XML 20 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]        
Net revenues $ 2,637.6 $ 2,296.7 $ 4,875.9 $ 3,376.9
Cost of sales 1,025.0 892.3 1,899.3 1,337.1
Gross profit 1,612.6 1,404.4 2,976.6 2,039.8
Selling, general and administrative expenses 1,319.9 1,170.2 2,511.7 1,649.1
Amortization expense 89.6 95.2 167.8 116.4
Restructuring costs 21.7 15.8 32.9 23.2
Acquisition-related costs 7.0 135.9 61.1 217.4
Operating income (loss) 174.4 (12.7) 203.1 33.7
Interest expense, net 60.3 57.9 126.7 98.3
Other expense (income), net 3.4 (0.6) 7.1 0.7
Income (loss) before income taxes 110.7 (70.0) 69.3 (65.3)
Benefit for income taxes (7.9) (122.1) (33.2) (127.2)
Net income 118.6 52.1 102.5 61.9
Net (loss) income attributable to noncontrolling interests (1.9) 2.5 (4.1) 10.7
Net income attributable to redeemable noncontrolling interests 11.3 2.8 17.1 4.4
Net income attributable to Coty Inc. $ 109.2 $ 46.8 $ 89.5 $ 46.8
Net income attributable to Coty Inc. per common share:        
Basic (in dollars per share) $ 0.15 $ 0.06 $ 0.12 $ 0.09
Diluted (in dollars per share) $ 0.15 $ 0.06 $ 0.12 $ 0.09
Weighted-average common shares outstanding:        
Basic (in shares) 749.6 746.6 749.1 539.8
Diluted (in shares) 752.7 752.4 752.5 545.8