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Segment Reporting (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2014
Jun. 30, 2014
Segment Reporting [Abstract]    
Summary of Significant Financial Information

The Company’s computation of Segment Adjusted EBITDA may not be comparable to other similarly titled measures computed by other companies because all companies do not calculate segment Adjusted EBITDA in the same fashion.

 

     As of and for the three months ended December 31, 2014  
     Physical
Infrastructure
     Lit Services      Other      Corp/
elimination
     Total  

Revenue from external customers

   $ 152.7       $ 157.4       $ 13.8       $       $ 323.9   

Segment Adjusted EBITDA

   $ 102.1       $ 84.2       $ 3.4       $       $ 189.7   

Total assets

   $ 2,878.5       $ 1,781.8       $ 123.1       $ 280.5       $ 5,063.9   

Capital expenditures

   $ 76.6       $ 52.5       $ 0.4       $       $ 129.5   

 

     As of and for the six months ended December 31, 2014  
     Physical
Infrastructure
     Lit Services      Other      Corp/
elimination
     Total  

Revenue from external customers

   $ 302.4       $ 313.5       $ 28.6       $         —       $ 644.5   

Segment Adjusted EBITDA

   $ 199.4       $ 166.4       $ 6.9       $       $ 372.7   

Capital expenditures

   $ 144.6       $ 98.5       $ 1.7       $       $ 244.8   

 

     As of and for the three months ended December 31, 2013  
     Physical
Infrastructure
     Lit Services      Other      Corp/
elimination
    Total  

Revenue from external customers

   $ 120.9       $ 151.3       $ 6.5       $ (1.7   $ 277.0   

Segment Adjusted EBITDA

   $ 80.2       $ 81.1       $ 1.8       $ (1.4   $ 161.7   

Capital expenditures

   $ 46.7       $ 41.6       $       $      $ 88.3   

 

     As of and for the six months ended December 31, 2013  
     Physical
Infrastructure
     Lit Services      Other      Corp/
elimination
    Total  

Revenue from external customers

   $ 234.5       $ 300.7       $ 13.3       $ (3.4   $ 545.1   

Segment Adjusted EBITDA

   $ 154.5       $ 161.9       $ 3.6       $ (2.7   $ 317.3   

Capital expenditures

   $ 91.9       $ 83.1       $       $      $ 175.0   

 

     As of June 30, 2014  
     Physical
Infrastructure
     Lit Services      Other      Corp/
elimination
     Total  

Total assets

   $ 2,851.8       $ 1,739.1       $ 43.1       $ 416.4       $ 5,050.4   

The Company’s computation of Segment Adjusted EBITDA may not be comparable to other similarly titled measures computed by other companies because all companies do not calculate segment Adjusted EBITDA in the same fashion.

 

     For the year ended June 30, 2012  
     Physical
Infrastructure
     Lit Services      Other      Corp/
eliminations
    Total  

Revenue from external customers

   $ 157,419       $ 224,624       $         —       $ (6,517   $ 375,526   

Segment Adjusted EBITDA

     101,060         92,120                 (5,394     187,786   

Total assets(1)

     611,777         483,755                 346,523        1,442,055   

Capital expenditures, net of stimulus grant reimbursements

     38,809         85,328                        124,137   

 

(1) Assets of discontinued operations of $67,265 are included in the Corp/elimination column for the year ended June 30, 2012.

 

     For the year ended June 30, 2013  
     Physical
Infrastructure
     Lit Services      Other      Corp/
eliminations
    Total  

Revenue from external customers

   $ 413,013       $ 570,462       $ 27,775       $ (6,896   $ 1,004,354   

Segment Adjusted EBITDA

     275,684         277,854         6,193         (5,302     554,429   

Total assets(1)

     2,311,552         1,685,510         32,363         221,815        4,251,240   

Capital expenditures, net of stimulus grant reimbursements

     180,261         142,940         31                323,232   

 

(1) Assets of discontinued operations of $72,143 are included in the Corp/elimination column for the year ended June 30, 2013

 

     For the year ended June 30, 2014  
     Physical
Infrastructure
     Lit Services      Other      Corp/
eliminations
    Total  

Revenue from external customers

   $ 495,411       $ 606,213       $ 28,143       $ (6,580   $ 1,123,187   

Segment Adjusted EBITDA

     324,913         325,895         7,999         (5,197     653,610   

Total assets

     2,851,765         1,739,139         43,089         415,073        5,049,066   

Capital expenditures

     209,147         151,610                        360,757   
Reconciliation from net earnings/(loss) to Adjusted EBITDA by segment and on a consolidated basis

Reconciliation from Segment Adjusted EBITDA to net earnings/(loss) from continuing operations

 

     Three months ended December 31,  
             2014                     2013          

Segment Adjusted EBITDA

   $ 189.7      $ 161.7   

Interest expense

     (53.4     (50.3

Benefit/(provision) for income taxes

     4.4        (8.4

Depreciation and amortization expense

     (96.9     (81.7

Transaction costs

     (1.3     (0.2

Stock-based compensation

     6.0        (57.0

Loss on extinguishment of debt

     (30.9     (1.9

Foreign currency loss on intercompany loans

     (13.3     0.2   

Non-cash loss on investments

     (0.5       
  

 

 

   

 

 

 

Net earnings/(loss) from continuing operations

$ 3.8    $ (37.6
  

 

 

   

 

 

 

 

     Six months ended December 31,  
             2014                     2013          

Segment Adjusted EBITDA

   $ 372.7      $ 317.3   

Interest expense

     (100.3     (101.8

Provision for income taxes

     (5.0     (17.7

Depreciation and amortization expense

     (192.9     (162.7

Transaction costs

     (4.8     (0.8

Stock-based compensation

     (117.1     (99.9

Loss on extinguishment of debt

     (30.9     (1.9

Foreign currency loss on intercompany loans

     (27.9     0.8   

Non-cash loss on investments

     (0.5       
  

 

 

   

 

 

 

Net loss from continuing operations

$ (106.7 $ (66.7
  

 

 

   

 

 

 

Reconciliation from Total Segment Adjusted EBITDA to net earnings/(loss) from continuing operations before income taxes

 

     For the year ended June 30,  
     2012     2013     2014  

Total Segment Adjusted EBITDA

   $ 187,786      $ 554,429      $ 653,610   

Interest expense

     (50,720     (202,464     (203,529

Depreciation and amortization expense

     (84,961     (324,532     (338,268

Transaction costs

     (6,630     (14,204     (5,295

Impairment of cost method investment

     (2,248              

Stock-based compensation

     (26,253     (105,849     (253,681

Loss on extinguishment of debt

            (77,253     (1,911

Unrealized foreign currency gain

            55        4,725   
  

 

 

   

 

 

   

 

 

 

Net earnings/(loss) from continuing operations before provision for income taxes

$ 16,974    $ (169,818 $ (144,349
  

 

 

   

 

 

   

 

 

 
Schedule of Geographical Information  

The following is a summary of geographical information (dollars in thousands):

 

     For the year ended June 30,  
     2012      2013      2014  

Revenue from external customers:

        

United States

   $ 375,526       $ 946,502       $ 1,052,778   

United Kingdom

             57,488         70,271   

Japan

             364         138   
  

 

 

    

 

 

    

 

 

 
$ 375,526    $ 1,004,354    $ 1,123,187   
  

 

 

    

 

 

    

 

 

 

Long-lived assets:

United States

$ 961,921    $ 3,094,392    $ 3,212,758   

United Kingdom

       120,221      429,879   

Japan

       2      346   
  

 

 

    

 

 

    

 

 

 
$ 961,921    $ 3,214,615    $ 3,642,983