XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]      
Net sales $ 1,836.3 $ 1,475.6 $ 2,181.1
Cost of sales 1,686.5 1,470.4 1,822.4
Cost of sales - inventory write-downs from restructuring 0.0 4.2 29.3
Gross profit 149.8 1.0 329.4
Selling, general and administrative expenses 174.7 180.2 201.0
Restructuring and asset impairment charges 0.0 16.6 68.5
Goodwill impairment 0.0 52.8 34.6
Operating (loss) income (24.9) (248.6) 25.3
Interest expense, net 44.9 32.7 19.8
Debt extinguishment losses, net 6.0 8.2 0.0
Other (income) expense, net (12.7) 8.4 (0.6)
(Loss) income before income taxes (63.1) (297.9) 6.1
Income tax (benefit) expense (14.0) (68.3) 4.6
Net (loss) income $ (49.1) $ (229.6) $ 1.5
(LOSS) EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ (1.01) $ (4.76) $ 0.02
Diluted (in dollars per share) $ (1.01) $ (4.76) $ 0.02
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 48.5 48.3 48.1
Diluted (in shares) 48.5 48.3 48.2