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LINES OF CREDIT | 6 Months Ended
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Dec. 31, 2014
Notes to Financial Statements |
LINES OF CREDIT (IN THOUSANDS, EXCEPT EARNINGS PER SHARE AND NUMBER OF SHARES) | Carrying value of the Company’s lines of credit approximates its fair value because the interest rates associated with the lines of credit are adjustable in accordance with market situations when the Company borrowed funds with similar terms and remaining maturities. The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of December 31, 2014, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Expiration |  | Credit |  | Unused
Facility |  | Facility |  | Rate |  | Date |  | Limitation |  | Credit
Trio-Tech International Pte. Ltd., Singapore |  |  | Lines of Credit |  |  | Ranging from 1.88% to 8.06% |  |  | — |  |  | $ | 8,135 |  |  | $ | 5,618 |
Trio-Tech (Malaysia) Sdn. Bhd |  |  | Lines of Credit |  |  | Ranging from 4.6% to 5.1% |  |  | — |  |  | $ | 429 |  |  | $ | 257 |
The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of June 30, 2014, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Expiration |  | Credit |  | Unused
Facility |  | Facility |  | Rate |  | Date |  | Limitation |  | Credit
Trio-Tech International Pte. Ltd., Singapore |  |  | Lines of Credit |  |  | Ranging from 1.77% to 6.04% |  |  | — |  |  | $ | 9,073 |  |  | $ | 5,306 |

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