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Debt (Tables)
9 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Schedule of carrying values of all Debt

 

The following table presents the carrying value of all Debt (in thousands):

 

As of  March 31, 2018

 

Revolving

Credit

Facility

 

 

3.75%

Convertible

Notes

 

 

Term Loan

Facility

 

 

Total

 

Carrying amount of equity conversion component

 

$

 

 

$

14,650

 

 

$

 

 

$

14,650

 

Principal amount of the Notes

 

$

28,007

 

 

$

85,000

 

 

$

40,000

 

 

$

153,007

 

Unamortized debt costs

 

 

 

 

 

(3,501

)

 

 

(1,862

)

 

$

(5,363

)

Unamortized debt discount

 

 

 

 

 

(12,901

)

 

 

(422

)

 

$

(13,323

)

Net carrying amount

 

$

28,007

 

 

$

68,598

 

 

$

37,716

 

 

$

134,321

 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

$

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

134,321

 

Total debt

 

 

 

 

 

 

 

 

 

 

 

 

 

$

134,321

 

 

As of June 30, 2017

 

Revolving

Credit

Facility

 

 

3.50%

Convertible

Notes

 

 

3.50%

Series A

Convertible

Notes

 

 

Total

 

Carrying amount of equity conversion component

 

$

 

 

$

 

 

$

7,844

 

 

$

7,844

 

Principal amount of the Notes

 

$

51,548

 

 

$

44,654

 

 

$

70,346

 

 

$

166,548

 

Unamortized debt costs

 

 

 

 

 

(555

)

 

 

 

 

 

(555

)

Unamortized debt discount

 

 

 

 

 

 

 

 

(1,422

)

 

 

(1,422

)

Net carrying amount

 

$

51,548

 

 

$

44,099

 

 

$

68,924

 

 

$

164,571

 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

$

113,023

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

51,548

 

Total debt

 

 

 

 

 

 

 

 

 

 

 

 

 

$

164,571

 

 

Summary of interest expense on all Convertible Debt

 

A summary of interest expense on the Debt is as follows (in thousands):

 

 

 

Three Months Ended

March 31,

 

 

Nine Months Ended

March 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Interest expense related to contractual interest coupon

 

$

2,608

 

 

$

2,255

 

 

$

7,444

 

 

$

7,125

 

Interest expense related to amortization of debt discount

 

 

862

 

 

 

661

 

 

 

2,589

 

 

 

2,117

 

Interest expense related to amortization of

   debt issuance costs

 

 

391

 

 

 

383

 

 

 

1,259

 

 

 

1,165

 

 

 

$

3,861

 

 

$

3,299

 

 

$

11,292

 

 

$

10,407