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DERIVATIVE INSTRUMENTS (Tables)
 3 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivative instruments
The following table presents the fair value of derivative instruments outstanding at September 30, 2015 and June 30, 2015:
 
Asset
 
Liability
 
Balance Sheet Classification
 
Fair Value
 
Balance Sheet Classification
 
Fair Value
 
 
 
September 30, 2015
 
June 30, 2015
 
 
 
September 30, 2015
 
June 30, 2015
Derivatives designated as hedges:
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
Prepaid expenses and
other current assets
 
$
8.9

 
$
6.8

 
Accrued expenses and
other current liabilities
 
$
1.2

 
$
4.8

Total derivatives designated as hedges
 
 
$
8.9

 
$
6.8

 
 
 
$
1.2

 
$
4.8

Derivatives not designated as hedges:
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
Prepaid expenses and
other current assets
 
$
0.8

 
$
5.6

 
Accrued expenses and
other current liabilities
 
$
1.2

 
$
1.5

Total derivatives not designated as hedges
 
 
$
0.8

 
$
5.6

 
 
 
$
1.2

 
$
1.5

Total derivatives
 
 
$
9.7

 
$
12.4

 
 
 
$
2.4

 
$
6.3
Gross amount of foreign exchange hedges recorded in Condensed Consolidated Balance Sheet
The table below presents the gross amount of foreign exchange contract hedges recorded as assets and liabilities in Prepaid expenses and other current assets and Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheet, respectively, as of September 30, 2015:
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts Recognized
 
Gross Amounts Offset in the Condensed Consolidated Statement of Operations
 
Net Amount Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
Assets
$
11.1

 
$
(1.4
)
 
$
9.7

 
$
—

 
$
—

 
$
9.7

Liabilities
$
(2.9
)
 
$
0.5

 
$
(2.4
)
 
$
—

 
$
—

 
$
(2.4
)
The table below presents the gross amount of foreign exchange contract hedges recorded as assets and liabilities in Prepaid expenses and other current assets and Accrued expenses and other current liabilities in the Consolidated Balance Sheet, respectively, as of June 30, 2015:
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts Recognized
 
Gross Amounts Offset in the Condensed Consolidated Statement of Operations
 
Net Amount Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
Assets
$
16.1

 
$
(3.7
)
 
$
12.4

 
$
—

 
$
—

 
$
12.4

Liabilities
$
(6.5
)
 
$
0.2

 
$
(6.3
)
 
$
—

 
$
—

 
$
(6.3
)
Gross amount of foreign exchange hedges recorded as liabilities in Condensed Consolidated Balance Sheet
The table below presents the gross amount of foreign exchange contract hedges recorded as assets and liabilities in Prepaid expenses and other current assets and Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheet, respectively, as of September 30, 2015:
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts Recognized
 
Gross Amounts Offset in the Condensed Consolidated Statement of Operations
 
Net Amount Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
Assets
$
11.1

 
$
(1.4
)
 
$
9.7

 
$
—

 
$
—

 
$
9.7

Liabilities
$
(2.9
)
 
$
0.5

 
$
(2.4
)
 
$
—

 
$
—

 
$
(2.4
)
The table below presents the gross amount of foreign exchange contract hedges recorded as assets and liabilities in Prepaid expenses and other current assets and Accrued expenses and other current liabilities in the Consolidated Balance Sheet, respectively, as of June 30, 2015:
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts Recognized
 
Gross Amounts Offset in the Condensed Consolidated Statement of Operations
 
Net Amount Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
Assets
$
16.1

 
$
(3.7
)
 
$
12.4

 
$
—

 
$
—

 
$
12.4

Liabilities
$
(6.5
)
 
$
0.2

 
$
(6.3
)
 
$
—

 
$
—

 
$
(6.3
)
Amount of gains and losses related to derivative financial instruments not designated as hedging instruments
The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments during the three months ended September 30, 2015 and 2014 is presented below:
Condensed Consolidated Statements of Operations
Classification of Gain (Loss) Recognized in Operations
Gain (Loss) Recognized
in Operations
Three Months
Ended September 30,
 
2015
 
2014
Interest expense, net
$
(2.8
)
 
$
1.8

Selling, general and administrative
$
1.3

 
$
0.9
Reclassification out of Accumulated Other Comprehensive Income
The amount of gains and losses reclassified from AOCI to the Condensed Consolidated Statements of Operations related to the Company’s derivative financial instruments which are designated as hedging instruments during the three months ended September 30, 2015 and 2014 is presented below:
Condensed Consolidated Statements of Operations Classification of Gain (Loss) Reclassified from AOCI/(L)
Gain (Loss) Recognized
in Operations
Three Months
Ended September 30,
 
2015
 
2014
Net revenue
$
1.4

 
$
—