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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Net revenue:    
Net administrative fees $ 125,976 $ 117,949
Other services and support 81,167 75,105
Services 207,143 193,054
Products 106,129 77,781
Net revenue 313,272 270,835
Cost of revenue:    
Services 42,690 38,124
Products 95,813 70,999
Cost of revenue 138,503 109,123
Gross profit 174,769 161,712
Operating expenses:    
Selling, general and administrative 92,238 86,938
Research and development 806 456
Amortization of purchased intangible assets 9,209 6,047
Operating expenses 102,253 93,441
Operating income 72,516 68,271
Equity in net income of unconsolidated affiliates 9,579 4,590
Interest and investment (loss) income, net (152) 241
Loss on disposal of long-lived assets (1,518) 0
Other income (expense), net 1,006 (1,809)
Other income, net 8,915 3,022
Income before income taxes 81,431 71,293
Income tax expense 23,336 19,040
Net income 58,095 52,253
Net income attributable to non-controlling interest in Premier LP (49,601) (47,900)
Adjustment of redeemable limited partners' capital to redemption amount 61,808 466,801
Net income attributable to stockholders $ 70,302 $ 471,154
Weighted average shares outstanding:    
Basic (in shares) 47,214 37,735
Diluted (in shares) 142,962 145,560
Earnings per share attributable to stockholders:    
Basic (in usd per share) $ 1.49 $ 12.49
Diluted (in usd per share) $ 0.26 $ 0.24