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Derivatives and Hedging Activities (Tables)
 9 Months Ended
Mar. 31, 2019
General Discussion of Derivative Instruments and Hedging Activities [Abstract]  
Schedule of Derivative Contracts and Changes in Underlying Value of the Foreign Currency Exposures
Summarized financial information related to these derivative contracts and changes in the underlying value of the foreign currency exposures are as follows:
 
Quarter ended
 
Nine months ended
 
March 31,
 
March 31,
 
2019
 
2018
 
2019
 
2018
 
(in thousands)
Net foreign exchange derivative contract (gains) losses
$
1,125

 
$
1,115

 
$
178

 
$
2,057

Net foreign currency transactional and re-measurement (gains) losses
(654
)
 
(622
)
 
810

 
(782
)
Net foreign currency (gains) losses
$
471

 
$
493

 
$
988

 
$
1,275
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The components of the cash flow hedge included in accumulated other comprehensive income (loss), net of income taxes, in the Condensed Consolidated Balance Sheets, are as follows:

 
 
Quarter ended
 
Nine months ended
 
 
March 31,
 
March 31,
 
 
2019
 
2018
 
2019
 
2018
 
 
(in thousands)
Net interest (income) expense recognized as a result of interest rate swap
 
$
(79
)
 
$
28

 
$
(161
)
 
$
174

Unrealized gain (loss) in fair value of interest rate swap
 
(385
)
 
725

 
(919
)
 
1,136

Net increase (decrease) in accumulated other comprehensive income (loss)
 
$
(464
)
 
$
753

 
$
(1,080
)
 
$
1,310

Income tax effect
 
(114
)
 
192

 
(261
)
 
400

Net increase (decrease) in accumulated other comprehensive income (loss), net of tax
 
$
(350
)
 
$
561

 
$
(819
)
 
$
910
Schedule of Derivative Instruments
The Company used the following derivative instruments as of March 31, 2019 and June 30, 2018, reflected in its Condensed Consolidated Balance Sheets, for the risk management purposes detailed above:
 
 
 
March 31, 2019
 
June 30, 2018
 
Balance Sheet Location
 
Fair Value  of
Derivatives
Designated 
as Hedge Instruments
 
Fair Value  of
Derivatives
Not Designated as  Hedge Instruments
 
Fair Value  of
Derivatives
Designated
as Hedge Instruments
 
Fair Value  of
Derivatives
Not Designated as Hedge Instruments
 
 
 
(in thousands)
Derivative assets:
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Prepaid expenses and other current assets
 
$
—

 
$
581

 
$
—

 
$
157

Interest rate swap agreement
Other non-current assets
 
$
524

 
$
—

 
$
1,604

 
$
—

Derivative liabilities:
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Accrued expenses and other current liabilities
 
$
—

 
$
112

 
$
—

 
$
156