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Derivative Instruments (Tables)
 3 Months Ended
Sep. 30, 2022
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 September 30, 2022 and June 30, 2022:
(In thousands)September 30, 2022June 30, 2022
Derivative instruments designated as cash flow hedges:
  Long coffee pounds4,238 4,200 
Derivative instruments not designated as cash flow hedges:
  Long coffee pounds1,172 516 
      Total5,410 4,716 
Schedule of Fair Values of Derivative Instruments on the Consolidated Balance Sheets
Fair values of derivative instruments on the Company’s consolidated balance sheets:
Derivative Instruments
Designated as Cash Flow Hedges		Derivative Instruments Not Designated as Accounting Hedges
(In thousands)September 30, 2022June 30, 2022September 30, 2022June 30, 2022
Financial Statement Location:
Short-term derivative assets:
Coffee-related derivative instruments (1)$803 $2,144 $927 $555 
Interest rate swap derivative instruments (1)— — 1,129 323 
Long-term derivative assets:
    Coffee-related derivative instruments (2)34 37 — 140 
Interest rate swap derivative instruments (2)— — 102 166 
Short-term derivative liabilities:
Coffee-related derivative instruments (3)42 3 2,413 2,346 
________________
(1) Included in “Short-term derivative assets” on the Company's consolidated balance sheets.
(2) Included in “Long-term derivative assets” on the Company's consolidated balance sheets.
(3) Included in “Short-term derivative liabilities” on the Company's consolidated balance sheets.
Schedule of Pretax Effect of Derivative Instruments on Earnings and OCI
The following table presents pretax net gains and losses for the Company's derivative instruments designated as cash flow hedges, as recognized in “AOCI,” “Cost of goods sold” and “Other, net”.
Three Months Ended September 30,Financial Statement Classification
(In thousands)20222021
Net losses reclassified from AOCI to earnings for de-designated Interest rate swap(286)(314)Interest Expense
Net(losses) gains recognized in AOCI - Coffee-related(527)5,859 AOCI
Net gains recognized in earnings - Coffee - related1,281 1,920 Cost of goods sold
Schedule of Net Realized and Unrealized Gains and Losses Recorded in 'Other, net'
Net gains and losses recorded in “Other, net” are as follows:
 Three Months Ended September 30,
(In thousands)20222021
Net gains on coffee-related derivative instruments (1)$562 $1,550 
Non-operating pension and other postretirement benefits728 894 
Other gains, net318 — 
             Other, net $1,608 $2,444 
___________
(1) Excludes net gains and losses on coffee-related derivative instruments designated as cash flow hedges recorded in cost of goods sold in the three months ended September 30, 2022 and 2021.
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table provides the balances and changes in accumulated other comprehensive income (loss) related to derivative instruments for the indicated periods:
Three Months Ended September 30,
(In thousands)20222021
Accumulated other comprehensive income beginning balance$(1,692)$(4,176)
Net losses reclassified from AOCI to earnings for partial unwind of interest swap - Interest rate swap(286)(314)
Net losses (gains) recognized in AOCI - Coffee-related527 (5,859)
Net gains recognized in earnings - Coffee-related1,281 1,920 
Accumulated other comprehensive income ending balance$(170)$(8,429)
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 counterparties as of the reporting dates indicated:
(In thousands)Gross Amount Reported on Balance SheetNetting AdjustmentsCash Collateral PostedNet Exposure
September 30, 2022Derivative Assets$2,894 $(1,469)$— $1,425 
Derivative Liabilities2,455 (1,469)— 986 
June 30, 2022Derivative Assets3,365 (2,349)— 1,016 
Derivative Liabilities2,349 (2,349)— — 
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 counterparties as of the reporting dates indicated:
(In thousands)Gross Amount Reported on Balance SheetNetting AdjustmentsCash Collateral PostedNet Exposure
September 30, 2022Derivative Assets$2,894 $(1,469)$— $1,425 
Derivative Liabilities2,455 (1,469)— 986 
June 30, 2022Derivative Assets3,365 (2,349)— 1,016 
Derivative Liabilities2,349 (2,349)— —