Commitments, Contingencies And Guarantees

6 Months Ended

Dec. 31, 2011

Commitments, Contingencies And Guarantees [Abstract]

Commitments, Contingencies And Guarantees

NOTE 9 – COMMITMENTS, CONTINGENCIES AND GUARANTEES

As of December 31, 2011, we had approximately $43.0 million in purchase obligations with various vendors for the purchase of computer software and other services.

The 2011 Credit Agreement, our unsecured senior credit facility, is guaranteed by certain of our U.S. subsidiaries.

We have letter-of-credit agreements with banks totaling approximately $7.7 million guaranteeing performance under various operating leases and vendor agreements.

We periodically become involved in various claims and lawsuits that are incidental to our business. We believe, after consultation with counsel, that no matters currently pending would, in the event of an adverse outcome, either individually or in aggregate, have a material impact on our consolidated financial position, results of operations, or liquidity.