Debt (Tables)

12 Months Ended

Jun. 30, 2018

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

June 30,	2018			2017
0.25% Convertible senior notes	$	345,000		$	-
Convertible senior notes unamortized discount attributable to cash conversion option and debt issuance costs including initial purchaser discount		(56,409	)		-
Term loan, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively		65,000			85,000
Line of credit, interest at LIBOR, as defined, plus 1.75% and 1.50%, respectively		80,000			252,000
Credit facility unamortized debt issuance costs		(1,126	)		(1,491	)
Yen denominated line of credit, interest at LIBOR, as defined, plus 1.75% and 0.625%, respectively		2,714			2,679
Note payable assumed in IPI acquisition		3,834			3,834
Total debt		439,013			342,022
Current portion of long-term debt		(20,000	)		(20,000	)
Long-term debt, less current portion	$	419,013		$	322,022

Summary of Total Interest Expense Recognized

The following table sets forth total interest expense recognized related to the Notes for the fiscal year ended June 30, 2018 (representing an effective interest rate of 4.5%):

Year ended June 30,	2018
0.25% contractual coupon	$	731
Amortization of debt discount and debt issuance costs including initial purchaser discount		10,058
Interest expense	$	10,789

Remaining Annual Principal Payments of Credit Facilities and Notes Payable

Remaining annual principal payments under the Company’s existing credit facilities and notes payable as of June 30, 2018 were as follows ($000):

					U.S.
					Dollar
	Term		Yen Line		Line of		Note		Convertibles
Period	Loan		of Credit		Credit		Payable		Notes		Total
June 30, 2019	$	20,000	$	-	$	-	$	-	$	-	$	20,000
June 30, 2020		20,000		-		-		3,834		-	$	23,834
June 30, 2021		20,000		2,714		-		-		-	$	22,714
June 30, 2022		5,000		-		80,000		-		-	$	85,000
June 30, 2023		-		-		-		-		345,000	$	345,000
Total	$	65,000	$	2,714	$	80,000	$	3,834	$	345,000	$	496,548