ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Sep. 30, 2021

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table presents the changes in accumulated other comprehensive loss ("AOCL"):

	Three Months Ended September 30,
	2021		2020
Foreign currency translation adjustments:
Other comprehensive (loss) income before reclassifications	$	(22,805)	$	32,776
Amounts reclassified into income (1)	—		1,181
Deferred gains (losses) on cash flow hedging instruments:
Other comprehensive gain (loss) before reclassifications	535		(883)
Amounts reclassified into (expense) income (2)	(500)		923
Deferred gains (losses) on net investment hedging instruments:
Other comprehensive gain (loss) before reclassifications	1,910		(2,890)
Amounts reclassified into expense (2)	(103)		(102)
Net change in AOCL	$	(20,963)	$	31,005

(1) 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 AOCL to Other income, net on the Consolidated Statement of Operations.

(2) 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, 2021 and 2020.