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Document and Entity Information (USD $)
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12 Months Ended | ||
|---|---|---|---|
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Jun. 30, 2011
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Aug. 12, 2011
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Dec. 31, 2010
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| Document and Entity Information [Abstract] | |||
| Entity Registrant Name | VISTAPRINT N.V. | ||
| Entity Central Index Key | 0001262976 | ||
| Document Type | 10-K | ||
| Document Period End Date | Jun. 30, 2011 | ||
| Amendment Flag | false | ||
| Document Fiscal Year Focus | 2011 | ||
| Document Fiscal Period Focus | FY | ||
| Current Fiscal Year End Date | --06-30 | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Entity Public Float | $ 1,869,944,712 | ||
| Entity Common Stock, Shares Outstanding | 40,140,338 |
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- Definition
If the value is true, then the document as an amendment to previously-filed/accepted document. No definition available.
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- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition
The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other. No definition available.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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| X | ||||||||||
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- Definition
State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Details
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Investments in debt and equity securities which are categorized neither as trading securities nor held-to-maturity securities and which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of capitalized computer software costs net of accumulated amortization as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The noncurrent portion as of the balance sheet date of the aggregate carrying amount of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after the valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, is classified according to the expected reversal date of the temporary difference. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Represents the noncurrent portion of deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A noncurrent taxable temporary difference is a difference between the tax basis and the carrying amount of a noncurrent asset or liability in the financial statements prepared in accordance with generally accepted accounting principles. In a classified statement of financial position, an enterprise separates deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Total of the portions of the carrying amounts as of the balance sheet date of long-term debt, which may include notes payable, bonds payable, debentures, mortgage loans, and commercial paper, which are scheduled to be repaid within one year or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Balance Sheets (Parenthetical)
In Thousands, except Share data, unless otherwise specified |
Jun. 30, 2011
USD ($)
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Jun. 30, 2011
EUR (€)
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Jun. 30, 2010
USD ($)
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Jun. 30, 2010
EUR (€)
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|---|---|---|---|---|
| Current assets: | ||||
| Allowances on accounts receivable | $ 243 | $ 53 | ||
| Shareholders' equity: | ||||
| Preferred shares, par value | € 0.01 | € 0.01 | ||
| Preferred shares, shares authorized | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 |
| Preferred shares, shares issued | 0 | 0 | 0 | 0 |
| Preferred shares, shares outstanding | 0 | 0 | 0 | 0 |
| Ordinary shares, par value | € 0.01 | € 0.01 | ||
| Ordinary shares, shares authorized | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 |
| Ordinary shares, shares issued | 49,950,289 | 49,950,289 | 49,891,244 | 49,891,244 |
| Ordinary shares, shares outstanding | 43,144,718 | 43,144,718 | 43,855,164 | 43,855,164 |
| Treasury shares | 6,805,571 | 6,805,571 | 6,036,080 | 6,036,080 |
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- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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| X | ||||||||||
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Payroll and related expenses for software and manufacturing engineering, content development, amortization of capitalized software and website development costs, information technology operations, hosting of our websites, asset depreciation, patent amortization, legal settlements in connection with patent-related claims, and miscellaneous technology infrastructure-related costs. No definition available.
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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Operating activities | |||
| Net income | $ 82,109 | $ 67,741 | $ 55,686 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 50,627 | 44,367 | 35,713 |
| Abandonment of intangible assets acquired in a business acquisition | 920 | ||
| Realized loss on marketable securities | 71 | ||
| Realized loss on sale, disposal, or impairment of long-lived assets | 486 | 535 | 1,892 |
| Amortization of premiums and discounts on short-term investments | 163 | 127 | |
| Share-based compensation expense | 21,677 | 22,380 | 19,473 |
| Excess tax benefits derived from share-based compensation awards | (2,515) | (6,272) | (9,603) |
| Deferred taxes | 1,614 | 179 | (4,538) |
| Changes in operating assets and liabilities, excluding the effect of an acquisition: | |||
| Accounts receivable | (3,454) | (3,727) | 276 |
| Inventory | (1,466) | (2,224) | (1,921) |
| Prepaid expenses and other assets | 9,936 | 3,792 | (4,879) |
| Accounts payable | (2,610) | 6,176 | 3,148 |
| Accrued expenses and other liabilities | 5,995 | 19,707 | 24,804 |
| Net cash provided by operating activities | 162,633 | 153,701 | 120,051 |
| Investing activities | |||
| Purchases of property, plant and equipment | (37,405) | (101,326) | (76,286) |
| Proceeds from sale of equipment | 177 | ||
| Business acquisition, net of cash acquired | (6,496) | ||
| Purchases of marketable securities | (9,804) | (6,078) | |
| Sales, maturities and redemptions of marketable securities | 9,570 | 100 | 31,937 |
| Purchases of intangible assets | (205) | ||
| Capitalization of software and website development costs | (6,290) | (6,516) | (7,168) |
| Net cash used in investing activities | (34,330) | (123,865) | (57,595) |
| Financing activities | |||
| Repayments of long-term debt | (5,222) | (13,848) | (3,219) |
| Payment of withholding taxes in connection with vesting of restricted share units | (5,653) | (6,142) | (4,176) |
| Repurchase of ordinary shares | (56,935) | (45,518) | |
| Excess tax benefits derived from share-based compensation awards | 2,515 | 6,272 | 9,603 |
| Proceeds from issuance of shares | 7,013 | 14,977 | 12,067 |
| Net cash (used in) provided by financing activities | (58,282) | 1,259 | (31,243) |
| Effect of exchange rate changes on cash | 3,804 | (2,356) | (370) |
| Net increase in cash and cash equivalents | 73,825 | 28,739 | 30,843 |
| Cash and cash equivalents at beginning of period | 162,727 | 133,988 | 103,145 |
| Cash and cash equivalents at end of period | 236,552 | 162,727 | 133,988 |
| Cash paid during the period for: | |||
| Interest | 219 | 883 | 1,391 |
| Income taxes | $ 4,259 | $ 1,573 | $ 3,021 |
| X | ||||||||||
|
- Definition
The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effect of exchange rate changes on cash balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reductions in the entity's income taxes that arise when compensation cost (from non-qualified share-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element represents the cash inflow reported in the enterprise's financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reductions in the entity's income taxes that arise when compensation cost (from non-qualified equity-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element reduces net cash provided by operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow paid by the company to cover an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the development or modification of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The current period expense charged against earnings resulting from the aggregate write down of intangible assets acquired in a business acquisition. No definition available.
|
| X | ||||||||||
|
- Definition
The difference between the sale price or salvage price and the book value of a property, plant, and equipment asset that was sold or retired during the reporting period, or the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. No definition available.
|
|
Consolidated Statements of Shareholders' Equity and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified |
Total
|
Common Stock
|
Treasury Stock
|
Additional Paid-in Capital
|
Retained Earnings
|
Accumulated Other Comprehensive Income (Loss)
|
|---|---|---|---|---|---|---|
| Beginning Balance, Value at Jun. 30, 2008 | $ 242,505 | $ 683 | $ 0 | $ 190,632 | $ 43,098 | $ 8,092 |
| Beginning Balance, Shares at Jun. 30, 2008 | 48,779,000 | (4,500,000) | ||||
| Issuance of ordinary shares due to share option exercises, Value | 12,067 | 11 | 12,056 | |||
| Issuance of ordinary shares due to share option exercises, Shares | 807,000 | |||||
| Restricted share units vested, net of shares withheld for taxes, Value | (4,176) | 5 | (2,818) | (1,363) | ||
| Restricted share units vested, net of shares withheld for taxes, Shares | 359,000 | (85,000) | ||||
| Excess tax benefits from share-based compensation | 9,603 | 9,603 | ||||
| Share-based compensation expense | 19,737 | 19,737 | ||||
| Repurchase of shares, Value | (45,518) | (11) | (27,063) | (18,444) | ||
| Repurchase of shares, Shares | (770,000) | (1,784,000) | ||||
| Comprehensive income: | ||||||
| Net income | 55,686 | 55,686 | ||||
| Foreign currency translation | (4,382) | (4,382) | ||||
| Unrealized gain ( loss) on marketable securities | 12 | 12 | ||||
| Total comprehensive income | 51,316 | |||||
| Ending Balance, Value at Jun. 30, 2009 | 285,534 | 688 | (29,881) | 212,221 | 98,784 | 3,722 |
| Ending Balance, Shares at Jun. 30, 2009 | 49,175,000 | (6,369,000) | ||||
| Issuance of ordinary shares due to share option exercises, Value | 14,977 | 9 | 721 | 14,247 | ||
| Issuance of ordinary shares due to share option exercises, Shares | 633,000 | 151,000 | ||||
| Restricted share units vested, net of shares withheld for taxes, Value | (6,142) | 1 | (477) | (5,666) | ||
| Restricted share units vested, net of shares withheld for taxes, Shares | 83,000 | 182,000 | ||||
| Excess tax benefits from share-based compensation | 6,272 | 6,272 | ||||
| Share-based compensation expense | 22,079 | 22,079 | ||||
| Comprehensive income: | ||||||
| Net income | 67,741 | 67,741 | ||||
| Foreign currency translation | (14,368) | (14,368) | ||||
| Unrealized gain on cash flow hedge, net of tax | 49 | 49 | ||||
| Unrealized gain ( loss) on marketable securities | (28) | (28) | ||||
| Total comprehensive income | 53,394 | |||||
| Ending Balance, Value at Jun. 30, 2010 | 376,114 | 698 | (29,637) | 249,153 | 166,525 | (10,625) |
| Ending Balance, Shares at Jun. 30, 2010 | 49,891,000 | (6,036,000) | ||||
| Issuance of ordinary shares due to share option exercises, Value | 7,013 | 1 | 3,035 | 3,977 | ||
| Issuance of ordinary shares due to share option exercises, Shares | 315,175 | 59,000 | 256,000 | |||
| Restricted share units vested, net of shares withheld for taxes, Value | (5,653) | (1,840) | (3,813) | |||
| Restricted share units vested, net of shares withheld for taxes, Shares | 301,000 | |||||
| Excess tax benefits from share-based compensation | 2,515 | 2,515 | ||||
| Share-based compensation expense | 21,428 | 21,428 | ||||
| Repurchase of shares, Value | (56,935) | (56,935) | ||||
| Repurchase of shares, Shares | (1,326,933) | (1,326,933) | ||||
| Comprehensive income: | ||||||
| Net income | 82,109 | 82,109 | ||||
| Foreign currency translation | 23,483 | 23,483 | ||||
| Reclassification of unrealized gains (losses) to net income | 19 | 19 | ||||
| Total comprehensive income | 105,611 | |||||
| Ending Balance, Value at Jun. 30, 2011 | $ 450,093 | $ 699 | $ (85,377) | $ 273,260 | $ 248,634 | $ 12,877 |
| Ending Balance, Shares at Jun. 30, 2011 | 49,950,000 | (6,806,000) |
| X | ||||||||||
|
- Definition
This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation". Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tax benefit associated with any equity-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity, net of tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Change in accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges, net of tax effect. The after tax effect change includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain (loss), net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain (loss) at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains (losses) realized upon the sale of securities, after tax; and (3) the unrealized gains (losses) realized upon the write-down of securities, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of restricted shares issued as compensation, net of shares for the payment of withholding taxes. This element is to be used only if shares are used in lieu of cash to satisfy all or a portion of withholding taxes. No definition available.
|
| X | ||||||||||
|
- Definition
The value of restricted shares issued as compensation, net of the value of shares for the payment of withholding taxes. This element is to be used only if shares are used in lieu of cash to satisfy all or a portion of withholding taxes. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value stock issued during the period as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reclassification of unrealized gains and losses to net income. No definition available.
|
|
Description of Business
|
12 Months Ended | ||||
|---|---|---|---|---|---|
|
Jun. 30, 2011
|
|||||
| Description of Business [Abstract] | |||||
| Description of Business |
The Vistaprint group of companies offers micro businesses the
ability to market their businesses with a broad range of brand
identity and promotional products, marketing services and
digital solutions. Through the use of proprietary Internet-based
graphic design software, localized websites, proprietary order
receiving and processing technologies and advanced computer
integrated production facilities, we offer a broad spectrum of
products, such as business cards, website hosting, apparel,
signage, promotional gifts, brochures, online marketing and
creative services. We focus on serving the marketing, graphic
design and printing needs of the micro business market,
generally businesses or organizations with fewer than
10 employees and usually 2 or fewer. We also provide
personalized products for home and family use.
Change of
Domicile
On August 30, 2009, we moved our place of incorporation of
the publicly traded parent entity of the Vistaprint group of
companies from Bermuda to the Netherlands. Vistaprint N.V. was
formed as a limited liability company (naamloze vennootschap)
under the laws of the Netherlands. Pursuant to a scheme of
arrangement under Bermuda law approved by the common
shareholders of Vistaprint Limited, among other things, each
common share of Vistaprint Limited was exchanged for one
ordinary share of Vistaprint N.V. This change of domicile was
accounted for as a merger between entities under common control
and as a result all historical share information has been
restated to reflect its impact. The historical financial
statements of Vistaprint Limited for periods prior to this
transaction are considered to be the historical financial
statements of Vistaprint N.V. The change of domicile has not had
and is not expected to have a material impact on how we conduct
our day-to-day operations, our financial position, consolidated
effective tax rate, results of operations or cash flows.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Summary of Significant Accounting Policies
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Jun. 30, 2011
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| Summary of Significant Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Significant Accounting Policies |
Principles of
Consolidation
The consolidated financial statements include the accounts of
Vistaprint N.V., its wholly owned subsidiaries, and those
entities in which we have a variable interest and are the
primary beneficiary. Intercompany balances and transactions have
been eliminated.
Use of
Estimates
The preparation of financial statements in conformity with
U.S. generally accepted accounting principles
(“GAAP”) requires management to make estimates and
assumptions that affect the amounts reported in the consolidated
financial statements and accompanying notes. We believe our most
significant estimates are associated with the useful lives and
valuation of our long-lived assets, share-based compensation,
income taxes and litigation and contingencies, among others. By
their nature, estimates are subject to an inherent degree of
uncertainty. Actual results could differ from those estimates.
Cash, Cash
Equivalents and Marketable Securities
We consider all highly liquid investments purchased with an
original maturity of three months or less to be the equivalent
of cash for the purpose of balance sheet and statement of cash
flows
presentation. Cash equivalents consist of money market funds.
Cash and cash equivalents restricted for use were $1,205 and
$2,005 as of June 30, 2011 and 2010, respectively, and are
included in other assets in the accompanying consolidated
balance sheets.
Marketable securities, when held, consist primarily of
investment-grade corporate bonds, U.S. government agency
issues, and certificates of deposit. Our marketable securities
are classified as
“available-for-sale
securities” and carried at fair value, with the unrealized
gains and losses reported as a separate component of accumulated
other comprehensive income (loss). The cost of securities sold
is based on the specific identification method. Interest and
dividends on securities classified as
available-for-sale
are included in interest income.
We review our investments for
other-than-temporary
impairment whenever the fair value of an investment is less than
amortized cost and evidence indicates that an investment’s
carrying amount is not recoverable within a reasonable period of
time. At June 30, 2011 and 2010, we held one municipal
auction rate security (“ARS”) as a result of failed
auctions. The issuer of the ARS initiated a tender offer in June
2011 and, on July 14, 2011, the securities were redeemed.
As of June 30, 2011, the ARS has been included in
marketable securities at its redemption value and a realized
loss of $71 has been included in other expense, net, of which
$40 was reclassified from other comprehensive income. There were
no
other-than-temporary
impairments during the years ended June 30, 2010 and 2009.
Cash, cash equivalents and marketable securities as of
June 30, 2011 consisted of the following:
Cash, cash equivalents and marketable securities as of
June 30, 2010 consisted of the following:
Accounts
Receivable
Accounts receivable includes amounts due from customers,
affiliates and partners. We offset gross trade accounts
receivable with an allowance for doubtful accounts, which is our
best estimate of the amount of probable credit losses in
existing accounts receivable. Account balances are charged off
against the allowance when the potential for recovery is
considered remote.
Inventories
Inventories consist primarily of raw materials and are recorded
at the lower of cost or market value using a
first-in,
first-out method.
Property, Plant
and Equipment
Property, plant and equipment are stated at cost less
accumulated depreciation and amortization. Additions and
improvements that substantially extend the useful life of a
particular asset are capitalized while repairs and maintenance
costs are expensed as incurred. Depreciation of plant and
equipment is recorded on a straight-line basis over the
estimated useful lives of the assets.
Software and Web
Site Development Costs
We capitalize eligible salaries and payroll-related costs of
employees who devote time to the development of internal-use
computer software. Capitalization begins when the preliminary
project stage is complete, management with the relevant
authority authorizes and commits to the funding of the software
project, and it is probable that the project will be completed
and the software will be used to perform the function intended.
These costs are amortized on a straight-line basis over the
estimated useful life of the software, which is generally two
years. Costs associated with preliminary stage software
development, repair, maintenance or the development of website
content are expensed as incurred.
Amortization of previously capitalized amounts in the years
ended June 30, 2011, 2010 and 2009 was $6,653, $6,780 and
$5,762, respectively, resulting in accumulated amortization of
$12,370 and $12,205 at June 30, 2011 and 2010, respectively.
Leases
We categorize leases at their inception as either operating or
capital leases. Costs for operating leases that include
incentives such as payment escalations or rent abatements are
recognized on a straight-line basis over the term of the lease.
Additionally, inducements received are treated as a reduction of
our costs over the term of the agreement. Leasehold improvements
are capitalized at cost and amortized over the shorter of their
expected useful life or the life of the lease, excluding renewal
periods.
Business
Combinations
We assign the value of the consideration transferred to acquire
a business to the tangible assets and identifiable intangible
assets acquired and liabilities assumed on the basis of their
fair values at the date of acquisition. We assess the fair value
of assets, including intangible assets, using a variety of
methods and each asset is measured at fair value from the
perspective of a market participant. The method used to estimate
the fair values of intangible assets incorporates significant
assumptions regarding the estimates a market participant would
make in order to evaluate an asset, including a market
participant’s use of the asset and the appropriate discount
rates for a market participant. Assets recorded from the
perspective of a market participant that are determined to not
have economic use for us are expensed immediately. Any excess
purchase price over the fair value of the net tangible and
intangible assets acquired is allocated to goodwill. Transaction
costs and restructuring costs associated with a transaction to
acquire a business are expensed as incurred.
Intangible
Assets
All costs related to patent applications are expensed as
incurred. The costs of purchasing patents from unrelated third
parties are capitalized and amortized over the estimated useful
life of the patent. The costs of pursuing others who are
believed to infringe on our patents, as well as costs of
defending against patent-infringement claims, are expensed as
incurred.
We record acquired intangible assets at fair value on the date
of acquisition and amortize such assets using the straight-line
method over the expected useful life of the asset, unless
another amortization method was deemed to be more appropriate.
We evaluate the remaining useful life of intangible assets on a
periodic basis to determine whether events and circumstances
warrant a revision to the remaining useful life. If the estimate
of an intangible asset’s remaining useful life is changed,
we amortize the remaining carrying value of the intangible asset
prospectively over the revised remaining useful life.
Estimated future intangible asset amortization expense for the
next five fiscal years based on balances at June 30, 2011
is $910, $694, $340, $92, and $46, respectively.
Long-Lived
Assets
We continually evaluate whether events or circumstances have
occurred that indicate that the estimated remaining useful life
of our long-lived assets, excluding goodwill, may warrant
revision or that the carrying value of these assets may not be
recoverable. We evaluate the realizability of our long-lived
assets based on profitability and cash flow expectations for the
related asset. Any write-downs are treated as permanent
reductions in the carrying amount of the assets.
For the fiscal years ended June 30, 2011, 2010 and 2009 we
recorded impairment charges on long-lived assets of $252, $514
and $1,363, respectively.
Goodwill
Goodwill is evaluated for impairment on an annual basis during
the fiscal third quarter, or earlier if impairment indicators
are present. Our annual impairment test concluded that there was
no impairment of goodwill, and there have been no indications of
impairment that would require an updated analysis as of
June 30, 2011. Goodwill is included in other assets on the
accompanying balance sheet.
Revenue
Recognition
We generate revenue primarily from the sale and shipping of
customized manufactured products, as well as providing digital
services, website design and hosting, email marketing services
and order referral fees. We recognize revenue arising from sales
of products and services when it is realized or realizable and
earned. We consider revenue realized or realizable and earned
when it has persuasive evidence of an arrangement, the product
has been shipped or service rendered with no significant
post-delivery obligations on our part, the net sales price is
fixed or determinable and collectability is reasonably assured.
For subscription services we recognize revenue for the fees
charged to customers ratably over the term of the service
arrangement. Revenue is recognized net of discounts we offer to
our customers as part of advertising campaigns. A reserve for
sales returns and allowances is recorded based on historical
experience or specific identification of an event necessitating
a reserve.
Shipping, handling and processing costs billed to customers are
included in revenue and the related costs are included in cost
of revenue. Sales and purchases in jurisdictions which are
subject to indirect taxes, such as value added tax
(“VAT”), are recorded net of tax collected and paid as
we act as an agent for the government.
Advertising
Expense
Advertising costs are expensed as incurred and included in
marketing and selling expense. Advertising expense for the years
ended June 30, 2011, 2010 and 2009 was $177,101, $135,675
and $95,378, respectively, which consisted of external costs
related to customer acquisition and retention marketing
campaigns.
Research and
Development Expense
Research and development costs are expensed as incurred and
included in technology and development expense. Research and
development expense for the years ended June 30, 2011, 2010
and 2009 was $11,128, $8,501 and $7,069, respectively, which
consisted of costs related to enhancing our manufacturing
engineering and technology capabilities.
Income
Taxes
As part of the process of preparing our consolidated financial
statements, we estimate our income taxes in each of the
jurisdictions in which we operate. This process involves
estimating our current tax expense and assessing temporary and
permanent differences resulting from differing treatment of
items for tax and financial reporting purposes. We recognize
deferred tax assets and liabilities for the temporary
differences using the enacted tax rates and laws that will be in
effect when we expect temporary differences to reverse. We
assess the ability to realize our deferred tax assets based upon
the weight of available evidence both positive and negative. To
the extent we believe that it is more likely than not that that
some portion or all of the deferred tax assets will not be
realized, we establish a valuation allowance. In the event that
actual results differ from our estimates or we adjust our
estimates in the future, we may need to increase or decrease
income tax expense, which could have a material impact on our
financial position and results of operations.
We recognize the tax benefit from an uncertain tax position only
if it is more likely than not that the tax position will be
sustained upon examination by the taxing authorities, based on
the technical merits of the tax position. The tax benefits
recognized in our financial statements from such positions are
measured on the largest benefit that has a greater than 50%
likelihood of being realized upon ultimate resolution. The
unrecognized tax benefits will reduce our effective tax rate if
recognized. Interest and, if applicable, penalties related to
unrecognized tax benefits are recorded in the provision for
income taxes.
Foreign Currency
Translation
Our
non-U.S. dollar
functional currency subsidiaries translate their assets and
liabilities denominated in their functional currency to
U.S. dollars at current rates of exchange in effect at the
balance sheet date, and revenues and expenses are translated at
average rates prevailing throughout the period. The resulting
gains and losses from translation are included as a component of
other comprehensive income (loss). Transaction gains and losses
and remeasurement of assets and liabilities denominated in
currencies other than an entity’s functional currency are
included in other expense, net and were $2,126, $1,491 and $803
for the years ended June 30, 2011, 2010 and 2009,
respectively.
Shareholders’
Equity
Comprehensive
Income (Loss)
Comprehensive income (loss) is defined as the change in equity
of a business enterprise during a period from transactions and
other events and circumstances from non-owner sources.
Comprehensive income (loss) is composed of net income,
unrealized gains and losses on marketable securities and
derivatives, and cumulative foreign currency translation
adjustments, which are disclosed in the accompanying
consolidated statements of shareholders’ equity and
comprehensive income.
The components of accumulated other comprehensive income (loss)
were as follows:
Treasury
Shares
Treasury shares are accounted for under the cost method and
included as a component of shareholders’ equity.
Net Income Per
Share
Basic net income per share is computed by dividing net income by
the weighted-average number of ordinary shares outstanding for
the fiscal period. Diluted net income per share gives effect to
all potentially dilutive securities, including share options and
restricted share units (“RSUs”), using the treasury
stock method as our unvested share options and RSUs do not have
rights to dividends.
The following table sets forth the reconciliation of the
weighted-average number of ordinary shares:
Compensation
Expense
Share-Based
Compensation
Compensation expense for all share-based awards expected to vest
is measured at fair value on the date of grant and recognized
over the service period. The fair value of RSUs is determined
based on the number of shares granted and the quoted price of
our ordinary shares. Such value is recognized as expense over
the service period, net of estimated forfeitures. The estimation
of share awards that will ultimately vest requires judgment, and
to the extent actual results or updated estimates differ from
our current estimates, such amounts will be recorded as a
cumulative adjustment in the period estimates are revised.
Sabbatical
Leave
Compensation expense associated with a sabbatical leave, or
other similar benefit arrangements, is accrued over the
requisite service period during which an employee earns the
benefit, net of estimated forfeitures, and is included in other
liabilities on our consolidated balance sheets.
Concentrations of
Credit Risk
We monitor the creditworthiness of our customers to which we
grant credit terms in the normal course of business. We had one
customer that represented 26% of our total accounts receivable
at June 30, 2011. All balances related to this one customer
have been collected as of the date of this filing.
We maintain an allowance for doubtful accounts for potential
credit losses based upon specific customer accounts and
historical trends, and such losses to date in the aggregate have
not materially exceeded our expectations.
Recently Adopted
Accounting Pronouncements
Effective July 1, 2010, we adopted Accounting Standards
Update (“ASU”)
2009-13
Multiple-Deliverable Revenue Arrangements, which amends ASC
Subtopic
650-25
Revenue Recognition — Multiple-Element Arrangements to
eliminate the requirement that all undelivered elements have
vendor-specific objective evidence (“VSOE”) or
third-party evidence (“TPE”) before an entity can
recognize the portion of an overall arrangement fee that is
attributable to items that already have been delivered. In the
absence of VSOE or TPE of the standalone selling price for one
or more delivered or undelivered elements in a multiple-element
arrangement, entities will be required to estimate the selling
prices of those elements. The overall arrangement fee will be
allocated to each element (both delivered and undelivered items)
based on their relative selling prices, regardless of whether
those selling prices are evidenced by VSOE or TPE or are based
on the entity’s estimated selling price. Additionally, the
new guidance will require entities to disclose more information
about their multiple-element revenue arrangements. The adoption
of this ASU did not have a material impact on our consolidated
financial statements.
Recently Issued
Accounting Pronouncements
In May 2011, the Financial Accounting Standards Board issued ASU
2011-04
Amendments to Achieve Common Fair Value Measurement and
Disclosure Requirements in U.S. GAAP and IFRS (“ASU
2011-04”),
which is intended to result in convergence between
U.S. GAAP and International Financial Reporting Standards
requirements for measurement of, and disclosures about, fair
value. ASU
2011-04
clarifies or changes certain fair value measurement principles
and enhances the disclosure requirements particularly for
Level 3 fair value measurements. The new guidance is
effective for our third quarter of the fiscal year ending
June 30, 2012, and we do not expect its adoption to have a
material effect on our financial position or results of
operations.
In June 2011, the Financial Accounting Standards Board issued
ASU 2011-05
Presentation of Comprehensive Income, which makes the
presentation of items within other comprehensive income
(“OCI”) more prominent. The new standard will require
companies to present items of net income, items of OCI and total
comprehensive income in one continuous statement or two separate
consecutive statements, and companies will no longer be allowed
to present items of OCI in the statement of shareholders’
equity. Reclassification adjustments between OCI and net income
will be presented separately on the face of the financial
statements. The new guidance is effective for our fiscal year
ending June 30, 2013, and we do not expect its adoption to
have a material effect on our financial position or results of
operations.
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The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value Measurements
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Jun. 30, 2011
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| Fair Value Measurements |
We use a three-level valuation hierarchy for measuring fair
value and include detailed financial statement disclosures about
fair value measurements. The valuation hierarchy is based upon
the
transparency of inputs to the valuation of an asset or liability
as of the measurement date. The three levels are defined as
follows:
A financial instrument’s categorization within the
valuation hierarchy is based upon the lowest level of input that
is significant to the fair value measurement.
The following tables summarize, by major security type, our
assets that are measured at fair value on a recurring basis and
are categorized using the fair value hierarchy:
The following table presents a roll forward of assets measured
at fair value using significant unobservable inputs
(Level 3) at June 30, 2011 and 2010:
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The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Jun. 30, 2011
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| Property, Plant and Equipment |
Property, plant and equipment, net consists of the following:
Depreciation expense totaled $43,410, $37,199 and $29,236 for
the years ended June 30, 2011, 2010 and 2009, respectively.
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- Definition
The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Acquired Intangible Assets
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12 Months Ended | ||||
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Jun. 30, 2011
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| Goodwill and Acquired Intangible Assets [Abstract] | |||||
| Goodwill and Acquired Intangible Assets |
On December 30, 2009, we acquired 100% of the outstanding
equity of Soft Sight, Inc., a privately held developer of
embroidery digitization software based in the United States, for
$6,500 in cash. Soft Sight’s proprietary software enables a
customer’s uploaded graphic artwork to be automatically
converted into embroidery stitch patterns for subsequent
manufacturing. We launched a line of embroidered products to
customers in fiscal 2011.
We allocated the purchase price for Soft Sight to net tangible
assets of $52, intangible assets of $2,647, goodwill of $4,168
and net deferred tax liabilities of $368. Of the $2,647 of
acquired intangible assets, $920 was immediately expensed as it
will not be used and does not have economic value for us. The
carrying value of the remaining intangible assets related to
developed embroidery technology and customer lists are being
amortized over a weighted average life of approximately
3.8 years.
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- Definition
The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Accrued Expenses
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Jun. 30, 2011
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| Accrued Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Expenses |
Accrued expenses included the following:
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- Definition
The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Long-Term Debt
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Jun. 30, 2011
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| Long-Term Debt [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt |
Long-term debt is summarized as follows:
In December 2005, we amended our original Canadian credit
agreement to include an additional $10,000 equipment term loan.
The borrowings were used to finance printing equipment purchases
for the Windsor production facility. During the second quarter
of fiscal 2011, the final balloon payment on our amended
Canadian credit agreement became due and was paid in full in the
amount of $4,667. We had no remaining long-term debt obligations
outstanding as of June 30, 2011.
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- Definition
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Shareholders' Equity
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Jun. 30, 2011
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| Shareholders' Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders' Equity |
Share
repurchases
On November 9, 2010, we announced that our Supervisory
Board authorized a repurchase of up to an aggregate of $160,000
of our ordinary shares in open market or privately negotiated
transactions subject to the parameters set by our shareholders
and Supervisory Board including a limit that the repurchases
cannot exceed 10% of our issued and outstanding ordinary shares
as of November 4, 2010, the date of our Annual General
Meeting of Shareholders. We established a share repurchase plan
pursuant to Securities and Exchange Commission
Rule 10b5-1
upon authorization of the program to set the manner, timing,
price and volume conditions. During fiscal 2011, we purchased
1,326,933 of our ordinary shares for a total cost of $56,935.
Additionally, we have purchased 3,074,832 of our ordinary shares
subsequent to June 30, 2011 and through August 12,
2011 for a total cost of $91,088 bringing the total ordinary
shares repurchased under the plan to 4,401,765 for a
total cost of $148,023 including transaction costs. There is no
amount remaining available for future purchases under this
program as we have reached the limit of 10% of our issued and
outstanding ordinary shares.
For RSUs that vest, we also withhold shares with value
equivalent to certain employees’ minimum statutory
withholding obligation for the applicable income and other
employment taxes and remit the cash to the appropriate taxing
authorities. Total payments for the employees’ tax
obligations to the taxing authorities were $5,653, $6,142, and
$4,176 in fiscal 2011, 2010, and 2009, respectively, and are
reflected as a financing activity within the Consolidated
Statement of Cash Flows. These withholdings have the effect of
share repurchases by us as they reduce the number of shares that
would have otherwise been issued as a result of the vesting.
Share-based
awards
The 2011 Equity Incentive Plan (the “2011 Plan”)
became effective upon shareholder approval on June 30,
2011, and provides for employees, officers, non-employee
directors, consultants and advisors to receive restricted share
awards or other share-based awards or options to purchase
ordinary shares. Among other terms, the 2011 Plan requires that
the exercise price of any share option or share appreciation
right granted under the 2011 Plan be at least 100% of the fair
market value of the ordinary shares on the date of grant; limits
the term of any share option or share appreciation right to a
maximum period of ten years; provides that shares underlying
outstanding awards under the Amended and Restated 2005 Equity
Incentive Plan that are cancelled, forfeited, expired or
otherwise terminated without having been exercised in full will
become available for the grant of new awards under the 2011
Plan; and prohibits the repricing of any share options or share
appreciation rights without shareholder approval. In addition,
the 2011 Plan provides that the number of ordinary shares
available for issuance under the Plan will be reduced by
(i) 1.56 ordinary shares for each share subject to a
restricted share or other share-based award with a per share or
per unit purchase price lower than 100% of the fair market value
of the ordinary shares on the date of grant and (ii) one
ordinary share for each share subject to any other award under
the 2011 Plan.
Our 2005 Non-Employee Directors’ Share Option Plan provides
for non-employee directors to receive option grants upon initial
appointment as a director and annually thereafter in connection
with our annual general meeting of shareholders if they are
continuing to serve as a director at such time.
We also have two additional plans with options and RSUs
outstanding and from which we will not grant any additional
awards. An aggregate of 6,491,968 ordinary shares are available
for future awards under all of our share-based award plans as of
June 30, 2011. A combination of new shares and treasury
shares has historically been used in fulfillment of option
exercises and RSU award vests.
Share
options
Options are granted to purchase ordinary shares at prices that
are equal to the fair market value of the shares on the date the
option is granted and have a contractual term of ten years.
Options generally vest quarterly over 3 years for directors
and 25% after one year and quarterly thereafter for employees.
The fair value of each option award is estimated on the date of
grant using the Black-Scholes option pricing model and is
recognized as expense on a straight-line basis over the
requisite service period, net of estimated forfeitures based on
historical experience. Use of a valuation model requires
management to make certain assumptions with respect to inputs.
The expected volatility assumption is based upon historical
volatility of our share price. The expected life assumption is
based on the contractual and vesting term of the option and
historical experience. The risk-free interest rate is
based on the U.S. Treasury yield curve with a maturity
equal to the expected life assumed at the grant date.
Weighted-average
values used for option grants in 2011, 2010 and 2009 were as
follows:
A summary of our share option activity and related information
for the year ended June 30, 2011 is as follows:
The intrinsic value in the table above represents the total
pre-tax amount, net of exercise price, which would have been
received by option holders if all option holders had exercised
all options with an exercise price lower than the market price
on June 30, 2011. The total intrinsic value of options
exercised during the fiscal years ended June 30, 2011, 2010
and 2009 was $8,319, $26,667, and $15,203, respectively.
Restricted
share units
The fair value of RSU grants is equal to the fair market value
of our shares on the date of grant and is recognized as expense
on a straight-line basis over the requisite service period, net
of estimated forfeitures based on historical experience. RSUs
generally vest quarterly for 3 years for directors and 25%
after one year and quarterly thereafter for employees.
A summary of our unvested RSU activity and related information
for the fiscal year ended June 30, 2011 is as follows:
The weighted average fair value of RSUs granted during the
fiscal years ended June 30, 2011, 2010 and 2009 was $41.77,
$51.06, and $28.37, respectively. The total intrinsic value of
RSUs vested during the fiscal years ended June 30, 2011,
2010 and 2009 was $19,277, $19,456, and $12,589, respectively.
Share-based
compensation
Total share-based compensation costs were $21,677, $22,380 and
$19,473 for the years ended June 30, 2011, 2010 and 2009,
respectively. Share-based compensation costs capitalized as part
of software and website development costs were $347, $530 and
$994 for the years ended June 30, 2011, 2010 and 2009,
respectively.
At June 30, 2011, there was $36,948 of total unrecognized
compensation cost related to non-vested, share-based
compensation arrangements, net of estimated forfeitures. This
cost is expected to be recognized over a weighted average period
of 2.6 years.
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- Definition
The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employees' Savings Plan
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Jun. 30, 2011
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| Employees' Savings Plan [Abstract] | |||||
| Employees' Savings Plan |
We maintain certain government mandated and defined contribution
plans throughout the world. The most significant is our defined
contribution retirement plan in the U.S. (the
“Plan”) that complies with Section 401(k) of the
Internal Revenue Code. Substantially all employees in the
U.S. are eligible to participate in the Plan. Under the
provisions of the Plan, employees may voluntarily contribute up
to 80% of eligible compensation, subject to IRS limitations. We
match 50% of each participant’s voluntary contributions,
subject to a maximum company contribution of 3% of the
participant’s eligible compensation. Employee contributions
are fully vested when contributed. Company matching
contributions vest over four years.
We expensed $4,515, $3,560 and $2,524 for our government
mandated and defined contribution plans in the years ended
June 30, 2011, 2010 and 2009, respectively.
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- Definition
The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Income Taxes
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Jun. 30, 2011
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| Income Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes |
The following is a summary of our income before taxes by
geography:
The components of the provision (benefit) for income taxes are
as follows:
The following is a reconciliation of the standard
U.S. statutory tax rate and our effective tax rate:
Significant components of our deferred income tax assets and
liabilities consist of the following at June 30, 2011 and
2010:
The current portion of the net deferred taxes at June 30,
2011 and 2010 was an asset of $1,651 and $1,245, respectively,
which is included in prepaid expenses and other current assets
in the accompanying consolidated balance sheets.
In assessing the realizability of deferred tax assets, we
consider whether it is more likely than not that some portion or
all of the deferred tax assets will not be realized. No
valuation allowance has been recorded against the $6,886
deferred tax asset associated with share-based compensation
charges at June 30, 2011. However, in the future, if the
underlying awards expire, are released or exercised with an
intrinsic value less than the fair value of the awards on the
date of grant, some or all of the benefit may not be realizable.
The increase in the valuation allowance from the prior year
relates to current year losses incurred in certain jurisdictions
for which management has determined that it is more likely than
not that these losses will not be utilized in the foreseeable
future. Based on the weight of available evidence at
June 30, 2011, management believes that it is more likely
than not that all other net deferred tax assets will be
realized. We will continue to assess the realization of the
deferred tax assets based on operating results.
As of June 30, 2011, we had U.S. federal and state net
operating loss carryforwards of approximately $1,024 that expire
on various dates up to and through the year 2030. The
utilization of federal net operating losses is partially subject
to annual limitation under the change in share ownership rules
of Internal Revenue Code Section 382. We had foreign net
operating loss carryforwards of approximately $5,164 that expire
on various dates up to and through 2020 and $335 that will never
expire. The benefits of these carryforwards are dependent upon
the generation of taxable income in the jurisdictions where they
arose. In addition, we had approximately $2,614 of state net
operating loss and $696 of federal R&D tax credit
carryforwards as a result of excess tax deductions related to
share-based compensation. We will realize the benefit of these
excess tax deductions through increases to shareholders’
equity in the periods in which these carryforwards are utilized
to reduce tax payments.
We had corporate minimum tax credit carryforwards and research
and development tax credits in Canada of approximately $488 and
$629, respectively, that expire at various dates through 2031.
As of June 30, 2011, our Bermuda-based subsidiary,
Vistaprint Limited, had undistributed earnings of $136,816 which
may be distributed to our parent company, Vistaprint N.V. We
have determined these earnings are not subject to income or
withholding taxes upon repatriation. Undistributed earnings of
our remaining subsidiaries are considered to be indefinitely
reinvested. Upon repatriation of those earnings, in the form of
dividends or otherwise, we would be subject to withholding taxes
payable. Determination of the amount of unrecognized tax
liability associated with withholding taxes is not practicable
due to the complexities associated with this hypothetical
calculation.
For the years ended June 30, 2011 and 2010, the amount of
unrecognized tax benefits that, if recognized, would affect the
effective tax rate is $2,153 and $2,085, respectively. We
recognize interest and, if applicable, penalties related to
unrecognized tax benefits in income tax expense. The accrued
interest and penalties for the years ended June 30, 2011
and 2010 were $278 and $242, respectively.
A reconciliation of the gross beginning and ending amount of
unrecognized tax benefits is as follows:
It is reasonably possible that a further change in the
unrecognized tax benefits may occur within the next twelve
months related to the settlement of one or more audits or the
lapse of applicable statutes of limitations. However, an
estimated range of the impact on the unrecognized tax benefits
cannot be quantified at this time. We believe we have
appropriately provided for all tax uncertainties.
We have entered into and operate pursuant to transfer pricing
agreements that establish the transfer prices for transactions
among group subsidiaries in Canada, France, the Netherlands,
Jamaica, Spain, Switzerland, Tunisia, Germany, Bermuda,
Australia, Japan and the United States. The determination of
appropriate transfer prices requires us to apply judgment. We
believe that our transfer pricing is in accordance with our
advanced tax rulings and applicable statutory regulations.
One of our U.S. subsidiaries and one of our Bermuda
subsidiaries are under audit by the United States Internal
Revenue Service (IRS). In April 2011, the U.S. subsidiary
received a Revenue Agent’s Report (RAR) from the IRS
assessing tax for the years under examination. We disagree with
the position taken by the IRS and have filed a written protest
with the IRS Office of Appeals. Also, the same
U.S. subsidiary is under audit by the Commonwealth of
Massachusetts. In addition, the Canada Revenue Agency is
auditing one of our Canadian subsidiaries. We do not believe
that the resolution of these tax examinations will have a
material impact on our financial position or results of
operations.
We conduct business in a number of tax jurisdictions and, as
such, are required to file income tax returns in multiple
jurisdictions globally. Generally, the years 2005 through 2010
remain open for examination by the tax authorities in the tax
jurisdictions in which we operate.
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- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information
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Jun. 30, 2011
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| Segment Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Information |
During the first quarter of fiscal 2011, we changed our
reportable segments to align with how operating results are
reported internally to the Chief Executive Officer, who
constitutes our Chief Operating Decision Maker
(“CODM”) for purposes of making decisions about how to
allocate resources and assess performance. Beginning
July 1, 2010, the CODM reviews revenue and income or loss
from operations based on three geographic operating segments:
North America, Europe and Asia Pacific.
The costs associated with shared central functions are not
allocated to the reporting segments and instead are reported and
disclosed under the caption “Corporate and global
functions,” which includes expenses related to corporate
support functions, software and manufacturing engineering, and
the global component of our IT operations and customer service,
sales and design support. We do not allocate non-operating
income to our segment results. There are no internal revenue
transactions between our reporting segments and all intersegment
transfers are recorded at cost for presentation to the CODM, for
example, products manufactured by our Venlo, the Netherlands
facility for the Asia-Pacific segment; therefore, there is no
intercompany profit or loss recognized on these transactions. At
this time, we do not allocate support costs across operating
segments or corporate and global functions, which may limit the
comparability of income from operations by segment.
Revenue by segment and geography is based on the
country-specific website through which the customer’s order
was transacted. The following tables set forth revenue and
income from operations by operating segment. Operating income by
segment has not been disclosed for fiscal 2009 as we cannot
practicably restate this item based on the lack of availability
of information and a change in financial reporting systems in
fiscal 2010. Revenue has been disclosed for all periods.
The following tables set forth revenues and long-lived assets by
geographic area:
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The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingencies
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Jun. 30, 2011
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| Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies |
Operating Lease
Commitments
We are committed under operating leases for facilities expiring
on various dates through 2018. Total lease expense for the years
ended June 30, 2011, 2010 and 2009 was $8,221, $7,395 and
$6,331, respectively.
Future minimum payments required under operating leases for the
next five fiscal years and thereafter are as follows at
June 30, 2011:
Vistaprint USA, Incorporated’s office space lease requires
a security deposit in the form of a letter of credit in the
amount of $364, which is classified as restricted cash and is
included in other assets in the consolidated balance sheet. In
addition, we provided a customary indemnification to the
lessor for certain claims that may arise under the lease for
which we have not recorded a liability as we have determined
that the associated fair value is not material. We carry
insurance policies that we believe would provide, in most cases,
some, if not total, recourse to any claims arising from this
lease indemnification provision.
Other
Obligations
We have also entered into arrangements with financial
institutions and vendors to provide guarantees for the
obligations of our subsidiaries under banking arrangements and
purchase contracts. The guarantees vary in length of time but,
in general, guarantee the financial obligations of the
subsidiaries under such arrangements. The financial obligations
of our subsidiaries under such arrangements are reflected in our
consolidated financial statements and these notes.
We enter into agreements in the ordinary course of business
with, among others, vendors, lessors, financial institutions,
service providers, distributors and certain marketing customers,
pursuant to which it has agreed to indemnify the other party for
certain matters, such as property damage, personal injury, acts
or omissions by us, our employees, agents or representatives, or
third party claims alleging that our intellectual property
infringes a patent, trademark or copyright.
In accordance with their respective charter and by-laws and with
various indemnification agreements with specific employees, we
and our subsidiaries have agreed to indemnify our directors,
executive officers and employees, to the extent legally
permissible, against all liabilities reasonably incurred in
connection with any action in which the individual may be
involved by reason of such individual being or having been a
director, officer or employee.
Based upon our historical experience and information known to us
as of June 30, 2011, we believe our liability with respect
to the above guarantees and indemnities at June 30, 2011 is
immaterial.
Purchase
Obligations
At June 30, 2011, we had unrecorded commitments under
contract of $23,020, which were principally composed of site
development and construction of our Jamaican customer service,
sales and design support centers of approximately $14,803,
production and computer equipment purchases of approximately
$6,559, and other unrecorded purchase commitments of $1,658.
Legal
Proceedings
On July 21, 2009, Vistaprint Limited and OfficeMax
Incorporated were named as defendants in a complaint for patent
infringement filed by ColorQuick LLC in the United States
District Court for the Eastern District of Texas. In March 2011,
the U.S. District Court dismissed all of ColorQuick’s
claims against OfficeMax pursuant to an agreement among
ColorQuick and the defendants, but we remained a defendant. In June 2011, the case went to
trial, and the jury determined that we did not infringe
ColorQuick’s patent. The U.S. District Court entered
the jury’s verdict and closed the case in its entirety in
July 2011. ColorQuick has agreed not to appeal the District
Court’s decision.
We are not currently party to any other material legal
proceedings. We are involved, from time to time, in various
legal proceedings arising from the normal course of business
activities. Although we cannot predict with certainty the
results of litigation and claims, we do not expect resolution of
these matters to have a material adverse impact on our
consolidated results of operations, cash flows or financial
position. In all cases, at each reporting period, we evaluate
whether or not a potential loss amount or a potential range of
loss is probable and reasonably estimable under the provisions
of the authoritative guidance that addresses accounting for
contingencies. Legal proceedings previously disclosed in our SEC
filings may not be presented in this report or future reports
filed with the SEC to the extent that we believe that such
matters are no longer material or there has not been significant
activity during the period. Legal costs relating to legal proceedings are expensed as incurred.
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The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Quarterly Financial Data (unaudited)
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Jun. 30, 2011
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| Quarterly Financial Data [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly Financial Data |
Basic and diluted net income per share are computed
independently for each of the quarters presented. Therefore, the
sum of quarterly basic and diluted per share information may not
equal annual basic and diluted net income per share.
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The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies (Policies)
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12 Months Ended |
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Jun. 30, 2011
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| Summary of Significant Accounting Policies [Abstract] | |
| Principles of Consolidation |
The consolidated financial statements include the accounts of
Vistaprint N.V., its wholly owned subsidiaries, and those
entities in which we have a variable interest and are the
primary beneficiary. Intercompany balances and transactions have
been eliminated.
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| Use of Estimates |
The preparation of financial statements in conformity with
U.S. generally accepted accounting principles
(“GAAP”) requires management to make estimates and
assumptions that affect the amounts reported in the consolidated
financial statements and accompanying notes. We believe our most
significant estimates are associated with the useful lives and
valuation of our long-lived assets, share-based compensation,
income taxes and litigation and contingencies, among others. By
their nature, estimates are subject to an inherent degree of
uncertainty. Actual results could differ from those estimates.
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| Cash, Cash Equivalents and Marketable Securities |
We consider all highly liquid investments purchased with an
original maturity of three months or less to be the equivalent
of cash for the purpose of balance sheet and statement of cash
flows
presentation. Cash equivalents consist of money market funds.
Cash and cash equivalents restricted for use were $1,205 and
$2,005 as of June 30, 2011 and 2010, respectively, and are
included in other assets in the accompanying consolidated
balance sheets.
Marketable securities, when held, consist primarily of
investment-grade corporate bonds, U.S. government agency
issues, and certificates of deposit. Our marketable securities
are classified as
“available-for-sale
securities” and carried at fair value, with the unrealized
gains and losses reported as a separate component of accumulated
other comprehensive income (loss). The cost of securities sold
is based on the specific identification method. Interest and
dividends on securities classified as
available-for-sale
are included in interest income.
We review our investments for
other-than-temporary
impairment whenever the fair value of an investment is less than
amortized cost and evidence indicates that an investment’s
carrying amount is not recoverable within a reasonable period of
time. At June 30, 2011 and 2010, we held one municipal
auction rate security (“ARS”) as a result of failed
auctions. The issuer of the ARS initiated a tender offer in June
2011 and, on July 14, 2011, the securities were redeemed.
As of June 30, 2011, the ARS has been included in
marketable securities at its redemption value and a realized
loss of $71 has been included in other expense, net, of which
$40 was reclassified from other comprehensive income. There were
no
other-than-temporary
impairments during the years ended June 30, 2010 and 2009.
|
| Accounts Receivable |
Accounts receivable includes amounts due from customers,
affiliates and partners. We offset gross trade accounts
receivable with an allowance for doubtful accounts, which is our
best estimate of the amount of probable credit losses in
existing accounts receivable. Account balances are charged off
against the allowance when the potential for recovery is
considered remote.
|
| Inventories |
Inventories consist primarily of raw materials and are recorded
at the lower of cost or market value using a
first-in,
first-out method.
|
| Property, Plant and Equipment |
Property, plant and equipment are stated at cost less
accumulated depreciation and amortization. Additions and
improvements that substantially extend the useful life of a
particular asset are capitalized while repairs and maintenance
costs are expensed as incurred. Depreciation of plant and
equipment is recorded on a straight-line basis over the
estimated useful lives of the assets.
|
| Software and Web Site Development Costs |
We capitalize eligible salaries and payroll-related costs of
employees who devote time to the development of internal-use
computer software. Capitalization begins when the preliminary
project stage is complete, management with the relevant
authority authorizes and commits to the funding of the software
project, and it is probable that the project will be completed
and the software will be used to perform the function intended.
These costs are amortized on a straight-line basis over the
estimated useful life of the software, which is generally two
years. Costs associated with preliminary stage software
development, repair, maintenance or the development of website
content are expensed as incurred.
Amortization of previously capitalized amounts in the years
ended June 30, 2011, 2010 and 2009 was $6,653, $6,780 and
$5,762, respectively, resulting in accumulated amortization of
$12,370 and $12,205 at June 30, 2011 and 2010, respectively.
|
| Leases |
We categorize leases at their inception as either operating or
capital leases. Costs for operating leases that include
incentives such as payment escalations or rent abatements are
recognized on a straight-line basis over the term of the lease.
Additionally, inducements received are treated as a reduction of
our costs over the term of the agreement. Leasehold improvements
are capitalized at cost and amortized over the shorter of their
expected useful life or the life of the lease, excluding renewal
periods.
|
| Business Combinations |
We assign the value of the consideration transferred to acquire
a business to the tangible assets and identifiable intangible
assets acquired and liabilities assumed on the basis of their
fair values at the date of acquisition. We assess the fair value
of assets, including intangible assets, using a variety of
methods and each asset is measured at fair value from the
perspective of a market participant. The method used to estimate
the fair values of intangible assets incorporates significant
assumptions regarding the estimates a market participant would
make in order to evaluate an asset, including a market
participant’s use of the asset and the appropriate discount
rates for a market participant. Assets recorded from the
perspective of a market participant that are determined to not
have economic use for us are expensed immediately. Any excess
purchase price over the fair value of the net tangible and
intangible assets acquired is allocated to goodwill. Transaction
costs and restructuring costs associated with a transaction to
acquire a business are expensed as incurred.
|
| Intangible Assets |
All costs related to patent applications are expensed as
incurred. The costs of purchasing patents from unrelated third
parties are capitalized and amortized over the estimated useful
life of the patent. The costs of pursuing others who are
believed to infringe on our patents, as well as costs of
defending against patent-infringement claims, are expensed as
incurred.
We record acquired intangible assets at fair value on the date
of acquisition and amortize such assets using the straight-line
method over the expected useful life of the asset, unless
another amortization method was deemed to be more appropriate.
We evaluate the remaining useful life of intangible assets on a
periodic basis to determine whether events and circumstances
warrant a revision to the remaining useful life. If the estimate
of an intangible asset’s remaining useful life is changed,
we amortize the remaining carrying value of the intangible asset
prospectively over the revised remaining useful life.
Estimated future intangible asset amortization expense for the
next five fiscal years based on balances at June 30, 2011
is $910, $694, $340, $92, and $46, respectively.
|
| Long-Lived Assets |
We continually evaluate whether events or circumstances have
occurred that indicate that the estimated remaining useful life
of our long-lived assets, excluding goodwill, may warrant
revision or that the carrying value of these assets may not be
recoverable. We evaluate the realizability of our long-lived
assets based on profitability and cash flow expectations for the
related asset. Any write-downs are treated as permanent
reductions in the carrying amount of the assets.
For the fiscal years ended June 30, 2011, 2010 and 2009 we
recorded impairment charges on long-lived assets of $252, $514
and $1,363, respectively.
|
| Goodwill |
Goodwill is evaluated for impairment on an annual basis during
the fiscal third quarter, or earlier if impairment indicators
are present. Our annual impairment test concluded that there was
no impairment of goodwill, and there have been no indications of
impairment that would require an updated analysis as of
June 30, 2011. Goodwill is included in other assets on the
accompanying balance sheet.
|
| Revenue Recognition |
We generate revenue primarily from the sale and shipping of
customized manufactured products, as well as providing digital
services, website design and hosting, email marketing services
and order referral fees. We recognize revenue arising from sales
of products and services when it is realized or realizable and
earned. We consider revenue realized or realizable and earned
when it has persuasive evidence of an arrangement, the product
has been shipped or service rendered with no significant
post-delivery obligations on our part, the net sales price is
fixed or determinable and collectability is reasonably assured.
For subscription services we recognize revenue for the fees
charged to customers ratably over the term of the service
arrangement. Revenue is recognized net of discounts we offer to
our customers as part of advertising campaigns. A reserve for
sales returns and allowances is recorded based on historical
experience or specific identification of an event necessitating
a reserve.
Shipping, handling and processing costs billed to customers are
included in revenue and the related costs are included in cost
of revenue. Sales and purchases in jurisdictions which are
subject to indirect taxes, such as value added tax
(“VAT”), are recorded net of tax collected and paid as
we act as an agent for the government.
|
| Advertising Expense |
Advertising costs are expensed as incurred and included in
marketing and selling expense. Advertising expense for the years
ended June 30, 2011, 2010 and 2009 was $177,101, $135,675
and $95,378, respectively, which consisted of external costs
related to customer acquisition and retention marketing
campaigns.
|
| Research and Development Expense |
Research and development costs are expensed as incurred and
included in technology and development expense. Research and
development expense for the years ended June 30, 2011, 2010
and 2009 was $11,128, $8,501 and $7,069, respectively, which
consisted of costs related to enhancing our manufacturing
engineering and technology capabilities.
|
| Income Taxes |
As part of the process of preparing our consolidated financial
statements, we estimate our income taxes in each of the
jurisdictions in which we operate. This process involves
estimating our current tax expense and assessing temporary and
permanent differences resulting from differing treatment of
items for tax and financial reporting purposes. We recognize
deferred tax assets and liabilities for the temporary
differences using the enacted tax rates and laws that will be in
effect when we expect temporary differences to reverse. We
assess the ability to realize our deferred tax assets based upon
the weight of available evidence both positive and negative. To
the extent we believe that it is more likely than not that that
some portion or all of the deferred tax assets will not be
realized, we establish a valuation allowance. In the event that
actual results differ from our estimates or we adjust our
estimates in the future, we may need to increase or decrease
income tax expense, which could have a material impact on our
financial position and results of operations.
We recognize the tax benefit from an uncertain tax position only
if it is more likely than not that the tax position will be
sustained upon examination by the taxing authorities, based on
the technical merits of the tax position. The tax benefits
recognized in our financial statements from such positions are
measured on the largest benefit that has a greater than 50%
likelihood of being realized upon ultimate resolution. The
unrecognized tax benefits will reduce our effective tax rate if
recognized. Interest and, if applicable, penalties related to
unrecognized tax benefits are recorded in the provision for
income taxes.
|
| Foreign Currency Translation |
Our
non-U.S. dollar
functional currency subsidiaries translate their assets and
liabilities denominated in their functional currency to
U.S. dollars at current rates of exchange in effect at the
balance sheet date, and revenues and expenses are translated at
average rates prevailing throughout the period. The resulting
gains and losses from translation are included as a component of
other comprehensive income (loss). Transaction gains and losses
and remeasurement of assets and liabilities denominated in
currencies other than an entity’s functional currency are
included in other expense, net and were $2,126, $1,491 and $803
for the years ended June 30, 2011, 2010 and 2009,
respectively.
|
| Comprehensive Income (Loss) |
Comprehensive income (loss) is defined as the change in equity
of a business enterprise during a period from transactions and
other events and circumstances from non-owner sources.
Comprehensive income (loss) is composed of net income,
unrealized gains and losses on marketable securities and
derivatives, and cumulative foreign currency translation
adjustments, which are disclosed in the accompanying
consolidated statements of shareholders’ equity and
comprehensive income.
|
| Treasury Shares |
Treasury shares are accounted for under the cost method and
included as a component of shareholders’ equity.
|
| Net Income Per Share |
Basic net income per share is computed by dividing net income by
the weighted-average number of ordinary shares outstanding for
the fiscal period. Diluted net income per share gives effect to
all potentially dilutive securities, including share options and
restricted share units (“RSUs”), using the treasury
stock method as our unvested share options and RSUs do not have
rights to dividends.
|
| Share-Based Compensation |
Compensation expense for all share-based awards expected to vest
is measured at fair value on the date of grant and recognized
over the service period. The fair value of RSUs is determined
based on the number of shares granted and the quoted price of
our ordinary shares. Such value is recognized as expense over
the service period, net of estimated forfeitures. The estimation
of share awards that will ultimately vest requires judgment, and
to the extent actual results or updated estimates differ from
our current estimates, such amounts will be recorded as a
cumulative adjustment in the period estimates are revised.
|
| Sabbatical Leave |
Compensation expense associated with a sabbatical leave, or
other similar benefit arrangements, is accrued over the
requisite service period during which an employee earns the
benefit, net of estimated forfeitures, and is included in other
liabilities on our consolidated balance sheets.
|
| Concentrations of Credit Risk |
We monitor the creditworthiness of our customers to which we
grant credit terms in the normal course of business. We had one
customer that represented 26% of our total accounts receivable
at June 30, 2011. All balances related to this one customer
have been collected as of the date of this filing.
We maintain an allowance for doubtful accounts for potential
credit losses based upon specific customer accounts and
historical trends, and such losses to date in the aggregate have
not materially exceeded our expectations.
|
| Recently Adopted Accounting Pronouncements |
Effective July 1, 2010, we adopted Accounting Standards
Update (“ASU”)
2009-13
Multiple-Deliverable Revenue Arrangements, which amends ASC
Subtopic
650-25
Revenue Recognition — Multiple-Element Arrangements to
eliminate the requirement that all undelivered elements have
vendor-specific objective evidence (“VSOE”) or
third-party evidence (“TPE”) before an entity can
recognize the portion of an overall arrangement fee that is
attributable to items that already have been delivered. In the
absence of VSOE or TPE of the standalone selling price for one
or more delivered or undelivered elements in a multiple-element
arrangement, entities will be required to estimate the selling
prices of those elements. The overall arrangement fee will be
allocated to each element (both delivered and undelivered items)
based on their relative selling prices, regardless of whether
those selling prices are evidenced by VSOE or TPE or are based
on the entity’s estimated selling price. Additionally, the
new guidance will require entities to disclose more information
about their multiple-element revenue arrangements. The adoption
of this ASU did not have a material impact on our consolidated
financial statements.
|
| Recently Issued Accounting Pronouncements |
In May 2011, the Financial Accounting Standards Board issued ASU
2011-04
Amendments to Achieve Common Fair Value Measurement and
Disclosure Requirements in U.S. GAAP and IFRS (“ASU
2011-04”),
which is intended to result in convergence between
U.S. GAAP and International Financial Reporting Standards
requirements for measurement of, and disclosures about, fair
value. ASU
2011-04
clarifies or changes certain fair value measurement principles
and enhances the disclosure requirements particularly for
Level 3 fair value measurements. The new guidance is
effective for our third quarter of the fiscal year ending
June 30, 2012, and we do not expect its adoption to have a
material effect on our financial position or results of
operations.
In June 2011, the Financial Accounting Standards Board issued
ASU 2011-05
Presentation of Comprehensive Income, which makes the
presentation of items within other comprehensive income
(“OCI”) more prominent. The new standard will require
companies to present items of net income, items of OCI and total
comprehensive income in one continuous statement or two separate
consecutive statements, and companies will no longer be allowed
to present items of OCI in the statement of shareholders’
equity. Reclassification adjustments between OCI and net income
will be presented separately on the face of the financial
statements. The new guidance is effective for our fiscal year
ending June 30, 2013, and we do not expect its adoption to
have a material effect on our financial position or results of
operations.
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- Details
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- Definition
Disclosure of accounting policy for advertising costs. For those costs that cannot be capitalized, discloses whether such costs are expensed as incurred or the first period in which the advertising takes place. For direct response advertising costs that are capitalized, describes those assets and the accounting policy used, including a description of the qualifying activity, the types of costs capitalized and the related amortization period. An entity also may disclose its accounting policy for cooperative advertising arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for completed business combinations (purchase method, acquisition method or combination of entities under common control). This accounting policy may include a general discussion of the purchase method or acquisition method of accounting (including for example, the treatment accorded contingent consideration, the identification of assets and liabilities, the purchase price allocation process, how the fair values of acquired assets and liabilities are determined) and the entity's specific application thereof. An entity that acquires another entity in a leveraged buyout transaction generally discloses the accounting policy followed by the acquiring entity in determining the basis used to value its interest in the acquired entity, and the rationale for that accounting policy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for salaries, bonuses, incentive awards, postretirement and postemployment benefits granted to employees, including equity-based arrangements; discloses methodologies for measurement, and the bases for recognizing related assets and liabilities and recognizing and reporting compensation expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for goodwill. This accounting policy also may address how an entity assesses and measures impairment of goodwill, how reporting units are determined, how goodwill is allocated to such units, and how the fair values of the reporting units are determined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for finite-lived intangible assets. This accounting policy also might address: (1) the amortization method used; (2) the useful lives of such assets; and (3) how the entity assesses and measures impairment of such assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for costs incurred when both (1) the software is acquired, internally developed, or modified solely to meet the entity's internal needs, and (2) during the software's development or modification, no substantive plan exists or is being developed to market the software externally. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for leasing arrangements (both lessor and lessee). This disclosure may address (1) lease classification (that is, operating versus capital), (2) how the term of a lease is determined (for example, the circumstances in which a renewal option is considered part of the lease term), (3) how rental revenue or expense is recognized for a lease that contains rent escalations, (4) an entity's accounting treatment for deferred rent, including that which arises from lease incentives, rent abatements, rent holidays, or tenant allowances (5) an entity's accounting treatment for contingent rental payments and (6) an entity's policy for reviewing, at least annually, the residual values of sales-type and direct-finance leases. The disclosure also may indicate how the entity accounts for its capital leases, leveraged leases or sale-leaseback transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for its capital stock transactions, including dividends and accumulated other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for the recording of cash and cash equivalents and marketable securities in conformity with generally accepted accounting principles. No definition available.
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- Definition
Describes an entity's accounting policy for the recording of comprehensive income. No definition available.
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- Definition
Disclosure of accounting policy for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. No definition available.
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- Definition
Disclosure of accounting policy for new accounting pronouncements not yet adopted. No definition available.
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- Definition
Disclosure of accounting policy for adoption of new accounting pronouncements. No definition available.
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- Definition
Describes an entity's accounting policy for the recording of compensation expense associated with sabbatical leave. No definition available.
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Summary of Significant Accounting Policies (Tables)
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Jun. 30, 2011
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| Summary of Significant Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of cash, cash equivalents and marketable securities |
Cash, cash equivalents and marketable securities as of
June 30, 2011 consisted of the following:
Cash, cash equivalents and marketable securities as of
June 30, 2010 consisted of the following:
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| Components of accumulated other comprehensive (loss) income |
The components of accumulated other comprehensive income (loss)
were as follows:
|
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| Reconciliation of weighted-average number of ordinary shares |
The following table sets forth the reconciliation of the
weighted-average number of ordinary shares:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the components of accumulated other comprehensive income (loss). No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the components of cash, cash equivalents, and short-term investments. Short-term investments may include current marketable securities. No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Fair Value Measurements (Tables)
|
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Jun. 30, 2011
|
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| Fair Value Measurements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair value of financial assets |
The following tables summarize, by major security type, our
assets that are measured at fair value on a recurring basis and
are categorized using the fair value hierarchy:
|
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| Assets measured at fair value |
The following table presents a roll forward of assets measured
at fair value using significant unobservable inputs
(Level 3) at June 30, 2011 and 2010:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Property, Plant and Equipment (Tables)
|
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
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| Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of property, plant and equipment |
Property, plant and equipment, net consists of the following:
Depreciation expense totaled $43,410, $37,199 and $29,236 for
the years ended June 30, 2011, 2010 and 2009, respectively.
|
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Accrued Expenses (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Jun. 30, 2011
|
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| Accrued Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Expenses |
Accrued expenses included the following:
|
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the components of accrued liabilities. No definition available.
|
|
Long-Term Debt (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
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| Long-Term Debt [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of long-term debt |
Long-term debt is summarized as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
|
|
Shareholders' Equity (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Jun. 30, 2011
|
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| Shareholders' Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of weighted average values used for option grants |
Weighted-average
values used for option grants in 2011, 2010 and 2009 were as
follows:
|
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| Summary of the Company's share option activity and related information |
A summary of our share option activity and related information
for the year ended June 30, 2011 is as follows:
The intrinsic value in the table above represents the total
pre-tax amount, net of exercise price, which would have been
received by option holders if all option holders had exercised
all options with an exercise price lower than the market price
on June 30, 2011. The total intrinsic value of options
exercised during the fiscal years ended June 30, 2011, 2010
and 2009 was $8,319, $26,667, and $15,203, respectively.
|
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| Company's unvested restricted share unit activity and related information |
A summary of our unvested RSU activity and related information
for the fiscal year ended June 30, 2011 is as follows:
The weighted average fair value of RSUs granted during the
fiscal years ended June 30, 2011, 2010 and 2009 was $41.77,
$51.06, and $28.37, respectively. The total intrinsic value of
RSUs vested during the fiscal years ended June 30, 2011,
2010 and 2009 was $19,277, $19,456, and $12,589, respectively.
|
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the changes in outstanding nonvested restricted stock units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Income Taxes (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
Jun. 30, 2011
|
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| Income Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Income before income taxes by geography |
The following is a summary of our income before taxes by
geography:
|
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| Components of the provision (benefit) for income taxes |
The components of the provision (benefit) for income taxes are
as follows:
|
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| Reconciliation of the standard U.S. statutory tax rate and the Company' s effective tax rate |
The following is a reconciliation of the standard
U.S. statutory tax rate and our effective tax rate:
|
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| Components of deferred income tax assets and liabilities |
Significant components of our deferred income tax assets and
liabilities consist of the following at June 30, 2011 and
2010:
The current portion of the net deferred taxes at June 30,
2011 and 2010 was an asset of $1,651 and $1,245, respectively,
which is included in prepaid expenses and other current assets
in the accompanying consolidated balance sheets.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of reconciliation of the gross beginning and ending amount of unrecognized tax benefits |
A reconciliation of the gross beginning and ending amount of
unrecognized tax benefits is as follows:
|
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Tabular disclosure of income before income tax between domestic and foreign jurisdictions. No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
Segment Information (Tables)
|
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2011
|
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| Segment Information [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue and income from operations by operating segment |
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| Revenues and long-lived assets by geographic area |
|
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| X | ||||||||||
|
- Definition
Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
|
Commitments and Contingencies (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2011
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| Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Future minimum rental payments under operating leases |
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
Quarterly Financial Data (unaudited) (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2011
|
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| Quarterly Financial Data [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Quarterly financial data |
|
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Summary of Significant Accounting Policies (Details) (USD $)
In Thousands, unless otherwise specified |
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
Jun. 30, 2008
|
|---|---|---|---|---|
| Summary of cash, cash equivalents and marketable securities | ||||
| Cash and cash equivalents, Amortized Cost | $ 236,552 | $ 162,727 | $ 133,988 | $ 103,145 |
| Cash and cash equivalents, Fair Value | 236,552 | 162,727 | ||
| Marketable securities: | ||||
| Current marketable securities, Fair Value | 9,604 | |||
| Long-term marketable securities, Fair Value | 660 | |||
| Total cash and cash equivalents and marketable securities: | ||||
| Total Cash And Cash Equivalents And Marketable Securities, Amortized Cost | 237,081 | 173,059 | ||
| Total Cash And Cash Equivalents And Marketable Securities, Gross Unrealized Losses | 68 | |||
| Total Cash And Cash Equivalents And Marketable Securities, Fair Value | 237,081 | 172,991 | ||
|
Current Marketable Securities [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 9,632 | |||
| Gross Unrealized Losses | (28) | |||
|
Corporate debt securities [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 6,772 | |||
| Gross Unrealized Losses | (27) | |||
| Current marketable securities, Fair Value | 6,745 | |||
|
U.S government and agency securities [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 1,900 | |||
| Gross Unrealized Losses | 0 | |||
| Current marketable securities, Fair Value | 1,900 | |||
|
Certificates of Deposit [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 960 | |||
| Gross Unrealized Losses | (1) | |||
| Current marketable securities, Fair Value | 959 | |||
|
Long-term Marketable Securities [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 700 | |||
| Gross Unrealized Losses | (40) | |||
|
Municipal auction rate security [Member]
|
||||
| Marketable securities: | ||||
| Amortized Cost | 529 | 700 | ||
| Gross Unrealized Losses | 0 | (40) | ||
| Current marketable securities, Fair Value | 529 | |||
| Long-term marketable securities, Fair Value | $ 660 |
| X | ||||||||||
|
- Definition
This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total of debt securities categorized neither as held-to-maturity nor trading which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of debt securities categorized neither as held-to-maturity nor trading which are intended be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the gross unrealized losses for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. No definition available.
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This item represents the sum of cash, cash equivalents, and marketable securities valued at amortized cost. No definition available.
|
| X | ||||||||||
|
- Definition
This item represents the sum of cash, cash equivalents, and marketable securities valued at fair value. No definition available.
|
| X | ||||||||||
|
- Definition
This item represents the gross unrealized losses for cash, cash equivalents, and marketable securities. No definition available.
|
|
Summary of Significant Accounting Policies (Details 1) (USD $)
In Thousands, unless otherwise specified |
Jun. 30, 2011
|
Jun. 30, 2010
|
|---|---|---|
| Components of accumulated other comprehensive income (loss) | ||
| Cumulative translation adjustments | $ 12,877 | $ (10,606) |
| Unrealized gain on cash flow hedge, net of tax | 0 | 49 |
| Unrealized loss on marketable securities | 0 | (68) |
| Accumulated other comprehensive income (loss) | $ 12,877 | $ (10,625) |
| X | ||||||||||
|
- Definition
Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Summary of Significant Accounting Policies (Details 2)
|
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Reconciliation of weighted-average number of ordinary shares | |||
| Weighted average shares outstanding - basic | 43,431,326 | 43,365,872 | 43,330,166 |
| Weighted average shares issuable upon exercise/vesting of outstanding share options/RSUs | 1,519,873 | 1,970,689 | 1,304,025 |
| Shares used in computing diluted net income per share | 44,951,199 | 45,336,561 | 44,634,191 |
| Weighted average anti-dilutive shares excluded from diluted net income per share | 640,214 | 259,398 | 2,096,825 |
| X | ||||||||||
|
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Summary of Significant Accounting Policies (Details Textuals) (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Goodwill [Line Items] | |||
| Goodwill | $ 4,168 | $ 4,168 | |
| Summary of Significant Accounting Policies (Textuals) [Abstract] | |||
| Restricted cash and cash equivalents | 1,205 | 2,005 | |
| Realized loss on marketable securities | 71 | ||
| Amortization on capitalized software development expense | 6,653 | 6,780 | 5,762 |
| Accumulated amortization on capitalized software development expense | 12,370 | 12,205 | |
| Estimated life of useful life of software | 2 | ||
| Estimated future intangible asset amortization expense for the year 2012 | 910 | ||
| Estimated future intangible asset amortization expense for the year 2013 | 694 | ||
| Estimated future intangible asset amortization expense for the year 2014 | 340 | ||
| Estimated future intangible asset amortization expense for the year 2015 | 92 | ||
| Estimated future intangible asset amortization expense for the year 2016 | 46 | ||
| Unrealized gain on cash flow hedge | 0 | 22 | |
| Impairment charges on long-lived assets | 252 | 514 | 1,363 |
| Advertising expense | 177,101 | 135,675 | 95,378 |
| Research and development expense | 11,128 | 8,501 | 7,069 |
| Unrecognized compensation cost related to non-vested share-based compensation arrangements | 36,948 | ||
| Foreign currency transaction losses included in other expense | 2,126 | 1,491 | 803 |
| Ordinary shares purchased | 1,326,933 | ||
| Ordinary shares purchased, cost | 56,935 | 45,518 | |
|
Customer concentration [Member]
|
|||
| Concentration Risk [Line Items] | |||
| Percentage of receivables represented by one customer | 26.00% | ||
|
Long-term Marketable Securities [Member]
|
|||
| Schedule of Available-for-sale Securities [Line Items] | |||
| Gross Unrealized Losses | (40) | ||
|
Municipal auction rate security [Member]
|
|||
| Schedule of Available-for-sale Securities [Line Items] | |||
| Gross Unrealized Losses | 0 | (40) | |
|
Soft Sight Inc. [Member]
|
|||
| Goodwill [Line Items] | |||
| Impairment of goodwill | $ 0 | ||
| X | ||||||||||
|
- Definition
Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the gross unrealized losses for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. No definition available.
|
| X | ||||||||||
|
- Definition
For each balance sheet presented, the amount of accumulated amortization for capitalized computer software costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For each income statement presented, the amount charged to expense for amortization of capitalized computer software costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the aggregate unrecognized cost of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average useful life of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year five of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year four of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year one of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year three of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year two of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total tax effect of the change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. The change includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash and equivalents whose use in whole or in part is restricted for the long-term, generally by contractual agreements or regulatory requirements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The charge against earnings resulting from the aggregate write down of tangible assets from their carrying value to their fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Fair Value Measurements (Details) (USD $)
In Thousands, unless otherwise specified |
Jun. 30, 2011
|
Jun. 30, 2010
|
|---|---|---|
| Fair value of financial assets | ||
| Cash and cash equivalents | $ 236,552 | $ 162,727 |
| Total assets recorded at fair value | 237,081 | 172,991 |
|
Fair Value, Measurements, Recurring [Member]
|
||
| Fair value of financial assets | ||
| Cash and cash equivalents | 236,552 | 162,727 |
| Total assets recorded at fair value | 237,081 | 172,991 |
|
Fair Value, Measurements, Recurring [Member] | Municipal auction rate security [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 529 | |
|
Fair Value, Measurements, Recurring [Member] | Corporate debt securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 6,745 | |
|
Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 959 | |
|
Fair Value, Measurements, Recurring [Member] | U.S government and agency securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 1,900 | |
|
Fair Value, Measurements, Recurring [Member] | Long-term investments [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 660 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
|
||
| Fair value of financial assets | ||
| Cash and cash equivalents | 236,552 | 162,727 |
| Total assets recorded at fair value | 236,552 | 172,331 |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Municipal auction rate security [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate debt securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 6,745 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 959 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | U.S government and agency securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 1,900 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Long-term investments [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
|
||
| Fair value of financial assets | ||
| Cash and cash equivalents | 0 | 0 |
| Total assets recorded at fair value | 0 | 0 |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Municipal auction rate security [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate debt securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | U.S government and agency securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Long-term investments [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
|
||
| Fair value of financial assets | ||
| Cash and cash equivalents | 0 | 0 |
| Total assets recorded at fair value | 529 | 660 |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Municipal auction rate security [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 529 | |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate debt securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | U.S government and agency securities [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | 0 | |
|
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Long-term investments [Member]
|
||
| Fair value of financial assets | ||
| Fair value of investment | $ 660 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the sum of cash, cash equivalents, and marketable securities valued at fair value. No definition available.
|
|
Fair Value Measurements (Details 1) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Assets measured at fair value | ||
| Beginning Balance | $ 660 | $ 760 |
| Maturities or redemptions | (100) | (100) |
| Reclassification of unrealized loss to net income | 40 | |
| Realized loss | (71) | |
| Ending Balance | $ 529 | $ 660 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents total gains or losses for the period (realized and unrealized), arising from assets measured at fair value on a recurring basis using unobservable inputs (Level 3), which are included in earnings or resulted in a change in net asset value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) of assets measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period. Such increase (decrease) may be comprised of changes in fair value (gains or losses) whether realized or unrealized that have been included in earnings, changed net asset value, or other comprehensive income (a separate component of shareholders' equity); purchases, sales, issuances, or settlements of assets; and net transfers in to or out of this category within the fair value hierarchy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents purchases, sales, issuances, and settlements (net) which have taken place during the period in relation to assets measured at fair value on a recurring basis using unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents an asset measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Property, Plant and Equipment (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Gross | $ 378,874 | $ 327,744 | |
| Less accumulated depreciation | (145,724) | (96,945) | |
| Property, plant, and equipment, net Excluding land | 233,150 | 230,799 | |
| Property, plant and equipment, net | 262,104 | 249,961 | |
| Property, Plant and Equipment (Textuals) [Abstract] | |||
| Depreciation expense | 43,410 | 37,199 | 29,236 |
|
Land improvements [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Estimated Useful Lives | 10 | ||
| Property, Plant and Equipment, Gross | 1,416 | 1,172 | |
|
Building and building improvements [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Useful Life, Minimum | 10 | ||
| Property, Plant and Equipment, Useful Life, Maximum | 30 | ||
| Property, Plant and Equipment, Gross | 119,233 | 82,619 | |
|
Machinery and production equipment [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Useful Life, Minimum | 4 | ||
| Property, Plant and Equipment, Useful Life, Maximum | 10 | ||
| Property, Plant and Equipment, Gross | 165,261 | 143,338 | |
|
Computer software and equipment [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Useful Life, Minimum | 3 | ||
| Property, Plant and Equipment, Useful Life, Maximum | 5 | ||
| Property, Plant and Equipment, Gross | 60,822 | 48,689 | |
|
Furniture, fixtures and office equipment [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Useful Life, Minimum | 5 | ||
| Property, Plant and Equipment, Useful Life, Maximum | 7 | ||
| Property, Plant and Equipment, Gross | 11,075 | 9,353 | |
|
Leasehold improvements [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Estimated Useful Lives | Shorter of lease term or remaining life of the asset | ||
| Property, Plant and Equipment, Gross | 7,645 | 4,663 | |
|
Construction in progress [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Gross | 13,422 | 37,910 | |
|
Land [Member]
|
|||
| Components of property, plant and equipment | |||
| Property, Plant and Equipment, Gross | $ 28,954 | $ 19,162 | |
| X | ||||||||||
|
- Definition
The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Describes the periods of time over which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, at the balance sheet date, of long-lived physical assets used in the normal conduct of business and not intended for resale. This can include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The maximum useful life of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
| X | ||||||||||
|
- Definition
The minimum useful life of long lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
| X | ||||||||||
|
- Definition
Property, plant, and equipment, net excluding land. No definition available.
|
| X | ||||||||||
|
- Details
|
|
Goodwill and Acquired Intangible Assets (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Dec. 30, 2009
|
|
| Goodwill and Acquired Intangible Assets (Textuals) [Abstract] | |||
| Percentage of outstanding equity acquired | 100.00% | ||
| Business acquisition, net of cash acquired | $ 6,500 | ||
| Purchase price allocated for net tangible assets | 52 | ||
| Purchase price of Intangible assets acquired | 2,647 | ||
| Purchase price allocated for goodwill | 4,168 | ||
| Purchase price allocated for net deferred tax liability | 368 | ||
| Amount immediately expensed, included in acquired Intangible assets | $ 920 | ||
| Weighted average life of amortized intangible assets | 3.8 | ||
| X | ||||||||||
|
- Definition
The calculated weighted-average amortization period of a major class of finite-lived intangible assets acquired during the current period either individually or as part of a group of assets (in either an asset acquisition or business combination). A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Percentage of voting equity interests acquired in the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to an identifiable intangible asset that will be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax assets or liabilities for the differences between the values assigned and the tax bases of assets and liabilities in a business combination, net of any valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of goodwill arising from a business combination, which is the excess of the cost of the acquired entity over the amounts assigned to assets acquired and liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to net tangible assets. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Acquired intangible assets written off on acquisition. No definition available.
|
| X | ||||||||||
|
- Details
|
|
Accrued Expenses (Details) (USD $)
In Thousands, unless otherwise specified |
Jun. 30, 2011
|
Jun. 30, 2010
|
|---|---|---|
| Accrued Expenses [Abstract] | ||
| Compensation costs | $ 23,142 | $ 16,263 |
| Advertising costs | 21,407 | 17,627 |
| Income and indirect taxes | 8,427 | 12,403 |
| Shipping costs | 2,694 | 2,351 |
| Professional costs | 1,716 | 2,475 |
| Purchases of property, plant and equipment | 1,236 | 7,129 |
| Other | 10,367 | 7,361 |
| Total accrued expenses | $ 68,989 | $ 65,609 |
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for advertising of the entity's goods and services. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for the purchase of property, plant and equipment. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for shipping related costs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
|
|
Long-Term Debt (Details) (USD $)
In Thousands, unless otherwise specified |
1 Months Ended | 12 Months Ended | |
|---|---|---|---|
|
Dec. 31, 2005
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Debt Instrument [Line Items] | |||
| Long-term debt | $ 0 | $ 5,222 | |
| Long-Term Debt (Textuals) [Abstract] | |||
| Additional equipment term loan | 10,000 | ||
| Remaining amount to be paid under Canadian agreement | 4,667 | ||
|
Amended Canadian credit agreement [Member]
|
|||
| Debt Instrument [Line Items] | |||
| Long-term debt | $ 0 | $ 5,222 |
| X | ||||||||||
|
- Definition
Increase for additional borrowings on the debt instrument during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date. May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cash outflow for the settlement of obligation drawn from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Shareholders' Equity (Details) (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Summary of weighted average values used for option grants | |||
| Risk-free interest rate | 1.79% | 2.03% | 1.48% |
| Expected dividend yield | 0.00% | 0.00% | 0.00% |
| Expected life (years) | 5.00 | 4.92 | 3.94 |
| Expected volatility | 57.00% | 57.00% | 58.00% |
| Weighted average fair value of options granted | $ 24.47 | $ 24.34 | $ 14.06 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The period of time an equity-based award is expected to be outstanding. An equity-based award's expected term is generally determined based on, among other factors, the instrument's contractual term and the effects of employees' expected exercise and post-vesting employment termination behavior. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Shareholders Equity (Details 1) (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Shareholders' Equity [Abstract] | |||
| Outstanding at the beginning of the period, options | 2,858,500 | ||
| Granted, options | 285,205 | ||
| Exercised, options | (315,175) | ||
| Forfeited/cancelled, options | (10,597) | ||
| Outstanding at the end of the period, options | 2,817,933 | 2,858,500 | |
| Outstanding at the beginning of the period, weighted average exercise price | $ 22.03 | ||
| Granted, weighted average exercise price | $ 48.76 | ||
| Exercised, weighted average exercise price | $ 22.25 | ||
| Forfeited/cancelled, weighted average exercise price | $ 41.23 | ||
| Outstanding at the end of the period, weighted average exercise price | $ 24.63 | $ 22.03 | |
| Outstanding at the end of the period, aggregate intrinsic value | $ 66,523 | ||
| Outstanding at the end of the period, weighted average remaining contractual term (years) | 5.58 | ||
| Vested or expected to vest at the end of the period, options | 2,772,556 | ||
| Vested or expected to vest at the end of the period, weighted average exercise price | $ 24.27 | ||
| Vested or expected to vest at the end of the period, weighted average remaining contractual term (years) | 5.52 | ||
| Vested or expected to vest at the end of the period, aggregate intrinsic value | 66,357 | ||
| Exercisable at the end of the period, options | 2,266,351 | ||
| Exercisable at the end of the period, weighted average exercise price | $ 19.94 | ||
| Exercisable at the end of the period, weighted average remaining contractual term (years) | 4.80 | ||
| Exercisable at the end of the period, aggregate intrinsic value | $ 63,300 | ||
| Unvested at the beginning of the period, restricted share units | 848,800 | ||
| Granted, restricted share units | 422,047 | ||
| Vested and distributed, restricted share units | (427,599) | ||
| Forfeited/cancelled, restricted share units | (61,064) | ||
| Unvested at the end of the period, restricted share units | 782,184 | 848,800 | |
| Unvested at the beginning of the period, weighted average grant date fair value | $ 38.96 | ||
| Granted, weighted average grant date fair value | $ 41.77 | $ 51.06 | $ 28.37 |
| Vested and distributed, weighted average grant date fair value | $ 36.87 | ||
| Forfeited, weighted average grant date fair value | $ 36.21 | ||
| Unvested at the end of the period, weighted average grant date fair value | $ 41.83 | $ 38.96 | |
| Unvested at the end of the period, aggregate intrinsic value | $ 37,428 | ||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect during the reporting period as a result of the occurrence of a terminating event specified in the contractual agreement of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The intrinsic value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units, as calculated by applying the disclosed pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total dollar difference between fair values of the underlying shares reserved for issuance and exercise prices of vested portions of options outstanding and currently exercisable under the option plan as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average period between the balance sheet date and expiration for all vested portions of options outstanding and currently exercisable (or convertible) under the plan, which may be expressed in a decimal value for number of years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price at which option holders acquired shares when converting their stock options into shares under the plan during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated during the reporting period due to noncompliance with plan terms during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on stock options awarded under the plan during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total dollar difference between fair values of the underlying shares reserved for issuance and exercise prices pertaining to options outstanding under the plan as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price as of the beginning of the year at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average period between the balance sheet date and expiration for all awards outstanding under the plan, which may be expressed in a decimal value for number of years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the total dollar difference between fair values of the underlying shares reserved for issuance and exercise prices of fully vested and expected to vest options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the number of shares into which fully vested and expected to vest stock options outstanding can be converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the weighted-average exercise price for outstanding stock options that are fully vested or expected to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average period between the balance sheet date and expiration date for fully vested and expected to vest options outstanding, which may be expressed in a decimal value for number of years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Shareholders' Equity (Details Textuals) (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | |||
|---|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
Nov. 09, 2010
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
| Number of shares available for issuance under share awards | 6,491,968 | |||
| Shareholders Equity (Textuals) [Abstract] | ||||
| Maximum shares authorized for repurchase | $ 160,000 | |||
| Ordinary shares purchased | 1,326,933 | |||
| Ordinary shares purchased, cost | 56,935 | 45,518 | ||
| Additional shares repurchased | 3,074,832 | |||
| Maximum shares repurchase description | Repurchases cannot exceed 10% of issued and outstanding ordinary shares | |||
| Aggregate shares repurchased under share repurchase program | 4,401,765 | |||
| Aggregate cost of shares repurchased under share repurchase program | 148,023 | |||
| Contractual Life of Option Granted | 10 years | |||
| Unrecognized compensation cost related to non-vested share-based compensation arrangements | 36,948 | |||
| Expected weighted average period to recognize the unrecognized compensation cost | 2.6 | |||
| Payment of withholding taxes in connection with vesting of restricted share units | (5,653) | (6,142) | (4,176) | |
| Total fair value of shares vested | 19,277 | 19,456 | 12,589 | |
| Total intrinsic value of options exercised | 8,319 | 26,667 | 15,203 | |
| Weighted average fair value of restricted share units granted | $ 41.77 | $ 51.06 | $ 28.37 | |
| Share-based compensation cost, Total | 21,677 | 22,380 | 19,473 | |
| Share-based compensation costs capitalized as part of software and website development | $ 347 | $ 530 | $ 994 | |
|
Employee Stock Option [Member]
|
||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
| Vesting period | Options generally vest quarterly over 3years for directors and 25% after one year and quarterly thereafter for employees | |||
|
Restricted Stock Units [Member]
|
||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
| Vesting period | RSUs generally vest quarterly for 3 years for directors and 25% after one year and quarterly thereafter | |||
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the compensation cost capitalized during the period arising from equity-based compensation arrangements (for example, shares of stock, units, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the aggregate unrecognized cost of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, using a decimal to express in number of years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow paid by the company to cover an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. No definition available.
|
| X | ||||||||||
|
- Definition
Description of the estimated period of time over which an employee is required to provide service in exchange for the equity-based payment award, which often is the vesting period. This period may be explicit or implicit based on the terms of the award, and may be presented in a variety of ways (for example, year, month and year, day, month and year, quarter of a year). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total fair value of equity-based awards for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The total accumulated difference between fair values of underlying shares on dates of exercise and exercise price on options which were exercised (or share units converted) into shares during the reporting period under the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate cost of shares repurchased under share repurchase program. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate number of shares repurchased under share repurchase program. No definition available.
|
| X | ||||||||||
|
- Definition
Maximum shares repurchase description. No definition available.
|
| X | ||||||||||
|
- Definition
Share based compensation arrangement by share based payment award options expiration term. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount authorized under a share repurchase program. No definition available.
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred shares that were repurchased subsequent to the period end. Recorded using the cost method. No definition available.
|
|
Employees' Savings Plan (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Employees' Savings Plan [Abstract] | |||
| Percentage of Voluntarily contribution by employees | 80.00% | ||
| Percentage of Participants voluntary contributions | 50.00% | ||
| Percentage of Maximum Company contribution | 3.00% | ||
| Company matching contributions vesting period | 4 years | ||
| Company expensed for plan | $ 4,515 | $ 3,560 | $ 2,524 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of payment into the fund established for purposes of making future disbursements to the individual in accordance with the terms and understanding of the deferred compensation arrangement. No definition available.
|
| X | ||||||||||
|
- Definition
For a defined contribution postretirement plan, the percentage of eligible compensation which the entity will contribute for employees. No definition available.
|
| X | ||||||||||
|
- Definition
For a defined contribution postretirement plan, the percentage of eligible compensation matched by the employer. No definition available.
|
| X | ||||||||||
|
- Definition
For a defined contribution postretirement plan, the period of time over which employer contributions vest. No definition available.
|
| X | ||||||||||
|
- Definition
For a defined contribution postretirement plan, the maximum percentage of eligible compensation which the employee may contribute to the plan. No definition available.
|
|
Income Taxes (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Summary of Income before income taxes by geography | |||
| US | $ 13,247 | $ 10,250 | $ 9,402 |
| Non-US | 77,875 | 64,764 | 51,701 |
| Total | 91,122 | 75,014 | 61,103 |
| Current: | |||
| U.S. Federal | 3,025 | 5,607 | 4,766 |
| U.S. State | 1,521 | 1,366 | 2,234 |
| Non-U.S | 2,894 | 2,530 | 3,062 |
| Total current | 7,440 | 9,503 | 10,062 |
| Deferred: | |||
| U.S. Federal | 628 | (1,797) | (2,344) |
| U.S. State | 18 | (289) | (1,289) |
| Non-U.S | 927 | (144) | (1,012) |
| Total Deferred taxes | 1,573 | (2,230) | (4,645) |
| Total | $ 9,013 | $ 7,273 | $ 5,417 |
| Reconciliation of the standard U.S. statutory tax rate and the Company' s effective tax rate | |||
| US federal statutory income tax rate | 34.00% | 34.00% | 34.00% |
| State taxes, net of federal effect | 1.10% | 1.00% | 1.00% |
| Foreign rate differential | (25.10%) | (26.00%) | (25.80%) |
| Increase in valuation allowance | 0.80% | 1.30% | 0.00% |
| Other | (0.90%) | (0.60%) | (0.30%) |
| Effective income tax rate | 9.90% | 9.70% | 8.90% |
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted federal tax law to the domestic taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of foreign enacted tax law to the foreign taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted state and local tax law to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) during the period in the entity's domestic deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the federally enacted tax law. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) in the entity's net foreign deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of applicable enacted tax laws of countries other than the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) in the entity's state and local deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the applicable enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the difference between statutory income tax rates in foreign jurisdictions and the domestic federal statutory income tax rate recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to all other items not otherwise listed in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the state and local income tax expense or benefit, net of the federal tax benefit (expense) thereon, recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the net change in deferred tax assets and liabilities pertaining to continuing operations. No definition available.
|
|
Income Taxes (Details 1) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Deferred tax assets: | ||
| Net operating loss carryforwards | $ 1,795 | $ 3,312 |
| Depreciation and amortization | 1,160 | 761 |
| Accrued expenses | 1,551 | 1,245 |
| Shared-based compensation | 6,886 | 5,923 |
| Corporate minimum tax | 488 | 167 |
| Deferred tax assets from research and development credit carryforwards | 629 | 330 |
| Subtotal | 12,509 | 11,738 |
| Valuation allowance | (1,646) | (944) |
| Total deferred tax assets | 10,863 | 10,794 |
| Deferred tax liabilities: | ||
| Depreciation and amortization | (6,484) | (5,401) |
| Other | 0 | (22) |
| Total deferred tax liabilities | (6,484) | (5,423) |
| Net deferred tax assets | 4,379 | 5,371 |
| Summary of reconciliation of the gross beginning and ending amount of unrecognized tax benefits | ||
| Beginning Balance | 2,331 | 1,477 |
| Additions based on tax positions related to the current tax year | 410 | 290 |
| Additions based on tax positions related to prior tax years | 411 | 585 |
| Reductions due to audit settlements | (656) | (21) |
| Ending Balance | $ 2,496 | $ 2,331 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The sum of the tax effects as of the balance sheet date of the amounts of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws ( before the valuation allowance, if any, to reduce such sum amount to net realizable value). Includes any tax benefit realized in deferred tax assets for significant impacts of tax planning strategies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For entities that net deferred tax assets and tax liabilities, represents the unclassified net amount of deferred tax assets and liabilities as of the balance sheet date, which result from applying the applicable enacted tax rate to net temporary differences and carryforwards pertaining to assets or liabilities. A temporary difference is a difference between the tax basis of an asset or liability and its carrying amount in the financial statements prepared in accordance with generally accepted accounting principles that will reverse in ensuing periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; net of deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the tax effects as of the balance sheet date of the amount of excesses of tax deductions over gross income in a year which cannot be used on the tax returns in the current year but can be carried forward to reduce taxable income or income taxes payable in a future year, for which there must be sufficient tax-basis income to utilize a portion or all of the carryforward amount to realize the deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of future tax deductions arising from unused alternative minimum tax credit carryforwards; a tax credit carryforward is the amount by which tax credits available for utilization exceeded statutory limits on inclusion in historical filings, and which can only be utilized if sufficient tax-basis income is generated in future periods and providing tax laws continue to allow such utilization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of future tax deductions arising from unused research tax credit carryforwards; a tax credit carryforward is the amount by which tax credits available for utilization exceed statutory limitations for inclusion in historical filings, and which can only be utilized if sufficient tax-basis income is generated in future periods and providing tax laws continue to allow such utilization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from equity-based compensation costs, which can only be deducted for tax purposes when actual costs are incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from currently nondeductible expenses in accrued liabilities, which can only be deducted for tax purposes when such items are actually incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the portions of deferred tax assets as of the balance sheet date for which, based on the weight of available evidence, it is more likely than not will not be realized through future reductions of tax-based income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of all deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A taxable temporary difference is a difference between the tax basis and the carrying amount of an asset or liability in the financial statements prepared in accordance with generally accepted accounting principles that will result in taxable amounts in one or more future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of the estimated future tax effects attributable to other temporary differences not otherwise specified in this taxonomy that were expensed for tax purposes but capitalized in conformity with generally accepted accounting principles, or which were recognized as revenue under GAAP but not for tax purposes, which will reverse in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from settlements with taxing authorities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of increases in unrecognized tax benefits resulting from tax positions that have been or will be taken in the tax return for the current period, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of increases in unrecognized tax benefits resulting from tax positions taken in prior period tax returns, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount as of the balance sheet date of the estimated future tax effects attributable to the difference between the tax basis of capital and intangible assets and the basis of capital and intangible assets computed in accordance with generally accepted accounting principles. The difference in basis, attributable to different capitalization of costs, depreciation, or amortization methodologies, will reduce future taxable income when such basis difference is realized. No definition available.
|
| X | ||||||||||
|
- Definition
The amount as of the balance sheet date of the estimated future tax effects attributable to the difference between the tax basis of capital and intangible assets and the basis of capital and intangible assets computed in accordance with generally accepted accounting principles. The difference in basis, attributable to different capitalization of costs, depreciation, or amortization methodologies, will increase future taxable income when such basis difference is realized. No definition available.
|
|
Income Taxes (Details Textuals) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Operating Loss Carryforwards [Line Items] | ||
| Deferred tax assets from net operating loss carryforwards | $ 1,795 | $ 3,312 |
| Income taxes (Textuals) | ||
| Unrecognized Tax Benefits That Would Impact Effective Tax Rate, If recognized | 2,153 | 2,085 |
| Accrued interest and penalty related to unrecognized tax benefits included in income tax provision | 278 | 242 |
| Current portion of Deferred Tax Assets | 1,651 | 1,245 |
| Deferred tax assets valuation allowance | 1,646 | 944 |
| Corporate minimum tax credit | 488 | 167 |
| Deferred tax assets from research and development credit carryforwards | 629 | 330 |
| Undistributed earnings | 136,816 | |
|
Corporate minimum tax credit [Member]
|
||
| Tax Credit Carryforward [Line Items] | ||
| Tax Credit Carryforward, Expiration Dates | 2031 | |
|
Research and development [Member]
|
||
| Tax Credit Carryforward [Line Items] | ||
| Tax Credit Carryforward, Expiration Dates | 2031 | |
|
U S Federal And State [Member]
|
||
| Operating Loss Carryforwards [Line Items] | ||
| Deferred tax assets from net operating loss carryforwards | 1,024 | |
| Operating loss carry forward expiration dates | 2030 | |
|
Foreign [Member]
|
||
| Operating Loss Carryforwards [Line Items] | ||
| Foreign net operating loss carryforwards expire through 2020 | 5,164 | |
| Operating loss carry forwards without expiration period | 335 | |
| Operating loss carry forward expiration dates | 2020 | |
|
Federal [Member]
|
||
| Operating Loss Carryforwards [Line Items] | ||
| Excess tax benefit from research and development credits | 696 | |
|
State [Member]
|
||
| Operating Loss Carryforwards [Line Items] | ||
| Deferred tax assets from net operating loss carryforwards | $ 2,614 |
| X | ||||||||||
|
- Definition
The current portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. An unrecognized tax benefit that is directly related to a position taken in a tax year that results in a net operating loss carryforward is presented as a reduction of the related deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the tax effects as of the balance sheet date of the amount of excesses of tax deductions over gross income in a year which cannot be used on the tax returns in the current year but can be carried forward to reduce taxable income or income taxes payable in a future year, for which there must be sufficient tax-basis income to utilize a portion or all of the carryforward amount to realize the deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of operating loss carryforwards available to reduce future taxable income, which are not subject to expiration dates. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of operating loss carryforwards available to reduce future taxable income, which are subject to expiration dates. No definition available.
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of future tax deductions arising from unused alternative minimum tax credit carryforwards; a tax credit carryforward is the amount by which tax credits available for utilization exceeded statutory limits on inclusion in historical filings, and which can only be utilized if sufficient tax-basis income is generated in future periods and providing tax laws continue to allow such utilization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of future tax deductions arising from unused research tax credit carryforwards; a tax credit carryforward is the amount by which tax credits available for utilization exceed statutory limitations for inclusion in historical filings, and which can only be utilized if sufficient tax-basis income is generated in future periods and providing tax laws continue to allow such utilization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the portions of deferred tax assets as of the balance sheet date for which, based on the weight of available evidence, it is more likely than not will not be realized through future reductions of tax-based income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The expiration date of each operating loss carryforward included in total operating loss carryforwards, or the applicable range of such expiration dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
State the expiration dates of the tax credit carryforward. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents the total of accruals as of the date of the statement of financial position for interest recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity and the amount of statutory penalties for a tax position claimed or expected to be claimed by the entity, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Excess tax benefit from research and development credits. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of undistributed earnings of subsidiaries in countries outside the country of domicile that are not assumed to be indefinitely reinvested but are not subject to tax when such earnings are distributed into the country of domicile. No definition available.
|
|
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
Mar. 31, 2011
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Jun. 30, 2010
|
Mar. 31, 2010
|
Dec. 31, 2009
|
Sep. 30, 2009
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Revenue: | |||||||||||
| Revenue | $ 208,791 | $ 203,667 | $ 234,064 | $ 170,487 | $ 164,303 | $ 166,029 | $ 194,612 | $ 145,091 | $ 817,009 | $ 670,035 | $ 515,826 |
| Income from Operations: | |||||||||||
| Income from operations | 93,080 | 76,848 | 61,582 | ||||||||
|
North America [Member]
|
|||||||||||
| Revenue: | |||||||||||
| Revenue | 452,770 | 384,034 | 319,954 | ||||||||
| Income from Operations: | |||||||||||
| Income from operations | 132,299 | 103,639 | |||||||||
|
Europe [Member]
|
|||||||||||
| Revenue: | |||||||||||
| Revenue | 321,716 | 258,534 | 180,714 | ||||||||
| Income from Operations: | |||||||||||
| Income from operations | 91,959 | 72,464 | |||||||||
|
Asia-Pacific [Member]
|
|||||||||||
| Revenue: | |||||||||||
| Revenue | 42,523 | 27,467 | 15,158 | ||||||||
| Income from Operations: | |||||||||||
| Income from operations | 7,641 | 8,898 | |||||||||
|
Corporate and global functions [Member]
|
|||||||||||
| Income from Operations: | |||||||||||
| Income from operations | $ (138,819) | $ (108,153) | |||||||||
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
|
Segment Information (Details 1) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
Mar. 31, 2011
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Jun. 30, 2010
|
Mar. 31, 2010
|
Dec. 31, 2009
|
Sep. 30, 2009
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Revenues and long-lived assets by geographic area | |||||||||||
| Total revenue | $ 208,791 | $ 203,667 | $ 234,064 | $ 170,487 | $ 164,303 | $ 166,029 | $ 194,612 | $ 145,091 | $ 817,009 | $ 670,035 | $ 515,826 |
| Long-lived assets | |||||||||||
| Long-lived assets | 272,919 | 263,442 | 272,919 | 263,442 | |||||||
| Segment Information (Textuals) [Abstract] | |||||||||||
| Referral fee revenue from membership discount programs | 0 | 5,247 | 20,142 | ||||||||
| Goodwill | 4,168 | 4,168 | 4,168 | 4,168 | |||||||
| Deferred tax assets | 6,522 | 7,277 | 6,522 | 7,277 | |||||||
|
Canada [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 103,005 | 110,780 | 103,005 | 110,780 | |||||||
|
Netherlands [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in Netherlands | 82,594 | 73,992 | 82,594 | 73,992 | |||||||
|
Australia [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 43,971 | 36,485 | 43,971 | 36,485 | |||||||
|
Bermuda [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 15,022 | 17,152 | 15,022 | 17,152 | |||||||
|
United States [Member]
|
|||||||||||
| Revenues and long-lived assets by geographic area | |||||||||||
| Total revenue | 430,354 | 370,137 | 313,621 | ||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 10,167 | 12,879 | 10,167 | 12,879 | |||||||
|
Non-United States [Member]
|
|||||||||||
| Revenues and long-lived assets by geographic area | |||||||||||
| Total revenue | 386,655 | 299,898 | 202,205 | ||||||||
|
Jamaica [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 8,858 | 6,191 | 8,858 | 6,191 | |||||||
|
Switzerland [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 4,288 | 1,771 | 4,288 | 1,771 | |||||||
|
Spain [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | 2,317 | 2,180 | 2,317 | 2,180 | |||||||
|
Other [Member]
|
|||||||||||
| Long-lived assets | |||||||||||
| Long-lived assets in foreign countries | $ 2,697 | $ 2,012 | $ 2,697 | $ 2,012 | |||||||
| X | ||||||||||
|
- Definition
The noncurrent portion as of the balance sheet date of the aggregate carrying amount of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after the valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, is classified according to the expected reversal date of the temporary difference. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets, located in the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets, located in foreign countries in total in which the entity holds assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Referral fee revenue from membership discount programs. No definition available.
|
| X | ||||||||||
|
- Details
|
|
Commitments and Contingencies (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
|
| Unrecorded Unconditional Purchase Obligation [Line Items] | |||
| Unrecorded unconditional purchase obligations | $ 23,020 | ||
| Future minimum rental payments required under operating leases | |||
| 2012 | 9,043 | ||
| 2013 | 8,298 | ||
| 2014 | 7,551 | ||
| 2015 | 7,415 | ||
| 2016 | 7,359 | ||
| Thereafter | 6,683 | ||
| Total | 46,349 | ||
| Commitments and Contingencies (Textuals) [Abstract] | |||
| Total lease expense | 8,221 | 7,395 | 6,331 |
| Security deposit in the form of a letter of credit | 364 | ||
|
Production and Computer Equipment Purchase [Member]
|
|||
| Unrecorded Unconditional Purchase Obligation [Line Items] | |||
| Unrecorded unconditional purchase obligations | 6,559 | ||
|
Other Purchase Commitments [Member]
|
|||
| Unrecorded Unconditional Purchase Obligation [Line Items] | |||
| Unrecorded unconditional purchase obligations | 1,658 | ||
|
Jamaica [Member]
|
|||
| Unrecorded Unconditional Purchase Obligation [Line Items] | |||
| Unrecorded unconditional purchase obligations | $ 14,803 | ||
| X | ||||||||||
|
- Definition
Rental expense incurred for leased assets including furniture and equipment which has not been recognized in costs and expenses applicable to sales and revenues; for example, cost of goods sold or other operating costs and expenses. No definition available.
|
| X | ||||||||||
|
- Definition
The total of future contractually required payments on leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due within one year of the balance sheet date relating to leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due within the fifth year of the balance sheet date relating to leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due within the fourth year of the balance sheet date relating to leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due within the third year of the balance sheet date relating to leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due within the second year of the balance sheet date relating to leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For leases having an initial or remaining non-cancelable letter-terms in excess of one year, required rental payments due after the fifth year from the balance sheet date on leases defined as operating. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of an asset, typically cash, provided to a counterparty to provide certain assurance of performance by the entity pursuant to the terms of a written or oral agreement, such as a lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the fixed and determinable portion of an unrecorded unconditional purchase obligation as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|
|
Quarterly Financial Data (unaudited) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
Mar. 31, 2011
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Jun. 30, 2010
|
Mar. 31, 2010
|
Dec. 31, 2009
|
Sep. 30, 2009
|
Jun. 30, 2011
|
Jun. 30, 2010
|
Jun. 30, 2009
|
||||||
| Quarterly financial data | ||||||||||||||||
| Revenue | $ 208,791 | $ 203,667 | $ 234,064 | $ 170,487 | $ 164,303 | $ 166,029 | $ 194,612 | $ 145,091 | $ 817,009 | $ 670,035 | $ 515,826 | |||||
| Cost of revenue | 75,401 | 70,738 | 78,834 | 62,833 | 59,795 | 59,659 | 67,876 | 52,865 | (287,806) | [1] | (240,195) | [1] | (191,944) | [1] | ||
| Net income | $ 14,397 | $ 22,917 | $ 34,014 | $ 10,781 | $ 11,650 | $ 16,167 | $ 26,948 | $ 12,976 | $ 82,109 | $ 67,741 | $ 55,686 | |||||
| Net income per share: | ||||||||||||||||
| Basic net income per share | $ 0.33 | $ 0.53 | $ 0.78 | $ 0.25 | $ 0.27 | $ 0.37 | $ 0.62 | $ 0.30 | $ 1.89 | $ 1.56 | $ 1.29 | |||||
| Diluted net income per share | $ 0.32 | $ 0.51 | $ 0.75 | $ 0.24 | $ 0.26 | $ 0.35 | $ 0.59 | $ 0.29 | $ 1.83 | $ 1.49 | $ 1.25 | |||||
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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