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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8.9 $ 102.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35.0 20.0
Non-cash interest expense 0.4  
Gain on disposition of assets (0.2) (0.4)
Share-based compensation expense 22.7 23.9
Impairment of cost basis investment 2.4  
Bad debt expense 27.3 23.5
Loss on extinguishment of debt 1.3  
Deferred income taxes 2.0 31.5
Unrecognized tax benefits 0.9 (2.4)
Change in fair value of contingent consideration 2.0  
Changes in assets and liabilities:    
Prepaid expenses 10.9 (8.7)
Trade accounts receivable (40.3) (28.7)
Other receivables (3.2) (1.0)
Inventory (6.5) (0.2)
Prepaid taxes 3.6 (27.7)
Accounts payable 2.0 (6.9)
Accrued liabilities (0.6) 2.9
Deferred revenue 1.0  
Net cash provided by operating activities 69.6 127.8
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (5.4) (2.8)
Acquisitions, net of cash acquired (216.1)  
Sale of cost basis investment 2.6  
Purchases of marketable investment securities (74.6) (131.4)
Proceeds from maturities and sales of marketable investment securities 142.9 86.6
Net cash used in investing activities (150.6) (47.6)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net proceeds for common stock issued under share-based compensation plans 1.3 85.9
Net proceeds from revolving credit facility 204.0  
Net proceeds from term loan 199.0  
Repayment of term loan (200.0)  
Repayment of revolving credit facility (37.0)  
Fees paid for extinguishment of debt (0.6)  
Repurchase and retirement of common stock (31.6) (107.9)
Net cash provided by (used in) financing activities 135.1 (22.0)
Effect of foreign exchange rates on cash and cash equivalents 1.2 (1.8)
Net increase in cash and cash equivalents 55.3 56.4
Cash and cash equivalents at beginning of the period 68.5 64.1
Cash and cash equivalents at end of the period $ 123.8 $ 120.5