Supplemental Cash Flow Information

12 Months Ended

Jun. 30, 2016

Supplemental Cash Flow Information [Abstract]

22. SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information

The following table presents the supplemental cash flow disclosures for the years ended June 30, 2016, 2015 and 2014:

		2016		2015		2014
Cash received from interest	$	15,262	$	16,399	$	14,703
Cash paid for interest	$	3,439	$	4,360	$	6,969
Cash paid for income taxes	$	42,123	$	45,459	$	42,417

Financing activities

Treasury shares, at cost included in the Company's consolidated balance sheet as of June 30, 2016, includes 47,056 shares of the Company's common stock acquired for approximately $0.5 million which were paid for on July 1, 2016. The liability for this payment was included in accounts payable on the Company's consolidated balance sheet as of June 30, 2016.

As discussed in Note 3, on January 20, 2016, the Company issued 391,645 shares of its common stock with an aggregate issue date fair value of approximately $4.0 million as part consideration for the Company's 56% interest in Transact24.

As discussed in Note 18, during the year ended June 30, 2015, employees exercised stock options through the delivery 336,584 shares of the Company's common stock at the closing price on September 9, 2014 or $13.93 under the terms of their option agreements. These shares are included in the Company's total share count and amount reflected as treasury shares on the consolidated balance sheet as of June 30, 2015 and consolidated statement of changes in equity for the year ended June 30, 2015.

The cash flows associated with the December 2013 BEE transactions and buy back of shares from the BEE partners as described in Note 14 were all denominated in South African rand and net settled and there were no actual cash flow transactions between the parties. The Company would have recorded the following movements in its investing and financing activities in its consolidated statement of cash flows for the year ended June 30, 2014, if cash had actually flowed between the parties as follows:

		2014
Cash (used in ) provided by investing activities:
Loans provided to BEE partners	$	(25,054	)
Loans repaid by BEE partners	$	24,574

Cash provided by (used in) financing activities:
Issue of shares of the Company's common stock to BEE partners	$	25,054
Purchase of shares from BEE partners	$	(24,858	)

In addition, the equity instrument charges discussed in Note 17 and expensed during the year ended June 30, 2014 are book entries and were not paid in cash.