Acquisitions (Tables)

9 Months Ended

Mar. 31, 2020

Changes in Carrying Amount of Goodwill

The following summarizes changes to the goodwill balance for the nine months ended March 31, 2020

	Carrying amount
Ending balance June 30, 2019	$	417.2
Goodwill deconsolidated on sale of the Clinic		(7.3	)
Goodwill impairment charge		(82.0	)
Translation adjustments		(0.8	)
Ending balance March 31, 2020	$	327.1

Counsyl Inc [Member]

Allocation of Consideration Transferred

The allocation of the consideration transferred was finalized within the measurement period (which was up to one year from the acquisition date)

	Estimated Fair Value
Current assets	$	42.5
Intangible assets		290.0
Equipment		18.2
Other assets		0.1
Goodwill		99.3
Current liabilities		(19.6	)
Long term liabilities		(0.1	)
Deferred tax liability		(9.2	)
Total fair value purchase price	$	421.2
Less: Cash acquired		(15.3	)
Total consideration transferred	$	405.9

Changes in Carrying Amount of Goodwill

Changes in goodwill since the Counsyl acquisition to the balance as of March 31, 2020 are shown below:

	Carrying
	amount
Balance September 30, 2018	$	94.9
Fair value adjustment to equipment		0.7
Intangible adjustment		2.9
Working capital adjustment		(1.1	)
Change in deferred tax liability		1.9
Balance March 31, 2020	$	99.3

Pro Forma Results of Acquisitions

Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operation of the combined company would have been if the acquisition had occurred at the beginning of the period presented, nor are they indicative of future results of operations and are not necessarily indicative of results that might have been achieved had the acquisition been consummated as of July 1, 2017.

	Three months ended					Nine months ended
	March 31,					March 31,
	2020			2019		2020			2019
Revenue	$	164.0		$	216.6	$	545.4		$	645.9
Income (loss) from operations		(133.7	)		5.9		(163.4	)		23.5
Net income (loss)		(115.2	)		6.9		(144.1	)		18.2
Earnings (loss) per share, basic	$	(1.55	)	$	0.09	$	(1.94	)	$	0.25
Earnings (loss) per share, diluted	$	(1.55	)	$	0.09	$	(1.94	)	$	0.24