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Derivatives and Hedging Activities (Tables)
 6 Months Ended
Dec. 31, 2020
General Discussion of Derivative Instruments and Hedging Activities [Abstract]  
Schedule of Derivative Contracts and Changes in Underlying Value of the Foreign Currency Exposures Summarized financial information related to these derivative contracts and changes in the underlying value of the foreign currency exposures included in the Condensed Consolidated Income Statements for the quarters and six months ended December 31, 2020 and 2019 are as follows:
 Quarter endedSix months ended
December 31,December 31,
 2020201920202019
 (in thousands)
Net foreign exchange derivative contract losses (gains)$1,818 $668 $1,913 $(485)
Net foreign currency transactional and re-measurement (gains) losses(1,437)(732)(1,094)667 
Net foreign currency exchange losses (gains)$381 $(64)$819 $182 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The components of the cash flow hedge included in the Condensed Consolidated Statement of Comprehensive Income for the quarters and six months ended December 31, 2020 and 2019, are as follows:
Quarter endedSix months ended
December 31,December 31,
 2020201920202019
(in thousands)
Net interest expense recognized as a result of interest rate swap$565 $136 $1,125 $163 
Unrealized gain (loss) in fair value of interest rate swap135 1,068 (268)(372)
Net increase (decrease) in accumulated other comprehensive income700 1,204 857 (209)
Income tax effect181 304 230 (38)
Net increase (decrease) in accumulated other comprehensive income, net of tax$519 $900 $627 $(171)
Schedule of Derivative Instruments
The Company used the following derivative instruments at December 31, 2020 and June 30, 2020, reflected in its Condensed Consolidated Balance Sheets, for the risk management purposes detailed above:

 December 31, 2020June 30, 2020
 Balance Sheet LocationFair Value  of
Derivatives
Designated 
as Hedge Instruments		Fair Value  of
Derivatives
Not Designated as  Hedge Instruments		Fair Value  of
Derivatives
Designated
as Hedge Instruments		Fair Value  of
Derivatives
Not Designated as Hedge Instruments
 (in thousands)
Derivative liabilities:
Foreign exchange contractsAccrued expenses and other current liabilities$— $23 $— $26 
Interest rate swap agreementOther long-term liabilities$8,489 $— $9,433 $—