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Preferred and Common Stockholder's Equity (Tables)
12 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Summary of Common Shares Issued and Outstanding

Common shares issued and outstanding

 

 

 

Years Ended June 30,

 

 

 

 

2017

 

 

 

2016

 

 

 

2015

 

Common stock issued and outstanding at July 1

 

 

69.1

 

 

 

68.9

 

 

 

73.5

 

Common stock issued upon exercise of options and

   employee stock plans

 

 

0.9

 

 

 

4.7

 

 

 

1.4

 

Repurchase and retirement of common stock

 

 

(1.6

)

 

 

(4.5

)

 

 

(6.0

)

Common stock issued and outstanding at June 30

 

 

68.4

 

 

 

69.1

 

 

 

68.9

 

 

Schedule of Stock Repurchases

The shares retired, aggregate common stock and additional paid-in capital reductions, and related charges to accumulated deficit for the repurchases for periods ended June 30, 2017, 2016 and 2015 were as follows:

 

 

 

Year ended June 30,

 

 

 

2017

 

 

2016

 

 

2015

 

Shares purchased and retired

 

 

1.6

 

 

 

4.5

 

 

 

6.0

 

Common stock and additional paid-in-capital reductions

 

$

14.6

 

 

$

41.2

 

 

$

51.5

 

Charges to retained earnings

 

$

17.0

 

 

$

121.4

 

 

$

159.2