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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]      
Revenue $ 1,347.1 [1] $ 1,123.2 [2] $ 1,004.4
Operating costs and expenses      
Operating costs (excluding depreciation and amortization and including stock-based compensation—Note 12) 413.5 [1] 344.2 [2] 313.7
Selling, general and administrative expenses (including stock-based compensation—Note 12) 358.4 [1],[3] 384.7 [2] 256.6
Depreciation and amortization 406.2 [1] 338.2 [2] 324.5
Total operating costs and expenses 1,178.1 [1] 1,067.1 [2] 894.8
Operating income 169.0 [1] 56.1 [2] 109.6
Other expenses      
Interest expense (214.0) [1] (203.5) [2],[4] (202.5)
Loss on extinguishment of debt (94.3) [1],[5] (1.9) [2],[6] (77.3)
Foreign currency (loss)/gain on intercompany loans (24.4) [1] 4.7 [2] 0.1
Other (expense)/income, net (0.4) [1] 0.3 [2] 0.3
Total other expenses, net (333.1) [1] (200.4) [2] (279.4)
Loss from operations before income taxes (164.1) [1] (144.3) [2] (169.8)
(Benefit)/provision for income taxes (8.8) [1] 37.3 [2] (24.2)
Loss from continuing operations (155.3) (181.6) [2] (145.6)
Earnings from discontinued operations, net of income taxes   2.3 [2],[7] 8.4
Net loss $ (155.3) [1] $ (179.3) [2] $ (137.2)
Weighted-average shares used to compute net loss per share:      
Basic and diluted 235,422,549 223,000,000 223,000,000
Loss from continuing operations per share:      
Basic and diluted $ (0.66) $ (0.81) $ (0.65)
Earnings from discontinued operations per share:      
Basic and diluted   0.01 0.04
Net loss per share:      
Basic and diluted $ (0.66) $ (0.80) $ (0.61)
[1] The Company realized an increase in revenue and operating expenses beginning July 1, 2014 as a result of the acquisition of AtlantaNap and Neo.
[2] The Company realized an increase in revenue and operating expenses beginning August 1, 2013 as a result of the acquisition of Corelink.
[3] The Company realized an increase in compensation expense in the first quarter as a result of an increase in the estimated fair value of CII common units as a result of the pending IPO. The common unit fair values were further adjusted in second quarter upon completion of the IPO. See Note 12— Stock-based Compensation.
[4] The Company realized an increase in interest expense during the second and fourth quarters of 2014 due to financing transactions completed to increase its borrowings under its term loan facility. See Note 8— Long-Term Debt.
[5] The Company completed debt refinancing transactions during the second, third and fourth quarters of Fiscal 2015, resulting in a loss on debt extinguishment for those respective periods. See Note 8— Long-Term Debt.
[6] The Company completed a debt refinancing transaction during the second quarter of Fiscal 2014, resulting in a loss on debt extinguishment for that period. See Note 8— Long-Term Debt.
[7] The Company spun-off its OVS operating unit on June 13, 2014.