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Subsequent Events
3 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Cash Dividends
As part of our quarterly, non-cumulative cash dividend program, we declared, on October 30, 2018, a dividend of $0.1518 per Common Share. The record date for this dividend is November 30, 2018 and the payment date is December 20, 2018. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination and discretion of our Board.
Acquisition of Liaison Technologies Inc.
On October 31, 2018, we signed a definitive agreement to acquire Liaison Technologies Inc. for approximately $310 million. We expect that the acquisition will complement and extend our EIM portfolio. The transaction is expected to close within 90 days of signing the definitive agreement and is subject to customary regulatory approvals and closing conditions.