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Derivatives (Tables)

6 Months Ended

Dec. 31, 2021

Derivatives

Schedule of significant outstanding derivatives employed to manage market risk and designated as cash flow hedges

​

​	​	​	​	​	​	​
​	​	December 31,		​	June 30,
As of		2021			2021
Other assets		​			​
Brazil Real options, net	​	$	—	​	$	355
Interest rate swaps	​		5,608	​		2,341
Accrued expense and other current liabilities	​			​
Brazil Real options, net	​		(175)	​		(150)
Interest rate swaps	​		(1,415)	​		(3,336)
Other liabilities	​			​
Brazil Real options, net	​		(27)	​		—
Interest rate swaps	​		—	​		—
Total Fair Value	​		​	​
Brazil Real options, net	​		(202)	​		205
Interest rate swaps	​		4,193	​		(995)

​

Notional amounts of the derivatives as of the balance sheet date were:

​

​	​	​	​
​	​	December 31,
As of		2021
Brazil Real call options	​	R$	112,000
Brazil Real put options		R$	112,000
Interest rate swaps	​	$	300,000

​

The consolidated statements of operations and statements of other comprehensive income (“OCI”) for the periods ended December 31, 2021 and 2020 included the effects of derivatives as follows:

​	​	​	​	​	​	​	​	​	​	​	​	​
​		Three Months						Six Months
For the Periods Ended December 31	​	2021			2020			2021			2020
Brazil Real options, net		​			​		​	​			​
Expense recorded in consolidated statement of operations	​	$	99	​	$	139	​	$	527	​	$	136
Consolidated statement of operations - total cost of goods sold	​	$	162,040	​	$	137,884	​	$	312,027	​	$	268,959
(Income) expense recorded in OCI	​	$	(360)	​	$	(1,955)	​	$	407	​	$	(2,331)
Interest rate swaps	​			​			​			​
Expense recorded in consolidated statements of operations	​	$	874	​	$	828	​	$	1,742	​	$	1,642
Consolidated statement of operations - total interest expense, net	​	$	2,953	​	$	3,214	​	$	5,842	​	$	6,024
Income recorded in OCI	​	$	(4,450)	​	$	(1,774)	​	$	(5,188)	​	$	(2,487)

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- References

No definition available.

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X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

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