Presidio 10-Q 6 Nov 17 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2017	Oct. 31, 2017
Document and Entity Information
Entity Registrant Name	Presidio, Inc.
Entity Central Index Key	1,631,825
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		91,672,682
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 24.9	$ 27.5
Accounts receivable, net	564.4	576.3
Unbilled accounts receivable, net	190.2	159.8
Financing receivables, current portion	82.9	84.2
Inventory	25.9	27.7
Prepaid expenses and other current assets	84.3	63.4
Total current assets	972.6	938.9
Property and equipment, net	35	32.1
Financing receivables, less current portion	109.7	113.6
Goodwill	784.1	781.5
Identifiable intangible assets, net	737.8	751.9
Other assets	33	32.7
Total assets	2,672.2	2,650.7
Current Liabilities
Current maturities of long-term debt	0	0
Accounts payable – trade	473.5	350.5
Accounts payable – floor plan	215.7	264.9
Accrued expenses and other current liabilities	176.7	216.3
Discounted financing receivables, current portion	78.9	79.9
Total current liabilities	944.8	911.6
Long-term debt, net of debt issuance costs and current maturities	707.5	730.7
Discounted financing receivables, less current portion	99.8	104.7
Deferred income tax liabilities	264.9	270.4
Other liabilities	28.8	30.4
Total liabilities	2,045.8	2,047.8
Commitments and contingencies (Note 10)
Stockholders’ Equity
Preferred stock: $0.01 par value, 100 shares authorized; zero shares issued and outstanding at September 30, 2017 and June 30, 2017	0	0
Common stock: $0.01 par value, 250,000,000 shares authorized; 91,528,701 and 90,919,969 shares issued and outstanding at September 30, 2017 and June 30, 2017	0.9	0.9
Additional paid-in capital	629	625.3
Accumulated deficit	(3.5)	(23.3)
Total stockholders’ equity	626.4	602.9
Total liabilities and stockholders’ equity	$ 2,672.2	$ 2,650.7

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2017	Jun. 30, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	100	100
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	91,528,701	90,919,969
Common stock, shares outstanding	91,528,701	90,919,969

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Revenue
Product	$ 628.6	$ 626.4
Service	136.4	111.3
Total revenue	765	737.7
Cost of revenue
Product	498	499.5
Service	110.6	89.6
Total cost of revenue	608.6	589.1
Gross margin	156.4	148.6
Operating expenses
Selling expenses	65.6	67.5
General and administrative expenses	25.7	27
Transaction costs	0.4	3.4
Depreciation and amortization	20.6	20.4
Total operating expenses	112.3	118.3
Operating income	44.1	30.3
Interest and other (income) expense
Interest expense	12.4	20.7
Loss on extinguishment of debt	0.7	0
Other (income) expense, net	(0.1)	0
Total interest and other (income) expense	13	20.7
Income before income taxes	31.1	9.6
Income tax expense	11.3	4
Net income	$ 19.8	$ 5.6
Earnings per share:
Basic (in dollars per share)	$ 0.22	$ 0.08
Diluted (in dollars per share)	$ 0.21	$ 0.08
Weighted-average common shares outstanding:
Basic (in shares)	91,169,612	71,932,470
Diluted (in shares)	96,046,736	73,881,526

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income	$ 19.8	$ 5.6
Adjustments to reconcile net income to net cash provided by operating activities
Amortization of intangible assets	18.4	18.4
Depreciation of property and equipment in operating expenses	2.2	2
Depreciation of property and equipment in cost of revenue	1.4	1.4
Provision for sales returns and credit losses	0.3	0.4
Amortization of debt issuance costs	1.3	1.7
Loss on extinguishment of debt	0.7	0
Noncash lease income	(0.6)	(1.4)
Share-based compensation expense	0.8	0.5
Deferred income tax benefit	(5.6)	(4.6)
Other	0.1	0
Change in assets and liabilities, net of acquisitions and dispositions:
Unbilled and accounts receivable	(14.5)	12.8
Inventory	1.9	11.2
Prepaid expenses and other assets	(21.6)	(65.9)
Accounts payable – trade	120.9	56.8
Accrued expenses and other liabilities	(41.9)	(18.1)
Net cash provided by operating activities	83.6	20.8
Cash flows from investing activities:
Acquisition of businesses, net of cash and cash equivalents acquired	(9.5)	0
Proceeds from collection of escrow related to acquisition of business	0	0.6
Additions of equipment under sales-type and direct financing leases	(19.7)	(34.3)
Proceeds from collection of financing receivables	1.1	3.3
Additions to equipment under operating leases	(0.3)	(0.5)
Proceeds from disposition of equipment under operating leases	0.6	0.2
Purchases of property and equipment	(4.7)	(3.3)
Net cash used in investing activities	(32.5)	(34)
Cash flows from financing activities:
Proceeds from issuance of common stock under share-based compensation plans	2.9	0
Proceeds from the discounting of financing receivables	17.8	33.9
Retirements of discounted financing receivables	(0.2)	(4.1)
Net repayments on the receivables securitization facility	0	(5)
Repayments of term loans	(25)	(1.8)
Net change in accounts payable — floor plan	(49.2)	4.9
Net cash provided by (used in) financing activities	(53.7)	27.9
Net increase (decrease) in cash and cash equivalents	(2.6)	14.7
Beginning of the period	27.5	33
End of the period	24.9	47.7
Cash paid during the period for:
Interest	14.2	26.4
Income taxes, net of refunds	8	0.9
Reduction of discounted lease assets and liabilities	$ 26.4	$ 21.4

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - 3 months ended Sep. 30, 2017 - USD ($) $ in Millions	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning balance at Jun. 30, 2017	$ 602.9	$ 0	$ 0.9	$ 625.3	$ (23.3)
Beginning balance (shares) at Jun. 30, 2017		0	90,969,919
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under share-based compensation plans	2.9		$ 0	2.9
Common stock issued under share-based compensation plans (shares)			558,782
Net income	19.8				19.8
Share-based compensation expense	0.8			0.8
Ending balance at Sep. 30, 2017	$ 626.4	$ 0	$ 0.9	$ 629	$ (3.5)
Ending balance (shares) at Sep. 30, 2017		0	91,528,701

Nature of Business and Signific

Nature of Business and Significant Accounting Policies	3 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Nature of Business and Significant Accounting Policies	Nature of Business and Significant Accounting Policies Description of the Company Presidio, Inc., a Delaware corporation, through its subsidiaries (collectively, the “Company”, “we” and “our”) is a leading provider of information technology (“IT”) solutions to the middle market in North America, assisting clients as they harness technology innovation and simplify IT complexity to digitally transform their businesses and drive return on IT investment. Our Digital Infrastructure, Cloud and Security solutions enable our middle market, enterprise and government clients to take advantage of new digital revenue streams, omnichannel customer experience models, and the rich data insights generated by those interactions. We deliver this technology expertise through a full life-cycle model of professional, managed, and ongoing support services, including strategy, consulting, design and implementation. During the three months ended September 30, 2017, the Company made an acquisition, which expands our geographic footprint in Minnesota, that is immaterial to the consolidated financial statements. The Company is headquartered in New York, New York and all of its direct and indirect subsidiaries are located in the United States. Stock Split On February 24, 2017, the Company's Board of Directors declared a 2 -for- 1 stock split of the Company’s common stock in the form of a stock dividend payable on each share of common stock issued and outstanding as of February 24, 2017. The number of shares subject to and the exercise price of the Company’s outstanding options were adjusted to equitably reflect the split. All common stock share and per-share data included in these financial statements give effect to the stock split and have been adjusted retroactively for the historical periods presented. Initial Public Offering On March 15, 2017, the Company completed an initial public offering (“IPO”) in which the Company issued and sold 18,766,465 shares of common stock, inclusive of 2,099,799 shares issued and sold on March 21, 2017, pursuant to the underwriters’ option to purchase additional shares, at the public offering price of $14.00 per share. Basis of Presentation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and Securities and Exchange Commission ("SEC") rules and regulations for interim reporting periods. The consolidated financial statements do not include all disclosures normally made in annual financial statements. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the fiscal year ended June 30, 2017 included within the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2017. All financial information presented in the financial statements and notes herein is presented in millions except for share and per share information and percentages. In management’s opinion, all adjustments necessary for a fair presentation of the results of operations, financial position and cash flows for the periods shown have been made. All other adjustments are of a normal recurring nature. The Company has evaluated subsequent events through the issue date of these consolidated financial statements. Principles of Consolidation The Company’s consolidated financial statements include the accounts of Presidio, Inc. and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of the Company’s consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Estimates are used when accounting for items and matters including, but not limited to, revenue recognition, asset residual values, vendor rebates and consideration, goodwill, identifiable intangibles, measurement of income tax assets and liabilities and provisions for doubtful accounts, credit losses, inventory obsolescence, and other contingencies. Actual results could differ from management’s estimates. Other Comprehensive Income (Loss) The Company did not have any components of other comprehensive income (loss) for any of the periods presented. Recent Accounting Pronouncements Adopted During the Period In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , which restricts the valuation of inventory to the lower of cost or net realizable value, which is the estimated selling price in the ordinary course of business less reasonably predictable costs of completion, disposal and transportation. The standard has an effective date for fiscal years beginning after December 15, 2016 and interim periods within those fiscal years, with early adoption permitted. Adopting this standard had an immaterial impact on the Company’s consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted The Company is still evaluating the impact of the following additional accounting pronouncements not yet adopted as of September 30, 2017. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) along with subsequent clarifying ASUs, which outline a single, comprehensive model for accounting for revenue from contracts with customers. The standard has an effective date for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, with early adoption permitted. The Company has formed an internal committee which is overseeing the assessment and implementation process associated with the adoption of this standard. The Company continues to assess the impact of the standard on the timing and amount of revenue recognized by the Company, including the impact of the modifications to principal versus agent considerations. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). As the Company is still evaluating the impact of the standard, we have not yet elected an adoption method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) , which changes the accounting for leases in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The standard has an effective date for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact that the standard will have on the consolidated financial statements. The adoption of the standard is not expected to have a material impact on the Company’s leasing business from a lessor perspective.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	3 Months Ended
	Sep. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following (in millions): June 30, 2017 September 30, 2017 Partner incentive program receivable $ 26.2 $ 39.4 Deferred product costs and other current assets 37.2 44.9 Total prepaid expenses and other current assets $ 63.4 $ 84.3

Financing Receivables and Opera

Financing Receivables and Operating Leases	3 Months Ended
	Sep. 30, 2017
Leases [Abstract]
Financing Receivables and Operating Leases	Financing Receivables and Operating Leases The Company records the lease receivables related to discounted sales-type or direct financing leases as financing receivables, and the related liability resulting from discounting customer payment streams as discounted financing receivables, in the Company’s consolidated balance sheets. Discounted customer payment streams are typically collateralized by a security interest in the underlying assets being leased. Financing receivable – The assets and related liabilities for discounted and not discounted sales-type and direct financing leases to financial institutions were as follows as of June 30, 2017 (in millions): Discounted to financial institutions Not discounted to financial institutions Total Financing receivables: Minimum lease payments $ 197.2 $ 4.2 $ 201.4 Estimated net residual values — 7.2 7.2 Unearned income (9.4 ) (0.8 ) (10.2 ) Provision for credit losses — (0.6 ) (0.6 ) Total, net $ 187.8 $ 10.0 $ 197.8 Reported as: Current $ 80.8 $ 3.4 $ 84.2 Long-term 107.0 6.6 113.6 Total, net $ 187.8 $ 10.0 $ 197.8 Discounted financing receivables: Nonrecourse $ 183.7 $ — $ 183.7 Recourse — — — Total $ 183.7 $ — $ 183.7 Reported as: Current $ 79.3 $ — $ 79.3 Long-term 104.4 — 104.4 Total $ 183.7 $ — $ 183.7 The assets and related liabilities for discounted and not discounted sales-type and direct financing leases to financial institutions were as follows as of September 30, 2017 (in millions): Discounted to financial institutions Not discounted to financial institutions Total Financing receivables: Minimum lease payments $ 192.9 $ 3.1 $ 196.0 Estimated net residual values — 7.2 7.2 Unearned income (9.5 ) (0.7 ) (10.2 ) Provision for credit losses — (0.4 ) (0.4 ) Total, net $ 183.4 $ 9.2 $ 192.6 Reported as: Current $ 79.8 $ 3.1 $ 82.9 Long-term 103.6 6.1 109.7 Total, net $ 183.4 $ 9.2 $ 192.6 Discounted financing receivables: Nonrecourse $ 177.9 $ — $ 177.9 Recourse — — — Total $ 177.9 $ — $ 177.9 Reported as: Current $ 78.3 $ — $ 78.3 Long-term 99.6 — 99.6 Total $ 177.9 $ — $ 177.9 The discounted financing receivables associated with sales-type and direct financing type leases are presented in the consolidated balance sheets together with the discounted financing receivables associated with operating leases, which is discussed below. Operating leases – Equipment under operating leases and accumulated depreciation are reported as part of Other Assets and were as follows (in millions): June 30, 2017 September 30, 2017 Equipment under operating leases $ 4.6 $ 3.8 Accumulated depreciation (2.9 ) (2.6 ) Total equipment under operating leases, net $ 1.7 $ 1.2 Depreciation expense associated with equipment under operating leases that is included in cost of product revenue within the Company’s consolidated statements of operations was $0.3 million and $0.5 million for the three months ended September 30, 2017 and 2016 , respectively. Liabilities for discounted operating leases to financial institutions were as follows (in millions): June 30, 2017 September 30, 2017 Discounted operating leases: Current $ 0.7 $ 0.6 Noncurrent 0.2 0.2 Total $ 0.9 $ 0.8 The discounted financing receivables associated with operating leases are presented in the consolidated balance sheets together with the discounted financing receivables associated with sales-type and direct financing type leases which are discussed above.

Property and Equipment

Property and Equipment	3 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment and accumulated depreciation and amortization were as follows (in millions): Estimated useful lives June 30, 2017 September 30, 2017 Furniture and fixtures 3 to 7 years $ 5.3 $ 5.5 Equipment 3 to 7 years 22.2 26.1 Software 3 years 19.9 20.9 Leasehold improvements Life of lease 13.3 14.1 Total property and equipment 60.7 66.6 Accumulated depreciation and amortization (28.6 ) (31.6 ) Total property and equipment, net $ 32.1 $ 35.0 Depreciation and amortization associated with property and equipment that is included in depreciation and amortization within the Company’s consolidated statements of operations was $2.2 million and $2.0 million for the three months ended September 30, 2017 and 2016 , respectively. Depreciation and amortization expense associated with property and equipment directly utilized in support of managed services and managed cloud contracts that is included in cost of service revenue within the Company’s consolidated statements of operations was $ 1.1 million and $ 0.9 million for the three months ended September 30, 2017 and 2016 , respectively.

Goodwill and Identifiable Intan

Goodwill and Identifiable Intangible Assets	3 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Identifiable Intangible Assets	Goodwill and Identifiable Intangible Assets Goodwill As described in Note 1, we completed an acquisition during the three months ended September 30, 2017 that is immaterial to the consolidated financial statements which resulted in a $2.6 million increase in goodwill. From June 30, 2017 through the date of the consolidated financial statements, no significant events have occurred that would lead us to believe that goodwill was more likely than not impaired. Identifiable Intangible Assets Identifiable intangible assets consisted of the following as of June 30, 2017 (in millions): Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 703.2 $ (159.8 ) $ 543.4 Developed technology 5 3.6 (1.6 ) 2.0 Trade names 2 5.1 (3.6 ) 1.5 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 916.9 $ (165.0 ) $ 751.9 Identifiable intangible assets consisted of the following as of September 30, 2017 : Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 707.0 $ (177.3 ) $ 529.7 Developed technology 5 3.6 (1.8 ) 1.8 Trade names 2 5.6 (4.3 ) 1.3 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 921.2 $ (183.4 ) $ 737.8 Amortization associated with intangible assets was $18.4 million for both the three months ended September 30, 2017 and 2016 . The weighted-average remaining useful life of the finite-lived intangible assets was 7.4 years and 7.7 years as of September 30, 2017 and June 30, 2017 , respectively. As described in Note 1, we completed an acquisition during the three months ended September 30, 2017 that was immaterial to the consolidated financial statements which resulted in a $4.3 million increase in finite-lived intangible assets. From June 30, 2017 through the date of the consolidated financial statements, no significant events have occurred that would lead us to believe that the indefinite-lived trade names were more likely than not impaired. Based on the finite-lived intangible assets recorded at September 30, 2017 , the future amortization expense is expected to be as follows (in millions): Years ending June 30, 2018 (remaining nine months) $ 55.2 2019 71.9 2020 71.6 2021 71.1 2022 71.1 2023 and thereafter 191.9 Total $ 532.8

Accounts Payable - Floor Plan

Accounts Payable - Floor Plan	3 Months Ended
	Sep. 30, 2017
Line of Credit Facility [Abstract]
Accounts Payable - Floor Plan	Accounts Payable – Floor Plan The accounts payable – floor plan balances on the consolidated balance sheets relate to an agreement with a financial institution that provides an indirect wholly owned subsidiary of the Company with funding for discretionary inventory purchases from approved vendors. Payables are due within 90 days and are noninterest bearing, provided they are paid when due. In accordance with the agreement, the financial institution has been granted a senior security interest in the indirect wholly owned subsidiary’s inventory purchased under the agreement and accounts receivable arising from the sale thereof. Payments on the facility are guaranteed by Presidio LLC and subsidiaries. As of September 30, 2017 and June 30, 2017 , the aggregate availability for purchases under the floor plan was the lesser of $325.0 million or the liquidation value of the pledged assets. The balances outstanding under the accounts payable - floor plan facility were $ 215.7 million and $ 264.9 million as of September 30, 2017 and June 30, 2017 , respectively. Long-Term Debt and Credit Agreements Long-term debt consisted of the following (in millions): June 30, 2017 September 30, 2017 Revolving credit facility $ — $ — Receivables securitization facility — — Term loan facility, due February 2022 626.6 601.6 Senior notes, 10.25% due February 2023 125.0 125.0 Total long-term debt 751.6 726.6 Unamortized debt issuance costs (20.9 ) (19.1 ) Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5 Reported as: Current $ — $ — Long-term 730.7 707.5 Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5 As of September 30, 2017 , there were no outstanding borrowings on the revolving credit facility and there were $ 1.5 million in letters of credit outstanding. The Company was in compliance with the covenants and had $ 48.5 million available for borrowings under the facility as of September 30, 2017 . As of September 30, 2017 , there were no outstanding borrowings under the receivables securitization facility. The Company had $ 250.0 million available under the receivables securitization facility based on the collateral available as of September 30, 2017 . February 2015 Term Loan On August 8, 2017, the Borrowers entered into Amendment No. 5 to the credit agreement executed on February 2, 2015 to, among other things, revise certain reporting requirements thereunder. During the three months ended September 30, 2017 , the Company made aggregate voluntary prepayments of $25.0 million on the term loan, resulting in a $0.7 million loss on extinguishment of debt in the Company’s consolidated statement of operations associated with the write-off of debt issuance costs.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Sep. 30, 2017
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in millions): June 30, 2017 September 30, 2017 Accrued compensation $ 64.5 $ 50.4 Accrued interest 11.7 8.5 Accrued equipment purchases/vendor expenses 78.3 47.8 Accrued income taxes 7.3 16.2 Accrued non-income taxes 7.4 7.2 Customer deposits 5.1 3.4 Unearned revenue 40.0 41.6 Other accrued expenses and current liabilities 2.0 1.6 Total accrued expenses and other current liabilities $ 216.3 $ 176.7

Long-Term Debt and Credit Agree

Long-Term Debt and Credit Agreements	3 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Credit Agreements	Accounts Payable – Floor Plan The accounts payable – floor plan balances on the consolidated balance sheets relate to an agreement with a financial institution that provides an indirect wholly owned subsidiary of the Company with funding for discretionary inventory purchases from approved vendors. Payables are due within 90 days and are noninterest bearing, provided they are paid when due. In accordance with the agreement, the financial institution has been granted a senior security interest in the indirect wholly owned subsidiary’s inventory purchased under the agreement and accounts receivable arising from the sale thereof. Payments on the facility are guaranteed by Presidio LLC and subsidiaries. As of September 30, 2017 and June 30, 2017 , the aggregate availability for purchases under the floor plan was the lesser of $325.0 million or the liquidation value of the pledged assets. The balances outstanding under the accounts payable - floor plan facility were $ 215.7 million and $ 264.9 million as of September 30, 2017 and June 30, 2017 , respectively. Long-Term Debt and Credit Agreements Long-term debt consisted of the following (in millions): June 30, 2017 September 30, 2017 Revolving credit facility $ — $ — Receivables securitization facility — — Term loan facility, due February 2022 626.6 601.6 Senior notes, 10.25% due February 2023 125.0 125.0 Total long-term debt 751.6 726.6 Unamortized debt issuance costs (20.9 ) (19.1 ) Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5 Reported as: Current $ — $ — Long-term 730.7 707.5 Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5 As of September 30, 2017 , there were no outstanding borrowings on the revolving credit facility and there were $ 1.5 million in letters of credit outstanding. The Company was in compliance with the covenants and had $ 48.5 million available for borrowings under the facility as of September 30, 2017 . As of September 30, 2017 , there were no outstanding borrowings under the receivables securitization facility. The Company had $ 250.0 million available under the receivables securitization facility based on the collateral available as of September 30, 2017 . February 2015 Term Loan On August 8, 2017, the Borrowers entered into Amendment No. 5 to the credit agreement executed on February 2, 2015 to, among other things, revise certain reporting requirements thereunder. During the three months ended September 30, 2017 , the Company made aggregate voluntary prepayments of $25.0 million on the term loan, resulting in a $0.7 million loss on extinguishment of debt in the Company’s consolidated statement of operations associated with the write-off of debt issuance costs.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements For certain of the Company’s financial instruments, including cash and cash equivalents, accounts and unbilled receivables, accounts payable – trade, accounts payable – floor plan, and other accrued liabilities, the carrying amount approximates fair value due to the short-term maturities of these instruments. Additionally, the Company’s financing receivables, and acquisition-related liabilities were measured at their respective fair values upon initial recognition. The fair value hierarchy for the Company’s financial assets and liabilities measured at fair value were as follows as of June 30, 2017 (in millions): Fair value measurement Carrying value Level 1 Level 2 Level 3 Term loan $ 626.6 $ — $ 627.4 $ — Senior notes 125.0 — 138.8 — Total $ 751.6 $ — $ 766.2 $ — The fair value hierarchy for the Company’s financial assets and liabilities measured at fair value were as follows as of September 30, 2017 (in millions): Fair value measurement Carrying value Level 1 Level 2 Level 3 Term loan $ 601.6 $ — $ 603.1 $ — Senior notes 125.0 — 137.5 — Total $ 726.6 $ — $ 740.6 $ — The fair value of the Company’s term loan and senior notes are estimated based on quoted market prices for the debt which is traded in over-the-counter secondary markets that are not considered active. The carrying value of the Company’s term loans and senior notes exclude unamortized debt issuance costs. For certain of the Company’s nonfinancial assets, including goodwill, intangible assets, and property and equipment the Company may be required to assess the fair values of these assets, on a recurring or nonrecurring basis, and record an impairment if the carrying value exceeds the fair value. In determining the fair value of these assets, the Company may use a combination of valuation methods which include Level 3 inputs. For the periods presented, there were no impairments charges.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Claims and assessments – In the normal course of business, the Company is subject to certain claims and assessments that arise in the ordinary course of business. The Company records a liability when the Company believes that it is both probable that a loss has been incurred and the amount can be reasonably estimated. Significant judgment is required to determine the outcome and the estimated amount of a loss related to such matters. Management believes that there are no claims or assessments outstanding which would materially affect the consolidated results of operations or financial position of the Company. On July 14, 2015, the Company received a subpoena from the Office of Inspector General for the General Services Administration (“GSA”) seeking various records relating to GSA contracting activity by us during the period beginning in April 2005 through the present. The subpoena is part of an ongoing law enforcement investigation being conducted by the GSA and requests a broad range of documents relating to business conduct in the GSA Multiple Award Schedule program. The Company is fully cooperating with the Inspector General in connection with the subpoena. On March 11, 2016, the Company received a subpoena from the Office of Treasury Inspector General for Tax Administration for the Department of the Treasury seeking various records from January 1, 2014 through the present relating to Company contracts with the Internal Revenue Service, as well as the Company’s interactions with other parties named in the subpoena who were involved in such contracts. The Company is fully cooperating with the Treasury Inspector General in connection with the subpoena. As these matters are ongoing, the Company is unable to determine their likely outcome and is unable to reasonably estimate a range of loss, if any, at this time. Accordingly, no provision for these matters has been recorded.

Share-based Compensation

Share-based Compensation	3 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	Share-based Compensation During the three months ended September 30, 2017 , the Company did not issue any equity awards pursuant to the Company's Amended and Restated 2015 Long-Term Incentive Plan (the "2015 LTIP"). During the three months ended September 30, 2017 , the Company granted 193,000 service-based non-qualified stock options that vest in four equal installments on each of the first four anniversaries of the grant date and 150,000 service-based restricted stock units that vest in two equal installments over a two -year period; all of which were issued pursuant to the Company's 2017 Long-Term Incentive Plan (the "2017 LTIP"). During the three months ended September 30, 2017 , there were 451,062 service-based and rolled options exercised and 288,086 service and rolled options expired or forfeited. As of September 30, 2017 , 6,255,443 service and rolled options were outstanding, of which 2,307,564 were vested. During the three months ended September 30, 2017 , there were 299,998 performance-based and market-based options forfeited. As of September 30, 2017 , the performance condition for these options was deemed met; however, as the market condition for vesting had not yet been realized, the total balance of 3,153,038 options outstanding were unvested. At September 30, 2017, there were 1,392,280 remaining shares available for issuance under the Presidio, Inc. Employee Stock Purchase Plan (the "ESPP"). On September 30, 2017, we held $0.9 million of contributions made by employees that were used to purchase 50,185 shares under the ESPP on October 3, 2017. Share-Based Compensation Expense The following table summarizes the share-based compensation expense as follows (in millions): Three months ended Three months ended Selling expenses $ 0.2 $ 0.4 General and administrative expenses 0.3 0.4 Total $ 0.5 $ 0.8 As of September 30, 2017 , there was $10.9 million of unrecognized share-based compensation expense, $8.9 million of which relates to service awards from the 2015 LTIP and 2017 LTIP grants and $2.0 million of which relates to the restricted stock unit grants.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following is a reconciliation of the weighted-average number of shares used to compute basic and diluted earnings per share (in millions, except share and per-share data): Three months ended Three months ended Numerator: Earnings $ 5.6 $ 19.8 Denominator: Weighted-average shares – basic 71,932,470 91,169,612 Effect of dilutive securities: Share-based awards 1,949,056 4,877,124 Weighted-average shares – diluted 73,881,526 96,046,736 Earnings per share: Basic $ 0.08 $ 0.22 Diluted $ 0.08 $ 0.21 Potentially dilutive securities that have been excluded from the computation of diluted weighted-average common shares outstanding because their inclusion would have been anti-dilutive consisted of the following: Three months ended Three months ended Share-based awards excluded from EPS because of anti-dilution 460,520 1,931,611 Share-based awards excluded from EPS because performance or market condition had not been met (1) 3,532,856 357,340 Total stock options excluded from EPS 3,993,376 2,288,951 ___________________________________ (1) For the three months ended September 30, 2016, all performance and market stock options were excluded from EPS as the performance condition was not considered probable. For the three months ended September 30, 2017, the performance condition for all performance and market stock options had been deemed met due to the completion of the Company's IPO. As a result, the performance and market stock options are included in the Company's EPS calculation to the extent the market condition was deemed to have been met on September 30, 2017 as if it was the end of the contingency period.

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s income tax expense for the three months ended September 30, 2017 and 2016 was $11.3 million and $4.0 million , respectively. The Company’s effective tax rates for the three months ended September 30, 2017 and 2016 were 36.3% and 41.7% , respectively. The effective tax rates differed from the U.S. federal statutory rate primarily due to state taxes and permanently non-deductible expenses, offset in the current three months by the favorable excess benefit deduction related to share-based compensation of $1.2 million , representing a 3.9% tax rate benefit in the period.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Apollo Global Management, LLC (together with its subsidiaries, “Apollo”) is a leading alternative investment management firm which owns and operates businesses across a variety of industries. The Company recorded revenue to parties affiliated with Apollo or its directors of $0.6 million and $0.2 million for the three months ended September 30, 2017 and 2016 , respectively. As of September 30, 2017 and June 30, 2017 , the outstanding receivables associated with parties affiliated with Apollo or its directors were $0.7 million and $1.7 million , respectively. The Company leases an office that is owned by members of the Company’s management. The office location was carried over from a prior acquisition and the Company has continued to renew the lease. Rent expense for the office was $0.1 million for both the three months ended September 30, 2017 and 2016 , respectively.

Segment Information

Segment Information	3 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information Geographic Areas Revenue earned by the Company from customers outside of the United States is not material for any of the periods presented. Additionally, the Company does not have long-lived assets outside of the United States. Revenue by Solution Area The following table presents total revenue by solution area (in millions): Three months ended Three months ended Cloud $ 111.7 $ 135.5 Security 66.7 109.0 Digital Infrastructure 559.3 520.5 Total revenue $ 737.7 $ 765.0 The type of solution sold by the Company to its customers is based upon internal classifications.

Supplemental Consolidating Info

Supplemental Consolidating Information	3 Months Ended
	Sep. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Supplemental Consolidating Information	Supplemental Consolidating Information The following financial statements set forth condensed consolidating financial information for the Company. The condensed consolidating financial information presents Presidio, Inc. on a standalone basis, Presidio Holdings Inc. and subsidiaries on a consolidated basis as borrowers or guarantors of the credit agreement executed on February 2, 2015 and Senior Notes indenture, and the consolidating intercompany eliminations between the entities. The following condensed consolidating financing information was prepared on the same basis as the consolidated financial statements (in millions): Condensed Consolidating Balance Sheet As of June 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Assets Current Assets Cash and cash equivalents $ 0.7 $ 26.8 $ — $ 27.5 Accounts receivable, net — 576.3 — 576.3 Unbilled accounts receivable, net — 159.8 — 159.8 Financing receivables, current portion — 84.2 — 84.2 Inventory — 27.7 — 27.7 Prepaid expenses and other current assets 1.3 69.1 (7.0 ) 63.4 Total current assets 2.0 943.9 (7.0 ) 938.9 Property and equipment, net — 32.1 — 32.1 Deferred tax asset 2.7 — (2.7 ) — Financing receivables, less current portion — 113.6 — 113.6 Goodwill — 781.5 — 781.5 Identifiable intangible assets, net — 751.9 — 751.9 Other assets 605.2 32.7 (605.2 ) 32.7 Total assets $ 609.9 $ 2,655.7 $ (614.9 ) $ 2,650.7 Liabilities and Stockholders’ Equity Current Liabilities Accounts payable – trade — 350.5 — 350.5 Accounts payable – floor plan — 264.9 — 264.9 Accrued expenses and other current liabilities 7.0 216.3 (7.0 ) 216.3 Discounted financing receivables, current portion — 79.9 — 79.9 Total current liabilities 7.0 911.6 (7.0 ) 911.6 Long-term debt, net of debt issuance costs and current maturities — 730.7 — 730.7 Discounted financing receivables, less current portion — 104.7 — 104.7 Deferred income tax liabilities — 273.1 (2.7 ) 270.4 Other liabilities — 30.4 — 30.4 Total liabilities 7.0 2,050.5 (9.7 ) 2,047.8 Total stockholders’ equity 602.9 605.2 (605.2 ) 602.9 Total liabilities and stockholders’ equity $ 609.9 $ 2,655.7 $ (614.9 ) $ 2,650.7 Condensed Consolidating Balance Sheet As of September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Assets Current Assets Cash and cash equivalents $ 4.1 $ 20.8 $ — $ 24.9 Accounts receivable, net — 564.4 — 564.4 Unbilled accounts receivable, net — 190.2 — 190.2 Financing receivables, current portion — 82.9 — 82.9 Inventory — 25.9 — 25.9 Prepaid expenses and other current assets 1.4 93.3 (10.4 ) 84.3 Total current assets 5.5 977.5 (10.4 ) 972.6 Property and equipment, net — 35.0 — 35.0 Deferred tax asset 2.6 — (2.6 ) — Financing receivables, less current portion — 109.7 — 109.7 Goodwill — 784.1 — 784.1 Identifiable intangible assets, net — 737.8 — 737.8 Other assets 627.2 33.0 (627.2 ) 33.0 Total assets $ 635.3 $ 2,677.1 $ (640.2 ) $ 2,672.2 Liabilities and Stockholders’ Equity Current Liabilities Accounts payable – trade — 473.5 — 473.5 Accounts payable – floor plan — 215.7 — 215.7 Accrued expenses and other current liabilities 9.0 178.1 (10.4 ) 176.7 Discounted financing receivables, current portion — 78.9 — 78.9 Total current liabilities 9.0 946.2 (10.4 ) 944.8 Long-term debt, net of debt issuance costs and current maturities — 707.5 — 707.5 Discounted financing receivables, less current portion — 99.8 — 99.8 Deferred income tax liabilities — 267.5 (2.6 ) 264.9 Other liabilities — 28.8 — 28.8 Total liabilities 9.0 2,049.8 (13.0 ) 2,045.8 Total stockholders’ equity 626.3 627.3 (627.2 ) 626.4 Total liabilities and stockholders’ equity $ 635.3 $ 2,677.1 $ (640.2 ) $ 2,672.2 Condensed Consolidating Statement of Operations Three months ended September 30, 2016 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Total revenue $ — $ 737.7 $ — $ 737.7 Total cost of revenue — 589.1 — 589.1 Gross margin — 148.6 — 148.6 Operating expenses Selling, general and administrative, and transaction costs — 97.9 — 97.9 Depreciation and amortization — 20.4 — 20.4 Total operating expenses — 118.3 — 118.3 Operating income — 30.3 — 30.3 Interest and other (income) expense Interest expense — 20.7 — 20.7 Loss on extinguishment of debt — — — — Other (income) expense, net (5.6 ) — 5.6 — Total interest and other (income) expense (5.6 ) 20.7 5.6 20.7 Income before income taxes 5.6 9.6 (5.6 ) 9.6 Income tax expense — 4.0 — 4.0 Net income $ 5.6 $ 5.6 $ (5.6 ) $ 5.6 Condensed Consolidating Statement of Operations Three months ended September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Total revenue $ — $ 765.0 $ — $ 765.0 Total cost of revenue — 608.6 — 608.6 Gross margin — 156.4 — 156.4 Operating expenses Selling, general and administrative, and transaction costs — 91.7 — 91.7 Depreciation and amortization — 20.6 — 20.6 Total operating expenses — 112.3 — 112.3 Operating income (loss) — 44.1 — 44.1 Interest and other (income) expense Interest expense — 12.4 — 12.4 Loss on extinguishment of debt — 0.7 — 0.7 Other (income) expense, net (19.8 ) (0.1 ) 19.8 (0.1 ) Total interest and other (income) expense (19.8 ) 13.0 19.8 13.0 Income before income taxes 19.8 31.1 (19.8 ) 31.1 Income tax expense — 11.3 — 11.3 Net income $ 19.8 $ 19.8 $ (19.8 ) $ 19.8 Condensed Consolidating Statement of Cash Flows Three months ended September 30, 2016 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Net cash provided by operating activities $ 0.3 $ 20.5 $ 20.8 Cash flows from investing activities: Proceeds from collection of escrow related to acquisition of business — 0.6 — 0.6 Additions of equipment under sales-type and direct financing leases — (34.3 ) — (34.3 ) Proceeds from collection of financing receivables — 3.3 — 3.3 Additions to equipment under operating leases — (0.5 ) — (0.5 ) Proceeds from disposition of equipment under operating leases — 0.2 — 0.2 Purchases of property and equipment — (3.3 ) — (3.3 ) Net cash used in investing activities — (34.0 ) — (34.0 ) Cash flows from financing activities: Proceeds from the discounting of financing receivables — 33.9 — 33.9 Retirements of discounted financing receivables — (4.1 ) — (4.1 ) Net repayments on the receivables securitization facility — (5.0 ) — (5.0 ) Repayments of term loans — (1.8 ) — (1.8 ) Net change in accounts payable — floor plan — 4.9 — 4.9 Net cash provided by financing activities — 27.9 — 27.9 Net increase in cash and cash equivalents 0.3 14.4 — 14.7 Cash and cash equivalents: Beginning of the period 26.1 6.9 — 33.0 End of the period $ 26.4 $ 21.3 $ — $ 47.7 Condensed Consolidating Statement of Cash Flows Three months ended September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Net cash provided by operating activities $ 1.9 $ 81.7 $ — $ 83.6 Cash flows from investing activities: Acquisition of businesses, net of cash and cash equivalents acquired — (9.5 ) — (9.5 ) Additions of equipment under sales-type and direct financing leases — (19.7 ) — (19.7 ) Proceeds from collection of financing receivables — 1.1 — 1.1 Additions to equipment under operating leases — (0.3 ) — (0.3 ) Proceeds from disposition of equipment under operating leases — 0.6 — 0.6 Purchases of property and equipment — (4.7 ) — (4.7 ) Net cash used in investing activities — (32.5 ) — (32.5 ) Cash flows from financing activities: Proceeds from issuance of common stock under share-based compensation plans 1.5 1.4 — 2.9 Proceeds from the discounting of financing receivables — 17.8 — 17.8 Retirements of discounted financing receivables — (0.2 ) — (0.2 ) Repayments of term loans — (25.0 ) — (25.0 ) Net change in accounts payable — floor plan — (49.2 ) — (49.2 ) Net cash provided by (used in) financing activities 1.5 (55.2 ) — (53.7 ) Net increase (decrease) in cash and cash equivalents 3.4 (6.0 ) — (2.6 ) Cash and cash equivalents: Beginning of the period 0.7 26.8 — 27.5 End of the period $ 4.1 $ 20.8 $ — $ 24.9

Nature of Business and Signif23

Nature of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and Securities and Exchange Commission ("SEC") rules and regulations for interim reporting periods. The consolidated financial statements do not include all disclosures normally made in annual financial statements. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the fiscal year ended June 30, 2017 included within the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2017. All financial information presented in the financial statements and notes herein is presented in millions except for share and per share information and percentages. In management’s opinion, all adjustments necessary for a fair presentation of the results of operations, financial position and cash flows for the periods shown have been made. All other adjustments are of a normal recurring nature. The Company has evaluated subsequent events through the issue date of these consolidated financial statements.
Principles of Consolidation	Principles of Consolidation The Company’s consolidated financial statements include the accounts of Presidio, Inc. and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the Company’s consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Estimates are used when accounting for items and matters including, but not limited to, revenue recognition, asset residual values, vendor rebates and consideration, goodwill, identifiable intangibles, measurement of income tax assets and liabilities and provisions for doubtful accounts, credit losses, inventory obsolescence, and other contingencies. Actual results could differ from management’s estimates.
Recent Accounting Pronouncements Adopted During the Period and Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Adopted During the Period In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , which restricts the valuation of inventory to the lower of cost or net realizable value, which is the estimated selling price in the ordinary course of business less reasonably predictable costs of completion, disposal and transportation. The standard has an effective date for fiscal years beginning after December 15, 2016 and interim periods within those fiscal years, with early adoption permitted. Adopting this standard had an immaterial impact on the Company’s consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted The Company is still evaluating the impact of the following additional accounting pronouncements not yet adopted as of September 30, 2017. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) along with subsequent clarifying ASUs, which outline a single, comprehensive model for accounting for revenue from contracts with customers. The standard has an effective date for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, with early adoption permitted. The Company has formed an internal committee which is overseeing the assessment and implementation process associated with the adoption of this standard. The Company continues to assess the impact of the standard on the timing and amount of revenue recognized by the Company, including the impact of the modifications to principal versus agent considerations. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). As the Company is still evaluating the impact of the standard, we have not yet elected an adoption method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) , which changes the accounting for leases in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The standard has an effective date for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact that the standard will have on the consolidated financial statements. The adoption of the standard is not expected to have a material impact on the Company’s leasing business from a lessor perspective.

Prepaid Expenses and Other Cu24

Prepaid Expenses and Other Current Assets (Tables)	3 Months Ended
	Sep. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consist of the following (in millions): June 30, 2017 September 30, 2017 Partner incentive program receivable $ 26.2 $ 39.4 Deferred product costs and other current assets 37.2 44.9 Total prepaid expenses and other current assets $ 63.4 $ 84.3

Financing Receivables and Ope25

Financing Receivables and Operating Leases (Tables)	3 Months Ended
	Sep. 30, 2017
Leases [Abstract]
Schedule of Financing Receivable	The assets and related liabilities for discounted and not discounted sales-type and direct financing leases to financial institutions were as follows as of June 30, 2017 (in millions): Discounted to financial institutions Not discounted to financial institutions Total Financing receivables: Minimum lease payments $ 197.2 $ 4.2 $ 201.4 Estimated net residual values — 7.2 7.2 Unearned income (9.4 ) (0.8 ) (10.2 ) Provision for credit losses — (0.6 ) (0.6 ) Total, net $ 187.8 $ 10.0 $ 197.8 Reported as: Current $ 80.8 $ 3.4 $ 84.2 Long-term 107.0 6.6 113.6 Total, net $ 187.8 $ 10.0 $ 197.8 Discounted financing receivables: Nonrecourse $ 183.7 $ — $ 183.7 Recourse — — — Total $ 183.7 $ — $ 183.7 Reported as: Current $ 79.3 $ — $ 79.3 Long-term 104.4 — 104.4 Total $ 183.7 $ — $ 183.7 The assets and related liabilities for discounted and not discounted sales-type and direct financing leases to financial institutions were as follows as of September 30, 2017 (in millions): Discounted to financial institutions Not discounted to financial institutions Total Financing receivables: Minimum lease payments $ 192.9 $ 3.1 $ 196.0 Estimated net residual values — 7.2 7.2 Unearned income (9.5 ) (0.7 ) (10.2 ) Provision for credit losses — (0.4 ) (0.4 ) Total, net $ 183.4 $ 9.2 $ 192.6 Reported as: Current $ 79.8 $ 3.1 $ 82.9 Long-term 103.6 6.1 109.7 Total, net $ 183.4 $ 9.2 $ 192.6 Discounted financing receivables: Nonrecourse $ 177.9 $ — $ 177.9 Recourse — — — Total $ 177.9 $ — $ 177.9 Reported as: Current $ 78.3 $ — $ 78.3 Long-term 99.6 — 99.6 Total $ 177.9 $ — $ 177.9
Schedule of Available for Operating Lease	Equipment under operating leases and accumulated depreciation are reported as part of Other Assets and were as follows (in millions): June 30, 2017 September 30, 2017 Equipment under operating leases $ 4.6 $ 3.8 Accumulated depreciation (2.9 ) (2.6 ) Total equipment under operating leases, net $ 1.7 $ 1.2
Schedule of Discounted Operating Lease	Liabilities for discounted operating leases to financial institutions were as follows (in millions): June 30, 2017 September 30, 2017 Discounted operating leases: Current $ 0.7 $ 0.6 Noncurrent 0.2 0.2 Total $ 0.9 $ 0.8

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property and equipment and accumulated depreciation and amortization were as follows (in millions): Estimated useful lives June 30, 2017 September 30, 2017 Furniture and fixtures 3 to 7 years $ 5.3 $ 5.5 Equipment 3 to 7 years 22.2 26.1 Software 3 years 19.9 20.9 Leasehold improvements Life of lease 13.3 14.1 Total property and equipment 60.7 66.6 Accumulated depreciation and amortization (28.6 ) (31.6 ) Total property and equipment, net $ 32.1 $ 35.0

Goodwill and Identifiable Int27

Goodwill and Identifiable Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Identifiable intangible assets consisted of the following as of June 30, 2017 (in millions): Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 703.2 $ (159.8 ) $ 543.4 Developed technology 5 3.6 (1.6 ) 2.0 Trade names 2 5.1 (3.6 ) 1.5 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 916.9 $ (165.0 ) $ 751.9 Identifiable intangible assets consisted of the following as of September 30, 2017 : Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 707.0 $ (177.3 ) $ 529.7 Developed technology 5 3.6 (1.8 ) 1.8 Trade names 2 5.6 (4.3 ) 1.3 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 921.2 $ (183.4 ) $ 737.8
Schedule of Indefinite-Lived Intangible Assets	Identifiable intangible assets consisted of the following as of June 30, 2017 (in millions): Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 703.2 $ (159.8 ) $ 543.4 Developed technology 5 3.6 (1.6 ) 2.0 Trade names 2 5.1 (3.6 ) 1.5 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 916.9 $ (165.0 ) $ 751.9 Identifiable intangible assets consisted of the following as of September 30, 2017 : Range of life (years) Gross amount Accumulated amortization Total, net Finite-lived intangible assets: Customer relationships 5 – 10 $ 707.0 $ (177.3 ) $ 529.7 Developed technology 5 3.6 (1.8 ) 1.8 Trade names 2 5.6 (4.3 ) 1.3 Indefinite-lived intangible assets: Trade names Indefinite 205.0 — 205.0 Total intangible assets $ 921.2 $ (183.4 ) $ 737.8
Schedule of Future Amortization Expense	Based on the finite-lived intangible assets recorded at September 30, 2017 , the future amortization expense is expected to be as follows (in millions): Years ending June 30, 2018 (remaining nine months) $ 55.2 2019 71.9 2020 71.6 2021 71.1 2022 71.1 2023 and thereafter 191.9 Total $ 532.8

Accrued Expenses and Other Cu28

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Sep. 30, 2017
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses and other current liabilities consisted of the following (in millions): June 30, 2017 September 30, 2017 Accrued compensation $ 64.5 $ 50.4 Accrued interest 11.7 8.5 Accrued equipment purchases/vendor expenses 78.3 47.8 Accrued income taxes 7.3 16.2 Accrued non-income taxes 7.4 7.2 Customer deposits 5.1 3.4 Unearned revenue 40.0 41.6 Other accrued expenses and current liabilities 2.0 1.6 Total accrued expenses and other current liabilities $ 216.3 $ 176.7
Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in millions): June 30, 2017 September 30, 2017 Accrued compensation $ 64.5 $ 50.4 Accrued interest 11.7 8.5 Accrued equipment purchases/vendor expenses 78.3 47.8 Accrued income taxes 7.3 16.2 Accrued non-income taxes 7.4 7.2 Customer deposits 5.1 3.4 Unearned revenue 40.0 41.6 Other accrued expenses and current liabilities 2.0 1.6 Total accrued expenses and other current liabilities $ 216.3 $ 176.7

Long-Term Debt and Credit Agr29

Long-Term Debt and Credit Agreements (Tables)	3 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt	Long-term debt consisted of the following (in millions): June 30, 2017 September 30, 2017 Revolving credit facility $ — $ — Receivables securitization facility — — Term loan facility, due February 2022 626.6 601.6 Senior notes, 10.25% due February 2023 125.0 125.0 Total long-term debt 751.6 726.6 Unamortized debt issuance costs (20.9 ) (19.1 ) Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5 Reported as: Current $ — $ — Long-term 730.7 707.5 Total long-term debt, net of debt issuance costs $ 730.7 $ 707.5

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value by Balance Sheet Grouping	The fair value hierarchy for the Company’s financial assets and liabilities measured at fair value were as follows as of June 30, 2017 (in millions): Fair value measurement Carrying value Level 1 Level 2 Level 3 Term loan $ 626.6 $ — $ 627.4 $ — Senior notes 125.0 — 138.8 — Total $ 751.6 $ — $ 766.2 $ — The fair value hierarchy for the Company’s financial assets and liabilities measured at fair value were as follows as of September 30, 2017 (in millions): Fair value measurement Carrying value Level 1 Level 2 Level 3 Term loan $ 601.6 $ — $ 603.1 $ — Senior notes 125.0 — 137.5 — Total $ 726.6 $ — $ 740.6 $ —

Share-based Compensation (Table

Share-based Compensation (Tables)	3 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation Expense and Realized Tax Benefits	The following table summarizes the share-based compensation expense as follows (in millions): Three months ended Three months ended Selling expenses $ 0.2 $ 0.4 General and administrative expenses 0.3 0.4 Total $ 0.5 $ 0.8

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The following is a reconciliation of the weighted-average number of shares used to compute basic and diluted earnings per share (in millions, except share and per-share data): Three months ended Three months ended Numerator: Earnings $ 5.6 $ 19.8 Denominator: Weighted-average shares – basic 71,932,470 91,169,612 Effect of dilutive securities: Share-based awards 1,949,056 4,877,124 Weighted-average shares – diluted 73,881,526 96,046,736 Earnings per share: Basic $ 0.08 $ 0.22 Diluted $ 0.08 $ 0.21
Schedule of Antidilutive Securities Excluded from Computation of EPS	Potentially dilutive securities that have been excluded from the computation of diluted weighted-average common shares outstanding because their inclusion would have been anti-dilutive consisted of the following: Three months ended Three months ended Share-based awards excluded from EPS because of anti-dilution 460,520 1,931,611 Share-based awards excluded from EPS because performance or market condition had not been met (1) 3,532,856 357,340 Total stock options excluded from EPS 3,993,376 2,288,951 ___________________________________ (1) For the three months ended September 30, 2016, all performance and market stock options were excluded from EPS as the performance condition was not considered probable. For the three months ended September 30, 2017, the performance condition for all performance and market stock options had been deemed met due to the completion of the Company's IPO. As a result, the performance and market stock options are included in the Company's EPS calculation to the extent the market condition was deemed to have been met on September 30, 2017 as if it was the end of the contingency period.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of revenue by solution area	The following table presents total revenue by solution area (in millions): Three months ended Three months ended Cloud $ 111.7 $ 135.5 Security 66.7 109.0 Digital Infrastructure 559.3 520.5 Total revenue $ 737.7 $ 765.0

Supplemental Consolidating In34

Supplemental Consolidating Information (Tables)	3 Months Ended
	Sep. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet As of June 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Assets Current Assets Cash and cash equivalents $ 0.7 $ 26.8 $ — $ 27.5 Accounts receivable, net — 576.3 — 576.3 Unbilled accounts receivable, net — 159.8 — 159.8 Financing receivables, current portion — 84.2 — 84.2 Inventory — 27.7 — 27.7 Prepaid expenses and other current assets 1.3 69.1 (7.0 ) 63.4 Total current assets 2.0 943.9 (7.0 ) 938.9 Property and equipment, net — 32.1 — 32.1 Deferred tax asset 2.7 — (2.7 ) — Financing receivables, less current portion — 113.6 — 113.6 Goodwill — 781.5 — 781.5 Identifiable intangible assets, net — 751.9 — 751.9 Other assets 605.2 32.7 (605.2 ) 32.7 Total assets $ 609.9 $ 2,655.7 $ (614.9 ) $ 2,650.7 Liabilities and Stockholders’ Equity Current Liabilities Accounts payable – trade — 350.5 — 350.5 Accounts payable – floor plan — 264.9 — 264.9 Accrued expenses and other current liabilities 7.0 216.3 (7.0 ) 216.3 Discounted financing receivables, current portion — 79.9 — 79.9 Total current liabilities 7.0 911.6 (7.0 ) 911.6 Long-term debt, net of debt issuance costs and current maturities — 730.7 — 730.7 Discounted financing receivables, less current portion — 104.7 — 104.7 Deferred income tax liabilities — 273.1 (2.7 ) 270.4 Other liabilities — 30.4 — 30.4 Total liabilities 7.0 2,050.5 (9.7 ) 2,047.8 Total stockholders’ equity 602.9 605.2 (605.2 ) 602.9 Total liabilities and stockholders’ equity $ 609.9 $ 2,655.7 $ (614.9 ) $ 2,650.7 Condensed Consolidating Balance Sheet As of September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Assets Current Assets Cash and cash equivalents $ 4.1 $ 20.8 $ — $ 24.9 Accounts receivable, net — 564.4 — 564.4 Unbilled accounts receivable, net — 190.2 — 190.2 Financing receivables, current portion — 82.9 — 82.9 Inventory — 25.9 — 25.9 Prepaid expenses and other current assets 1.4 93.3 (10.4 ) 84.3 Total current assets 5.5 977.5 (10.4 ) 972.6 Property and equipment, net — 35.0 — 35.0 Deferred tax asset 2.6 — (2.6 ) — Financing receivables, less current portion — 109.7 — 109.7 Goodwill — 784.1 — 784.1 Identifiable intangible assets, net — 737.8 — 737.8 Other assets 627.2 33.0 (627.2 ) 33.0 Total assets $ 635.3 $ 2,677.1 $ (640.2 ) $ 2,672.2 Liabilities and Stockholders’ Equity Current Liabilities Accounts payable – trade — 473.5 — 473.5 Accounts payable – floor plan — 215.7 — 215.7 Accrued expenses and other current liabilities 9.0 178.1 (10.4 ) 176.7 Discounted financing receivables, current portion — 78.9 — 78.9 Total current liabilities 9.0 946.2 (10.4 ) 944.8 Long-term debt, net of debt issuance costs and current maturities — 707.5 — 707.5 Discounted financing receivables, less current portion — 99.8 — 99.8 Deferred income tax liabilities — 267.5 (2.6 ) 264.9 Other liabilities — 28.8 — 28.8 Total liabilities 9.0 2,049.8 (13.0 ) 2,045.8 Total stockholders’ equity 626.3 627.3 (627.2 ) 626.4 Total liabilities and stockholders’ equity $ 635.3 $ 2,677.1 $ (640.2 ) $ 2,672.2
Condensed Consolidating Statement of Operations	Condensed Consolidating Statement of Operations Three months ended September 30, 2016 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Total revenue $ — $ 737.7 $ — $ 737.7 Total cost of revenue — 589.1 — 589.1 Gross margin — 148.6 — 148.6 Operating expenses Selling, general and administrative, and transaction costs — 97.9 — 97.9 Depreciation and amortization — 20.4 — 20.4 Total operating expenses — 118.3 — 118.3 Operating income — 30.3 — 30.3 Interest and other (income) expense Interest expense — 20.7 — 20.7 Loss on extinguishment of debt — — — — Other (income) expense, net (5.6 ) — 5.6 — Total interest and other (income) expense (5.6 ) 20.7 5.6 20.7 Income before income taxes 5.6 9.6 (5.6 ) 9.6 Income tax expense — 4.0 — 4.0 Net income $ 5.6 $ 5.6 $ (5.6 ) $ 5.6 Condensed Consolidating Statement of Operations Three months ended September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Total revenue $ — $ 765.0 $ — $ 765.0 Total cost of revenue — 608.6 — 608.6 Gross margin — 156.4 — 156.4 Operating expenses Selling, general and administrative, and transaction costs — 91.7 — 91.7 Depreciation and amortization — 20.6 — 20.6 Total operating expenses — 112.3 — 112.3 Operating income (loss) — 44.1 — 44.1 Interest and other (income) expense Interest expense — 12.4 — 12.4 Loss on extinguishment of debt — 0.7 — 0.7 Other (income) expense, net (19.8 ) (0.1 ) 19.8 (0.1 ) Total interest and other (income) expense (19.8 ) 13.0 19.8 13.0 Income before income taxes 19.8 31.1 (19.8 ) 31.1 Income tax expense — 11.3 — 11.3 Net income $ 19.8 $ 19.8 $ (19.8 ) $ 19.8
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Three months ended September 30, 2016 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Net cash provided by operating activities $ 0.3 $ 20.5 $ 20.8 Cash flows from investing activities: Proceeds from collection of escrow related to acquisition of business — 0.6 — 0.6 Additions of equipment under sales-type and direct financing leases — (34.3 ) — (34.3 ) Proceeds from collection of financing receivables — 3.3 — 3.3 Additions to equipment under operating leases — (0.5 ) — (0.5 ) Proceeds from disposition of equipment under operating leases — 0.2 — 0.2 Purchases of property and equipment — (3.3 ) — (3.3 ) Net cash used in investing activities — (34.0 ) — (34.0 ) Cash flows from financing activities: Proceeds from the discounting of financing receivables — 33.9 — 33.9 Retirements of discounted financing receivables — (4.1 ) — (4.1 ) Net repayments on the receivables securitization facility — (5.0 ) — (5.0 ) Repayments of term loans — (1.8 ) — (1.8 ) Net change in accounts payable — floor plan — 4.9 — 4.9 Net cash provided by financing activities — 27.9 — 27.9 Net increase in cash and cash equivalents 0.3 14.4 — 14.7 Cash and cash equivalents: Beginning of the period 26.1 6.9 — 33.0 End of the period $ 26.4 $ 21.3 $ — $ 47.7 Condensed Consolidating Statement of Cash Flows Three months ended September 30, 2017 Presidio, Inc. Presidio Holdings Inc. & Subsidiaries Intercompany Eliminations Consolidated Net cash provided by operating activities $ 1.9 $ 81.7 $ — $ 83.6 Cash flows from investing activities: Acquisition of businesses, net of cash and cash equivalents acquired — (9.5 ) — (9.5 ) Additions of equipment under sales-type and direct financing leases — (19.7 ) — (19.7 ) Proceeds from collection of financing receivables — 1.1 — 1.1 Additions to equipment under operating leases — (0.3 ) — (0.3 ) Proceeds from disposition of equipment under operating leases — 0.6 — 0.6 Purchases of property and equipment — (4.7 ) — (4.7 ) Net cash used in investing activities — (32.5 ) — (32.5 ) Cash flows from financing activities: Proceeds from issuance of common stock under share-based compensation plans 1.5 1.4 — 2.9 Proceeds from the discounting of financing receivables — 17.8 — 17.8 Retirements of discounted financing receivables — (0.2 ) — (0.2 ) Repayments of term loans — (25.0 ) — (25.0 ) Net change in accounts payable — floor plan — (49.2 ) — (49.2 ) Net cash provided by (used in) financing activities 1.5 (55.2 ) — (53.7 ) Net increase (decrease) in cash and cash equivalents 3.4 (6.0 ) — (2.6 ) Cash and cash equivalents: Beginning of the period 0.7 26.8 — 27.5 End of the period $ 4.1 $ 20.8 $ — $ 24.9

Nature of Business and Signif35

Nature of Business and Significant Accounting Policies - Additional Information (Details)	Mar. 15, 2017$ / sharesshares	Feb. 24, 2017
Subsidiary, Sale of Stock [Line Items]
Stock split conversion ratio		2
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in IPO	18,766,465
Over-Allotment Option [Member]
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in IPO	2,099,799
Price per share (in usd per share) | $ / shares	$ 14

Prepaid Expenses and Other Cu36

Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Partner incentive program receivable	$ 39.4	$ 26.2
Deferred product costs and other current assets	44.9	37.2
Total prepaid expenses and other current assets	$ 84.3	$ 63.4

Financing Receivables and Ope37

Financing Receivables and Operating Leases - Finance Receivables (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Financing receivables:
Minimum lease payments	$ 196	$ 201.4
Estimated net residual values	7.2	7.2
Unearned income	(10.2)	(10.2)
Provision for credit losses	(0.4)	(0.6)
Total, net	192.6	197.8
Reported as:
Current	82.9	84.2
Long-term	109.7	113.6
Discounted financing receivables:
Nonrecourse	177.9	183.7
Recourse	0	0
Total	177.9	183.7
Reported as:
Current	78.3	79.3
Long-term	99.6	104.4
Discounted Leases [Member]
Financing receivables:
Minimum lease payments	192.9	197.2
Estimated net residual values	0	0
Unearned income	(9.5)	(9.4)
Provision for credit losses	0	0
Total, net	183.4	187.8
Reported as:
Current	79.8	80.8
Long-term	103.6	107
Discounted financing receivables:
Nonrecourse	177.9	183.7
Recourse	0	0
Total	177.9	183.7
Reported as:
Current	78.3	79.3
Long-term	99.6	104.4
Non-Discounted Leases [Member]
Financing receivables:
Minimum lease payments	3.1	4.2
Estimated net residual values	7.2	7.2
Unearned income	(0.7)	(0.8)
Provision for credit losses	(0.4)	(0.6)
Total, net	9.2	10
Reported as:
Current	3.1	3.4
Long-term	6.1	6.6
Discounted financing receivables:
Nonrecourse	0	0
Recourse	0	0
Total	0	0
Reported as:
Current	0	0
Long-term	$ 0	$ 0

Financing Receivables and Ope38

Financing Receivables and Operating Leases - Operating Leases (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Leases [Abstract]
Equipment under operating leases	$ 3.8		$ 4.6
Accumulated depreciation	(2.6)		(2.9)
Total equipment under operating leases, net	1.2		$ 1.7
Property Subject to Operating Lease [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Depreciation	$ 0.3	$ 0.5

Financing Receivables and Ope39

Financing Receivables and Operating Leases - Discounted Operating Leases (Details) - Discounted Leases [Member] - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Discounted operating leases:
Current	$ 0.6	$ 0.7
Noncurrent	0.2	0.2
Total	$ 0.8	$ 0.9

Property and Equipment - Proper

Property and Equipment - Property and Equipment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 66.6	$ 60.7
Accumulated depreciation and amortization	(31.6)	(28.6)
Total property and equipment, net	35	32.1
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 5.5	5.3
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 26.1	22.2
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Total property and equipment	$ 20.9	19.9
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 14.1	$ 13.3

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 20.6	$ 20.4
Depreciation and Amortization [Member]
Property, Plant and Equipment [Line Items]
Depreciation and amortization	2.2	2
Cost of Service Revenue [Member]
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 1.1	$ 0.9

Goodwill and Identifiable Int42

Goodwill and Identifiable Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 18.4	$ 18.4
Weighted Average [Member]
Finite-Lived Intangible Assets [Line Items]
Range of life	7 years 5 months		7 years 8 months 12 days
Series of Individually Immaterial Business Acquisitions [Member]
Finite-Lived Intangible Assets [Line Items]
Increase in goodwill	$ 2.6
Increase in finite-lived intangible assets	$ 4.3

Goodwill and Identifiable Int43

Goodwill and Identifiable Intangible Assets - Identifiable Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Total intangible assets
Gross amount	$ 921.2		$ 916.9
Total, net	737.8		751.9
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	(183.4)		(165)
Total	532.8
Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets	205		205
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	707		703.2
Accumulated amortization	(177.3)		(159.8)
Total	$ 529.7		$ 543.4
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Range of life	5 years	5 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Range of life	10 years	10 years
Developed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Range of life	5 years		5 years
Gross amount	$ 3.6		$ 3.6
Accumulated amortization	(1.8)		(1.6)
Total	$ 1.8		$ 2
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Range of life	2 years		2 years
Gross amount	$ 5.6		$ 5.1
Accumulated amortization	(4.3)		(3.6)
Total	$ 1.3		$ 1.5

Goodwill and Identifiable Int44

Goodwill and Identifiable Intangible Assets - Future Amortization Expense (Details) $ in Millions	Sep. 30, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2018 (remaining nine months)	$ 55.2
2,019	71.9
2,020	71.6
2,021	71.1
2,022	71.1
2023 and thereafter	191.9
Total	$ 532.8

Accounts Payable - Floor Plan (

Accounts Payable - Floor Plan (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Line of Credit Facility [Line Items]
Accounts payable – floor plan	$ 215.7	$ 264.9
Line of Credit [Member] | Secured Debt [Member]
Line of Credit Facility [Line Items]
Payables repayment period	90 days
Aggregate availability	$ 325	$ 325

Accrued Expenses and Other Cu46

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Payables and Accruals [Abstract]
Accrued compensation	$ 50.4	$ 64.5
Accrued interest	8.5	11.7
Accrued equipment purchases/vendor expenses	47.8	78.3
Accrued income taxes	16.2	7.3
Accrued non-income taxes	7.2	7.4
Customer deposits	3.4	5.1
Unearned revenue	41.6	40
Other accrued expenses and current liabilities	1.6	2
Total accrued expenses and other current liabilities	$ 176.7	$ 216.3

Long-Term Debt and Credit Agr47

Long-Term Debt and Credit Agreements - Long-term Debt (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Debt Instrument [Line Items]
Total long-term debt	$ 726.6	$ 751.6
Unamortized debt issuance costs	(19.1)	(20.9)
Total long-term debt, net of debt issuance costs	707.5	730.7
Reported as:
Current	0	0
Long-term	707.5	730.7
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	0	0
Line of Credit [Member] | Receivables Securitization Loan [Member]
Debt Instrument [Line Items]
Total long-term debt	0	0
Term Loan Facility [Member]
Debt Instrument [Line Items]
Total long-term debt	601.6	626.6
Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 125	$ 125
Reported as:
Stated interest rate (percent)	10.25%
Senior Subordinated Notes [Member]
Reported as:
Stated interest rate (percent)	10.25%

Long-Term Debt and Credit Agr48

Long-Term Debt and Credit Agreements - Narrative (Details) - USD ($)	Jul. 31, 2017	Sep. 30, 2017	Sep. 30, 2016
Debt Instrument [Line Items]
Repayments of term loans		$ 25,000,000	$ 1,800,000
Loss on extinguishment of debt		700,000	$ 0
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Amount outstanding		0
Available borrowing capacity		48,500,000
Line of Credit [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Amount outstanding		1,500,000
Line of Credit [Member] | Receivables Securitization Loan [Member]
Debt Instrument [Line Items]
Amount outstanding		0
Available borrowing capacity		$ 250,000,000
Term Loan Facility [Member] | February 2015 Term Loan [Member]
Debt Instrument [Line Items]
Repayments of term loans	$ 25,000,000
Loss on extinguishment of debt	$ 700,000

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term loan	$ 601.6	$ 626.6
Senior notes	125	125
Total	726.6	751.6
Fair Value Measurement [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term loan	0	0
Senior notes	0	0
Total	0	0
Fair Value Measurement [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term loan	603.1	627.4
Senior notes	137.5	138.8
Total	740.6	766.2
Fair Value Measurement [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term loan	0	0
Senior notes	0	0
Total	$ 0	$ 0

Share-based Compensation - Narr

Share-based Compensation - Narrative (Details) $ in Millions	Oct. 03, 2017shares	Sep. 30, 2017USD ($)shares	Sep. 30, 2017USD ($)installmentshares
Service Based Options and Roll Over Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised in period (in shares)			451,062
Forfeited (in shares)			288,086
Total options outstanding (in shares)		6,255,443	6,255,443
Vested (in shares)			2,307,564
Performance-based Stock Options and Market Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited (in shares)			299,998
Options outstanding (in shares)		3,153,038	3,153,038
Non-qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation costs | $		$ 10.9	$ 10.9
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation costs | $		$ 2	$ 2
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for issuance (in shares)		1,392,280	1,392,280
Employee contributions in period | $		$ 0.9
Employee Stock Purchase Plan [Member] | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amount of shares purchased by ESPP in period (in shares)	50,185
2015 and 2017 LTIP [Member] | Non-qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation costs | $		$ 8.9	$ 8.9
2017 LTIP [Member] | Service-based Non-qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)			193,000
Number of installments | installment			4
2017 LTIP [Member] | Service-based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			2 years
Number of installments | installment			2
Granted in period (in shares)			150,000

Share-based Compensation - Shar

Share-based Compensation - Share-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 0.8	$ 0.5
Selling expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	0.4	0.2
General and administrative expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 0.4	$ 0.3

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Weighted Average Number of Shares to Compute Basic and Diluted EPS(Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Numerator:
Earnings	$ 19.8	$ 5.6
Denominator:
Weighted-average shares – basic	91,169,612	71,932,470
Effect of dilutive securities:
Share-based awards (in shares)	4,877,124	1,949,056
Weighted-average shares – diluted	96,046,736	73,881,526
Earnings per share:
Basic (in dollars per share)	$ 0.22	$ 0.08
Diluted (in dollars per share)	$ 0.21	$ 0.08

Earnings Per Share - Potentiall

Earnings Per Share - Potentially Dilutive Securities (Details) - shares	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based awards excluded from EPS	2,288,951	3,993,376
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based awards excluded from EPS	1,931,611	460,520
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based awards excluded from EPS	357,340	3,532,856

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income tax expense	$ 11.3	$ 4
Effective tax rate	36.30%	41.70%
Excess benefit deduction amount	$ 1.2
Percent of excess benefit deduction	3.90%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Affiliated Entity [Member] | Apollo Global Management, LLC [Member]
Related Party Transaction [Line Items]
Revenue from related parties	$ 0.6	$ 0.2
Receivable from related parties	0.7		$ 1.7
Management [Member]
Related Party Transaction [Line Items]
Rent expense	$ 0.1	$ 0.1

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Revenue from External Customer [Line Items]
Total revenue	$ 765	$ 737.7
Cloud [Member]
Revenue from External Customer [Line Items]
Total revenue	135.5	111.7
Security [Member]
Revenue from External Customer [Line Items]
Total revenue	109	66.7
Digital Infrastructure [Member]
Revenue from External Customer [Line Items]
Total revenue	$ 520.5	$ 559.3

Supplemental Consolidating In57

Supplemental Consolidating Information - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2017	Jun. 30, 2017	Sep. 30, 2016	Jun. 30, 2016
Current Assets
Cash and cash equivalents	$ 24.9	$ 27.5	$ 47.7	$ 33
Accounts receivable, net	564.4	576.3
Unbilled accounts receivable, net	190.2	159.8
Financing receivables, current portion	82.9	84.2
Inventory	25.9	27.7
Prepaid expenses and other current assets	84.3	63.4
Total current assets	972.6	938.9
Property and equipment, net	35	32.1
Deferred tax asset	0	0
Financing receivables, less current portion	109.7	113.6
Goodwill	784.1	781.5
Identifiable intangible assets, net	737.8	751.9
Other assets	33	32.7
Total assets	2,672.2	2,650.7
Current Liabilities
Accounts payable – trade	473.5	350.5
Accounts payable – floor plan	215.7	264.9
Accrued expenses and other current liabilities	176.7	216.3
Discounted financing receivables, current portion	78.9	79.9
Total current liabilities	944.8	911.6
Long-term debt, net of debt issuance costs and current maturities	707.5	730.7
Discounted financing receivables, less current portion	99.8	104.7
Deferred income tax liabilities	264.9	270.4
Other liabilities	28.8	30.4
Total liabilities	2,045.8	2,047.8
Total stockholders’ equity	626.4	602.9
Total liabilities and stockholders’ equity	2,672.2	2,650.7
Intercompany Eliminations [Member]
Current Assets
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Unbilled accounts receivable, net	0	0
Financing receivables, current portion	0	0
Inventory	0	0
Prepaid expenses and other current assets	(10.4)	(7)
Total current assets	(10.4)	(7)
Property and equipment, net	0	0
Deferred tax asset	(2.6)	(2.7)
Financing receivables, less current portion	0	0
Goodwill	0	0
Identifiable intangible assets, net	0	0
Other assets	(627.2)	(605.2)
Total assets	(640.2)	(614.9)
Current Liabilities
Accounts payable – trade	0	0
Accounts payable – floor plan	0	0
Accrued expenses and other current liabilities	(10.4)	(7)
Discounted financing receivables, current portion	0	0
Total current liabilities	(10.4)	(7)
Long-term debt, net of debt issuance costs and current maturities	0	0
Discounted financing receivables, less current portion	0	0
Deferred income tax liabilities	(2.6)	(2.7)
Other liabilities	0	0
Total liabilities	(13)	(9.7)
Total stockholders’ equity	(627.2)	(605.2)
Total liabilities and stockholders’ equity	(640.2)	(614.9)
Presidio, Inc. [Member] | Reportable Legal Entities [Member]
Current Assets
Cash and cash equivalents	4.1	0.7	26.4	26.1
Accounts receivable, net	0	0
Unbilled accounts receivable, net	0	0
Financing receivables, current portion	0	0
Inventory	0	0
Prepaid expenses and other current assets	1.4	1.3
Total current assets	5.5	2
Property and equipment, net	0	0
Deferred tax asset	2.6	2.7
Financing receivables, less current portion	0	0
Goodwill	0	0
Identifiable intangible assets, net	0	0
Other assets	627.2	605.2
Total assets	635.3	609.9
Current Liabilities
Accounts payable – trade	0	0
Accounts payable – floor plan	0	0
Accrued expenses and other current liabilities	9	7
Discounted financing receivables, current portion	0	0
Total current liabilities	9	7
Long-term debt, net of debt issuance costs and current maturities	0	0
Discounted financing receivables, less current portion	0	0
Deferred income tax liabilities	0	0
Other liabilities	0	0
Total liabilities	9	7
Total stockholders’ equity	626.3	602.9
Total liabilities and stockholders’ equity	635.3	609.9
Presidio Holdings Inc. & Subsidiaries [Member] | Reportable Legal Entities [Member]
Current Assets
Cash and cash equivalents	20.8	26.8	$ 21.3	$ 6.9
Accounts receivable, net	564.4	576.3
Unbilled accounts receivable, net	190.2	159.8
Financing receivables, current portion	82.9	84.2
Inventory	25.9	27.7
Prepaid expenses and other current assets	93.3	69.1
Total current assets	977.5	943.9
Property and equipment, net	35	32.1
Deferred tax asset	0	0
Financing receivables, less current portion	109.7	113.6
Goodwill	784.1	781.5
Identifiable intangible assets, net	737.8	751.9
Other assets	33	32.7
Total assets	2,677.1	2,655.7
Current Liabilities
Accounts payable – trade	473.5	350.5
Accounts payable – floor plan	215.7	264.9
Accrued expenses and other current liabilities	178.1	216.3
Discounted financing receivables, current portion	78.9	79.9
Total current liabilities	946.2	911.6
Long-term debt, net of debt issuance costs and current maturities	707.5	730.7
Discounted financing receivables, less current portion	99.8	104.7
Deferred income tax liabilities	267.5	273.1
Other liabilities	28.8	30.4
Total liabilities	2,049.8	2,050.5
Total stockholders’ equity	627.3	605.2
Total liabilities and stockholders’ equity	$ 2,677.1	$ 2,655.7

Supplemental Consolidating In58

Supplemental Consolidating Information - Condensed Consolidating Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Condensed Financial Statements, Captions [Line Items]
Total revenue	$ 765	$ 737.7
Total cost of revenue	608.6	589.1
Gross margin	156.4	148.6
Operating expenses
Selling, general and administrative, and transaction costs	91.7	97.9
Depreciation and amortization	20.6	20.4
Total operating expenses	112.3	118.3
Operating income	44.1	30.3
Interest and other (income) expense
Interest expense	12.4	20.7
Loss on extinguishment of debt	0.7	0
Other (income) expense, net	(0.1)	0
Total interest and other (income) expense	13	20.7
Income before income taxes	31.1	9.6
Income tax expense	11.3	4
Net income	19.8	5.6
Intercompany Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Total revenue	0	0
Total cost of revenue	0	0
Gross margin	0	0
Operating expenses
Selling, general and administrative, and transaction costs	0	0
Depreciation and amortization	0	0
Total operating expenses	0	0
Operating income	0	0
Interest and other (income) expense
Interest expense	0	0
Loss on extinguishment of debt	0	0
Other (income) expense, net	19.8	5.6
Total interest and other (income) expense	19.8	5.6
Income before income taxes	(19.8)	(5.6)
Income tax expense	0	0
Net income	(19.8)	(5.6)
Presidio, Inc. [Member] | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Total revenue	0	0
Total cost of revenue	0	0
Gross margin	0	0
Operating expenses
Selling, general and administrative, and transaction costs	0	0
Depreciation and amortization	0	0
Total operating expenses	0	0
Operating income	0	0
Interest and other (income) expense
Interest expense	0	0
Loss on extinguishment of debt	0	0
Other (income) expense, net	(19.8)	(5.6)
Total interest and other (income) expense	(19.8)	(5.6)
Income before income taxes	19.8	5.6
Income tax expense	0	0
Net income	19.8	5.6
Presidio Holdings Inc. & Subsidiaries [Member] | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Total revenue	765	737.7
Total cost of revenue	608.6	589.1
Gross margin	156.4	148.6
Operating expenses
Selling, general and administrative, and transaction costs	91.7	97.9
Depreciation and amortization	20.6	20.4
Total operating expenses	112.3	118.3
Operating income	44.1	30.3
Interest and other (income) expense
Interest expense	12.4	20.7
Loss on extinguishment of debt	0.7	0
Other (income) expense, net	(0.1)	0
Total interest and other (income) expense	13	20.7
Income before income taxes	31.1	9.6
Income tax expense	11.3	4
Net income	$ 19.8	$ 5.6

Supplemental Consolidating In59

Supplemental Consolidating Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	$ 83.6	$ 20.8
Cash flows from investing activities:
Proceeds from collection of escrow related to acquisition of business	0	0.6
Acquisition of businesses, net of cash and cash equivalents acquired	(9.5)	0
Additions of equipment under sales-type and direct financing leases	(19.7)	(34.3)
Proceeds from collection of financing receivables	1.1	3.3
Additions to equipment under operating leases	(0.3)	(0.5)
Proceeds from disposition of equipment under operating leases	0.6	0.2
Purchases of property and equipment	(4.7)	(3.3)
Net cash used in investing activities	(32.5)	(34)
Cash flows from financing activities:
Proceeds from issuance of common stock under share-based compensation plans	2.9	0
Proceeds from the discounting of financing receivables	17.8	33.9
Retirements of discounted financing receivables	(0.2)	(4.1)
Net repayments on the receivables securitization facility	0	(5)
Repayments of term loans	(25)	(1.8)
Net change in accounts payable — floor plan	(49.2)	4.9
Net cash provided by (used in) financing activities	(53.7)	27.9
Net increase (decrease) in cash and cash equivalents	(2.6)	14.7
Cash and cash equivalents:
Beginning of the period	27.5	33
End of the period	24.9	47.7
Intercompany Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	0
Cash flows from investing activities:
Proceeds from collection of escrow related to acquisition of business		0
Acquisition of businesses, net of cash and cash equivalents acquired	0
Additions of equipment under sales-type and direct financing leases	0	0
Proceeds from collection of financing receivables	0	0
Additions to equipment under operating leases	0	0
Proceeds from disposition of equipment under operating leases	0	0
Purchases of property and equipment	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Proceeds from issuance of common stock under share-based compensation plans	0
Proceeds from the discounting of financing receivables	0	0
Retirements of discounted financing receivables	0	0
Net repayments on the receivables securitization facility		0
Repayments of term loans	0	0
Net change in accounts payable — floor plan	0	0
Net cash provided by (used in) financing activities	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents:
Beginning of the period	0	0
End of the period	0	0
Presidio, Inc. [Member] | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	1.9	0.3
Cash flows from investing activities:
Proceeds from collection of escrow related to acquisition of business		0
Acquisition of businesses, net of cash and cash equivalents acquired	0
Additions of equipment under sales-type and direct financing leases	0	0
Proceeds from collection of financing receivables	0	0
Additions to equipment under operating leases	0	0
Proceeds from disposition of equipment under operating leases	0	0
Purchases of property and equipment	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Proceeds from issuance of common stock under share-based compensation plans	1.5
Proceeds from the discounting of financing receivables	0	0
Retirements of discounted financing receivables	0	0
Net repayments on the receivables securitization facility		0
Repayments of term loans	0	0
Net change in accounts payable — floor plan	0	0
Net cash provided by (used in) financing activities	1.5	0
Net increase (decrease) in cash and cash equivalents	3.4	0.3
Cash and cash equivalents:
Beginning of the period	0.7	26.1
End of the period	4.1	26.4
Presidio Holdings Inc. & Subsidiaries [Member] | Reportable Legal Entities [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	81.7	20.5
Cash flows from investing activities:
Proceeds from collection of escrow related to acquisition of business		0.6
Acquisition of businesses, net of cash and cash equivalents acquired	(9.5)
Additions of equipment under sales-type and direct financing leases	(19.7)	(34.3)
Proceeds from collection of financing receivables	1.1	3.3
Additions to equipment under operating leases	(0.3)	(0.5)
Proceeds from disposition of equipment under operating leases	0.6	0.2
Purchases of property and equipment	(4.7)	(3.3)
Net cash used in investing activities	(32.5)	(34)
Cash flows from financing activities:
Proceeds from issuance of common stock under share-based compensation plans	1.4
Proceeds from the discounting of financing receivables	17.8	33.9
Retirements of discounted financing receivables	(0.2)	(4.1)
Net repayments on the receivables securitization facility		(5)
Repayments of term loans	(25)	(1.8)
Net change in accounts payable — floor plan	(49.2)	4.9
Net cash provided by (used in) financing activities	(55.2)	27.9
Net increase (decrease) in cash and cash equivalents	(6)	14.4
Cash and cash equivalents:
Beginning of the period	26.8	6.9
End of the period	$ 20.8	$ 21.3