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Acquisitions (Tables) | 9 Months Ended
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Mar. 31, 2019
Changes in Carrying Amount of Goodwill | The following summarizes changes to the goodwill balance for the nine months ended March 31, 2019
|  | Carrying amount |
Beginning balance July 1, 2018 |  | $ | 318.6 |
Acquisitions (see Note 3) |  |  | 98.3 |
Translation adjustments |  |  | (1.0 | )
Ending balance March 31, 2019 |  | $ | 415.9 |
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.
|  | Three months ended |  |  | Nine months ended |
|  | March 31, |  |  | March 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Revenue |  | $ | 216.6 |  |  | $ | 222.2 |  |  | $ | 645.9 |  |  | $ | 652.4 |
Income from operations |  |  | 5.9 |  |  |  | 6.7 |  |  |  | 23.5 |  |  |  | 68.9 |
Net income |  |  | 6.9 |  |  |  | (1.2 | ) |  |  | 18.2 |  |  |  | 74.2 |
Net income per share, basic |  | $ | 0.09 |  |  | $ | (0.02 | ) |  | $ | 0.25 |  |  | $ | 1.03 |
Net income per share, diluted |  | $ | 0.09 |  |  | $ | (0.02 | ) |  | $ | 0.24 |  |  | $ | 0.99 |
Counsyl Inc [Member] |
Allocation of Consideration Transferred | The Company expects the allocation of the consideration transferred to be final 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 |  |  | 98.3 |
Current liabilities |  |  | (19.6 | )
Long term liabilities |  |  | (0.1 | )
Deferred tax liability |  |  | (8.2 | )
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 March 31, 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 |  |  | 0.9 |
Ending balance March 31, 2019 |  | $ | 98.3 |

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