Fair Value Measurement (Tables)

12 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Our financial assets and liabilities measured at fair value on a recurring basis consisted of the following types of instruments as of June 30, 2016 and June 30, 2015:

June 30, 2016

June 30, 2015

Fair Market Measurements using:

Fair Market Measurements using:

June 30, 2016

Quoted prices in active markets for identical assets/ (liabilities)

Significant other observable inputs

Significant unobservable inputs

June 30, 2015

Quoted prices in active markets for identical assets/ (liabilities)

Significant other observable inputs

Significant unobservable inputs

(Level 1)

(Level 2)

(Level 3)

(Level 1)

(Level 2)

(Level 3)

Financial Assets:

Short-term investments*

$

11,839

n/a

$

11,839

n/a

$

20,274

n/a

$

20,274

n/a

Derivative financial instrument asset (note 16)

792

n/a

792

n/a

273

n/a

273

n/a

$

12,631

n/a

$

12,631

n/a

$

20,547

n/a

$

20,547

n/a

*These assets in the table above are classified as Level 2 as certain specific assets included within may not have quoted prices that are readily accessible in an active market or we may have relied on alternative pricing methods that do not rely exclusively on quoted prices to determine the fair value of the investments.

Fair Value, by Balance Sheet Grouping

A summary of our short-term investments outstanding as of June 30, 2016 and 2015 is as follows:

	As of June 30, 2016									As of June 30, 2015
	Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Short-term investments	$	11,406	$	436	$	(3	)	$	11,839	$	20,286	$	2	$	(14	)	$	20,274