Acquisitions (Tables)

3 Months Ended

Sep. 30, 2017

The following summarizes changes to the goodwill balance for the three months ended September 30, 2017

	Carrying amount
Beginning balance July 1, 2017	$	316.1
Adjustments to acquisitions (see note 2)		1.9
Translation adjustments		1.0
Ending balance September 30, 2017	$	319.0

Pro Forma Results of Acquisitions

Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operation of the combined company would have been if the acquisition had occurred at the beginning of the period presented nor are they indicative of future results of operations and are not necessarily indicative of results that might have been achieved had the acquisition been consummated as of July 1, 2016.

	Three months ended
	September 30,
	2017		2016
Revenue	$	190.2	$	188.9
Income from operations		87.4		(0.8	)
Net income (loss)		81.1		(19.2	)
Net income (loss) per share, basic	$	1.18	$	(0.28	)
Net income (loss) per share, diluted	$	1.15	$	(0.28	)

Assurex [Member]

Allocation of Consideration Transferred

The final purchase price allocation is as follows:

	Estimated Fair Value
Current assets	$	18.2
Intangible assets		295.6
Equipment		1.9
Goodwill		121.1
Current liabilities		(18.9	)
Deferred tax liability		(66.3	)
Total fair value purchase price	$	351.6
Less: Contingent consideration		(130.0	)
Less: Cash acquired		(5.5	)
Total cash consideration transferred	$	216.1

Changes in Carrying Amount of Goodwill

Change in goodwill from the date of acquisition is shown below:

	Carrying
	amount
Balance June 30, 2016	$	119.2
Fair value adjustment to equipment		(0.1	)
Non-controlling interest adjustment		0.2
Change in deferred tax liability		1.8
Ending balance September 30, 2017	$	121.1