Restructuring Expenses And Education, Research And Settlement Charge

12 Months Ended

Jun. 30, 2015

Restructuring Expenses And Education, Research And Settlement Charge [Abstract]

Restructuring Expenses And Education, Research And Settlement Charge

(23)       Restructuring Expenses and Education, Research and Settlement Charge

During the year ended June 30, 2014 we completed a reorganization of our commercial and research and development teams.  As a result of this reorganization we terminated the employment of approximately 1% of our employees at a total cost of $6.3 million ($4.2 million net of tax).  We recorded and paid the full amount of $6.3 million in the year ended June 30, 2014, within our operating expenses and separately disclosed the amount as restructuring expenses.

During the year ended June 30, 2013 we agreed to pay the University of Sydney $24.8 million to establish two perpetual academic chairs, fund future research in the fields of sleep medicine and biomedical engineering, and settle legal proceedings between us.  We expensed the full amount of $24.8 million ($17.7 million, net of tax) in the year ended June 30, 2013 within our operating expenses and separately disclosed the amount as an education, research and settlement charge.