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Basis of Presentation (Tables)

3 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Adoption of New Revenue Recognition Standard Revenue Impacted Previously Reported

Adoption of new revenue recognition standard impacted the Company’s previously reported results as follows:

	Three months ended
	September 30, 2017
	As Previously Reported			ASC606 Adjustments			As Restated
Consolidated Statements of Operations:
Total Revenue	$	187.9		$	(9.1	)	$	178.8
Selling, general and administrative expense		115.2			(8.0	)		107.2
Income tax provision		4.8			(0.3	)		4.5
Net Income attributable to Myriad Genetics, Inc. stockholders		79.6			(0.8	)		78.8
Earnings per share:
Basic	$	1.16		$	(0.01	)	$	1.15
Diluted	$	1.13		$	(0.01	)	$	1.12
Consolidated Statements of Cash Flows:
Net Income attributable to Myriad Genetics, Inc. stockholders		79.6			(0.8	)	$	78.8
Trade Accounts Receivable		(16.5	)		10.3			(6.2	)

	June 30, 2018
	As Previously Reported			ASC606 Adjustments			As Restated
Consolidated Balance Sheet:
Trade accounts receivable	$	98.3		$	1.2		$	99.5
Retained Earnings		52.9			1.2			54.1

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- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

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