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Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Summary of financial assets that were accounted for at fair value

The following tables summarize the amortized cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category for cash, cash equivalents and short‑term investments (in thousands):

 

 

 

June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Fair Value

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Cash and

Cash

Equivalents

 

 

Short-term

Investments

 

Cash

 

$

83,083

 

 

$

 

 

$

 

 

$

83,083

 

 

$

 

Level 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

83,083

 

 

$

 

 

$

 

 

$

83,083

 

 

$

 

 

 

 

June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Fair Value

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Cash and

Cash

Equivalents

 

 

Short-term

Investments

 

Cash

 

$

70,515

 

 

$

 

 

$

 

 

$

70,515

 

 

$

 

Level 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

1,569

 

 

 

 

 

 

 

 

 

1,569

 

 

 

 

Level 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities

 

 

23,998

 

 

 

 

 

 

(89

)

 

 

 

 

 

23,909

 

Total

 

$

96,082

 

 

$

 

 

$

(89

)

 

$

72,084

 

 

$

23,909

 

 

Summary of carrying values and estimated fair values of short-term and long-term debt

The following table summarizes the carrying value and estimated fair value of Credit Facilities and Notes (in thousands):

 

 

 

June 30, 2018

 

 

June 30, 2017

 

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

3.75% Convertible Notes

 

$

69,382

 

 

$

70,742

 

 

$

 

 

$

 

3.50% Convertible Notes

 

 

 

 

 

 

 

 

44,099

 

 

 

48,146

 

3.50% Series A Convertible Notes

 

 

 

 

 

 

 

 

68,924

 

 

 

74,982

 

Term Loan Facility

 

 

38,010

 

 

 

38,010

 

 

 

 

 

 

 

Revolving Credit Facility

 

 

23,685

 

 

 

23,685

 

 

 

51,548

 

 

 

51,548

 

Total

 

$

131,077

 

 

$

132,437

 

 

$

164,571

 

 

$

174,676