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Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Jun. 30, 2018
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information
Year ended June 30, 2018
First
Quarter
 
Second 
Quarter
 
Third  
Quarter
 
Fourth 
Quarter
 
Total   
(In millions except per share data)
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
National media
$
239.0

 
$
247.5

 
$
479.3

 
$
590.0

 
$
1,555.8

Local media
153.8

 
170.2

 
170.2

 
198.9

 
693.1

Intersegment elimination

 

 
(0.7
)
 
(0.8
)
 
(1.5
)
Total revenues
$
392.8

 
$
417.7

 
$
648.8

 
$
788.1

 
$
2,247.4

Operating profit
 
 
 
 
 
 
 
 
 
National media
$
28.3

 
$
12.2

 
$
9.0

 
$
48.0

 
$
97.5

Local media
40.9

 
50.5

 
38.9

 
58.8

 
189.1

Unallocated corporate
(12.4
)
 
(25.4
)
 
(116.0
)
 
(33.8
)
 
(187.6
)
Income (loss) from operations
$
56.8

 
$
37.3

 
$
(68.1
)
 
$
73.0

 
$
99.0

 
 
 
 
 
 
 
 
 
 
Earnings (loss) from continuing operations
$
33.4

 
$
159.3

 
$
(95.4
)
 
$
16.7

 
$
114.0

Discontinued operations

 

 
(14.7
)
 
0.1

 
(14.6
)
Net earnings (loss)
$
33.4

 
$
159.3

 
$
(110.1
)
 
$
16.8

 
$
99.4

 
 
 
 
 
 
 
 
 
 
Basic earnings per share attributable to common shareholders
 
 
 
 
 
 
 
 
 
Earnings (loss) from continuing operations
$
0.75

 
$
3.55

 
$
(2.41
)
 
$
(0.06
)
 
$
1.80

Net earnings (loss)
0.75

 
3.55

 
(2.74
)
 
(0.06
)
 
1.48

 
 
 
 
 
 
 
 
 
 
Diluted earnings per share attributable to common shareholders
 
 
 
 
 
 
 
 
 
Earnings (loss) from continuing operations
0.73

 
3.49

 
(2.41
)
 
(0.06
)
 
1.79

Net earnings (loss)
0.73

 
3.49

 
(2.74
)
 
(0.06
)
 
1.47

 
 
 
 
 
 
 
 
 
 
Dividends per share
0.520

 
0.520

 
0.545

 
0.545

 
2.130

Year ended June 30, 2017
First
Quarter
 
Second 
Quarter
 
Third  
Quarter
 
Fourth 
Quarter
 
Total   
(In millions except per share data)
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
National media
$
247.3

 
$
259.4

 
$
283.3

 
$
293.2

 
$
1,083.2

Local media
152.6

 
183.2

 
142.1

 
152.2

 
630.1

Total revenues
$
399.9

 
$
442.6

 
$
425.4

 
$
445.4

 
$
1,713.3

Operating profit
 
 
 
 
 
 
 
 
 
National media
$
24.1

 
$
46.8

 
$
41.3

 
$
34.3

 
$
146.5

Local media
50.6

 
76.8

 
41.2

 
46.3

 
214.9

Unallocated corporate
(13.9
)
 
(13.8
)
 
(12.5
)
 
(12.1
)
 
(52.3
)
Income from operations
$
60.8

 
$
109.8

 
$
70.0

 
$
68.5

 
$
309.1

 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
$
34.0

 
$
71.8

 
$
39.8

 
$
43.3

 
$
188.9

Discontinued operations

 

 

 

 

Net earnings
$
34.0

 
$
71.8

 
$
39.8

 
$
43.3

 
$
188.9

 
 
 
 
 
 
 
 
 
 
Basic earnings per share attributable to common shareholders
 
 
 
 
 
 
 
 


Earnings from continuing operations
$
0.76

 
$
1.61

 
$
0.89

 
$
0.97

 
$
4.23

Net earnings
0.76

 
1.61

 
0.89

 
0.97

 
4.23

 
 
 
 
 
 
 
 
 
 
Diluted earnings per share attributable to common shareholders
 
 
 
 
 
 
 
 


Earnings from continuing operations
0.75

 
1.58

 
0.87

 
0.95

 
4.16

Net earnings
0.75

 
1.58

 
0.87

 
0.95

 
4.16

 
 
 
 
 
 
 
 
 
 
Dividends per share
0.495

 
0.495

 
0.520

 
0.520

 
2.030