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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives
(in thousands)March 31, 2025
June 30, 2024
Derivatives designated as hedging instruments
Other current assets - range forward contracts$207 $43 
Total derivatives designated as hedging instruments207 43 
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$38 $48 
Other current liabilities - currency forward contracts(4)(89)
Total derivatives not designated as hedging instruments34 (41)
Total derivatives$241 $2 
(Gains) losses related to derivatives not designated as hedging instruments related to derivatives not designated as hedging instruments have been recognized as follows:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2025202420252024
Other (income) expense, net - currency forward contracts$(56)$14 $(68)$43 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of March 31, 2025, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(CNY and EUR in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable¥59,541 $8,208 April 2025
Foreign currency-denominated intercompany loan payable€7,158 $7,733 June 2025
Foreign currency-denominated intercompany loan payable€12,614 $13,628 June 2025
Foreign currency-denominated intercompany loan payable€14,182 $15,322 June 2025
Foreign currency-denominated intercompany loan payable€17,157 $18,535 June 2025
Foreign currency-denominated intercompany loan payable¥93,947 $12,952 August 2025
Foreign currency-denominated intercompany loan payable¥128,684 $17,740 October 2025
Foreign currency-denominated intercompany loan payable¥127,022 $17,511 February 2026
(2) Includes principal and accrued interest.
Schedule of Cash Hedges
The following represents (losses) gains, net of tax, related to cash flow hedges:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2025202420252024
Unrealized (loss) gain recognized in other comprehensive income$(258)$16 $827 $(43)
No portion of the gains or losses recognized in earnings was due to ineffectiveness and no amounts were excluded from our effectiveness testing for the three and nine months ended March 31, 2025 and 2024.