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Other Long Term Liabilities
12 Months Ended
Jun. 30, 2020
Other Liabilities Disclosure [Abstract]  
Other Long Term Liabilities

8.

OTHER LONG-TERM LIABILITIES

 

 

 

Years Ended June 30,

 

 

 

2020

 

 

2019

 

Pension obligation

 

$

 

 

$

6.8

 

Other

 

 

4.3

 

 

 

1.0

 

Total other long-term liabilities

 

$

4.3

 

 

$

7.8

 

 

The Company’s balance of other long-term liabilities for the year ended June 30, 2020 consists of Company’s portion of social security taxes that have been deferred under the CARES Act that do not have to be deposited until December 2021 and December 2022. The Company previously held two non-contributory defined benefit pension plans for its current and former Clinic employees. The Company has closed participation in the plans to exclude those employees hired after 2002. As of June 30, 2019 the fair value of the plan assets were approximately $0.1 resulting in a net pension liability of $6.8. The Company sold the Clinic in February 2020 and as a result the net pension liability was removed upon deconsolidation. See Note 16 for further discussion regarding the sale of the Clinic.