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Income Taxes Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the gross beginning and ending amount of unrecognized tax benefits is as follows:

Balance at June 30, 2014	$	6,744
Additions based on tax positions related to the current tax year	208
Additions based on tax positions related to prior tax years	73
Reductions based on tax positions related to prior tax years	(1,240		)
Reductions due to audit settlements	(75		)
Balance at June 30, 2015	$	5,710
Additions based on tax positions related to the current tax year	328
Additions based on tax positions related to prior tax years	132
Reductions based on tax positions related to prior tax years	(363		)
Reductions due to audit settlements	(1,129		)
Reductions due to lapse of statute of limitations	(429		)
Balance at June 30, 2016	$	4,249

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of our deferred income tax assets and liabilities consist of the following at June 30, 2016 and 2015:

	Year Ended June 30,
	2016				2015
Deferred tax assets:
Net operating loss carryforwards	$	52,469			$	31,547
Depreciation and amortization	413				836
Accrued expenses	4,387				4,691
Share-based compensation	17,017				15,580
Credit and other carryforwards	953				114
Derivative financial instruments	2,799				2,396
Other	2,923				1,598
Subtotal	80,961				56,762
Valuation allowance	(35,429		)		(16,612		)
Total deferred tax assets	45,532				40,150
Deferred tax liabilities:
Depreciation and amortization	(74,804		)		(54,966		)
IP installment obligation	(9,608		)		(13,325		)
Capital Leases	(30		)		(1,345		)
Tax on unremitted earnings	(3,233		)		(361		)
Other	(1,193		)		(471		)
Total deferred tax liabilities	(88,868		)		(70,468		)
Net deferred tax liabilities	$	(43,336	)		$	(30,318	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the standard U.S. federal statutory tax rate and our effective tax rate:

	Year Ended June 30,
	2016			2015			2014
U.S. federal statutory income tax rate	35.0	%		35.0	%		35.0	%
State taxes, net of federal effect	0.1			0.8			3.4
Tax rate differential on non-U.S. earnings	(35.7	)		(23.8	)		(19.3	)
Impact of goodwill impairment charge	16.1			—			—
Compensation related items	(1.6	)		1.1			4.3
Increase in valuation allowance	26.9			8.0			4.8
Nondeductible acquisition-related payments	3.4			3.7			0.3
Notional interest deduction (Italy)	(5.3	)		(2.5	)		(0.1	)
Net tax benefit on intellectual property transfer	(17.7	)		(12.2	)		(16.4	)
Nondeductible loss on investment in Namex	—			—			3.8
Tax on unremitted earnings	4.3			0.2			—
Tax credits and incentives	(4.0	)		(1.7	)		(1.4	)
Other	2.2			1.9			4.3
Effective income tax rate	23.7	%		10.5	%		18.7	%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision (benefit) for income taxes are as follows:

	Year Ended June 30,
	2016			2015			2014
Current:
U.S. Federal	7,915			12,680			10,438
U.S. State	116			2,313			3,880
Non-U.S.	23,164			12,496			8,273
Total current	31,195			27,489			22,591
Deferred:
U.S. Federal	(2,353	)		(4,505	)		(3,754	)
U.S. State	13			(1,070	)		(897	)
Non-U.S.	(13,171	)		(11,473	)		(7,350	)
Total deferred	(15,511	)		(17,048	)		(12,001	)
Total	15,684			10,441			10,590

Summary of Valuation Allowance [Table Text Block]

A reconciliation of the beginning and ending amount of the valuation allowance for the year ended June 30, 2016 is as follows:

Balance at June 30, 2015	$	16,612
Charges to earnings (1)	17,830
Charges to other accounts (2)	987
Balance at June 30, 2016	$	35,429

_________________

(1) Amount is primarily related to non-U.S. net operating losses.

(2) Amount is primarily related to unrealized losses on cross-currency swap contracts included in other comprehensive income (loss) and an increase in deferred tax assets on non-U.S. net operating losses due to currency exchange rate changes.

X

- 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

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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.

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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.

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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.

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