Note 4. Earnings Per Share

The following table sets forth the computation of basic and diluted net loss per share (in millions, except per share data):



	Three Months Ended
	September 29, 2018			September 30, 2017
Numerator:
Net loss	$	(15.3	)	$	(7.6	)
Denominator:
Weighted-average number of common shares outstanding
Basic	227.2			228.1
Effect of dilutive securities from stock-based benefit plans	—			—
Diluted	227.2			228.1

Net loss per share:
Basic	$	(0.07	)	$	(0.03	)
Diluted	$	(0.07	)	$	(0.03	)

The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net (loss) income per share because their effect would have been anti-dilutive (in millions):



	Three Months Ended
	September 29, 2018 (1) (2) (3) (4)	September 30, 2017 (1) (2) (3)
Stock options and ESPP	1.6	1.7
Restricted Stock Units	7.0	8.0
Total potentially dilutive securities	8.6	9.7

(1) As the Company incurred a net loss in the period, potential dilutive securities from employee stock options, ESPP, RSUs and PSUs have been excluded from the diluted net loss per share computations as their effects were deemed anti-dilutive.

(2) The Company’s 0.625% Senior Convertible Notes due 2033 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $11.28 per share payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. The Company’s average stock price for the three months ended September 29, 2018 did not exceed the conversion price of $11.28. Refer to “Note 11. Debt” for more details.

(3) The Company’s 1.00% Senior Convertible Notes due 2024 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.22 per share payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. The Company’s average stock price for the three months ended September 29, 2018 did not exceed the conversion price of $13.22. Refer to “Note 11. Debt” for more details.

(4) The Company’s 1.75% Senior Convertible Notes due 2023 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principle amount of the notes plus any accrued and unpaid interest and then the “in-the money” conversion benefit feature at the conversion price above $13.94 per share payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. The Company’s average stock price for the three months ended September 29, 2018 did not exceed the conversion price of $13.94. Refer to “Note 11. Debt” for more details.