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Accumulated Other Comprehensive Income
 6 Months Ended
Dec. 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 six months ended December 31, 2016:
(in millions)
 
Foreign Currency
 
Unrealized Gain/Loss on Derivatives
 
Total
Balance as of June 30, 2016
 
$
(130.5
)
 
$
(5.5
)
 
$
(136.0
)
Other comprehensive loss before reclassifications
 
(22.2
)
 
(3.6
)
 
(25.8
)
Loss reclassified from accumulated other comprehensive income
 
—

 
4.7

 
4.7

Net current-period other comprehensive (loss) gain
 
$
(22.2
)
 
$
1.1

 
$
(21.1
)
Balance as of December 31, 2016
 
$
(152.7
)

$
(4.4
)
 
$
(157.1
)

The change in our translation adjustment was due primarily to the movements in the Japanese Yen (JPY), Great British Pound (GBP) and Euro (EUR) exchange rates against the United States Dollar (USD). The USD strengthened by 12.1%, 8.2% and 4.9% versus the JPY, GBP and EUR, respectively, between June 30, 2016 and December 31, 2016. The movement in the JPY, GBP and EUR represented $3.0 million, $8.4 million and $8.6 million, respectively, out of the $22.2 million foreign currency translation adjustment during the six months ended December 31, 2016. The remaining foreign currency translation adjustment is attributable to the USD appreciation against other major world-wide currencies, including Chinese Yuan, Canadian Dollar, Argentine Peso and Ukrainian Hryvnia.
The details regarding pre-tax loss on derivative instruments reclassified to net income from accumulated other comprehensive income (loss) for the three and six months ended December 31, 2016 and 2015 are presented below:
 
 
Three Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
December 31, 2016
 
December 31, 2015
 
Interest rate contracts
 
$
(0.2
)
 
$
(0.1
)
 
Interest expense, net
Foreign exchange contracts
 
(2.1
)
 
(0.2
)
 
Service Revenue
Foreign exchange contracts
 
(0.7
)
 
(1.8
)
 
Direct Costs
Total
 
$
(3.0
)
 
$
(2.1
)
 
 

 
 
Six Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
December 31, 2016
 
December 31, 2015
 
Interest rate contracts
 
$
(0.2
)
 
$
(0.3
)
 
Interest expense, net
Foreign exchange contracts
 
(4.8
)
 
(0.4
)
 
Service Revenue
Foreign exchange contracts
 
(0.8
)
 
(4.6
)
 
Direct Costs
Total
 
$
(5.8
)
 
$
(5.3
)
 
 
The amounts of loss reclassified from accumulated other comprehensive income into net income are net of taxes of $0.7 million, and $1.2 million for the three and six months ended December 31, 2016, respectively.
The amounts of loss reclassified from accumulated other comprehensive income into net income are net of taxes of $0.8 million, and $2.1 million for the three and six months ended December 31, 2015, respectively.