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Note 14. Derivative Instruments (Tables)
12 Months Ended
Jun. 30, 2020
Derivative Instruments [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Fair Values of Derivative Instruments on the Consolidated Balance Sheets
 
Asset Derivatives
 
Liability Derivatives
 
 
 
Fair Value As of
 
 
 
Fair Value As of
(Amounts in Thousands)
Balance Sheet Location
 
June 30
2020
 
June 30
2019
 
Balance Sheet Location
 
June 30
2020
 
June 30
2019
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Prepaid expenses and other current assets
 
$
517


$
1,136

 
Accrued expenses
 
$
2,054


$
278

 
 
 
 
 
 
 
 
 
 
 
 
Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Prepaid expenses and other current assets
 
224


696

 
Accrued expenses
 
80


21

Total derivatives
 
 
$
741


$
1,832

 
 
 
$
2,134


$
299

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The Effect of Derivative Instruments on Other Comprehensive Income (Loss)
 
 
 
 
June 30
(Amounts in Thousands)
 
 
 
2020
 
2019
 
2018
Amount of Pre-Tax Gain or (Loss) Recognized in Other Comprehensive Income (Loss) (OCI) on Derivatives:
 
 
Foreign exchange contracts
 
$
(2,079
)
 
$
3,337

 
$
(2,669
)

The Effect of Derivative Instruments on Consolidated Statements of Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in Thousands)
 
 
 
Year Ended June 30
Derivatives in Cash Flow Hedging Relationships
 
Location of Gain or (Loss) 
 
2020
 
2019
 
2018
Amount of Pre-Tax Gain or (Loss) Reclassified from Accumulated OCI into Income:
 
 
 
 
Foreign exchange contracts
 
Cost of Sales
 
$
64

 
$
1,061

 
$
(1,648
)
Foreign exchange contracts
 
Non-operating income (expense)
 

 
5

 
(20
)
Total
 
$
64

 
$
1,066

 
$
(1,668
)
 
 
 
 
 
 
 
 
 
Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
 
 
 
Amount of Pre-Tax Gain or (Loss) Recognized in Income on Derivatives:
 
 
 
 
 
 
Foreign exchange contracts
 
Non-operating income (expense)
 
$
1,558

 
$
2,766

 
$
796

 
 
 
 
 
 
 
 
 
Total Derivative Pre-Tax Gain (Loss) Recognized in Income
 
$
1,622

 
$
3,832

 
$
(872
)