Business Combinations (Tables)

9 Months Ended

Mar. 31, 2018

Business Acquisition, Purchase Price of Total Consideration [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The Company accounted for the transaction using the acquisition method of accounting for business combinations, in accordance with ASC 805 Business Combinations. The total consideration was (in thousands):

Cash paid at closing	$	748,002
Fair value of deferred consideration at closing		184,838
Total consideration	$	932,840

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary purchase price allocation to assets acquired and liabilities assumed in the transaction is (in thousands):

Accounts Receivable	$	37,021
Inventory		25,144
Other current assets		1,344
Property, plant, and equipment		221,139
Identifiable intangible assets		330,000
Trade and other payables		5,380
Deferred revenue		18,132
Total identifiable net assets		591,136
Goodwill		341,704
Total assets acquired and liabilities assumed	$	932,840

Business Acquisition, Pro Forma Information [Table Text Block]

The following table provides unaudited pro forma results for the Company, prepared in accordance with ASC 805, for the three and nine months ended March 31, 2018 and March 31, 2017, as if the Company had acquired Catalent Indiana as of July 1, 2016.

	For the Three Months Ended				For the Nine Months Ended
	March 31, 2018		March 31, 2017		March 31, 2018		March 31, 2017
	(in millions, except per share data)
Revenue	$	633.1	$	576.7	$	1,849.3	$	1,593.3
Net income	23.1		21.2		22.1		20.6
Basic earnings per share	0.17		0.16		0.17		0.16
Diluted earnings per share	0.17		0.16		0.16		0.15