XML 52 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisitions (Tables)
12 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Allocation of Purchase Price
The following summarizes the allocation of purchase price for the NACC acquisition (in millions):
 
NACC
 
 
Accounts receivable, net
$
89.1

Other current assets
19.5

Property, plant and equipment
45.0

Intangible assets
218.3

Goodwill
135.7

Other non-current assets
1.6

Accounts payable
(14.3
)
Accrued expenses and other current liabilities
(62.9
)
Deferred taxes
(21.9
)
Deferred revenue
(1.1
)
Other long term liabilities
(2.9
)
Consideration paid, net of cash acquired
$
406.2

Pro Forma Information
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.
 
Years ended June 30,
 
2017
 
2016
 
 
Revenues
$
4,142.6

 
$
4,059.3

Net earnings
$
335.6

 
$
312.4

 
 
 
 
Basic earnings per share
$
2.84

 
$
2.64

Diluted earnings per share
$
2.78

 
$
2.57