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TRADE RECEIVABLES - FACTORING
12 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
TRADE RECEIVABLES—FACTORING
TRADE RECEIVABLES—FACTORING
The Company factors a portion of its trade receivables with unrelated third-party factoring companies on a non-recourse basis. Trade receivables factored throughout the fiscal year amounted to $344.9 and $379.2 in fiscal 2017 and 2016, respectively. Remaining balances due from factors amounted to $16.8 and $16.1 as of June 30, 2017 and 2016, respectively, and are included in Trade receivables, net in the Consolidated Balance Sheets. Factoring fees paid under these arrangements were $0.7, $0.8 and $0.6 in fiscal 2017, 2016 and 2015, respectively, which were recorded in Selling, general and administrative expenses in the Consolidated Statements of Operations.