Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.8.0.1
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share:
(In thousands, except per share amounts)
Three months ended
December 31,
 
Six months ended
December 31,
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
(134,319
)
 
$
238,251

 
$
146,617

 
$
416,352

Denominator:
 
 
 
 
 
 
 
Weighted-average shares-basic, excluding unvested restricted stock units
156,587

 
156,335

 
156,707

 
156,232

Effect of dilutive restricted stock units and options(1)
—

 
788

 
981

 
839

Weighted-average shares-diluted
156,587

 
157,123

 
157,688

 
157,071

Basic net income (loss) per share
$
(0.86
)
 
$
1.52

 
$
0.94

 
$
2.66

Diluted net income (loss) per share
$
(0.86
)
 
$
1.52

 
$
0.93

 
$
2.65

Anti-dilutive securities excluded from the computation of diluted net income per share
—

 
2

 
—

 
56


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(1) The Company has not had any outstanding stock options since August 2016.