Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2021

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, 2022
Derivative instruments designated as cash flow hedges:

Coffee-related derivative assets - (1)	$	2,181	$	—	$	2,181	$	—
Coffee-related derivative liabilities (1)	3		—		3		—

Derivatives not designated as accounting hedges:
Coffee-related derivative assets - (1)	695		—		695		—
Coffee-related derivative liabilities (1)	2,346		—		2,346		—
Interest rate swap derivative asset (2)	489		—		489		—

	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		—
Derivatives 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		—

____________________

(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.