XML 19 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Coty Inc. Stockholders’ Equity
Total Coty Inc. Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Total Coty Inc. Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
(Accumulated Deficit)
(Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
(Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interests
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Balance, beginning of period (in shares) at Jun. 30, 2020             1.5 1.5 830.6 830.6               65.5 65.5    
Balance, beginning of period at Jun. 30, 2020 $ 3,228.8 $ (5.7) $ 3,223.1 $ 3,004.6 $ (5.7) $ 2,998.9 $ 0.0 $ 0.0 $ 8.3 $ 8.3 $ 10,447.4 $ 10,447.4 $ (5,548.6) $ (5.7) $ (5,554.3) $ (456.2) $ (456.2) $ (1,446.3) $ (1,446.3) $ 224.2 $ 224.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 0.6                        
Shares withheld for employee taxes (1.0)     (1.0)             (1.0)                    
Share-based compensation expense 6.2     6.2             6.2                    
Changes in dividends accrued 0.8     0.8             0.8                    
Dividends accrued- Convertible Series B Preferred Stock (20.8)     (20.8)             (20.8)                    
Net income (loss) 221.8     221.4                 221.4             0.4  
Other comprehensive loss (6.0)     (5.9)                       (5.9)       (0.1)  
Adjustment of redeemable noncontrolling interests to redemption value 1.5     1.5             1.5                    
Balance, end of period (in shares) at Sep. 30, 2020             1.5   831.2                 65.5      
Balance, end of period at Sep. 30, 2020 3,425.6     3,201.1     $ 0.0   $ 8.3   10,434.1   (5,332.9)     (462.1)   $ (1,446.3)   224.5  
Balance, beginning of period at Jun. 30, 2020 79.1   79.1                                    
Balance, beginning of period at Jun. 30, 2020 715.8   715.8                                    
Redeemable Noncontrolling Interests                                          
Issuance of Preferred Stock 242.4                                        
Dividends accrued- Convertible Series B Preferred Stock 20.8                                        
Net income (loss) 5.5                                        
Adjustment of redeemable noncontrolling interests to redemption value (1.5)                                        
Balance, end of period at Sep. 30, 2020 83.1                                        
Balance, end of period at Sep. 30, 2020 979.0                                        
Balance, beginning of period (in shares) at Jun. 30, 2020             1.5 1.5 830.6 830.6               65.5 65.5    
Balance, beginning of period at Jun. 30, 2020 3,228.8 $ (5.7) 3,223.1 3,004.6 $ (5.7) $ 2,998.9 $ 0.0 $ 0.0 $ 8.3 $ 8.3 10,447.4 $ 10,447.4 (5,548.6) $ (5.7) $ (5,554.3) (456.2) $ (456.2) $ (1,446.3) $ (1,446.3) 224.2 $ 224.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Other comprehensive loss 30.1                                        
Balance, end of period (in shares) at Mar. 31, 2021             1.5   832.3                 66.2      
Balance, end of period at Mar. 31, 2021 3,170.5     2,962.2     $ 0.0   $ 8.3   10,395.8   (5,569.6)     (426.0)   $ (1,446.3)   208.3  
Balance, beginning of period at Jun. 30, 2020 79.1   79.1                                    
Balance, beginning of period at Jun. 30, 2020 715.8   $ 715.8                                    
Balance, end of period at Mar. 31, 2021 87.4                                        
Balance, end of period at Mar. 31, 2021 1,036.3                                        
Balance, beginning of period (in shares) at Sep. 30, 2020             1.5   831.2                 65.5      
Balance, beginning of period at Sep. 30, 2020 3,425.6     3,201.1     $ 0.0   $ 8.3   10,434.1   (5,332.9)     (462.1)   $ (1,446.3)   224.5  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 0.4                        
Shares withheld for employee taxes (0.9)     (0.9)             (0.9)                    
Share-based compensation expense 14.4     14.4             14.4                    
Changes in dividends accrued 0.4     0.4             0.4                    
Dividends accrued- Convertible Series B Preferred Stock (23.2)     (23.2)             (23.2)                    
Net income (loss) (254.8)     (252.3)                 (252.3)             (2.5)  
Other comprehensive loss 135.8     135.6                       135.6       0.2  
Distribution to noncontrolling interests, net (4.3)                                     (4.3)  
Adjustment of redeemable noncontrolling interests to redemption value 1.8     1.8             1.8                    
Equity Investment contribution for share-based compensation 0.5     0.5             0.5                    
Balance, end of period (in shares) at Dec. 31, 2020             1.5   831.6                 65.5      
Balance, end of period at Dec. 31, 2020 3,295.3     3,077.4     $ 0.0   $ 8.3   10,427.1   (5,585.2)     (326.5)   $ (1,446.3)   217.9  
Balance, beginning of period at Sep. 30, 2020 83.1                                        
Balance, beginning of period at Sep. 30, 2020 979.0                                        
Redeemable Noncontrolling Interests                                          
Dividends accrued- Convertible Series B Preferred Stock 23.2                                        
Net income (loss) 0.3                                        
Distribution to noncontrolling interests, net (2.1)                                        
Adjustment of redeemable noncontrolling interests to redemption value (1.8)                                        
Balance, end of period at Dec. 31, 2020 79.5                                        
Balance, end of period at Dec. 31, 2020 1,002.2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 0.7                        
Shares withheld for employee taxes (2.3)     (2.3)             (2.3)                    
Share-based compensation expense 6.0     6.0             6.0                    
Changes in dividends accrued 0.5     0.5             0.5                    
Dividends accrued- Convertible Series B Preferred Stock (23.6)     (23.6)             (23.6)                    
Deemed Dividends - Conversion of Convertible Series B Preferred Stock (10.5)     (10.5)             (10.5)                    
Cancellation of Restricted Stock (in shares)                                   0.7      
Net income (loss) 6.2     15.6                 15.6             (9.4)  
Other comprehensive loss (99.7)     (99.5)                       (99.5)       (0.2)  
Adjustment of redeemable noncontrolling interests to redemption value (1.4)     (1.4)             (1.4)                    
Balance, end of period (in shares) at Mar. 31, 2021             1.5   832.3                 66.2      
Balance, end of period at Mar. 31, 2021 3,170.5     2,962.2     $ 0.0   $ 8.3   10,395.8   (5,569.6)     (426.0)   $ (1,446.3)   208.3  
Redeemable Noncontrolling Interests                                          
Dividends accrued- Convertible Series B Preferred Stock 23.6                                        
Deemed Dividends - Conversion of Convertible Series B Preferred Stock 10.5                                        
Net income (loss) 6.5                                        
Adjustment of redeemable noncontrolling interests to redemption value 1.4                                        
Balance, end of period at Mar. 31, 2021 87.4                                        
Balance, end of period at Mar. 31, 2021 1,036.3                                        
Balance, beginning of period (in shares) at Jun. 30, 2021             1.5   832.3                 66.3      
Balance, beginning of period at Jun. 30, 2021 3,062.2     2,860.7     $ 0.0   $ 8.3   10,376.2   (5,755.6)     (321.9)   $ (1,446.3)   201.5  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 51.0                        
Shares withheld for employee taxes (4.2)     (4.2)             (4.2)                    
Share-based compensation expense 107.8     107.8             107.8                    
Equity Investment contribution for share-based compensation 1.6     1.6             1.6                    
Changes in dividends accrued 0.5     0.5             0.5                    
Conversion of Convertible Series B Preferred Stock 307.9     307.9         $ 0.5   307.4                    
Dividends accrued- Convertible Series B Preferred Stock (22.7)     (22.7)             (22.7)                    
Deemed Dividends - Conversion of Convertible Series B Preferred Stock (6.7)     (6.7)             (6.7)                    
Deemed Dividends - Exchange Agreement (93.6)     (93.6)             (93.6)                    
Net income (loss) 225.5     226.0                 226.0             (0.5)  
Other comprehensive loss (138.2)     (138.0)                       (138.0)       (0.2)  
Adjustment of redeemable noncontrolling interests to redemption value 4.1     4.1             4.1                    
Balance, end of period (in shares) at Sep. 30, 2021             1.5   883.3                 66.3      
Balance, end of period at Sep. 30, 2021 3,444.2     3,243.4     $ 0.0   $ 8.8   10,670.4   (5,529.6)     (459.9)   $ (1,446.3)   200.8  
Balance, beginning of period at Jun. 30, 2021 84.1                                        
Balance, beginning of period at Jun. 30, 2021 1,036.3                                        
Redeemable Noncontrolling Interests                                          
Conversion of Convertible Series B Preferred Stock (307.9)     (307.9)         $ (0.5)   (307.4)                    
Reclassification to Mandatorily redeemable Convertible Series B Preferred Stock (394.2)                                        
Dividends accrued- Convertible Series B Preferred Stock 22.7                                        
Deemed Dividends - Conversion of Convertible Series B Preferred Stock 6.7                                        
Deemed Dividends - Exchange Agreement 93.6                                        
Dividends Paid - Convertible Series B Preferred Stock (3.5)                                        
Net income (loss) 3.4                                        
Adjustment of redeemable noncontrolling interests to redemption value (4.1)                                        
Balance, end of period at Sep. 30, 2021 83.4                                        
Balance, end of period at Sep. 30, 2021 453.7                                        
Balance, beginning of period (in shares) at Jun. 30, 2021             1.5   832.3                 66.3      
Balance, beginning of period at Jun. 30, 2021 3,062.2     2,860.7     $ 0.0   $ 8.3   10,376.2   (5,755.6)     (321.9)   $ (1,446.3)   201.5  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Changes in dividends accrued 0.8                                        
Other comprehensive loss (198.8)                                        
Balance, end of period (in shares) at Mar. 31, 2022             1.5   905.5                 66.3      
Balance, end of period at Mar. 31, 2022 3,792.9     3,598.7     $ 0.0   $ 9.0   10,770.9   (5,214.6)     (520.3)   $ (1,446.3)   194.2  
Balance, beginning of period at Jun. 30, 2021 84.1                                        
Balance, beginning of period at Jun. 30, 2021 1,036.3                                        
Balance, end of period at Mar. 31, 2022 71.9                                        
Balance, end of period at Mar. 31, 2022 142.4                                        
Balance, beginning of period (in shares) at Sep. 30, 2021             1.5   883.3                 66.3      
Balance, beginning of period at Sep. 30, 2021 3,444.2     3,243.4     $ 0.0   $ 8.8   10,670.4   (5,529.6)     (459.9)   $ (1,446.3)   200.8  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 (48.2)                        
Shares withheld for employee taxes (7.1)     (7.1)             (7.1)                    
Share-based compensation expense 26.9     26.9             26.9                    
Equity Investment contribution for share-based compensation (3.0)     (3.0)             (3.0)                    
Changes in dividends accrued 0.2     0.2             0.2                    
Conversion of Convertible Series B Preferred Stock (in shares)                 69.9                        
Conversion of Convertible Series B Preferred Stock 121.6     121.6         $ 0.2   121.4                    
Dividends accrued- Convertible Series B Preferred Stock (5.9)     (5.9)             (5.9)                    
Deemed Dividends - Conversion of Convertible Series B Preferred Stock (0.8)     (0.8)             (0.8)                    
Deemed Dividends - Redemption of Convertible Series B Preferred Stock (66.4)     (66.4)             (66.4)                    
Deemed Contributions - Convertible Series B Preferred Stock 4.4     4.4             4.4                    
Net income (loss) 260.5     261.4                 261.4             (0.9)  
Other comprehensive loss (100.4)     (100.3)                       (100.3)       (0.1)  
Distribution to noncontrolling interests, net (2.7)                                     (2.7)  
Adjustment of redeemable noncontrolling interests to redemption value (2.9)     (2.9)             (2.9)                    
Balance, end of period (in shares) at Dec. 31, 2021             1.5   905.0                 66.3      
Balance, end of period at Dec. 31, 2021 3,668.6     3,471.5     $ 0.0   $ 9.0   10,737.2   (5,268.2)     (560.2)   $ (1,446.3)   197.1  
Balance, beginning of period at Sep. 30, 2021 83.4                                        
Balance, beginning of period at Sep. 30, 2021 453.7                                        
Redeemable Noncontrolling Interests                                          
Conversion of Convertible Series B Preferred Stock (121.6)     (121.6)         $ (0.2)   (121.4)                    
Exchange Transaction (212.7)                                        
Dividends accrued- Convertible Series B Preferred Stock 5.9                                        
Deemed Dividends - Conversion of Convertible Series B Preferred Stock 0.8                                        
Deemed Dividends - Redemption of Convertible Series B Preferred Stock 66.4                                        
Deemed Contributions - Convertible Series B Preferred Stock (4.4)                                        
Dividends Paid - Convertible Series B Preferred Stock (45.7)                                        
Net income (loss) 3.2                                        
Distribution to noncontrolling interests, net (5.8)                                        
Adjustment of redeemable noncontrolling interests to redemption value 2.9                                        
Balance, end of period at Dec. 31, 2021 83.7                                        
Balance, end of period at Dec. 31, 2021 142.4                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Exercise of employee stock options and restricted stock unit (in shares)                 0.5                        
Shares withheld for employee taxes (0.7)     (0.7)             (0.7)                    
Share-based compensation expense 29.1     29.1             29.1                    
Equity Investment contribution for share-based compensation 1.0     1.0             1.0                    
Changes in dividends accrued 0.1     0.1             0.1                    
Dividends accrued- Convertible Series B Preferred Stock (3.3)     (3.3)             (3.3)                    
Net income (loss) 52.7     53.6                 53.6             (0.9)  
Other comprehensive loss 39.8     39.9                       39.9       (0.1)  
Distribution to noncontrolling interests, net (1.9)                                     (1.9)  
Adjustment of redeemable noncontrolling interests to redemption value 7.5     7.5             7.5                    
Balance, end of period (in shares) at Mar. 31, 2022             1.5   905.5                 66.3      
Balance, end of period at Mar. 31, 2022 3,792.9     $ 3,598.7     $ 0.0   $ 9.0   $ 10,770.9   $ (5,214.6)     $ (520.3)   $ (1,446.3)   $ 194.2  
Redeemable Noncontrolling Interests                                          
Dividends accrued- Convertible Series B Preferred Stock 3.3                                        
Dividends Paid - Convertible Series B Preferred Stock (3.3)                                        
Net income (loss) 2.3                                        
Distribution to noncontrolling interests, net (6.6)                                        
Adjustment of redeemable noncontrolling interests to redemption value (7.5)                                        
Balance, end of period at Mar. 31, 2022 71.9                                        
Balance, end of period at Mar. 31, 2022 $ 142.4