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Business Acquisitions (Tables) | 12 Months Ended
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Jun. 30, 2019
Changes in Carrying Amount of Goodwill | The following summarizes changes to the goodwill balance for the years ended June 30, 2019 and 2018:
|  | Years Ended June 30, |
|  | 2019 |  |  | 2018 |
Beginning balance |  | $ | 318.6 |  |  | $ | 316.1 |
Acquisitions (see note 2) |  |  | 94.9 |  |  |  | — |
Adjustments to acquisitions (see note 2) |  |  | 4.4 |  |  |  | 1.9 |
Translation adjustments |  |  | (0.7 | ) |  |  | 0.6 |
Ending balance |  | $ | 417.2 |  |  | $ | 318.6 |
Counsyl Inc [Member] |
Allocation of Consideration Transferred | The allocation of the consideration transferred will be finalized within the measurement period (up to one year from the acquisition date).
|  | Estimated Fair Value |
Current assets |  | $ | 42.5 |
Intangible assets |  |  | 290.0 |
Equipment |  |  | 18.2 |
Other assets |  |  | 0.1 |
Goodwill |  |  | 99.3 |
Current liabilities |  |  | (19.6 | )
Long term liabilities |  |  | (0.1 | )
Deferred tax liability |  |  | (9.2 | )
Total fair value purchase price |  | $ | 421.2 |
Less: Cash acquired |  |  | (15.3 | )
Total consideration transferred |  | $ | 405.9 |
Changes in Carrying Amount of Goodwill | Changes in goodwill since the initial purchase as of June 30, 2019 are shown below:
|  | Carrying |
|  | amount |
Balance September 30, 2018 |  | $ | 94.9 |
Fair value adjustment to equipment |  |  | 0.7 |
Intangible adjustment |  |  | 2.9 |
Working capital adjustment |  |  | (1.1 | )
Change in deferred tax liability |  |  | 1.9 |
Ending balance June 30, 2019 |  | $ | 99.3 |
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, 2017.
|  | Years Ended |
|  | June 30, |
|  | 2019 |  |  | 2018 |
Revenue |  | $ | 861.3 |  |  | $ | 881.8 |
Income from operations |  |  | 17.9 |  |  |  | 74.3 |
Net income |  |  | 13.8 |  |  |  | 73.0 |
Net income per share, basic |  | $ | 0.19 |  |  | $ | 1.01 |
Net income per share, diluted |  | $ | 0.18 |  |  | $ | 0.98 |

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