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Derivatives
 6 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives
10.    Derivatives
​
We monitor our exposure to foreign currency exchange rates and interest rates and from time-to-time use derivatives to manage certain of these risks. We designate derivatives as a hedge of a forecasted transaction or of the variability of the cash flows to be received or paid in the future related to a recognized asset or liability (cash flow hedge). All changes in the fair value of a highly effective cash flow hedge are recorded in accumulated other comprehensive income (loss).
We routinely assess whether the derivatives used to hedge transactions are effective. If we determine a derivative ceases to be an effective hedge, we discontinue hedge accounting in the period of the assessment for that derivative, and immediately recognize any unrealized gains or losses related to the fair value of that derivative in the consolidated statements of operations.
We record derivatives at fair value in the consolidated balance sheets. For additional details regarding fair value, see “—Fair Value Measurements.”
The outstanding derivatives that are designated and effective as cash flow hedges as of December 31, 2017 were:
Instrument
 ​ ​
Hedge
 ​ ​
Notional 
Amount at
December 31, 
2017
 ​ ​
Consolidated
Balance Sheet
 ​ ​
Fair value as of
 ​
​
December 31, 
2017
 ​ ​
June 30, 
2017
 ​
Options
 ​ ​
Brazilian Real calls
 ​ ​  R$— ​ ​
Other current assets
 ​ ​ ​ $ — ​ ​ ​ ​ $ 2,686 ​ ​
Swap
 ​ ​ Interest rate swap ​ ​
$150,000
 ​ ​ Other assets ​ ​ ​ $ 1,788 ​ ​ ​ ​ $ — ​ ​

The following tables show the effects of derivatives on the consolidated statements of operations and other comprehensive income for the three and six months ended December 31, 2017 and 2016.
For the Three Months Ended December 31
 ​
Instrument
 ​ ​
Hedge
 ​ ​
Gain (Loss) recorded in OCI
 ​ ​
Gain (Loss) recognized in 
consolidated statements of operations
 ​ ​
Consolidated Statement 
of Operations Line 
Item Total
 ​
​
2017
 ​ ​
2016
 ​ ​
Consolidated 
Statement 
of Operations
 ​ ​
2017
 ​ ​
2016
 ​ ​
2017
 ​ ​
2016
 ​
Options
 ​ ​
Brazilian 
Real calls
 ​ ​ ​ $ (1,781) ​ ​ ​ ​ $ 270 ​ ​ ​ Cost of goods sold ​ ​ ​ $ 517 ​ ​ ​ ​ $ (393) ​ ​ ​ ​ $ 138,957 ​ ​ ​ ​ $ 128,100 ​ ​
Swap
 ​ ​ Interest rate 
swap		 ​ ​ ​ $ 1,505 ​ ​ ​ ​ $ — ​ ​ ​
Interest expense, net
 ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 3,050 ​ ​ ​ ​ $ 3,872 ​ ​
For the Six Months Ended December 31
 ​
Instrument
 ​ ​
Hedge
 ​ ​
Gain (Loss) recorded in OCI
 ​ ​
Gain (Loss) recognized in 
consolidated statements of operations
 ​ ​
Consolidated Statement 
of Operations Line 
Item Total
 ​
​
2017
 ​ ​
2016
 ​ ​
Consolidated 
Statement 
of Operations
 ​ ​
2017
 ​ ​
2016
 ​ ​
2017
 ​ ​
2016
 ​
Options
 ​ ​
Brazilian 
Real calls
 ​ ​ ​ $ (2,686) ​ ​ ​ ​ $ 304 ​ ​ ​ Cost of goods sold ​ ​ ​ $ 703 ​ ​ ​ ​ $ (1,528) ​ ​ ​ ​ $ 268,987 ​ ​ ​ ​ $ 255,088 ​ ​
Swap
 ​ ​
Interest rate swap
 ​ ​ ​ $ 1,788 ​ ​ ​ ​ $ — ​ ​ ​
Interest expense, net
 ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 6,168 ​ ​ ​ ​ $ 7,779 ​ ​
The foreign currency derivatives generally had a maturity of two years or less; no foreign currency derivatives were outstanding as of December 31, 2017. The foreign currency derivatives were intended to hedge cash flows related to the purchase of inventory. For the six months ended December 31, 2017, realized gains of  $3,254 related to matured contracts were recorded as a component of inventory. We anticipate these gains will be recognized as an offset to cost of goods sold within the next twelve months. At June 30, 2017, net realized gains of  $966 related to matured contracts were recorded as a component of inventory. We recognized $703 of these gains in cost of goods sold during the six months ended December 31, 2017, and anticipate we will recognize the remaining $263 of these gains in costs of goods sold in the three months ending March 31, 2018. We recognize gains (losses) related to these derivative instruments as a component of cost of goods sold at the time the hedged item is sold.
In July 2017, we entered into an interest rate swap agreement on $150,000 of notional principal that effectively converts the floating LIBOR or base rate portion of our interest obligation on that amount of debt, to a fixed interest rate of 1.8325% plus the applicable rate. The agreement matures concurrent with the Credit Agreement. The forecasted transactions are probable of occurring, and the interest rate swap has been designated as a highly effective cash flow hedge. The fair value of the interest rate swap agreement is recorded as an asset or liability with a corresponding amount included in accumulated other comprehensive income (loss).