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Segment and Related Information (Tables)

6 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Revenue and Operating Income (Loss)

The CODM evaluates segment performance based on operating income (loss).

(in millions)			Diagnostics						Other						Total
Transition Period Ended December 31, 2020:
Revenues			$	271.7					$	28.1					$	299.8
Depreciation and amortization			33.5						2.3						35.8
Segment operating loss			(1.4)						(86.4)						(87.8)
Fiscal Year Ended June 30, 2020:
Revenues			$	593.5					$	45.1					$	638.6
Depreciation and amortization			68.2						3.8						72.0
Segment operating loss			(82.4)						(149.3)						(231.7)
Fiscal Year Ended June 30, 2019:
Revenues			$	789.4					$	61.7					$	851.1
Depreciation and amortization			67.7						5.3						73.0
Segment operating income (loss)			133.3						(125.7)						7.6
Fiscal Year Ended June 30, 2018:
Revenues			$	690.4					$	53.3					$	743.7
Depreciation and amortization			49.2						5.2						54.4
Segment operating income (loss)			142.6						(20.7)						121.9

			Transition Period Ended December 31,						Years Ended June 30,
(in millions)			2020						2020						2019						2018
Total operating income (loss) for reportable segments			$	(87.8)					$	(231.7)					$	7.6					$	121.9
Unallocated amounts:
Interest income			0.7						3.0						3.2						1.8
Interest expense			(5.8)						(10.8)						(12.0)						(3.2)
Other			(1.2)						16.2						1.2						(0.4)
Income (loss) from operations before income taxes			(94.1)						(223.3)						—						120.1
Income tax benefit			(41.0)						(23.7)						(4.4)						(13.0)
Net income (loss)			(53.1)						(199.6)						4.4						133.1
Net loss attributable to non-controlling interest			—						(0.1)						(0.2)						(0.2)
Net income (loss) attributable to Myriad Genetics, Inc stockholders			$	(53.1)					$	(199.5)					$	4.6					$	133.3

Schedule of Comparison of Balance Sheet Assets by Operating Segment

The following table sets forth a comparison of balance sheet assets by operating segment:

			December 31,						June 30,
(in millions)			2020						2020						2019
Net equipment, leasehold improvements and property:
Diagnostics			$	23.0					$	23.9					$	25.7
Other			17.7						13.1						31.6
Total			$	40.7					$	37.0					$	57.3
Total assets less cash, cash equivalents, and marketable investment securities:
Diagnostics			$	994.0					$	1,002.8					$	1,215.6
Other			253.1						147.0						155.3
Total			$	1,247.1					$	1,149.8					$	1,370.9

Schedule of Total Assets by Geographical Region

The following table reconciles assets by geographical region to total assets:

			December 31,						June 30,
(in millions)			2020						2020						2019
Net equipment, leasehold improvements and property:
United States			$	38.4					$	35.4					$	36.0
Rest of world			2.3						1.6						21.3
Total			$	40.7					$	37.0					$	57.3
Total assets:
United States			$	1,190.3					$	1,097.2					$	1,265.8
Rest of world			56.8						52.6						105.1
Total assets by segment and geographical region			$	1,247.1					$	1,149.8					$	1,370.9
Cash, cash equivalents, and marketable investment securities (1)			171.7						254.8						191.8
Total			$	1,418.8					$	1,404.6					$	1,562.7

(1)The Company manages cash, cash equivalents, and marketable investment securities at the consolidated level for all segments.

Schedule of Total Revenue by Geographic Region

The following table reconciles revenue by geographical region to total revenue:

			Transition Period Ended December 31,						Years Ended June 30,
(in millions)			2020						2020						2019						2018
United States			$	275.4					$	596.2					$	805.4					$	700.5
Rest of world			24.4						42.4						45.7						43.2
Total revenue			$	299.8					$	638.6					$	851.1					$	743.7

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