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Accounts Payable And Accrued Liabilities

12 Months Ended

Jun. 30, 2011

Accounts Payable And Accrued Liabilities

Accounts Payable And Accrued Liabilities

NOTE 9—ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Current liabilities

Accounts payable and accrued liabilities are comprised of the following:


		As of June 30, 2011				As of June 30, 2010
Accounts payable—trade		$	10,772			$	12,247
Accrued salaries and commissions			45,630				34,062
Accrued liabilities			60,060				53,844
Amounts payable in respect of restructuring and other special charges (note 16)			6,504				11,498
Accruals relating to acquisitions			1,042				4,417
Asset retirement obligations			2,241				3,536

		$	126,249			$	119,604

Long-term accrued liabilities


		As of June 30, 2011				As of June 30, 2010
Amounts payable in respect of restructuring and other special charges (note 16)		$	652			$	582
Accruals relating to acquisitions			2,301				2,514
Other accrued liabilities			6,950				9,982
Asset retirement obligations			3,824				2,677

		$	13,727			$	15,755

Accruals relating to acquisitions

In relation to our acquisitions made before July 1, 2009, the date on which we adopted Accounting Standards Codification (ASC) Topic 805 "Business Combinations" (ASC Topic 805), we have accrued for costs relating to abandonment of excess legacy facilities. Such accruals were capitalized as part of the cost of the subject acquisition and have been recorded at present value less our best estimate for future sub-lease income and costs incurred to achieve sub-tenancy. The accrual for excess facilities will be discharged over the term of the respective leases. Any excess of the difference between the present value and actual cash paid for an abandoned facility will be charged to income and any deficits will be reversed to goodwill. The provisions for abandoned facilities are expected to be paid by February 2015. As of June 30, 2011, the remaining balance of our acquisition accruals is $3.3 million (June 30, 2010—$6.9 million).

Asset retirement obligations

We are required to return certain of our leased facilities to their original state at the conclusion of our lease. We have accounted for such obligations in accordance with ASC Topic 410 "Asset Retirement and Environmental Obligations" (ASC Topic 410). As of June 30, 2011, the present value of this obligation was $6.1 million (June 30, 2010—$6.2 million), with an undiscounted value of $6.5 million (June 30, 2010—$6.8 million).