Fair Value Measurements

12 Months Ended

Jun. 30, 2011

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 7: FAIR VALUE MEASUREMENTS

Financial assets and liabilities measured at fair value on a recurring basis are as follows:

	Fair Value Measurements
					Quoted Prices in
					Active Markets				Significant Other			Significant
					for Identical Instruments				Observable Inputs			Unobservable Inputs
	Recorded Value				Level 1				Level 2			Level 3
June 30,	2011		2010		2011		2010		2011	2010		2011	2010
Assets:
Marketable securities	$	10,881	$	8,592	$	10,881	$	8,592
Liabilities:
Cross-currency swaps			$	10,910						$	10,910
Interest rate swap				316							316
Total Liabilities			$	11,226						$	11,226

Marketable securities in the previous table are held in a rabbi trust for a non-qualified deferred compensation plan. The marketable securities are included in other assets in the consolidated balance sheets. The fair values were derived using quoted market prices.

Fair values for cross-currency and interest rate swaps shown in the previous table were derived based on valuation models using foreign currency exchange rates and inputs readily available in the public swap markets for similar instruments adjusted for terms specific to these instruments. Since the inputs used to value these instruments were observable and the counterparties were creditworthy, the Company classified them as Level 2 inputs. These liabilities have been settled in fiscal 2011, the balances at June 30, 2010 were included in other current liabilities in the consolidated balance sheets.