XML 30 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
INTEREST EXPENSE (Notes)
12 Months Ended
Jun. 30, 2013
Interest Expense [Abstract]  
Interest Expense
INTEREST EXPENSE

The Company incurs interest expense primarily related to its secured credit facility (see Note 8) and to its liabilities for its tax positions related to the unauthorized transactions. As the tax returns have been settled and statute of limitations have expired, the accrued interest expense on certain items has been reversed. Interest expense detail was as follows for the fiscal years ended June 30, 2013 and 2012, respectively:
 
 
2013
 
2012
Interest expense on secured credit facility
 
$
(44,993
)
 
$
(81,204
)
Interest expense for tax positions related to unauthorized transactions
 
(44,014
)
 
(44,015
)
Interest reversals for tax positions related to unauthorized transactions
 
145,488

 
251,485

Other interest expense
 
(402
)
 
(1,843
)
Interest expense
 
$
56,079

 
$
124,423