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Accumulated Other Comprehensive Income
9 Months Ended
Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income
COMPREHENSIVE INCOME (LOSS)
The following table reflects the activity for the components of accumulated other comprehensive income (loss), net of tax, for the nine months ended March 31, 2016:
(in millions)
 
Foreign Currency
 
Unrealized Gain/Loss on Derivatives
 
Total
Balance as of June 30, 2015
 
$
(96.2
)
 
$
0.3

 
$
(95.9
)
Other comprehensive loss before reclassifications
 
(18.8
)
 
3.8

 
(15.0
)
Loss reclassified from accumulated other comprehensive income
 

 
(4.6
)
 
(4.6
)
Net current-period other comprehensive loss
 
$
(18.8
)
 
$
(0.8
)
 
$
(19.6
)
Balance as of March 31, 2016
 
$
(115.0
)

$
(0.5
)
 
$
(115.5
)

The change in our translation adjustment was due primarily to the movements in the Great British Pound (GBP) exchange rates against the United States Dollar (USD). The USD strengthened by 8.5% versus the GBP between June 30, 2015 and March 31, 2016. The movement in the GBP represented $9.6 million out of the $18.8 million foreign currency translation adjustment during the nine months ended March 31, 2016. The remaining foreign currency translation adjustment is attributable to the USD appreciation against other major world-wide currencies, including Indian Rupees, South African Rand and Russian Ruble.
The details regarding pre-tax gain (loss) on derivative instruments reclassified to net income from accumulated other comprehensive income (loss) for the three and nine months ended March 31, 2016 and 2015 are presented below:
 
 
Three Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
March 31, 2016
 
March 31, 2015
 
Interest rate contracts
 
$
(0.1
)
 
$
(0.3
)
 
Interest expense, net
Foreign exchange contracts
 
(1.2
)
 
(1.4
)
 
Service Revenue
Foreign exchange contracts
 
(0.7
)
 
(6.1
)
 
Direct Costs
Total
 
$
(2.0
)
 
$
(7.8
)
 
 

 
 
Nine Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
March 31, 2016
 
March 31, 2015
 
Interest rate contracts
 
$
(0.4
)
 
$
(1.1
)
 
Interest expense, net
Foreign exchange contracts
 
(1.6
)
 
(2.1
)
 
Service Revenue
Foreign exchange contracts
 
(5.3
)
 
(8.0
)
 
Direct Costs
Cross-currency swap contracts
 

 
0.2

 
Miscellaneous income (expense), net
Total
 
$
(7.3
)
 
$
(11.0
)
 
 
The amounts of gain (loss) reclassified from accumulated other comprehensive income into net income are net of taxes of $0.5 million, and $2.6 million for the three and nine months ended March 31, 2016, respectively.
The amounts of gain (loss) reclassified from accumulated other comprehensive income into net income are net of taxes of $2.8 million, and $4.0 million for the three and nine months ended March 31, 2015, respectively.