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Debt (Tables)
12 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Components of Debt

The components of debt were as follows ($000):

 

June 30,

 

2017

 

 

2016

 

Line of credit, interest at LIBOR, as defined, plus 1.5%

 

$

252,000

 

 

$

188,000

 

Term loan, interest at LIBOR, as defined, plus 1.5%

 

 

85,000

 

 

 

45,000

 

Yen denominated line of credit, interest at LIBOR, as

   defined, plus 0.625%

 

 

2,679

 

 

 

2,917

 

Note payable assumed in IPI acquisition

 

 

3,834

 

 

 

-

 

Total debt

 

 

343,513

 

 

 

235,917

 

Current portion of long-term debt

 

 

(20,000

)

 

 

(20,000

)

Unamortized debt issuance costs

 

 

(1,491

)

 

 

(610

)

Long-term debt, less current portion

 

$

322,022

 

 

$

215,307

 

 

Remaining Annual Principal Payments of Credit Facilities and Note Payable

Remaining annual principal payments under the Company’s existing credit facilities and note payable as of June 30, 2017 were as follows ($000):

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dollar

 

 

 

 

 

 

 

 

 

 

 

Term

 

 

Yen Line

 

 

Line of

 

 

Note

 

 

 

 

 

Period

 

Loan

 

 

of Credit

 

 

Credit

 

 

Payable

 

 

Total

 

Year 1

 

$

20,000

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

20,000

 

Year 2

 

 

20,000

 

 

 

-

 

 

 

-

 

 

 

3,834

 

 

$

23,834

 

Year 3

 

 

20,000

 

 

 

-

 

 

 

 

 

 

 

 

 

 

$

20,000

 

Year 4

 

 

20,000

 

 

 

2,679

 

 

 

-

 

 

 

-

 

 

$

22,679

 

Year 5

 

 

5,000

 

 

 

-

 

 

 

252,000

 

 

 

-

 

 

$

257,000

 

Thereafter

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

$

-

 

Total

 

$

85,000

 

 

$

2,679

 

 

$

252,000

 

 

$

3,834

 

 

$

343,513