Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2020

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
As of June 30, 2021
Derivative instruments designated as cash flow hedges:

Coffee-related derivative assets(1)	$	4,115	$	—	$	4,115	$	—
Coffee-related derivative liabilities(1)	$	20	$	—	$	20	$	—

Derivative instruments not designated as accounting hedges:
Coffee-related derivative assets(1)	$	528	$	—	$	528	$	—
Coffee-related derivative liabilities(1)	$	3	$	—	$	3	$	—
Interest rate swap derivative liabilities(2)	$	3,185	$	—	$	3,185	$	—

(In thousands)	Total		Level 1		Level 2		Level 3
As of June 30, 2020

Derivative instruments designated as cash flow hedges:
Coffee-related derivative assets(1)	$	45	$	—	$	45	$	—
Coffee-related derivative liabilities(1)	$	3,568	$	—	$	3,568	$	—
Interest rate swap derivative liabilities(2)	$	3,841	$	—	$	3,841	$	—
Derivative instruments not designated as accounting hedges:
Coffee-related derivative assets(1)	$	130	$	—	$	130	$	—
Coffee-related derivative liabilities(1)	$	706	$	—	$	706	$	—

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

(2)The Company's interest rate swap derivative instrument are model-derived valuations with directly or indirectly observable significant inputs such as interest rate and, therefore, classified as Level 2.