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Employee Deferred Savings Plan
3 Months Ended
Sep. 30, 2019
Postemployment Benefits [Abstract]  
Employee Deferred Savings Plan

 

(15)

EMPLOYEE DEFERRED SAVINGS PLAN

The Company has a deferred savings plan which qualifies under Section 401(k) of the Internal Revenue Code. Substantially all of the Company’s U.S. employees are covered by the plan. The Company makes matching contributions of 50% of each employee’s contribution with the employer’s contribution not to exceed 4% of the employee’s compensation. The Company recorded contributions to the plan as follows:

 

 

 

Three months ended

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Deferred savings plan contributions

 

$

2.5

 

 

$

2.0