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Note 16 - Accumulated Other Comprehensive Loss
 3 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

(16)

Accumulated Other Comprehensive Loss

 

Accumulated other comprehensive loss consists of foreign currency translation adjustments and unrealized gains or losses on investments. Foreign currency translation adjustments are the result of changes in foreign currency exchange rates related to our operations in Canada, Honduras and Mexico. Assets and liabilities are translated into U.S. dollars using the current period-end exchange rate and income and expense amounts are translated using the average exchange rate for the period in which the transaction occurred. All unrealized gains and losses on investments are included in Accumulated Other Comprehensive Loss within the consolidated balance sheets.

 

The components of accumulated other comprehensive loss are as follows (in thousands):

 

   

December 31,
2023

    

June 30,
2023

  

Accumulated foreign currency translation adjustments

   $ (3,135 )   $ (3,219 )

Accumulated unrealized gains on investments, net of tax

     2,072       434  
    $ (1,063 )   $ (2,785 )

 

The following table sets forth the activity in accumulated other comprehensive loss (in thousands):

 

   

2023

    

2022

  

Beginning balance at July 1

   $ (2,785 )   $ (6,462 )

Other comprehensive loss, net of tax

     1,708       718  

Less AOCI attributable to noncontrolling interests

     14       (5 )

Ending balance at December 31

   $ (1,063 )   $ (5,749 )