Debt (Tables)

6 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Components of Debt

The components of debt for the periods indicated were as follows ($000):

	December 31,			June 30,
	2017			2017
0.25% Convertible senior notes	$	345,000		$	-
Convertible senior notes unamortized discount attributable to cash conversion option and debt issuance costs including initial purchaser discount		(62,424	)		-
Term loan, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively		75,000			85,000
Line of credit, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively		100,000			252,000
Credit facility unamortized debt issuance costs		(1,308	)		(1,491	)
Yen denominated line of credit, interest at LIBOR, as defined, plus 1.75%		2,666			2,679
Note payable assumed in IPI acquisition		3,834			3,834
Total debt		462,768			342,022
Current portion of long-term debt		(20,000	)		(20,000	)
Long-term debt, less current portion	$	442,768		$	322,022

Summary of Total Interest Expense Recognized

The following table sets forth total interest expense recognized related to the Notes for the three and six months ended December 31, 2017:

	Three Months Ended December 31, 2017		Six Months Ended December 31, 2017
0.25% contractual coupon	$	219	$	297
Amortization of debt discount and debt issuance costs including initial purchaser discount		2,935		4,043
Interest expense	$	3,154	$	4,340

Remaining Annual Principal Payments of Credit Obligations

Remaining annual principal payments under the Company’s existing credit obligations from December 31, 2017 were as follows:

					U.S.
					Dollar
	Term		Yen Line		Line of		Note		Convertible
Period	Loan		of Credit		Credit		Payable		Notes		Total
Year 1	$	20,000	$	-	$	-	$	-	$	-	$	20,000
Year 2		20,000		-		-		3,834		-		23,834
Year 3		20,000		2,666		-		-		-		22,666
Year 4		15,000		-		100,000		-		-		115,000
Year 5		-		-		-		-		345,000		345,000
Total	$	75,000	$	2,666	$	100,000	$	3,834	$	345,000	$	526,500