v3.25.0.1
Net Loss Per Share
 6 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The computation of basic and diluted net loss per share is as follows:
Three Months Ended December 31,Six Months Ended December 31,
2024202320242023
($ in millions, except per share amounts)
Numerator:
Net loss attributable to common stockholders
$(92.0)$(194.9)$(92.8)$(354.1)
Denominator:
Weighted-average common shares outstanding385,591,039 362,334,326 382,059,323 360,440,945 
Net loss per share, basic and diluted$(0.24)$(0.54)$(0.24)$(0.98)
Basic and diluted loss per share are the same for each class of common stock because they are entitled to the same liquidation and dividend rights.
The following potentially dilutive shares were not included in the calculation of diluted shares outstanding above as the effect would have been anti-dilutive:
Three Months Ended December 31,Six Months Ended December 31,
2024202320242023
Employee stock options6,941,850 7,693,440 6,468,819 8,198,291 
Restricted stock units and awards25,602,278 637,660 13,137,055 815,567 
Shares estimated to be purchased under ESPP87,677 — 43,839 — 
Convertible senior notes77,284,420 — 77,284,420 — 

Capped Calls
For the three and six months ended December 31, 2023, the denominator for basic and diluted loss per share does not include any effect from the Capped Call Transactions the Company entered into concurrently with the issuance of the 2026 Notes as this effect would have been anti-dilutive. During the fiscal year ended June 30, 2024, the Capped Call Transactions were terminated. Refer to Note 7 - Debt for additional information.