EARNINGS PER SHARE (Tables)

12 Months Ended

Jun. 30, 2013

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows:

	Year ended June 30,
	2013		2012		2011
Net income (numerator)	$	34.6	$	64.1	$	81.0
Basic weighted-average common shares outstanding		54.6		55.5		57.7
Dilutive effect of stock options		0.2		0.2		0.9
Dilutive effect of restricted common stock and warrants		0.1		0.1		0.4
Diluted weighted-average common stock and common stock equivalents (denominator)		54.9		55.8		59.0
Basic earnings per share of common stock	$	0.63	$	1.15	$	1.40
Diluted earnings per share of common stock and common stock equivalents	$	0.63	$	1.15	$	1.37
Common stock equivalents excluded from the calculation of diluted earnings per share because their impact would render them anti-dilutive		5.7		5.6		2.2