Segment Information (Tables)

6 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Key Performance Measures by Segment

Key financial performance measures of the segments including Revenue, Cost of revenue, and Gross profit are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2021		2020		2021		2020
	(in millions)
Connected Fitness Products:
Revenue	$	796.4	$	870.1	$	1,297.4	$	1,471.5
Cost of revenue	745.5		562.8		1,186.2		927.0
Gross profit	$	51.0	$	307.3	$	111.3	$	544.5
Subscription:
Revenue	$	337.5	$	194.7	$	641.7	$	351.2
Cost of revenue	108.3		77.2		210.0		142.2
Gross profit	$	229.3	$	117.5	$	431.7	$	209.0
Consolidated:
Revenue	$	1,133.9	$	1,064.8	$	1,939.1	$	1,822.7
Cost of revenue	853.7		640.0		1,396.2		1,069.2
Gross profit	$	280.2	$	424.8	$	543.0	$	753.5

Schedule of Reconciliation of Segment Gross Profit to Consolidated Loss Before Tax

The reconciliation between reportable Segment Gross Profit to consolidated (loss) income before tax is as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2021		2020		2021		2020
	(in millions)
Segment Gross Profit	$	280.2	$	424.8	$	543.0	$	753.5
Sales and marketing	(349.6)		(177.4)		(633.9)		(292.1)
General and administrative	(248.7)		(141.1)		(489.0)		(249.7)
Research and development	(100.0)		(47.5)		(197.7)		(84.1)
Impairment expense	(7.7)		—		(7.7)		—
Total other (expense) income, net	(10.6)		1.8		(24.6)		3.5
(Loss) income before provision for income taxes	$	(436.3)	$	60.6	$	(809.9)	$	131.2