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Basis of Presentation (Tables)

9 Months Ended

Mar. 31, 2019

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									Nine months ended
	March 31, 2018									March 31, 2018
	As Previously Reported			ASC606 Adjustments			As Restated			As Previously Reported			ASC606 Adjustments			As Restated
Consolidated Statements of Operations:
Total Revenue	$	191.1		$	(8.0	)	$	183.1		$	571.7		$	(21.9	)	$	549.8
Selling, general and administrative expense		115.1			(7.2	)		107.9			345.5			(23.2	)		322.3
Income tax provision		4.5			(0.2	)		4.3			(17.0	)		0.3			(16.7	)
Net Income attributable to Myriad Genetics, Inc. stockholders		9.7			(0.6	)		9.1			118.0			0.9			118.9
Earnings per share:
Basic	$	0.14		$	(0.01	)	$	0.13		$	1.71		$	0.01		$	1.72
Diluted	$	0.13		$	(0.01	)	$	0.13		$	1.66		$	—		$	1.66

	Nine months ended
	March 31, 2018
	As Previously Reported			ASC606 Adjustments			As Restated
Consolidated Statements of Cash Flows:
Net Income attributable to Myriad Genetics, Inc. stockholders		118.0			0.9		$	118.9
Trade Accounts Receivable		(42.3	)		(27.9	)		(14.4	)

	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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
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