Other Income / Expense (Tables)

9 Months Ended

Mar. 31, 2015

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating (Income) Expense

The components of Other (Income) / Expense, net for the three and nine months ended March 31, 2015 and 2014 are as follows:

	Three Months Ended    March 31,					Nine Months Ended    March 31,
(Dollars in millions)	2015			2014		2015			2014
Other (Income) / Expense, net
Debt extinguishment costs	$	—		$	—	$	21.8		$	—
Gain on acquisition (1)	—			—		(10.2		)	—
Sponsor advisory agreement termination fee (2)	—			—		29.8			—
Foreign currency (gains) and losses	(0.5		)	4.5		(5.4		)	1.5
Other	1.3			0.7		2.5			1.3
Total Other (Income) / Expense	$	0.8		$	5.2	$	38.5		$	2.8

(1) Included within Other (income) / expense,net are gains associated with acquisitions completed during the respective periods.  Such income events are non-standard in nature and not reflective of the Company's core operating results.  During the nine month period ended March 31, 2015, the Company recorded a gain of $3.2 million on the re-measurement of a cost investment in an entity which became a wholly owned subsidiary as of October 2014 and a $7.0 million bargain purchase gain for an acquisition completed in July 2014.

(2) The Company paid a sponsor advisory agreement termination fee of $29.8 million in connection with its IPO.