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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables present the changes in accumulated other comprehensive income (loss):
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
 
2018
 
2017
 
2018
 
2017
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications (1)
$
37,868

 
$
14,630

 
$
80,065

 
$
(68,329
)
Deferred gains/(losses) on cash flow hedging instruments:
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
—

 
2

 
39

 
103

Amounts reclassified into income (2)
—

 
(19
)
 
(106
)
 
(525
)
Unrealized gain/(loss) on available for sale investment:
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
(101
)
 
47

 
(103
)
 
(22
)
Amounts reclassified into income (3)
—

 
3

 
—

 
13

Net change in accumulated other comprehensive income (loss)
$
37,767

 
$
14,663

 
$
79,895

 
$
(68,760
)

(1)
Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature and were a gain of $670 and a loss of $2,017 for the three months ended March 31, 2018 and 2017, respectively, and a gain of $1,736 and $18,043 for the nine months ended March 31, 2018 and 2017, respectively.
(2)
Amounts reclassified into income for deferred gains/(losses) on cash flow hedging instruments are recorded in “Cost of sales” in the Consolidated Statements of Income and, before taxes, were $23 for the three months ended March 31, 2017 and $132 and $1,173 for the nine months ended March 31, 2018 and 2017, respectively. There were no amounts reclassified into income for deferred gains/(losses) on cash flow hedging instruments for the three months ended March 31, 2018.
(3)
Amounts reclassified into income for losses on sale of available for sale investments were based on the average cost of the shares held (See Note 13, Investments and Joint Ventures). Such amounts are recorded in “Other (income)/expense, net” in the Consolidated Statements of Income and were $5 and $21 before taxes for the three and nine months ended March 31, 2017, respectively. There were no amounts reclassified into income for losses on sale of available for sale investments for the three and nine months ended March 31, 2018.