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FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Schedule of long-term debt
The Company's long-term debt consists of the following:
 
 
 
 
Interest rate %
 
 
 
 
 
 
 
 
Fiscal Years
 
June 30,
 
 
Maturity Dates
 
2014
 
2013
 
2014
 
2013
 
 
(fiscal year)
 
 
 
 
 
(Dollars in thousands)
Convertible senior notes(1)(2)
 
2015
 
5.00%
 
5.00%
 
$
172,246

 
$
166,454

Senior term notes
 
2018
 
5.75
 
 
120,000

 

Revolving credit facility
 
2018
 
 
 

 

Equipment and leasehold notes payable
 
2015 - 2016
 
4.90 - 8.75
 
4.90 - 8.75
 
1,257

 
8,316

 
 
 
 
 
 
 
 
293,503

 
174,770

Less current portion (1)
 
 
 
 
 
 
 
(173,501
)
 
(173,515
)
Long-term portion
 
 
 
 
 
 
 
$
120,002

 
$
1,255


_______________________________________________________________________________
(1)
As of June 30, 2013, the Company included the convertible senior notes within long-term debt, current portion on the Consolidated Balance Sheet as the holders of the senior convertible notes had the option to convert at any time after April 15, 2014.
(2)
In July 2014, the Company settled the convertible senior notes with $172.5 million in cash.
Schedule of maturities of long-term debt
Aggregate maturities of long-term debt, including associated capital lease obligations of $1.3 million at June 30, 2014, are as follows:
Fiscal year
(Dollars in thousands)
2015
$
173,501

2016
2

2017

2018
120,000

2019

Thereafter

 
$
293,503

Schedule of equity and debt information for convertible senior notes
The following table provides equity and debt information for the convertible senior notes:
 
 
June 30,
 
 
2014
 
2013
 
 
(Dollars in thousands)
Principal amount on the convertible senior notes
 
$
172,500

 
$
172,500

Unamortized debt discount
 
(254
)
 
(6,046
)
Net carrying amount of convertible debt
 
$
172,246

 
$
166,454

Schedule of interest rate and interest expense on convertible senior notes
The following table provides interest rate and interest expense amounts related to the convertible senior notes:
 
 
Fiscal Years
 
 
2014
 
2013
 
 
(Dollars in thousands)
Interest cost related to contractual interest coupon—5.0%
 
$
8,625

 
$
8,625

Interest cost related to amortization of the discount
 
5,792

 
5,320

Total interest cost
 
$
14,417

 
$
13,945