Equity-Accounted Investments And Other Long-Term Assets (Tables)

3 Months Ended

Sep. 30, 2018

Equity-Accounted Investments And Other Long-Term Assets [Abstract]

Ownership Percentage Of Equity-Accounted Investments

	September		June 30,
	30, 2018		2018
Bank Frick & Co AG ("Bank Frick")	35	%	35	%
Fanaka Holdings (Pty) Ltd ("Fanaka")	40	%	-
Finbond Group Limited ("Finbond")	29	%	29	%
OneFi Limited (formerly KZ One) ("OneFi")	25	%	25	%
SmartSwitch Namibia (Pty) Ltd ("SmartSwitch Namibia")	50	%	50	%
Speckpack Field Services (Pty) Ltd ("Speckpack")	50	%	50	%
Walletdoc Proprietary Limited ("Walletdoc")	20	%	20	%

Summary Of Movement In Equity-Accounted Investments

		Bank
		Frick			Finbond			Other^(1⁾			Total
Investment in equity:
Balance as of June 30, 2018	$	48,129		$	30,958		$	6,092		$	85,179
Acquisition of shares		-			1,920			-			1,920
Stock-based compensation		-			77			-			77
Comprehensive income (loss):		(588	)		7,305			86			6,803
Other comprehensive loss		-			5,430			-			5,430
Equity accounted earnings (loss)		(588	)		1,875			86			1,373
Share of net income		162			1,852			86			2,100
Amortization of acquired intangible assets		(189	)		-			-			(189	)
Deferred taxes on acquired intangible assets		45			-			-			45
Dilution resulting from corporate transactions		-			23			-			23
Other		(606	)		-			-			(606	)
Dividends received		-			(1,920	)		-			(1,920	)
Return on investment		-			-			(284	)		(284	)
Foreign currency adjustment⁽²⁾		435			(1,059	)		(57	)		(681	)
Balance as of September 30, 2018	$	47,976		$	37,281		$	5,837		$	91,094

Investment in loans:
Balance as of June 30, 2018	$	-		$	-		$	3,152		$	3,152
Foreign currency adjustment⁽²⁾		-			-			(5	)		(5	)
Balance as of September 30, 2018	$	-		$	-		$	3,147		$	3,147

(1) Includes OneFi, SmartSwitch Namibia, Speckpack, Fanaka and Walletdoc;

(2) The foreign currency adjustment represents the effects of the fluctuations of the South African rand, Swiss franc, Nigerian naira and Namibian dollar, and the U.S. dollar on the carrying value.

Carrying Amount Of Equity-Accounted Investments

		Equity		Loans		Total
Carrying amount as of:
June 30, 2018	$	85,179	$	3,152	$	88,331
September 30, 2018	$	91,094	$	3,147	$	94,241

Summary Of Other Long-Term Asset

		September 30,		June 30,
		2018		2018

Total equity investments	$	194,570	$	199,865
Investment in 15% of Cell C, at fair value (Note 6)		167,835		172,948
Investment in 12% of MobiKwik, at fair value⁽¹⁾		26,735		26,917
Total held to maturity investments		10,551		10,395
Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes		10,551		10,395
Long-term portion of payments to agents in South Korea amortized over the contract period		15,946		17,582
Long-term portion of other finance loans receivable		16,161		12,283
Contingent purchase consideration		-		9,064
Policy holder assets under investment contracts (Note 9)		598		610
Reinsurance assets under insurance contracts (Note 9)		619		633
Other long-term assets		6,705		5,948
Total other long-term assets	$	245,150	$	256,380

(1) The Company has determined that MobiKwik does not have readily determinable fair value and has therefore elected to recorded this investment at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. The Company accounted for its investment in MobiKwik at cost as of June 30, 2018.

Summary Of Unrealized Gain (Loss) On Investments

Summarized below are the components of the Company's held to maturity investments as of September 30, 2018:

				Unrealized		Unrealized
				holding		holding		Carrying
		Cost basis		gains		losses		value
Held to maturity:
Investment in Cedar Cellular notes	$	9,000	$	1,551	$	-	$	10,551
Total	$	9,000	$	1,551	$	-	$	10,551

Summarized below are the components of the Company's held to maturity investments as of June 30, 2018:

				Unrealized		Unrealized
				holding		holding		Carrying
		Cost basis		gains		losses		value
Held to maturity:
Investment in Cedar Cellular notes	$	9,000	$	1,395	$	-	$	10,395
Total	$	9,000	$	1,395	$	-	$	10,395

Summary Of Contractual Maturity Of Investment

				Estimated
		Cost		fair
		basis		value^(1⁾
Due in one year or less	$	-	$	-
Due in one year through five years		9,000		9,625
Due in five years through ten years		-		-
Due after ten years		-		-
Total	$	9,000	$	9,625

(1) The estimated fair value of the Cedar Cellular note has been calculated utilizing the Company's portion of the security provided to the Company by Cedar Cellular, namely, Cedar Cellular's investment in Cell C.