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Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives
The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheet are as follows:
(in thousands)
December 31,
2014
 
June 30,
2014
Derivatives designated as hedging instruments
 
 
 
Other current assets - range forward contracts
$
3,668

 
$
184

Other current liabilities - range forward contracts
—

 
(6
)
Other assets - range forward contracts
—

 
42

Total derivatives designated as hedging instruments
3,668

 
220

Derivatives not designated as hedging instruments
 
 
 
Other current assets - currency forward contracts
6,094

 
27

Other current liabilities - currency forward contracts
(120
)
 
(1,047
)
Total derivatives not designated as hedging instruments
5,974

 
(1,020
)
Total derivatives
$
9,642

 
$
(800
)
(Gains) losses related to derivatives not designated as hedging instruments
(Gains) losses related to derivatives not designated as hedging instruments have been recognized as follows:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2014

 
2013

 
2014

 
2013

Other (income) expense, net - currency forward contracts
$
(2,273
)
 
$
72

 
$
(7,169
)
 
$
114
Gains and losses related to cash flow hedges
The following represents gains and losses related to cash flow hedges:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2014

 
2013

 
2014

 
2013

Gains (losses) recognized in other comprehensive income, net
$
1,205

 
$
(273
)
 
$
2,712

 
$
(843
)
Losses reclassified from accumulated other comprehensive loss into other expense (income), net
$
152

 
$
324

 
$
502

 
$
714