Fair Value Measurement (Tables)

6 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Our financial assets and liabilities measured at fair value on a recurring basis consisted of the following types of instruments as of December 31, 2017 and June 30, 2017:

December 31, 2017

June 30, 2017

Fair Market Measurements using:

Fair Market Measurements using:

December 31, 2017

Quoted prices in active markets for identical assets/ (liabilities)

Significant other observable inputs

Significant unobservable inputs

June 30, 2017

Quoted prices in active markets for identical assets/ (liabilities)

Significant other observable inputs

Significant unobservable inputs

(Level 1)

(Level 2)

(Level 3)

(Level 1)

(Level 2)

(Level 3)

Financial Assets:

Marketable securities

N/A

N/A

N/A

N/A

$

3,023

N/A

$

3,023

N/A

Derivative financial instrument asset (note 16)

1,078

N/A

1,078

N/A

1,174

N/A

1,174

N/A

$

1,078

N/A

$

1,078

N/A

$

4,197

N/A

$

4,197

N/A

Fair Value, by Balance Sheet Grouping

A summary of our marketable securities outstanding as of December 31, 2017 and June 30, 2017 is as follows:

As of December 31, 2017

As of June 30, 2017

Cost

Gross Unrealized Gains

Gross Unrealized (Losses)

Estimated Fair Value

Cost

Gross Unrealized Gains

Gross Unrealized (Losses)

Estimated Fair Value

Marketable securities

N/A

N/A

N/A

N/A

$

2,406

$

617

$

—

$

3,023