Derivatives (Tables)

12 Months Ended

Jun. 30, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Foreign Exchange Contracts, Primarily Forward Contracts

At June 30, 2013 and 2012, we had outstanding foreign exchange contracts, primarily forward contracts, which are summarized below:

	June 30, 2013					June 30, 2012
	Gross Notional Value		Fair Value Asset/ (Liability)(1)			Gross Notional Value		Fair Value Asset/ (Liability)(1)
Currency Hedged (Buy/Sell):
U.S. Dollar/Euro	$	540,264	$	13,900		$	686,500	$	37,962
Euro/U.S. Dollar		191,978		(304	)		28,750		(1,056	)
Swiss Franc/U.S. Dollar		40,214		(596	)		0		0
Japanese Yen/Euro		16,341		(55	)		31,280		1,695
British Pound/Swiss Franc		12,778		91			0		0
British Pound/U.S. Dollar		9,128		(164	)		0		0
Chinese Yuan/U.S. Dollar		0		0			36,040		(428	)
Hungarian Forint/Euro		0		0			8,816		414
U.S. Dollar/Japanese Yen		0		0			1,800		2
Total	$	810,703	$	12,872		$	793,186	$	38,589

⁽¹⁾  Represents the net receivable/(payable) included in our Consolidated Balance Sheets.

Summary of Fair Value Amounts of Derivative Instruments

The following tables provide a summary of the fair value amounts of our derivative instruments as of June 30, 2013 and 2012:

		Fair Value
	Balance Sheet Location	June 30, 2013		June 30, 2012
Derivatives Designated as Cash Flow Hedges, Gross:
Other assets:
Foreign exchange contracts	Other current assets	$	11,812	$	30,761
Other liabilities:
Foreign exchange contracts	Accrued liabilities	$	169	$	979
Interest rate swap	Accrued liabilities	$	320	$	712
Interest rate swap	Other non-current liabilities	$	0	$	285
Total liabilities		$	489	$	1,976
Net asset for derivatives designated as hedging instruments		$	11,323	$	28,785
Derivatives Designated as Economic Hedges, Gross:
Other assets:
Foreign exchange contracts	Other current assets	$	3,069	$	9,864
Other liabilities:
Foreign exchange contracts	Accrued liabilities	$	1,840	$	1,057
Net asset for economic hedges:		$	1,229	$	8,807
Total net derivative asset		$	12,552	$	37,592

Schedule of Derivative Activity for Derivatives Designated as Cash Flow Hedges

The following tables show derivative activity for derivatives designated as cash flow hedges for the years ended June 30, 2013, 2012 and 2011:

Derivative	Location of Derivative Gain/(Loss) Recognized in Income	Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)									Gain/(Loss) Recognized in Income  on Derivatives (Ineffective Portion)									Gain/(Loss) from Amounts Excluded from Effectiveness Testing
		Year Ended June 30,
		2013			2012			2011			2013			2012			2011			2013		2012			2011
Foreign exchange contracts	Cost of sales	$	25,798		$	10,932		$	(34,063	)	$	0		$	0		$	0		$	0	$	2		$	15
Foreign exchange contracts	SG&A		833			586			0			0			0			0			0		0			0
Foreign exchange contracts	Foreign exchange losses, net		0			0			0			0			0			21			2,721		(4,258	)		(330	)
Interest rate swap	SG&A		(766	)		(624	)		(758	)		(4	)		(7	)		(9	)		0		0			0
Total cash flow hedges		$	25,865		$	10,894		$	(34,821	)	$	(4	)	$	(7	)	$	12		$	2,721	$	(4,256	)	$	(315	)

Derivative	Gain/(Loss) Recognized in AOCI (Effective Portion)
	Year Ended June 30,
	2013			2012			2011
Foreign exchange contracts	$	(1,089	)	$	79,819		$	(82,165	)
Interest rate swap		(76	)		(449	)		(105	)
Total cash flow hedges	$	(1,165	)	$	79,370		$	(82,270	)

Summary of Gains and Losses from Derivative Instruments that are Not Designated as Hedging Instruments

The following table summarizes gains and losses from our derivative instruments that are not designated as hedging instruments for the years ended June 30, 2013, 2012 and 2011:

Derivative	Location of Derivative Gain/(Loss)	Year Ended June 30,
		2013			2012			2011
Foreign exchange contracts	Foreign exchange losses, net	$	963		$	(7,560	)	$	(1,938	)
Foreign exchange contracts	Cost of sales	$	(3,927	)	$	8,499		$	(260	)