BUSINESS COMBINATIONS (Tables)

12 Months Ended

Jun. 30, 2015

Schedule of preliminary consideration and purchase price allocation

The Company completed two acquisitions during fiscal 2014:



Acquired entity	Date acquired	Purchase Price		Segment
Lena White, Ltd. (“Lena White”)	January 2, 2014	$	11.6	Color Cosmetics
StarAsia Group Pte Ltd. (“StarAsia”)	July 1, 2013	$	23.5	All segments

The company completed one acquisition during fiscal 2015:



Acquired entity	Date acquired	Purchase Price		Segment
Bourjois cosmetics brand ("Bourjois")	April 1, 2015	$	376.8	Color Cosmetics

Bourjois

Business Acquisition [Line Items]

Schedule of preliminary consideration and purchase price allocation

The following table summarizes the preliminary consideration and the allocation of the purchase price to the net assets acquired in the Bourjois acquisition:



Consideration:
Fair Value of Coty Inc. Class A Stock	$	376.8
Purchase price	$	376.8

Recognized amounts of identifiable assets and liabilities assumed:



	Estimated fair value		Estimated useful life (in years)
Cash	$	12.3
Inventories	31.5
Property and equipment	9.0
Goodwill	194.8
Trademark	112.0		Indefinite
Customer relationships	66.0		13-14
Product formulations	1.1		3
Net working capital	10.7
Net other assets/(liabilities)	(3.9)
Deferred tax liability, net	(56.7)
Total identifiable net assets:	$	376.8

Business acquisition, pro forma information

The unaudited historical Consolidated Statements of Operations in the table below summarizes the combined results of operations of Bourjois on a pro forma basis, as though the companies had been combined on July 1, 2013, and gives effect to pro forma events that are: (1) directly attributable to the transaction, (2) factually supportable, and (3) expected to have a continuing impact on the combined results. The unaudited pro forma results include adjustments for non-recurring transaction costs (including distributor termination fees, transaction specific costs, and the amortization of the inventory step-up) and incremental intangible asset amortization to be incurred on a recurring basis, based on preliminary values of each identifiable intangible asset. Pro forma adjustments were tax-effected at the Company’s statutory rates. The pro forma Consolidated Statements of Operations is presented for informational purposes only and may not be indicative of the results of operations that would have been achieved if the acquisition had taken place on July 1, 2013 or that may occur in the future, and does not reflect future synergies, integration costs, or other such costs or savings. The pro forma Consolidated Statements of Operations for fiscal 2015 and 2014 are as follows:



	Year Ended June 30,
	2015		2014
Pro forma Net revenues	$	4,553.2	$	4,788.7
Pro forma Operating income	420.2		17.4
Pro forma Net income (loss)	275.3		(77.0)
Pro forma Net income (loss) attributable to Coty Inc.	248.4		(110.2)
Pro forma Net income (loss) attributable to Coty Inc. per common share
Basic	$	0.68	$	(0.28	)
Diluted	$	0.66	$	(0.28	)

Lena White Limited

Business Acquisition [Line Items]

Schedule of preliminary consideration and purchase price allocation

The following table summarizes the consideration and purchase price allocation of net assets acquired in the Lena White acquisition:

Consideration:



Cash paid	$	8.3
Net cash paid to seller for net working capital adjustments	0.3
Noncash consideration for pre-acquisition trade receivables	1.9
Contingent consideration payable	1.1
Purchase price	$	11.6



	Estimated fair value		Estimated useful life (in years)
Goodwill	$	2.0
Customer relationships	4.2		7
Other net assets	5.4
Total identifiable net assets	$	11.6

StarAsia

Business Acquisition [Line Items]

Schedule of preliminary consideration and purchase price allocation

The following tables summarize the consideration and purchase price allocation to the net assets acquired in the StarAsia acquisition:



Consideration:

Cash paid	$	25.0
Noncash consideration for pre-acquisition trade receivables	2.0
Net working capital adjustment received from seller	(3.5		)
Purchase price	$	23.5



	Estimated fair value		Estimated useful life (in years)
Goodwill	$	11.5
Customer relationships	7.4		12
Other net assets	4.6
Total identifiable net assets	$	23.5