Annual report pursuant to Section 13 and 15(d)

Asset Retirement Obligations (Tables)

v2.4.0.6
Asset Retirement Obligations (Tables)
 12 Months Ended
Jun. 30, 2012
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Roll-Forward
The following table summarizes the asset retirement obligation activity for the years ended:
 
June 30,
 
2012
 
2011
 
(In thousands)
Balance at beginning of year
$
11,397

 
$
9,292

Liabilities assumed
3,035

 
—

Liabilities incurred
398

 
50

Accretion expense
568

 
564

Sale of assets
(6,773
)
 
—

Revision to estimate
(603
)
 
(129
)
Effect of exchange rate changes
(238
)
 
1,620

Balance at end of year
7,784

 
11,397

Less current asset retirement obligation
329

 
—

Long term asset retirement obligation
$
7,455

 
$
11,397