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Condensed Consolidated Statements of Earnings (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Revenues        
Total revenues $ 664.5 $ 701.7 $ 2,259.5 $ 2,237.4
Operating expenses        
Production, distribution, and editorial 252.2 257.4 759.8 811.2
Selling, general, and administrative 302.7 294.2 946.5 963.4
Acquisition, disposition, and restructuring related activities (85.8) 6.5 (67.5) 20.1
Depreciation and amortization 35.6 53.5 134.4 170.6
Impairment of goodwill and other long-lived assets 0.0 384.1 0.0 389.3
Total operating expenses 504.7 995.7 1,773.2 2,354.6
Income (loss) from operations 159.8 (294.0) 486.3 (117.2)
Non-operating income (expense), net 2.1 (2.4) 7.9 (1.0)
Interest expense, net (54.1) (36.6) (140.7) (112.4)
Earnings (loss) from continuing operations before income taxes 107.8 (333.0) 353.5 (230.6)
Income tax benefit (expense) (28.7) 43.6 (83.6) 15.4
Earnings (loss) from continuing operations 79.1 (289.4) 269.9 (215.2)
Gain (loss) from discontinued operations, net of income taxes 0.0 5.0 0.0 (25.3)
Net earnings (loss) 79.1 (284.4) 269.9 (240.5)
Diluted earnings (loss) attributable to common shareholders $ 75.0 $ (304.1) $ 256.3 $ (300.0)
Basic earnings (loss) per share attributable to common shareholders        
Continuing operations (in usd per share) $ 1.62 $ (6.76) $ 5.55 $ (6.01)
Discontinued operations (in usd per share) 0 0.11 0 (0.56)
Basic earnings (loss) per common share (in usd per share) $ 1.62 $ (6.65) $ 5.55 $ (6.57)
Basic average common shares outstanding (in shares) 46.3 45.7 46.2 45.7
Diluted earnings (loss) per share attributable to common shareholders        
Continuing operations (in usd per share) $ 1.61 $ (6.76) $ 5.53 $ (6.01)
Discontinued operations (in usd per share) 0 0.11 0 (0.56)
Diluted earnings (loss) per common share (in usd per share) $ 1.61 $ (6.65) $ 5.53 $ (6.57)
Diluted average common shares outstanding (in shares) 46.7 45.7 46.3 45.7
Advertising related        
Revenues        
Total revenues $ 303.6 $ 332.1 $ 1,187.2 $ 1,139.0
Consumer related        
Revenues        
Total revenues 339.4 345.6 1,016.1 1,017.6
Other        
Revenues        
Total revenues $ 21.5 $ 24.0 $ 56.2 $ 80.8