Consolidated Balance Sheets - USD ($)
$ in Millions |
Jun. 30, 2017 |
Jun. 30, 2016 |
| Current Assets |
|
|
| Cash and cash equivalents |
$ 27.5
|
$ 33.0
|
| Accounts receivable, net |
576.3
|
503.0
|
| Unbilled accounts receivable, net |
159.8
|
135.7
|
| Financing receivables, current portion |
84.2
|
83.1
|
| Inventory |
27.7
|
48.3
|
| Prepaid expenses and other current assets |
63.4
|
68.2
|
| Total current assets |
938.9
|
871.3
|
| Property and equipment, net |
32.1
|
32.9
|
| Financing receivables, less current portion |
113.6
|
102.0
|
| Goodwill |
781.5
|
781.5
|
| Identifiable intangible assets, net |
751.9
|
825.5
|
| Other assets |
32.7
|
9.9
|
| Total assets |
2,650.7
|
2,623.1
|
| Current Liabilities |
|
|
| Current maturities of long-term debt |
0.0
|
7.4
|
| Accounts payable – trade |
350.5
|
382.3
|
| Accounts payable – floor plan |
264.9
|
223.3
|
| Accrued expenses and other current liabilities |
216.3
|
167.1
|
| Discounted financing receivables, current portion |
79.9
|
75.3
|
| Total current liabilities |
911.6
|
855.4
|
| Long-term debt, net of debt issuance costs and current maturities |
730.7
|
1,030.6
|
| Discounted financing receivables, less current portion |
104.7
|
87.1
|
| Deferred income tax liabilities |
270.4
|
288.0
|
| Other liabilities |
30.4
|
15.1
|
| Total liabilities |
2,047.8
|
2,276.2
|
| Commitments and contingencies (Note 13) |
|
|
| Stockholders’ Equity |
|
|
| Preferred stock: $0.01 par value; 100 shares authorized, zero shares issued and outstanding at June 30, 2017 and June 30, 2016 |
0.0
|
0.0
|
| Common stock: $0.01 par value; 250,000,000 shares authorized and 90,969,919 shares issued and outstanding at June 30,2017, 100,000,000 shares authorized and 71,922,836 shares issued and outstanding at June 30, 2016 |
0.9
|
0.7
|
| Additional paid-in capital |
625.3
|
373.9
|
| Accumulated deficit |
(23.3)
|
(27.7)
|
| Total stockholders’ equity |
602.9
|
346.9
|
| Total liabilities and stockholders’ equity |
$ 2,650.7
|
$ 2,623.1
|