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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 73,201 $ 103,584
Marketable Securities 5,883 6,910
Accounts receivable, net of allowances of $333 and $372, respectively 36,100 32,145
Inventory 20,890 18,356
Prepaid expenses and other current assets 61,320 55,103
Total current assets 197,394 216,098
Property, plant and equipment, net 490,605 467,511
Software and web site development costs, net 27,148 22,109
Deferred tax assets 20,772 17,172
Goodwill 399,102 400,629 [1]
Intangible assets, net 141,589 151,063
Other assets 25,921 25,213
Total assets 1,302,531 1,299,795
Current liabilities:    
Accounts payable 73,748 65,875
Accrued expenses 200,661 172,826
Deferred revenue 23,593 23,407
Deferred tax liabilities 0 1,043
Short-term debt 19,331 [2] 21,057
Other current liabilities 22,701 21,470
Total current liabilities 340,034 305,678
Deferred tax liabilities 44,819 48,007
Lease financing obligation 111,972 93,841
Long-term debt 528,395 493,039
Other liabilities 54,424 52,073
Total liabilities $ 1,079,644 $ 992,638
Commitments and contingencies (Note 14)
Temporary equity    
Redeemable noncontrolling interests $ 64,833 $ 57,738
Shareholders’ equity:    
Preferred shares, par value €0.01 per share, 100,000,000 shares authorized; none issued and outstanding 0 0
Ordinary shares, par value €0.01 per share, 100,000,000 shares authorized; 44,080,627 shares issued; and 31,437,158 and 33,203,065 shares outstanding, respectively 615 615
Treasury shares, at cost, 12,643,469 and 10,877,562 shares, respectively (546,879) (412,132)
Additional paid-in capital 327,968 324,281
Retained earnings 499,121 435,052
Accumulated other comprehensive loss (123,158) (98,909)
Total shareholders’ equity attributable to Cimpress N.V. 157,667 248,907
Noncontrolling interest 387 512
Total shareholders' equity 158,054 249,419
Total liabilities, noncontrolling interests and shareholders’ equity $ 1,302,531 $ 1,299,795
[1] Our segment reporting was revised during the first quarter of fiscal 2016 and, as such, we have re-allocated our goodwill by segment for the period ended June 30, 2015. In connection with our change in operating segments, there was an immaterial re-allocation of historical goodwill in the period.
[2] (1) Balances as of December 31, 2015 and June 30, 2015 are inclusive of short-term debt issuance costs and debt discounts of $1,668 and $1,662, respectively.