Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2015

Schedule of Fair Value of Financial Assets

The following table sets forth the fair value of the Company’s financial assets that are re-measured on a regular basis:

	Level 1		Level 2		Level 3		Total
at June 30, 2015
Money market funds (a)	$	2.4	$	—	$	—	$	2.4
Corporate bonds and notes		—		44.8		—		44.8
Municipal bonds		—		70.3		—		70.3
Federal agency issues		—		13.2		—		13.2
Total	$	2.4	$	128.3	$	—	$	130.7

(a) Money market funds are primarily comprised of exchange traded funds and accrued interest

	Level 1		Level 2		Level 3		Total
at June 30, 2014
Money market funds (a)	$	13.6	$	—	$	—	$	13.6
Corporate bonds and notes		—		44.5		—		44.5
Municipal bonds		—		144.2		—		144.2
Federal agency issues		—		23.1		—		23.1
Total	$	13.6	$	211.8	$	—	$	225.4

(a) Money market funds are primarily comprised of exchange traded funds and accrued interest