Debt (Tables)

12 Months Ended

Jun. 30, 2019

The components of debt were as follows ($000):

June 30,	2019			2018
0.25% Convertible senior notes	$	345,000		$	345,000
Convertible senior notes unamortized discount attributable to cash conversion option and debt issuance costs including initial purchaser discount		(43,859	)		(56,409	)
Term loan, interest at LIBOR, as defined, plus 1.75%		45,000			65,000
Line of credit, interest at LIBOR, as defined, plus 1.75%		115,000			80,000
Amended credit facility unamortized debt issuance costs		(761	)		(1,126	)
Yen denominated line of credit, interest at LIBOR, as defined, plus 1.75%		2,783			2,714
Note payable assumed in IPI acquisition		3,834			3,834
Total debt		466,997			439,013
Current portion of long-term debt		(23,834	)		(20,000	)
Long-term debt, less current portion	$	443,163		$	419,013

Summary of Total Interest Expense Recognized

The following table sets forth total interest expense recognized related to the Notes for the fiscal year ended June 30, 2019 (representing an effective interest rate of 4.5%):

Year ended June 30,	2019		2018
0.25% contractual coupon	$	874	$	731
Amortization of debt discount and debt issuance costs including initial purchaser discount		12,550		10,058
Interest expense	$	13,424	$	10,789

Remaining Annual Principal Payments of Credit Facilities and Notes Payable

Remaining annual principal payments under the Company’s existing credit facilities and notes payable as of June 30, 2019 were as follows ($000):

					U.S.
					Dollar
	Term		Yen Line		Line of		Note		Convertibles
Year Ended	Loan		of Credit		Credit		Payable		Notes		Total
June 30, 2020	$	20,000	$	-	$	-	$	3,834	$	-	$	23,834
June 30, 2021		20,000		2,783		-		-		-	$	22,783
June 30, 2022		5,000		-		115,000		-		-	$	120,000
June 30, 2023		-		-		-		-		345,000	$	345,000
June 30, 2024		-		-		-		-		-	$	-
Total	$	45,000	$	2,783	$	115,000	$	3,834	$	345,000	$	511,617