Software and web site development costs, net

511,947

493,163

48,470

35,212

Deferred tax assets

48,004

26,093

Other current liabilities

514,963

466,005

Intangible assets, net

275,924

216,970

Other assets

34,560

25,658

Total assets

1,679,869

1,463,869

Current liabilities:

Accounts payable

127,386

86,682

Accrued expenses

175,567

178,987

Deferred revenue

30,372

25,842

Short-term debt

28,926

^[1]

21,717

78,435

22,635

Liabilities held for sale

8,797

Total current liabilities

449,483

335,863

Deferred tax liabilities

60,743

69,430

Lease financing obligation

106,606

110,232

Long-term debt

847,730

656,794

Other liabilities

^[2]

94,683

60,173

Total liabilities

1,559,245

1,232,492

Temporary equity

Redeemable noncontrolling interests

45,412

65,301

Shareholders’ equity:

Preferred shares, par value €0.01 per share, 100,000,000 shares authorized; none issued and outstanding

Ordinary shares, par value €0.01 per share, 100,000,000 shares authorized; 44,080,627 shares issued; and 31,415,503 and 31,536,732 shares outstanding, respectively

615

Treasury shares, at cost,12,665,124 and 12,543,895 shares, respectively

(588,365)

(548,549)

Additional paid-in capital

361,376

335,192

Retained earnings

414,771

486,482

Noncontrolling interests (Note 14)

(113,398)

(108,015)

213

351

Total shareholders' equity

75,212

166,076

Total liabilities, noncontrolling interests and shareholders’ equity

$ 1,679,869

$ 1,463,869

[1]	Balances as of June 30, 2017 and June 30, 2016 are both inclusive of short-term debt issuance costs and debt discounts of $1,693 in both periods
[2]	Total other liabilities was impacted by our acquisition of National Pen, resulting in an additional $8,506 of other liabilities as of June 30, 2017, primarily relating to capital lease obligations, which are included in each of the respective categories within the table.

Consolidated Balance Sheets (Parenthetical) $ in Thousands	Jun. 30, 2017 USD ($) shares	Jun. 30, 2017 € / shares	Jun. 30, 2016 USD ($) shares	Jun. 30, 2016 € / shares
Current Assets
Allowance for doubtful accounts receivable, current \| $	$ 3,590		$ 490
Stockholders' Equity
Preferred shares, par value \| € / shares		€ 0.01		€ 0.01
Preferred shares, shares authorized	100,000,000		100,000,000
Preferred shares, shares issued	0		0
Preferred shares, shares outstanding	0		0
Ordinary shares, par value \| € / shares		€ 0.01		€ 0.01
Ordinary shares, shares authorized	100,000,000		100,000,000
Ordinary shares, shares issued	44,080,627		44,080,627
Common Stock, Shares, outstanding	31,415,503		31,536,732
Treasury shares, shares	12,665,124		12,543,895

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Technology and development expense (1)

$ 2,135,405

$ 1,788,044

$ 1,494,206

Cost of revenue (1)

^[1]

1,036,975

773,640

568,572

^[1]

243,230

210,080

186,770

Marketing and selling expense (1)

^[1]

610,932

508,502

472,079

General and administrative expense (1)

^[1]

207,569

145,844

142,996

Amortization of acquired intangible assets

46,145

40,563

24,263

Restructuring expense (1)

^[1]

26,700

381

3,202

Impairment of goodwill and acquired intangible assets

9,556

30,841

(Loss) income from operations

(45,702)

78,193

96,324

Other income, net

10,362

26,098

20,134

Interest expense, net

(43,977)

(38,196)

(16,705)

(Loss) income before income taxes

(79,317)

66,095

99,753

Income tax (benefit) provision

(7,118)

15,684

10,441

Net (loss) income

(72,199)

50,411

89,312

Add: Net loss attributable to noncontrolling interest

488

3,938

2,900

Net (loss) income attributable to Cimpress N.V.

$ (71,711)

$ 54,349

$ 92,212

Basic net (loss) income per share attributable to Cimpress N.V.

$ (2.29)

$ 1.72

$ 2.82

Diluted net (loss) income per share attributable to Cimpress N.V.

$ (2.29)

$ 1.64

$ 2.73

Weighted average shares outstanding — basic

31,291,581

31,656,234

32,644,870

Weighted average shares outstanding — diluted

31,291,581

33,049,454

33,816,498

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

$ 48,627

$ 23,772

$ 24,075

Cost of revenue

Technology and development expense

289

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

Marketing and selling expense

8,724

5,892

4,139

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

General and administrative expense

4,857

1,591

1,952

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

28,500

16,273

17,906

Restructuring expense (1)

26,700

381

3,202

Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]

Summary of Significant Accounting Policies

$ 6,257

$ 0

[1]	Share-based compensation is allocated as follows:

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Other comprehensive (loss) income, net of tax:
Net (loss) income	$ (72,199)	$ 50,411	$ 89,312
Foreign currency translation gain (loss)	(4,681)	(7,537)	(93,627)
Net unrealized losses on derivative instruments designated and qualifying as cash flow hedges	(1,297)	(2,504)	(1,417)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income on derivative instruments	1,369	1,587	815
Unrealized (loss) gain on available-for-sale-securities	(5,756)	517	(6,275)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income for realized gains on available-for-sale securities	2,268	0	0
Gain on pension benefit obligation, net	2,194	561	(388)
Comprehensive (loss) income	(78,102)	43,035	(11,580)
Add: Comprehensive loss attributable to noncontrolling interests	1,008	2,208	2,770
Total comprehensive (loss) income attributable to Cimpress N.V.	$ (77,094)	$ 45,243	$ (8,810)

Consolidated Statement of Shareholders Equity Statement - USD ($) $ in Thousands	Total	Ordinary Shares	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]
Beginning balance, Shares at Jun. 30, 2014		(44,080,000)	11,751,000
Beginning balance, Value at Jun. 30, 2014	$ 232,457	$ 615	$ (423,101)	$ 309,990	$ 342,840	$ 2,113
Issuance of ordinary shares due to share option exercises, Value	(9,779)		$ 6,689	(16,468)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			672,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	(6,448)		$ 4,280	(10,728)
Excess tax benefit from share-based compensation	20,763			20,763
Cancellation of treasury shares, Shares			201,000
Share-based compensation expense	20,724			20,724
Net Income (Loss) Attributable to Parent	92,212				92,212
Net unrealized loss on derivative instruments designated and qualifying as cash flow hedges	(602)					(602)
Marketable Securities, Unrealized Gain (Loss)	(6,275)					(6,275)
Foreign currency translation, net of hedges	(93,757)					(93,757)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), before Tax	(388)					(388)
Ending balance, Shares at Jun. 30, 2015		(44,080,000)	10,878,000
Ending balance, Value at Jun. 30, 2015	248,907	$ 615	$ (412,132)	324,281	435,052	(98,909)
Cumulative Effect of New Accounting Principle in Period of Adoption	2,546			546	2,000
Issuance of ordinary shares due to share option exercises, Value	4,706		$ 5,199	(493)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			120,000
Stock Issued During Period, Value, Acquisitions	8,810		$ 4,900	3,910
Stock Issued During Period, Shares, Acquisitions			112,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	(7,469)		$ 3,857	(11,326)
Cancellation of treasury shares, Shares			180,000
Stock Issued During Period, Value, Restricted Stock Award, Gross	0		$ 3,094	(3,094)
Stock Issued During Period, Shares, Restricted Stock Award, Gross			82,000
Share-based compensation expense	21,368			21,368
Treasury Stock, Value, Acquired, Cost Method	(153,467)		$ (153,467)
Treasury Stock, Shares, Acquired			(2,160,000)
Accretion to Redemption Value	(4,919)				(4,919)
Net Income (Loss) Attributable to Parent	54,349				54,349
Net unrealized loss on derivative instruments designated and qualifying as cash flow hedges	(917)					(917)
Marketable Securities, Unrealized Gain (Loss)	517					517
Foreign currency translation, net of hedges	(9,267)					(9,267)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), before Tax	561					561
Ending balance, Shares at Jun. 30, 2016		(44,080,000)	(12,544,000)
Ending balance, Value at Jun. 30, 2016	$ 165,725	$ 615	$ (548,549)	335,192	486,482	(108,015)
Issuance of ordinary shares due to share option exercises, Shares	495,763
Issuance of ordinary shares due to share option exercises, Value	$ 3,494		$ 6,949	(3,455)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			319,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	(7,333)		$ 3,243	(10,576)
Cancellation of treasury shares, Shares			154,000
Share-based compensation expense	43,504			43,504
Treasury Stock, Value, Acquired, Cost Method	(50,008)		$ (50,008)
Treasury Stock, Shares, Acquired			(594,000)
Accretion to Redemption Value	(68)			(68)
Reclassification of mandatorily redeemable noncontrolling interest				(3,357)
Net Income (Loss) Attributable to Parent	(71,711)				(71,711)
Net unrealized loss on derivative instruments designated and qualifying as cash flow hedges	72					72
Marketable Securities, Unrealized Gain (Loss)	(5,756)					(5,756)
Marketable Securities, Gain (Loss)	2,268					2,268
Foreign currency translation, net of hedges	(4,161)					(4,161)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), before Tax	2,194					2,194
Ending balance, Shares at Jun. 30, 2017		(44,080,000)	12,665,000
Ending balance, Value at Jun. 30, 2017	$ 74,999	$ 615	$ (588,365)	$ 361,376	$ 414,771	$ (113,398)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net (loss) income	$ (72,199)	$ 50,411	$ 89,312
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	158,400	131,918	97,500
Impairment of goodwill and acquired intangible assets	9,556	30,841	0
Share-based compensation expense	48,627	23,772	24,075
Deferred taxes	(41,358)	(15,922)	(14,940)
Abandonment of long-lived assets	2,408	10,979	0
Change in contingent earn-out liability	39,377	0	14,890
Marketable Securities, Realized Gain	(2,268)	0	0
Unrealized loss (gain) on derivatives not designated as hedging instruments included in net (loss) income	15,813	(8,163)	(1,868)
Payments of contingent consideration in excess of acquisition date fair value	0	(8,613)	(8,055)
Effect of exchange rate changes on monetary assets and liabilities denominated in non-functional currency	(5,690)	(9,199)	(6,455)
Other non-cash items	2,886	5,784	4,130
Gain on proceeds from insurance	0	(3,136)	0
Changes in operating assets and liabilities:
Accounts receivable	4,701	6,766	2,057
Inventory	(8,699)	(11)	(4,491)
Prepaid expenses and other assets	521	(7,668)	8,597
Accounts payable	25,332	25,670	(4,026)
Accrued expenses and other liabilities	(20,671)	13,929	41,296
Net cash provided by operating activities	156,736	247,358	242,022
Investing activities
Purchases of property, plant and equipment	(74,157)	(80,435)	(75,813)
Business acquisitions, net of cash acquired	(204,875)	(164,412)	(123,804)
Purchases of intangible assets	(197)	(476)	(250)
Capitalization of software and website development costs	(37,307)	(26,324)	(17,323)
Proceeds from insurance related to investing activities	0	3,624	0
Proceeds from sale of available-for-sale securities	6,346	0
Proceeds from the sale of assets	4,513	0	0
Other investing activities	3,888	2,485	0
Net cash used in investing activities	(301,789)	(265,538)	(217,190)
Financing activities
Proceeds from borrowings of debt	737,075	598,008	367,500
Proceeds from issuance of senior notes	0	0	275,000
Payments of debt and debt issuance costs	(540,142)	(430,692)	(588,293)
Payments of purchase consideration included in acquisition-date fair value	(539)	(7,330)	(11,105)
Payments of withholding taxes in connection with equity awards	(14,568)	(7,467)	(29,351)
Payments of capital lease obligations	(15,887)	(13,933)	(5,750)
Purchase of ordinary shares	(50,008)	(153,467)	0
Purchase of noncontrolling interests	(20,230)	0	0
Proceeds from issuance of ordinary shares	6,192	4,705	13,123
Capital contribution from noncontrolling interest	1,404	5,141	4,160
Other financing activities	1,281	(303)	(118)
Net cash (used in) provided by financing activities	104,578	(5,338)	25,166
Effect of exchange rate changes on cash	788	(2,640)	(8,922)
Increase in cash held for sale	12,042
Net decrease in cash and cash equivalents	(51,729)	(26,158)	41,076
Cash and cash equivalents at beginning of period	77,426	103,584	62,508
Cash and cash equivalents at end of period	25,697	77,426	103,584
Supplemental disclosures of cash flow information:
Interest	45,275	37,623	8,520
Income taxes	49,342	19,750	14,284
Capitalization of construction costs related to financing lease obligation	0	19,264	86,198
Property and equipment acquired under capital leases	14,422	7,535	13,194
Amounts accrued related to business acquisitions	$ 46,124	$ 5,868	$ 20,122

Description of the Business	12 Months Ended
Description of the Business	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business We are a technology driven company that aggregates, largely via the internet, large volumes of small, individually customized orders for a broad spectrum of print, signage, apparel and similar products. We operate in a largely decentralized manner. Our businesses, discussed in more detail below, fulfill orders with manufacturing capabilities that include Cimpress owned and operated manufacturing facilities and a network of third-party fulfillers to create customized products on-demand. Those businesses bring their products to market through a portfolio of customer-focused brands serving the needs of micro, small and medium sized businesses, resellers and consumers. These brands include Vistaprint, our global brand for micro business marketing products and services, as well as brands that we have acquired that serve the needs of various market segments, including resellers, micro, small and medium sized businesses with differentiated service needs, and consumers purchasing products for themselves and their families.

Summary of Significant Accounting Policies

12 Months Ended

Jun. 30, 2017

Accounting Policies [Abstract]

Basis of Presentation

The consolidated financial statements include the accounts of Cimpress N.V., its wholly owned subsidiaries, entities in which we maintain a controlling financial interest, and those entities in which we have a variable interest and are the primary beneficiary. Intercompany balances and transactions have been eliminated. Investments in entities in which we can exercise significant influence, but do not own a majority equity interest or otherwise control, are accounted for using the equity method and are included as investments in equity interests on the consolidated balance sheets.

Changes in Presentation of Financial Statements

During fiscal 2017 we changed the presentation of amortization expense for acquired intangible assets. The expense was previously classified within each of the respective expense lines of our consolidated statement of operations and now is presented as a separate financial statement line item, "Amortization of acquired intangible assets." Prior period results have been recast to reflect this change.

In addition, given the significance of our current fiscal year restructuring charges we are presenting these expenses as a separate financial statement line item, "Restructuring expense", in our consolidated statement of operations. Restructuring expense includes costs associated with restructuring initiatives, including one-time and contractual termination benefits, share-based compensation, consulting or legal fees directly related to the restructuring initiative, costs associated with facility-related exit activities, and other related charges. Prior period results have been recast to reflect this change.

Assets and Liabilities Held for Sale

We classify assets and liabilities (disposal groups) to be sold as held for sale in the period in which all of the following criteria are met: management, having the authority to approve the action, commits to a plan to sell the disposal group; the disposal group is being actively marketed for sale at a price that is reasonable in relation to the current fair value; the disposal group is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such disposal groups; an active program to locate a buyer and other actions required to complete the plan to sell the disposal group have been initiated; the sale of the disposal group is probable, and the sale is expected to be complete within one year. We measure a disposal group that is classified as held for sale at the lower of its carrying value or fair value less any costs to sell. Any loss resulting from this measurement is recognized in the period in which the held for sale criteria are met.

During the fourth quarter of fiscal 2017, we met the held-for-sale criteria for our planned sale of our Albumprinter business, which is part of our All Other Businesses reportable segment. As of June 30, 2017, we have presented the Albumprinter disposal group as held for sale, resulting in the classification of all related assets and liabilities as held for sale in our consolidated balance sheet as follows:



	June 30, 2017
Cash and cash equivalents	$	12,042
Accounts receivable, net	783
Inventory	498
Prepaid and other current assets	1,759
Software and web site development costs, net	2,702
Property, plant and equipment, net	9,735
Goodwill	13,540
Intangible assets, net	4,632
Other non-current assets	585
Total assets held for sale	$	46,276

Accounts payable	$	3,052
Accrued expenses	4,480
Deferred revenue	562
Deferred tax liabilities	703
Total liabilities held for sale	$	8,797

On July 21, 2017 we entered into a definitive agreement to sell our Albumprinter business and we expect cash proceeds of approximately €92,000 prior to any fees and pre-closing dividends, subject to customary closing conditions. We expect the sale to be completed during the first quarter of fiscal 2018. For the year ended June 30, 2017, we did not recognize an adjustment when measuring the assets and liabilities at the lower of it carrying value or fair value.

Use of Estimates

The preparation of financial statements in conformity with 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 ongoing evaluation of the recoverability of our long-lived assets and goodwill, estimated useful lives of assets, share-based compensation, accounting for business combinations, and income taxes and related valuation allowances, among others. By their nature, estimates are subject to an inherent degree of uncertainty. Actual results could differ from those estimates.

Cash and Cash Equivalents

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 depository accounts and money market funds. Cash and cash equivalents restricted for use were $520 and $409 as of June 30, 2017 and 2016, respectively, and are included in other assets in the accompanying consolidated balance sheets.

Marketable Securities

We determine the appropriate classification of marketable securities at the date of purchase and reevaluate the classification at each balance sheet date. Our marketable securities are classified as "available-for-sale" and carried at fair value, with the unrealized gains and losses, net of taxes if applicable, reported as a separate component of accumulated other comprehensive (loss) income. On December 22, 2016, we sold all of our Plaza Create Co. Ltd. common shares, which were classified as held for sale. We recognized a net gain of $2,268 as part of other income, net on our statement of operations for the year ended June 30, 2017. We did not sell marketable securities during the years ended June 30, 2016 or 2015.

Accounts Receivable

Accounts receivable includes amounts due from customers. 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 no longer reasonably assured.

Inventories

Inventories consist primarily of raw materials and are recorded at the lower of cost or net realizable value using the first-in, first-out method. Costs to produce free products are included in cost of revenues as incurred.

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. Assets that qualify for the capitalization of interest cost during their construction period are evaluated on a per project basis and, if material, the costs are capitalized. No interest costs associated with our construction projects were capitalized in fiscal 2017 or 2016 as the amounts were not material. 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 websites and 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. 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, 2017, 2016 and 2015 was $24,571, $14,355 and $8,666, respectively, resulting in accumulated amortization of $59,554 and $34,737 at June 30, 2017 and 2016, 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.

Capital leases are accounted for as an acquisition of an asset and incurrence of an obligation. Assets held under capital leases are recorded at the lower of the present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease, and amortized over the useful life of the asset. The corresponding capital lease obligation is recorded at the present value of the minimum lease payments at inception of the lease.

For lease arrangements where we are deemed to be involved in the construction of structural improvements prior to the commencement of the lease or take some level of construction risk, we are considered the owner of the assets during the construction period. Accordingly, as the lessor incurs the construction project costs, the assets and corresponding financial obligation are recorded in our consolidated balance sheet. Once the construction is completed, if the lease meets certain “sale-leaseback” criteria, we will remove the asset and related financial obligation from the balance sheet and treat the building lease as either an operating or capital lease based on our assessment of the guidance. If upon completion of construction, the project does not meet the “sale-leaseback” criteria, the lease will be treated as a financing obligation and we will depreciate the asset over its estimated useful life for financial reporting purposes.

Insurance Recoveries

Insurance proceeds related to incurred losses are recognized when recovery is probable, while business interruption recoveries follow the gain contingency model and are recognized when realized or realizable and earned. During the year ended June 30, 2017, we experienced a flood at our Windsor, Canada production facility, resulting in the receipt of insurance proceeds of $829, consisting of $298 related to business interruption losses. The cash received related to business interruption loses was allocated between cost of goods sold and other income based on their relative percentage of business interruption losses, which equated to $141 and $157, respectively. As of June 30, 2017, this insurance claim is closed, and we do not anticipate any additional recoveries relating to this claim.

During the year ended June 30, 2016, we received $11,943 in cash for payments from an insurance settlement related to a fire that occurred at our Venlo, Netherlands production facility. The insurance proceeds were used to offset incurred losses, including the write-off of the net book value of damaged machinery, equipment and inventory and property-related cleanup costs, as well as claim preparation costs. We also received insurance proceeds for business interruption losses for increased shipping and outsourcing costs recognized as a reduction to cost of revenue and lost profits recognized as a gain within other income, net. We recognized $7,996 as a reduction of expenses, including $2,634 relating to business interruption recoveries recognized as a reduction to cost of revenue. We recognized a net gain of $3,947 as a component of other income, net in our consolidated statement of operations, including $811 for business interruption lost profits, with the remainder related the recovery of the replacement value of damaged machinery and equipment in excess of carrying value. This insurance claim is closed.

Intangible Assets

We capitalize the costs of purchasing patents from unrelated third parties and amortize these costs over the estimated useful life of the patent. The costs related to patent applications, pursuing others who we believe infringe on our patents, and 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 is 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.

Long-Lived Assets

Long-lived assets with a finite life are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets might not be recoverable. Conditions that would necessitate an impairment assessment include a significant decline in the observable market value of an asset, a significant change in the extent or manner in which an asset is used, or any other significant adverse change that would indicate that the carrying amount of an asset or group of assets may not be recoverable. During the year ended June 30, 2017, we recognized a partial impairment charge for the acquired intangible assets of our Tradeprint reporting unit of $3,211. Refer to Note 8 for additional information.

During the years ended June 30, 2017 and 2016 we committed to plans to abandon certain manufacturing equipment and recognized a loss of $2,408 and $10,979, respectively. The related loss during the year ended June 30, 2017 was recognized in cost of revenue, technology and development expense, and restructuring expense for $1,119, $678, and $611, respectively, while the entire loss for the previous year was allocated to cost of revenue. We did not recognize any abandonment charges during the fiscal year ended June 30, 2015.

Business Combinations

We recognize the assets acquired and liabilities assumed in business combinations 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. Assets acquired 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 business combination are expensed as incurred.

The consideration for our acquisitions often includes future payments that are contingent upon the occurrence of a particular event. For acquisitions that qualify as business combinations, we record an obligation for such contingent payments at fair value on the acquisition date. We estimate the fair value of contingent consideration obligations through valuation models that incorporate probability adjusted assumptions related to the achievement of the milestones and thus likelihood of making related payments or by using a Monte Carlo simulation model. We revalue these contingent consideration obligations each reporting period. Changes in the fair value of our contingent consideration obligations are recognized within general and administrative expense in our consolidated statements of operations.

Goodwill

The evaluation of goodwill for impairment is performed at a level referred to as a reporting unit. A reporting unit is either the “operating segment level” or one level below, which is referred to as a “component.” The level at which the impairment test is performed requires an assessment as to whether the operations below the operating segment should be aggregated as one reporting unit due to their similarity or reviewed individually. Goodwill is evaluated for impairment on an annual basis or more frequently when an event occurs or circumstances change that indicate that the carrying value may not be recoverable. Goodwill is considered to be impaired when the carrying amount of a reporting unit exceeds its estimated fair value.

We have the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If the results of this analysis indicate that the fair value of a reporting unit is less than its carrying value, the quantitative impairment test is required; otherwise, no further assessment is necessary. To perform the quantitative approach, we estimate the fair value of our reporting units using a discounted cash flow methodology. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, then a second step of the impairment test is performed in order to determine the implied fair value of our reporting unit’s goodwill. If the carrying value of a reporting unit’s goodwill exceeds its implied fair value, then we record an impairment loss equal to the difference.

For our annual impairment test as of May 31, 2017, we evaluated each of our eleven reporting units with goodwill individually. We considered the timing of our most recent fair value assessment and associated headroom, the actual operating results as compared to the cash flow forecasts used those fair value assessments, the current long-term forecasts for each reporting unit, and the general market and economic environment of each reporting unit. We performed a qualitative assessment for nine of our reporting units and determined that there was no indication that the carrying value of any of these reporting units exceeds its fair value. We also performed a quantitative analysis for two of our reporting units during this testing cycle in order to gain additional assurance there was no impairment related to its goodwill. There have been no indications of impairment that would require an impairment test as of June 30, 2017.

Debt Issuance Costs

Expenses associated with the issuance of debt instruments are capitalized and are amortized over the terms of the respective financing arrangement using the effective interest method, or on a straight-line basis through the maturity date for our revolving credit facility. During the years ended June 30, 2017 and 2016, we capitalized debt issuance costs related to our senior secured credit facility and senior unsecured notes of $229 and $151, respectively. Amortization and write-off of these costs is included in interest expense, net in the consolidated statements of operations and amounted to $1,578, $1,588, and $1,272, for the years ended June 30, 2017, 2016 and 2015, respectively. Unamortized debt issuance costs were $5,661 and $7,010 as of June 30, 2017 and 2016, respectively. When we make changes to our financing arrangements, we re-evaluate the capitalization of these costs which could result in the immediate recognition of any unamortized debt issuance costs in our statement of operations.

Derivative Financial Instruments

We record all derivatives on the consolidated balance sheet at fair value. We apply hedge accounting to arrangements that qualify and are designated for hedge accounting treatment, which includes cash flow and net investment hedges. Hedge accounting is discontinued prospectively if the hedging relationship ceases to be effective or the hedging or hedged items cease to exist as a result of maturity, sale, termination or cancellation.

Derivatives designated and qualifying as hedges of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges which could include interest rate swap contracts and forward currency contracts. In a cash flow hedging relationship, the effective portion of the change in the fair value of the hedging derivative is initially recorded in accumulated other comprehensive (loss) income, while any ineffective portion is recognized directly in earnings, as a component of other income, net. The portion of gain or loss on the derivative instrument previously recorded in accumulated other comprehensive (loss) income remains in accumulated other comprehensive (loss) income until the forecasted transaction is recognized in earnings.

Derivatives designated and qualifying as hedges of currency exposure of a net investment in a foreign operation are considered net investment hedges which could include cross-currency swap contracts. In hedging the currency exposure of a net investment in a foreign operation, the effective portion of gains and losses on the hedging instruments is recognized in accumulated other comprehensive (loss) income as part of currency translation adjustment, while any ineffective portion is recognized directly in earnings, as a component of other income. The portion of gain or loss on the derivative instrument previously recorded in accumulated other comprehensive (loss) income remains in accumulated other comprehensive (loss) income until we reduce our investment in the hedged foreign operation through a sale or substantial liquidation.

We also enter into derivative contracts that are intended to economically hedge certain of our risks, even though we may not elect to apply hedge accounting or the instrument may not qualify for hedge accounting. When hedge accounting is not applied, the changes in the fair value of the derivatives are recorded directly in earnings as a component of other income, net.

In accordance with the fair value measurement guidance, our accounting policy is to measure the credit risk of our derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. We execute our derivative instruments with financial institutions that we judge to be credit-worthy, defined as institutions that hold an investment grade credit rating.

Mandatorily Redeemable Noncontrolling Interest

Noncontrolling interests held by third parties in consolidated subsidiaries are considered mandatorily redeemable when they are subject to an unconditional obligation to be redeemed by both parties. The redeemable noncontrolling interest must be required to be repurchased on a specified date or on the occurrence of a specified event that is certain to occur and are to be redeemed via the transfer of assets. Mandatorily redeemable noncontrolling interests are presented as liability-based financial instruments and are re-measured on a recurring basis to the expected redemption value. During the year ended June 30, 2017, the terms of our arrangement with the shareholders of Printi LLC were amended, resulting in the inclusion of a mandatory redemption feature as part of the amended arrangement. Refer to Note 15 for additional details.

Shareholders’ Equity

Comprehensive (loss) Income

Comprehensive (loss) income 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 (loss) income is composed of net (loss) income, unrealized gains and losses on marketable securities and derivatives, unrealized loss on pension benefit obligation, and cumulative foreign currency translation adjustments, which are included in the accompanying consolidated statements of comprehensive income.

Treasury Shares

Treasury shares are accounted for using the cost method and are included as a component of shareholders' equity. We reissue treasury shares as part of our share-based compensation programs and upon issuance we determine the cost using the average cost method.

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, order referral fees and other third party offerings. We recognize revenue arising from sales of products and services when we have 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. Revenue from sales of prepaid orders on our websites are deferred until shipment of fulfilled orders or until the prepaid service has been rendered.

For arrangements with multiple deliverables, we allocate revenue to each deliverable if the delivered item(s) has value to the customer on a standalone basis and, if the arrangement includes a general right of return relative to the delivered item, delivery or performance of the undelivered item(s) is considered probable and substantially within our control. The stand-alone selling price for a deliverable is determined using a hierarchy of (1) Company specific objective and reliable evidence, then (2) third-party evidence, then (3) best estimate of selling price. We allocate total arrangement fee to each of the deliverables based on their relative stand-alone selling prices.

Shipping, handling and processing costs billed to customers are included in revenue and the related costs are included in cost of revenue at the time of shipment or rendering of service. 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.

For promotions through discount voucher websites, we recognize revenue on a gross basis, as we are the primary obligor, when redeemed items are shipped. As the vouchers do not expire, any unredeemed vouchers are recorded as deferred revenue. We recognize revenue on the portion of unredeemed vouchers when the likelihood of redemption becomes remote (referred to as "breakage") and we determine there is no legal obligation to remit the value of the unredeemed coupons to government agencies. We estimate the breakage rate based upon the pattern of historical redemptions.

Restructuring

Restructuring costs are recorded in connection with initiatives designed to improve efficiency or enhance competitiveness. Restructuring initiatives require us to make estimates in several areas, including expenses for severance and other employee separation costs and our ability to generate sublease income to enable us to terminate lease obligations at the estimated amounts. One-time termination benefits are expensed at the date we notify the employee, unless the employee must provide future service beyond the statutory minimum retention period, in which case the benefits are expensed ratably over the future service period. Liabilities for costs associated with a facility exit or disposal activity are recognized when the liability is incurred, as opposed to when management commits to an exit plan, and are measured at fair value. Restructuring costs are presented as a separate financial statement line within our consolidated statement of operations.

Advertising Expense

Our advertising costs are primarily expensed as incurred and included in marketing and selling expense. We capitalize direct response advertising, which consists of customized product sample mailings, and amortize over the expected future revenue stream. Amortization of capitalized advertising costs is determined using historical revenue data. The capitalized costs of direct response advertising are amortized, commencing with the date the product samples are mailed. Capitalized direct response advertising costs included in prepaid expenses and other current assets as of June 30, 2017 was $4,861. These capitalized costs relate to direct response marketing initiatives of our National Pen business. No costs were capitalized in the prior comparative period, as National Pen was acquired in fiscal 2017. Advertising expense for the years ended June 30, 2017, 2016 and 2015 was $363,936, $305,701, and $286,132, 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, 2017, 2016 and 2015 was $51,811, $35,449, and $30,849, 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 calculate our income taxes in each of the jurisdictions in which we operate. This process involves estimating our current tax expense and deferred tax expense based on 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 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 as 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 accumulated other comprehensive 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 income, net in our consolidated statements of operations.

Other income, net

The following table summarizes the components of other income, net:



	Year Ended June 30,
	2017		2016		2015
Gains on derivatives not designated as hedging instruments (1)	$	936	$	14,026	$	9,317
Currency-related gains, net (2)	5,577		6,864		10,245
Other gains (3)	3,849		5,208		572
Total other income, net	$	10,362	$	26,098	$	20,134

_____________________

(1) Primarily relates to both realized and unrealized gains on derivative currency forward and option contracts not designated as hedging instruments.

(2) We have significant non-functional currency intercompany financing relationships subject to currency exchange rate volatility and the net currency-related gains for the years ended June 30, 2017, 2016 and 2015 are primarily driven by this intercompany activity. In addition, we have certain cross-currency swaps designated as cash flow hedges, which hedge against the remeasurement of certain intercompany loans, both presented in the same component above. Includes unrealized losses of $3,737 and $1,991 for the years ended June 30, 2017 and 2016, respectively, related to cross currency swaps designated as cash-flow hedges. We did not have any cross currency swap activity designated as cash flow hedges during fiscal 2015.

(3) The gain recognized during the year ended June 30, 2017, primarily relates to the gain on the sale of Plaza Create Co. Ltd. available-for-sale securities of $2,268. During the year ended June 30, 2016, other gains were primarily related to insurance recoveries of $3,947.

Net (Loss) Income Per Share Attributable to Cimpress N.V.

Basic net (loss) income per share attributable to Cimpress N.V. is computed by dividing net (loss) income attributable to Cimpress N.V. by the weighted-average number of ordinary shares outstanding for the respective period. Diluted net (loss) income per share attributable to Cimpress N.V. gives effect to all potentially dilutive securities, including share options, restricted share units (“RSUs”), restricted share awards ("RSAs") and PSUs, if the effect of the securities is dilutive using the treasury stock method. Awards with performance or market conditions are included using the treasury stock method only if the conditions would have been met as of the end of the reporting period and their effect is dilutive.

The following table sets forth the reconciliation of the weighted-average number of ordinary shares:



	Year Ended June 30,
	2017	2016	2015
Weighted average shares outstanding, basic	31,291,581	31,656,234	32,644,870
Weighted average shares issuable upon exercise/vesting of outstanding share options/RSUs/RSAs (1)	—	1,393,220	1,171,628
Shares used in computing diluted net (loss) income per share attributable to Cimpress N.V.	31,291,581	33,049,454	33,816,498
Weighted average anti-dilutive shares excluded from diluted net (loss) income per share attributable to Cimpress N.V.	21,978	35,725	289,356

_____________________

(1) In the periods in which a net loss is recognized, the impact of share options, RSUs, and RSAs is not included as they are anti-dilutive.

Compensation Expense

Share-Based Compensation

Compensation expense for all share-based awards is measured at fair value on the date of grant and recognized over the requisite service period. We recognize the impact of forfeitures as they occur. The fair value of share options is determined using the Black-Scholes valuation model, or lattice model for share options with a market condition or subsidiary share options. The fair value of RSUs and RSAs is determined based on the quoted price of our ordinary shares on the date of the grant. Such value is recognized ratably as expense over the requisite service period, or on an accelerated method for awards with a performance or market condition. For awards that are ultimately settleable in cash, we treat as liability awards and mark the award to market each reporting period recognizing any gain or loss in our statements of operations. For awards with a performance condition vesting feature, compensation cost is recorded if it is probable that the performance condition will be achieved.

During the first quarter of fiscal 2017, we began granting performance share units, or PSUs, associated with our new long-term incentive program. Compensation expense for our PSUs is estimated at fair value on the date of grant, which is fixed throughout the vesting period. The fair value is determined using a Monte Carlo simulation valuation model. As the PSUs include both a service and market condition the related expense is recognized using the accelerated expense attribution method over the requisite service period for each separately vesting portion of the award. For PSUs that meet the service vesting condition, the expense recognized over the requisite service period will not be reversed if the market condition is not achieved.

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 do not have any customers that accounted for greater than 10% of our accounts receivable as of June 30, 2017 and 2016. We do not have any customers that accounted for greater than 10% of our revenue for the years ended June 30, 2017, 2016 and 2015.

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.

Waltham Lease Arrangement

In July 2013, we executed a lease agreement to move our Lexington, Massachusetts, USA operations to a then yet to be constructed facility in Waltham, Massachusetts, USA. During the first quarter of fiscal 2016, the building was completed and we commenced lease payments in September 2015 and will make lease payments through September 2026.

For accounting purposes, we were deemed to be the owner of the Waltham building during the construction period, and accordingly we recorded the construction project costs incurred by the landlord as an asset with a corresponding financing obligation on our balance sheet. We evaluated the Waltham lease in the first quarter of fiscal 2016 and determined that the transaction did not meet the criteria for "sale-leaseback" treatment due to our planned subleasing activity over the term of the lease. Accordingly, we began depreciating the asset and incurring interest expense related to the financing obligation recorded on our consolidated balance sheet. We bifurcate the lease payments pursuant to the Waltham lease into (i) a portion that is allocated to the building and (ii) a portion that is allocated to the land on which the building was constructed. The portion of the lease obligations allocated to the land is treated as an operating lease that commenced in fiscal 2014.

Property, plant and equipment, net, included $116,045 and $120,168 as of June 30, 2017 and June 30, 2016, respectively, related to the building. The financing lease obligation and deferred rent credit related to the building on our consolidated balance sheets was $119,176 and $122,801 as of June 30, 2017 and June 30, 2016, respectively.

Recently Issued or Adopted Accounting Pronouncements

New Accounting Standards Adopted

In January 2017, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update No. 2017-04, "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment," (ASU 2017-04), which changes how an entity is required to test for goodwill impairment by eliminating Step 2 from the goodwill impairment test. We are now required to compare the fair value of a reporting unit with its carrying value and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value. The new standard is effective for us on July 1, 2020. We elected to early adopt this standard effective for the third quarter of fiscal 2017. We applied the new standard when performing the goodwill impairment test discussed in Note 8.

In July 2015, the FASB issued Accounting Standards Update No. 2015-11,"Simplifying the Measurement of Inventory" (ASU 2015-11), which requires an entity to measure inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The new standard is effective for us on July 1, 2017 and will be applied prospectively as of the interim or annual period of adoption. We elected to early adopt the new standard effective for the fourth quarter of fiscal 2017. The application of the new standard did not have a material impact on our consolidated financial statements.

In August 2016, the FASB issued Accounting Standards Update No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments” (ASU 2016-15), which reduces the existing diversity in practice related to the presentation of the statement cash flows under Topic 230, Statement of Cash Flows, and other Topics. The new standard is effective for us on July 1, 2018, and early adoption is permitted. We elected to adopt this new guidance effective for the first quarter of fiscal 2017, and we have applied the changes retrospectively to all periods presented. Our prior period classification of contingent consideration payments and proceeds from the settlement of insurance aligns with the requirements of this new standard and did not require adjustments to the prior period presented.

In September 2015, the FASB issued Accounting Standards Update No. 2015-16,"Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments," (ASU 2015-16) which requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. We adopted this new standard during the first quarter of fiscal 2017. The adoption of this standard did not have a material effect on our consolidated financial statements.

In February 2015, the FASB issued Accounting Standards Update No. 2015-02,"Consolidation (Topic 810): Amendments to the Consolidation Analysis," (ASU 2015-02) which places more emphasis in the consolidation evaluation on variable interests other than fee arrangements such as principal investment risk (for example, debt or equity interests), guarantees of the value of the assets or liabilities of the variable interest entity (VIE), written put options on the assets of the VIE, or similar obligations. We adopted this new standard during the first quarter of fiscal 2017. The adoption of this standard did not have a material effect on our consolidated financial statements.

Issued Accounting Standards to be Adopted

In May 2017, the FASB issued Accounting Standards Update No. 2017-09, "Compensation - Stock Compensation (Topic 718)," (ASU 2012-09), which clarifies the application of Topic 718 when accounting for changes in the terms and conditions of a share-based payment award. The update will require an entity to account for a modification to an award unless there is no change to the fair value after modification, there is no change to the vesting conditions after modification, and the classification of the award stays the same after modification. The amendment is effective for us on July 1, 2018 and permits early adoption. The amendment is to be applied prospectively, and we currently evaluating the impact on our financial statements.

In November 2016, the FASB issued Accounting Standards Update No. 2016-18, "Statement of Cash Flows (Topic 230) Restricted Cash" (ASU 2016-18), which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendment is effective for us on July 1, 2018 and permits early adoption. This amendment will affect the presentation of our statement of cash flows once adopted, and we do not expect it to have material impact on our consolidated financial statements.

In October 2016, the FASB issued Accounting Standards Update No. 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory" (ASU 2016-16), which requires the recognition for income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The new standard is effective for us on July 1, 2018 and permits early adoption. We expect to adopt the new standard during the first quarter of fiscal 2018, and we expect the impact of the new standard will result in a reduction to prepaid and other current assets of approximately $25,000, an increase in deferred tax assets of approximately $19,000 and a cumulative-effect adjustment to retained earnings of approximately $6,000.

In March 2016, the FASB issued Accounting Standards Update No. 2016-04,"Liabilities - Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products" (ASU 2016-04), which requires an entity to recognize breakage for a liability resulting from the sale of a prepaid stored-value product in proportion to the pattern of rights expected to be exercised by the product holder only to the extent that it is probable that a significant reversal of the recognized breakage amount will not subsequently occur. The new standard is effective for us on July 1, 2018. The standard permits early adoption and should be applied either retrospectively to each period presented or by means of a cumulative adjustment to retained earnings as of the beginning of the fiscal year adopted. We do not expect the effect of ASU 2016-04 to have a material impact on our consolidated financial statements.

In March 2016, the FASB issued Accounting Standards Update No. 2016-02,"Leases (Topic 842)" (ASU 2016-02), which requires the recognition of lease assets and lease liabilities by lessees for those leases currently classified as operating lease. The standard also retains a distinction between finance leases and operating leases. The new standard is effective for us on July 1, 2019. The standard permits early adoption. We are currently evaluating our adoption timing and the effect that ASU 2016-02 will have on our consolidated financial statements.

In May 2014, the FASB issued Accounting Standards Update No. 2014-09,"Revenue from Contracts with Customers" (ASU 2014-09), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This guidance will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective beginning after December 15, 2017, which would result in an effective date for us of July 1, 2018, with early application permitted one year earlier. The standard permits the use of either the retrospective or cumulative catch-up transition method. We are currently evaluating our adoption timing and the effect that ASU 2014-09 will have on our consolidated financial statements.

Fair Value Measurements

12 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements

The following table summarizes our investments in marketable securities:



	June 30, 2016
	Amortized Cost Basis (2)		Unrealized gain		Estimated Fair Value
Available-for-sale securities
Plaza Create Co. Ltd. common shares (1)	$	4,405	$	3,488	$	7,893
Total investments in available-for-sale securities	$	4,405	$	3,488	$	7,893

________________________

(1) On December 22, 2016, we sold all available-for-sale securities held in Plaza Create Co. Ltd recognizing a gain of $2,268 as a part of other income, net, for the year ended June 30, 2017.

(2) Amortized cost basis represents our initial investment adjusted for currency translation.

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:


•	Level 1: Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.


•	Level 2: Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in markets that are not active and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.


•	Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

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 our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy:



	June 30, 2017
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets
Interest rate swap contracts	$	1,717		$	—	$	1,717		$	—
Total assets recorded at fair value	$	1,717		$	—	$	1,717		$	—

Liabilities
Interest rate swap contracts	$	(483	)	$	—	$	(483	)	$	—
Cross-currency swap contracts	(19,760		)	—		(19,760		)	—
Currency forward contracts	(14,700		)	—		(14,700		)	—
Currency option contracts	(651		)	—		(651		)	—
Contingent consideration	(5,453		)	—		—			(5,453		)
Total liabilities recorded at fair value	$	(41,047	)	$	—	$	(35,594	)	$	(5,453	)



	June 30, 2016
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets
Available-for-sale securities	$	7,893		$	7,893	$	—		$	—
Currency forward contracts	9,821			—		9,821			—
Total assets recorded at fair value	$	17,714		$	7,893	$	9,821		$	—

Liabilities
Interest rate swap contracts	$	(2,180	)	$	—	$	(2,180	)	$	—
Cross-currency swap contracts	(8,850		)	—		(8,850		)	—
Currency forward contracts	(315		)	—		(315		)	—
Contingent consideration	(1,212		)	—		—			(1,212		)
Total liabilities recorded at fair value	$	(12,557	)	$	—	$	(11,345	)	$	(1,212	)

During the years ended June 30, 2017 and 2016, there were no significant transfers in or out of Level 1, Level 2 and Level 3 classifications.

The valuations of the derivatives intended to mitigate our interest rate and currency risk are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each instrument. This analysis utilizes observable market-based inputs, including interest rate curves, interest rate volatility, or spot and forward exchange rates, and reflects the contractual terms of these instruments, including the period to maturity. We incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparties' nonperformance risk in the fair value measurements. In adjusting the fair value of our derivative contracts for the effect of nonperformance risk, we have considered the impact of netting and any applicable credit enhancements.

Although we have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to appropriately reflect both our own nonperformance risk and the respective counterparties' nonperformance risk in the fair value measurement. However, as of June 30, 2017, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we have determined that our derivative valuations in their entirety are classified in Level 2 in the fair value hierarchy.

Contingent consideration obligations are measured at fair value and are based on significant inputs not observable in the market, which represents a Level 3 measurement within the fair value hierarchy. The valuation of contingent consideration uses assumptions and estimates to forecast a range of outcomes and probabilities for the contingent consideration. Certain contingent consideration obligations are valued using a Monte Carlo simulation model. We assess these assumptions and estimates on a quarterly basis as additional data impacting the assumptions is obtained. Any changes in the fair value of contingent consideration related to updated assumptions and estimates will be recognized within general and administrative expenses in the consolidated statements of operations during the period in which the change occurs.

As part of the acquisition of WIRmachenDRUCK on February 1, 2016, we agreed to a contingent payment payable at our option in cash or shares during the third quarter of fiscal 2018 based on the achievement of a cumulative gross profit target for calendar years 2016 and 2017. The fair value of this contingent liability is $44,049 as of June 30, 2017, of which $5,453 is considered contingent consideration and included in the table below. The remaining portion of the liability is classified as a compensation arrangement and is discussed in Note 9. During the fourth quarter of fiscal 2017, we determined it was reasonably certain, based on recent performance, that the maximum earn-out would be achieved. We utilized a probability-based model assuming the maximum payment would be achieved and then discounted appropriately to derive the fair value as of June 30, 2017.

The following table represents the changes in fair value of Level 3 contingent consideration:



	Total Contingent Consideration
Balance at June 30, 2015 (1)	$	7,833
Fair value at acquisition date	1,185
Cash payments (2)	(7,819		)
Foreign currency impact	13
Balance at June 30, 2016 (1)	$	1,212
Fair value adjustment	4,030
Foreign currency impact	211
Balance at June 30, 2017 (1)	$	5,453

_____________________

(1) Classified as a current liability as of June 30, 2015, long-term liability as of June 30, 2016 and current liability as of June 30, 2017 on the consolidated balance sheet.

(2) Payments during the year ended June 30, 2016, included $7,819 for the Printdeal earn-out arrangement.

As of June 30, 2017 and June 30, 2016, the carrying amounts of our cash and cash equivalents, accounts receivables, accounts payable, and other current liabilities approximated their estimated fair values. As of June 30, 2017 and June 30, 2016 the carrying value of our debt, excluding debt issuance costs and debt discounts, was $882,578 and $685,897, respectively, and the fair value was $906,744 and $686,409, respectively. Our debt at June 30, 2017 includes variable rate debt instruments indexed to LIBOR that resets periodically and fixed rate debt instruments. The estimated fair value of our debt was determined using available market information based on recent trades or activity of debt instruments with substantially similar risks, terms and maturities, which fall within Level 2 under the fair value hierarchy. The estimated fair value of assets and liabilities disclosed above may not be representative of actual values that could have been or will be realized in the future.

- Definition

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.

+ References + Details

Derivative Financial Instruments

12 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Derivative Financial Instruments

We use derivative financial instruments, such as interest rate swap contracts, cross-currency swap contracts, and currency forward and option contracts, to manage interest rate and foreign currency exposures. Derivatives are recorded in the consolidated balance sheets at fair value. If the derivative is designated as a cash flow hedge or net investment hedge, then the effective portion of changes in the fair value of the derivative is recorded in accumulated other comprehensive loss and is subsequently reclassified into earnings in the period the hedged forecasted transaction affects earnings. If a derivative is deemed to be ineffective, then the ineffective portion of the change in fair value of the derivative is recognized directly in earnings. The change in the fair value of derivatives not designated as hedges is recognized directly in earnings, as a component of other income net.

Hedges of Interest Rate Risk

We enter into interest rate swap contracts to manage variability in the amount of our known or expected cash payments related to a portion of our debt. Our objective in using interest rate swaps is to add stability to interest expense and to manage our exposure to interest rate movements. We designate our interest rate swaps as cash flow hedges. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for us making fixed-rate payments over the life of the contract agreements without exchange of the underlying notional amount. Realized gains or losses from interest rate swaps are recorded in earnings, as a component of interest expense, net. A portion of two of our interest rate swap contracts was deemed to be ineffective during the year ended June 30, 2017 and one of our contracts was deemed to be ineffective during the prior comparative period.

Amounts reported in accumulated other comprehensive loss related to interest rate swap contracts will be reclassified to interest expense as interest payments are accrued or made on our variable-rate debt. As of June 30, 2017, we estimate that $417 will be reclassified from accumulated other comprehensive loss to interest expense during the twelve months ending June 30, 2018. As of June 30, 2017, we had five outstanding interest rate swap contracts indexed to one-month LIBOR. These instruments were designated as cash flow hedges of interest rate risk and have varying start dates and maturity dates through June 2024.



Interest rate swap contracts outstanding:	Notional Amounts
Contracts accruing interest as of June 30, 2017	$	60,000
Contracts with a future start date	140,000
Total	$	200,000

Hedges of Currency Risk

Cross-Currency Swap Contracts

From time to time, we execute cross-currency swap contracts designated as cash flow hedges or net investment hedges. Cross-currency swaps involve an initial receipt of the notional amount in the hedge currency in exchange for our reporting currency based on a contracted exchange rate. Subsequently, we receive fixed rate payments in our reporting currency in exchange for fixed rate payments in the hedged currency over the life of the contract. At maturity, the final exchange involves the receipt of our reporting currency in exchange for the notional amount in the hedged currency.

Cross-currency swap contracts designated as cash flow hedges are executed to mitigate our currency exposure to the interest receipts as well as the principal remeasurement and repayment associated with certain intercompany loans denominated in a currency other than our reporting currency, the U.S. Dollar. As of June 30, 2017, we had two outstanding cross-currency swap contracts designated as cash flow hedges with a total notional amount of $120,011, both maturing during June 2019. We entered into the two cross-currency swap contracts to hedge the risk of changes in one Euro denominated intercompany loan entered into with one of our consolidated subsidiaries that has the Euro as its functional currency.

Amounts reported in accumulated other comprehensive loss will be reclassified to other income net as interest payments are accrued or paid and upon remeasuring the intercompany loan. As of June 30, 2017, we estimate that $1,620 will be reclassified from accumulated other comprehensive loss to other income, net during the twelve months ending June 30, 2018.

Cross-currency swap contracts designated as net investment hedges are executed to mitigate our currency exposure of net investments in subsidiaries that have reporting currencies other than the U.S. Dollar. As of June 30, 2017, we had two outstanding cross-currency swap contracts designated as net investment hedges with a total notional amount of $122,969, both maturing during April 2019. We entered into the two cross-currency swap contracts to hedge the risk of changes in the U.S. Dollar equivalent value of a portion of our net investment in a consolidated subsidiary that has the Euro as its functional currency. Amounts reported in accumulated other comprehensive loss are recognized as a component of our cumulative translation adjustment.

We did not hold any ineffective cross-currency swaps during the year ended June 30, 2017 and 2016, and we did not hold any cross-currency swap contracts during the year ended June 30, 2015.

Other Currency Contracts

We execute currency forward and option contracts in order to mitigate our exposure to fluctuations in various currencies against our reporting currency, the U.S. Dollar.

As of June 30, 2017, we had six currency forward contracts designated as net investment hedges with a total notional amount of $175,262, maturing during various dates through October 2022. We entered into these contracts to hedge the risk of changes in the U.S. Dollar equivalent value of a portion of our net investment in a consolidated subsidiary that has the Euro as its functional currency. Amounts reported in accumulated other comprehensive loss are recognized as a component of our cumulative translation adjustment.

We have elected not to apply hedge accounting for all other currency forward and option contracts. During the year ended June 30, 2017, we have experienced volatility within other income net in our consolidated statements of operations from unrealized gains and losses on the mark-to-market of outstanding currency forward and option contracts. We expect this volatility to continue in future periods for contracts for which we do not apply hedge accounting. Additionally, since our hedging objectives may be targeted at non-GAAP financial metrics that exclude non-cash items such as depreciation and amortization, we may experience increased, not decreased, volatility in our GAAP results as a result of our currency hedging program.

As of June 30, 2017, we had the following outstanding currency derivative contracts that were not designated for hedge accounting and were used to hedge fluctuations in the U.S. Dollar value of forecasted transactions denominated in Australian Dollar, British Pound, Canadian Dollar, Danish Krone, Euro, Indian Rupee, Japanese Yen, Mexican Peso, New Zealand Dollar, Norwegian Krone, and Swedish Krona:



Notional Amount	Effective Date	Maturity Date	Number of Instruments	Index
$349,280	March 2016 through June 2017	Various dates through December 2018	481	Various

Financial Instrument Presentation

The table below presents the fair value of our derivative financial instruments as well as their classification on the balance sheet as of June 30, 2017 and June 30, 2016:



	June 30, 2017
	Asset Derivatives								Liability Derivatives
Derivatives designated as hedging instruments	Balance Sheet line item	Gross amounts of recognized assets		Gross amount offset in consolidated balance sheet			Net amount		Balance Sheet line item	Gross amounts of recognized liabilities			Gross amount offset in consolidated balance sheet		Net amount
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	Other non-current assets	$	2,072	$	(355	)	$	1,717	Other current liabilities / other liabilities	$	(483	)	$	—	$	(483	)
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(7,640		)	—		(7,640		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(12,120		)	—		(12,120		)
Currency forward contracts	Other non-current assets	—		—			—		Other liabilities	(9,896		)	—		(9,896		)
Total derivatives designated as hedging instruments		$	2,072	$	(355	)	$	1,717		$	(30,139	)	$	—	$	(30,139	)

Derivatives not designated as hedging instruments
Currency forward contracts	Other current assets / other assets	$	—	$	—		$	—	Other current liabilities / other liabilities	$	(8,033	)	$	3,229	$	(4,804	)
Currency option contracts	Other current assets / other assets	—		—			—		Other current liabilities / other liabilities	(651		)	—		(651		)
Total derivatives not designated as hedging instruments		$	—	$	—		$	—		$	(8,684	)	$	3,229	$	(5,455	)



	June 30, 2016
	Asset Derivatives								Liability Derivatives
Derivatives designated as hedging instruments	Balance Sheet line item	Gross amounts of recognized assets		Gross amount offset in consolidated balance sheet			Net amount		Balance Sheet line item	Gross amounts of recognized liabilities			Gross amount offset in consolidated balance sheet		Net amount
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	Other non-current assets	$	—	$	—		$	—	Other current liabilities / other liabilities	$	(2,180	)	$	—	$	(2,180	)
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(2,080		)	—		(2,080		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(6,770		)	—		(6,770		)
Currency forward contracts	Other non-current assets	—		—			—		Other liabilities	(165		)	—		(165		)
Total derivatives designated as hedging instruments		$	—	$	—		$	—		$	(11,195	)	$	—	$	(11,195	)

Derivatives not designated as hedging instruments
Currency forward contracts	Other current assets	$	10,748	$	(927	)	$	9,821	Other current liabilities	$	(508	)	$	358	$	(150	)
Total derivatives not designated as hedging instruments		$	10,748	$	(927	)	$	9,821		$	(508	)	$	358	$	(150	)

The following table presents the effect of our derivative financial instruments designated as hedging instruments and their classification within comprehensive loss for the years ended June 30, 2017, 2016 and 2015:



Derivatives in Hedging Relationships	Amount of Gain (Loss) Recognized in Comprehensive (Loss) Income on Derivatives (Effective Portion)
	Year Ended June 30,
In thousands	2017			2016			2015
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	$	2,287		$	(1,736	)	$	(1,417	)
Cross-currency swaps	(3,584		)	(769		)	(7,779		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	(3,721		)	2,951			—
Currency forward contracts	(8,362		)	(81		)	—
	$	(13,380	)	$	365		$	(9,196	)

The following table presents reclassifications out of accumulated other comprehensive loss for the years ended June 30, 2017, 2016 and 2015:



Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss to Net (loss) Income									Affected line item in the Statement of Operations
	Year Ended June 30,
In thousands	2017			2016			2015
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	$	(205	)	$	(947	)	$	(1,087	)	Interest expense, net
Cross-currency swaps	(1,621		)	(1,171		)	—			Other income, net
Total before income tax	(1,826		)	(2,118		)	(1,087		)	(Loss) income before income taxes
Income tax	457			531			272			Income tax (benefit) provision
Total	$	(1,369	)	$	(1,587	)	$	(815	)

The following table presents the adjustment to fair value recorded within the consolidated statements of operations for derivative instruments for which we did not elect hedge accounting, as well as the effect of the ineffective portion and de-designated derivative financial instruments that no longer qualify as hedging instruments in the period:



	Amount of Gain (Loss) Recognized in Net (loss) Income								Location of Gain (Loss) Recognized in Income (Ineffective Portion)
	Year Ended June 30,
In thousands	2017		2016			2015
Derivatives not designated as hedging instruments
Currency contracts	$	663	$	14,037		$	9,370		Other income, net
Interest rate swaps	273		(11		)	(53		)	Other income, net
	$	936	$	14,026		$	9,317

Accumulated Other Comprehensive Income

12 Months Ended

Jun. 30, 2017

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Loss

The following table presents a roll forward of amounts recognized in accumulated other comprehensive loss by component, net of tax of $(710), $293, and $195 for the years ended June 30, 2017, 2016 and 2015:



	Gains (losses) on cash flow hedges (1)			Gains (losses) on available for sale securities			Gains (losses) on pension benefit obligation			Translation adjustments, net of hedges (2)			Total
Balance as of June 30, 2014	$	(803	)	$	9,246		$	(2,724	)	$	(3,606	)	$	2,113
Other comprehensive (loss) income before reclassifications	(1,417		)	(6,275		)	(388		)	(93,757		)	(101,837		)
Amounts reclassified from accumulated other comprehensive (loss) income to net income	815			—			—			—			815
Net current period other comprehensive (loss) income	(602		)	(6,275		)	(388		)	(93,757		)	(101,022		)
Balance as of June 30, 2015	(1,405		)	2,971			(3,112		)	(97,363		)	(98,909		)
Other comprehensive income (loss) before reclassifications	(2,504		)	517			561			(9,267		)	(10,693		)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income	1,587			—			—			—			1,587
Net current period other comprehensive income (loss)	(917		)	517			561			(9,267		)	(9,106		)
Balance as of June 30, 2016	(2,322		)	3,488			(2,551		)	(106,630		)	(108,015		)
Other comprehensive income (loss) before reclassifications	(1,297		)	(5,756		)	2,194			(4,161		)	(9,020		)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income	1,369			2,268			—			—			3,637
Net current period other comprehensive income (loss)	72			(3,488		)	2,194			(4,161		)	(5,383		)
Balance as of June 30, 2017	$	(2,250	)	$	—		$	(357	)	$	(110,791	)	$	(113,398	)

________________________

(1) Gains (losses) on cash flow hedges include our interest rates swap and cross-currency swap contracts designated in cash flow hedging relationships.

(2) As of June 30, 2017, 2016 and 2015, the translation adjustment is inclusive of the effects of our net investment hedges, of which, unrealized losses of $17,048, $4,965 and $7,779, respectively, net of tax, have been included in accumulated other comprehensive loss.

Property, Plant and Equipment, Net

12 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property, Plant, and Equipment, Net

Property, plant, and equipment, net consists of the following:



		June 30,
	Estimated useful lives	2017			2016
Land improvements	10 years	$	2,235		$	2,137
Building and building improvements	10 - 35 years	319,822			300,558
Machinery and production equipment	4 - 10 years	274,813			270,835
Machinery and production equipment under capital lease	4 - 10 years	54,673			46,498
Computer software and equipment	3 - 5 years	165,812			148,853
Furniture, fixtures and office equipment	5 - 7 years	41,612			25,574
Leasehold improvements	Shorter of lease term or expected life of the asset	51,582			40,203
Construction in progress		12,240			5,910
		922,789			840,568
Less accumulated depreciation, inclusive of assets under capital lease		(443,273		)	(379,077		)
		479,516			461,491
Land		32,431			31,672
Property, plant, and equipment, net		$	511,947		$	493,163

Depreciation expense, inclusive of assets under capital leases, totaled $87,145, $76,435, and $62,970 for the years ended June 30, 2017, 2016 and 2015, respectively.

Business Combinations

12 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

Business Combinations

Fiscal 2017 acquisition

Acquisition of National Pen Co. LLC

On December 30, 2016, we acquired 100% of the equity interests of National Pen Co. LLC, a manufacturer and marketer of custom writing instruments for small- and medium-sized businesses. At closing, we paid $214,573 in cash, subject to post closing adjustments based on acquired cash, debt and working capital balances. During the third quarter of fiscal 2017, we finalized and received payment for the post closing adjustment, which reduced the purchase price by $1,941. The acquisition supports our strategy to build competitively differentiated supply chain capabilities that we can make available via our mass customization platform, which we bring to market through a portfolio of focused brands. We expect National Pen will also complement our organic investments in technology and supply chain capabilities for promotional products, apparel and gift offerings.

The table below details the consideration transferred to acquire National Pen:

The excess purchase price over the fair value of National Pen's net assets was recorded as goodwill, which is primarily attributable to the value of its workforce, its manufacturing and marketing process and know-how, as well as synergies which include leveraging National Pen's scale-based sourcing channels, integrating into our mass customization platform, and supporting the development of its e-commerce platform. We attributed $34,520 of goodwill to the National Pen reportable segment, and allocated $23,200 of goodwill to the Vistaprint segment for certain synergies that are expected to be realized by the Vistaprint segment as a result of the acquisition. The amount of goodwill that is deductible for tax purposes is approximately $19,000.

The fair value of the assets acquired and liabilities assumed was:



	Amount			Weighted Average Useful Life in Years
Tangible assets acquired and liabilities assumed (1):
Cash and cash equivalents	$	8,337		n/a
Accounts receivable, net	20,921			n/a
Inventory	19,854			n/a
Other current assets	11,281			n/a
Property, plant and equipment, net	29,472			n/a
Other non-current assets	1,270			n/a
Accounts payable	(12,590		)	n/a
Accrued expenses	(17,805		)	n/a
Other current liabilities	(908		)	n/a
Deferred tax liabilities (2)	(3,255		)	n/a
Long-term liabilities	(9,665		)	n/a
Identifiable intangible assets:
Developed Technology	19,000			6
Trade Name	33,000			11
Customer Relationships	56,000			7
Goodwill (2)	57,720			n/a
Total purchase price	$	212,632

(1) National Pen has materially impacted our working capital balances post-acquisition, resulting in increased accounts receivable, inventory, accounts payable and accrued expenses balances in our consolidated balance sheet.

(2) During the fourth quarter of fiscal 2017 we recorded adjustments, which resulted in a measurement period adjustment of $13,770 between deferred tax liabilities and goodwill.

National Pen Pro Forma Financial Information

National Pen has been included in our consolidated financial statements starting on its acquisition date. The following unaudited pro forma financial information presents our results as if the National Pen acquisition had occurred on July 1, 2015. The pro forma financial information for all periods presented adjusts for the effects of material business combination items, including estimated amortization of acquired intangible assets and transaction related costs. The unaudited pro forma results are not necessarily indicative of what actually would have occurred had the acquisition been in effect for the periods presented as the pre-acquisition results include revenue and profit related to certain operations that are no longer active:



	Year Ended June 30,
	2017			2016
Pro forma revenue	$	2,294,347		$	2,060,426
Pro forma net (loss) income attributable to Cimpress N.V.	(71,084		)	41,370

We utilized proceeds from our credit facility in order to finance the acquisition. In connection with the acquisition, we incurred $2,005 in general and administrative expenses during the year ended June 30, 2017, primarily related to legal, financial, and other professional services.

Fiscal 2016 acquisitions

Acquisition of WIRmachenDRUCK GmbH

On February 1, 2016, we acquired 100% of the outstanding shares of WIRmachenDRUCK GmbH, a web-to-print business focused primarily on the German market. At closing, we paid €138,383 ($150,128 based on the exchange rate as of the date of acquisition) in cash and transferred €8,121 ($8,810 based on the exchange rate as of the date of acquisition) in ordinary shares of Cimpress N.V. We paid €1,850 in cash ($2,082 based on the exchange rate on the date of payment) during the fourth quarter of fiscal 2016 as a post-closing adjustment based on WIRmachenDRUCK's net cash and working capital position as of the acquisition date.

In addition, we agreed to a sliding scale earn-out of up to €40,000 ($43,395 based on the exchange rate as of the date of acquisition) based on the achievement of a cumulative gross profit target for calendar years 2016 and 2017 and is payable at our option in cash or ordinary shares. Refer to Note 9 for additional discussion relating to the earn-out arrangement.

The acquisition supports our strategy to invest in and build customer-focused entrepreneurial, mass customization businesses for the long-term, which we manage in a decentralized and autonomous manner and complements similar previous investments in Europe. WIRmachenDRUCK brings internet-based capabilities that aggregate and route large numbers of small orders to a network of specialized production partners. Their outsourced supply chain model allows them to compete across a vast selection of product types, formats, sizes, finishing options and delivery choices.

Our consolidated financial statements include WIRmachenDRUCK from February 1, 2016, the date of acquisition. WIRmachenDRUCK's revenue included in our consolidated revenues for the year ended June 30, 2016 was $72,620. WIRmachenDRUCK's net income included in our consolidated net income attributable to Cimpress N.V. for the year ended June 30, 2016 was $3,420, inclusive of amortization of identifiable intangible assets but exclusive of earn-out related compensation expense and corporate level interest expense.

The table below details the consideration transferred to acquire WIRmachenDRUCK:



Cash consideration	$	152,100
Cimpress N.V. shares transferred	8,810
Fair value of contingent consideration	1,185
Total consideration	$	162,095

The excess of the purchase price paid over the fair value of WIRmachenDRUCK's net assets was recorded as goodwill, which is primarily attributed to expected expansion of the customer base and value of the workforce of WIRmachenDRUCK. Goodwill is not expected to be deductible for tax purposes, and has been attributed to our Upload and Print reportable segment. The fair value of the assets acquired and liabilities assumed was:



	Amount			Weighted Average Useful Life in Years
Tangible assets acquired and liabilities assumed
Cash and cash equivalents	$	15,220		n/a
Other current assets	5,231			n/a
Other non-current assets	1,259			n/a
Accounts payable and other current liabilities	(17,566		)	n/a
Deferred tax liability	(26,863		)	n/a
Identifiable intangible assets:
Customer relationships	24,952			7
Trade name	24,952			15
Print network	23,867			9
Referral network	10,849			7
Developed technology	8,679			3
Goodwill	91,515			n/a
Total purchase price	$	162,095

Other fiscal 2016 acquisitions

During the first quarter of fiscal 2016, we acquired two businesses that were not material to our results either individually or in the aggregate. Complementing our Upload and Print segment, we acquired all of the outstanding capital stock of Tradeprint Distribution Limited (formerly known as Fairprint Distribution Limited) and Litotipografia Alcione S.r.l. on July 31, 2015 and July 29, 2015, respectively. The aggregate consideration for these two acquisitions was $25,547, net of cash acquired. The consideration was allocated to the fair value of the assets acquired and liabilities assumed based on estimated fair values as of the respective acquisition dates. The aggregate allocation to goodwill, intangible assets, and net tangible assets was $9,571, $14,359 and $1,617, respectively. During the third quarter of fiscal 2017 we recognized a charge for the full impairment of goodwill and a portion of the intangible assets related to the Tradeprint reporting unit. Refer to our discussion in Note 8 for additional details of the impairment loss.

Goodwill is calculated as the excess of the consideration over the fair value of the net assets, including intangible assets, and is primarily related to expected synergies from the transactions. The goodwill for these two acquisitions is not deductible for tax purposes, and has been attributed to our Upload and Print reportable segment. The results of these acquisitions have been included in the consolidated financial statements from the date of purchase and were not material for the year ended June 30, 2016.

We utilized proceeds from our credit facility to finance our fiscal 2016 acquisitions. In connection with these acquisitions, we incurred transaction costs related to investment banking, legal, financial, and other professional services of $1,289 during the year ended June 30, 2016. We have not presented pro forma results of the operations of the companies we acquired in fiscal 2016 because the effects of the acquired companies are not material to our consolidated financial statements.

Fiscal 2015 acquisitions

Acquisition of Exagroup SAS

On April 15, 2015, we acquired 70% of the shares of Exagroup SAS, a French simplified joint stock company, for a purchase price of €91,305 ($97,012 based on the exchange rate as of the date of acquisition), plus the post-closing adjustment of €4,575 ($4,862 based on the exchange rate as of the date of payment) based on Exagroup's working capital and debt, of which €3,261 ($3,678 based on the exchange rate on the payment date) was paid during fiscal 2016 and the remaining €1,314 is expected to be paid in fiscal 2019. All shareholders of Exagroup sold the entirety of their Exagroup holdings, with the exception of Nicolas Dematté and Marise Dematté (the “Remaining Shareholders”), who each retained a 15% ownership interest in Exagroup. We utilized proceeds from our credit facility to finance the acquisition. The acquisition supports our strategy to invest in and build customer-focused entrepreneurial, mass customization businesses for the long-term, which we manage in a decentralized and autonomous manner and complements similar previous investments in Europe.

Our consolidated financial statements include Exagroup from April 15, 2015, the date of acquisition. Exagroup's revenue included in our consolidated revenues for the year ended June 30, 2015 was $18,155. Exagroup's net income included in our consolidated net income attributable to Cimpress N.V. for the year ended June 30, 2015 was $563, inclusive of amortization of identifiable intangible assets.

Noncontrolling Interest

At the closing, we entered into reciprocal put and call options with the Remaining Shareholders with respect to the 30% of Exagroup shares held by the Remaining Shareholders, pursuant to which each of the Remaining Shareholders has the right to put his or her Exagroup shares to us for a period of 30 days beginning on April 15, 2019. If one or both of the Remaining Shareholders does not exercise his or her put option, then we have the right to exercise our call option on such Remaining Shareholder's Exagroup shares for a period of 30 days beginning on January 10, 2020. If the put or call options are exercised, the aggregate purchase and sale price for such shares will be €39,000. We may pay an additional contingent payment that is dependent on Exagroup’s achievement of certain revenue targets for calendar year 2017, as well as the continued employment of the Remaining Shareholders. This potential additional payment is contingent upon the Remaining Shareholders' post-acquisition employment and is recognized as compensation expense over the vesting period (through December 31, 2017). The maximum remaining contingent payment is €4,000 as one of the Remaining Shareholders ceased to be an employee. We estimate the value of the potential payment based on the achievement targets to be zero as of June 30, 2017.

The table below details the consideration transferred to acquire Exagroup:



Cash paid	$	97,012
Working capital and debt adjustment	4,832
Total consideration	$	101,844

The excess of the purchase price paid over the fair value of Exagroup's net assets was recorded as goodwill, which is primarily attributable to cost synergies expected from manufacturing and tax efficiency opportunities, as well as the value of the workforce of Exagroup. Goodwill is not deductible for tax purposes, and has been attributed to our Upload and Print reportable segment. The fair value of the assets acquired and liabilities assumed was:



				Weighted Average
	Amount			Useful Life in Years
Tangible assets acquired and liabilities assumed:
Cash and cash equivalents	$	18,991		n/a
Other current assets (1)	14,318			n/a
Non-current assets	18,711			n/a
Accounts payable and other current liabilities	(21,008		)	n/a
Deferred tax liability	(21,655		)	n/a
Other long term liabilities	(9,966		)	n/a
Identifiable intangible assets:
Customer relationships	35,434			7-9
Trade name	11,900			10-14
Developed technology	9,669			3
Noncontrolling interest	(43,354		)
Goodwill (2)	88,804			n/a
Total purchase price	$	101,844

__________________

(1) Includes real estate assets classified as held for sale of $1,971.

(2) Refer to Note 8 for discussion of the goodwill impairment loss recognized for the Exagroup reporting unit during the year ended June 30, 2016 of $30,841.

Other fiscal 2015 acquisitions

During fiscal 2015, we acquired three businesses that were not material to our results either individually or in the aggregate. Two of the businesses complement our Upload and Print segment: FL Print SAS (which we refer to as Easyflyer) and druck.at Druck-und Handelsgesellschäft mbH (which we refer to as druck.at), acquired on April 9, 2015 and April 17, 2015, respectively. The third, FotoKnudsen AS, acquired on July 31, 2014, expands our photo product offerings to the Norwegian market. The aggregate consideration for these three acquisitions was $45,935. The aggregate allocation to goodwill, intangible assets, and net tangible assets was $19,224, $5,174 and $21,537, respectively. The FotoKnudsen AS business has been included as part of the expected sale of our Albumprinter business. Refer to Note 2 for additional details.

Goodwill for each of these acquisitions is not deductible for tax purposes. Easyflyer and druck.at have been attributed to our Upload and Print reportable segment and FotoKnudsen AS has been attributed to our All Other Businesses reportable segment. The revenue and earnings included in our consolidated financial statements for the year ended June 30, 2015 were not material. We utilized proceeds from various debt sources to finance our fiscal 2015 acquisitions. In connection with these acquisitions, we incurred transaction costs related to investment banking, legal, financial, and other professional services of $2,576 which were recorded during the year ended June 30, 2015 in general and administrative expenses. Pro forma results of the operations have not been presented because the effects of the fiscal 2015 acquisitions were not material to the consolidated financial statements.

Goodwill and Acquired Intangible Assets

12 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

Goodwill

The carrying amount of goodwill by reportable segment as of June 30, 2017 and 2016 is as follows:



	Vistaprint			Upload and Print			National Pen			All Other Businesses			Total
Balance as of June 30, 2015	$	124,636		$	250,487		$	—		$	25,506		$	400,629
Acquisitions (1)	—			101,379			—			—			101,379
Impairments (2)	—			(30,841		)	—			—			(30,841		)
Adjustments	—			(720		)	—			—			(720		)
Effect of currency translation adjustments (5)	(2,884		)	(932		)	—			(626		)	(4,442		)
Balance as of June 30, 2016	$	121,752		$	319,373		$	—		$	24,880		$	466,005
Acquisitions (1)	—			—			57,720			—			57,720
Impairments (2)	—			(6,345		)	—			—			(6,345		)
Adjustments (3)(4)	23,200			(228		)	(23,200		)	(13,540		)	(13,768		)
Effect of currency translation adjustments (5)	2,255			9,005			—			91			11,351
Balance as of June 30, 2017	$	147,207		$	321,805		$	34,520		$	11,431		$	514,963

_________________

(1) Refer to Note 7 for additional details related to our acquisitions.

(2) During fiscal 2017 and 2016 we recorded impairment charges of $6,345 and $30,841, respectively, related to our Tradeprint and Exagroup reporting units. See below for additional details.

(3) We allocated $23,200 of goodwill to the Vistaprint segment for certain synergies that are expected to be realized by the Vistaprint segment as a result of the National Pen acquisition. Refer to Note 7 for additional details.

(4) As of June 30, 2017, our Albumprinter business, part of our All Other Businesses reportable segment, has been reclassified as held for sale on the consolidated balance sheet. Refer to Note 2 for additional details.

(5) Relates to goodwill held by subsidiaries whose functional currency is not the U.S. Dollar.

Impairment Review

Fiscal 2017

Our annual goodwill impairment test is performed as of May 31; however, during the third quarter fiscal 2017, we had a change in the composition of our Tradeprint reporting unit (a part of our Upload and Print reportable segment). This change, when combined with an updated profit outlook that was lower than originally forecasted as of the acquisition date, indicated that it was more likely than not that the fair value of the reporting unit is below the carrying amount.

As required, prior to performing the quantitative goodwill impairment test, we first evaluated the recoverability of the Tradeprint long-lived assets as the change in expected long-term cash flows is indicative of a potential impairment. We performed the recoverability test using undiscounted cash flows for our Tradeprint asset group and concluded that an impairment of long-lived assets existed. We proceeded to estimate the fair value the assets, using an income and cost approach based on market participant assumptions and recognized a partial impairment charge for our acquired intangible assets of $3,211.

Subsequent to performing the long-lived asset impairment test, we performed our goodwill impairment test which resulted in an additional impairment charge of the total goodwill of the Tradeprint reporting unit of $6,345. In order to execute the quantitative goodwill impairment test, we compared the fair value of the Tradeprint reporting unit to its carrying value. We used the income approach, specifically the discounted cash flow method, to derive the fair value. This approach calculates fair value by estimating the after-tax cash flows attributable to a reporting unit and then discounting the after-tax cash flows to a present value using a risk-adjusted discount rate. We selected this method as being the most meaningful in preparing our goodwill assessment as we believe the income approach most appropriately measures our income producing assets. We considered using the market approach but concluded it was not appropriate in valuing this particular reporting unit given the lack of relevant market comparisons available for application of the market approach. The cash flow projections in the Tradeprint fair value analysis are based on management's estimates of revenue growth rates and operating margins, taking into consideration historical results, as well as industry and market conditions. The discount rate is based on a weighted average cost of capital (“WACC”), which represents the average rate a business must pay its providers of debt and equity, plus a risk premium. The WACC of 11.5% used to test the Tradeprint goodwill was derived from a group of comparable companies.

Fiscal 2016

During the third quarter of fiscal 2016, we concluded that the goodwill of our Exagroup reporting unit, part of our Upload and Print reportable segment, was not fully recoverable as the reporting unit was forecasting lower projected revenue and profitability levels than originally estimated as of the acquisition date. The carrying amount of the goodwill as of January 1, 2016 was compared to the implied fair value of the goodwill, resulting in a partial impairment loss of $30,841 during the third quarter of fiscal 2016. A portion of the impairment loss was attributed to the noncontrolling interest based on its third-party shareholders' 30% ownership interest.

Our goodwill analysis requires significant judgment, including the identification of reporting units and the amount and timing of expected future cash flows. While we believe our assumptions are reasonable, actual results could differ from our projections. There have been no indications of impairment that would require analysis for any of our other reporting units as of June 30, 2017 or 2016.

Acquired Intangible Assets



	June 30, 2017							June 30, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trade name	$	97,728	$	(14,839	)	$	82,889	$	72,806	$	(13,391	)	$	59,415
Developed technology	55,423		(28,943		)	26,480		44,694		(25,490		)	19,204
Customer relationships	179,715		(44,475		)	135,240		146,506		(43,525		)	102,981
Customer network and other	16,291		(6,185		)	10,106		15,974		(3,896		)	12,078
Print network	25,171		(3,962		)	21,209		24,423		(1,131		)	23,292
Total intangible assets	$	374,328	$	(98,404	)	$	275,924	$	304,403	$	(87,433	)	$	216,970

Acquired intangible assets amortization expense for the years ended June 30, 2017, 2016 and 2015 was $46,145, $40,563, and $24,263, respectively. The increase in acquired intangible asset amortization is primarily related to our fiscal 2017 acquisition of National Pen and our fiscal 2016 acquisition of WIRmachenDRUCK. Estimated intangible assets amortization expense for each of the five succeeding fiscal years is as follows:



2018	$	48,340
2019	42,126
2020	37,630
2021	37,525
2022	35,996
	$	201,617

- 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.

+ References + Details

Other Balance Sheet Components

12 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Accrued Expenses

Other Balance Sheet Components

Accrued expenses included the following:



	June 30, 2017		June 30, 2016
Compensation costs	$	54,487	$	59,207
Income and indirect taxes	34,469		39,802
Advertising costs	26,641		26,372
Interest payable	5,263		5,172
Shipping costs	6,651		6,843
Production costs	7,472		3,251
Sales returns	4,474		2,882
Purchases of property, plant and equipment	3,786		4,614
Professional costs	3,021		1,543
Other	29,303		29,301
Total accrued expenses (1)	$	175,567	$	178,987

_____________________

(1) Accrued expenses was impacted by our acquisition of National Pen, resulting in an additional $15,040 of accruals as of June 30, 2017, which are included in each of the respective categories within the table.

Other current liabilities included the following:



	June 30, 2017		June 30, 2016
Contingent earn-out liability (2)	$	44,049	$	—
Current portion of lease financing obligation	12,569		12,569
Current portion of capital lease obligations	11,573		8,011
Short-term derivative liabilities	7,243		1,681
Mandatorily redeemable noncontrolling interest (3)	901		—
Other	2,100		374
Total other current liabilities	$	78,435	$	22,635

Other liabilities included the following:



	June 30, 2017		June 30, 2016
Contingent earn-out liability (2)	$	—	$	3,146
Long-term capital lease obligations	28,306		21,318
Long-term derivative liabilities	31,936		10,949
Mandatorily redeemable noncontrolling interest (3)	2,456		—
Other (4)	31,985		24,760
Total other liabilities (5)	$	94,683	$	60,173

_____________________

(2) During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.

(3) Relates to the mandatorily redeemable noncontrolling interest of Printi LLC. Refer to Note 15 for additional details.

(4) Other liabilities includes $8,713 related to share-based compensation awards associated with our investment in Printi LLC. Refer to Note 15 for additional details.

(5) Total other liabilities was impacted by our acquisition of National Pen, resulting in an additional $8,506 of other liabilities as of June 30, 2017, primarily relating to capital lease obligations, which are included in each of the respective categories within the table.

Contingent earn-out liability

Under the original terms of the WIRmachenDRUCK earn-out arrangement, a portion of the earn-out attributed to the minority selling shareholders was included as a component of purchase consideration as of the acquisition date, with any subsequent changes to fair value recognized within general and administrative expense. This earn-out is calculated on a sliding scale, based on the achievement of cumulative gross profit against a predetermined target. The maximum payout is €40,000 and can be paid at our option in cash or ordinary shares.

The remaining portion of the amount payable to the two majority selling shareholders in the WIRmachenDRUCK acquisition was not included as part of the purchase consideration as of the acquisition date as it was contingent upon their post-acquisition employment and planned to be recognized as expense through the required employment period. During the first quarter of fiscal 2017, in response to a statutory tax notice we amended the terms of the compensation portion of the arrangement with the two majority selling shareholders and we removed the post-acquisition employment requirement. As the arrangement was no longer contingent upon continued employment, we accelerated the recognition of the remaining unrecognized compensation expense.

In addition, the estimated fair value of the contingent liability payable to all selling shareholders in the WIRmachenDRUCK acquisition increased, due to the recent business performance relative to performance targets and the time value impact within the Monte Carlo simulation model. During the fourth quarter of fiscal 2017, we determined it was reasonably certain, based on recent performance, that the maximum earn-out would be achieved. We utilized a probability-based model assuming the maximum payment would be achieved and then discounted appropriately to derive the fair value as of June 30, 2017. We recognized $32,550 and $1,961 of expense during the years ended June 30, 2017 and 2016, respectively, as part of general and administrative expense. As of June 30, 2017, the total liability is $44,049, of which $38,596 relates to the majority shareholders and $5,453 relates to the minority shareholders, which is further discussed in Note 3.

Debt

12 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Long-Term Debt

Debt



	June 30, 2017			June 30, 2016
Senior secured credit facility	$	600,037		$	400,809
7.0% Senior unsecured notes due 2022	275,000			275,000
Other	7,541			10,088
Debt issuance costs and debt discounts	(5,922		)	(7,386		)
Total debt outstanding, net	876,656			678,511
Less short-term debt (1)	28,926			21,717
Long-term debt	$	847,730		$	656,794

_____________________

(1) Balances as of June 30, 2017 and June 30, 2016 are both inclusive of short-term debt issuance costs and debt discounts of $1,693 in both periods.

Our Debt

Our various debt arrangements described below contain customary representations, warranties and events of default. As of June 30, 2017, we were in compliance with all financial and other covenants related to our debt.

Senior Secured Credit Facility

As of June 30, 2017, we had a senior secured credit facility of $814,000 as follows:


•	Revolving loans of $690,000 with a maturity date of September 23, 2019


•	Term loan of $124,000 amortizing over the loan period, with a final maturity date of September 23, 2019

Under the terms of our credit agreement, borrowings bear interest at a variable rate of interest based on LIBOR plus 1.50% to 2.25% depending on our leverage ratio, which is the ratio of our consolidated total indebtedness to our consolidated EBITDA, as defined by the credit agreement. As of June 30, 2017, the weighted-average interest rate on outstanding borrowings was 3.56%, inclusive of interest rate swap rates. We are also required to pay a commitment fee on unused balances of 0.225% to 0.400% depending on our leverage ratio. We have pledged the assets and/or share capital of several of our subsidiaries as collateral for our outstanding debt as of June 30, 2017.

On July 13, 2017, we executed an amendment to our senior secured credit facility, and we expanded the total capacity to $1,045,000, which includes $745,000 of revolving loans and $300,000 of term loans. The amendment also extended the maturity date of the senior secured credit facility to July 13, 2022.

Indenture and Senior Unsecured Notes due 2022

On March 24, 2015, we completed a private placement of $275,000 in aggregate principal amount of 7.0% senior unsecured notes due 2022 (the “Notes”). We issued the Notes pursuant to a senior notes indenture dated as of March 24, 2015 among Cimpress N.V., our subsidiary guarantors, and MUFG Union Bank, N.A., as trustee (the "Indenture"). We used the proceeds from the Notes to pay outstanding indebtedness under our unsecured line of credit and our senior secured credit facility and for general corporate purposes.

The Notes bear interest at a rate of 7.0% per annum and mature on April 1, 2022. Interest on the Notes is payable semi-annually on April 1 and October 1 of each year, commencing on October 1, 2015, to the holders of record of the Notes at the close of business on March 15 and September 15, respectively, preceding such interest payment date.

The Notes are senior unsecured obligations and rank equally in right of payment to all our existing and future senior unsecured debt and senior in right of payment to all of our existing and future subordinated debt. The Notes are effectively subordinated to any of our existing and future secured debt to the extent of the value of the assets securing such debt. Subject to certain exceptions, each of our existing and future subsidiaries that is a borrower under or guarantees our senior secured credit facilities will guarantee the Notes.

The Indenture contains various covenants, including covenants that, subject to certain exceptions, limit our and our restricted subsidiaries’ ability to incur and/or guarantee additional debt; pay dividends, repurchase shares or make certain other restricted payments; enter into agreements limiting dividends and certain other restricted payments; prepay, redeem or repurchase subordinated debt; grant liens on assets; enter into sale and leaseback transactions; merge, consolidate or transfer or dispose of substantially all of our consolidated assets; sell, transfer or otherwise dispose of property and assets; and engage in transactions with affiliates.

At any time prior to April 1, 2018, we may redeem some or all of the Notes at a redemption price equal to 100% of the principal amount redeemed, plus a make-whole amount as set forth in the Indenture, plus, in each case, accrued and unpaid interest to, but not including, the redemption date. In addition, at any time prior to April 1, 2018, we may redeem up to 35% of the aggregate outstanding principal amount of the Notes at a redemption price equal to 107% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the redemption date, with the net proceeds of certain equity offerings by Cimpress. At any time on or after April 1, 2018, we may redeem some or all of the Notes at the redemption prices specified in the Indenture, plus accrued and unpaid interest to, but not including, the redemption date.

Other debt

Other debt consists of term loans acquired primarily as part of our fiscal 2015 acquisition of Exagroup SAS. As of June 30, 2017 we had $7,541 outstanding for those obligations that are payable through September 2024.

Employees' Savings Plan	12 Months Ended
Employees' Savings Plan	Jun. 30, 2017
Retirement Benefits [Abstract]
Compensation and Employee Benefit Plans [Text Block]	Employees’ Savings Plans Defined contribution plans 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 4 years. We expensed $11,691, $9,073 and $8,619 for our government mandated and defined contribution plans in the years ended June 30, 2017, 2016 and 2015, respectively. Our expenses from these plans have increased during the year ended June 30, 2017 due to increased headcount, as well as the full year impact of our business acquisitions during the prior period. Defined benefit plan We currently have a defined benefit plan that covers substantially all of our employees in Switzerland. Our Swiss plan is a government-mandated retirement fund with benefits generally earned based on years of service and compensation during active employment; however, the level of benefits varies within the plan. Eligibility is determined in accordance with local statutory requirements. Under this plan, both we and certain of our employees with annual earnings in excess of government determined amounts are required to make contributions into a fund managed by an independent investment fiduciary. Employer contributions must be in an amount at least equal to the employee’s contribution. Minimum employee contributions are based on the respective employee’s age, salary, and gender. As of June 30, 2017 and 2016, the plan had an unfunded net pension obligation of approximately $1,658 and $4,007, respectively, and plan assets which totaled approximately $3,920 and $7,080, respectively. For the years ended June 30, 2017, 2016 and 2015 we recognized expense totaling $1,191, $1,820, and $2,043, respectively, related to our Swiss plan. During fiscal 2016, a component of the total expense related to a settlement loss of $506, as a result of headcount reductions in our Switzerland office.

Shareholders' Equity

12 Months Ended

Jun. 30, 2017

Shareholders' Equity [Abstract]

Shareholders' Equity and Share-based Payments [Text Block]

Shareholders’ Equity

Treasury shares

On February 22, 2016 we announced that our Supervisory Board authorized the purchase of up to 6,300,000 of our ordinary shares and during the year ended June 30, 2017 we purchased 593,763 shares under this program for a cost of $50,008. On March 22, 2017, our Supervisory Board authorized the repurchase of up to 6,300,000 of our issued and outstanding ordinary shares on the open market. As of June 30, 2017, no shares have been repurchased under this authorization.

Share-based awards

The 2016 Performance Equity Plan (the "2016 Plan") became effective upon shareholder approval on May 27, 2016 and allows us to grant PSUs, entitling the recipient to receive Cimpress ordinary shares based upon continued service to Cimpress and the achievement of objective, predetermined appreciation of Cimpress' three-year moving average share price. We may grant PSUs under the 2016 Plan to our employees, officers, directors (including members of the Management Board and Supervisory Board), consultants, and advisers. Subject to adjustment in the event of stock splits, stock dividends and other similar events, we may make awards under the 2016 Plan for up to 8,000,000 of our ordinary shares.

The 2011 Equity Incentive Plan (the “2011 Plan”) became effective upon shareholder approval on June 30, 2011 and allows us to grant share options, share appreciation rights, restricted shares, restricted share units and other awards based on our ordinary shares to our employees, officers, non-employee directors, consultants and advisors. 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 10 years; provides that shares underlying outstanding awards under the Amended and Restated 2005 Equity Incentive Plan that are canceled, forfeited, expired or otherwise terminated without having been issued 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 allows us to grant share options to our non-employee directors 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 outstanding awards from which we will not grant any additional awards.

An aggregate of 9,523,532 ordinary shares were available for future awards under all of our share-based award plans as of June 30, 2017. For PSUs under our 2016 Plan, we assumed that we would issue ordinary shares equal to 250% of the outstanding PSUs, which is the maximum potential share issuance. A combination of new shares and treasury shares has historically been used in fulfillment of our share based awards.

Share options

We have granted options to purchase ordinary shares at prices that are at least equal to the fair market value of the shares on the date the option is granted and have a contractual term of approximately eight to ten years. Options generally vest over 3 years for non-employee supervisory directors and over 4 years for employees.

The fair value of each option award subject only to service period vesting 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. 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 term 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. We value share options with a market condition using a lattice model with compensation expense recorded on an accelerated basis over the requisite service period.

We did not grant any share options in fiscal 2017. Weighted-average values used for option awards in fiscal 2016 and 2015 were as follows:



	Year Ended June 30,
	2016			2015
Risk-free interest rate	1.84		%	1.67		%
Expected dividend yield	—		%	—		%
Expected term (years)	6.00			6.00
Expected volatility	47		%	50		%
Weighted average fair value of options granted	$	38.18		$	35.84

A summary of our share option activity and related information for the year ended June 30, 2017 is as follows:



	Shares Pursuant to Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding at the beginning of the period	2,659,991		$	45.21	3.3
Granted	—		—
Exercised	(495,763	)	38.62
Forfeited/expired	(25,802	)	50.00
Outstanding at the end of the period	2,138,426		$	46.68	2.6	$	102,321
Vested or expected to vest at the end of the period	2,138,426		$	46.68	2.6	$	102,321
Exercisable at the end of the period	1,869,762		$	46.08	2.5	$	90,584

The intrinsic value in the table above represents the total pre-tax amount, net of exercise price, which would have been received if all option holders exercised in-the-money options on June 30, 2017. The total intrinsic value of options exercised during the fiscal years ended June 30, 2017, 2016 and 2015 was $25,566, $5,494, and $61,531, respectively.

Performance share units - 2016 Performance Equity Plan

We began granting PSUs under our 2016 Performance Equity Plan during the first quarter of fiscal 2017. The PSU grants entitle the recipient to receive Cimpress ordinary shares between 0% and 250% of the granted amount, based upon continued service to Cimpress and the achievement of a compounded annual growth rate target based on Cimpress' three-year moving average share price that will be assessed annually in years 6 - 10 following the grant date. The fair value of the PSUs is based on a Monte Carlo simulation, and the resulting expense is recognized on an accelerated basis over the requisite service period.

A summary of our PSU activity and related information for the fiscal year ended June 30, 2017 is as follows:



	PSUs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Outstanding at the beginning of the period	—		$	—
Granted	441,985		123.51
Vested and distributed	—		—
Forfeited	(66,947	)	126.03
Outstanding at the end of the period	375,038		$	123.06	$	35,452

The weighted average fair value of PSUs granted during the fiscal year ended June 30, 2017 was $123.51 and the total intrinsic value of PSUs earned during the fiscal year ended June 30, 2017 was $35,452. As of June 30, 2017, the number of shares subject to PSUs included in the table above assumes the issuance of one share for each PSU, but based on actual performance that amount delivered can range from zero shares to a maximum of 937,595 shares.

Restricted share units

The fair value of an RSU award is equal to the fair market value of our ordinary shares on the date of grant and the expense is recognized on a straight-line basis over the requisite service period. RSUs generally vest over 2 years for non-employee directors and over 4 years for employees. For awards with a performance condition, we recognize compensation cost on an accelerated basis over the requisite service period when achievement of the performance condition is deemed probable. As of June 30, 2017, we had 164,000 RSUs outstanding that vest based on the achievement of various performance targets through fiscal 2020. The performance criteria for 140,000 of these RSUs are currently deemed not probable of achievement. Future changes in our probability conclusions could result in volatility of our share-based compensation expense as the units have a total fair value of $10,584.

A summary of our RSU activity and related information for the fiscal year ended June 30, 2017 is as follows:



	RSUs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Unvested at the beginning of the period	600,075		$	67.77
Granted	25,620		97.25
Vested and distributed	(234,804	)	61.00
Forfeited	(56,521	)	69.07
Unvested at the end of the period	334,370		$	74.57	$	31,608

The weighted average fair value of RSUs granted during the fiscal years ended June 30, 2017, 2016 and 2015 was $97.25, $75.63 and $63.28, respectively. The total intrinsic value of RSUs vested during the fiscal years ended June 30, 2017, 2016 and 2015 was $21,130, $21,810 and $19,846, respectively.

Restricted share awards

As part of our acquisition of Tradeprint during the first quarter of fiscal 2016, we issued 65,050 restricted ordinary shares. The fair value of the RSAs was determined based on our share price on the date of grant and is recognized as share-based compensation expense over the applicable service period. These awards generally vest over a 2 to 4 year period.

A summary of our RSA activity and related information for the fiscal year ended June 30, 2017 is as follows:



	RSAs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Unvested at the beginning of the period	81,633		$	68.41
Granted	—		—
Vested and distributed	(69,196	)	87.33
Forfeited	—		—
Unvested at the end of the period	12,437		$	64.53	$	1,176

Share-based compensation

Total share-based compensation costs were $48,627, $23,828 and $24,075 for the years ended June 30, 2017, 2016 and 2015, respectively, and we elected to recognize the impact of forfeitures as they occur. From time to time we issue awards that are considered liability-based awards as they are settleable in cash. During the year ended June 30, 2017, we paid $10,947 for a liability based award associated with our 2014 acquisition of Pixartprinting. As of June 30, 2017, we have a liability-based award associated with our Printi LLC investment, accrued as part of other liabilities in the amount of $8,713. Refer to Note 15 for additional details.

Share-based compensation costs capitalized as part of software and website development costs were $1,546, $832 and $477 for the years ended June 30, 2017, 2016 and 2015, respectively.

As of June 30, 2017, there was $36,843 of total unrecognized compensation cost related to non-vested, share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of 1.9 years.

Income Taxes

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Income Taxes

The following is a summary of our (loss) income before income taxes by geography:



	Year Ended June 30,
	2017			2016		2015
U.S.	$	13,390		$	23,057	$	21,567
Non-U.S.	(92,707		)	43,038		78,186
Total	$	(79,317	)	$	66,095	$	99,753

The components of the (benefit) provision for income taxes are as follows:



	Year Ended June 30,
	2017			2016			2015
Current:
U.S. Federal	$	(1,144	)	$	7,915		$	12,680
U.S. State	1,344			116			2,313
Non-U.S.	26,191			23,164			12,496
Total current	26,391			31,195			27,489
Deferred:
U.S. Federal	(1,999		)	(2,353		)	(4,505		)
U.S. State	(1,497		)	13			(1,070		)
Non-U.S.	(30,013		)	(13,171		)	(11,473		)
Total deferred	(33,509		)	(15,511		)	(17,048		)
Total	$	(7,118	)	$	15,684		$	10,441

The following is a reconciliation of the standard U.S. federal statutory tax rate and our effective tax rate:



	Year Ended June 30,
	2017		2016		2015
U.S. federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal effect	(0.1	)	0.1		0.8
Tax rate differential on non-U.S. earnings	(15.5	)	(35.7	)	(23.8	)
Impact of goodwill impairment charge	(1.6	)	16.1		—
Compensation related items	7.4		(2.2	)	0.8
Change in valuation allowance	(21.9	)	26.9		8.0
Nondeductible acquisition-related payments	(18.0	)	4.0		4.0
Notional interest deduction (Italy)	5.0		(5.3	)	(2.5	)
Net tax benefit on intellectual property transfer	13.8		(17.7	)	(12.2	)
Tax on unremitted earnings	(1.3	)	4.3		0.2
Tax credits and incentives	7.1		(4.0	)	(1.7	)
Other	(0.9	)	2.2		1.9
Effective income tax rate	9.0	%	23.7	%	10.5	%

Our effective tax rate for all periods presented is below the U.S. federal statutory rate of 35% primarily as a result of the majority of our pretax income being earned in jurisdictions outside the U.S. where the applicable tax rates are lower than the U.S. federal statutory rate. The jurisdictions that have the most significant impact to our non-U.S. tax provision include Australia, Canada, France, Germany, Italy, the Netherlands, Spain and Switzerland. The applicable tax rates in these jurisdictions range from 10% - 34%. The total tax rate benefit from operating in non-U.S. jurisdictions is included in the line “Tax rate differential on non-U.S. earnings” in the above tax rate reconciliation table.

For the year ended June 30, 2017, our effective tax rate was 9.0% as compared to the prior year effective tax rate of 23.7%. The tax rate for fiscal year 2017 was based on a consolidated loss as compared to a profit in fiscal year 2016. This, combined with a more favorable geographical mix of earnings in fiscal year 2017, resulted in a lower effective tax rate for the year. In addition, we recorded a larger goodwill impairment charge in fiscal year 2016 as compared to fiscal year 2017 (discussed in Note 8) which is non-deductible for tax purposes. This was offset by increased nondeductible acquisition-related charges in fiscal year 2017 as compared to fiscal year 2016. Also, in fiscal year 2017 we recognized increased tax benefits associated with the vesting of share-based compensation awards, research and development credits and other incentives (primarily in the U.S. and Italy) as compared to fiscal year 2016. Our tax rate was higher in fiscal year 2016 as compared to fiscal year 2015 primarily due to the nondeductible goodwill impairment charge in fiscal year 2016.

In our fiscal year 2016 we adopted ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvement to Employee Share-Based Payment Accounting." This resulted in tax benefits of $8,003 and $3,456 recognized in income tax (benefit) expense in the consolidated statement of operations for the years ended June 30, 2017 and 2016, respectively, which previously would have been recognized in additional paid-in capital in the consolidated balance sheet.

In fiscal year 2014, we made changes to our corporate entity operating structure, including transferring our intellectual property among certain of our subsidiaries, primarily to align our corporate entities with our evolving operations and business model. The transfer of assets occurred between wholly owned legal entities within the Cimpress group that are based in different tax jurisdictions. As the impact of the transfer was the result of an intra-entity transaction, any resulting gain or loss and immediate tax impact on the transfer is eliminated and not recognized in the consolidated financial statements under U.S. GAAP. The transferor entity recognized a gain on the transfer of assets that was not subject to income tax in its local jurisdiction. Our subsidiary based in Switzerland was the recipient of the intellectual property. In accordance with Swiss tax law, we are entitled to amortize the fair market value of the intellectual property received at the date of transfer over five years for tax purposes. The tax benefit associated with the amortization of the intellectual property was $12,696 and $12,764 in fiscal years ended June 30, 2017 and 2016, respectively. The impact of this tax benefit to our effective tax rate is included in the line "Net tax (benefit) expense on intellectual property transfer" in the above tax rate reconciliation table.

In fiscal year 2012, one of our subsidiaries purchased certain intellectual property and intangible assets of Webs, Inc., and we recognize the tax expense associated with the intra-entity transfer of these assets over a period equal to the expected economic lives of the assets. We elected to fund the transfer of these assets using an installment obligation payable over a 7.5-year period, and accordingly we recorded a deferred tax liability for the entire tax liability owed but not yet paid as of the date of the transaction with a corresponding asset in "Other Assets" to reflect the deferred tax charge to be recognized over the expected remaining lives of the assets. Refer to Note 17 - Commitment and Contingencies - for additional information regarding this obligation.

Significant components of our deferred income tax assets and liabilities consisted of the following at June 30, 2017 and 2016:



	Year Ended June 30,
	2017			2016
Deferred tax assets:
Net operating loss carryforwards	$	85,728		$	52,469
Depreciation and amortization	2,331			999
Accrued expenses	6,478			4,387
Share-based compensation	20,999			17,017
Credit and other carryforwards	2,688			953
Derivative financial instruments	7,121			2,799
Other	3,060			2,923
Subtotal	128,405			81,547
Valuation allowance	(56,953		)	(35,429		)
Total deferred tax assets	71,452			46,118
Deferred tax liabilities:
Depreciation and amortization	(71,477		)	(75,390		)
IP installment obligation	(6,460		)	(9,608		)
Tax on unremitted earnings	(4,374		)	(3,233		)
Other	(1,880		)	(1,223		)
Total deferred tax liabilities	(84,191		)	(89,454		)
Net deferred tax liabilities	$	(12,739	)	$	(43,336	)

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. The increase in the valuation allowance from the prior year relates primarily to losses incurred in certain jurisdictions (mainly Brazil, China, India, Japan and the Netherlands) for which management has determined, based on current profitability projections, that it is more likely than not that these losses will not be utilized within the applicable carryforward periods available under local law. We have not recorded a valuation allowance against $33,111 of deferred tax asset associated with current and prior year tax losses generated in Switzerland. Management believes there is sufficient positive evidence in the form of historical and future projected profitability to conclude that it is more likely than not that all of the losses in Switzerland will be utilized against future taxable profits within the available carryforward period. Our assessment is reliant on the attainment of our future operating profit goals. Failure to achieve these operating profit goals may change our assessment of this deferred tax asset, and such change would result in an additional valuation allowance and an increase in income tax expense to be recorded in the period of the change in assessment. We will continue to review our forecasts and profitability trends on a quarterly basis.

Additionally, we have recorded a full valuation allowance against $7,076 of deferred tax asset related to an interest rate derivative instrument for which management has determined, based on current profitability projections, that it is more likely than not that it will not be recognized in the foreseeable future. The impact of this deferred tax asset and associated valuation allowance has been recorded in accumulated other comprehensive (loss) income on the balance sheet.

No valuation allowance has been recorded against the $20,999 deferred tax asset associated with share-based compensation charges at June 30, 2017. However, in the future, if the underlying awards expire, are released or are 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.

Based on the weight of available evidence at June 30, 2017, management believes that it is more likely than not that all other net deferred tax assets will be realized in the foreseeable future. We will continue to assess the realization of the deferred tax assets based on operating results.

A reconciliation of the beginning and ending amount of the valuation allowance for the year ended June 30, 2017 is as follows:



Balance at June 30, 2016	$	35,429
Charges to earnings (1)	16,674
Charges to other accounts (2)	4,850
Balance at June 30, 2017	$	56,953

_________________

(1) Amount is primarily related to non-U.S. net operating losses.

(2) Amount is primarily related to unrealized losses on cross-currency swap contracts included in other comprehensive income (loss) and an increase in deferred tax assets on non-U.S. net operating losses due to currency exchange rate changes.

The decrease in deferred tax liabilities during fiscal 2017 is primarily attributable to increased net operating losses in Switzerland, offset by deferred tax liabilities of $3,255 related to intangible and other assets from the acquisition of National Pen.

As of June 30, 2017, we had gross U.S. federal and state net operating losses of approximately $3,091 that expire on various dates from fiscal 2030 through fiscal 2035. We had gross non-U.S. net operating loss and other carryforwards of $523,754, a significant amount of which expire in fiscal 2021, with the remaining amounts expiring on various dates from fiscal 2019 through fiscal 2037. The benefits of these carryforwards are dependent upon the generation of taxable income in the jurisdictions where they arose.

We consider the following factors, among others, in evaluating our plans for indefinite reinvestment of our subsidiaries’ earnings: (i) the forecasts, budgets and financial requirements of both our parent company and its subsidiaries, both for the long term and for the short term; and (ii) the tax consequences of any decision to reinvest earnings of any subsidiary. As of June 30, 2017, no tax provision has been made for $27,406 of undistributed earnings of certain of our subsidiaries as these earnings are considered indefinitely reinvested. If, in the future, we decide to repatriate the undistributed earnings from these subsidiaries in the form of dividends or otherwise, we could be subject to withholding taxes payable in the range of $6,500 to $7,500 at that time. A cumulative deferred tax liability of $4,374 has been recorded attributable to undistributed earnings that we have deemed are no longer indefinitely reinvested. The remaining undistributed earnings of our subsidiaries are not deemed to be indefinitely reinvested and can be repatriated at no tax cost. Accordingly, there has been no provision for income or withholding taxes on these earnings.

A reconciliation of the gross beginning and ending amount of unrecognized tax benefits is as follows:



Balance June 30, 2015	$	5,710
Additions based on tax positions related to the current tax year	328
Additions based on tax positions related to prior tax years	132
Reductions based on tax positions related to prior tax years	(363		)
Reductions due to audit settlements	(1,129		)
Reductions due to lapse of statute of limitations	(429		)
Balance June 30, 2016	$	4,249
Additions based on tax positions related to the current tax year	632
Additions based on tax positions related to prior tax years	1,580
Reductions based on tax positions related to prior tax years	(30		)
Reductions due to audit settlements	(1,048		)
Balance June 30, 2017	$	5,383

For the years ended June 30, 2017 and 2016, the amount of unrecognized tax benefits (exclusive of interest) that, if recognized, would impact the effective tax rate is $3,069 and $1,893, respectively. We recognize interest and, if applicable, penalties related to unrecognized tax benefits in income tax expense. The accrued interest and penalties recognized as of June 30, 2017 and 2016 were $384 and $142, respectively. It is reasonably possible that a further change in unrecognized tax benefits in the range of $1,000 to $1,200 may occur within the next twelve months related to the settlement of one or more audits or the lapse of applicable statutes of limitations. We believe we have appropriately provided for all tax uncertainties.

We conduct business in a number of tax jurisdictions and, as such, are required to file income tax returns in multiple jurisdictions globally. The years 2013 through 2016 remain open for examination by the United States Internal Revenue Service (“IRS”) and the years 2011 through 2016 remain open for examination in the various states and non-US tax jurisdictions in which we file tax returns.

We are currently under income tax audit in certain jurisdictions globally. We believe that our income tax reserves are adequately maintained taking into consideration both the technical merits of our tax return positions and ongoing developments in our income tax audits. However, the final determination of our tax return positions, if audited, is uncertain, and there is a possibility that final resolution of these matters could have a material impact on our results of operations or cash flows.

Noncontrolling interest

12 Months Ended

Jun. 30, 2017

Noncontrolling Interest [Abstract]

Noncontrolling Interest Disclosure [Text Block]

Noncontrolling Interests

In certain of our strategic investments we have purchased a controlling equity stake, but there remains a minority portion of the equity that is owned by a third party. The balance sheet and operating activity of these entities are included in our consolidated financial statements and we adjust the net (loss) income in our consolidated statement of operations to exclude the noncontrolling interests' proportionate share of results. We present the proportionate share of equity attributable to the redeemable noncontrolling interests as temporary equity within our consolidated balance sheet and the proportionate share of noncontrolling interests not subject to a redemption provision that is outside of our control as equity.

Redeemable noncontrolling interests

On April 15, 2015, we acquired 70% of the outstanding shares of Exagroup SAS. The remaining 30% is considered a redeemable noncontrolling equity interest, as it is redeemable in the future and not solely within our control. The Exagroup noncontrolling interest, redeemable at a fixed amount of €39,000, was recorded at its fair value as of the acquisition date and will be adjusted to its redemption value on a periodic basis, if that amount exceeds its carrying value. During the year ended June 30, 2016, the losses attributable to the noncontrolling interest, primarily due to the goodwill impairment loss as discussed in Note 8, reduced the carrying value below the fixed redemption amount. We recorded an adjustment of $7,025 to increase the carrying value to the fixed redemption amount, which offset the net loss attributable to noncontrolling interest during the year ended June 30, 2016. As of June 30, 2017, the redemption value was less than the carrying value, and therefore no adjustment was required.

On April 3, 2014, we acquired 97% of the outstanding corporate capital of Pixartprinting S.p.A. The remaining 3% was considered a redeemable noncontrolling equity interest, as it was redeemable for cash based on financial results and was not solely within our control. During year ended June 30, 2016, we increased the carrying amount of the redeemable noncontrolling interest by $5,879 to reflect the estimated redemption value as of June 30, 2016. As the formulaic redemption value exceeded the fair value of noncontrolling interest as of June 30, 2016, $960 of the accretion was recorded as an offset to the net loss attributable to noncontrolling interest with the remaining accretion of $4,919 recorded to retained earnings. During fiscal 2017, we purchased the remaining equity interest for €10,406 ($10,947 based on the exchange rate as of the redemption date).

We previously owned a 51% controlling interest in a joint business arrangement with Plaza Create Co. Ltd., a leading Japanese retailer of photo products, to expand our market presence in Japan. During the second quarter of fiscal 2017, we purchased the remaining 49% noncontrolling interest for $9,352. The purchase was recognized as an equity transaction, which resulted in the difference between the carrying value of the noncontrolling interest and purchase price, adjusted within additional paid-in capital.

Noncontrolling interest

On August 7, 2014, we made a capital investment in Printi LLC; however during the fourth quarter of fiscal 2017 we modified the terms of the arrangement resulting in a reclassification of the noncontrolling interest to a liability as described in Note 15. As of June 30, 2017, the remaining noncontrolling interest includes a third-party investment in one of our acquired subsidiaries.

The following table presents the reconciliation of changes in our noncontrolling interests:



	Redeemable noncontrolling interests			Noncontrolling interest
Balance as of June 30, 2015	$	57,738		$	512
Capital contribution from noncontrolling interest	5,141			—
Accretion to redemption value recognized in retained earnings (1)	4,919			—
Accretion to redemption value recognized in net loss attributable to noncontrolling interest (2)	7,985			—
Adjustment to noncontrolling interest	—			(74		)
Net loss attributable to noncontrolling interest	(11,840		)	(83		)
Dividend paid to noncontrolling interest	(368		)	—
Foreign currency translation	1,726			(4		)
Balance as of June 30, 2016	$	65,301		$	351
Capital contribution from noncontrolling interest	1,404			—
Accretion to redemption value recognized in net loss attributable to noncontrolling interest (2)	372			—
Net (loss) income attributable to noncontrolling interest	(864		)	4
Purchase of noncontrolling interests (3)	(20,299		)	—
Sale of noncontrolling interest	—			(90		)
Foreign currency translation	(502		)	(52		)
Balance as of June 30, 2017	$	45,412		$	213

__________________

(1) Accretion of redeemable noncontrolling interests to redemption value recognized in retained earnings is the result of the redemption amount estimated to be greater than carrying value but less than fair value.

(2) Accretion to redemption value recognized in net loss attributable to noncontrolling interest is the result of the redemption amount estimated to be greater than both the carrying value and fair value of the noncontrolling interest.

(3) During fiscal 2017, we purchased the Pixartprinting and Japanese joint venture noncontrolling interests for $10,947 and $9,352, respectively.

Variable Interest Entities	12 Months Ended
Variable Interest Entities	Jun. 30, 2017
Variable Interest Entity [Line Items]
Variable Interest Entity Disclosure [Text Block]	Variable Interest Entity ("VIE") On August 7, 2014, we made a capital investment in Printi LLC, which operates in Brazil. This investment provides us access to a new market and the opportunity to drive longer-term growth in Brazil and other geographies as Printi expands internationally in the future. As of June 30, 2017, we have a 49.99% equity interest in Printi. Based upon the level of equity investment at risk, Printi is considered a variable interest entity. The shareholders of Printi share profits and voting control on a pro-rata basis. While we do not manage the day to day operations of Printi, we do have the unilateral ability to exercise participating voting rights for specific transactions and as such no one shareholder is considered to be the primary beneficiary. However, certain significant shareholders cannot transfer their equity interests without our approval and as a result are considered de facto agents on our behalf in accordance with ASC 810-10-25-43. In aggregating our rights, as well as those of our de facto agents, the group as a whole has both the power to direct the activities that most significantly impact the entity's economic performance and the obligation to absorb losses and the right to receive benefits from the entity. In situations where a de facto agency relationship is present, one party is required to be identified as the primary beneficiary and the evaluation requires significant judgment. The factors considered include the presence of a principal/agent relationship, the relationship and significance of activities to the reporting entity, the variability associated with the VIE's anticipated economics and the design of the VIE. The analysis is qualitative in nature and is based on weighting the relative importance of each of the factors in relation to the specifics of the VIE arrangement. Upon our investment we performed an analysis and concluded that we are the party that is most closely associated with Printi, as we are most exposed to the variability of the economics and therefore considered the primary beneficiary. We previously had call options with certain employee shareholders to increase our ownership in Printi incrementally over an eight-year period. On May 22, 2017, we modified the terms of the future put and call options and agreed to purchase an additional 3.7% non-voting economic interest during the fourth quarter of fiscal 2018. In addition, we will acquire the remaining equity interest in Printi through a reciprocal put and call structure, exercisable from March 31, 2021 through a mandatory redemption date of July 31, 2023. As the remaining equity interests are mandatorily redeemable by all parties no later than a specified future date, the noncontrolling interest is within the scope of ASC 480 and is required to be presented as a liability on our consolidated balance sheet. As of the amendment date, we reclassified the mandatorily redeemable noncontrolling interest to a liability and adjusted the liability to the fair value of $3,357, using an option pricing model, with an offsetting adjustment to additional paid-in capital. We will adjust the liability to its estimated redemption value each reporting period and recognize any changes within interest expense, net in our consolidated statement of operations. Under the original terms of our arrangement, a portion of our call options were for Printi restricted stock held by Printi employees that was contingent on post-acquisition employment and recognized as share-based compensation over a four-year vesting period. As part of the modification, we eliminated the employment vesting provisions resulting in the acceleration of expense for the remaining awards not previously vested. The awards will continue to be considered liability-based awards and marked to fair value each reporting period until cash settlement. As of June 30, 2017, through the use of an option pricing model we estimate the current fair value to be $8,713 and we have recognized $5,803, $1,517 and $1,405 in general and administrative expense for the years ended June 30, 2017, 2016 and 2015, respectively. As part of the amended arrangement, we agreed to lend two Printi employees up to $24,000 that is payable on the date the put or call option is exercised, which will occur no later than July 31, 2023. On July 10, 2017, $12,000 of the loan was drawn and will be considered a long-term loan receivable in our consolidated financial statements in the first quarter of fiscal 2018. The loans carry 8.5% annual interest and the loans are not contingent upon continued employment. We expect that the loan proceeds will be used to offset our purchase of the remaining noncontrolling interest in the future.

Segment Information

12 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

Our operating segments are based upon the manner in which our operations are managed and the availability of separate financial information reported internally to the Chief Executive Officer, who is our Chief Operating Decision Maker (“CODM”) for purposes of making decisions about how to allocate resources and assess performance. As of June 30, 2017 we have numerous operating segments under our management reporting structure which are reported in the following four reportable segments:


•	Vistaprint - Includes the operations of our Vistaprint-branded websites focused on the North America, Europe, Australia and New Zealand markets, and our Webs-branded business, which is managed with the Vistaprint-branded digital business in the previously listed geographies.


•	Upload and Print - Includes the results of our druck.at, Easyflyer, Exagroup, Pixartprinting, Printdeal, Tradeprint, and WIRmachenDRUCK branded businesses.


•	National Pen - Includes the global operations of our National Pen branded businesses, which manufacture and market custom writing instruments and promotional products, apparel and gifts.


•	All Other Businesses - Includes the operations of our Albumprinter, Most of World, and Corporate Solutions businesses. Our Most of World businesses are focused on our emerging market portfolio, including operations in Brazil, China, India and Japan. These businesses have been combined into one reportable segment based on materiality.

As part of the reorganization announced in January 2017, several groups that previously were part of our corporate and global functions, including significant portions of our technology, manufacturing and supply chain, finance, legal and other related groups, have been decentralized into our operating segments. This change is intended to improve accountability for customer satisfaction and capital returns, simplify decision-making, improve the speed of execution, further develop our cadre of general managers, and release entrepreneurial energy. The majority of the groups transferred into our operating segments joined our Vistaprint business and to a smaller extent our Upload and Print businesses. We revised our presentation of all prior periods presented to reflect our revised segment reporting.

Corporate and global functions now consist primarily of global procurement and supplier research, a central technology team whose primary focus is building the mass customization platform, and essential corporate services, such as the corporate finance, communications, strategy and legal functions. Corporate and global functions is a cost center and does not meet the definition of an operating segment.

We began granting PSUs under our 2016 Plan during the first quarter of fiscal 2017. The PSU expense value is based on a Monte Carlo fair value analysis and is required to be expensed on an accelerated basis. In order to ensure comparability in measuring our businesses results, we allocate the straight-line portion of the fixed grant value to our businesses. Any expense in excess of the amount as a result of the fair value measurement of the PSUs and the accelerated expense profile of the awards is recognized within corporate and global functions.

Adjusted net operating profit (loss) is the primary metric by which our CODM measures segment financial performance and allocates resources. Certain items are excluded from segment adjusted net operating profit (loss), such as acquisition-related amortization and depreciation, expense recognized for contingent earn-out related charges, including the changes in fair value of contingent consideration and compensation expense related to cash-based earn-out mechanisms dependent upon continued employment, share-based compensation related to investment consideration, certain impairment expense, and restructuring charges. A portion of the interest expense associated with our Waltham lease is included as expense in adjusted net operating profit (loss) and allocated based on headcount to the appropriate business or corporate and global function. The interest expense represents a portion of the cash rent payment and is considered an operating expense for purposes of measuring our segment performance. There are no internal revenue transactions between our operating segments, and we do not allocate non-operating income to our segment results. All intersegment transfers are recorded at cost for presentation to the CODM; for example, we allocate costs related to products manufactured by our global network of production facilities to the applicable operating segment. There is no intercompany profit or loss recognized on these transactions.

Our All Other Businesses reportable segment includes our Most of World and Corporate Solutions businesses, which have operating losses as they are in the early stage of investment relative to the scale of the underlying businesses, which may limit its comparability to other segments regarding adjusted net operating profit (loss).

Our balance sheet information is not presented to the CODM on an allocated basis, and therefore we do not present asset information by segment.

Revenue by segment is based on the business-specific websites through which the customer’s order was transacted. The following tables set forth revenue, adjusted net operating profit (loss) by reportable segment, total (loss) income from operations and total (loss) income before taxes.



	Year Ended June 30,
	2017		2016		2015
Revenue:
Vistaprint	$	1,305,285	$	1,217,162	$	1,149,706
Upload and Print	588,613		432,638		197,075
National Pen	112,712		—		—
All Other Businesses	128,795		138,244		147,425
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206

During the fourth quarter of fiscal 2017, we identified errors related to our unaudited segment profitability disclosures that were recast and reported during the third quarter of fiscal 2017. As part of this process we transferred, in error, certain costs from our corporate and global functions cost center to our Vistaprint segment. This resulted in the understatement of Vistaprint's adjusted net operating profit of $5,591 and $7,998 for the nine months ended March 31, 2017 and 2016, respectively and $2,727 for the three months ended March 31, 2016. This also resulted in an offsetting understatement of the costs of our corporate and global functions for the same amounts for the periods included above. The impacts of these errors have been revised within our results for the years ended June 30, 2017 and 2016. We have determined that these errors were not material, individually or in the aggregate, to any of the previously issued financial statements. Revisions to the applicable prior periods are reflected in the financial information herein and will be reflected in future filings containing such financial information. The revision had no net impact on our consolidated balance sheet, consolidated statements of comprehensive income (loss) and of cash flows for any prior periods.



	Year Ended June 30,
	2017			2016			2015
Adjusted net operating profit (loss) by segment:
Vistaprint	$	165,193		$	213,027		$	193,048
Upload and Print	63,833			58,643			23,511
National Pen	(2,225		)	—			—
All Other Businesses	(30,747		)	(8,924		)	10,699
Total adjusted net operating profit (loss) by segment	196,054			262,746			227,258
Corporate and global functions	(116,803		)	(96,592		)	(84,622		)
Acquisition-related amortization and depreciation	(46,402		)	(40,834		)	(24,265		)
Earn-out related charges (1)	(40,384		)	(6,378		)	(15,276		)
Share-based compensation related to investment consideration	(9,638		)	(4,835		)	(3,569		)
Certain impairments (2)	(9,556		)	(41,820		)	—
Restructuring related charges	(26,700		)	(381		)	(3,202		)
Interest expense for Waltham lease	7,727			6,287			—
Total (loss) income from operations	(45,702		)	78,193			96,324
Other income, net	10,362			26,098			20,134
Interest expense, net	(43,977		)	(38,196		)	(16,705		)
(Loss) income before income taxes	$	(79,317	)	$	66,095		$	99,753

___________________

(1) Includes expense recognized for the change in fair value of contingent consideration and compensation expense related to cash-based earn-out mechanisms dependent upon continued employment.

(2) Includes the impact for certain impairments or abandonments of goodwill and other long-lived assets as defined by ASC 350 - "Intangibles - Goodwill and Other" or ASC 360 - "Property, plant, and equipment."



	Year Ended June 30,
	2017		2016		2015
Depreciation and amortization:
Vistaprint	$	63,923	$	40,686	$	40,075
Upload and Print	56,073		47,696		24,539
National Pen	10,269		—		—
All Other Businesses	15,074		18,111		15,258
Corporate and global functions	13,061		25,425		17,628
Total depreciation and amortization	$	158,400	$	131,918	$	97,500

Enterprise Wide Disclosures:

The following tables set forth revenues by geographic area and groups of similar products and services:



	Year Ended June 30,
	2017		2016		2015
United States	$	901,061	$	781,335	$	718,072
Germany (1)	256,069		125,356		54,129
Other (2)	978,275		881,353		722,005
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206



	Year Ended June 30,
	2017		2016		2015
Physical printed products and other (3)	$	2,076,564	$	1,724,676	$	1,423,110
Digital products/services	58,841		63,368		71,096
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206

__________________

(1) During the fiscal year ended June 30, 2017, our revenues within the German market exceeded 10% of our total consolidated revenue. Therefore we have presented Germany as a significant geographic area and recast all prior periods.

(2) Our other revenue includes the Netherlands, our country of domicile.

(3) Other revenue includes miscellaneous items which account for less than 1% of revenue.

The following tables set forth long-lived assets by geographic area:



	June 30, 2017		June 30, 2016
Long-lived assets (4):
Canada	$	85,926	$	89,888
Netherlands	83,223		91,053
United States	64,034		32,977
Switzerland	49,017		38,501
Italy	44,423		34,086
Australia	22,961		24,358
France	22,794		24,561
Jamaica	21,492		22,604
Japan	20,686		23,213
Other	64,377		53,059
Total	$	478,933	$	434,300

___________________

(4) Excludes goodwill of $514,963 and $466,005, intangible assets, net of $275,924 and $216,970, the Waltham lease asset of $116,045 and $120,168, and deferred tax assets of $48,004 and $26,093 as of June 30, 2017 and June 30, 2016, respectively.

Commitments and Contingencies

12 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Lease Commitments

We have commitments under operating leases for our facilities that expire on various dates through 2026, including the Waltham lease arrangement discussed in Note 2. Total lease expense, net of sublease income, for the years ended June 30, 2017, 2016 and 2015 was $13,959, $12,943, and $16,926, respectively.

We lease certain machinery and plant equipment under both capital and operating lease agreements that expire at various dates through 2023. The aggregate carrying value of the leased equipment under capital leases included in property, plant and equipment, net in our consolidated balance sheet at June 30, 2017, is $40,771, net of accumulated depreciation of $26,550; the present value of lease installments not yet due included in other current liabilities and other liabilities in our consolidated balance sheet at June 30, 2017 amounts to $39,879.



	Operating lease obligations		Build-to-suit lease obligation (1)		Capital lease obligation		Total lease obligations
2018	$	13,344	$	12,569	$	13,916	$	39,829
2019	9,446		12,569		10,721		32,736
2020	8,893		12,569		7,590		29,052
2021	7,426		12,569		3,992		23,987
2022	4,522		12,569		1,838		18,929
Thereafter	6,512		46,403		3,253		56,168
Total	$	50,143	$	109,248	$	41,310	$	200,701

__________

(1) Minimum payments relate to our Waltham lease obligation, refer to Note 2 for additional details.

Purchase Obligations

At June 30, 2017, we had unrecorded commitments under contract of $29,697, which were primarily composed of commitments for production and computer equipment purchases of approximately $5,540. In addition, we had purchase commitments for third-party web services of $5,000, professional and consulting fees of approximately $5,672, inventory purchase commitments of $2,358, commitments for advertising campaigns of $2,605, and other unrecorded purchase commitments of $8,522.

Debt

The required principal payments due during the next five years and thereafter under our outstanding long-term debt obligations at June 30, 2017 are as follows:



2018	$	30,542
2019	79,452
2020	494,809
2021	1,184
2022	768
Thereafter	275,823
Total	$	882,578

Other Obligations

We have an outstanding installment obligation of $6,460 related to the fiscal 2012 intra-entity transfer of the intellectual property of our subsidiary Webs, Inc., which results in tax being paid over a 7.5 year term and has been classified as a deferred tax liability in our consolidated balance sheet as of June 30, 2017. Other obligations also include a contingent earn-out liability for our fiscal 2016 WIRmachenDRUCK acquisition, based on the achievement of certain financial targets, payable at our option in cash or ordinary shares in fiscal 2018 of $44,049. Refer to Note 9 for additional discussion related to the contingent earn-out liability. We have also agreed to a loan arrangement with two Printi employees, which includes an initial draw on the loans in the amount of $12,000 during the first quarter of fiscal 2018. Refer to Note 15 for additional details. In addition, we have deferred payments related to our fiscal 2015 and 2016 acquisitions of $2,075 in aggregate.

Legal Proceedings

We are not currently party to any material legal proceedings. Although we cannot predict with certainty the results of litigation and claims to which we may be subject from time to time, we do not expect the resolution of any of our current 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. We expense the costs relating to our legal proceedings as those costs are incurred.

Restructuring Charges

12 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Charges

On January 23, 2017, the Supervisory Board of Cimpress N.V. approved a plan to restructure the company and implement organizational changes that decentralized the company’s operations in order to improve accountability for customer satisfaction and capital returns, simplify decision-making, and improve the speed of execution. In order to enact the plan, we transferred approximately 3,000 team members that were part of central teams into our businesses. We also reduced the scope of certain other roles and functions that were previously performed centrally, which led to the termination of approximately 135 employees, and reduction of planned hiring in targeted areas. We also eliminated the positions of four Cimpress executive officers who, as a result, left the company.

The restructuring event discussed above resulted in additional costs, within our corporate and global functions cost center of $25,584 for the year ended June 30, 2017. In addition, for the year ended June 30, 2017 we recognized $1,116 of restructuring costs within our National Pen business related to a separate initiative. Restructuring costs include one-time employee termination benefits, acceleration of share-based compensation, and other related costs including third-party professional and outplacement services and abandonment of production equipment. We do not expect any material additional restructuring charges in future periods as it relates to these restructuring activities.

The restructuring charges included in our consolidated statement of operations for the years ended June 30, 2017, 2016 and 2015 within restructuring expense is $26,700, $381, and $3,202, respectively.

The following table summarizes the restructuring activity during the year ended June 30, 2017:



	Severance and Related Benefits			Other Restructuring Costs (1)			Total
Accrued restructuring liability as of June 30, 2016	$	—		$	—		$	—
Restructuring charges	24,020			2,680			26,700
Cash payments	(13,161		)	(1,861		)	(15,022		)
Non-cash charges (2)	(6,257		)	(611		)	(6,868		)
Accrued restructuring liability as of June 30, 2017	$	4,602		$	208		$	4,810

_____________________

(1) Includes restructuring charges for third party professional fees of $2,049, as well as $611 for the abandonment of production equipment which was not yet placed into service and under our decentralized operating model had no future use.

(2) Non-cash charges include acceleration of share-based compensation expenses, as well as abandonment charges for production equipment.

Quarterly Financial Data (unaudited)

12 Months Ended

Jun. 30, 2017

Quarterly Financial Data (unaudited) [Abstract]

Quarterly Financial Information [Text Block]

Quarterly Financial Data (unaudited)



Year Ended June 30, 2017	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
Revenue	$	443,713		$	576,851	$	550,585		$	564,256
Cost of revenue (1)	213,050			276,366		268,482			279,077
Net income (loss)	(30,030		)	35,022		(42,678		)	(34,513		)
Net income (loss) attributable to Cimpress N.V.	(29,103		)	35,028		(42,934		)	(34,702		)
Net income (loss) per share attributable to Cimpress N.V.:
Basic	$	(0.92	)	$	1.12	$	(1.38	)	$	(1.11	)
Diluted	$	(0.92	)	$	1.07	$	(1.38	)	$	(1.11	)



Year Ended June 30, 2016	First Quarter		Second Quarter		Third Quarter			Fourth Quarter
Revenue	$	375,748	$	496,274	$	436,817		$	479,205
Cost of revenue (1)	157,170		197,462		196,911			222,097
Net income (loss)	10,022		58,991		(35,771		)	17,169
Net income (loss) attributable to Cimpress N.V.	10,771		59,319		(32,671		)	16,930
Net income (loss) per share attributable to Cimpress N.V.:
Basic	$	0.33	$	1.89	$	(1.04	)	$	0.54
Diluted	$	0.32	$	1.81	$	(1.04	)	$	0.51

_____________________

(1) Cost of revenue as included within the quarterly financial data has been recast for all periods presented to reflect the change in presentation of amortization expense for acquired intangible assets. Refer to Note 2 for further information relating to this change in presentation.

Basic and diluted net income (loss) per share attributable to Cimpress N.V. 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.

Subsequent Events

12 Months Ended

Jun. 30, 2017

Subsequent Event [Line Items]

Subsequent Events [Text Block]

Subsequent Events

The following events occurred subsequent to June 30, 2017:


•	On July 13, 2017, we entered into an amendment to our senior secured credit facility. Refer to Note 10 for additional details.


•	On July 21, 2017, we entered into a definitive agreement to sell our Albumprinter business, including its FotoKnudsen subsidiary. Refer to Note 2 for additional details.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jun. 30, 2017

Accounting Policies [Abstract]

Basis of Presentation

Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]

Changes in Presentation of Financial Statements

Held for Sale Accounting Policy [Policy Text Block]

Assets and Liabilities Held for Sale



	June 30, 2017
Cash and cash equivalents	$	12,042
Accounts receivable, net	783
Inventory	498
Prepaid and other current assets	1,759
Software and web site development costs, net	2,702
Property, plant and equipment, net	9,735
Goodwill	13,540
Intangible assets, net	4,632
Other non-current assets	585
Total assets held for sale	$	46,276

Accounts payable	$	3,052
Accrued expenses	4,480
Deferred revenue	562
Deferred tax liabilities	703
Total liabilities held for sale	$	8,797

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

Marketable Securities, Policy [Policy Text Block]

Marketable Securities

Trade and Other Accounts Receivable, Policy [Policy Text Block]

Accounts Receivable

Inventory, Policy [Policy Text Block]

Inventories

Property, Plant and Equipment, Policy [Policy Text Block]

Property, Plant and Equipment

Internal Use Software, Policy [Policy Text Block]

Software and Web Site Development Costs

Lessee, Leases [Policy Text Block]

Leases

Business Insurance Recoveries [Text Block]

Insurance Recoveries

Intangible Assets, Finite-Lived, Policy [Policy Text Block]

Intangible Assets

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Long-Lived Assets

Business Combinations Policy [Policy Text Block]

Business Combinations

Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]

Goodwill

Debt, Policy [Policy Text Block]

Debt Issuance Costs

Derivatives, Reporting of Derivative Activity [Policy Text Block]

Derivative Financial Instruments

Mandatorily Redeemable Noncontrolling Interest [Policy Text Block]

Mandatorily Redeemable Noncontrolling Interest

Comprehensive Income, Policy [Policy Text Block]

Comprehensive (loss) Income

Treasury Shares Accounting Method [Policy Text Block]

Treasury Shares

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Costs Associated with Exit or Disposal Activities or Restructurings, Policy [Policy Text Block]

Restructuring

Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block]

Advertising Expense

Research and Development Expense, Policy [Policy Text Block]

Research and Development Expense

Income Tax, Policy [Policy Text Block]

Income Taxes

Foreign Currency Translation

Other Income (expense), net [Policy Text Block]

Other income, net

The following table summarizes the components of other income, net:



	Year Ended June 30,
	2017		2016		2015
Gains on derivatives not designated as hedging instruments (1)	$	936	$	14,026	$	9,317
Currency-related gains, net (2)	5,577		6,864		10,245
Other gains (3)	3,849		5,208		572
Total other income, net	$	10,362	$	26,098	$	20,134

_____________________

(1) Primarily relates to both realized and unrealized gains on derivative currency forward and option contracts not designated as hedging instruments.

Net Income Per Share

Net (Loss) Income Per Share Attributable to Cimpress N.V.

The following table sets forth the reconciliation of the weighted-average number of ordinary shares:



	Year Ended June 30,
	2017	2016	2015
Weighted average shares outstanding, basic	31,291,581	31,656,234	32,644,870
Weighted average shares issuable upon exercise/vesting of outstanding share options/RSUs/RSAs (1)	—	1,393,220	1,171,628
Shares used in computing diluted net (loss) income per share attributable to Cimpress N.V.	31,291,581	33,049,454	33,816,498
Weighted average anti-dilutive shares excluded from diluted net (loss) income per share attributable to Cimpress N.V.	21,978	35,725	289,356

_____________________

(1) In the periods in which a net loss is recognized, the impact of share options, RSUs, and RSAs is not included as they are anti-dilutive.

Share-Based Compensation

Compensated Absences Policy [Policy Text Block]

Sabbatical Leave

Concentration Risk, Credit Risk, Policy [Policy Text Block]

Concentrations of Credit Risk

Waltham and Lexington Lease Arrangements Disclosure [Text Block]

Waltham Lease Arrangement

Recently Issued or Adopted Accounting Pronouncements

New Accounting Standards Adopted

Issued Accounting Standards to be Adopted

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2017

Summary of Significant Accounting Policies [Abstract]

Disclosure of Long Lived Assets Held-for-sale [Table Text Block]

As of June 30, 2017, we have presented the Albumprinter disposal group as held for sale, resulting in the classification of all related assets and liabilities as held for sale in our consolidated balance sheet as follows:



	June 30, 2017
Cash and cash equivalents	$	12,042
Accounts receivable, net	783
Inventory	498
Prepaid and other current assets	1,759
Software and web site development costs, net	2,702
Property, plant and equipment, net	9,735
Goodwill	13,540
Intangible assets, net	4,632
Other non-current assets	585
Total assets held for sale	$	46,276

Accounts payable	$	3,052
Accrued expenses	4,480
Deferred revenue	562
Deferred tax liabilities	703
Total liabilities held for sale	$	8,797

Other Income [Table Text Block]

The following table summarizes the components of other income, net:



	Year Ended June 30,
	2017		2016		2015
Gains on derivatives not designated as hedging instruments (1)	$	936	$	14,026	$	9,317
Currency-related gains, net (2)	5,577		6,864		10,245
Other gains (3)	3,849		5,208		572
Total other income, net	$	10,362	$	26,098	$	20,134

_____________________

(1) Primarily relates to both realized and unrealized gains on derivative currency forward and option contracts not designated as hedging instruments.

Schedule of Weighted Average Number of Shares [Table Text Block]

The following table sets forth the reconciliation of the weighted-average number of ordinary shares:



	Year Ended June 30,
	2017	2016	2015
Weighted average shares outstanding, basic	31,291,581	31,656,234	32,644,870
Weighted average shares issuable upon exercise/vesting of outstanding share options/RSUs/RSAs (1)	—	1,393,220	1,171,628
Shares used in computing diluted net (loss) income per share attributable to Cimpress N.V.	31,291,581	33,049,454	33,816,498
Weighted average anti-dilutive shares excluded from diluted net (loss) income per share attributable to Cimpress N.V.	21,978	35,725	289,356

_____________________

(1) In the periods in which a net loss is recognized, the impact of share options, RSUs, and RSAs is not included as they are anti-dilutive.

Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value of available for sale securities

The following table summarizes our investments in marketable securities:



	June 30, 2016
	Amortized Cost Basis (2)		Unrealized gain		Estimated Fair Value
Available-for-sale securities
Plaza Create Co. Ltd. common shares (1)	$	4,405	$	3,488	$	7,893
Total investments in available-for-sale securities	$	4,405	$	3,488	$	7,893

________________________

(1) On December 22, 2016, we sold all available-for-sale securities held in Plaza Create Co. Ltd recognizing a gain of $2,268 as a part of other income, net, for the year ended June 30, 2017.

(2) Amortized cost basis represents our initial investment adjusted for currency translation.

Fair value of financial assets

The following tables summarize our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy:



	June 30, 2017
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets
Interest rate swap contracts	$	1,717		$	—	$	1,717		$	—
Total assets recorded at fair value	$	1,717		$	—	$	1,717		$	—

Liabilities
Interest rate swap contracts	$	(483	)	$	—	$	(483	)	$	—
Cross-currency swap contracts	(19,760		)	—		(19,760		)	—
Currency forward contracts	(14,700		)	—		(14,700		)	—
Currency option contracts	(651		)	—		(651		)	—
Contingent consideration	(5,453		)	—		—			(5,453		)
Total liabilities recorded at fair value	$	(41,047	)	$	—	$	(35,594	)	$	(5,453	)



	June 30, 2016
	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets
Available-for-sale securities	$	7,893		$	7,893	$	—		$	—
Currency forward contracts	9,821			—		9,821			—
Total assets recorded at fair value	$	17,714		$	7,893	$	9,821		$	—

Liabilities
Interest rate swap contracts	$	(2,180	)	$	—	$	(2,180	)	$	—
Cross-currency swap contracts	(8,850		)	—		(8,850		)	—
Currency forward contracts	(315		)	—		(315		)	—
Contingent consideration	(1,212		)	—		—			(1,212		)
Total liabilities recorded at fair value	$	(12,557	)	$	—	$	(11,345	)	$	(1,212	)

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table represents the changes in fair value of Level 3 contingent consideration:



	Total Contingent Consideration
Balance at June 30, 2015 (1)	$	7,833
Fair value at acquisition date	1,185
Cash payments (2)	(7,819		)
Foreign currency impact	13
Balance at June 30, 2016 (1)	$	1,212
Fair value adjustment	4,030
Foreign currency impact	211
Balance at June 30, 2017 (1)	$	5,453

_____________________

(1) Classified as a current liability as of June 30, 2015, long-term liability as of June 30, 2016 and current liability as of June 30, 2017 on the consolidated balance sheet.

(2) Payments during the year ended June 30, 2016, included $7,819 for the Printdeal earn-out arrangement.

Derivative Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments [Table Text Block]



Notional Amount	Effective Date	Maturity Date	Number of Instruments	Index
$349,280	March 2016 through June 2017	Various dates through December 2018	481	Various

As of June 30, 2017, we had five outstanding interest rate swap contracts indexed to one-month LIBOR. These instruments were designated as cash flow hedges of interest rate risk and have varying start dates and maturity dates through June 2024.



Interest rate swap contracts outstanding:	Notional Amounts
Contracts accruing interest as of June 30, 2017	$	60,000
Contracts with a future start date	140,000
Total	$	200,000

Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the fair value of our derivative financial instruments as well as their classification on the balance sheet as of June 30, 2017 and June 30, 2016:



	June 30, 2017
	Asset Derivatives								Liability Derivatives
Derivatives designated as hedging instruments	Balance Sheet line item	Gross amounts of recognized assets		Gross amount offset in consolidated balance sheet			Net amount		Balance Sheet line item	Gross amounts of recognized liabilities			Gross amount offset in consolidated balance sheet		Net amount
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	Other non-current assets	$	2,072	$	(355	)	$	1,717	Other current liabilities / other liabilities	$	(483	)	$	—	$	(483	)
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(7,640		)	—		(7,640		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(12,120		)	—		(12,120		)
Currency forward contracts	Other non-current assets	—		—			—		Other liabilities	(9,896		)	—		(9,896		)
Total derivatives designated as hedging instruments		$	2,072	$	(355	)	$	1,717		$	(30,139	)	$	—	$	(30,139	)

Derivatives not designated as hedging instruments
Currency forward contracts	Other current assets / other assets	$	—	$	—		$	—	Other current liabilities / other liabilities	$	(8,033	)	$	3,229	$	(4,804	)
Currency option contracts	Other current assets / other assets	—		—			—		Other current liabilities / other liabilities	(651		)	—		(651		)
Total derivatives not designated as hedging instruments		$	—	$	—		$	—		$	(8,684	)	$	3,229	$	(5,455	)



	June 30, 2016
	Asset Derivatives								Liability Derivatives
Derivatives designated as hedging instruments	Balance Sheet line item	Gross amounts of recognized assets		Gross amount offset in consolidated balance sheet			Net amount		Balance Sheet line item	Gross amounts of recognized liabilities			Gross amount offset in consolidated balance sheet		Net amount
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	Other non-current assets	$	—	$	—		$	—	Other current liabilities / other liabilities	$	(2,180	)	$	—	$	(2,180	)
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(2,080		)	—		(2,080		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	Other non-current assets	—		—			—		Other liabilities	(6,770		)	—		(6,770		)
Currency forward contracts	Other non-current assets	—		—			—		Other liabilities	(165		)	—		(165		)
Total derivatives designated as hedging instruments		$	—	$	—		$	—		$	(11,195	)	$	—	$	(11,195	)

Derivatives not designated as hedging instruments
Currency forward contracts	Other current assets	$	10,748	$	(927	)	$	9,821	Other current liabilities	$	(508	)	$	358	$	(150	)
Total derivatives not designated as hedging instruments		$	10,748	$	(927	)	$	9,821		$	(508	)	$	358	$	(150	)

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net



Derivatives in Hedging Relationships	Amount of Gain (Loss) Recognized in Comprehensive (Loss) Income on Derivatives (Effective Portion)
	Year Ended June 30,
In thousands	2017			2016			2015
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	$	2,287		$	(1,736	)	$	(1,417	)
Cross-currency swaps	(3,584		)	(769		)	(7,779		)
Derivatives in Net Investment Hedging Relationships
Cross-currency swaps	(3,721		)	2,951			—
Currency forward contracts	(8,362		)	(81		)	—
	$	(13,380	)	$	365		$	(9,196	)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table presents reclassifications out of accumulated other comprehensive loss for the years ended June 30, 2017, 2016 and 2015:



Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss to Net (loss) Income									Affected line item in the Statement of Operations
	Year Ended June 30,
In thousands	2017			2016			2015
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps	$	(205	)	$	(947	)	$	(1,087	)	Interest expense, net
Cross-currency swaps	(1,621		)	(1,171		)	—			Other income, net
Total before income tax	(1,826		)	(2,118		)	(1,087		)	(Loss) income before income taxes
Income tax	457			531			272			Income tax (benefit) provision
Total	$	(1,369	)	$	(1,587	)	$	(815	)

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]



	Amount of Gain (Loss) Recognized in Net (loss) Income								Location of Gain (Loss) Recognized in Income (Ineffective Portion)
	Year Ended June 30,
In thousands	2017		2016			2015
Derivatives not designated as hedging instruments
Currency contracts	$	663	$	14,037		$	9,370		Other income, net
Interest rate swaps	273		(11		)	(53		)	Other income, net
	$	936	$	14,026		$	9,317

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41678-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41638-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579240-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41620-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Jun. 30, 2017

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)



	Gains (losses) on cash flow hedges (1)			Gains (losses) on available for sale securities			Gains (losses) on pension benefit obligation			Translation adjustments, net of hedges (2)			Total
Balance as of June 30, 2014	$	(803	)	$	9,246		$	(2,724	)	$	(3,606	)	$	2,113
Other comprehensive (loss) income before reclassifications	(1,417		)	(6,275		)	(388		)	(93,757		)	(101,837		)
Amounts reclassified from accumulated other comprehensive (loss) income to net income	815			—			—			—			815
Net current period other comprehensive (loss) income	(602		)	(6,275		)	(388		)	(93,757		)	(101,022		)
Balance as of June 30, 2015	(1,405		)	2,971			(3,112		)	(97,363		)	(98,909		)
Other comprehensive income (loss) before reclassifications	(2,504		)	517			561			(9,267		)	(10,693		)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income	1,587			—			—			—			1,587
Net current period other comprehensive income (loss)	(917		)	517			561			(9,267		)	(9,106		)
Balance as of June 30, 2016	(2,322		)	3,488			(2,551		)	(106,630		)	(108,015		)
Other comprehensive income (loss) before reclassifications	(1,297		)	(5,756		)	2,194			(4,161		)	(9,020		)
Amounts reclassified from accumulated other comprehensive loss to net (loss) income	1,369			2,268			—			—			3,637
Net current period other comprehensive income (loss)	72			(3,488		)	2,194			(4,161		)	(5,383		)
Balance as of June 30, 2017	$	(2,250	)	$	—		$	(357	)	$	(110,791	)	$	(113,398	)

________________________

(1) Gains (losses) on cash flow hedges include our interest rates swap and cross-currency swap contracts designated in cash flow hedging relationships.

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant, and equipment, net consists of the following:



		June 30,
	Estimated useful lives	2017			2016
Land improvements	10 years	$	2,235		$	2,137
Building and building improvements	10 - 35 years	319,822			300,558
Machinery and production equipment	4 - 10 years	274,813			270,835
Machinery and production equipment under capital lease	4 - 10 years	54,673			46,498
Computer software and equipment	3 - 5 years	165,812			148,853
Furniture, fixtures and office equipment	5 - 7 years	41,612			25,574
Leasehold improvements	Shorter of lease term or expected life of the asset	51,582			40,203
Construction in progress		12,240			5,910
		922,789			840,568
Less accumulated depreciation, inclusive of assets under capital lease		(443,273		)	(379,077		)
		479,516			461,491
Land		32,431			31,672
Property, plant, and equipment, net		$	511,947		$	493,163

Business Combinations (Tables)

12 Months Ended

Feb. 01, 2016

Apr. 15, 2015

Jun. 30, 2017

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The table below details the consideration transferred to acquire WIRmachenDRUCK:



Cash consideration	$	152,100
Cimpress N.V. shares transferred	8,810
Fair value of contingent consideration	1,185
Total consideration	$	162,095

The table below details the consideration transferred to acquire Exagroup:



Cash paid	$	97,012
Working capital and debt adjustment	4,832
Total consideration	$	101,844

The table below details the consideration transferred to acquire National Pen:

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The fair value of the assets acquired and liabilities assumed was:



	Amount			Weighted Average Useful Life in Years
Tangible assets acquired and liabilities assumed
Cash and cash equivalents	$	15,220		n/a
Other current assets	5,231			n/a
Other non-current assets	1,259			n/a
Accounts payable and other current liabilities	(17,566		)	n/a
Deferred tax liability	(26,863		)	n/a
Identifiable intangible assets:
Customer relationships	24,952			7
Trade name	24,952			15
Print network	23,867			9
Referral network	10,849			7
Developed technology	8,679			3
Goodwill	91,515			n/a
Total purchase price	$	162,095

The fair value of the assets acquired and liabilities assumed was:



				Weighted Average
	Amount			Useful Life in Years
Tangible assets acquired and liabilities assumed:
Cash and cash equivalents	$	18,991		n/a
Other current assets (1)	14,318			n/a
Non-current assets	18,711			n/a
Accounts payable and other current liabilities	(21,008		)	n/a
Deferred tax liability	(21,655		)	n/a
Other long term liabilities	(9,966		)	n/a
Identifiable intangible assets:
Customer relationships	35,434			7-9
Trade name	11,900			10-14
Developed technology	9,669			3
Noncontrolling interest	(43,354		)
Goodwill (2)	88,804			n/a
Total purchase price	$	101,844

__________________

(1) Includes real estate assets classified as held for sale of $1,971.

(2) Refer to Note 8 for discussion of the goodwill impairment loss recognized for the Exagroup reporting unit during the year ended June 30, 2016 of $30,841.

The fair value of the assets acquired and liabilities assumed was:



	Amount			Weighted Average Useful Life in Years
Tangible assets acquired and liabilities assumed (1):
Cash and cash equivalents	$	8,337		n/a
Accounts receivable, net	20,921			n/a
Inventory	19,854			n/a
Other current assets	11,281			n/a
Property, plant and equipment, net	29,472			n/a
Other non-current assets	1,270			n/a
Accounts payable	(12,590		)	n/a
Accrued expenses	(17,805		)	n/a
Other current liabilities	(908		)	n/a
Deferred tax liabilities (2)	(3,255		)	n/a
Long-term liabilities	(9,665		)	n/a
Identifiable intangible assets:
Developed Technology	19,000			6
Trade Name	33,000			11
Customer Relationships	56,000			7
Goodwill (2)	57,720			n/a
Total purchase price	$	212,632

(2) During the fourth quarter of fiscal 2017 we recorded adjustments, which resulted in a measurement period adjustment of $13,770 between deferred tax liabilities and goodwill.

Business Acquisition, Pro Forma Information [Table Text Block]

The unaudited pro forma results are not necessarily indicative of what actually would have occurred had the acquisition been in effect for the periods presented as the pre-acquisition results include revenue and profit related to certain operations that are no longer active:



	Year Ended June 30,
	2017			2016
Pro forma revenue	$	2,294,347		$	2,060,426
Pro forma net (loss) income attributable to Cimpress N.V.	(71,084		)	41,370

Goodwill and Acquired Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The carrying amount of goodwill by reportable segment as of June 30, 2017 and 2016 is as follows:



	Vistaprint			Upload and Print			National Pen			All Other Businesses			Total
Balance as of June 30, 2015	$	124,636		$	250,487		$	—		$	25,506		$	400,629
Acquisitions (1)	—			101,379			—			—			101,379
Impairments (2)	—			(30,841		)	—			—			(30,841		)
Adjustments	—			(720		)	—			—			(720		)
Effect of currency translation adjustments (5)	(2,884		)	(932		)	—			(626		)	(4,442		)
Balance as of June 30, 2016	$	121,752		$	319,373		$	—		$	24,880		$	466,005
Acquisitions (1)	—			—			57,720			—			57,720
Impairments (2)	—			(6,345		)	—			—			(6,345		)
Adjustments (3)(4)	23,200			(228		)	(23,200		)	(13,540		)	(13,768		)
Effect of currency translation adjustments (5)	2,255			9,005			—			91			11,351
Balance as of June 30, 2017	$	147,207		$	321,805		$	34,520		$	11,431		$	514,963

_________________

(1) Refer to Note 7 for additional details related to our acquisitions.

(2) During fiscal 2017 and 2016 we recorded impairment charges of $6,345 and $30,841, respectively, related to our Tradeprint and Exagroup reporting units. See below for additional details.

(5) Relates to goodwill held by subsidiaries whose functional currency is not the U.S. Dollar.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Acquired Intangible Assets



	June 30, 2017							June 30, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trade name	$	97,728	$	(14,839	)	$	82,889	$	72,806	$	(13,391	)	$	59,415
Developed technology	55,423		(28,943		)	26,480		44,694		(25,490		)	19,204
Customer relationships	179,715		(44,475		)	135,240		146,506		(43,525		)	102,981
Customer network and other	16,291		(6,185		)	10,106		15,974		(3,896		)	12,078
Print network	25,171		(3,962		)	21,209		24,423		(1,131		)	23,292
Total intangible assets	$	374,328	$	(98,404	)	$	275,924	$	304,403	$	(87,433	)	$	216,970

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated intangible assets amortization expense for each of the five succeeding fiscal years is as follows:



2018	$	48,340
2019	42,126
2020	37,630
2021	37,525
2022	35,996
	$	201,617

Other Balance Sheet Components (Tables)

12 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses included the following:



	June 30, 2017		June 30, 2016
Compensation costs	$	54,487	$	59,207
Income and indirect taxes	34,469		39,802
Advertising costs	26,641		26,372
Interest payable	5,263		5,172
Shipping costs	6,651		6,843
Production costs	7,472		3,251
Sales returns	4,474		2,882
Purchases of property, plant and equipment	3,786		4,614
Professional costs	3,021		1,543
Other	29,303		29,301
Total accrued expenses (1)	$	175,567	$	178,987

_____________________

Other Current Liabilities [Table Text Block]

Other current liabilities included the following:



	June 30, 2017		June 30, 2016
Contingent earn-out liability (2)	$	44,049	$	—
Current portion of lease financing obligation	12,569		12,569
Current portion of capital lease obligations	11,573		8,011
Short-term derivative liabilities	7,243		1,681
Mandatorily redeemable noncontrolling interest (3)	901		—
Other	2,100		374
Total other current liabilities	$	78,435	$	22,635

Schedule of Other Assets and Other Liabilities [Table Text Block]

Other liabilities included the following:



	June 30, 2017		June 30, 2016
Contingent earn-out liability (2)	$	—	$	3,146
Long-term capital lease obligations	28,306		21,318
Long-term derivative liabilities	31,936		10,949
Mandatorily redeemable noncontrolling interest (3)	2,456		—
Other (4)	31,985		24,760
Total other liabilities (5)	$	94,683	$	60,173

_____________________

(3) Relates to the mandatorily redeemable noncontrolling interest of Printi LLC. Refer to Note 15 for additional details.

(4) Other liabilities includes $8,713 related to share-based compensation awards associated with our investment in Printi LLC. Refer to Note 15 for additional details.

Shareholders' Equity (Tables)

12 Months Ended

Jun. 30, 2017

Shareholders' Equity [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

We did not grant any share options in fiscal 2017. Weighted-average values used for option awards in fiscal 2016 and 2015 were as follows:



	Year Ended June 30,
	2016			2015
Risk-free interest rate	1.84		%	1.67		%
Expected dividend yield	—		%	—		%
Expected term (years)	6.00			6.00
Expected volatility	47		%	50		%
Weighted average fair value of options granted	$	38.18		$	35.84

Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of our share option activity and related information for the year ended June 30, 2017 is as follows:



	Shares Pursuant to Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding at the beginning of the period	2,659,991		$	45.21	3.3
Granted	—		—
Exercised	(495,763	)	38.62
Forfeited/expired	(25,802	)	50.00
Outstanding at the end of the period	2,138,426		$	46.68	2.6	$	102,321
Vested or expected to vest at the end of the period	2,138,426		$	46.68	2.6	$	102,321
Exercisable at the end of the period	1,869,762		$	46.08	2.5	$	90,584

Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]

A summary of our PSU activity and related information for the fiscal year ended June 30, 2017 is as follows:



	PSUs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Outstanding at the beginning of the period	—		$	—
Granted	441,985		123.51
Vested and distributed	—		—
Forfeited	(66,947	)	126.03
Outstanding at the end of the period	375,038		$	123.06	$	35,452

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

A summary of our RSU activity and related information for the fiscal year ended June 30, 2017 is as follows:



	RSUs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Unvested at the beginning of the period	600,075		$	67.77
Granted	25,620		97.25
Vested and distributed	(234,804	)	61.00
Forfeited	(56,521	)	69.07
Unvested at the end of the period	334,370		$	74.57	$	31,608

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of our RSA activity and related information for the fiscal year ended June 30, 2017 is as follows:



	RSAs		Weighted- Average Grant Date Fair Value		Aggregate Intrinsic Value
Unvested at the beginning of the period	81,633		$	68.41
Granted	—		—
Vested and distributed	(69,196	)	87.33
Forfeited	—		—
Unvested at the end of the period	12,437		$	64.53	$	1,176

Income Taxes (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The following is a summary of our (loss) income before income taxes by geography:



	Year Ended June 30,
	2017			2016		2015
U.S.	$	13,390		$	23,057	$	21,567
Non-U.S.	(92,707		)	43,038		78,186
Total	$	(79,317	)	$	66,095	$	99,753

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the (benefit) provision for income taxes are as follows:



	Year Ended June 30,
	2017			2016			2015
Current:
U.S. Federal	$	(1,144	)	$	7,915		$	12,680
U.S. State	1,344			116			2,313
Non-U.S.	26,191			23,164			12,496
Total current	26,391			31,195			27,489
Deferred:
U.S. Federal	(1,999		)	(2,353		)	(4,505		)
U.S. State	(1,497		)	13			(1,070		)
Non-U.S.	(30,013		)	(13,171		)	(11,473		)
Total deferred	(33,509		)	(15,511		)	(17,048		)
Total	$	(7,118	)	$	15,684		$	10,441

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the standard U.S. federal statutory tax rate and our effective tax rate:



	Year Ended June 30,
	2017		2016		2015
U.S. federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal effect	(0.1	)	0.1		0.8
Tax rate differential on non-U.S. earnings	(15.5	)	(35.7	)	(23.8	)
Impact of goodwill impairment charge	(1.6	)	16.1		—
Compensation related items	7.4		(2.2	)	0.8
Change in valuation allowance	(21.9	)	26.9		8.0
Nondeductible acquisition-related payments	(18.0	)	4.0		4.0
Notional interest deduction (Italy)	5.0		(5.3	)	(2.5	)
Net tax benefit on intellectual property transfer	13.8		(17.7	)	(12.2	)
Tax on unremitted earnings	(1.3	)	4.3		0.2
Tax credits and incentives	7.1		(4.0	)	(1.7	)
Other	(0.9	)	2.2		1.9
Effective income tax rate	9.0	%	23.7	%	10.5	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of our deferred income tax assets and liabilities consisted of the following at June 30, 2017 and 2016:



	Year Ended June 30,
	2017			2016
Deferred tax assets:
Net operating loss carryforwards	$	85,728		$	52,469
Depreciation and amortization	2,331			999
Accrued expenses	6,478			4,387
Share-based compensation	20,999			17,017
Credit and other carryforwards	2,688			953
Derivative financial instruments	7,121			2,799
Other	3,060			2,923
Subtotal	128,405			81,547
Valuation allowance	(56,953		)	(35,429		)
Total deferred tax assets	71,452			46,118
Deferred tax liabilities:
Depreciation and amortization	(71,477		)	(75,390		)
IP installment obligation	(6,460		)	(9,608		)
Tax on unremitted earnings	(4,374		)	(3,233		)
Other	(1,880		)	(1,223		)
Total deferred tax liabilities	(84,191		)	(89,454		)
Net deferred tax liabilities	$	(12,739	)	$	(43,336	)

Summary of Valuation Allowance [Table Text Block]

A reconciliation of the beginning and ending amount of the valuation allowance for the year ended June 30, 2017 is as follows:



Balance at June 30, 2016	$	35,429
Charges to earnings (1)	16,674
Charges to other accounts (2)	4,850
Balance at June 30, 2017	$	56,953

_________________

(1) Amount is primarily related to non-U.S. net operating losses.

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the gross beginning and ending amount of unrecognized tax benefits is as follows:



Balance June 30, 2015	$	5,710
Additions based on tax positions related to the current tax year	328
Additions based on tax positions related to prior tax years	132
Reductions based on tax positions related to prior tax years	(363		)
Reductions due to audit settlements	(1,129		)
Reductions due to lapse of statute of limitations	(429		)
Balance June 30, 2016	$	4,249
Additions based on tax positions related to the current tax year	632
Additions based on tax positions related to prior tax years	1,580
Reductions based on tax positions related to prior tax years	(30		)
Reductions due to audit settlements	(1,048		)
Balance June 30, 2017	$	5,383

Noncontrolling interest (Tables)

12 Months Ended

Jun. 30, 2017

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]

The following table presents the reconciliation of changes in our noncontrolling interests:



	Redeemable noncontrolling interests			Noncontrolling interest
Balance as of June 30, 2015	$	57,738		$	512
Capital contribution from noncontrolling interest	5,141			—
Accretion to redemption value recognized in retained earnings (1)	4,919			—
Accretion to redemption value recognized in net loss attributable to noncontrolling interest (2)	7,985			—
Adjustment to noncontrolling interest	—			(74		)
Net loss attributable to noncontrolling interest	(11,840		)	(83		)
Dividend paid to noncontrolling interest	(368		)	—
Foreign currency translation	1,726			(4		)
Balance as of June 30, 2016	$	65,301		$	351
Capital contribution from noncontrolling interest	1,404			—
Accretion to redemption value recognized in net loss attributable to noncontrolling interest (2)	372			—
Net (loss) income attributable to noncontrolling interest	(864		)	4
Purchase of noncontrolling interests (3)	(20,299		)	—
Sale of noncontrolling interest	—			(90		)
Foreign currency translation	(502		)	(52		)
Balance as of June 30, 2017	$	45,412		$	213

__________________

(3) During fiscal 2017, we purchased the Pixartprinting and Japanese joint venture noncontrolling interests for $10,947 and $9,352, respectively.

Segment Information (Tables)

12 Months Ended

Jun. 30, 2017

Segment Reporting, Revenue Reconciling Item [Line Items]

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

The following tables set forth revenue, adjusted net operating profit (loss) by reportable segment, total (loss) income from operations and total (loss) income before taxes.



	Year Ended June 30,
	2017		2016		2015
Revenue:
Vistaprint	$	1,305,285	$	1,217,162	$	1,149,706
Upload and Print	588,613		432,638		197,075
National Pen	112,712		—		—
All Other Businesses	128,795		138,244		147,425
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]



	Year Ended June 30,
	2017			2016			2015
Adjusted net operating profit (loss) by segment:
Vistaprint	$	165,193		$	213,027		$	193,048
Upload and Print	63,833			58,643			23,511
National Pen	(2,225		)	—			—
All Other Businesses	(30,747		)	(8,924		)	10,699
Total adjusted net operating profit (loss) by segment	196,054			262,746			227,258
Corporate and global functions	(116,803		)	(96,592		)	(84,622		)
Acquisition-related amortization and depreciation	(46,402		)	(40,834		)	(24,265		)
Earn-out related charges (1)	(40,384		)	(6,378		)	(15,276		)
Share-based compensation related to investment consideration	(9,638		)	(4,835		)	(3,569		)
Certain impairments (2)	(9,556		)	(41,820		)	—
Restructuring related charges	(26,700		)	(381		)	(3,202		)
Interest expense for Waltham lease	7,727			6,287			—
Total (loss) income from operations	(45,702		)	78,193			96,324
Other income, net	10,362			26,098			20,134
Interest expense, net	(43,977		)	(38,196		)	(16,705		)
(Loss) income before income taxes	$	(79,317	)	$	66,095		$	99,753

___________________

(1) Includes expense recognized for the change in fair value of contingent consideration and compensation expense related to cash-based earn-out mechanisms dependent upon continued employment.

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]



	Year Ended June 30,
	2017		2016		2015
Depreciation and amortization:
Vistaprint	$	63,923	$	40,686	$	40,075
Upload and Print	56,073		47,696		24,539
National Pen	10,269		—		—
All Other Businesses	15,074		18,111		15,258
Corporate and global functions	13,061		25,425		17,628
Total depreciation and amortization	$	158,400	$	131,918	$	97,500

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

The following tables set forth revenues by geographic area and groups of similar products and services:



	Year Ended June 30,
	2017		2016		2015
United States	$	901,061	$	781,335	$	718,072
Germany (1)	256,069		125,356		54,129
Other (2)	978,275		881,353		722,005
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206

Revenue from External Customers by Products and Services [Table Text Block]



	Year Ended June 30,
	2017		2016		2015
Physical printed products and other (3)	$	2,076,564	$	1,724,676	$	1,423,110
Digital products/services	58,841		63,368		71,096
Total revenue	$	2,135,405	$	1,788,044	$	1,494,206

__________________

(2) Our other revenue includes the Netherlands, our country of domicile.

(3) Other revenue includes miscellaneous items which account for less than 1% of revenue.

Revenues and long-lived assets by geographic area

The following tables set forth long-lived assets by geographic area:



	June 30, 2017		June 30, 2016
Long-lived assets (4):
Canada	$	85,926	$	89,888
Netherlands	83,223		91,053
United States	64,034		32,977
Switzerland	49,017		38,501
Italy	44,423		34,086
Australia	22,961		24,358
France	22,794		24,561
Jamaica	21,492		22,604
Japan	20,686		23,213
Other	64,377		53,059
Total	$	478,933	$	434,300

___________________

Commitments and Contingencies Disclosure (Tables)

12 Months Ended

Jun. 30, 2017

Operating Leased Assets [Line Items]

Lease, Cost [Table Text Block]



	Operating lease obligations		Build-to-suit lease obligation (1)		Capital lease obligation		Total lease obligations
2018	$	13,344	$	12,569	$	13,916	$	39,829
2019	9,446		12,569		10,721		32,736
2020	8,893		12,569		7,590		29,052
2021	7,426		12,569		3,992		23,987
2022	4,522		12,569		1,838		18,929
Thereafter	6,512		46,403		3,253		56,168
Total	$	50,143	$	109,248	$	41,310	$	200,701

__________

(1) Minimum payments relate to our Waltham lease obligation, refer to Note 2 for additional details.

Required Principal Payments (Tables)

12 Months Ended

Jun. 30, 2017

Unrecorded Unconditional Purchase Obligation [Line Items]

Recorded Unconditional Purchase Obligations [Table Text Block]

The required principal payments due during the next five years and thereafter under our outstanding long-term debt obligations at June 30, 2017 are as follows:



2018	$	30,542
2019	79,452
2020	494,809
2021	1,184
2022	768
Thereafter	275,823
Total	$	882,578

Restructuring Charges (Tables)

12 Months Ended

Jun. 30, 2017

Restructuring and Related Costs [Table Text Block]

The following table summarizes the restructuring activity during the year ended June 30, 2017:



	Severance and Related Benefits			Other Restructuring Costs (1)			Total
Accrued restructuring liability as of June 30, 2016	$	—		$	—		$	—
Restructuring charges	24,020			2,680			26,700
Cash payments	(13,161		)	(1,861		)	(15,022		)
Non-cash charges (2)	(6,257		)	(611		)	(6,868		)
Accrued restructuring liability as of June 30, 2017	$	4,602		$	208		$	4,810

_____________________

(2) Non-cash charges include acceleration of share-based compensation expenses, as well as abandonment charges for production equipment.

Quarterly Financial Data (unaudited) (Tables)

12 Months Ended

Jun. 30, 2017

Quarterly Financial Data (unaudited) [Abstract]

Quarterly Financial Information [Table Text Block]

Quarterly Financial Data (unaudited)



Year Ended June 30, 2017	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
Revenue	$	443,713		$	576,851	$	550,585		$	564,256
Cost of revenue (1)	213,050			276,366		268,482			279,077
Net income (loss)	(30,030		)	35,022		(42,678		)	(34,513		)
Net income (loss) attributable to Cimpress N.V.	(29,103		)	35,028		(42,934		)	(34,702		)
Net income (loss) per share attributable to Cimpress N.V.:
Basic	$	(0.92	)	$	1.12	$	(1.38	)	$	(1.11	)
Diluted	$	(0.92	)	$	1.07	$	(1.38	)	$	(1.11	)



Year Ended June 30, 2016	First Quarter		Second Quarter		Third Quarter			Fourth Quarter
Revenue	$	375,748	$	496,274	$	436,817		$	479,205
Cost of revenue (1)	157,170		197,462		196,911			222,097
Net income (loss)	10,022		58,991		(35,771		)	17,169
Net income (loss) attributable to Cimpress N.V.	10,771		59,319		(32,671		)	16,930
Net income (loss) per share attributable to Cimpress N.V.:
Basic	$	0.33	$	1.89	$	(1.04	)	$	0.54
Diluted	$	0.32	$	1.81	$	(1.04	)	$	0.51

_____________________

Summary of Significant Accounting Policies (Details Textuals) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Sep. 30, 2017

Restricted Cash and Cash Equivalents

$ 520

$ 409

Marketable Securities, Realized Gain (Loss)

2,268

$ 0

Capitalized Computer Software, Amortization

24,571

14,355

8,666

Capitalized Computer Software, Accumulated Amortization

59,554

34,737

Proceeds from Insurance Settlement, Operating Activities

829

11,943

Insurance Recoveries

3,947

Gain on Business Interruption Insurance Recovery

298

Debt Issuance Costs, Line of Credit Arrangements, Net

2,408

10,979

229

151

Amortization of Debt Issuance Costs

1,578

1,588

1,272

Unamortized Debt Issuance Expense

5,661

7,010

Advertising Expense

363,936

305,701

286,132

Deferred Advertising Costs

4,861

Research and Development Expense

51,811

35,449

30,849

Foreign Currency Transaction Gain (Loss), Realized

5,577

^[1]

6,864

^[1]

10,245

Other Nonoperating Gains (Losses)

3,849

^[2]

5,208

^[2]

572

Other income, net

10,362

26,098

20,134

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

$ 936

^[3]

$ 14,026

$ 9,317

Weighted average shares outstanding — basic

31,291,581

31,656,234

32,644,870

Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements

^[4]

1,393,220

^[4]

1,171,628

Weighted average shares outstanding — diluted

31,291,581

33,049,454

33,816,498

Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount

21,978

35,725

289,356

$ 511,947

$ 493,163

Waltham Lease [Member]

Cost of Goods, Total [Member]

116,045

120,168

Other Liabilities

119,176

122,801

Proceeds from Insurance Settlement, Operating Activities

7,996

Gain on Business Interruption Insurance Recovery

141

2,634

Technology and development expense

1,119

678

Other Income [Member]

Proceeds from Insurance Settlement, Operating Activities

3,947

Gain on Business Interruption Insurance Recovery

$ 157

$ 811

Sales Revenue, Net [Member]

$ 611

Concentration Risk, Percentage

10.00%

Accounts Receivable [Member]

Concentration Risk, Percentage

10.00%

Prepaid Expenses and Other Current Assets [Member]

Cumulative Effect of New Accounting Principle in Period of Adoption

$ 25,000

Valuation Allowance of Deferred Tax Assets [Member]

Cumulative Effect of New Accounting Principle in Period of Adoption

19,000

Retained Earnings [Member]

Cumulative Effect of New Accounting Principle in Period of Adoption

$ 6,000

Foreign Exchange Forward [Member]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

$ 663

$ 14,037

$ 9,370

Cross Currency Interest Rate Contract [Member]

Unrealized Gain (Loss) on Cash Flow Hedging Instruments

$ 3,737

$ 1,991

[1]	We have significant non-functional currency intercompany financing relationships subject to currency exchange rate volatility and the net currency-related gains for the years ended June 30, 2017, 2016 and 2015 are primarily driven by this intercompany activity. In addition, we have certain cross-currency swaps designated as cash flow hedges, which hedge against the remeasurement of certain intercompany loans, both presented in the same component above. Includes unrealized losses of $3,737 and $1,991 for the years ended June 30, 2017 and 2016, respectively, related to cross currency swaps designated as cash-flow hedges. We did not have any cross currency swap activity designated as cash flow hedges during fiscal 2015.
[2]	The gain recognized during the year ended June 30, 2017, primarily relates to the gain on the sale of Plaza Create Co. Ltd. available-for-sale securities of $2,268. During the year ended June 30, 2016, other gains were primarily related to insurance recoveries of $3,947.
[3]	Primarily relates to both realized and unrealized gains on derivative currency forward and option contracts not designated as hedging instruments.
[4]	In the periods in which a net loss is recognized, the impact of share options, RSUs, and RSAs is not included as they are anti-dilutive.

Assets Held for Sale (Details) $ in Thousands	Jul. 21, 2017 EUR (€)	Jun. 30, 2017 USD ($)
Assets and Liabilities Held for Sale [Abstract]
Proceeds from Divestiture of Businesses \| €	€ 92,000
Assets and Liabilities of Businesses Held for Sale [Line Items]
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		$ 12,042
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net		783
Disposal Group, Including Discontinued Operation, Inventory, Current		498
Disposal Group, Including Discontinued Operation, Other Assets, Current		1,759
Disposal Group, Including Discontinued Operations, Software and web site development costs, net		2,702
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment		9,735
Disposal Group, Including Discontinued Operation, Goodwill		13,540
Disposal Group, Including Discontinued Operation, Intangible Assets		4,632
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent		585
Disposal Group, Including Discontinued Operation, Assets		46,276
Disposal Group, Including Discontinued Operation, Accounts Payable, Current		3,052
Disposal Group, Including Discontinued Operation, Accrued Liabilities, Current		4,480
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		562
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities		703
Disposal Group, Including Discontinued Operation, Liabilities		$ 8,797

Fair Value Measurements (Details)
€ in Thousands, $ in Thousands

12 Months Ended

Jun. 30, 2017

USD ($)

Jun. 30, 2016

USD ($)

Feb. 01, 2016

EUR (€)

Feb. 01, 2016

USD ($)

Jun. 30, 2015

USD ($)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Available-for-sale Securities, Amortized Cost Basis

^[1],[2]

$ 4,405

Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax

3,488

Available-for-sale Securities

$ 0

7,893

Business Combination, Contingent Consideration, Liability, Current

^[3]

44,049

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings

^[3]

$ (1,185)

^[2]

4,030

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)

^[2]

211

Debt Instrument, Fair Value Disclosure

876,656

678,511

906,744

686,409

Total debt, Gross [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

882,578

685,897

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair value, recurring measurements [Member]

(5,453)

(1,212)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Available-for-sale Securities

7,893

Assets, Fair Value Disclosure, Recurring

1,717

17,714

Liabilities, Fair Value Disclosure, Recurring

$ 41,047

12,557

Foreign Exchange Forward [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Interest Rate Swap [Member]

481

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Derivative Assets (Liabilities), at Fair Value, Net

$ 1,717

$ (483)

(2,180)

Interest Rate Swap [Member] | Fair value, recurring measurements [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Cross Currency Interest Rate Contract [Member]

$ 30,139

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

(19,760)

(8,850)

Currency Swap [Member]

Derivative Assets (Liabilities), at Fair Value, Net

9,821

$ (14,700)

(315)

Foreign Exchange Option [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Maximum [Member] | WIRmachenDRUCK GmbH [Member]

$ (651)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Other Noncurrent Liabilities [Member]

€ (40,000)

$ (43,395)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value

^[1]

$ 7,833

Payment of continent consideration relating to business combination

^[1]

(1,212)

7,819

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)

^[1]

Other Current Liabilities [Member] | WIRmachenDRUCK GmbH [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Net Investment Hedging [Member] | Currency Swap [Member]

^[1]

$ (5,453)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Not Designated as Hedging Instrument [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

10,748

Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]

150

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Foreign Currency Contract, Asset, Fair Value Disclosure

10,748

9,821

Not Designated as Hedging Instrument [Member] | Foreign Exchange Option [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Inputs, Level 1 [Member] | Fair value, recurring measurements [Member]

$ (651)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Available-for-sale Securities

7,893

Assets, Fair Value Disclosure, Recurring

7,893

Fair Value, Inputs, Level 2 [Member] | Fair value, recurring measurements [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Assets, Fair Value Disclosure, Recurring

1,717

9,821

Liabilities, Fair Value Disclosure, Recurring

35,594

11,345

Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Derivative Assets (Liabilities), at Fair Value, Net

1,717

Fair Value, Inputs, Level 2 [Member] | Cross Currency Interest Rate Contract [Member]

(483)

(2,180)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Inputs, Level 2 [Member] | Currency Swap [Member]

(19,760)

(8,850)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Derivative Assets (Liabilities), at Fair Value, Net

9,821

Fair Value, Inputs, Level 2 [Member] | Foreign Exchange Option [Member]

(14,700)

(315)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Inputs, Level 3 [Member] | Fair value, recurring measurements [Member]

(651)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Liabilities, Fair Value Disclosure, Recurring

5,453

1,212

Fair Value, Inputs, Level 3 [Member] | Other Noncurrent Liabilities [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Inputs, Level 3 [Member] | Other Current Liabilities [Member] | WIRmachenDRUCK GmbH [Member]

$ (1,212)

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

$ (5,453)

[1]	Amortized cost basis represents our initial investment adjusted for currency translation.
[2]	On December 22, 2016, we sold all available-for-sale securities held in Plaza Create Co. Ltd recognizing a gain of $2,268 as a part of other income, net, for the year ended June 30, 2017.
[3]	During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.

Derivative Financial Instruments (Details)
$ in Thousands

12 Months Ended

Jun. 30, 2017

USD ($)

instrument

Jun. 30, 2016

USD ($)

instrument

Jun. 30, 2015

USD ($)

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

$ 936

^[1]

$ 14,026

$ 9,317

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

(13,380)

365

(9,196)

Designated as Hedging Instrument [Member]

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

2,072

(11,195)

(355)

(30,139)

(11,195)

Not Designated as Hedging Instrument [Member]

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

10,748

(150)

Interest Rate Swap Contracts, Assets, Fair Value Disclosure

9,821

(927)

(8,684)

(508)

Foreign Exchange Option [Member]

3,229

$ 358

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

651

Foreign Exchange Option [Member] | Not Designated as Hedging Instrument [Member]

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

651

651

Interest Rate Swap [Member]

$ 0

Derivative, Number of Ineffective Instruments Held | instrument

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

$ 273

$ (11)

(53)

Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months

417

Notional Amount of Interest Rate Derivatives

60,000

Notional value of contracts with future start date

$ 140,000

Derivative, Underlying Basis

one-month LIBOR

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

$ 483

2,180

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

2,287

(1,736)

(1,417)

Total current and future notional amount

$ 200,000

Interest Rate Swap [Member] | Minimum [Member]

Interest Rate Swap [Member] | Maximum [Member]

Dec. 31, 2017

Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]

Jun. 30, 2024

$ 2,072

Interest Rate Cash Flow Hedge Asset at Fair Value

(355)

1,717

(483)

(2,180)

Interest Rate Cash Flow Hedge Liability at Fair Value

(483)

(2,180)

Foreign Exchange Forward [Member]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

663

14,037

9,370

$ 349,280

Derivative, Underlying Basis

481

Various

Foreign Exchange Forward [Member] | Minimum [Member]

Foreign Exchange Forward [Member] | Maximum [Member]

Jun. 28, 2019

Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member]

Jun. 28, 2019

Foreign Currency Contract, Asset, Fair Value Disclosure

10,748

9,821

Foreign Currency Contracts, Liability, Fair Value Disclosure

$ (4,804)

(927)

(8,033)

(508)

Derivative, Net Liability Position, Aggregate Fair Value

3,229

358

(150)

Currency Swap [Member]

Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months

1,620

$ 120,011

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

$ 14,700

315

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

(3,584)

(769)

(7,779)

Derivative Instruments in Hedges, Net Investment in Foreign Operations, Liabilities, Fair Value

$ (7,640)

Currency Swap [Member] | Minimum [Member]

Currency Swap [Member] | Maximum [Member]

Apr. 01, 2019

Currency Swap [Member] | Designated as Hedging Instrument [Member]

Jun. 30, 2019

$ (7,640)

(2,080)

Derivative Instruments in Hedges, Net Investment in Foreign Operations, Liabilities, Fair Value

(2,080)

Fair value, recurring measurements [Member] | Interest Rate Swap [Member]

Interest Rate Swap Contracts, Liability, Fair Value Disclosure

(30,139)

Interest Rate Swap Contracts, Assets, Fair Value Disclosure

1,717

Fair value, recurring measurements [Member] | Foreign Exchange Forward [Member]

Foreign Currency Contracts, Liability, Fair Value Disclosure

(5,455)

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Interest Expense [Member] | Interest Rate Swap [Member]

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

(205)

(947)

1,087

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Other Income [Member] | Currency Swap [Member]

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

(1,621)

(1,171)

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

1,369

1,587

815

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Income (loss) before taxes [Member]

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

(1,826)

(2,118)

1,087

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Income Taxes [Member]

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

457

531

(272)

Net Investment Hedging [Member] | Currency Swap [Member]

$ 122,969

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

$ (3,721)

2,951

Net Investment Hedging [Member] | Currency Swap [Member] | Designated as Hedging Instrument [Member]

(12,120)

(6,770)

Derivative Instruments in Hedges, Net Investment in Foreign Operations, Liabilities, Fair Value

(12,120)

(6,770)

Net Investment Hedging [Member] | Forward Contracts [Member]

$ 175,262

Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

$ (8,362)

(81)

$ 0

Net Investment Hedging [Member] | Forward Contracts [Member] | Designated as Hedging Instrument [Member]

(9,896)

(165)

Derivative Instruments in Hedges, Net Investment in Foreign Operations, Liabilities, Fair Value

$ (9,896)

$ (165)

[1]	Primarily relates to both realized and unrealized gains on derivative currency forward and option contracts not designated as hedging instruments.

Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated other comprehensive income (loss), tax

$ (710)

$ 293

$ 195

Derivatives used in Net Investment Hedge, Net of Tax, Period Increase (Decrease)

(17,048)

(4,965)

Accumulated Other Comprehensive Income (Loss) [Roll Forward]

Other comprehensive income (loss) before reclassifications

(108,015)

(98,909)

2,113

(9,020)

(10,693)

(101,837)

Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), before Tax

2,194

561

(388)

Amounts reclassified from accumulated other comprehensive loss to net (loss) income

3,637

1,587

815

Net current period other comprehensive income (loss)

(5,383)

(9,106)

(101,022)

Accumulated Other Comprehensive Income (Loss) [Roll Forward]

(113,398)

(108,015)

(98,909)

Pension Plan [Member]

Other comprehensive income (loss) before reclassifications

(2,551)

(3,112)

(2,724)

561

(388)

Amounts reclassified from accumulated other comprehensive loss to net (loss) income

Net current period other comprehensive income (loss)

2,194

561

(388)

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]

(357)

(2,551)

(3,112)

Accumulated Other Comprehensive Income (Loss) [Roll Forward]

Other comprehensive income (loss) before reclassifications

(2,322)

(1,405)

(803)

(1,297)

(2,504)

(1,417)

Amounts reclassified from accumulated other comprehensive loss to net (loss) income

1,369

1,587

815

Net current period other comprehensive income (loss)

(917)

(602)

Accumulated Net Unrealized Investment Gain (Loss) [Member]

(2,250)

(2,322)

(1,405)

Accumulated Other Comprehensive Income (Loss) [Roll Forward]

Other comprehensive income (loss) before reclassifications

3,488

2,971

9,246

(5,756)

517

(6,275)

Amounts reclassified from accumulated other comprehensive loss to net (loss) income

2,268

Net current period other comprehensive income (loss)

(3,488)

517

(6,275)

Accumulated Translation Adjustment [Member]

3,488

2,971

Accumulated Other Comprehensive Income (Loss) [Roll Forward]

Other comprehensive income (loss) before reclassifications

(106,630)

^[1]

(97,363)

(3,606)

(4,161)

^[1]

(9,267)

(93,757)

Amounts reclassified from accumulated other comprehensive loss to net (loss) income

^[1]

Net current period other comprehensive income (loss)

(4,161)

^[1]

(9,267)

(93,757)

$ (110,791)

^[1]

$ (106,630)

^[1]

$ (97,363)

[1]	As of June 30, 2017, 2016 and 2015, the translation adjustment is inclusive of the effects of our net investment hedges, of which, unrealized losses of $17,048, $4,965 and $7,779, respectively, net of tax, have been included in accumulated other comprehensive loss.

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Land improvements	$ 2,235	$ 2,137
Building and building improvements	319,822	300,558
Machinery and production equipment	274,813	270,835
Machinery and production equipment under capital lease	54,673	46,498
Computer software and equipment	165,812	148,853
Furniture, fixtures and office equipment	41,612	25,574
Leasehold improvements	51,582	40,203
Construction in progress	12,240	5,910
Property, Plant and Equipment, gross	922,789	840,568
Less accumulated depreciation, inclusive of assets under capital lease	(443,273)	(379,077)
Property, Plant and Equipment, Other, Net	479,516	461,491
Land	32,431	31,672
Property, plant and equipment, net	511,947	493,163
Depreciation	$ 87,145	$ 76,435	$ 62,970

Business Combinations (Details)
€ in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 30, 2016

USD ($)

Jun. 30, 2016

USD ($)

Feb. 01, 2016

EUR (€)

Feb. 01, 2016

USD ($)

Apr. 15, 2015

EUR (€)

Apr. 15, 2015

USD ($)

Jun. 30, 2017

USD ($)

Mar. 31, 2017

USD ($)

Dec. 31, 2016

USD ($)

Sep. 30, 2016

USD ($)

Jun. 30, 2016

EUR (€)

Jun. 30, 2016

USD ($)

Mar. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Sep. 30, 2015

USD ($)

Jun. 30, 2015

USD ($)

Jun. 30, 2015

EUR (€)

Jun. 30, 2015

USD ($)

Jun. 30, 2019

EUR (€)

Jun. 30, 2017

USD ($)

Jun. 30, 2016

EUR (€)

Jun. 30, 2016

USD ($)

Jun. 30, 2015

EUR (€)

Jun. 30, 2015

USD ($)

Jun. 30, 2017

EUR (€)

Jun. 30, 2017

USD ($)

Feb. 01, 2016

USD ($)

Apr. 15, 2015

USD ($)

Business Combination, Contingent Consideration, Liability

$ 0

^[1]

$ 1,185

$ (34,702)

$ (42,934)

$ 35,028

$ (29,103)

$ 16,930

$ (32,671)

$ 59,319

$ 10,771

$ (71,711)

$ 54,349

$ 92,212

(13,768)

(720)

Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed

$ 466,005

466,005

$ 400,629

466,005

400,629

$ 514,963

2,005

1,289

2,576

Redeemable Noncontrolling Interest, Equity, Other, Redemption Value | €

57,720

101,379

€ 39,000

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

6,345

30,841

30.00%

Tradeprint Distribution Limited & Litoipografia Alcione S.r.L [Member]

25,547

9,571

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net

14,359

1,617

Payments to Acquire Businesses, Gross

$ 214,573

Post Closing Purchase Price Adjustment

(1,941)

Cash Acquired from Acquisition

212,632

8,337

Pro forma net income attributable to Cimpress

(71,084)

41,370

Business Acquisition, Goodwill, Expected Tax Deductible Amount

$ 13,770

$ 19,000

Accrued expenses acquired in business combinations

^[2]

(17,805)

Business Acquisition, Pro Forma Revenue

2,294,347

2,060,426

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets

1,270

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable

^[2]

(12,590)

Business Combination, Acquired Receivable, Fair Value

^[2]

20,921

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory

^[2]

19,854

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other

11,281

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment

29,472

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other

(908)

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent

(3,255)

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities

$ (9,665)

Exagroup SAS [Member]

Payments to Acquire Businesses, Gross

$ 97,012

Post Closing Purchase Price Adjustment

(4,832)

€ (4,575)

(4,862)

€ 91,305

$ 101,844

Cash Acquired from Acquisition

563

$ 18,991

Noncontrolling interest

(43,354)

Deferred tax liability

(21,655)

Real Estate Held-for-sale

1,971

Revenues

18,155

Business Acquisition, Percentage of Voting Interests Acquired

$ 88,804

70.00%

Redeemable Noncontrolling Interest, Equity, Other, Redemption Value | €

€ 39,000

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

30.00%

Business Combination, Consideration Transferred, Other

€ 1,314

€ 3,261

3,678

Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High | €

€ 4,000

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets

$ 18,711

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable

(21,008)

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other

14,318

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities

(9,966)

Business Combination, Contingent Consideration, Liability

1,212

5,453

Payments to Acquire Businesses, Gross

$ 152,100

€ 138,383

150,128

Post Closing Purchase Price Adjustment

€ (1,850)

(2,082)

162,095

Other non-current assets

1,259

Cash Acquired from Acquisition

3,420

15,220

Revenues

72,620

Business Combination, Consideration Transferred, Equity Interests Issued and Issuable

€ 8,121

8,810

Business Acquisition, Percentage of Voting Interests Acquired

$ 91,515

100.00%

Business Combination, Consideration Transferred, Other

$ 1,185

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable

$ (17,566)

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other

5,231

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent

(26,863)

FY 2015 Acquisitions [Member]

45,935

19,224

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net

5,174

21,537

Trade Names [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

11 years

15 years

Trade Names [Member] | National Pen CO. LLC [Member]

Trade Names [Member] | Exagroup SAS [Member]

$ 33,000

Trade Names [Member] | WIRmachenDRUCK GmbH [Member]

11,900

Technology-Based Intangible Assets [Member]

24,952

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

6 years

Technology-Based Intangible Assets [Member] | National Pen CO. LLC [Member]

Customer Relationships [Member]

$ 19,000

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

7 years

Customer Relationships [Member] | National Pen CO. LLC [Member]

Customer Relationships [Member] | Exagroup SAS [Member]

$ 56,000

Customer Relationships [Member] | WIRmachenDRUCK GmbH [Member]

35,434

24,952

print network [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

9 years

print network [Member] | WIRmachenDRUCK GmbH [Member]

Referral Network [Member]

23,867

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

7 years

Referral Network [Member] | WIRmachenDRUCK GmbH [Member]

Developed Technology Rights [Member]

10,849

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

3 years

Developed Technology Rights [Member] | Exagroup SAS [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

3 years

Developed Technology Rights [Member] | WIRmachenDRUCK GmbH [Member]

$ 9,669

Minimum [Member] | Trade Names [Member] | Exagroup SAS [Member]

8,679

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

10 years

Minimum [Member] | Customer Relationships [Member] | Exagroup SAS [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

7 years

Maximum [Member] | WIRmachenDRUCK GmbH [Member]

Business Combination, Contingent Consideration, Liability

€ 40,000

$ 43,395

Maximum [Member] | Trade Names [Member] | Exagroup SAS [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

14 years

Maximum [Member] | Customer Relationships [Member] | Exagroup SAS [Member]

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

9 years

(228)

(720)

319,373

250,487

319,373

250,487

321,805

101,379

^[3]

6,345

30,841

34,520

57,720

Vistaprint Business Unit [Member]

^[4]

(23,200)

$ 121,752

$ 124,636

$ 121,752

$ 124,636

$ 147,207

^[4]

$ 23,200

[1]	During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.
[2]	National Pen has materially impacted our working capital balances post-acquisition, resulting in increased accounts receivable, inventory, accounts payable and accrued expenses balances in our consolidated balance sheet.
[3]	During fiscal 2017 and 2016 we recorded impairment charges of $6,345 and $30,841, respectively, related to our Tradeprint and Exagroup reporting units. See below for additional details.
[4]	We allocated $23,200 of goodwill to the Vistaprint segment for certain synergies that are expected to be realized by the Vistaprint segment as a result of the National Pen acquisition. Refer to Note 7 for additional details.

Goodwill and Acquired Intangible Assets (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

$ 57,720

$ 101,379

(6,345)

(30,841)

(13,768)

(720)

11,351

(4,442)

Fair Value Inputs, Discount Rate

$ 514,963

466,005

$ 400,629

11.50%

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

30.00%

Finite-Lived Intangible Assets, Accumulated Amortization

$ 374,328

304,403

(98,404)

(87,433)

Amortization of acquired intangible assets

275,924

216,970

46,145

40,563

24,263

Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months

48,340

Finite-Lived Intangible Assets, Amortization Expense, Year Two

42,126

Finite-Lived Intangible Assets, Amortization Expense, Year Three

37,630

Finite-Lived Intangible Assets, Amortization Expense, Year Four

37,525

Finite-Lived Intangible Assets, Amortization Expense, Year Five

35,996

Total future amortization expense through the next five years

201,617

Vistaprint Business Unit [Member]

^[1]

23,200

2,255

(2,884)

147,207

121,752

124,636

101,379

^[2]

(6,345)

(30,841)

(228)

(720)

9,005

(932)

Impairment of Intangible Assets (Excluding Goodwill)

321,805

319,373

250,487

3,211

57,720

^[1]

(23,200)

All Other Business Units [Member]

34,520

(13,540)

(626)

11,431

24,880

$ 25,506

Trade Names [Member]

Finite-Lived Intangible Assets, Accumulated Amortization

97,728

72,806

(14,839)

(13,391)

Developed Technology Rights [Member]

82,889

59,415

Finite-Lived Intangible Assets, Accumulated Amortization

55,423

44,694

(28,943)

(25,490)

Customer Relationships [Member]

26,480

19,204

Finite-Lived Intangible Assets, Accumulated Amortization

179,715

146,506

(44,475)

(43,525)

135,240

102,981

Finite-Lived Intangible Assets, Accumulated Amortization

16,291

15,974

(6,185)

(3,896)

10,106

12,078

print network [Member]

Finite-Lived Intangible Assets, Accumulated Amortization

25,171

24,423

(3,962)

(1,131)

Schedule of other current liabilities [Line Items]

$ 21,209

$ 23,292

[1]	We allocated $23,200 of goodwill to the Vistaprint segment for certain synergies that are expected to be realized by the Vistaprint segment as a result of the National Pen acquisition. Refer to Note 7 for additional details.
[2]	During fiscal 2017 and 2016 we recorded impairment charges of $6,345 and $30,841, respectively, related to our Tradeprint and Exagroup reporting units. See below for additional details.

Accrued Expenses (Details) - USD ($)
$ in Thousands

Jun. 30, 2017

Jun. 30, 2016

Accrued Liabilities

^[1]

$ 175,567

$ 178,987

Compensation costs

54,487

59,207

Income and indirect taxes

34,469

39,802

Accrued Advertising

26,641

26,372

Shipping costs

6,651

6,843

Sales returns

4,474

2,882

Production costs

7,472

3,251

Interest Payable

5,263

5,172

Purchases of property, plant and equipment

3,786

4,614

Professional costs

3,021

1,543

Other

29,303

$ 29,301

Schedule of other current liabilities [Line Items]

Accrued Liabilities

$ 15,040

[1]	Accrued expenses was impacted by our acquisition of National Pen, resulting in an additional $15,040 of accruals as of June 30, 2017, which are included in each of the respective categories within the table.

Other Current Liabilities (Details)
€ in Thousands, $ in Thousands

12 Months Ended

Jun. 30, 2017

USD ($)

Jun. 30, 2016

USD ($)

Feb. 01, 2016

EUR (€)

Feb. 01, 2016

USD ($)

Schedule of other current liabilities [Line Items]

Business Combination, Contingent Consideration, Liability, Current

^[1]

$ 44,049

$ 0

Lease financing obligation, short-term portion

12,569

Capital Lease Obligations, Current

11,573

8,011

Derivative Liability, Current

7,243

1,681

Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Share Value, Amount, Current

^[2]

901

Other Liabilities, Current

78,435

22,635

Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions

32,550

1,961

Business Combination, Contingent Consideration, Liability

^[1]

$ 1,185

Other Current Liabilities [Member]

Schedule of other current liabilities [Line Items]

Other Liabilities, Current

2,100

374

Schedule of other current liabilities [Line Items]

Business Combination, Contingent Consideration, Liability

5,453

$ 1,212

WIRmachenDRUCK GmbH [Member] | Other Current Liabilities [Member]

Schedule of other current liabilities [Line Items]

Contingent compensation liability

38,596

Business Combination, Contingent Consideration, Liability

^[3]

$ 5,453

WIRmachenDRUCK GmbH [Member] | Maximum [Member]

Schedule of other current liabilities [Line Items]

Business Combination, Contingent Consideration, Liability

€ 40,000

$ 43,395

[1]	During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.
[2]	Relates to the mandatorily redeemable noncontrolling interest of Printi LLC. Refer to Note 15 for additional details.
[3]	Amortized cost basis represents our initial investment adjusted for currency translation.

Other Balance Sheet Components Other liabilities (Details) - USD ($)
$ in Thousands

Jun. 30, 2017

Jun. 30, 2016

Schedule of other liabilities [Line Items]

Fair value of earn-out arrangement

^[1]

$ 3,146

Capital Lease Obligations, Noncurrent

$ 28,306

21,318

Derivative Liability, Noncurrent

31,936

10,949

Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Share Value, Amount, Noncurrent

^[2]

2,456

Other Liabilities, Noncurrent

^[3]

94,683

60,173

Deferred Compensation Share-based Arrangements, Liability, Classified, Noncurrent

8,713

Other Noncurrent Liabilities [Member]

Schedule of other liabilities [Line Items]

Other Liabilities, Noncurrent

^[4]

31,985

$ 24,760

Schedule of other liabilities [Line Items]

Other Liabilities

$ 8,506

[1]	During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.
[2]	Relates to the mandatorily redeemable noncontrolling interest of Printi LLC. Refer to Note 15 for additional details.
[3]	Total other liabilities was impacted by our acquisition of National Pen, resulting in an additional $8,506 of other liabilities as of June 30, 2017, primarily relating to capital lease obligations, which are included in each of the respective categories within the table.
[4]	Other liabilities includes $8,713 related to share-based compensation awards associated with our investment in Printi LLC. Refer to Note 15 for additional details.

Debt (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jul. 13, 2017

Jun. 30, 2016

Senior Notes

$ 275,000

Short-term debt

28,926

^[1]

21,717

Long-term debt

847,730

656,794

Description of variable rate basis

876,656

678,511

Other Long-term Debt

$ 7,541

10,088

LIBOR

Debt Instrument, Unamortized Discount

$ (5,922)

(7,386)

Line of Credit [Member]

Debt Instrument, Unamortized Discount

(1,693)

Revolving Credit Facility [Member]

600,037

$ 400,809

Line of Credit [Member]

Line of Credit Facility, Current Borrowing Capacity

$ 814,000

$ 1,045,000

Line of Credit [Member] | Minimum [Member]

Commitment fee (percentage)

Basis spread on LIBOR

1.50%

0.225%

Line of Credit [Member] | Maximum [Member]

Commitment fee (percentage)

Basis spread on LIBOR

2.25%

0.40%

Revolving Loan, Maturity September 23, 2019 [Member]

Weighted average interest rate

3.56%

Term Loan [Domain] | Line of Credit [Member]

Long-term Debt, Gross

$ 124,000

300,000

Senior Notes [Member]

Debt Instrument, Interest Rate, Stated Percentage

7.00%

Revolving Loan, Maturity September 23, 2019 [Member] | Line of Credit [Member]

Line of Credit Facility, Maximum Borrowing Capacity

$ 690,000

$ 745,000

Redemption Any Time Prior to April 1, 2018

Debt Instrument, Redemption Price, Percentage

107.00%

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

Redemption Any Time Prior to April 1, 2018 - Percentage of Aggregate Outstanding Principal

Debt Instrument, Redemption Price, Percentage

100.00%

[1]	Balances as of June 30, 2017 and June 30, 2016 are both inclusive of short-term debt issuance costs and debt discounts of $1,693 in both periods

Employees' Savings Plan (Details) - USD ($) $ in Thousands	12 Months Ended
Employees' Savings Plan (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Retirement Benefits [Abstract]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	80.00%
Requisite service period	4 years
Company expensed for plan	$ 11,691	$ 9,073	$ 8,619
Defined Benefit Plan, Benefit Obligation	1,658	4,007
Assets for Plan Benefits, Defined Benefit Plan	3,920	7,080
Pension Cost (Reversal of Cost)	$ 1,191	1,820	$ 2,043
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	3.00%
Defined Benefit Plan, Benefit Obligation, Payment for Settlement		$ 506

Shareholders' Equity (Details) $ / shares in Units, € in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2017 USD ($) $ / shares shares	Jun. 30, 2016 USD ($) $ / shares shares	Jun. 30, 2015 USD ($) $ / shares	Jun. 30, 2017 EUR (€) shares	Jun. 30, 2017 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of ordinary shares due to share option exercises, Shares	(495,763)
Share-based compensation expense \| $	$ 48,627	$ 23,772	$ 24,075
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount \| $	$ 1,546	$ 832	$ 477
Fair Market Value of Ordinary Shares	100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Stock Repurchase Program Exchange Rate for Restricted Shares of Other Share Based Award	1
Common Stock, Capital Shares Reserved for Future Issuance				9,523,532	9,523,532
Stock Repurchase Program Exchange Rate For Ordinary Shares	1.56
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized \| $					$ 36,843
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 11 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		2,659,991		2,138,426	2,138,426
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.84%	1.67%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term		6 years	6 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		47.00%	50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value \| $ / shares		$ 38.18	$ 35.84
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares	(25,802)
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options				1,869,762	1,869,762
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price \| $ / shares	$ 38.62
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price \| $ / shares	$ 50.00
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price \| $ / shares		$ 45.21			$ 46.68
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value \| $					$ 102,321
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number				2,138,426	2,138,426
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price \| $ / shares					$ 46.08
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	2 years 7 months	3 years 4 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	2 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value \| $					$ 90,584
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value \| $	$ 25,566	$ 5,494	$ 61,531
Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Nonvested, Aggregate Intrinsic Value \| $		21,810	19,846		$ 21,130
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests \| $	(3,357)
Ordinary Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense \| $	$ 48,627	$ 23,828	$ 24,075
Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		65,050
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number		81,633		12,437	12,437
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value \| $ / shares		$ 68.41			$ 64.53
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(69,196)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 87.33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding \| $					$ 1,176
2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	250.00%
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number				375,038	375,038
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value \| $ / shares					$ 123.06
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	441,985
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 123.51
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(66,947)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value \| $ / shares	$ 126.03
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding \| $					$ 35,452
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based RSUs outstanding				164,000	164,000
Performance based RSUs not probable				140,000	140,000
Maximum compensation for probabilty awards \| $	$ 10,584
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number		600,075		334,370	334,370
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value \| $ / shares		$ 67.77			$ 74.57
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	25,620
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 97.25	$ 75.63	$ 63.28
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(234,804)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 61.00
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(56,521)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value \| $ / shares	$ 69.07
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding \| $					$ 31,608
Pixartprinting S.p.A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Redeemable Noncontrolling Interest, Equity, Redemption Value \| €				€ 10,406
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests \| $	$ 10,947
February 22, 2016 authorization [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				6,300,000	6,300,000
Stock Repurchased During Period, Shares	593,763
Stock Repurchased During Period, Value \| $	$ 50,008
March 22, 2017 authorization [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				6,300,000	6,300,000
Maximum [Member] \| Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		4 years
Maximum [Member] \| 2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Authorized for Grants				8,000,000	8,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	250.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant				937,595	937,595
Minimum [Member] \| Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		2 years
Minimum [Member] \| 2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant				0	0

Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards	$ 85,728	$ 52,469
Deferred tax assets, Depreciation and Amortization	2,331	999
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities	6,478	4,387
Income tax (benefit) provision	(7,118)	15,684	$ 10,441
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	20,999	17,017
Deferred Tax Assets, Tax Credit Carryforwards, Other	2,688	953
Deferred Tax Assets, Derivative Instruments	7,121	2,799
Deferred Tax Assets, Other	3,060	2,923
Deferred Tax Assets, Gross	128,405	81,547
Valuation Allowances and Reserves, Balance	56,953	35,429
Valuation Allowances and Reserves, Additions for Charges to Cost and Expense	16,674
Valuation Allowances and Reserves, Additions for Charges to Other Accounts	4,850
Deferred Tax Assets, Net of Valuation Allowance	71,452	46,118
Deferred Tax Liabilities Deferred Expense Depreciation And Amortization	(71,477)	(75,390)
IP installment obligation	(6,460)	(9,608)
Deferred Tax Liabilities, Undistributed Foreign Earnings	4,374	3,233
Deferred Tax Liabilities, Other	(1,880)	(1,223)
Deferred Tax Liabilities, Gross	(84,191)	(89,454)
Deferred Tax Liabilities, Net	(12,739)	$ (43,336)
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	523,754
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	3,091
Undistributed Earnings of Foreign Subsidiaries	27,406
National Pen CO. LLC [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Liabilities, Net	(3,255)
Minimum [Member]
Operating Loss Carryforwards [Line Items]
Potential tax withholding, Repatriated Earnings	6,500
Maximum [Member]
Operating Loss Carryforwards [Line Items]
Potential tax withholding, Repatriated Earnings	7,500
Switzerland [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards	33,111
Netherlands [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Derivative Instruments	$ 7,076

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Operating Loss Carryforwards [Line Items]
U.S.	$ 13,390	$ 23,057	$ 21,567
Non-U.S.	(92,707)	43,038	78,186
U.S. Federal	(1,144)	7,915	12,680
U.S. State	1,344	116	2,313
Non-U.S.	26,191	23,164	12,496
Total current	26,391	31,195	27,489
U.S. Federal	(1,999)	(2,353)	(4,505)
U.S. State	(1,497)	13	(1,070)
Non-U.S.	(30,013)	(13,171)	(11,473)
Total deferred	(33,509)	(15,511)	(17,048)
(Loss) income before income taxes	(79,317)	66,095	$ 99,753
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions	$ 632	$ 328
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	(0.10%)	0.10%	0.80%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	(15.50%)	(35.70%)	(23.80%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Percent	(1.60%)	16.10%	0.00%
Effective Income Tax Rate Reconciliation, Deduction, Percent	7.40%	(2.20%)	0.80%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	(21.90%)	26.90%	8.00%
Effective Income Tax Rate Reconciliation, Nondeductible acquisition-related payments, Percent	(18.00%)	4.00%	4.00%
Effective Income Tax Reconciliation, Tax on Unremitted Earnings, Percent	(1.30%)	4.30%	0.20%
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent	(5.00%)	(5.30%)	(2.50%)
Effective Income Tax Rate Reconciliation, Benefit on IP transfer, Percent	(13.80%)	(17.70%)	(12.20%)
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent	(7.10%)	(4.00%)	(1.70%)
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent	(0.90%)	2.20%	1.90%
Income tax (benefit) provision	$ (7,118)	$ 15,684	$ 10,441
Unrecognized Tax Benefits	5,383	4,249	$ 5,710
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	3,069	1,893
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$ 384	$ 142
Effective Income Tax Rate Reconciliation, Percent	9.00%	23.70%	10.50%
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income	$ 8,003	$ 3,456
Tax benefit from IP Transfer	$ 12,696	12,764
Tax payment term	7 years 6 months
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	$ 1,580	132
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	(30)	(363)
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities	(1,048)	(1,129)
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations		$ (429)
Minimum [Member]
Operating Loss Carryforwards [Line Items]
Unrecognized Tax Benefits	1,000
Maximum [Member]
Operating Loss Carryforwards [Line Items]
Unrecognized Tax Benefits	$ 1,200
Non-US [Member] \| Minimum [Member]
Operating Loss Carryforwards [Line Items]
Effective Income Tax Rate Reconciliation, Percent	10.00%
Non-US [Member] \| Maximum [Member]
Operating Loss Carryforwards [Line Items]
Effective Income Tax Rate Reconciliation, Percent	34.00%

Noncontrolling interest (Details)
€ in Thousands, $ in Thousands

12 Months Ended

Jun. 30, 2017

USD ($)

Jun. 30, 2016

USD ($)

Jun. 30, 2015

USD ($)

Jun. 30, 2017

EUR (€)

Jun. 30, 2017

USD ($)

Apr. 15, 2015

EUR (€)

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

30.00%

Redeemable Noncontrolling Interest, Equity, Other, Redemption Value | €

€ 39,000

Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests

$ 68

$ 4,919

(3,357)

Net Income (Loss) Attributable to Noncontrolling Interest

(488)

$ (3,938)

$ (2,900)

Vistaprint Japan Co., Ltd. [Member]

Noncontrolling Interest, Ownership Percentage by Parent

51.00%

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

49.00%

Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests

9,352

Exagroup SAS [Member]

Business Acquisition, Percentage of Voting Interests Acquired

70.00%

Pixartprinting S.p.A [Member]

Noncontrolling Interest, Ownership Percentage by Parent

97.00%

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

3.00%

Redeemable Noncontrolling Interest, Equity, Redemption Value | €

€ 10,406

Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests

10,947

Noncontrolling Interest [Member]

Stockholders' Equity Attributable to Noncontrolling Interest

$ 351

512

$ 213

Adjustment to noncontrolling interest

(74)

Net Income (Loss) Attributable to Noncontrolling Interest

(83)

Noncontrolling Interest, Decrease from Deconsolidation

Other Comprehensive (Income) Loss, Foreign Currency Translation Adjustment, Tax, Portion Attributable to Noncontrolling Interest

(52)

(4)

Redeemable noncontrolling interest [Member]

Stockholders' Equity Attributable to Noncontrolling Interest

65,301

$ 57,738

$ 45,412

Proceeds from Contributions from Affiliates

1,404

5,141

Noncontrolling Interest, Increase from Business Combination

4,919

7,985

Net Income (Loss) Attributable to Noncontrolling Interest

(864)

(11,840)

Payments of Ordinary Dividends, Noncontrolling Interest

(368)

Other Comprehensive (Income) Loss, Foreign Currency Translation Adjustment, Tax, Portion Attributable to Noncontrolling Interest

(502)

1,726

Exagroup SAS [Member]

Noncontrolling Interest, Ownership Percentage by Parent

30.00%

Business Acquisition, Percentage of Voting Interests Acquired

70.00%

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

30.00%

Redeemable Noncontrolling Interest, Equity, Other, Redemption Value | €

€ 39,000

Exagroup SAS [Member] | Redeemable noncontrolling interest [Member]

Pixartprinting S.p.A [Member] | Redeemable noncontrolling interest [Member]

372

^[1]

7,025

Net loss attributable to noncontrolling interest [Member] | Redeemable noncontrolling interest [Member]

5,879

Vistaprint Japan Co., Ltd. [Member] | Pixartprinting S.p.A [Member]

960

Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests

$ (20,299)

Retained Earnings [Member] | Redeemable noncontrolling interest [Member]

Variable Interest Entity [Line Items]

$ 4,919

[1]	During fiscal 2017, we purchased the Pixartprinting and Japanese joint venture noncontrolling interests for $10,947 and $9,352, respectively.

Variable Interest Entities (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 30, 2018

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Sep. 30, 2017

Liability equity award, fair value

$ 8,713

Liability equity award, expense recognized during period

$ 5,803

$ 1,517

$ 1,405

Variable Interest Entity, Ownership Percentage

49.99%

Call Option Period

8 years

Additional ownership percentage purchase, Variable interest entity

3.70%

Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Fair Value of Shares

$ 3,357

Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Share Value, Amount, Current

^[1]

901

Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Share Value, Amount, Noncurrent

^[1]

2,456

$ 0

Loans to employee

$ 24,000

Due from Employees, Noncurrent

$ 12,000

Interest rate on loan receivable

8.50%

Minimum [Member] | Restricted Share Awards [Member]

Variable Interest Entity [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

2 years

Maximum [Member] | Restricted Share Awards [Member]

Variable Interest Entity [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

[1]	Relates to the mandatorily redeemable noncontrolling interest of Printi LLC. Refer to Note 15 for additional details.

Segment Information (Details)
$ in Thousands

3 Months Ended

9 Months Ended

12 Months Ended

Jun. 30, 2017

USD ($)

Mar. 31, 2017

USD ($)

Dec. 31, 2016

USD ($)

Sep. 30, 2016

USD ($)

Jun. 30, 2016

USD ($)

Mar. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Sep. 30, 2015

USD ($)

Mar. 31, 2017

USD ($)

Mar. 31, 2016

USD ($)

Jun. 30, 2017

USD ($)

Jun. 30, 2016

USD ($)

Jun. 30, 2015

USD ($)

Number of Reportable Segments

Quantifying Misstatement in Current Year Financial Statements, Amount

$ 2,727

$ 5,591

$ 7,998

$ 564,256

$ 550,585

$ 576,851

$ 443,713

$ 479,205

$ 436,817

$ 496,274

$ 375,748

$ 2,135,405

$ 1,788,044

$ 1,494,206

Change in contingent earn-out liability

158,400

131,918

97,500

39,377

14,890

(48,627)

(23,772)

(24,075)

(Loss) income from operations

^[1]

(26,700)

(381)

(3,202)

(45,702)

78,193

96,324

^[2]

478,933

434,300

478,933

434,300

Other (expense) income, net

(196,054)

(262,746)

(227,258)

10,362

26,098

20,134

Interest expense, net

(43,977)

(38,196)

(16,705)

(Loss) income before income taxes

(79,317)

66,095

99,753

511,947

493,163

511,947

493,163

Deferred tax assets

48,004

26,093

48,004

26,093

Physical printed products and other [Member]

514,963

466,005

514,963

466,005

400,629

Intangible assets, net

275,924

216,970

275,924

216,970

Digital products/services [Member]

^[3]

2,076,564

1,724,676

1,423,110

58,841

63,368

71,096

Canada [Member]

85,926

89,888

85,926

89,888

Netherlands [Member]

83,223

91,053

83,223

91,053

Switzerland [Member]

49,017

38,501

49,017

38,501

Australia [Member]

22,961

24,358

22,961

24,358

Jamaica [Member]

21,492

22,604

21,492

22,604

FRANCE

22,794

24,561

22,794

24,561

ITALY

44,423

34,086

44,423

34,086

JAPAN

20,686

23,213

20,686

23,213

Other [Member]

64,377

53,059

64,377

53,059

UNITED STATES

901,061

781,335

718,072

64,034

32,977

64,034

32,977

GERMANY

^[4]

256,069

125,356

54,129

Non-US [Member]

^[5]

978,275

881,353

722,005

Waltham Lease [Member]

Interest Expense

7,727

6,287

Corporate And Global Functions [Member]

116,045

120,168

116,045

120,168

(13,061)

(25,425)

(17,628)

(25,584)

All Other Business Units [Member]

116,803

96,592

84,622

128,795

138,244

147,425

(15,074)

(18,111)

(15,258)

30,747

8,924

(10,699)

Vistaprint Business Unit [Member]

11,431

24,880

11,431

24,880

25,506

1,305,285

1,217,162

1,149,706

(63,923)

(40,686)

(40,075)

(165,193)

(213,027)

(193,048)

147,207

121,752

147,207

121,752

124,636

588,613

432,638

197,075

(56,073)

(47,696)

(24,539)

(63,833)

(58,643)

(23,511)

321,805

319,373

321,805

319,373

250,487

112,712

(10,269)

2,225

$ 34,520

$ 0

34,520

Share-based compensation related to investment consideration [Member]

46,402

40,834

24,265

(9,638)

(4,835)

(3,569)

(6,257)

Certain impairments [Domain]

(26,700)

(381)

(3,202)

Change in fair value of contingent consideration [Member]

Asset Impairment Charges

(9,556)

^[6]

(41,820)

^[6]

Change in contingent earn-out liability

^[7]

$ (40,384)

$ (6,378)

$ (15,276)

[1]	Share-based compensation is allocated as follows:
[2]	Excludes goodwill of $514,963 and $466,005, intangible assets, net of $275,924 and $216,970, the Waltham lease asset of $116,045 and $120,168, and deferred tax assets of $48,004 and $26,093 as of June 30, 2017 and June 30, 2016, respectively.
[3]	Other revenue includes miscellaneous items which account for less than 1% of revenue.
[4]	During the fiscal year ended June 30, 2017, our revenues within the German market exceeded 10% of our total consolidated revenue. Therefore we have presented Germany as a significant geographic area and recast all prior periods.
[5]	Our other revenue includes the Netherlands, our country of domicile.
[6]	Includes the impact for certain impairments or abandonments of goodwill and other long-lived assets as defined by ASC 350 - "Intangibles - Goodwill and Other" or ASC 360 - "Property, plant, and equipment." Year Ended June 30, 2017 2016 2015Depreciation and amortization: Vistaprint$63,923 $40,686 $40,075Upload and Print56,073 47,696 24,539National Pen10,269 — —All Other Businesses15,074 18,111 15,258Corporate and global functions13,061 25,425 17,628Total depreciation and amortization$158,400 $131,918 $97,500
[7]	Includes expense recognized for the change in fair value of contingent consideration and compensation expense related to cash-based earn-out mechanisms dependent upon continued employment.

Commitments and Contingencies (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Sep. 30, 2017

Jul. 13, 2017

Feb. 01, 2016

Unrecorded Unconditional Purchase Obligation [Line Items]

Operating Leases, Future Minimum Payments Due, Next Twelve Months

$ 13,344

Capital Leases, Future Minimum Payments Due, Next Twelve Months

13,916

Total lease obligation, Future minimum payments due, next twelve months

39,829

Operating Leases, Future Minimum Payments, Due in Two Years

9,446

Capital Leases, Future Minimum Payments Due in Two Years

10,721

Total lease obligation, Future minimum payments due, Due in Two Years

32,736

Operating Leases, Future Minimum Payments, Due in Three Years

8,893

Capital Leases, Future Minimum Payments Due in Three Years

7,590

Total lease obligation, Future minimum payments, Due in Three Years

29,052

Operating Leases, Future Minimum Payments, Due in Four Years

7,426

Capital Leases, Future Minimum Payments Due in Four Years

3,992

Total lease obligation, Future minimum payments due, Due in Four Years

23,987

Operating Leases, Future Minimum Payments, Due in Five Years

4,522

Capital Leases, Future Minimum Payments Due in Five Years

1,838

Total lease obligation, Future minimum payments due, Due in Five Years

18,929

Operating Leases, Future Minimum Payments, Due Thereafter

6,512

Capital Leases, Future Minimum Payments Due Thereafter

3,253

Total lease obligation, Future minimum payments due, Due thereafter

56,168

Operating Leases, Future Minimum Payments Due

50,143

Capital Leases, Future Minimum Payments Due

41,310

Total lease obligation, Future minimum payments due

200,701

Capital lease asset, accumulated depreciation

$ 29,697

Tax payment term

7 years 6 months

Installment obligation

$ 6,460

Capital Leased Assets

40,771

26,550

Capital Lease Obligations

39,879

Due from Employees, Noncurrent

^[1]

$ 1,185

$ 12,000

Total lease expense

13,959

$ 12,943

$ 16,926

Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months

30,542

Long-term Debt, Maturities, Repayments of Principal in Year Two

79,452

Long-term Debt, Maturities, Repayments of Principal in Year Three

494,809

Long-term Debt, Maturities, Repayments of Principal in Year Four

1,184

Long-term Debt, Maturities, Repayments of Principal in Year Five

768

Long-term Debt, Maturities, Repayments of Principal after Year Five

275,823

Long-term Debt

882,578

Unrecorded Unconditional Purchase Obligation [Line Items]

44,049

Unrecorded Unconditional Purchase Obligation [Line Items]

Third-party web services [Domain]

2,075

Unrecorded Unconditional Purchase Obligation [Line Items]

Production and Computer Equipment [Domain]

5,000

Unrecorded Unconditional Purchase Obligation [Line Items]

Professional Fees [Domain]

5,540

Unrecorded Unconditional Purchase Obligation [Line Items]

Unrecorded Unconditional Purchase Obligation [Line Items]

5,672

Inventories [Member]

Advertising Purchase Commitment [Member]

2,358

Unrecorded Unconditional Purchase Obligation [Line Items]

Other purchase commitments [Member]

2,605

Unrecorded Unconditional Purchase Obligation [Line Items]

Build-to-suit lease obligation [Domain]

8,522

Unrecorded Unconditional Purchase Obligation [Line Items]

Capital Leases, Future Minimum Payments Due, Next Twelve Months

12,569

Capital Leases, Future Minimum Payments Due in Two Years

12,569

Capital Leases, Future Minimum Payments Due in Three Years

12,569

Capital Leases, Future Minimum Payments Due in Four Years

12,569

Capital Leases, Future Minimum Payments Due in Five Years

12,569

Capital Leases, Future Minimum Payments Due Thereafter

46,403

Capital Leases, Future Minimum Payments Due

109,248

Line of Credit [Member]

Unrecorded Unconditional Purchase Obligation [Line Items]

Line of Credit Facility, Current Borrowing Capacity

814,000

$ 1,045,000

Revolving Loan, Maturity September 23, 2019 [Member] | Line of Credit [Member]

Unrecorded Unconditional Purchase Obligation [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

690,000

745,000

Term Loan [Domain] | Line of Credit [Member]

Unrecorded Unconditional Purchase Obligation [Line Items]

Long-term Debt, Gross

$ 124,000

$ 300,000

[1]	During the third quarter of fiscal 2017, the contingent earn-out liability related to our WIRmachenDRUCK acquisition was reclassified to current liabilities as payment is due in the third quarter of fiscal 2018.

Restructuring Charges (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Restructuring and Related Activities, Description

135

Restructuring Reserve

$ 4,810

$ 0

Payments for Restructuring

^[1]

26,700

381

$ 3,202

(15,022)

Restructuring Reserve, Settled without Cash

^[2]

6,868

Professional Fees [Domain]

26,700

381

$ 3,202

Employee Severance [Member]

2,049

Restructuring Reserve

4,602

Payments for Restructuring

24,020

(13,161)

Restructuring Reserve, Settled without Cash

^[2]

6,257

Other Restructuring [Member]

Restructuring Reserve

208

^[3]

$ 0

Payments for Restructuring

^[3]

2,680

^[3]

(1,861)

Restructuring Reserve, Settled without Cash

^[2],[3]

611

Corporate And Global Functions [Member]

25,584

Decentralization [Member]

Restructuring Costs

$ 1,116

Restructuring and Related Activities, Description

3000

[1]	Share-based compensation is allocated as follows:
[2]	Non-cash charges include acceleration of share-based compensation expenses, as well as abandonment charges for production equipment.
[3]	Includes restructuring charges for third party professional fees of $2,049, as well as $611 for the abandonment of production equipment which was not yet placed into service and under our decentralized operating model had no future use.

Quarterly Financial Data (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Jun. 30, 2017

Mar. 31, 2017

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Quarterly Financial Data (unaudited) [Abstract]

$ 564,256

$ 550,585

$ 576,851

$ 443,713

$ 479,205

$ 436,817

$ 496,274

$ 375,748

$ 2,135,405

$ 1,788,044

$ 1,494,206

Cost of revenue

279,077

^[1]

268,482

^[1]

276,366

^[1]

213,050

^[1]

222,097

^[1]

196,911

^[1]

197,462

^[1]

157,170

^[1]

1,036,975

^[2]

773,640

^[2]

568,572

^[2]

Net (loss) income

(34,513)

(42,678)

35,022

(30,030)

17,169

(35,771)

58,991

10,022

(72,199)

50,411

89,312