XML 39 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Notes on the Consolidated Balance Sheets - Long-term debt (Details)
Jul. 01, 2019
EUR (€)
Jul. 01, 2019
USD ($)
Mar. 28, 2018
Jun. 30, 2020
EUR (€)
Jun. 30, 2020
USD ($)
Jul. 01, 2019
USD ($)
Jun. 30, 2019
EUR (€)
Term loan              
Disclosure of detailed information about borrowings [line items]              
Line of credit facility, outstanding amount | € € 11,447,000            
Revolving credit facilities              
Disclosure of detailed information about borrowings [line items]              
Line of credit facility, outstanding amount | €       € 0     € 0
Spark Networks and Silicon Valley Bank senior facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Borrowings maturity, term     4 years        
$125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Line of credit facility, maximum amount of borrowing capacity 110,000,000         $ 125,000,000  
Facility fee payable € 3,533,000 $ 4,010,000          
Borrowings maturity, term 4 years 4 years          
Discount rate 3.00%         3.00%  
Debt discount € 3,172,000         $ 3,600,000  
Facility fee payable, transaction costs 2,747,000         3,118,000  
Facility fee payable, initial commitment fee 529,000         600,000  
Minimum liquidity threshold | $   $ 10,000,000          
$125 million senior secured facilities agreement | Revolving credit facilities              
Disclosure of detailed information about borrowings [line items]              
Facility fee payable, transaction costs 115,000         130,000  
Facility fee payable, initial commitment fee 11,000         12,000  
Facility fee payable, upfront fee 132,000         150,000  
$120 million senior secured term loan | Term loan              
Disclosure of detailed information about borrowings [line items]              
Line of credit facility, maximum amount of borrowing capacity € 106,000,000         120,000,000  
Commitment fee 0.50% 0.50%          
Line of credit facility, outstanding amount       93,000,000 $ 105,000,000    
Principal payment quarterly | $   $ 3,000,000          
Financial liabilities at amortised cost       € 89,000,000 $ 99,000,000    
$5 million senior secured revolving credit facility | Revolving credit facilities              
Disclosure of detailed information about borrowings [line items]              
Line of credit facility, maximum amount of borrowing capacity € 4,000,000         $ 5,000,000  
Commitment fee 0.75% 0.75%          
LIBOR | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Borrowings, adjustment to interest rate basis 8.00%         8.00%  
Base Rate | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Borrowings, adjustment to interest rate basis 7.00%         7.00%  
Debt Covenant Period One | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Debt instrument, covenant, fixed charge coverage ratio 1.1         1.1  
Debt Covenant Period Two | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Debt instrument, covenant, fixed charge coverage ratio 1.25         1.25  
Debt Covenant Period Three | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Debt instrument, covenant, fixed charge coverage ratio 1.4         1.4  
Debt Covenant Period Four | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Debt instrument, covenant, leverage ratio 3         3  
Debt Covenant Period Five | $125 million senior secured facilities agreement | Lines of credit              
Disclosure of detailed information about borrowings [line items]              
Debt instrument, covenant, leverage ratio 1.25         1.25