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TRADE RECEIVABLES - FACTORING
12 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
TRADE RECEIVABLES—FACTORING
TRADE RECEIVABLES—FACTORING
The Company factors a portion of its trade receivables with unrelated third-party factoring companies on a non-recourse basis. Trade receivables factored throughout the fiscal year amounted to $300.1 and $344.9 in fiscal 2018 and 2017, respectively. Remaining balances due from factors amounted to $9.9 and $16.8 as of June 30, 2018 and 2017, respectively, and are included in Trade receivables, net in the Consolidated Balance Sheets. Factoring fees paid under these arrangements were $0.6, $0.7 and $0.8 in fiscal 2018, 2017 and 2016, respectively, which were recorded in Selling, general and administrative expenses in the Consolidated Statements of Operations.