Employee Benefit Plans

12 Months Ended

Jun. 30, 2016

Employee Benefit Plans

Employee Benefit Plans

13. Employee Benefit Plans

        The Company's employee savings and retirement plan is qualified under Section 401(k) of the United States Internal Revenue Code. Employees may make voluntary, tax-deferred contributions to the 401(k) Plan up to the statutorily prescribed annual limit. The Company makes discretionary matching contributions to the 401(k) Plan on behalf of employees up to the limit determined by the Board of Directors. The Company contributed $2.1 million, $2.3 million and $2.1 million to the 401(k) Plan during the years ended June 30, 2016, 2015 and 2014, respectively.