v3.26.3
Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of derivatives
The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheets are as follows:
(in thousands)September 30, 2026
June 30, 2026
Derivatives designated as hedging instruments
Other current assets - range forward contracts$150 $— 
Other current liabilities - range forward contracts— — 
Total derivatives designated as hedging instruments150 — 
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$830 $32 
Other current liabilities - currency forward contracts(141)(213)
Total derivatives not designated as hedging instruments689 (181)
Total derivatives$839 $(181)
Schedule of (gains) losses related to derivatives not designated as hedging instruments These contracts are recorded at fair value in the condensed consolidated balance sheets, with the offset to other income, net. (Gains) losses related to derivatives not designated as hedging instruments have been recognized as follows:
Three Months Ended September 30,
(in thousands)20262025
Other (income) expense, net $(677)$3 
Schedule of cash flow hedges
The following represents gains (losses), net of tax, related to cash flow hedges:
Three Months Ended September 30,
(in thousands)20262025
Unrealized gain (loss) recognized in other comprehensive loss$72 $(8)
Schedule of foreign currency-denominated intercompany loans payable designated as net investment hedges
As of September 30, 2026, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(EUR and CNY in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable¥124,007 $18,494 March 2027
Foreign currency-denominated intercompany loan payable¥41,379 $6,171 May 2027
Foreign currency-denominated intercompany loan payable¥88,274 $13,165 July 2027
Foreign currency-denominated intercompany loan payable¥70,337 $10,490 August 2027
(2) Includes principal and accrued interest.