Defined Benefit Pension Obligation (Tables)

12 Months Ended

Jun. 30, 2017

Defined Benefit Pension Obligation

Schedule of funded status

        The following table presents the funded status of the defined benefit pension plan (in thousands):

	June 30,
	2017			2016
Change in benefit obligation:
Benefit obligation—beginning of fiscal year	$	12,435		$	8,861
Service cost		1,996			1,903
Interest cost		49			76
Plan participants' contributions		1,945			2,239
Plan amendment		—			(490	)
Actuarial (gain) loss		(846	)		1,163
Foreign currency changes		265			(347	)
Benefit and expense payments		(1,865	)		(970	)
Benefit obligation—end of fiscal year	$	13,979		$	12,435
Change in plan assets:
Plan assets—beginning of fiscal year	$	9,572		$	7,184
Employer contributions		1,283			1,226
Actual return on plan assets		137			176
Plan participants' contributions		1,945			2,239
Foreign currency changes		221			(283	)
Benefit and expense payments		(1,865	)		(970	)
Plan assets—end of fiscal year	$	11,293		$	9,572
Funded status	$	(2,686	)	$	(2,863	)
Amounts recognized within the consolidated balance sheets:
Assets	$	—		$	—
Long-term other liabilities		(2,686	)		(2,863	)
Net amount recognized	$	(2,686	)	$	(2,863	)

Schedule of amounts recognized in accumulated other comprehensive loss (before tax)

        The following table presents the amounts recognized in accumulated other comprehensive loss (before tax) for the defined benefit pension plan (in thousands):

	June 30,
	2017			2016
Net loss	$	(2,066	)	$	(1,517	)
Prior service cost (credit)		949			(549	)
Accumulated other comprehensive loss	$	(1,117	)	$	(2,066	)

Schedule of projected benefit obligations, accumulated benefit obligation and fair value of plan assets where accumulated benefit obligation exceeded fair value of plan assets

        The following table presents the projected benefit obligation, accumulated benefit obligation and fair value of plan assets for this defined benefit pension plan where accumulated benefit obligation exceeded the fair value of plan assets (in thousands):

	June 30,
	2017		2016
Projected benefit obligation	$	13,979	$	12,435
Accumulated benefit obligation	$	11,293	$	9,572
Fair value of plan assets	$	11,293	$	9,572

Components of net periodic benefit cost and other amounts recognized in other comprehensive loss

        The following table shows the components of the Company's net periodic benefit costs and the other amounts recognized in other comprehensive loss, before tax, related to the Company's defined benefit pension plan (in thousands):

	Year ended June 30,
	2017			2016			2015
Net Periodic Benefit Costs:
Service cost	$	1,996		$	1,903		$	980
Interest cost		49			76			107
Expected returns on assets		(132	)		(102	)		(92	)
Amortization of prior service cost (credit)		(46	)		—			—
Amortization of net loss		114			53			3
Net periodic benefit costs		1,981			1,930			998
Other Amounts Recognized in Other Comprehensive Loss:
Net (gain) loss arising during the year		(881	)		1,093			953
Prior service cost (credit)		46			(491	)		—
Amortization of net (gain) loss		(114	)		(53	)		(3	)
Total recognized in other comprehensive loss		(949	)		549			950
Total recognized in net periodic benefit costs and other comprehensive loss	$	1,032		$	2,479		$	1,948

Schedule of amounts in accumulated other comprehensive loss that are expected to be recognized

        The amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit cost during fiscal year 2018 related to the Company's defined benefit pension plan are as follows (in thousands):

	2018
Net loss	$	1,582
Prior service cost (credit)		(429	)
Accumulated other comprehensive loss	$	1,153

Schedule of assumptions used to determine net periodic benefit cost and benefit obligation

	Fiscal Years
	2017			2016			2015
Net Periodic Benefit Costs:
Discount rate		0.70	%		0.40	%		0.90	%
Rate of compensation increase		2.00	%		2.00	%		2.00	%
Expected long-term return on assets		1.40	%		1.40	%		1.50	%

	June 30,
	2017			2016
Benefit Obligation:
Discount rate		1.40	%		1.40	%
Rate of compensation increase		2.00	%		2.00	%

Schedule of estimated future benefit payments

        Estimated future benefit payments to the defined benefit pension plan at June 30, 2017 were as follows (in thousands):

Year Ending June 30,	Future Benefits
2018	$	1,048
2019		965
2020		905
2021		858
2022		819
Thereafter		4,283
Total	$	8,878