FINANCING ARRANGEMENTS:

3 Months Ended

Sep. 30, 2015

FINANCING ARRANGEMENTS:

The Company’s long-term debt consists of the following:



			Amounts Outstanding
	Maturity Dates	Interest Rate	September 30, 2015		June 30, 2015
	(fiscal year)		(Dollars in thousands)
Convertible senior notes	2015	5.00%	$	—	$	—
Senior term notes	2018	5.75	120,000		120,000
Revolving credit facility	2018	—	—		—
Equipment and leasehold notes payable	2015 - 2016	4.90 - 8.75	—		2
			120,000		120,002
Less current portion			—		(2		)
Long-term portion			$	120,000	$	120,000

Convertible Senior Notes

In July 2014, the Company settled its $172.5 million 5.0% convertible senior notes in cash. The notes were unsecured, senior obligations of the Company and interest was payable semi-annually in arrears on January 15 and July 15 of each year. Interest expense related to the 5.0% contractual interest coupon and amortization of the debt discount was $0.4 and $0.3 million for the three months ended September 30, 2014, respectively.

Senior Term Notes

In November 2013, the Company issued $120.0 million aggregate principal amount of 5.75% senior notes due December 2017 (Senior Term Notes). Interest on the Senior Term Notes is payable semi-annually in arrears on June 1 and December 1 of each year. The Senior Term Notes are unsecured and not guaranteed by any of the Company's subsidiaries or any third parties.

Revolving Credit Facility

As of September 30, 2015 and June 30, 2015, the Company had no outstanding borrowings under this facility. Additionally, the Company had outstanding standby letters of credit under the facility of $2.1 million at September 30, 2015 and June 30, 2015, primarily related to the Company's self-insurance program. Unused available credit under the facility at September 30, 2015 and June 30, 2015 was $397.9 million.

The Company was in compliance with all covenants and requirements of its financing arrangements as of and during the three months ended September 30, 2015.