v3.4.0.3
Borrowings (Tables)
 9 Months Ended
Mar. 25, 2016
Total Borrowings, Including Revolving and Long-Term Borrowings

The Company’s total borrowings, including revolving and long-term borrowings, consisted of the following:

 

(amount in thousands)                         

Rate (1)

   

Conditions

    Maturity     As of
March 25,
2016		      As of
June 26,
2015		  

Short-term borrowing:

        

Revolving borrowing:

        

LIBOR + 1.75% per annum

   

Repayable in

1 to 6 months

      April 2016 (2)    $ 44,000       $ 30,000   

Current portion of long-term borrowing

  

     6,000         6,000   
       

 

 

     

 

 

  
  $ 50,000       $ 36,000   
       

 

 

     

 

 

  

Long-term borrowing:

        

LIBOR + 2.8% per annum

   

Repayable in quarterly

installments within 6 years

      March 2017      $ 6,000       $ 10,500   

Less: Current portion

  

     (6,000 )       (6,000 ) 
       

 

 

     

 

 

  

Non-current portion

  

   $ —         $ 4,500   
       

 

 

     

 

 

  

 

  (1)  LIBOR is London Interbank Offered Rate.
  (2)  In April 2016, the maturity date of these revolving borrowings were extended to mature in May 2016.
Movements of Long-Term Loans

The movements of long-term loans were as follows for the nine months ended March 25, 2016 and March 27, 2015:

 

     Nine Months Ended  
(amount in thousands)    March 25,
2016		      March 27,
2015		  

Opening book amount

    $ 10,500       $ 16,500   

Repayments during the period

      (4,500 )       (4,500 ) 
  

 

 

     

 

 

  

Closing book amount

    $ 6,000       $ 12,000   
  

 

 

     

 

 

  
Future Maturities of Long-Term Debt

As of March 25, 2016, future maturities of long-term debt during each fiscal year were as follows:

 

(amount in thousands)       

2016

    $ 1,500   

2017

      4,500   
  

 

 

  

Total

    $ 6,000   
  

 

 

  
Undrawn Available Credit Facilities Classified by Available Period of Future Borrowing

Undrawn available credit facilities classified by available period of future borrowing as of March 25, 2016 and June 26, 2015 were as follows:

 

(amount in thousands)    March 25,
2016		      June 26,
2015		  

Short-term

    $ 1,415       $ 1,480   

Long-term

    $ 156,000       $ 170,000