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Balance Sheets-Additional Information | 12 Months Ended
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Jun. 30, 2016
Balance Sheets Additional Information [Abstract] |
Balance Sheets-Additional Information | 4. Balance Sheets—Additional Information
As of June 30 |  |  | 2016 |  |  | 2015 |
Accounts receivable, net |  |  |
Trade accounts receivable |  |  |  | $ | 128,743 |  |  |  |  | $ | 114,477 |  |
Allowance for doubtful accounts |  |  |  |  | (4,953) |  |  |  |  |  | (3,378) |  |
|  |  |  | $ | 123,790 |  |  |  |  | $ | 111,099 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |  |  | 2014 |
Allowance for doubtful accounts |  |  |  |
Balance at beginning of period |  |  |  | $ | 3,378 |  |  |  |  | $ | 1,235 |  |  |  |  | $ | 658 |  |
Provision for bad debts |  |  |  |  | 1,774 |  |  |  |  |  | 2,587 |  |  |  |  |  | 226 |  |
Effect of changes in exchange rates |  |  |  |  | (132) |  |  |  |  |  | (218) |  |  |  |  |  | 351 |  |
Bad debt write-offs (recovery) |  |  |  |  | (67) |  |  |  |  |  | (226) |  |  |  |  |  | — |  |
Balance at end of period |  |  |  | $ | 4,953 |  |  |  |  | $ | 3,378 |  |  |  |  | $ | 1,235 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |
Inventories |  |  |
Raw materials |  |  |  | $ | 51,369 |  |  |  |  | $ | 40,012 |  |
Work-in-process |  |  |  |  | 8,074 |  |  |  |  |  | 7,617 |  |
Finished goods |  |  |  |  | 108,248 |  |  |  |  |  | 102,157 |  |
|  |  |  | $ | 167,691 |  |  |  |  | $ | 149,786 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |
Property, plant and equipment, net |  |  |
Land |  |  |  | $ | 9,612 |  |  |  |  | $ | 9,130 |  |
Buildings and improvements |  |  |  |  | 64,265 |  |  |  |  |  | 50,276 |  |
Machinery and equipment |  |  |  |  | 196,480 |  |  |  |  |  | 171,797 |  |
|  |  |  |  | 270,357 |  |  |  |  |  | 231,203 |  |
Accumulated depreciation |  |  |  |  | (143,034) |  |  |  |  |  | (126,789) |  |
|  |  |  | $ | 127,323 |  |  |  |  | $ | 104,414 |  |
Certain facilities in Israel are on land leased for a nominal amount from the Israel Land Authority. The lease expires in July 2062. Certain facilities in Israel are on leased land. The leases expire in November 2035. Net equipment under capital leases was $12 and $48 at June 30, 2016 and 2015, respectively, including accumulated depreciation of  $10 and $42, respectively. Property, plant and equipment, net includes internal-use software costs, net of accumulated depreciation, of $5,180 and $6,747 at June 30, 2016 and 2015, respectively. Machinery and equipment includes construction-in-progress of $5,595 and $5,748 at June 30, 2016 and 2015, respectively.
As of June 30 |  |  | Weighted- Average Useful Life (Years) |  |  | 2016 |  |  | 2015 |
Intangibles, net |  |  |  |
Cost |  |  |  |
Medicated feed additive product registrations |  |  |  |  | 10 |  |  |  |  | $ | 11,744 |  |  |  |  | $ | 11,753 |  |
Amprolium international marketing rights |  |  |  |  | 10 |  |  |  |  |  | 4,292 |  |  |  |  |  | 4,292 |  |
Customer relationships |  |  |  |  | 13 |  |  |  |  |  | 10,606 |  |  |  |  |  | 10,615 |  |
Technology |  |  |  |  | 13 |  |  |  |  |  | 66,960 |  |  |  |  |  | 38,580 |  |
Distribution agreements |  |  |  |  | 4 |  |  |  |  |  | 3,275 |  |  |  |  |  | 3,298 |  |
Trade names, trademarks and other |  |  |  |  | 5 |  |  |  |  |  | 2,740 |  |  |  |  |  | 2,740 |  |
In-process research and development |  |  |  |  |  |  |  |  |  |  | 1,579 |  |  |  |  |  | 1,579 |  |
|  |  |  |  |  |  |  |  |  |  | 101,196 |  |  |  |  |  | 72,857 |  |
Accumulated amortization |  |  |  |
Medicated feed additive product registrations |  |  |  |  |  |  |  |  |  |  | (10,846) |  |  |  |  |  | (10,669) |  |
Amprolium international marketing rights |  |  |  |  |  |  |  |  |  |  | (4,292) |  |  |  |  |  | (4,292) |  |
Customer relationships |  |  |  |  |  |  |  |  |  |  | (6,303) |  |  |  |  |  | (5,267) |  |
Technology |  |  |  |  |  |  |  |  |  |  | (13,877) |  |  |  |  |  | (9,741) |  |
Distribution agreements |  |  |  |  |  |  |  |  |  |  | (3,275) |  |  |  |  |  | (3,298) |  |
Trade names, trademarks and other |  |  |  |  |  |  |  |  |  |  | (2,508) |  |  |  |  |  | (2,309) |  |
|  |  |  |  |  |  |  |  |  |  | (41,101) |  |  |  |  |  | (35,576) |  |
|  |  |  |  |  |  |  |  |  | $ | 60,095 |  |  |  |  | $ | 37,281 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |
Goodwill roll-forward |  |  |
Balance at beginning of period |  |  |  | $ | 12,613 |  |  |  |  | $ | 12,613 |  |
MVP acquisition |  |  |  |  | 8,508 |  |  |  |  |  | — |  |
Balance at end of period |  |  |  | $ | 21,121 |  |  |  |  | $ | 12,613 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |
Other assets |  |  |
Acquisition-related note receivable |  |  |  | $ | 5,000 |  |  |  |  | $ | 5,000 |  |
Equity method investments |  |  |  |  | 4,580 |  |  |  |  |  | 4,725 |  |
Insurance investments |  |  |  |  | 4,833 |  |  |  |  |  | 4,788 |  |
Deferred financing fees |  |  |  |  | 3,602 |  |  |  |  |  | 4,335 |  |
Deferred income taxes |  |  |  |  | 28,019 |  |  |  |  |  | 221 |  |
Deposits |  |  |  |  | 5,992 |  |  |  |  |  | 532 |  |
Other |  |  |  |  | 6,977 |  |  |  |  |  | 5,681 |  |
|  |  |  | $ | 59,003 |  |  |  |  | $ | 25,282 |  |
We evaluate our investments in equity method investees for impairment if circumstances indicate that the fair value of the investment may be impaired. The assets underlying a $4,076 equity investment are currently idled; we have concluded the investment is not currently impaired, based on expected future operating cash flows and/or disposal value.
As of June 30 |  |  | 2016 |  |  | 2015 |
Accrued expenses and other current liabilities |  |  |
Employee related |  |  |  | $ | 21,712 |  |  |  |  | $ | 22,273 |  |
Commissions and rebates |  |  |  |  | 3,722 |  |  |  |  |  | 4,148 |  |
Insurance related |  |  |  |  | 1,780 |  |  |  |  |  | 1,368 |  |
Professional fees |  |  |  |  | 3,573 |  |  |  |  |  | 3,543 |  |
Income and other taxes |  |  |  |  | 1,910 |  |  |  |  |  | 817 |  |
Deferred consideration on acquisitions |  |  |  |  | 1,250 |  |  |  |  |  | 1,196 |  |
Fair value of derivatives |  |  |  |  | — |  |  |  |  |  | 1,542 |  |
Other |  |  |  |  | 11,756 |  |  |  |  |  | 10,576 |  |
|  |  |  | $ | 45,703 |  |  |  |  | $ | 45,463 |  |
Other liabilities |  |  |
U.S. pension plan |  |  |  | $ | 21,371 |  |  |  |  | $ | 18,573 |  |
International retirement plans |  |  |  |  | 5,600 |  |  |  |  |  | 4,893 |  |
Supplemental retirement benefits, deferred compensation and other |  |  |  |  | 8,984 |  |  |  |  |  | 7,443 |  |
Long term and deferred income taxes |  |  |  |  | 8,205 |  |  |  |  |  | 19,098 |  |
Deferred consideration on acquisitions |  |  |  |  | 9,172 |  |  |  |  |  | 7,266 |  |
Other long term liabilities |  |  |  |  | 7,981 |  |  |  |  |  | 8,375 |  |
|  |  |  | $ | 61,313 |  |  |  |  | $ | 65,648 |  |
As of June 30 |  |  | 2016 |  |  | 2015 |
Accumulated other comprehensive income (loss) |  |  |
Derivative instruments |  |  |  | $ | 2,655 |  |  |  |  | $ | (1,542) |  |
Foreign currency translation adjustment |  |  |  |  | (41,904) |  |  |  |  |  | (32,723) |  |
Unrecognized net pension gains (losses) |  |  |  |  | (30,977) |  |  |  |  |  | (19,884) |  |
(Provision) benefit for income taxes on derivative instruments |  |  |  |  | (1,548) |  |  |  |  |  | 63 |  |
(Provision) benefit for incomes taxes on long-term intercompany investments |  |  |  |  | 8,166 |  |  |  |  |  | 4,923 |  |
(Provision) benefit for income taxes on pension gains (losses) |  |  |  |  | 1,823 |  |  |  |  |  | (2,437) |  |
|  |  |  | $ | (61,785) |  |  |  |  | $ | (51,600) |  |

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