Debt (Tables)

9 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Schedule of debt

As of the dates indicated, the Company’s debt consisted of the following:

(in thousands)	March 31, 2015		June 30, 2014
Credit Facility	$	27,450	$	26,800
Mandatorily redeemable preferred stock, net of discount of $1,270 and $1,561, respectively		5,092		4,801
Total debt		32,542		31,601
Less: short-term portion		27,450		—
Long-term debt	$	5,092	$	31,601

Schedule by fiscal year of future principal payments of debt

The following is a schedule by fiscal year of future principal payments required under the Company’s outstanding debt as of March 31, 2015:

(in thousands)
Fiscal Years Ending June 30,
	2016	$	27,450
	2017		—
	2018		—
	2019		6,362
	Total		33,812
	Discount		(1,270	)
	Total, net value	$	32,542