Financial Instruments Measured At Fair Value (Tables)

9 Months Ended

12 Months Ended

Mar. 31, 2012

Jun. 30, 2011

Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents by level within the fair value hierarchy assets and liabilities measured at fair value on a recurring basis as of March 31, 2012:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Cash equivalents	$	21,249	—		$	21,249	—
Forward foreign currency contracts	131		—		131		—
Available for sale securities	5,043		$	5,043	—		—
	$	26,423	$	5,043	$	21,380	—
Liabilities:
Forward foreign currency contracts	$	73	—		$	73	—
Contingent consideration, of which $11,125 is noncurrent	21,331		—		—		$	21,331
Total	$	21,404	—		73		$	21,331

The following table presents assets and liabilities measured at fair value on a recurring basis as of June 30, 2011:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Cash equivalents	$	7,300	—		$	7,300	—
Available for sale securities	6,390		$	6,390	—		—
	$	13,690	$	6,390	$	7,300	—
Liabilities:
Forward foreign currency contracts	$	766	—		$	766	—
Contingent consideration, of which $13,244 is noncurrent	37,145		—		—		$	37,145
Total	$	37,911	—		$	766	$	37,145

Summary Of Level 3 Activity

The following table summarizes the Level 3 activity:



	Nine months ended March 31, 2012
Balance as of June 30, 2011:	$	37,145
Fair value of initial contingent consideration	15,637
Contingent consideration adjustment and accretion of interest expense	1,572
Contingent consideration paid	(32,660		)
Translation adjustment	(363		)
Balance as of March 31, 2012:	$	21,331

Impact On Other Comprehensive Income From Foreign Exchange Contracts Qualified As Cash Flow Hedges

The impact on other comprehensive income from foreign exchange contracts that qualified as cash flow hedges was as follows:



	Nine months ended March 31, 2012
Net carrying amount at June 30, 2011	$	(572	)
Cash flow hedges deferred in OCI	824
Changes in deferred taxes	(208		)
Net carrying amount at March 31, 2012	$	44

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References+ Details