Employee Benefit Plan

9 Months Ended

Mar. 31, 2017

Employee Benefit Plan

Employee Benefit Plan

Note 19.  Employee Benefit Plan

The Company has a 401k defined contribution plan (the “Plan”) covering substantially all employees.  Pursuant to the Plan provisions, the Company is required to make matching contributions equal to 50% of each employee’s contribution, not to exceed 4% of the employee’s compensation for the Plan year.  Contributions to the Plan during the three months ended March 31, 2017 and 2016 were $527 thousand and $629 thousand, respectively.  Contributions to the Plan during the nine months ended March 31, 2017 and 2016 were $1.6 million and $1.1 million, respectively.