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Segment and Related Information (Tables)
9 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Performance Based on Income (Loss) before Interest Income and Other Income and Expense

Segment revenue and operating income (loss) were as follows during the periods presented:

 

 

 

Diagnostics

 

 

Other

 

 

Total

 

Three months ended March 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

185.2

 

 

$

11.7

 

 

$

196.9

 

Depreciation and amortization

 

 

11.6

 

 

 

1.3

 

 

 

12.9

 

Segment operating income (loss)

 

 

31.0

 

 

 

(18.1

)

 

 

12.9

 

Three months ended March 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

177.4

 

 

$

13.1

 

 

$

190.5

 

Depreciation and amortization

 

 

5.4

 

 

 

1.2

 

 

 

6.6

 

Segment operating income (loss)

 

 

59.2

 

 

 

(16.6

)

 

 

42.6

 

Nine months ended March 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

534.2

 

 

$

36.7

 

 

$

570.9

 

Depreciation and amortization

 

 

31.0

 

 

 

4.0

 

 

 

35.0

 

Segment operating income (loss)

 

 

93.7

 

 

 

(61.3

)

 

 

32.4

 

Nine months ended March 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

532.0

 

 

$

35.4

 

 

$

567.4

 

Depreciation and amortization

 

 

16.2

 

 

 

3.8

 

 

 

20.0

 

Segment operating income (loss)

 

 

186.3

 

 

 

(55.1

)

 

 

131.2

 

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Total operating income for reportable segments

 

$

12.9

 

 

$

42.6

 

 

$

32.4

 

 

$

131.2

 

Unallocated amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

0.3

 

 

 

0.3

 

 

 

0.9

 

 

 

0.5

 

Interest expense

 

 

(1.5

)

 

 

 

 

 

(4.8

)

 

 

(0.2

)

Change in the fair value of contingent consideration

 

 

(5.2

)

 

 

 

 

 

(2.0

)

 

 

 

Other

 

 

1.5

 

 

 

0.2

 

 

 

(2.4

)

 

 

0.2

 

Income from operations before income taxes

 

 

8.0

 

 

 

43.1

 

 

 

24.1

 

 

 

131.7

 

Income tax provision

 

 

3.8

 

 

 

8.6

 

 

 

15.2

 

 

 

29.7

 

Net income

 

 

4.2

 

 

 

34.5

 

 

 

8.9

 

 

 

102.0

 

Net loss attributable to non-controlling interest

 

 

 

 

 

 

 

 

(0.1

)

 

 

 

Net income attributable to Myriad Genetics, Inc.

   stockholders

 

$

4.2

 

 

$

34.5

 

 

$

9.0

 

 

$

102.0