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FINANCING ARRANGEMENTS: | 6 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
FINANCING ARRANGEMENTS | FINANCING ARRANGEMENTS: The Company’s long-term debt consists of the following:
|  | Maturity Dates |  | Interest Rate |  | December 31, 2017 |  | June 30, 2017
|  | (fiscal year) |  |  |  | (Dollars in thousands)
Senior Term Notes, net |  | 2020 |  | 5.50% |  | $ | 121,096 |  |  | $ | 120,599 |
Revolving credit facility |  | 2018 |  | — |  | — |  |  | — |
|  |  |  |  |  | $ | 121,096 |  |  | $ | 120,599 |
Senior Term Notes In December 2015, the Company exchanged its $120.0 million 5.75% senior notes due December 2017 for $123.0 million 5.5% senior notes due December 2019 (Senior Term Notes). The Senior Term Notes were issued at a $3.0 million discount which is being amortized to interest expense over the term of the notes. Interest on the Senior Term Notes is payable semi-annually in arrears on June 1 and December 1 of each year. The Senior Term Notes are unsecured and not guaranteed by any of the Company’s subsidiaries or any third parties. The following table contains details related to the Company's Senior Term Notes:
|  | December 31, 2017 |  | June 30, 2017
|  | (Dollars in thousands)
Principal amount on the Senior Term Notes |  | $ | 123,000 |  |  | $ | 123,000 |
Unamortized debt discount |  | (1,439 | ) |  | (1,815 | )
Unamortized debt issuance costs |  | (465 | ) |  | (586 | )
Senior Term Notes, net |  | $ | 121,096 |  |  | $ | 120,599 |
Revolving Credit Facility The Company has a $200 million five-year unsecured revolving credit facility that expires in June 2018. The revolving credit facility has interest rates tied to LIBOR credit spread. As of December 31, 2017 and June 30, 2017, the Company had no outstanding borrowings under this credit facility. The Company had outstanding standby letters of credit under the facility of $1.5 million at December 31, 2017 and June 30, 2017, primarily related to the Company's self-insurance program, therefore, unused available credit under the facility at December 31, 2017 and June 30, 2017 was $198.5 million. The Company was in compliance with all covenants and requirements of its financing arrangements as of and during the three months ended December 31, 2017.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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