Acquisitions (Tables)

9 Months Ended

Mar. 31, 2016

Business Combinations [Abstract]

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 2016 acquisitions:

	Allstream		Viatel		Dallas Data Center
Acquisition date	January 15, 2016		December 31, 2015		December 31, 2015
		(in millions)
Cash	$	2.9	$	3.5	$	—
Other current assets		103.0		8.0		—
Property and equipment		268.7		160.6		14.9
Deferred tax assets, net		11.7		—		—
Intangibles		45.0		—		1.8
Goodwill		—		12.7		—
Other assets		6.9		4.5		—
Total assets acquired		438.2		189.3		16.7
Current liabilities		61.4		16.5		—
Deferred revenue		46.4		61.5		—
Deferred tax liability, net		—		—		—
Other liabilities		29.9		5.1		—
Total liabilities assumed		137.7		83.1		—
Net assets acquired		300.5		106.2		16.7
Less cash acquired		(2.9)		(3.5)		—
Net consideration paid	$	297.6	$	102.7	$	16.7

The table below reflects the Company's estimates of the acquisition date fair values of the assets and liabilities assumed from its Fiscal 2015 acquisitions:

	AtlantaNAP			Neo		IdeaTek	Latisys
Acquisition date	July 1, 2014		July 1, 2014		January 1, 2015		February 23, 2015
		(in millions)
Cash	$	—	$	4.2	$	—	$	9.4
Other current assets		0.2		9.5		0.8		17.4
Property and equipment		7.0		31.3		32.3		222.9
Deferred tax assets, net		—		—		3.1		0.4
Intangibles		21.0		26.4		7.6		250.2
Goodwill		25.2		32.5		39.0		274.1
Other assets		—		2.3		—		5.0
Total assets acquired		53.4		106.2		82.8		779.4
Current liabilities		1.5		13.5		4.4		9.9
Deferred revenue		—		3.7		25.7		3.2
Deferred tax liability, net		—		7.6		—		79.1
Other liabilities		—		3.3		—		—
Total liabilities assumed		1.5		28.1		30.1		92.2
Net assets acquired		51.9		78.1		52.7		687.2
Less cash acquired		—		(4.2)		—		(9.4)
Net consideration paid	$	51.9	$	73.9	$	52.7	$	677.8

As of March 31, 2016 the acquisition accounting associated with the Company’s Fiscal 2015 acquisitions has been finalized.

Schedule Of Pro-Forma Financial Information

	Three months ended  March 31,					Nine months ended March 31,
	2016		2015		2016		2015
	(in millions)
Revenue	$	493.5	$	494.3	$	1,476.0	$	1,498.9
Net loss	$	(20.5)	$	(64.4)	$	(51.6)	$	(173.5)