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Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy for Assets and Liabilities Measured on Recurring Basis

The following table provides the fair value hierarchy for assets and liabilities measured on a recurring basis.

 

 

 

Fair Value at June 30, 2016

 

 

Fair Value at June 30, 2015

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets/(Liabilities)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale securities

 

$

54,447

 

 

$

-

 

 

$

-

 

 

$

54,947

 

 

$

-

 

 

$

-

 

Foreign exchange contracts

 

-

 

 

 

139,259

 

 

-

 

 

 

-

 

 

 

195,342

 

 

 

-

 

Pension assets

 

 

3,090

 

 

-

 

 

-

 

 

 

3,572

 

 

 

-

 

 

 

-

 

Contingent consideration

 

-

 

 

-

 

 

 

(50,727

)

 

 

-

 

 

 

-

 

 

 

(56,296

)

Net asset/(liability)

 

$

57,537

 

 

$

139,259

 

 

$

(50,727

)

 

$

58,519

 

 

$

195,342

 

 

$

(56,296

)

 

 

 

Total Gains (Losses) for the

Year Ended

June 30,

 

Description

 

2016

 

 

2015

 

 

2014

 

Contingent consideration

 

$

6,717

 

 

$

(1,577

)

 

$

(73

)

 

Carrying Value for Assets and Liabilities Measured on Non-Recurring Basis under Level 3 of Fair Value Hierarchy and Losses Recorded During Periods Presented

The following table provides the carrying value for assets and liabilities measured on a non-recurring basis, all of which are measured under Level 3 of the fair value hierarchy, and the losses recorded during the periods presented.

 

 

 

 

 

 

 

 

 

 

 

Total Losses for the Year

Ended, June 30,

 

Description of Assets

 

June 30, 2016

 

 

June 30, 2015

 

 

2016

 

 

2015

 

 

2014

 

Equity method investments

 

$

1,175

 

 

$

2,871

 

 

$

-

 

 

$

-

 

 

$

-

 

Goodwill

 

 

1,510,279

 

 

 

1,287,180

 

 

-

 

 

 

-

 

 

 

-

 

Long-lived assets

 

 

1,069,574

 

 

 

1,222,088

 

 

 

(2,003

)

 

 

(2,323

)

 

 

(687

)

Total

 

$

2,581,028

 

 

$

2,512,139

 

 

$

(2,003

)

 

$

(2,323

)

 

$

(687

)