Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Current Assets:
Cash and cash equivalents	$ 329.1	$ 352.2
Accounts receivable, net of allowances of $4.0 and $3.7 at March 31, 2017 and June 30, 2016, respectively	246.6	252.6
Inventories	157.0	146.4
Prepaid expenses and other current assets	61.7	28.9
Total current assets	794.4	780.1
Property and equipment at cost, net of accumulated depreciation of $103.7 and $87.3 at March 31, 2017 and June 30, 2016, respectively	113.2	112.7
Goodwill	206.8	206.8
Acquired intangibles, net	115.1	160.3
Non-current other assets	39.2	40.3
Total assets	1,268.7	1,300.2
Current Liabilities:
Accounts payable	172.5	172.8
Accrued compensation	29.1	39.9
Income taxes payable	14.7	11.5
Acquisition-related liabilities	14.5	25.5
Other accrued liabilities	102.7	82.3
Current portion of long-term debt	15.0	18.8
Total current liabilities	348.5	350.8
Long-term debt, net of issuance costs	206.2	216.7
Acquisition-related liabilities		6.2
Deferred tax liabilities	0.9	9.0
Other long-term liabilities	14.0	12.5
Total liabilities	569.6	595.2
Stockholders' Equity:
Common stock: $0.001 par value; 120,000,000 shares authorized, 60,245,389 and 59,532,148 shares issued, and 34,303,913 and 35,212,141 shares outstanding, at March 31, 2017 and June 30, 2016, respectively	0.1	0.1
Additional paid-in capital	981.5	928.6
Treasury stock: 25,941,476 and 24,320,007 common treasury shares at March 31, 2017 and June 30, 2016, respectively, at cost	(980.3)	(892.3)
Accumulated other comprehensive income	1.5	3.3
Retained earnings	696.3	665.3
Total stockholders' equity	699.1	705.0
Liabilities and stockholders' equity	$ 1,268.7	$ 1,300.2

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.