Income Taxes (Tables)

12 Months Ended

Jun. 30, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table shows income tax expense attributable to earnings from continuing operations before income taxes:

Years ended June 30,	2018			2017		2016
(In millions)
Currently payable
Federal	$	1.8		$	62.2	$	59.2
State	1.2			0.4		7.3
Foreign	0.2			—		—
	3.2			62.6		66.5
Deferred
Federal	(129.9		)	33.0		8.3
State	3.2			5.8		1.5
Foreign	(0.1		)	—		—
	(126.8		)	38.8		9.8
Income taxes	$	(123.6	)	$	101.4	$	76.3

Schedule of Effective Income Tax Rate Reconciliation

The differences between the statutory U.S. federal income tax rate and the effective tax rate were as follows:

Years ended June 30,	2018		2017		2016
U.S. statutory tax rate	28.1	%	35.0	%	35.0	%
State income taxes, less federal income tax benefits	27.8		3.0		3.6
Foreign operations	(74.2	)	—		—
Rate change	1,312.5		—		—
Settlements - audits / tax litigation	10.4		(2.3	)	(0.4	)
Impairment of goodwill	—		—		29.3
Sale of domestic subsidiary	67.3		—		—
Other	(89.5	)	(0.8	)	1.7
Effective income tax rate	1,282.4	%	34.9	%	69.2	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that gave rise to deferred tax assets and deferred tax liabilities were as follows:

June 30,	2018			2017
(In millions)
Deferred tax assets
Accounts receivable allowances and return reserves	$	6.8		$	11.0
Compensation and benefits	44.0			47.2
Indirect benefit of uncertain state and foreign tax positions	6.4			5.1
Investment in foreign subsidiary	62.1			—
Tax loss carryforwards	128.5			—
All other assets	8.0			7.7
Total deferred tax assets	255.8			71.0
Valuation allowance	(21.1		)	—
Net deferred tax assets	234.7			71.0
Deferred tax liabilities
Subscription acquisition costs	43.4			86.4
Accumulated depreciation and amortization	600.9			329.8
Deferred gains from dispositions	15.7			29.8
All other liabilities	7.2			9.7
Total deferred tax liabilities	667.2			455.7
Net deferred tax liability	$	432.5		$	384.7

Summary of Income Tax Contingencies

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

Years ended June 30,	2018			2017
(In millions)
Balance at beginning of year	$	29.5		$	37.9
Increase in positions acquired in business combination	31.9			—
Increases in tax positions for prior years	0.4			0.8
Decreases in tax positions for prior years	—			(3.1		)
Increases in tax positions for current year	5.6			2.9
Settlements	(4.2		)	(0.2		)
Lapse in statute of limitations	(3.0		)	(8.8		)
Balance at end of year	$	60.2		$	29.5