Divestiture

9 Months Ended

Mar. 31, 2014

Divestitures [Abstract]

Divestiture

Note 6. Divestitures

On February 28, 2014, the Company completed the sale of its Occupational Health and Safety services business ("OHS") for a pre-tax gain of $15.6 million, less costs to sell. In connection with the disposal of OHS, the Company classified the results of this business as discontinued operations for all periods presented. OHS was previously reported in the Employer Services segment.

On December 17, 2012, the Company completed the sale of its Taxware Enterprise Service business ("Taxware") for a pre-tax gain of $58.8 million, less costs to sell. In connection with the disposal of Taxware, the Company classified the results of this business as discontinued operations for all periods presented. Taxware was previously reported in the Employer Services segment.

Results for discontinued operations were as follows:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2014		2013		2014		2013
Revenues	$	3.2	$	5.0	$	13.0	$	38.5
Earnings from discontinued operations before income taxes	1.0		1.5		3.9		12.1
Provision for income taxes	0.3		0.4		1.1		4.1
Net earnings from discontinued operations before gain on disposal of discontinued operations	0.7		1.1		2.8		8.0
Gain on disposal of discontinued operations, less costs to sell	15.6		—		15.6		58.8
Provision for income taxes	5.1		—		5.1		22.1
Net gain on disposal of discontinued operations	10.5		—		10.5		36.7
Net earnings from discontinued operations	$	11.2	$	1.1	$	13.3	$	44.7

There were no assets or liabilities of discontinued operations as of March 31,2014. The following are the major classes of assets and liabilities related to the discontinued operations as of June 30, 2013:

	June 30, 2013
Assets:
Accounts receivable, net	$	3.0
Goodwill	13.4
Intangible assets, net	—
Other assets	0.3
Total assets	$	16.7
Liabilities:
Accounts payable	$	0.8
Accrued expenses and other current liabilities	0.3
Accrued payroll and payroll related expenses	0.8
Deferred revenues	1.8
Income taxes payable	0.5
Total liabilities	$	4.2