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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 77,426 $ 103,584
Marketable securities 7,893 6,910
Accounts receivable, net of allowances of $490 and $372, respectively 32,327 32,145
Inventory 18,125 18,356
Prepaid expenses and other current assets 64,997 55,103
Total current assets 200,768 216,098
Property, plant and equipment, net 493,163 467,511
Software and web site development costs, net 35,212 22,109
Deferred tax assets 26,093 17,172
Goodwill 466,005 400,629 [1]
Intangible assets, net 216,970 151,063
Other assets 25,658 25,213
Total assets 1,463,869 1,299,795
Current liabilities:    
Accounts payable 86,682 65,875
Accrued expenses 178,987 172,826
Deferred revenue 25,842 23,407
Deferred tax liabilities 0 1,043
Short-term debt 21,717 [2] 21,057
Other current liabilities 22,635 21,470
Total current liabilities 335,863 305,678
Deferred tax liabilities 69,430 48,007
Lease financing obligation 110,232 93,841
Long-term debt 656,794 493,039
Other liabilities 60,173 52,073
Total liabilities 1,232,492 992,638
Commitments and contingencies (Note 18)
Temporary equity    
Redeemable noncontrolling interests 65,301 57,738
Shareholders’ equity:    
Preferred shares, par value €0.01 per share, 100,000,000 shares authorized; none issued and outstanding 0 0
Ordinary shares, par value €0.01 per share, 100,000,000 shares authorized; 44,080,627 shares issued; and 31,536,732 and 33,203,065 shares outstanding, respectively 615 615
Treasury shares, at cost,12,543,895 and 10,877,562 shares, respectively (548,549) (412,132)
Additional paid-in capital 335,192 324,281
Retained earnings 486,482 435,052
Accumulated other comprehensive loss (108,015) (98,909)
Total shareholders’ equity attributable to Cimpress N.V. 165,725 248,907
Noncontrolling interest 351 512
Total shareholders' equity 166,076 249,419
Total liabilities, noncontrolling interests and shareholders’ equity $ 1,463,869 $ 1,299,795
[1] Our segment reporting was revised during the first quarter of fiscal 2016 and, as such, we have re-allocated our goodwill by segment for the periods ended June 30, 2015 and 2014. In connection with our change in operating segments, there was an immaterial re-allocation of historical goodwill in the period. See Note 17 for additional details.
[2] Balances as of June 30, 2016 and 2015 are inclusive of short-term debt issuance costs and debt discounts of $1,693 and $1,662, respectively.