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Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Financial instruments at fair value on recurring basis
As of March 31, 2018, the fair values of the Company’s financial assets and financial liabilities are categorized as follows: 
(in thousands)
Level 1

 
Level 2

 
Level 3

 
Total

Assets:
 
 
 
 
 
 
 
Derivatives (1)
$

 
$
44

 
$

 
$
44

Total assets at fair value
$

 
$
44

 
$

 
$
44

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Derivatives (1)
$

 
$
1,289

 
$

 
$
1,289

Total liabilities at fair value
$

 
$
1,289

 
$

 
$
1,289

 
As of June 30, 2017, the fair values of the Company’s financial assets and financial liabilities are categorized as follows:
(in thousands)
Level 1

 
Level 2

 
Level 3

 
Total

Assets:
 
 
 
 
 
 
 
Derivatives (1)
$

 
$
359

 
$

 
$
359

Total assets at fair value
$

 
$
359

 
$

 
$
359

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Derivatives (1)
$

 
$
910

 
$

 
$
910

Total liabilities at fair value
$

 
$
910

 
$

 
$
910

 (1) Currency derivatives are valued based on observable market spot and forward rates and are classified within Level 2 of the fair value hierarchy.