XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Note 9 - Debt | 9 Months Ended
--- | ---
Mar. 31, 2016
Notes to Financial Statements |
Debt Disclosure [Text Block] | 9) Debt At March 31, 2016 and June 30, 2015, we had debt issuance costs of $1.0 million and $1.3 million, respectively. The Company’s debt payments are due as follows (in thousands):
Fiscal Year |  | March 31, 201 6 |
2016 |  | $ | 6 |
2017 |  |  | 13 |
2018 |  |  | 6 |
2019 |  |  | - |
2020 |  |  | 107,000 |
Thereafter |  |  | - |
Funded Debt |  |  | 107,025 |
Issuance cost |  |  | (997 | )
Debt net of issuance cost |  | $ | 106,028 |
Bank Credit Agreements During fiscal year 2015, the Company entered into an Amended and Restated Credit Agreement (“Credit Facility”, or “facility”). This five-year Credit Facility expires in December 2019 and has a borrowing limit of $400 million, which can be increased by an amount of up to $100 million, in accordance with specified conditions contained in the agreement. The facility also includes a $10 million sublimit for swing line loans and a $30 million sublimit for letters of credit. At March 31, 2016, the Company had standby letters of credit outstanding, primarily for insurance purposes, of $7.7 million and had the ability to borrow $246.8 million under the facility. At March 31, 2016, the carrying value of the current borrowings under the facility approximates fair value.

X
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration