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Financial Information about Industry Segments (Tables)
12 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents financial information by segment:

Years ended June 30,
2018
 
2017
 
2016
(In millions)
 
 
 
 
 
Revenues
 
 
 
 
 
National media
$
1,555.8

 
$
1,083.2

 
$
1,101.2

Local media
693.1

 
630.1

 
548.4

Total revenues, gross
2,248.9

 
1,713.3

 
1,649.6

Intersegment revenue elimination
(1.5
)
 

 

Total revenue
$
2,247.4

 
$
1,713.3

 
$
1,649.6

 
 
 
 
 
 
Segment profit (loss)
 
 
 
 
 
National media
$
97.5

 
$
146.5

 
$
(17.7
)
Local media
189.1

 
214.9

 
158.5

Unallocated corporate
(187.6
)
 
(52.3
)
 
(10.2
)
Income from operations
99.0

 
309.1

 
130.6

Non-operating expenses, net
(11.7
)
 

 

Interest expense, net
(96.9
)
 
(18.8
)
 
(20.4
)
Earnings (loss) from continuing operations before income taxes
$
(9.6
)
 
$
290.3

 
$
110.2

 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
National media
$
92.9

 
$
17.5

 
$
18.7

Local media
33.2

 
34.8

 
38.3

Unallocated corporate
2.9

 
1.5

 
2.1

Total depreciation and amortization
$
129.0

 
$
53.8

 
$
59.1

 
 
 
 
 
 
Assets
 
 
 
 
 
National media
$
5,158.3

 
$
1,487.1

 
$
1,478.2

Local media
1,204.6

 
1,124.9

 
1,054.4

Unallocated corporate
364.3

 
117.7

 
94.2

Total assets
$
6,727.2

 
$
2,729.7

 
$
2,626.8

 
 
 
 
 
 
Capital expenditures
 
 
 
 
 
National media
$
11.0

 
$
4.5

 
$
4.7

Local media
22.1

 
12.2

 
17.3

Unallocated corporate
21.2

 
18.1

 
3.0

Total capital expenditures
$
54.3

 
$
34.8

 
$
25.0