FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Mar. 31, 2015

Fair value hierarchy for company's financial assets and liabilities

As of March 31, 2015 and June 30, 2014, the fair value hierarchy of the Company’s debt carried at historical cost was as follows (in thousands):



	March 31, 2015								June 30, 2014
	Fair Value		Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3
Debt	$	100,000	$	—	$	100,000	$	—	$	72,254	$	—	$	72,254	$	—

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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