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Income Taxes Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2014
Income Tax Disclosure [Abstract] |
Summary of income before income taxes by geography | The following is a summary of our income before taxes by geography:
| Year Ended June 30,
| 2014 |  | 2013 |  | 2012
U.S. | $ | 14,382 |  |  | $ | 8,730 |  |  | $ | 10,851 |
Non-U.S. | 42,228 |  |  | 32,002 |  |  | 44,994 |
Total | $ | 56,610 |  |  | $ | 40,732 |  |  | $ | 55,845 |
Components of the provision (benefit) for income taxes | The components of the provision (benefit) for income taxes are as follows:
| Year Ended June 30,
| 2014 |  | 2013 |  | 2012
Current: |  |  |  |  |  |  |  |
U.S. Federal | $ | 10,742 |  |  | $ | 7,120 |  |  | $ | 9,053 |
U.S. State | 3,576 |  |  | 1,458 |  |  | 2,525 |
Non-U.S. | 8,273 |  |  | 3,477 |  |  | 4,559 |
Total current | 22,591 |  |  | 12,055 |  |  | 16,137 |
Deferred: |  |  |  |  |  |  |  |
U.S. Federal | (3,754 | ) |  | (274 | ) |  | (2,151 | )
U.S. State | (897 | ) |  | (163 | ) |  | (625 | )
Non-U.S. | (7,350 | ) |  | (2,231 | ) |  | (1,510 | )
Total deferred | (12,001 | ) |  | (2,668 | ) |  | (4,286 | )
Total | $ | 10,590 |  |  | $ | 9,387 |  |  | $ | 11,851 |
Reconciliation of the standard U.S. statutory tax rate and the Company's effective tax rate | The following is a reconciliation of the standard U.S. statutory tax rate and our effective tax rate:
| Year Ended June 30,
| 2014 |  | 2013 |  | 2012
U.S. federal statutory income tax rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
State taxes, net of federal effect | 3.1 |  |  | 2.1 |  |  | 2.2 |
Tax rate differential on non-U.S. earnings | (19.3 | ) |  | (23.8 | ) |  | (21.3 | )
Compensation related items | 4.3 |  |  | 6.5 |  |  | 6.1 |
Increase in valuation allowance | 4.8 |  |  | 5.0 |  |  | 1.6 |
Tax benefit from Canadian tax currency election | — |  |  | (4.7 | ) |  | — |
Net tax (benefit) expense on IP transfer | (16.1 | ) |  | 3.7 |  |  | 1.6 |
Nondeductible loss on investment in Namex | 3.8 |  |  | — |  |  | — |
Other | 3.1 |  |  | (0.8 | ) |  | (4.0 | )
Effective income tax rate | 18.7 | % |  | 23.0 | % |  | 21.2 | %
Compenents of deferred income tax assets and liabilities | Significant components of our deferred income tax assets and liabilities consist of the following at June 30, 2014 and 2013:
| Year Ended June 30,
| 2014 |  | 2013
Deferred tax assets: |  |  |  |  |
Net operating loss carryforwards | $ | 15,066 |  |  | $ | 6,905 |
Depreciation and amortization | 373 |  |  | 485 |
Accrued expenses | 5,112 |  |  | 2,587 |
Share-based compensation | 14,712 |  |  | 11,897 |
Credit and other carryforwards | 146 |  |  | 638 |
Other | 1,369 |  |  | — |
Subtotal | 36,778 |  |  | 22,512 |
Valuation allowance | (6,890 | ) |  | (4,032 | )
Total deferred tax assets | 29,888 |  |  | 18,480 |
Deferred tax liabilities: |  |  |  |  |
Depreciation and amortization | (35,639 | ) |  | (10,965 | )
IP installment obligation | (16,557 | ) |  | (19,750 | )
Other | (1,237 | ) |  | (248 | )
Total deferred tax liabilities | (53,433 | ) |  | (30,963 | )
Net deferred tax liabilities | $ | (23,545 | ) |  | $ | (12,483 | )
Summary of reconciliation of the gross beginning and ending amount of unrecognized tax benefits | A reconciliation of the gross beginning and ending amount of unrecognized tax benefits is as follows:
Balance at June 30, 2012 | $ | 6,320 |
Additions based on tax positions related to the current tax year | 250 |
Reductions based on tax positions related to prior tax years | (234 | )
Reductions due to audit settlements | (654 | )
Balance at June 30, 2013 | $ | 5,682 |
Additions based on tax positions related to the current tax year | 152 |
Additions based on tax positions related to prior tax years | 1,244 |
Reductions due to lapse of statute of limitations | (334 | )
Balance at June 30, 2014 | $ | 6,744 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 + Details
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