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Restructuring (Tables) | 9 Months Ended
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Mar. 31, 2022
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring Charges | As a result of the Restructuring Plan, the Company incurred the following charges, of which Asset write-downs and write-offs are included within Impairment expense and loss on disposals in the condensed consolidated statements of operations and comprehensive (loss) income. The remaining charges incurred due to the restructuring plan are included within Restructuring expense in the condensed consolidated statements of operations and comprehensive (loss) income:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2022 |  | 2022
Cash restructuring charges: | (in millions)
Severance and other personnel costs | $ | 99.4 |  |  | $ | 99.4 |
Professional fees and other related charges | 14.3 |  |  | 14.3 |
Total cash charges | 113.7 |  |  | 113.7 |
Non-cash charges: |  |  |
Asset write-downs and write-offs | 27.4 |  |  | 27.4 |
Stock-based compensation expense | 44.9 |  |  | 44.9 |
Total non-cash charges | 72.3 |  |  | 72.3 |
Total | $ | 186.0 |  |  | $ | 186.0 |
Schedule of Restructuring Related Liabilities | The following table presents a roll-forward of cash restructuring-related liabilities, which is included within Accounts payable and accrued expenses in the condensed consolidated balance sheets, as follows:
| Severance and other personnel costs |  | Professional fees and other related charges |  | Total
| (in millions)
Balance as of June 30, 2021 | $ | — |  |  | $ | — |  |  | $ | — |
Charges | 99.4 |  |  | 14.3 |  |  | 113.7 |
Cash payments | (73.3) |  |  | (14.3) |  |  | (87.6) |
Balance as of March 31, 2022 | $ | 26.1 |  |  | $ | — |  |  | $ | 26.1 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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