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FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities

The following table represents the Company's financial assets and liabilities which are measured at fair value on a recurring basis (in thousands):

				Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
March 31, 2017
Cash equivalents	$	75,149		$	75,149		$	—		$	—
FFF call right	9,936			—			—			9,936
Deferred compensation plan assets	45,368			45,368			—			—
Total assets	$	130,453		$	120,517		$	—		$	9,936
Earn-out liabilities	$	18,787		$	—		$	—		$	18,787
FFF put right	25,482			—			—			25,482
Total liabilities	$	44,269		$	—		$	—		$	44,269
June 30, 2016
Cash equivalents	$	83,846		$	83,846		$	—		$	—
Corporate debt securities	33,132			—			33,132			—
Asset-backed securities	14,757			—			14,757			—
Deferred compensation plan assets	41,917			41,917			—			—
Total assets	$	173,652		$	125,763		$	47,889		$	—
Earn-out liabilities	$	4,128		$	—		$	—		$	4,128
Total liabilities	$	4,128		$	—		$	—		$	4,128

Reconciliation of Earn-Out Liabilities and FFF Put Rights

A reconciliation of the Company's earn-out liabilities and FFF put and call rights is as follows (in thousands):

	Beginning Balance			Purchases			Gain (Loss)			Ending Balance
Three months ended March 31, 2017
FFF call right asset	$	10,750		$	—		$	(814	)	$	9,936
Total Level 3 assets	$	10,750		$	—		$	(814	)	$	9,936
Earn-out liabilities	$	16,713		$	—		$	(2,074	)	$	18,787
FFF put right liability	26,384			—			902			25,482
Total Level 3 liabilities	$	43,097		$	—		$	(1,172	)	$	44,269
Three months ended March 31, 2016
Earn-out liabilities	$	4,109		$	—		$	(27	)	$	4,136
Total Level 3 liabilities	$	4,109		$	—		$	(27	)	$	4,136
Nine months ended March 31, 2017
FFF call right asset	$	—		$	10,361		$	(425	)	$	9,936
Total Level 3 assets	$	—		$	10,361		$	(425	)	$	9,936
Earn-out liabilities	$	4,128		$	16,662		$	2,003		$	18,787
FFF put right liability	—			25,821			339			25,482
Total Level 3 liabilities	$	4,128		$	42,483		$	2,342		$	44,269
Nine months ended March 31, 2016
Earn-out liabilities	$	—		$	4,109		$	(27	)	$	4,136
Total Level 3 liabilities	$	—		$	4,109		$	(27	)	$	4,136

Reconciliation of FFF Call Rights

A reconciliation of the Company's earn-out liabilities and FFF put and call rights is as follows (in thousands):

	Beginning Balance			Purchases			Gain (Loss)			Ending Balance
Three months ended March 31, 2017
FFF call right asset	$	10,750		$	—		$	(814	)	$	9,936
Total Level 3 assets	$	10,750		$	—		$	(814	)	$	9,936
Earn-out liabilities	$	16,713		$	—		$	(2,074	)	$	18,787
FFF put right liability	26,384			—			902			25,482
Total Level 3 liabilities	$	43,097		$	—		$	(1,172	)	$	44,269
Three months ended March 31, 2016
Earn-out liabilities	$	4,109		$	—		$	(27	)	$	4,136
Total Level 3 liabilities	$	4,109		$	—		$	(27	)	$	4,136
Nine months ended March 31, 2017
FFF call right asset	$	—		$	10,361		$	(425	)	$	9,936
Total Level 3 assets	$	—		$	10,361		$	(425	)	$	9,936
Earn-out liabilities	$	4,128		$	16,662		$	2,003		$	18,787
FFF put right liability	—			25,821			339			25,482
Total Level 3 liabilities	$	4,128		$	42,483		$	2,342		$	44,269
Nine months ended March 31, 2016
Earn-out liabilities	$	—		$	4,109		$	(27	)	$	4,136
Total Level 3 liabilities	$	—		$	4,109		$	(27	)	$	4,136

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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