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Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives

(in thousands)			March 31, 2023						June 30, 2022
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts			$	160					$	176
Other current liabilities - currency forward contracts			(3)						(574)
Total derivatives not designated as hedging instruments			157						(398)
Total derivatives			$	157					$	(398)

(Gains) losses related to derivatives not designated as hedging instruments

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

			Three Months Ended March 31,												Nine Months Ended March 31,
(in thousands)			2023						2022						2023						2022
Other expense (income), net - currency forward contracts			$	56					$	(541)					$	(447)					$	(535)

Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location

As of March 31, 2023, 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			€	17,129		$	18,649		June 30, 2023

(2) Includes principal and accrued interest.

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- References

No definition available.

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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 https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959

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- Definition

Tabular disclosure for net investment hedges 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 https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

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- Definition

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 https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4CC
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL109998890-113959

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