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Other Income (Expense), net
 12 Months Ended
Jun. 30, 2014
Other Income and Expenses [Abstract]  
Other Income (Expense), net
Other Income (Expense), net
Other income (expense), net consists of the following (in thousands):
 
Year ended June 30,
 
2014
 
2013
 
2012
Business development incentive, net
$
666

 
$
695

 
$
—

Foreign currency transaction loss, net
(194
)
 
(1,689
)
 
(102
)
Gain on settlement of forward contract
8

 
42

 
—

Other income (expense), net
(96
)
 
40

 
66

  Total other income (expense), net
$
384

 
$
(912
)
 
$
(36
)

In January 2013, the Company began operations of a foreign subsidiary that qualified for a government-sponsored business development incentive. Under the incentive program, the Company's foreign subsidiary was allowed to retain certain non-income based taxes during the twelve month period ending December 31, 2013, rather than remit such taxes to the tax authorities.