XML 21 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
DEBT (Tables)
 12 Months Ended
Jun. 30, 2014
Long-term Debt, Unclassified [Abstract]  
Schedule of Debt
Long-term debt payable consists of the following:
 
 
Balance as of
(in thousands)
 
 
June 30, 2014
 
June 30, 2013
Senior secured revolving commitment
 
$
9,310

 
$
—

Senior secured term loan
 
43,875

 
—

Senior secured delayed draw term loan
 
23,700

 
—

Revolving line of credit
 
—

 
2,868

Term loan A
 
—

 
3,010

Term loan B
 
—

 
5,288

Term bridge loan
 
—

 
5,032

Convertible note
 
—

 
17,600

Convertible note interest discount (1)
 
—

 
(1,734
)
Other
 
291

 
—

Total long-term debt
 
77,176

 
32,064

Less: current portion
 
(14,419
)
 
(7,410
)
Non-current portion
 
$
62,757

 
$
24,654

 
(i)
The interest discount represented the difference between the actual negotiated interest rate being the Five-Year U.S. Treasury Note Constant Maturity rate, and the Company’s assumption of market rate of 4%.
Schedule of Maturities of Long-term Debt
The following schedule represents the Company's future debt payments as of June 30, 2014 (in thousands):
 
2015
$
14,419

2016
6,408

2017
7,040

2018
6,991

2019
42,318

Total
$
77,176