v3.22.4
Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives
(in thousands)December 31, 2022
June 30, 2022
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$99 $176 
Other current liabilities - currency forward contracts(8)(574)
Total derivatives not designated as hedging instruments91 (398)
Total derivatives$91 $(398)
(Gains) losses related to derivatives not designated as hedging instruments (Gains) losses related to derivatives not designated as hedging instruments have been recognized as follows:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2022202120222021
Other expense (income), net - currency forward contracts$(197)$(134)$(503)$6 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of December 31, 2022, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(EUR in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable€17,040 $18,182 June 30, 2023
(2) Includes principal and accrued interest.