Stockholders' Deficit

6 Months Ended

Dec. 31, 2018

Equity [Abstract]

Stockholders' Deficit

Stockholders’ Equity

Stock Repurchases

On January 22, 2015, our Board of Directors approved a share repurchase program (the "Share Repurchase Program") for up to $450.0 million worth of our common stock. On April 26, 2016, June 8, 2017, April 18, 2018, and December 6, 2018, the Board of Directors approved a $400.0 million, $200.0 million, $200.0 million, and $100.0 million increase in the Share Repurchase Program, respectively. The timing and amount of any shares repurchased are based on market conditions and other factors. All shares of our common stock repurchased have been recorded as treasury stock under the cost method.

During the three and six months ended December 31, 2018, we repurchased 1,175,531 and 1,648,907 shares of our common stock in the open market for $100.0 million and $150.0 million, respectively. As of December 31, 2018, the total remaining value under the Share Repurchase Program was approximately $296.3 million.

Accumulated Other Comprehensive Income

As of December 31, 2018 and June 30, 2018, accumulated other comprehensive income was comprised of foreign currency translation adjustments of less than $0.1 million and $1.4 million, respectively.