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Other Income (Expense), net
 12 Months Ended
Jun. 30, 2015
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,
 
2015
 
2014
 
2013
Business development incentive, net
$
—

 
$
666

 
$
695

Foreign currency transaction loss, net
(498
)
 
(194
)
 
(1,689
)
Gain on settlement of forward contract
203

 
8

 
42

Other income (expense), net
136

 
(96
)
 
40

  Total other income (expense), net
$
(159
)
 
$
384

 
$
(912
)

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. The income associated with the retention of these taxes is included in "Business development incentive, net" in the table above. No such incentives were realized during the fiscal year ended June 30, 2015.