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Derivative Financial Instruments (Tables)
 3 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments [Table Text Block]
As of September 30, 2016, we had the following outstanding currency forward contracts that were not designated for hedge accounting and were used to hedge fluctuations in the U.S. Dollar value of forecasted transactions denominated in Australian Dollar, Canadian Dollar, Danish Krone, Euro, British Pound, Indian Rupee, New Zealand Dollar, Norwegian Krone, Swedish Krona, and Swiss Franc:
Notional Amount
 
Effective Date
 
Maturity Date
 
Number of Instruments
 
Index
$328,016
 
June 2015 through September 2016
 
Various dates through March 2018
 
430
 
Various
As of September 30, 2016, we had five outstanding interest rate swap contracts indexed to one-month LIBOR. These instruments were designated as cash flow hedges of interest rate risk and have varying start dates and maturity dates through June 2019.
Interest rate swap contracts outstanding:
 
Notional Amounts
Contracts accruing interest as of September 30, 2016
 
$
115,000

Contracts with a future start date
 
65,000

Total
 
$
180,000
Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The table below presents the fair value of our derivative financial instruments as well as their classification on the balance sheet as of September 30, 2016 and June 30, 2016:
 
September 30, 2016

Asset Derivatives

Liability Derivatives
Derivatives designated as hedging instruments
Balance Sheet line item

Gross amounts of recognized assets

Gross amount offset in consolidated balance sheet

Net amount

Balance Sheet line item

Gross amounts of recognized liabilities

Gross amount offset in consolidated balance sheet

Net amount
Derivatives in Cash Flow Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
Other non-current assets

$
—


$
—


$
—


Other current liabilities / other liabilities

$
(1,755
)

$
—


$
(1,755
)
Cross-currency swaps
Other non-current assets
 
—

 
—

 
—

 
Other liabilities
 
(4,712
)
 
—

 
(4,712
)
Derivatives in Net Investment Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cross-currency swaps
Other non-current assets
 
—

 
—

 
—

 
Other liabilities
 
(9,351
)
 
—

 
(9,351
)
Currency forward contracts
Other non-current assets
 
—

 
—

 
—

 
Other liabilities
 
(650
)
 
—

 
(650
)
Total derivatives designated as hedging instruments


$
—


$
—


$
—




$
(16,468
)

$
—


$
(16,468
)
















Derivatives not designated as hedging instruments















Currency forward contracts
Other current assets / other assets

$
10,359


$
(1,361
)

$
8,998


Other current liabilities / other liabilities

$
(1,495
)

$
355


$
(1,140
)
Total derivatives not designated as hedging instruments


$
10,359


$
(1,361
)

$
8,998




$
(1,495
)

$
355


$
(1,140
)

June 30, 2016

Asset Derivatives

Liability Derivatives
Derivatives designated as hedging instruments
Balance Sheet line item

Gross amounts of recognized assets

Gross amount offset in consolidated balance sheet

Net amount

Balance Sheet line item

Gross amounts of recognized liabilities

Gross amount offset in consolidated balance sheet

Net amount
Derivatives in Cash Flow Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
Other non-current assets

$
—


$
—


$
—


Other current liabilities / other liabilities

$
(2,180
)

$
—


$
(2,180
)
Cross-currency swaps
Other non-current assets

—


—


—


Other liabilities

(2,080
)

—


(2,080
)
Derivatives in Net Investment Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cross-currency swaps
Other non-current assets

—


—


—


Other liabilities

(6,770
)

—


(6,770
)
Currency forward contracts
Other non-current assets

—


—


—


Other liabilities

(165
)

—


(165
)
Total derivatives designated as hedging instruments


$
—


$
—


$
—




$
(11,195
)

$
—


$
(11,195
)
















Derivatives not designated as hedging instruments















Currency forward contracts
Other current assets

$
10,748


$
(927
)

$
9,821


Other current liabilities

$
(508
)

$
358


$
(150
)
Total derivatives not designated as hedging instruments


$
10,748


$
(927
)

$
9,821




$
(508
)

$
358


$
(150
)
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net
The following table presents the effect of our derivative financial instruments designated as hedging instruments and their classification within comprehensive loss for the quarters ended September 30, 2016 and 2015:
Derivatives in Hedging Relationships
Amount of Gain (Loss) Recognized in Comprehensive (Loss) Income on Derivatives (Effective Portion)
 
Three Months Ended September 30,
In thousands
2016
 
2015
Derivatives in Cash Flow Hedging Relationships
 
 
 
Interest rate swaps
$
251

 
$
(926
)
Cross-currency swaps
(2,020
)
 
—

Derivatives in Net Investment Hedging Relationships
 
 
 
Cross-currency swaps
(2,059
)
 
419

Currency forward contracts
(456
)
 
—

 
$
(4,284
)
 
$
(507
)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The following table presents reclassifications out of accumulated other comprehensive loss for the quarters ended September 30, 2016 and 2015:
Details about Accumulated Other
Comprehensive Loss Components
Amount Reclassified from Accumulated Other Comprehensive Loss to Net (Loss) Income
 
Affected line item in the
Statement of Operations
 
Three Months Ended September 30,
 
 
In thousands
2016
 
2015
 
 
Derivatives in Cash Flow Hedging Relationships
 
 
 
 
 
Interest rate swaps
$
(156
)
 
$
(302
)
 
Interest expense, net
Cross-currency swaps
(953
)
 
—

 
Other income (expense), net
Total before income tax
(1,109
)
 
(302
)
 
Income (loss) before income taxes
Income tax
277

 
76

 
Income tax provision
Total
$
(832
)
 
$
(226
)
 
 
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table presents the adjustment to fair value recorded within the consolidated statements of operations for derivative instruments for which we did not elect hedge accounting, as well as the effect of our de-designated derivative financial instruments that no longer qualify as hedging instruments in the period:
 
Amount of Gain (Loss) Recognized in Net (Loss) Income
 
Location of Gain (Loss) Recognized in Income (Ineffective Portion)
 
Three Months Ended September 30,
 
 
In thousands
2016
 
2015
 
 
Derivatives not designated as hedging instruments
 
 
 
 
 
Currency contracts
$
77

 
$
2,374

 
Other income (expense), net
Interest rate swaps
—

 
(7
)
 
Other income (expense), net
 
$
77

 
$
2,367