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Derivative Instruments (Tables)
 12 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The following table summarizes the notional volumes for the coffee-related derivative instruments held by the Company at June 30, 2016 and 2015:
 
 
June 30,
(In thousands)
 
2016
 
2015
Derivative instruments designated as cash flow hedges:
 
 
 
 
  Long coffee pounds
 
32,550

 
32,288

Derivative instruments not designated as cash flow hedges:
 
 
 
 
  Long coffee pounds
 
1,618

 
1,954

  Less: Short coffee pounds
 
(188
)
 
—

      Total
 
33,980

 
34,242
Schedule of Fair Values of Derivative Instruments on the Consolidated Balance Sheets
Fair values of derivative instruments on the consolidated balance sheets:
 
 
Derivative Instruments
Designated as Cash Flow Hedges
 
Derivative Instruments Not Designated as Accounting Hedges
 
 
June 30,
 
June 30,
(In thousands)
 
2016(1)
 
2015(2)
 
2016(1)
 
2015(2)
Financial Statement Location:
 
 
 
 
 
 
 
 
Short-term derivative assets:
 
 
 
 
 
 
 
 
Coffee-related derivative instruments
 
$
3,771

 
$
128

 
$
183

 
$
25

Long-term derivative assets:
 
 
 
 
 
 
 
 
Coffee-related derivative instruments
 
$
2,575

 
$
136

 
$
57

 
$
2

Short-term derivative liabilities:
 
 
 
 
 
 
 
 
Coffee-related derivative instruments
 
$
—

 
$
4,128

 
$
—

 
$
2

Long-term derivative liabilities:
 
 
 
 
 
 
 
 
Coffee-related derivative instruments
 
$
—

 
$
163

 
$
—

 
$
—


________________
(1) Included in "Short-term derivative assets" and "Other assets" on the Company's consolidated balance sheet at June 30, 2016.
(2) Included in "Short-term derivative liabilities" and "Other long-term liabilities" on the Company's consolidated balance sheet at June 30, 2015.
Schedule of Pretax Effect of Derivative Instruments on Earnings and OCI
The following table presents pretax net gains and losses for the Company's coffee-related derivative instruments designated as cash flow hedges, as recognized in “AOCI,” “Cost of goods sold” and “Other, net”:
 
 
Year Ended June 30,
Financial Statement Classification
(In thousands)
 
2016
 
2015
 
2014
 
Net gains (losses) recognized in accumulated other comprehensive income (loss) (effective portion)
 
$
303

 
$
(14,295
)
 
$
17,524

 
AOCI
Net (losses) gains recognized in earnings (effective portion)
 
$
(13,184
)
 
$
4,211

 
$
1,161

 
Costs of goods sold
Net losses recognized in earnings (ineffective portion)
 
$
(575
)
 
$
(325
)
 
$
(259
)
 
Other, net
Schedule of Net Realized and Unrealized Gains and Losses Recorded in 'Other, net'
Net gains and losses recorded in “Other, net” are as follows:
 
 
Year Ended June 30,
(In thousands)
 
2016
 
2015
 
2014
Net (losses) gains on coffee-related derivative instruments
 
$
(298
)
 
$
(2,992
)
 
$
2,655

Net gains (losses) on investments
 
611

 
(270
)
 
464

Net losses on interest rate swap
 
—

 
—

 
(5
)
     Net gains (losses) on derivative instruments and investments(1)
 
313

 
(3,262
)
 
3,114

     Other gains, net
 
243

 
248

 
563

             Other, net
 
$
556

 
$
(3,014
)
 
$
3,677


___________
(1) Excludes net (losses) gains on coffee-related derivative instruments designated as cash flow hedges recorded in cost of goods sold in the fiscal years ended June 30, 2016, 2015 and 2014.
Schedule of Offsetting Assets
The following table presents the Company’s net exposure from its offsetting derivative asset and liability positions, as well as cash collateral on deposit with its counterparty as of the reporting dates indicated:
(In thousands)
 
 
 
Gross Amount Reported on Balance Sheet
 
Netting Adjustments
 
Cash Collateral Posted
 
Net Exposure
June 30, 2016
 
Derivative Assets
 
$
6,586

 
$
—

 
$
—

 
$
6,586

June 30, 2015
 
Derivative Assets
 
$
291

 
$
(291
)
 
$
—

 
$
—

 
 
Derivative Liabilities
 
$
4,292

 
$
(291
)
 
$
1,001

 
$
3,000
Schedule of Offsetting Liabilities
The following table presents the Company’s net exposure from its offsetting derivative asset and liability positions, as well as cash collateral on deposit with its counterparty as of the reporting dates indicated:
(In thousands)
 
 
 
Gross Amount Reported on Balance Sheet
 
Netting Adjustments
 
Cash Collateral Posted
 
Net Exposure
June 30, 2016
 
Derivative Assets
 
$
6,586

 
$
—

 
$
—

 
$
6,586

June 30, 2015
 
Derivative Assets
 
$
291

 
$
(291
)
 
$
—

 
$
—

 
 
Derivative Liabilities
 
$
4,292

 
$
(291
)
 
$
1,001

 
$
3,000