XML 42 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
INVESTMENTS IN AFFILIATES (Tables)
12 Months Ended
Jun. 30, 2016
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of equity method investments
The table below summarizes losses recorded by the Company related to its investments:
 
 
Fiscal Year
 
 
2016
 
2015
 
2014
 
 
(Dollars in thousands)
Equity losses (1)
 
$
(1,829
)
 
$
(8,975
)
 
$
(11,623
)
Other than temporary impairment
 
(12,954
)
 
(4,654
)
 

Total losses
 
$
(14,783
)
 
$
(13,629
)
 
$
(11,623
)
_____________________________
(1)
For fiscal year 2015, includes $6.9 million of expense for a non-cash deferred tax valuation allowance related to EEG. For fiscal year 2014, includes $21.2 million of pretax non-cash impairment charges related to EEG for goodwill and fixed and intangible asset impairments.
The table below summarizes financial information recorded by the Company:
 
 
Fiscal Year
 
 
2016
 
2015
 
2014
 
 
(Dollars in thousands)
Equity losses (1)
 
$
(1,832
)
 
$
(8,958
)
 
$
(14,701
)
Other than temporary impairment
 
(12,954
)
 
(4,654
)
 

Total losses related to EEG
 
$
(14,786
)
 
$
(13,612
)
 
$
(14,701
)
Investment balance
 
$

 
$
14,786

 
$
28,398

_____________________________
(1)
For fiscal year 2015, includes $6.9 million of expense for a non-cash deferred tax valuation allowance related to EEG. For fiscal year 2014, includes $21.2 million of pretax non-cash impairment charges related to EEG for goodwill and fixed and intangible asset impairments.