Acquisitions (Tables)

6 Months Ended

Dec. 31, 2016

Acquisitions [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 2017 acquisitions:

	Santa Clara Data Center
Acquisition date	October 3, 2016
		(in millions)
Property and equipment	$	35.1
Intangibles		2.8
Total assets acquired		37.9
Capital lease obligations		26.6
Total liabilities assumed		26.6
Total purchase consideration	$	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		15.4		266.3		174.0		12.2
Deferred tax assets, net		0.2		3.8		—		—
Intangibles		9.8		64.5		—		4.4
Goodwill		3.8		—		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 December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
	(in millions)
Revenue	$	506.7	$	496.0	$	1,013.0	$	990.2
Net income/(loss)	$	19.8	$	(9.9)	$	35.9	$	(24.2)