Other Long-Term Assets |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
OTHER LONG-TERM ASSETS | OTHER LONG-TERM ASSETS Other long-term assets consist of the following (in thousands):
The Company recorded $0.3 million and $0.2 million in amortization expense on deferred loan costs during the years ended June 30, 2015 and 2014, respectively. There was no amortization expense on deferred loan costs during the year ended June 30, 2013. Amortization expense on deferred loan costs is recognized based on the straight-line method, which approximates the effective interest method, and is included in interest and investment income, net in the consolidated statements of income. |