Acquisition of Tonic Fitness Technology (Tables)

9 Months Ended

Mar. 31, 2020

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The acquisition was accounted for under the acquisition method. The following table summarizes the refined estimate of the fair values of assets acquired and liabilities assumed at the closing date:

	As of October 16, 2019
	(in millions)
Inventory	$	11.8
Other current assets	29.1
Property and equipment	20.4
Goodwill	32.3
Other assets	2.2
Total assets	$	95.7
Current liabilities	(49.9)
Other liabilities	(0.8)
Total liabilities	$	(50.7)
Net assets acquired	$	45.0