XML 18 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]      
NET SALES $ 1,813.4 $ 2,226.7 $ 2,173.0
Cost of sales 1,535.0 1,908.4 1,774.1
Cost of sales - excess inventory write-down 22.5 0.0 0.0
Gross profit 255.9 318.3 398.9
Selling, general and administrative expenses 173.8 177.7 186.9
Restructuring and asset impairment charges 18.0 29.1 0.0
Goodwill impairment 12.5 0.0 0.0
Operating income 51.6 111.5 212.0
Interest expense (28.0) (27.7) (17.0)
Other (expense) income, net (2.1) 5.3 1.4
Income before income taxes 21.5 89.1 196.4
Income tax expense 10.2 30.4 63.6
Net income $ 11.3 $ 58.7 $ 132.8
EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ 0.23 $ 1.11 $ 2.48
Diluted (in dollars per share) $ 0.23 $ 1.11 $ 2.47
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 48.1 52.6 53.3
Diluted (in shares) 48.2 52.7 53.6