Short-term and Long-term Obligations (Tables)

12 Months Ended

Jun. 30, 2016

Schedule of short-term and long-term obligations

Short-term and long-term obligations as of June 30, 2016 and 2015 consisted of the following (in thousands):



	June 30,
	2016			2015
Line of credit:
Bank of America (1)	$	62,199		$	59,699
CTBC Bank	10,100			9,700
Total lines of credit	72,299			69,399
Term loans:
Bank of America	933			3,733
CTBC Bank	20,357			21,280
Total term loans	21,290			25,013
Total debt	93,589			94,412
Current portion	(53,589		)	(93,479		)
Long-term portion	$	40,000		$	933

(1) In July 2016, $50,000,000 of the revolving line of credit was refinanced to a five-year term loan under the new credit agreement with Bank of America and was reclassified to long-term loan as of June 30, 2016.

Schedule of future minimum principal payments on debts excluding capital leases

The following table as of June 30, 2016, summarizes future minimum principal payments on the Company’s debts excluding capital leases (in thousands):



Fiscal Years Ending June 30,
2017	$	53,589
2018	10,000
2019	10,000
2020	10,000
2021	10,000
Thereafter	—
Total	$	93,589

In July 2016, the Company received $50,000,000 term loan proceeds from Bank of America and paid down the outstanding amounts under the revolving line of credit with Bank of America. The above table presents the future minimum principal payments on the Company's debts based on the latest credit agreements with Bank of America and CTBC Bank as of June 30, 2016.