XML 41 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Accumulated Other Comprehensive Loss
 12 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Income (Loss)
The following table presents a roll forward of amounts recognized in accumulated other comprehensive income (loss) by component, net of tax of $1,709, $5,901 and $1,371 for the years ended June 30, 2020, 2019 and 2018:

Gains (losses) on cash flow hedges (1)
 
Gains (losses) on pension benefit obligation
 
Translation adjustments, net of hedges (2)
 
Total
Balance as of June 30, 2017
$
(2,250
)

$
(357
)

$
(110,791
)

$
(113,398
)
Amounts reclassified from accumulated other comprehensive loss to retained earnings
(116
)

—


—


(116
)
Other comprehensive income before reclassifications
11,521


59


32,782


44,362

Amounts reclassified from accumulated other comprehensive loss to net income
(960
)

298


—


(662
)
Net current period other comprehensive income
10,561


357


32,782


43,700

Balance as of June 30, 2018
8,195


—


(78,009
)

(69,814
)
Other comprehensive (loss) income before reclassifications
(23,409
)
 
(204
)
 
9,638

 
(13,975
)
Amounts reclassified from accumulated other comprehensive loss to net income
3,932

 
—

 
—

 
3,932

Net current period other comprehensive (loss) income
(19,477
)
 
(204
)
 
9,638

 
(10,043
)
Balance as of June 30, 2019
(11,282
)
 
(204
)
 
(68,371
)
 
(79,857
)
Other comprehensive (loss) income before reclassifications
(24,570
)
 
(1,195
)
 
11,172

 
(14,593
)
Amounts reclassified from accumulated other comprehensive loss to net income
5,774

 
—

 
—

 
5,774

Net current period other comprehensive (loss) income
(18,796
)
 
(1,195
)
 
11,172

 
(8,819
)
Balance as of June 30, 2020
$
(30,078
)
 
$
(1,399
)
 
$
(57,199
)
 
$
(88,676
)

________________________
(1) Gains (losses) on cash flow hedges include our interest rate swap and cross-currency swap contracts designated in cash flow hedging relationships.
(2) As of June 30, 2020, 2019 and 2018, the translation adjustment is inclusive of the effects of our net investment hedges, of which, unrealized gains of $20,509 and unrealized losses of $731 and $22,014, respectively, net of tax, have been included in accumulated other comprehensive loss.