Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2016

Fair Value Hierarchy for Assets and Liabilities Measured on Recurring Basis

The following table provides the fair value hierarchy for assets and liabilities measured on a recurring basis.

	Fair Value at September 30, 2016							Fair Value at June 30, 2016
Description	Level 1		Level 2		Level 3			Level 1		Level 2		Level 3
Assets/(Liabilities)
Available-for-sale securities	$	56,355	$	-	$	15,000		$	54,447	$	-	$	-
Foreign exchange contracts		-		121,124		-			-		139,259		-
Pension assets		3,204		-		-			3,090		-		-
Contingent consideration		-		-		(60,060	)		-		-		(50,727	)
Net asset/(liability)	$	59,559	$	121,124	$	(45,060	)	$	57,537	$	139,259	$	(50,727	)

Total Losses for the

Three Months Ended

September 30,

Description of Liability

2016

2015

Contingent Consideration

(11,586

)

(457

)

Carrying Value for Assets and Liabilities Measured on Non-Recurring Basis under Level 3 of Fair Value Hierarchy and Losses Recorded During Periods Presented

The following table provides the carrying value for assets and liabilities measured on a non-recurring basis, all of which are measured under Level 3 of the fair value hierarchy, and the losses recorded during the periods presented. There were no gains or losses recognized in the three months ended September 30, 2016 and 2015.

Description of Assets	September 30, 2016		June 30, 2016
Equity method investments	$	2,156	$	1,175
Goodwill		1,511,380		1,510,279
Long-lived assets		1,057,099		1,069,574
Total	$	2,570,635	$	2,581,028