Quarterly Financial Results (Notes)

12 Months Ended

Jun. 30, 2013

Quarterly Financial Results [Abstract]

Quarterly Financial Results

NOTE 15. QUARTERLY FINANCIAL RESULTS (UNAUDITED)

Summarized quarterly results of our continuing operations for the two fiscal years ended June 30, 2013 and June 30, 2012 are as follows:

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter (A)
Year ended June 30, 2013
Revenues	$	2,637.5	$	2,747.8	$	3,114.3	$	2,810.5
Costs of revenues	$	1,586.5	$	1,624.3	$	1,745.9	$	1,692.8
Gross profit	$	1,051.0	$	1,123.5	$	1,368.4	$	1,117.7
Net earnings from continuing operations	$	302.5	$	352.0	$	482.7	$	227.0
Basic earnings per share from continuing operations	$	0.63	$	0.73	$	1.00	$	0.47
Diluted earnings per share from continuing operations	$	0.62	$	0.72	$	0.99	$	0.47
	First Quarter		Second Quarter (B)		Third Quarter		Fourth Quarter
Year ended June 30, 2012
Revenues	$	2,510.9	$	2,570.7	$	2,910.9	$	2,623.6
Costs of revenues	$	1,500.4	$	1,513.7	$	1,618.2	$	1,582.0
Gross profit	$	1,010.5	$	1,057.0	$	1,292.7	$	1,041.6
Net earnings from continuing operations	$	300.4	$	372.8	$	450.2	$	256.2
Basic earnings per share from continuing operations	$	0.62	$	0.77	$	0.92	$	0.53
Diluted earnings per share from continuing operations	$	0.61	$	0.76	$	0.91	$	0.52

(A) Net earnings from continuing operations and diluted earnings per share from continuing operations includes the impact of a goodwill impairment charge related to ADP AdvancedMD, which decreased net earnings from continuing operations by $42.7 million and diluted earnings per share from continuing operations by $0.09.

(B) Net earnings from continuing operations and diluted earnings per share from continuing operations includes the impact of a gain on sale of assets related to the rights and obligations to resell a third-party management platform which increased net earnings from continuing operations by $41.2 million and diluted earnings per share from continuing operations by $0.08.