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Borrowings (Tables)
6 Months Ended
Dec. 25, 2015
Total Borrowing, Including Revolving and Long-Term Borrowings

The Company’s total borrowing, including revolving and long-term borrowings, consisted of the following:

 

(amount in thousands)                        

Rate (1)

  

Conditions

  

Maturity

   As of
December 25,
2015
     As of
June 26,
2015
 

Short-term borrowing:

        

Revolving borrowing:

        

LIBOR + 1.75% per annum

  

Repayable in

1 to 6 months

   January 2016 (2)    $ 48,000       $ 30,000   

Current portion of long-term borrowing

     6,000         6,000   
        

 

 

    

 

 

 
   $ 54,000       $ 36,000   
        

 

 

    

 

 

 

Long-term borrowing:

        

LIBOR + 2.8% per annum

   Repayable in quarterly installments within 6 years    March 2017    $ 7,500       $ 10,500   

Less: Current portion

     (6,000      (6,000
        

 

 

    

 

 

 

Non-current portion

   $ 1,500       $ 4,500   
        

 

 

    

 

 

 

 

(1)  LIBOR is London Interbank Offered Rate.
(2)  In January 2016, the maturity date of these revolving borrowings were extended to mature in February 2016.
Movements of Long-Term Loans

The movements of long-term loans were as follows for the six months ended December 25, 2015 and December 26, 2014:

 

     Six Months Ended  
(amount in thousands)    December 25,
2015
     December 26,
2014
 

Opening book amount

   $ 10,500       $ 16,500   

Repayment during the period

     (3,000      (3,000
  

 

 

    

 

 

 

Closing book amount

   $ 7,500       $ 13,500   
  

 

 

    

 

 

 
Future Maturities of Long-Term Debt

As of December 25, 2015, future maturities of long-term debt during each fiscal year were as follows:

 

(amount in thousands)       

2016

   $ 3,000   

2017

     4,500   
  

 

 

 

Total

   $ 7,500   
  

 

 

 
Undrawn Available Credit Facilities Classified by Available Period of Future Borrowing

Undrawn available credit facilities classified by available period of future borrowing as of December 25, 2015 and June 26, 2015 were as follows:

 

(amount in thousands)    December 25,
2015
     June 26,
2015
 

Short-term

   $ 1,386       $ 1,480   

Long-term

   $ 152,000       $ 170,000