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Accumulated Other Comprehensive Income
 9 Months Ended
Mar. 31, 2017
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, 2017:
(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
 
(5.7
)
 
12.6

 
6.9

Loss reclassified from accumulated other comprehensive income
 
—

 
(6.0
)
 
(6.0
)
Net current-period other comprehensive (loss) gain
 
$
(5.7
)
 
$
6.6

 
$
0.9

Balance as of March 31, 2017
 
$
(136.2
)

$
1.1

 
$
(135.1
)

The change in our translation adjustment was due primarily to the movements in the Euro (EUR), Great British Pound (GBP). Japanese Yen (JPY), Indian Rupee(INR), Taiwan Dollar (TWD) and South African Rand (ZAR) exchange rates against the United States Dollar (USD). The USD appreciated by 3.1%, 7.0% and 7.8% versus the EUR, GBP and JPY, respectively, between June 30, 2016 and March 31, 2017. The movement in the EUR, GBP and JPY represented $5.4 million, $6.9 million and $1.9 million, respectively. This impact was offset by USD depreciation against INR, TWD and ZAR by 4.4%, 6.7% and 15.7%, respectively. The movement of INR, TWD and ZAR represented $4.2 million, $2.4 million and $1.7 million, respectively, resulting in $5.7 million foreign currency translation adjustment during the nine months ended March 31, 2017.
The details regarding pre-tax loss on derivative instruments reclassified to net income from accumulated other comprehensive income for the three and nine months ended March 31, 2017 and 2016 are presented below:
 
 
Three Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
March 31, 2017
 
March 31, 2016
 
Interest rate contracts
 
$
(0.1
)
 
$
(0.1
)
 
Interest expense, net
Foreign exchange contracts
 
(1.4
)
 
(1.2
)
 
Service Revenue
Foreign exchange contracts
 
(0.2
)
 
(0.7
)
 
Direct Costs
Total
 
$
(1.7
)
 
$
(2.0
)
 
 

 
 
Nine Months Ended
 
Affected Line in the Consolidated Statements of Income
(in millions)
 
March 31, 2017
 
March 31, 2016
 
Interest rate contracts
 
$
(0.3
)
 
$
(0.4
)
 
Interest expense, net
Foreign exchange contracts
 
(6.2
)
 
(1.6
)
 
Service Revenue
Foreign exchange contracts
 
(1.1
)
 
(5.3
)
 
Direct Costs
Total
 
$
(7.6
)
 
$
(7.3
)
 
 
The amounts of gain/loss reclassified from accumulated other comprehensive loss into net income are net of taxes of $0.3 million, and $1.6 million for the three and nine months ended March 31, 2017, respectively.
The amounts of loss reclassified from accumulated other comprehensive loss 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.