ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

3 Months Ended

Sep. 30, 2020

Schedule of Accumulated Other Comprehensive (Loss) Income

The following table presents the changes in accumulated other comprehensive loss:


	Three Months Ended September 30,
	2020		2019
Foreign currency translation adjustments:
Other comprehensive income (loss) before reclassifications (1)	$	32,776	$	(38,942)
Amounts reclassified into income (2)	1,181		95,120
Deferred gains (losses) on cash flow hedging instruments:
Other comprehensive loss before reclassifications	(883)		—
Amounts reclassified into income (3)	923		(68)
Deferred gains (losses) on net investment hedging instruments:
Other comprehensive loss before reclassifications	(2,890)		—
Amounts reclassified into income (3)	(102)		—
Net change in accumulated other comprehensive loss	$	31,005	$	56,110

(1) Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature and were net losses of $0 and $863 for the three months ended September 30, 2020 and 2019, respectively.

(2) Foreign currency translation gains or losses of foreign subsidiaries related to divested businesses are reclassified into income once the liquidation of the respective foreign subsidiaries is substantially complete. During the three months ended September 30, 2020, the Company reclassified $1,181 of translation losses from accumulated comprehensive loss to Other (income) expense, net on the Consolidated Statement of Operations. At the completion of the sale of Tilda, the Company reclassified $95,120 of translation losses from accumulated comprehensive loss to the Company’s results of discontinued operations.

(3) See Note 15, Derivatives and Hedging Activities, for the amounts reclassified into income for deferred gains (losses) on cash flow hedging instruments recorded in the Consolidated Statements of Operations in the three months ended September 30, 2020 and 2019.