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Quarterly Financial Results (Notes)
 12 Months Ended
Jun. 30, 2016
Summarized Quarterly Results of Continuing Operations [Abstract]  
Quarterly Financial Results
NOTE 14. QUARTERLY FINANCIAL RESULTS (UNAUDITED)

Summarized quarterly results of our operations for the two fiscal years ended June 30, 2016 and June 30, 2015 are as follows:

Year ended June 30, 2016
 
First
Quarter (A)
 
Second Quarter (B)
 
Third
Quarter
 
Fourth
Quarter (C)
 
 
 
 
 
 
 
 
 
Revenues from continuing operations
 
$
2,714.0

 
$
2,807.0

 
$
3,248.6

 
$
2,898.2

Gross profit from continuing operations
 
$
1,067.5

 
$
1,124.5

 
$
1,435.9

 
$
1,199.7

Earnings from continuing operations before income taxes
 
$
505.0

 
$
507.9

 
$
794.8

 
$
427.0

Net earnings from continuing operations
 
$
337.5

 
$
341.4

 
$
532.5

 
$
282.0

Net loss from discontinued operations
 
$
(0.9
)
 
$
—

 
$
—

 
$
—

Net earnings
 
$
336.6

 
$
341.4

 
$
532.5

 
$
282.0

Basic per common share amounts:
 
 
 
 
 
 
 
 
Basic earnings per share from continuing operations
 
$
0.73

 
$
0.75

 
$
1.17

 
$
0.62

Diluted per common share amounts:
 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
$
0.72

 
$
0.74

 
$
1.17

 
$
0.62



Year ended June 30, 2015
 
First
Quarter
 
Second Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
 
Revenues from continuing operations
 
$
2,566.1

 
$
2,653.6

 
$
3,024.3

 
$
2,694.5

Gross profit from continuing operations
 
$
1,007.8

 
$
1,070.3

 
$
1,340.0

 
$
1,092.7

Earnings from continuing operations before income taxes
 
$
450.4

 
$
498.8

 
$
739.9

 
$
381.6

Net earnings from continuing operations
 
$
296.6

 
$
332.5

 
$
490.3

 
$
257.0

Net (loss)/earnings from discontinued operations
 
$
(1.4
)
 
$
(1.0
)
 
$
(0.7
)
 
$
79.2

Net earnings
 
$
295.2

 
$
331.5

 
$
489.6

 
$
336.2

Basic per common share amounts:
 
 
 
 
 
 
 
 
Basic earnings per share from continuing operations
 
$
0.62

 
$
0.70

 
$
1.04

 
$
0.55

Basic earnings per share from discontinued operations
 
$
—

 
$
—

 
$
—

 
$
0.17

Diluted per common share amounts:
 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
$
0.62

 
$
0.69

 
$
1.03

 
$
0.55

Diluted earnings per share from discontinued operations
 
$
—

 
$
—

 
$
—

 
$
0.17



(A) Earnings from continuing operations before income taxes; net earnings from continuing operations; net earnings; and basic and diluted EPS from continuing operations include the gain on the sale of AMD. This increased earnings from continuing operations before income taxes by $29.1 million, net earnings from continuing operations and net earnings by $21.8 million, and basic and diluted earnings per share from continuing operations by $0.05.

(B) Earnings from continuing operations before income taxes; net earnings from continuing operations; net earnings; and basic and diluted EPS from continuing operations include the gain on sale of a building. This increased earnings from continuing operations before income taxes by $13.9 million, net earnings from continuing operations and net earnings by $8.6 million and basic and diluted earnings per share from continuing operations by $0.02.

(C) Earnings from continuing operations before income taxes; net earnings from continuing operations; net earnings; and basic and diluted EPS from continuing operations include the charge for the workforce optimization effort. This decreased earnings from continuing operations before income taxes by $48.2 million, net earnings from continuing operations and net earnings by $31.8 million and basic and diluted earnings per share from continuing operations by $0.07.