Acquisitions (Tables)

6 Months Ended

Dec. 31, 2016

The following summarizes the preliminary allocation of purchase price for the NACC acquisition (in millions):



	NACC

Accounts receivable, net	$	89.2
Other current assets	19.5
Property, plant and equipment	45.1
Intangible assets	204.1
Goodwill	140.4
Other non-current assets	1.6
Accounts payable	(14.4		)
Accrued expenses and other current liabilities	(59.1		)
Deferred taxes	(19.2		)
Deferred revenue	(1.1		)
Consideration paid, net of cash acquired	$	406.2

Unaudited Pro Forma Condensed Consolidated Results of Operations

The unaudited pro forma condensed consolidated results of operations in the table below are provided for illustrative purposes only and summarize the combined results of operations of Broadridge and NACC. For purposes of this pro forma presentation, the acquisition of NACC is assumed to have occurred on July 1, 2015. The pro forma financial information for all periods presented also includes the estimated business combination accounting effects resulting from this acquisition, notably amortization expense from the acquired intangible assets (of which the purchase accounting allocation has not yet been finalized), interest expense from a recent bond offering, the proceeds of which were used to fund the acquisition, and certain integration related expenses.

This unaudited pro forma financial information should not be relied upon as being indicative of the historical results that would have been obtained if the acquisition had actually occurred on July 1, 2015, nor of the results of operations that may be obtained in the future.



	Three Months Ended December 31, 2016				Six Months Ended December 31, 2016
	2016		2015		2016		2015
	(in millions, except per share data)
Revenues	$	892.6	$	925.8	$	1,787.9	$	1,800.6
Net earnings	$	33.6	$	40.2	$	66.1	$	76.9

Basic earnings per share	$	0.28	$	0.34	$	0.56	$	0.65
Diluted earnings per share	$	0.28	$	0.33	$	0.54	$	0.63