Rendering
| Component: (Network and Table) |
|---|
| Network | 2306301 - Disclosure - Fair Value of Financial Instruments (Tables) (http://www.broadridge.com/role/FairValueOfFinancialInstrumentsTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001383312 (http://www.sec.gov/CIK) |
| Fair Value Disclosures [Abstract] | Period [Axis] |
|---|
2015-07-01 - 2016-06-30 |
|---|
Fair Value Disclosures [Abstract] | |
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis | The following tables set forth the Company’s financial assets and liabilities at June 30, 2016 and 2015, respectively, that are measured at fair value on a recurring basis during the period, segregated by level within the fair value hierarchy: | | | | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | | | (in millions) | Assets: | |
| |
| |
| |
| Cash and cash equivalents: | |
| |
| |
| |
| Money market funds(1) | | $ | 121.0 |
| | $ | — |
| | $ | — |
| | $ | 121.0 |
| Other current assets: | |
| |
| |
| |
| Available-for-sale securities | | 0.1 |
| | — |
| | — |
| | 0.1 |
| Other non-current assets: | |
| |
| |
| |
| Available-for-sale securities | | 34.4 |
| | — |
| | 1.1 |
| | 35.5 |
| Total assets as of June 30, 2016 | | $ | 155.5 |
| | $ | — |
| | $ | 1.1 |
| | $ | 156.6 |
| Liabilities: | | | | | | | | | Contingent consideration obligations | | $ | — |
| | $ | — |
| | $ | 5.5 |
| | $ | 5.5 |
| Total liabilities as of June 30, 2016 | | $ | — |
| | $ | — |
| | $ | 5.5 |
| | $ | 5.5 |
|
| | | | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | | | (in millions) | Assets: | | | | | | | | | Cash and cash equivalents: | | | | | | | | | Money market funds(1) | | $ | 65.5 |
| | $ | — |
| | $ | — |
| | $ | 65.5 |
| Other current assets: | | | | | | | | | Available-for-sale securities | | 0.1 |
| | — |
| | — |
| | 0.1 |
| Other non-current assets: | | | | | | | | | Available-for-sale securities | | 24.5 |
| | — |
| | 1.1 |
| | 25.6 |
| Total assets as of June 30, 2015 | | $ | 90.1 |
| | $ | — |
| | $ | 1.1 |
| | $ | 91.2 |
| Liabilities: | | | | | | | | | Contingent consideration obligations | | $ | — |
| | $ | — |
| | $ | 15.7 |
| | $ | 15.7 |
| Total liabilities as of June 30, 2015 | | $ | — |
| | $ | — |
| | $ | 15.7 |
| | $ | 15.7 |
|
| | (1) | Money market funds include MMDA account balances of $91.0 million and $34.0 million as of June 30, 2016 and 2015, respectively. |
|
Schedule of Changes in Level 3 Financial Assets | The following table sets forth an analysis of changes during fiscal years 2016 and 2015 in Level 3 financial assets of the Company: | | | | | | | | | | | | 2016 | | 2015 | | | (in millions) | Beginning balance | | $ | 1.1 |
| | $ | 1.1 |
| Net realized/unrealized gains (losses) | | — |
| | — |
| Purchases | | — |
| | — |
| Transfers in (out) of Level 3 | | — |
| | — |
| Ending balance | | $ | 1.1 |
| | $ | 1.1 |
|
|
Schedule of Changes in Level 3 Financial Liabilities | The following table sets forth an analysis of changes during fiscal years 2016 and 2015 in Level 3 financial liabilities of the Company: | | | | | | | | | | | | June 30, | | | 2016 | | 2015 | | | (in millions) | Beginning balance | | $ | 15.7 |
| | $ | 1.3 |
| Additional contingent consideration incurred | | 3.6 |
| | 14.5 |
| Increase (decrease) in contingent consideration liability | | (4.9 | ) | | 0.3 |
| Payments | | (8.9 | ) | | (0.4 | ) | Ending balance | | $ | 5.5 |
| | $ | 15.7 |
|
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