Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jun. 30, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS

				Additions
Reserves Deducted from Receivables in the Consolidated Financial Statements:		Balance at beginning of period		Charged to costs and expenses		Charged to other accounts			Deductions		Balance at end of period
(In millions)
Year ended June 30, 2021
Reserve for doubtful accounts		$	25.6	$	1.2	$	(2.8)	1	$	(8.6)	$	15.4
Reserve for returns		3.6		—		—			(3.6)		—
Income tax valuation allowance		17.2		0.3		—			—		17.5
Total		$	46.4	$	1.5	$	(2.8)		$	(12.2)	$	32.9
Year ended June 30, 2020
Reserve for doubtful accounts		$	15.4	$	15.8	$	—		$	(5.6)	$	25.6
Reserve for returns		5.1		5.1		2.4		2	(9.0)		3.6
Income tax valuation allowance		21.7		—		—			(4.5)		17.2
Total		$	42.2	$	20.9	$	2.4		$	(19.1)	$	46.4
Year ended June 30, 2019
Reserve for doubtful accounts		$	12.2	$	4.8	$	—		$	(1.6)	$	15.4
Reserve for returns		2.2		8.8		3.4		3	(9.3)		5.1
Income tax valuation allowance		21.1		0.6		—			—		21.7
Total		$	35.5	$	14.2	$	3.4		$	(10.9)	$	42.2
1	Amount is the result of the Company’s adoption of ASU 2016-13 on July 1, 2020. Refer to Note 1 for further discussion.
2	Amounts primarily charged against revenue accounts.
3	As a result of the Company's adoption of ASC 606 effective July 1, 2018, the Company recorded a reserve for underperformance of spot advertising of $3.4 million using the modified retrospective method.