Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

Assets and liabilities measured and recorded at fair value on a recurring basis were as follows:

(In thousands)	Total		Level 1		Level 2		Level 3
September 30, 2016
Preferred stock(1)	$	26,017	$	23,114	$	2,903	$	—
Derivative instruments designated as cash flow hedges:
Coffee-related derivative assets(2)	$	3,908	$	—	$	3,908	$	—
Derivative instruments not designated as accounting hedges:
Coffee-related derivative assets(2)	$	123	$	—	$	123	$	—
	Total		Level 1		Level 2		Level 3
June 30, 2016
Preferred stock(1)	$	25,591	$	21,976	$	3,615	$	—
Derivative instruments designated as cash flow hedges:
Coffee-related derivative assets(2)	$	6,346	$	—	$	6,346	$	—
Derivative instruments not designated as accounting hedges:
Coffee-related derivative assets(2)	$	240	$	—	$	240	$	—

____________________ 

(1) Included in “Short-term investments” on the Company's consolidated balance sheets.

(2) The Company's coffee derivative instruments are traded over-the-counter and, therefore, classified as Level 2.