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FAIR VALUE MEASUREMENTS: (Tables)
9 Months Ended
Mar. 31, 2012
FAIR VALUE MEASUREMENTS:  
Schedule of assets and liabilities measured at fair value on a recurring basis

 

 

 

 

Fair Value at

 

Fair Value Measurements
Using Inputs Considered as

 

 

 

March 31, 2012

 

Level 1

 

Level 2

 

Level 3

 

 

 

(Dollars in thousands)

 

ASSETS

 

 

 

 

 

 

 

 

 

Non-current assets

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$

24

 

$

 

$

24

 

$

 

Equity call option - Roosters

 

117

 

 

 

117

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$

47

 

$

 

$

47

 

$

 

 

 

 

 

 

 

 

 

 

 

Non-current liabilities

 

 

 

 

 

 

 

 

 

Equity put option - Provalliance

 

$

667

 

$

 

$

 

$

667

 

Equity put option - Roosters

 

161

 

 

 

161

 

 

 

 

Fair Value at

 

Fair Value Measurements
Using Inputs Considered as

 

 

 

June 30, 2011

 

Level 1

 

Level 2

 

Level 3

 

 

 

(Dollars in thousands)

 

ASSETS

 

 

 

 

 

 

 

 

 

Non-current assets

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$

212

 

$

 

$

212

 

$

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$

599

 

$

 

$

599

 

$

 

 

 

 

 

 

 

 

 

 

 

Non-current liabilities

 

 

 

 

 

 

 

 

 

Equity put option - Provalliance

 

$

22,700

 

$

 

$

 

$

22,700

 

Schedule of changes in Level 3 financial instruments measured at fair value on a recurring basis

 

 

 

 

Changes in Financial Instruments
Measured at Level 3 Fair Value Classified as

 

 

 

Roosters
Equity Call Option

 

Roosters
Equity Put Option

 

Provalliance
Equity Put Option

 

 

 

(Dollars in thousands)

 

Balance at July 1, 2011 

 

$

 

$

 

$

22,700

 

Total realized and unrealized (losses) gains:

 

 

 

 

 

 

 

Included in other comprehensive income (loss)

 

 

 

(1,576

)

Issuances

 

 

161

 

 

Purchases

 

117

 

 

 

Balance at September 30, 2011

 

$

117

 

$

161

 

$

21,124

 

Total realized and unrealized losses:

 

 

 

 

 

 

 

Included in other comprehensive income (loss)

 

 

 

(681

)

Balance at December 31, 2011

 

$

117

 

$

161

 

$

20,443

 

Total realized and unrealized gains (losses):

 

 

 

 

 

 

 

Included in other comprehensive income (loss)

 

 

 

446

 

Included in equity in loss of affiliated companies

 

 

 

(20,222

)

Balance at March 31, 2012

 

$

117

 

$

161

 

$

667

 

 

 

 

Changes in Financial Instruments
Measured at Level 3 Fair Value Classified as

 

 

 

Preferred Shares

 

Provalliance
Equity Put Option

 

 

 

(Dollars in thousands)

 

Balance at July 1, 2010

 

$

3,502

 

$

22,009

 

Total realized and unrealized gains:

 

 

 

 

 

Included in other comprehensive income

 

230

 

2,514

 

Balance at September 30, 2010

 

$

3,732

 

$

24,523

 

Total realized and unrealized gains (losses):

 

 

 

 

 

Included in other comprehensive income

 

99

 

(441

)

Balance at December 31, 2010

 

$

3,831

 

$

24,082

 

Total realized and unrealized gains (losses):

 

 

 

 

 

Included in other comprehensive income

 

(83

)

1,333

 

Included in equity in loss of affiliated companies

 

 

(2,509

)

Transfer out of Level 3

 

 

(714

)

Other than temporary impairment

 

(3,748

)

 

Balance at March 31, 2011

 

$

 

$

22,192

 

Schedule of assets and liabilities measured at fair value on a nonrecurring basis

 

 

 

 

Fair Value at

 

 

 

 

 

 

 

 

 

 

 

March 31, 2012

 

Level 1

 

Level 2

 

Level 3

 

Total Losses

 

 

 

 

(Dollars in thousands)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Investment in affiliates — Provalliance

 

$

106,720

 

$

 

$

 

$

106,720

 

$

(37,045

)

 

 

 

Fair Value at

 

 

 

 

 

 

 

 

 

 

 

March 31, 2011

 

Level 1

 

Level 2

 

Level 3

 

Total Losses

 

 

 

 

 

(Dollars in thousands)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Goodwill — Promenade

 

$

240,626

 

$

 

$

 

$

240,626

 

$

(74,100

)