v3.8.0.1
Borrowings (Tables)
 6 Months Ended
Dec. 29, 2017
Total Borrowings, Including Short-Term and Long-Term Borrowings
(amount in thousands)                    

Rate

    Conditions      Maturity     As of
December 29,
2017		      As of
June 30,
2017		  

Short-term borrowings:

           

Revolving borrowing:

           

LIBOR(1) + 1.75% per annum

     

 Repayable in

1 to 6 months

  

 

      January 2018(2)     $ 39,000      $ 34,000  

Short-term loans from bank:

 

Bank Base rate +1.85% per annum

     


 Repayable based on

credit terms of secured
accounts receivable

  

 
 

        —          1,003  

Current portion of long-term borrowing

 

     13,600        13,600  
 

 

 

     

 

 

  
    52,600        48,603  

Less: Unamortized debt issuance costs

 

     (157 )       (201 ) 
 

 

 

     

 

 

  
        $ 52,443      $ 48,402  
       

 

 

     

 

 

  

Long-term borrowings:

           

Term loan borrowing:

           

LIBOR +1.75% per annum

     
 Repayable in quarterly
installments		  
 		      May 2019     $ 29,600      $ 36,400  
       

 

 

     

 

 

  

Less: Current portion

           (13,600 )       (13,600 ) 

Unamortized debt issuance costs

 

     (31 )       (99 ) 
 

 

 

     

 

 

  

Non-current portion

         $ 15,969      $ 22,701  
       

 

 

     

 

 

  

 

(1)  LIBOR is London Interbank Offered Rate.
(2) In December 2017, the maturity date was extended to January 2018.
Movements of Long-Term Loans

The movements of long-term loans for the six months ended December 29, 2017 and December 30, 2016 were as follows:

 

     Six Months Ended  
(amount in thousands)    December 29,
2017		      December 30,
2016		  

Opening balance

    $ 36,400      $ 54,500  

Repayments during the period

      (6,800 )       (9,800 ) 
  

 

 

     

 

 

  

Closing balance

    $ 29,600      $ 44,700  
  

 

 

     

 

 

  
Future Maturities of Long-Term Debt

As of December 29, 2017, future maturities of long-term debt during each fiscal year were as follows:

 

(amount in thousands)       

2018 (remaining six months)

    $ 6,800  

2019

      22,800  
  

 

 

  

Total

    $ 29,600  
  

 

 

  
Undrawn Available Credit Facilities Classified by Availability Period of Future Borrowing

Undrawn available credit facilities classified by availability period of future borrowing as of December 29, 2017 and June 30, 2017 were as follows:

 

(amount in thousands)    December 29,
2017		      June 30,
2017		  

Short-term

    $ —        $ 1,965  

Long-term

    $ 111,000      $ 116,000