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Summary of Significant Accounting Policies Summary of Significant Accounting Principles (Tables) | 3 Months Ended
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Sep. 30, 2019
Accounting Policies [Abstract] |
Interest and Other Income | The following table summarizes the components of other income, net:
| 2019 |  | 2018
Gains on derivatives not designated as hedging instruments (1) | $ | 19,357 |  |  | $ | 7,373 |
Currency-related (losses) gains, net (2) | (3,412 | ) |  | 2,097 |
Other (losses) gains | (271 | ) |  | 782 |
Total other income, net | $ | 15,674 |  |  | $ | 10,252 |
_____________________ (1) Primarily relates to both realized and unrealized gains (losses) on derivative currency forward and option contracts not designated as hedging instruments. (2) We have significant non-functional currency intercompany financing relationships that we may change at times and are subject to currency exchange rate volatility. The currency-related (losses) gains, net for the three months ended September 30, 2019 and 2018 are primarily driven by this intercompany activity. In addition, we have certain cross-currency swaps designated as cash flow hedges, which hedge the remeasurement of certain intercompany loans, both presented in the same component above. The unrealized gain related to cross-currency swaps was $4,678 for the three months ended September 30, 2019 while we had an unrealized loss of $837 for the three months ended September 30, 2018.
Schedule of Weighted Average Number of Shares | The following table sets forth the reconciliation of the weighted-average number of ordinary shares:
| Three Months Ended September 30,
| 2019 |  | 2018
Weighted average shares outstanding, basic | 29,747,035 |  |  | 30,883,617 |
Weighted average shares issuable upon exercise/vesting of outstanding share options/RSUs/RSAs | 782,437 |  |  | — |
Shares used in computing diluted net income (loss) per share attributable to Cimpress N.V. | 30,529,472 |  |  | 30,883,617 |
Weighted average anti-dilutive shares excluded from diluted net income (loss) per share attributable to Cimpress N.V. (1) | — |  |  | 1,222,905 |
_____________________ (1) In the periods in which a net loss is recognized, the impact of share options, RSUs, and RSAs is not included as they are anti-dilutive.
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following table summarizes the cumulative effect of adopting the new lease standard as of the adoption date of July 1, 2019:
Consolidated Balance Sheet | As reported at June 30, 2019 |  | ASC 842 adjustments |  | Adjusted balance at July 1, 2019
Assets |  |  |  |  |
Prepaid expenses and other current assets | $ | 78,065 |  |  | $ | (59 | ) |  | $ | 78,006 |
Property, plant and equipment, net | 490,755 |  |  | (121,254 | ) |  | 369,501 |
Operating lease assets, net | — |  |  | 169,668 |  |  | 169,668 |
Deferred tax assets | 59,906 |  |  | (817 | ) |  | 59,089 |
Liabilities and Shareholders' Equity |  |  |  |  |
Operating lease liabilities, current | $ | — |  |  | $ | 37,342 |  |  | $ | 37,342 |
Other current liabilities | 27,881 |  |  | (12,569 | ) |  | 15,312 |
Lease financing obligation | 112,096 |  |  | (112,096 | ) |  | — |
Operating lease liabilities, non-current | — |  |  | 139,041 |  |  | 139,041 |
Other liabilities | 53,716 |  |  | (7,169 | ) |  | 46,547 |
Retained earnings | 537,422 |  |  | 2,989 |  |  | 540,411 |

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