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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
€ in Millions, $ in Millions
6 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Cash flows from operating activities    
Net loss $ (26.0) $ (106.7)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 230.8 192.9
Loss on extinguishment of debt   30.9
Non-cash interest expense 6.6 9.4
Stock-based compensation 89.0 117.1
Amortization of deferred revenue (41.9) (34.6)
Additions to deferred revenue 86.6 84.1
Foreign currency loss on intercompany loans 17.8 27.9
Excess tax benefit from stock-based compensation (7.9)  
Deferred income taxes 8.3 (0.7)
Provision for bad debts 2.5 0.9
Non-cash loss on investments 0.6 0.5
Changes in operating assets and liabilities, net of acquisitions    
Trade receivables 15.3 (5.0)
Prepaid expenses 6.0 0.2
Payables to/(from) related parties, net 0.1  
Accounts payable and accrued liabilities (26.0) (67.5)
Other assets and liabilities (20.4) (7.5)
Net cash provided by operating activities 341.4 241.9
Cash flows from investing activities    
Purchases of property and equipment (331.6) (244.8)
Other (0.3) (0.1)
Net cash used in investing activities (449.6) (371.3)
Cash flows from financing activities    
Proceeds from equity offerings and contributions   304.2
Direct costs associated with initial public offering   (22.2)
Principal payments on long-term debt (8.3) (259.7)
Payment of early redemption fees on debt extinguished   (23.8)
Principal payments on capital lease obligations (2.2) (1.3)
Common stock repurchases (17.9)  
Excess tax benefit from stock-based compensation 7.9  
Other (0.4)  
Net cash provided by/(used in) financing activities (20.9) (2.8)
Net cash flows (129.1) (132.2)
Effect of changes in foreign exchange rates on cash (3.3) (1.6)
Net increase/(decrease) in cash and cash equivalents (132.4) (133.8)
Cash and cash equivalents, beginning of year 308.6 297.4
Cash and cash equivalents, end of period 176.2 163.6
Supplemental disclosure of non-cash investing and financing activities:    
Cash paid for interest, net of capitalized interest 112.5 144.7
Cash paid for income taxes 6.7 10.8
Non-cash purchases of equipment through capital leasing 5.8 5.8
Increase in accounts payable and accrued expenses for purchases of property and equipment 25.5 5.9
Viatel [ Member ]    
Cash flows from investing activities    
Acquisition, net of cash acquired   (73.9)
Dallas Data Center [Member]    
Cash flows from investing activities    
Acquisition, net of cash acquired (16.7) $ (52.5)
Neo Telecoms [Member]    
Cash flows from investing activities    
Acquisition, net of cash acquired (101.0)  
Colo Facilities Atlanta [Member]    
Cash flows from investing activities    
Acquisition, net of cash acquired $ (16.7)