| Schedule of changes in Accumulated other comprehensive loss |
The following table reflects the changes in Accumulated other comprehensive loss by component (in thousands): | | | | | | | | | | | | Unrealized | | Foreign | | | | | | Losses on | | Currency | | | | | | Derivative | | Translation | | | | | | Instruments | | Adjustments | | Total | Balance as of June 30, 2023, net of tax(1) | | $ | 12,862 | | $ | (78,926) | | $ | (66,064) | Other comprehensive income (loss), before tax: | | | | | | | | | | Amounts before reclassifications | | | (12,632) | | | (9,941) | | | (22,573) | Amounts reclassified out | | | 10,317 | | | 3,210 | | | 13,527 | Total other comprehensive income (loss), before tax: | | | (2,315) | | | (6,731) | | | (9,046) | Tax expense | | | (2,445) | | | (761) | | | (3,206) | Total other comprehensive income (loss), net of tax: | | | (4,760) | | | (7,492) | | | (12,252) | Balance as of June 30, 2024, net of tax(1) | | $ | 8,102 | | $ | (86,418) | | $ | (78,316) | | | | | | | | | | | Other comprehensive income (loss), before tax: | | | | | | | | | | Amounts before reclassifications | | | (12,011) | | | 21,895 | | | 9,884 | Amounts reclassified out | | | 8,448 | | | 2,761 | | | 11,209 | Total other comprehensive income (loss), before tax | | | (3,563) | | | 24,656 | | | 21,093 | Tax expense | | | (2,003) | | | (654) | | | (2,657) | Total other comprehensive income (loss), net of tax | | | (5,566) | | | 24,002 | | | 18,436 | Balance as of June 30, 2025, net of tax(1) | | $ | 2,536 | | $ | (62,416) | | $ | (59,880) | | | | | | | | | | | Other comprehensive income (loss), before tax: | | | | | | | | | | Amounts before reclassifications | | | (4,702) | | | (10,142) | | | (14,844) | Amounts reclassified out | | | 2,839 | | | 2,592 | | | 5,431 | Total other comprehensive income (loss), before tax | | | (1,863) | | | (7,550) | | | (9,413) | Tax expense | | | (673) | | | (614) | | | (1,287) | Total other comprehensive income (loss), net of tax | | | (2,536) | | | (8,164) | | | (10,700) | Balance as of June 30, 2026, net of tax(1) | | $ | — | | $ | (70,580) | | $ | (70,580) |
| (1) | The Company had a net deferred tax liability for its cash flow hedge of $0.8 million and $2.5 million as of June 30, 2025 and 2024. The cash flow hedge matured in fiscal 2026 resulting in no deferred tax liability for a cash flow hedge as of June 30, 2026. |
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