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Notes Payable and Lines of Credit
12 Months Ended
Jun. 30, 2016
Notes Payable and Lines of Credit [Abstract]  
Notes Payable and Lines of Credit
NOTES PAYABLE AND LINES OF CREDIT
Notes payable to banks of $1.2 million and $7.6 million at June 30, 2016 and 2015, respectively, represents short-term borrowings under credit lines with commercial banks. These credit lines, translated into U.S. dollars at June 30, 2016 exchange rates, totaled $152.4 million at June 30, 2016, of which $151.2 million was unused. The weighted average interest rate for notes payable and lines of credit was 9.0 percent and 2.0 percent at June 30, 2016 and 2015, respectively.