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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 76,726 $ 103,584
Marketable Securities 6,194 6,910
Accounts receivable, net of allowances of $476 and $372, respectively 36,992 32,145
Inventory 19,640 18,356
Prepaid expenses and other current assets 64,656 55,103
Total current assets 204,208 216,098
Property, plant and equipment, net 497,182 467,511
Software and web site development costs, net 31,850 22,109
Deferred tax assets 21,560 17,172
Goodwill 474,736 400,629 [1]
Intangible assets, net 232,100 151,063
Other assets 24,905 25,213
Total assets 1,486,541 1,299,795
Current liabilities:    
Accounts payable 72,068 65,875
Accrued expenses 191,757 172,826
Deferred revenue 29,383 23,407
Deferred tax liabilities 0 1,043
Short-term debt 19,842 [2] 21,057
Other current liabilities 24,900 21,470
Total current liabilities 337,950 305,678
Deferred tax liabilities 72,792 48,007
Lease financing obligation 111,109 93,841
Long-term debt 676,805 493,039
Other liabilities 71,231 52,073
Total liabilities $ 1,269,887 $ 992,638
Commitments and contingencies (Note 15)
Temporary equity    
Redeemable noncontrolling interests $ 64,871 $ 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 31,465,174 and 33,203,065 shares outstanding, respectively 615 615
Treasury shares, at cost, 12,615,453 and 10,877,562 shares, respectively (550,766) (412,132)
Additional paid-in capital 335,272 324,281
Retained earnings 465,168 435,052
Accumulated other comprehensive loss (98,864) (98,909)
Total shareholders’ equity attributable to Cimpress N.V. 151,425 248,907
Noncontrolling interest 358 512
Total shareholders' equity 151,783 249,419
Total liabilities, noncontrolling interests and shareholders’ equity $ 1,486,541 $ 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 period ended June 30, 2015. In connection with our change in operating segments, there was an immaterial re-allocation of historical goodwill in the period. See Note 14 for additional details.
[2] Balances as of March 31, 2016 and June 30, 2015 are inclusive of short-term debt issuance costs and debt discounts of $1,681 and $1,662, respectively.