v3.26.1
Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives designated and not designated as hedging instruments
The fair value of derivatives designated and not designated as hedging instruments in the consolidated balance sheets are as follows:
(in thousands)20262025
Derivatives designated as hedging instruments
Other current liabilities - range forward contracts$— $(9)
Total derivatives designated as hedging instruments— (9)
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$32 $88 
Other current liabilities - currency forward contracts(213)(72)
Total derivatives not designated as hedging instruments(181)16 
Total derivatives$(181)$7 
Losses (gains) related to derivatives not designated as hedging instruments These contracts are recorded at fair value in the consolidated balance sheets, with the offset to other income, net. Losses (gains) related to derivatives not designated as hedging instruments have been recognized as follows:
(in thousands)202620252024
Loss (gain) recognized in other income, net$282 $(58)$69 
Schedule of Cash Hedges
The following represents (losses) gains, net of tax, related to cash flow hedges:
(in thousands)20262025
Unrealized (loss) gain recognized in other comprehensive income (loss)$(207)$771 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of June 30, 2026, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(CNY in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable¥87,611 $12,910 January 2027
Foreign currency-denominated intercompany loan payable¥69,658 $10,264 February 2027
Foreign currency-denominated intercompany loan payable¥123,069 $18,134 March 2027
Foreign currency-denominated intercompany loan payable¥41,065 $6,051 May 2027
(2) Includes principal and accrued interest.