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Derivatives and Hedging Activities (Tables) | 3 Months Ended
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Sep. 30, 2025
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 included in the Condensed Consolidated Income Statements for the quarters ended September 30, 2025 and 2024 are as follows:
| Quarter ended |  |
| September 30, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands)
Net foreign exchange derivative contract losses | $ | 655 |  |  | $ | 941 |  |  |  |  |
Net foreign currency transactional and re-measurement gains | (307) |  |  | (607) |  |  |  |  |
Net foreign currency exchange losses | $ | 348 |  |  | $ | 334 |  |  |  |  |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The components of the cash flow hedge included in the Condensed Consolidated Statement of Comprehensive Income for the quarters ended September 30, 2025 and 2024, are as follows:
| Quarter ended |  |
| September 30, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands)
Net interest income recognized as a result of interest rate swap | $ | (322) |  |  | $ | (508) |  |  |  |  |
Unrealized gain (loss) in fair value of interest rate swap | 15 |  |  | (885) |  |  |  |  |
Net decrease in accumulated other comprehensive income | (307) |  |  | (1,393) |  |  |  |  |
Income tax effect | (77) |  |  | (343) |  |  |  |  |
Net decrease in accumulated other comprehensive income, net of tax | $ | (230) |  |  | $ | (1,050) |  |  |  |  |
Schedule of Derivative Instruments | The Company used the following derivative instruments at September 30, 2025 and June 30, 2025, reflected in its Condensed Consolidated Balance Sheets, for the risk management purposes detailed above:
|  |  | September 30, 2025 |  | June 30, 2025
| 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: |  |  |  |  |  |  |  |  |
Forward foreign currency exchange contracts | Prepaid expenses and other current assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 15 |
Interest rate swap agreement | Other non-current assets |  | $ | 373 |  |  | $ | — |  |  | $ | 680 |  |  | $ | — |
Derivative liabilities: |  |  |  |  |  |  |  |  |
Forward foreign currency exchange contracts | Accrued expenses and other current liabilities |  | $ | — |  |  | $ | 6 |  |  | $ | — |  |  | $ | — |
Foreign currency hedge | Accrued expenses and other current liabilities |  | $ | 89 |  |  | $ | — |  |  | $ | 290 |  |  | $ | — |

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References No definition available. + Details
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- Definition Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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