DEBT

3 Months Ended

Sep. 30, 2011

DEBT

DEBT

4.             DEBT

The Company’s current and non-current debt as of September 30, 2011 and June 30, 2011 consists of the following:

	As of September 30, 2011 (Amounts in thousands)				As of June 30, 2011 (Amounts in thousands)
	Current		Non-current		Current		Non-current
Credit facility	$	—	$	70,000	$	—	$	100,000
Term loan	15,600		106,600		15,600		110,500
Total debt	$	15,600	$	176,600	$	15,600	$	210,500

As discussed in the Company’s Fiscal 2011 10-K, the Company has financial covenants associated with its revolving credit facility and term loan.  At September 30, 2011, the Company was in compliance with each financial covenant.