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Goodwill And Intangible Assets
6 Months Ended
Dec. 31, 2011
Goodwill And Intangible Assets [Abstract]  
Goodwill And Intangible Assets

4. GOODWILL AND INTANGIBLE ASSETS

     On July 1, 2011, the date as of which the Company conducts its annual impairment analysis, the Company adopted, in advance of the required adoption date, revised authoritative guidance on how an entity tests goodwill for impairment. The new guidance allows the Company to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test required under previous guidance. Under the new guidance, the Company is no longer required to calculate the fair value of a reporting unit unless the Company determines, based on a qualitative assessment, that it is more likely than not that the fair value of the reporting unit is less than its carrying amount. During the three months ended September 30, 2011, the Company determined, based on its assessment of qualitative factors as of July 1, 2011, that none of its reporting units met the "more likely than not" threshold requiring that the Company perform the first step of the two-step goodwill impairment test. Accordingly, the Company did not perform any further analysis.

     During the three months ended September 30, 2011, the Company also completed its annual impairment tests on its indefinite-lived trademarks as of July 1, 2011. Based on its annual impairment test results, the Company determined that an impairment loss existed for one of its subsidiary's trademarks as of July 1, 2011 and recognized the associated impairment loss of approximately $0.1 million.

     Subsequent to the annual impairment analysis date of July 1, 2011, there have been no events or circumstances that would have caused the Company to determine that it is more likely than not that the fair values of the Company's reporting units are less than their respective carrying values. Subsequent to July 1, 2011, there have not been any events or changes in circumstances that have caused the Company to determine that that it is more likely than not that indefinite-lived trademarks have been impaired.