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FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities

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

	Fair Value of Financial Assets and Liabilities			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
September 30, 2019
Cash equivalents	$	47,908		$	47,908		$	—		$	—
FFF call right	52			—			—			52
Deferred compensation plan assets	47,434			47,434			—			—
Total assets	$	95,394		$	95,342		$	—		$	52
Earn-out liability	$	9,390		$	—		$	—		$	9,390
FFF put right	49,339			—			—			49,339
Total liabilities	$	58,729		$	—		$	—		$	58,729
June 30, 2019
Cash equivalents	$	57,607		$	57,607		$	—		$	—
FFF call right	204			—			—			204
Deferred compensation plan assets	50,229			50,229			—			—
Total assets	$	108,040		$	107,836		$	—		$	204
Earn-out liability	$	6,816		$	—		$	—		$	6,816
FFF put right	41,652			—			—			41,652
Total liabilities	$	48,468		$	—		$	—		$	48,468

Reconciliation of Earn-Out Liabilities and FFF Put Rights

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

	Beginning Balance			Gain (Loss)			Ending Balance
Three Months Ended September 30, 2019
FFF call right	$	204		$	(152	)	$	52
Total Level 3 assets	$	204		$	(152	)	$	52
Earn-out liability	$	6,816		$	(2,574	)	$	9,390
FFF put right	41,652			(7,687		)	49,339
Total Level 3 liabilities	$	48,468		$	(10,261	)	$	58,729
Three Months Ended September 30, 2018
FFF call right	$	610		$	(122	)	$	488
Total Level 3 assets	$	610		$	(122	)	$	488
FFF put right	$	42,041		$	(3,159	)	$	45,200
Total Level 3 liabilities	$	42,041		$	(3,159	)	$	45,200

Reconciliation of FFF Call Rights

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

	Beginning Balance			Gain (Loss)			Ending Balance
Three Months Ended September 30, 2019
FFF call right	$	204		$	(152	)	$	52
Total Level 3 assets	$	204		$	(152	)	$	52
Earn-out liability	$	6,816		$	(2,574	)	$	9,390
FFF put right	41,652			(7,687		)	49,339
Total Level 3 liabilities	$	48,468		$	(10,261	)	$	58,729
Three Months Ended September 30, 2018
FFF call right	$	610		$	(122	)	$	488
Total Level 3 assets	$	610		$	(122	)	$	488
FFF put right	$	42,041		$	(3,159	)	$	45,200
Total Level 3 liabilities	$	42,041		$	(3,159	)	$	45,200

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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-Section 50
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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

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
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