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Other Expenses, Net
6 Months Ended
Dec. 31, 2011
Other Expenses, Net [Abstract]  
Other Expenses, Net

NOTE 4. OTHER EXPENSES, NET

Other expenses, net consisted of the following:

 

000000 000000 000000 000000
     Three Months Ended
December 31,
    Six Months Ended
December 31,
 
     2011     2010     2011     2010  
           ($ in millions)        

Interest expense on borrowings

   $ 3.9      $ 2.3      $ 6.3      $ 4.6   

Interest income

     (0.5     (0.5     (1.0     (0.9

Foreign currency exchange (gain) loss

     (0.5     0.2        0.0        0.5   

Other, net

     10.2        0.3        10.5        0.5   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other expenses, net

   $ 13.1      $ 2.3      $ 15.8      $ 4.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other, net for the three and six months ended December 31, 2011, includes an impairment of marketable securities relating to the Company's investment in the common stock of Penson Worldwide, Inc. ("PWI"). Based on an analysis of the other-than-temporary impairment factors, the Company has recorded a pre-tax impairment charge of $9.7 million (see Note 8, "Other Non-current Assets").