Acquisitions (Tables)
12 Months Ended
Jun. 30, 2017
Business Acquisition [Line Items]  
Pro Forma Results of Operations
The following table provides unaudited supplemental pro forma results of operations for the year ended June 30, 2015 (in millions):
(unaudited)
 
Fiscal Year Ended
June 30, 2015
Total revenue
 
$
2,379.4

Net income
 
$
12.6

Netech Corporation [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The following table summarizes the purchase price allocation for the Netech Acquisition (in millions):

Computation of purchase price:
 
 
Cash paid to sellers
 
$
240.1

Receivable due from escrow
 
(0.6
)
Fair value of equity consideration
 
11.0

Total consideration
 
$
250.5

Allocation of purchase price:
 
 
Fair value of assets acquired:
 
 
Accounts receivable
 
$
70.2

Unbilled accounts receivable
 
7.5

Inventory
 
9.0

Prepaid expenses and other current assets
 
5.0

Property and equipment
 
2.3

Goodwill
 
108.2

Identifiable intangible assets
 
107.0

Other assets
 
2.4

Fair value of liabilities assumed:
 
 
Accounts payable - trade
 
(2.3
)
Accounts payable - floor plan
 
(40.5
)
Accrued expenses and other current liabilities
 
(18.3
)
Total net assets acquired
 
$
250.5

Presidio Acquisition [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The following table summarizes the purchase price allocation for the Presidio Acquisition (in millions):

Computation of purchase price:
 
 
Cash paid to sellers
 
$
652.5

Fair value of management equity rolled forward
 
21.2

Fair value of consideration to be paid in the future
 
10.8

Total consideration
 
$
684.5

Allocation of purchase price:
 
 
Fair value of assets acquired:
 
 
Cash and cash equivalents
 
$
7.0

Accounts receivable
 
439.7

Unbilled accounts receivable
 
105.7

Financing receivables
 
162.5

Inventory
 
29.2

Deferred income tax assets
 
10.2

Prepaid expenses and other current assets
 
75.0

Property and equipment
 
28.2

Equipment under operating leases
 
4.5

Goodwill
 
662.2

Identifiable intangible assets
 
837.5

Other assets
 
15.8

Fair value of liabilities assumed:
 
 
Accounts payable - trade
 
(375.1
)
Accounts payable - floor plan
 
(111.1
)
Accrued expenses and other current liabilities
 
(115.0
)
Discounted financing receivables
 
(140.3
)
Long-term indebtedness
 
(588.4
)
Deferred income tax liabilities
 
(329.7
)
Other liabilities
 
(33.4
)
Total net assets acquired
 
$
684.5

Sequoia Acquisition [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The following table summarizes the purchase price allocation for the Sequoia acquisition (in millions):

Computation of purchase price:
 
 
Cash paid to sellers
 
$
11.2

Fair value of equity consideration
 
1.4

Total consideration
 
$
12.6

Allocation of purchase price:
 
 
Assets assumed
 
$
0.1

Purchased identifiable intangible assets
 
1.0

Goodwill
 
11.5

Total net assets acquired
 
$
12.6