XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.19.1

Fair Value Of Financial Instruments (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2019
Fair Value Of Financial Instruments [Abstract] |
Impact of EBITDA Multiple |
|  | Sensitivity for
|  | fair value of
|  | Cell C investment
EBITDA multiple of 5.90 times | $ | 105,601
EBITDA multiple of 6.40 times |  | 121,941
EBITDA multiple of 6.90 times | $ | 138,347
Outstanding Foreign Exchange Contracts |
|  | Fair market |
Notional amount | Strike price | value price | Maturity
USD 420,000 | ZAR 15.5704 | ZAR 14.5150 | April 26, 2019
Fair Value Of Assets And Liabilities Measured On Recurring Basis |
|  | Quoted price in |  | Significant |  |  |  |
|  | active markets |  | other |  | Significant |  |
|  | for identical |  | observable |  | unobservable |  |
|  | assets |  | inputs |  | inputs |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
Assets |  |  |  |  |  |  |  |
Investment in Cell C | $ | - | $ | - | $ | 121,941 | $ | 121,941
Related to insurance business: |  |  |  |  |  |  |  |
Cash, cash equivalents and restricted cash |  |  |  |  |  |  |  |
(included in other long-term assets) |  | 596 |  | - |  | - |  | 596
Fixed maturity investments (included in |  |  |  |  |  |  |  |
cash and cash equivalents) |  | 4,620 |  | - |  | - |  | 4,620
Other |  | - |  | 420 |  | - |  | 420
Total assets at fair value | $ | 5,216 | $ | 420 | $ | 121,941 | $ | 127,577
Liabilities |  |  |  |  |  |  |  |
Foreign exchange contracts |  | - |  | 31 |  | - |  | 31
Total liabilities at fair value | $ | - | $ | 31 | $ | - | $ | 31
|  | Quoted price in |  | Significant |  |  |  |
|  | active markets |  | other |  | Significant |  |
|  | for identical |  | observable |  | unobservable |  |
|  | assets |  | inputs |  | inputs |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
Assets |  |  |  |  |  |  |  |
Investment in Cell C | $ | - | $ | - | $ | 172,948 | $ | 172,948
Related to insurance business: |  |  |  |  |  |  |  |
Cash and cash equivalents (included in other |  |  |  |  |  |  |  |
long-term assets) |  | 610 |  | - |  | - |  | 610
Fixed maturity investments (included in cash |  |  |  |  |  |  |  |
and cash equivalents) |  | 8,304 |  | - |  | - |  | 8,304
Other |  | - |  | 18 |  | - |  | 18
Total assets at fair value | $ | 8,914 | $ | 18 | $ | 172,948 | $ | 181,880
Liabilities |  |  |  |  |  |  |  |
DNI contingent consideration | $ | - | $ | - | $ | 27,222 | $ | 27,222
Total liabilities at fair value | $ | - | $ | - | $ | 27,222 | $ | 27,222
Carrying Value Of Assets And Liabilities Measured On Recurring Basis |
|  | Carrying value |
Assets |  |  |
Balance as at June 30, 2018 | $ | 172,948 |
Loss on fair value re-measurements |  | (42,099 | )
Foreign currency adjustment(1) |  | (8,908 | )
Balance as of March 31, 2019 | $ | 121,941 |
Liabilities |  |  |
Balance as at June 30, 2018 | $ | 27,222 |
Accretion of interest |  | 1,848 |
Settlement of contingent consideration (Note 2 and Note 16) |  | (27,626 | )
Foreign currency adjustment(1) |  | (1,444 | )
Balance as of March 31, 2019 | $ | - |
(1) The foreign currency adjustment represents the effects of the fluctuations of the South African rand and the U.S. dollar on the carrying value.
|  | Carrying value
Assets |  |
Acquisition of investment in Cell C | $ | 151,003
Gain on fair value re-measurements |  | 37,843
Foreign currency adjustment(1) |  | 18,124
Balance as of March 31, 2018 | $ | 206,970
(1) The foreign currency adjustment represents the effects of the fluctuations of the South African rand and the U.S. dollar on the carrying value.

X
- Definition Fair Value, Assets And Liabilities Measured On Recurring Basis [Table Text Block] + References No definition available. + Details
Name: | ueps_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | ueps_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration