ACQUISITIONS (Tables)

9 Months Ended

Mar. 31, 2017

ACQUISITIONS

Schedule of Acquisitions

The table below reflects the Company's estimates of the acquisition date fair values of the assets and liabilities assumed from its Fiscal 2017 acquisitions:

	Electric Lightwave		Santa Clara Data Center
Acquisition date	March 1, 2017		October 3, 2016
	(in millions)
Cash	$	12.5	$	—
Other current assets		56.0		—
Property and equipment		489.5		35.1
Deferred tax assets, net		49.7		—
Intangibles		312.2		2.8
Goodwill		625.2		—
Other assets		1.7		—
Total assets acquired		1,546.8		37.9
Current liabilities		56.7		—
Capital lease obligations		—		26.6
Deferred revenue		49.7		—
Other liabilities		1.2		—
Total liabilities assumed		107.6		26.6
Net assets acquired		1,439.2		11.3
Less cash acquired		(12.5)		—
Total consideration paid/payable	$	1,426.7	$	11.3

The table below reflects the Company's estimates of the acquisition date fair values of the assets and liabilities assumed from its Fiscal 2016 acquisitions:

	Clearview		Allstream		Viatel		Dallas Data Center
Acquisition date	April 1, 2016		January 15, 2016		December 31, 2015		December 31, 2015
		(in millions)
Cash	$	—	$	2.9	$	3.5	$	—
Other current assets		0.6		95.6		7.3		—
Property and equipment		17.1		266.3		174.0		12.2
Deferred tax assets, net		0.2		3.8		—		—
Intangibles		9.8		64.5		—		4.4
Goodwill		2.1		—		9.5		—
Other assets		0.3		4.5		2.0		—
Total assets acquired		30.1		437.6		196.3		16.6
Current liabilities		1.1		63.2		18.8		—
Deferred revenue		0.4		46.9		58.5		—
Deferred tax liability, net		—		—		8.6		—
Other liabilities		10.3		27.0		5.7		—
Total liabilities assumed		11.8		137.1		91.6		—
Net assets acquired		18.3		300.5		104.7		16.6
Less cash acquired		—		(2.9)		(3.5)		—
Net consideration paid	$	18.3	$	297.6	$	101.2	$	16.6

Schedule Of Pro-Forma Financial Information

	Three Months Ended March 31,				Nine Months Ended March 31,
	2017		2016		2017		2016
	(in millions)
Revenue	$	635.6	$	640.2	$	1,912.0	$	1,910.2
Net income/(loss)	$	16.3	$	(26.0)	$	16.5	$	(84.8)