XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2018
Debt Disclosure [Abstract] |
Components of Debt | The components of debt for the periods indicated were as follows ($000):
| March 31, |  |  | June 30, |
| 2018 |  |  | 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 |  | (59,450 | ) |  |  | - |
Term loan, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively |  | 70,000 |  |  |  | 85,000 |
Line of credit, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively |  | 90,000 |  |  |  | 252,000 |
Credit facility unamortized debt issuance costs |  | (1,217 | ) |  |  | (1,491 | )
Yen denominated line of credit, interest at LIBOR, as defined, plus 1.75% |  | 2,825 |  |  |  | 2,679 |
Note payable assumed in IPI acquisition |  | 3,834 |  |  |  | 3,834 |
Total debt |  | 450,992 |  |  |  | 342,022 |
Current portion of long-term debt |  | (20,000 | ) |  |  | (20,000 | )
Long-term debt, less current portion | $ | 430,992 |  |  | $ | 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 nine months ended March 31, 2018:
| Three Months Ended March 31, 2018 |  |  | Nine Months Ended March 31, 2018 |
0.25% contractual coupon | $ | 216 |  |  | $ | 513 |
Amortization of debt discount and debt issuance costs including initial purchaser discount |  | 2,974 |  |  |  | 7,017 |
Interest expense | $ | 3,190 |  |  | $ | 7,530 |
Remaining Annual Principal Payments of Credit Obligations | Remaining annual principal payments under the Company’s existing credit obligations from March 31, 2018 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 |  |  |  | 2,825 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 22,825 |
Year 4 |  |  | 10,000 |  |  |  | - |  |  |  | 90,000 |  |  |  | - |  |  |  | - |  |  |  | 100,000 |
Year 5 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 345,000 |  |  |  | 345,000 |
Total |  | $ | 70,000 |  |  | $ | 2,825 |  |  | $ | 90,000 |  |  | $ | 3,834 |  |  | $ | 345,000 |  |  | $ | 511,659 |

X
- Definition Interest expense disclosure. + References No definition available. + Details
Name: | iivi_InterestExpenseDisclosureTableTextBlock
Namespace Prefix: | iivi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration