XML 51 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows(USD ($))
In Millions, unless otherwise specified
9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
IdeaTek System [Member]
Mar. 31, 2015
Colo Facilities Atlanta [Member]
Mar. 31, 2014
Access Communications, Inc [Member]
Cash flows from operating activities          
Net loss $ (160.4)us-gaap_NetIncomeLoss $ (105.8)us-gaap_NetIncomeLoss      
Earnings from discontinued operations, net of income taxes   3.6us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax      
Loss from continuing operations (160.4)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (109.4)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest      
Adjustments to reconcile net loss to net cash provided by operating activities of continuing operations          
Depreciation and amortization 293.0us-gaap_DepreciationAndAmortization 246.9us-gaap_DepreciationAndAmortization      
Loss on extinguishment of debt 85.8us-gaap_GainsLossesOnExtinguishmentOfDebt 1.9us-gaap_GainsLossesOnExtinguishmentOfDebt      
Non-cash interest expense 16.3us-gaap_PaidInKindInterest 14.9us-gaap_PaidInKindInterest      
Non-cash loss on investments 0.5us-gaap_ImpairmentOfInvestments        
Stock-based compensation 157.8us-gaap_ShareBasedCompensation 165.1us-gaap_ShareBasedCompensation      
Amortization of deferred revenue (52.9)us-gaap_RecognitionOfDeferredRevenue (40.4)us-gaap_RecognitionOfDeferredRevenue      
Additions to deferred revenue 123.6us-gaap_IncreaseDecreaseInDeferredRevenue 112.6us-gaap_IncreaseDecreaseInDeferredRevenue      
Provision for bad debts 1.3us-gaap_ProvisionForDoubtfulAccounts 1.6us-gaap_ProvisionForDoubtfulAccounts      
Foreign currency loss/(gain) on intercompany loans 41.2us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (0.9)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax      
Deferred income taxes (20.1)us-gaap_DeferredIncomeTaxesAndTaxCredits 25.1us-gaap_DeferredIncomeTaxesAndTaxCredits      
Changes in operating assets and liabilities, net of acquisitions          
Trade receivables (18.5)us-gaap_IncreaseDecreaseInReceivables 24.1us-gaap_IncreaseDecreaseInReceivables      
Prepaid expenses (3.5)us-gaap_IncreaseDecreaseInPrepaidExpense (0.8)us-gaap_IncreaseDecreaseInPrepaidExpense      
Accounts payable and accrued liabilities (46.4)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (33.1)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities      
Other assets and liabilities (7.3)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (9.2)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet      
Net cash provided by operating activities of continuing operations 410.4us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 398.4us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations      
Cash flows from investing activities          
Purchases of property and equipment (374.9)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (265.9)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment      
Acquisition, net of cash acquired     (53.6)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= zayo_IdeaTekSystemsMember
(52.5)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= zayo_ColoFacilitiesAtlantaMember
(40.1)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_BusinessAcquisitionAxis
= zayo_AccessCommunicationsIncorporationMember
Other (0.1)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (0.3)us-gaap_PaymentsForProceedsFromOtherInvestingActivities      
Net cash used in investing activities of continuing operations (1,232.2)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (366.9)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations      
Cash flows from financing activities          
Proceeds from debt 1,437.3us-gaap_ProceedsFromIssuanceOfPrivatePlacement 150.0us-gaap_ProceedsFromIssuanceOfPrivatePlacement      
Proceeds from revolving credit facility   45.0us-gaap_ProceedsFromLinesOfCredit      
Proceeds from equity offerings 413.7us-gaap_ProceedsFromIssuanceOrSaleOfEquity        
Direct costs associated with equity offerings (26.5)us-gaap_PaymentsOfStockIssuanceCosts        
Distribution to parent   (0.4)zayo_CashSettlementsWithParentNet      
Principal payments on long-term debt (939.8)us-gaap_RepaymentsOfLongTermDebt (12.9)us-gaap_RepaymentsOfLongTermDebt      
Payment of early redemption fees on debt extinguished (62.6)us-gaap_PaymentsOfDebtExtinguishmentCosts        
Principal repayments on capital lease obligations (2.4)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (6.9)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations      
Payments on revolving credit facility   (45.0)us-gaap_RepaymentsOfLinesOfCredit      
Payment of debt issuance costs (18.8)us-gaap_PaymentsOfFinancingCosts (1.7)us-gaap_PaymentsOfFinancingCosts      
Net cash provided by financing activities of continuing operations 800.9us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 128.1us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations      
Cash flows from continuing operations (20.9)us-gaap_NetCashProvidedByUsedInContinuingOperations 159.6us-gaap_NetCashProvidedByUsedInContinuingOperations      
Cash flows from discontinued operations          
Operating activities   11.8us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations      
Investing activities   (4.3)us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations      
Financing activities   (4.0)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations      
Cash flows from discontinued operations   3.5us-gaap_NetCashProvidedByUsedInDiscontinuedOperations      
Effect of changes in foreign exchange rates on cash (2.8)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 0.5us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents      
Net (decrease)/increase in cash and cash equivalents (23.7)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 163.6us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease      
Continuing operations:          
Cash and cash equivalents, beginning of year 297.4us-gaap_CashAndCashEquivalentsAtCarryingValue        
Cash flows from continuing operations (20.9)us-gaap_NetCashProvidedByUsedInContinuingOperations 159.6us-gaap_NetCashProvidedByUsedInContinuingOperations      
Cash flows from discontinued operations   3.5us-gaap_NetCashProvidedByUsedInDiscontinuedOperations      
Effect of changes in foreign exchange rates on cash (2.8)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 0.5us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations      
Cash and cash equivalents, end of period 273.7us-gaap_CashAndCashEquivalentsAtCarryingValue 254.9us-gaap_CashAndCashEquivalentsAtCarryingValue      
Supplemental disclosure of non-cash investing and financing activities:          
Cash paid for interest, net of capitalized interest - continuing operations 176.9us-gaap_InterestPaid 160.2us-gaap_InterestPaid      
Cash paid for interest, net of capitalized interest - discontinued operations   0.3us-gaap_InterestPaidDiscontinuedOperations      
Cash paid for income taxes 12.7us-gaap_IncomeTaxesPaidNet 2.7us-gaap_IncomeTaxesPaidNet      
Non-cash purchases of long-lived assets through capital leasing 6.2us-gaap_CapitalLeaseObligationsIncurred 5.6us-gaap_CapitalLeaseObligationsIncurred      
Increase/(decrease) in accruals for purchases of property and equipment - continuing operations $ 8.6us-gaap_CapitalExpendituresIncurredButNotYetPaid $ (12.1)us-gaap_CapitalExpendituresIncurredButNotYetPaid