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Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 437,600,000 $ 22,300,000
Accounts receivable (net of allowances of $14.4 in 2018 and $8.0 in 2017) 542,000,000 289,100,000
Inventories 44,200,000 21,900,000
Current portion of subscription acquisition costs 118,100,000 145,000,000
Current portion of broadcast rights 9,800,000 7,800,000
Assets held-for-sale 713,100,000 0
Other current assets 114,300,000 19,300,000
Total current assets 1,979,100,000 505,400,000
Property, plant, and equipment    
Land 24,600,000 24,700,000
Buildings and improvements 153,500,000 153,700,000
Machinery and equipment 359,800,000 316,600,000
Leasehold improvements 177,400,000 14,300,000
Capitalized software 125,900,000 38,500,000
Construction in progress 20,200,000 1,700,000
Total property, plant, and equipment 861,400,000 549,500,000
Less accumulated depreciation (377,600,000) (359,700,000)
Net property, plant, and equipment 483,800,000 189,800,000
Subscription acquisition costs 61,100,000 79,700,000
Broadcast rights 18,900,000 21,800,000
Other assets 263,300,000 69,600,000
Intangible assets, net 2,005,200,000 955,900,000
Goodwill 1,915,800,000 907,500,000
Total assets 6,727,200,000 2,729,700,000
Current liabilities    
Current portion of long-term debt 17,700,000 62,500,000
Current portion of long-term broadcast rights payable 8,900,000 9,200,000
Accounts payable 194,700,000 66,600,000
Accrued expenses    
Compensation and benefits 122,300,000 69,000,000
Distribution expenses 10,000,000 5,300,000
Other taxes and expenses 277,900,000 28,100,000
Total accrued expenses 410,200,000 102,400,000
Current portion of unearned revenues 360,400,000 219,000,000
Liabilities associated with assets held-for-sale 198,400,000 0
Total current liabilities 1,190,300,000 459,700,000
Long-term debt 3,117,900,000 635,700,000
Long-term broadcast rights payable 20,800,000 22,500,000
Unearned revenues 124,100,000 106,500,000
Deferred income taxes 437,000,000 384,700,000
Other noncurrent liabilities 217,000,000 124,600,000
Total liabilities 5,107,100,000 1,733,700,000
Redeemable, convertible Series A preferred stock, par value $1 per share, $1,000 per share liquidation preference, authorized 2.5 shares, issued 0.7 shares 522,600,000 0
Shareholders’ equity    
Additional paid-in capital 199,500,000 54,800,000
Retained earnings 889,800,000 915,700,000
Accumulated other comprehensive loss 36,700,000 19,000,000
Total shareholders’ equity 1,097,500,000 996,000,000
Total liabilities, redeemable convertible preferred stock, and shareholders’ equity 6,727,200,000 2,729,700,000
Series preferred stock    
Shareholders’ equity    
Series preferred stock, par value $1 per share, Authorized 2,500 shares; none issued 0 0
Common stock par value $1 per share    
Shareholders’ equity    
Common stock, par value $1 per share 39,800,000 39,400,000
Class B stock $1 par value    
Shareholders’ equity    
Common stock, par value $1 per share $ 5,100,000 $ 5,100,000