Note 4. Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss)

During the three months ended September 30, 2023 and 2022, the changes in the balances of each component of Accumulated Other Comprehensive Income (Loss), net of tax, were as follows:


Accumulated Other Comprehensive Income (Loss)
(Amounts in Thousands)	Foreign Currency Translation Adjustments		Derivative Gain (Loss)		Post Employment Benefits Net Actuarial Gain (Loss)		Accumulated Other Comprehensive Income (Loss)
Balance at June 30, 2023	$	(11,832)	$	1,368	$	(582)	$	(11,046)

Other comprehensive income (loss) before reclassifications	(4,230)		(309)		22		(4,517)
Reclassification to (earnings) loss	—		(2,213)		(5)		(2,218)
Net current-period other comprehensive income (loss)	(4,230)		(2,522)		17		(6,735)
Balance at September 30, 2023	$	(16,062)	$	(1,154)	$	(565)	$	(17,781)

Balance at June 30, 2022	$	(17,349)	$	(2,203)	$	(120)	$	(19,672)
Other comprehensive income (loss) before reclassifications	(7,237)		322		(17)		(6,932)
Reclassification to (earnings) loss	—		(408)		(77)		(485)
Net current-period other comprehensive income (loss)	(7,237)		(86)		(94)		(7,417)
Balance at September 30, 2022	$	(24,586)	$	(2,289)	$	(214)	$	(27,089)

The following reclassifications were made from Accumulated Other Comprehensive Income (Loss) to the Condensed Consolidated Statements of Income:


Reclassifications from Accumulated Other Comprehensive Income (Loss)	Three Months Ended				Affected Line Item in the Condensed Consolidated Statements of Income
	September 30
(Amounts in Thousands)	2023		2022
Derivative gain (loss) (1)	$	2,867	$	346		Cost of Sales

	(654)		62			Benefit (Provision) for Income Taxes
	$	2,213	$	408		Net of Tax
Postemployment Benefits:




Amortization of actuarial gain (2)	6		101			Non-operating income (expense), net
	(1)		(24)			Benefit (Provision) for Income Taxes
	$	5	$	77		Net of Tax

Total reclassifications for the period	$	2,218	$	485		Net of Tax

Amounts in parentheses indicate reductions to income.

(1) See Note 8 - Derivative Instruments of Notes to Condensed Consolidated Financial Statements for further information on derivative instruments.

(2) See Note 9 - Employee Benefit Plans of Notes to Condensed Consolidated Financial Statements for further information on postemployment benefit plans.