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Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives designated and not designated as hedging instruments

The fair value of derivatives designated and not designated as hedging instruments in the consolidated balance sheet are as follows:

(in thousands)	2019				2018
Derivatives designated as hedging instruments
Other current assets - range forward contracts	$	145			$	799
Other current liabilities - range forward contracts	—				(5		)
Other assets - range forward contracts	—				27
Total derivatives designated as hedging instruments	145				821
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts	8				839
Other current liabilities - currency forward contracts	(56		)		(202		)
Total derivatives not designated as hedging instruments	(48		)		637
Total derivatives	$	97			$	1,458

Losses (gains) related to derivatives not designated as hedging instruments

Losses (gains) related to derivatives not designated as hedging instruments have been recognized as follows:

(in thousands)	2019				2018				2017
Other income, net - currency forward contracts	$	108			$	(122	)		$	(873	)

Losses related to cash flow hedges

The following represents gains and losses related to cash flow hedges:

(in thousands)	2019				2018				2017
Gains (losses) recognized in other comprehensive (loss) income, net	$	921			$	(922	)		$	(471	)
Losses reclassified from accumulated other comprehensive loss into other income, net	$	1,004			$	3,001			$	1,557

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

As of June 30, 2019, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:

Instrument	Notional (EUR in thousands)(2)		Notional (USD in thousands)(2)		Maturity
Foreign currency-denominated intercompany loan payable	28,125		32,024		June 26, 2022

⁽²⁾ Includes principal and accrued interest.

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- References

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Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959

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- Definition

Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4CCC
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998896-113959

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Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4CC
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998890-113959

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