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Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives

(in thousands)			December 31, 2023						June 30, 2023
Derivatives designated as hedging instruments
Other current assets - range forward contracts			$	80					$	—
Other current liabilities - range forward contracts			(1)						—
Total derivatives designated as hedging instruments			79						—
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts			$	20					$	68
Other current liabilities - currency forward contracts			(35)						(100)
Total derivatives not designated as hedging instruments			(15)						(32)
Total derivatives			$	64					$	(32)

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

osses 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)			2023						2022						2023						2022
Other (income) expense, net - currency forward contracts			$	(93)					$	(197)					$	29					$	(503)

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

As of December 31, 2023, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:

Instrument			Notional (EUR and CNY in thousands)(2)			Notional (USD in thousands)(2)			Maturity
Foreign currency-denominated intercompany loan payable			€	10,058		$	11,113		June 2024
Foreign currency-denominated intercompany loan payable			¥	109,878		$	15,472		November 2024

(2) Includes principal and accrued interest.

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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
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B

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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
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

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

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

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-Name Accounting Standards Codification
-Section 50
-Paragraph 4CC
-SubTopic 10
-Topic 815
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4CC

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