Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives

The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheet are as follows:

(in thousands)	December 31, 2013			June 30, 2013
Derivatives designated as hedging instruments
Other current assets - range forward contracts	$	73		$	658
Other current liabilities - range forward contracts	(1,095		)	(522		)
Other assets - range forward contracts	—			69
Total derivatives designated as hedging instruments	(1,022		)	205
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts	56			48
Other current liabilities - currency forward contracts	(132		)	(8		)
Total derivatives not designated as hedging instruments	(76		)	40
Total derivatives	$	(1,098	)	$	245

Losses related to derivatives not designated as hedging instruments

osses related to derivatives not designated as hedging instruments have been recognized as follows:

	Three Months Ended December 31,				Six Months Ended  December 31,
(in thousands)	2013		2012		2013		2012
Other expense (income), net - currency forward contracts	$	72	$	261	$	114	$	1,470

Losses and gains related to cash flow hedges

The following represents gains and losses related to cash flow hedges:

	Three Months Ended December 31,						Six Months Ended  December 31,
(in thousands)	2013			2012			2013			2012
Losses recognized in other comprehensive loss, net	$	(273	)	$	(102	)	$	(843	)	$	(673	)
Losses reclassified from accumulated other comprehensive loss into other expense (income), net	$	324		$	298		$	714		$	257