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Debt
9 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Debt
Debt
REVOLVING CREDIT FACILITY
On June 27, 2017, the Company amended its revolving credit facility to increase and extend the borrowing capacity of its existing revolving credit facility into a $400,000, 5-year revolving credit line expiring in June 2022 (“the Revolver”). As of March 31, 2018, the Company's outstanding balance of unamortized deferred financing costs was $5,659, which is being amortized to other income (expense), net on a straight line basis over the new term of the Revolver. The Company drew $195,000 from the Revolver to facilitate the completion of the Merger Agreement for the acquisition of both Ceres and its wholly-owned subsidiary, Themis.
As of March 31, 2018, the Company was in compliance with all covenants and conditions under the Revolver and there was outstanding borrowings of $195,000 against the Revolver, resulting in interest expense of $999 and $1,101 for the three and nine months ended March 31, 2018, respectively. There were outstanding letters of credit of $2,771 as of March 31, 2018.