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Receivables - Indemnity Holdback Related to the Asset Sale | 6 Months Ended
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Dec. 31, 2015
Working Capital And Indemnity Holdback Related To Asset Sale Receivable [Abstract] |
Receivables - Indemnity Holdback Related to the Asset Sale | Receivables – Indemnity Holdback Related to the Asset Sale In August 2014, the Company completed the Asset Sale. The net sales price was $59.3 million, which included a working capital adjustment of $1.7 million. As of December 31, 2015, the Company received cash of $53.2 million and recorded a receivable of $6.1 million for the indemnity holdback. As of the date of this quarterly report on Form 10-Q, no claims have been asserted against the indemnity holdback. The indemnity holdback amount, minus any amounts previously released in respect of indemnity claims or held back with respect to pending claims, will be released within three days after the 18-month anniversary of the closing of the Asset Sale pursuant to the terms of an escrow agreement.

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