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CONSOLIDATED STATEMENTS OF CASH FLOWS
€ in Millions, CAD in Millions, $ in Millions
12 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Cash flows from operating activities      
Net loss $ (76.2) $ (155.3) $ (179.3)
Earnings from discontinued operations, net of income taxes     2.3
Loss from continuing operations (76.2) (155.3) (181.6)
Adjustments to reconcile net loss to net cash provided by operating activities      
Depreciation and amortization 516.3 406.2 338.2
Loss on extinguishment of debt 33.8 94.3 1.9
Non-cash interest expense 11.9 19.7 22.1
Stock-based compensation 155.9 200.7 253.7
Amortization of deferred revenue (111.5) (72.1) (55.6)
Additions to deferred revenue 184.0 149.1 163.8
Foreign currency loss/(gain) on intercompany loans 53.8 24.4 (4.7)
Excess tax benefit from stock-based compensation (7.9)    
Deferred income taxes (2.8) (13.3) 24.2
Provision for bad debts 3.9 1.9 1.9
Non-cash loss on investments 1.2 0.9  
Changes in operating assets and liabilities, net of acquisitions      
Trade receivables 1.9 (11.2) 20.5
Prepaid expenses 18.7 (2.9) (1.4)
Accounts payable and accrued liabilities (36.0) (22.1) (6.6)
Other assets and liabilities (33.0) (14.9) (9.9)
Net cash provided by operating activities 714.0 605.4 566.5
Cash flows from investing activities      
Purchases of property and equipment (704.1) (530.4) (360.8)
Cash paid for acquisitions, net of cash acquired (437.5) (855.7) (393.3)
Net cash used in investing activities (1,141.6) (1,386.1) (754.1)
Cash flows from financing activities      
Proceeds from debt 929.3 1,787.3 423.6
Proceeds from revolving credit facility     195.0
Proceeds from equity offerings and contributions   413.7  
Direct costs associated with initial public offering   (26.5)  
Distribution to parent     (0.1)
Principal payments on long-term debt (535.0) (1,288.5) (18.0)
Payment of early redemption fees on debt extinguished (20.3) (62.6)  
Principal payments on capital lease obligations (4.9) (3.5) (7.9)
Payments on revolving credit facility     (195.0)
Payment of debt issuance costs (4.2) (24.2) (4.9)
Common stock repurchases (81.1)    
Excess tax benefit from stock-based compensation 7.9    
Net cash provided by financing activities 291.7 795.7 392.7
Net cash flows from continuing operations (135.9) 15.0 205.1
Discontinued operations:      
Operating activities     15.7
Investing activities     (5.1)
Financing activities     (7.4)
Net cash flows from discontinued operations     3.2
Continuing operations:      
Cash and cash equivalents, beginning of year 308.6    
Effect of changes in foreign exchange rates on cash (2.0) (3.8) 1.0
Cash and cash equivalents, end of period 170.7 308.6  
Net (decrease)/increase in cash and cash equivalents (137.9) 11.2 206.1
Supplemental disclosure of non-cash investing and financing activities:      
Cash paid for interest, net of capitalized interest - continuing operations 228.5 191.2 175.3
Cash paid for interest, net of capitalized interest - discontinued operations     0.4
Cash paid for income taxes 14.0 14.5 5.7
Non-cash purchases of equipment through capital leasing 7.6 6.8 10.5
Increase in accounts payable and accrued expenses for purchases of property and equipment - continuing operations 25.7 8.4 10.9
Continuing Operations      
Cash flows from financing activities      
Net cash flows from continuing operations (135.9) 15.0 205.1
Continuing operations:      
Cash and cash equivalents, beginning of year 308.6 297.4 91.3
Effect of changes in foreign exchange rates on cash (2.0) (3.8) 1.0
Cash and cash equivalents, end of period $ 170.7 $ 308.6 297.4
Discontinued Operations      
Discontinued operations:      
Net cash flows from discontinued operations     3.2
Discontinued operations, cash and cash equivalents, beginning of year     15.9
Cash included in Onvoy, LLC spin-off     $ (19.1)