Derivatives (Tables)

3 Months Ended

Sep. 30, 2021

Derivatives

Schedule of significant outstanding derivatives employed to manage market risk and designated as cash flow hedges

	September 30,		June 30,
As of	2021		2021
Other assets
Brazil Real options, net	$	—	$	355
Interest rate swaps		2,634		2,341
Accrued expense and other current liabilities
Brazil Real options, net		(467)		(150)
Interest rate swaps		(2,891)		(3,336)
Other liabilities
Brazil Real options, net		(95)		—
Interest rate swaps		—		—
Total Fair Value
Brazil Real options, net		(562)		205
Interest rate swaps		(257)		(995)

Notional amounts of the derivatives as of the balance sheet date were:

	September 30,
As of	2021
Brazil Real call options	R$	96,000
Brazil Real put options	R$	96,000
Interest rate swaps	$	300,000

The consolidated statements of operations and statements of other comprehensive income (“OCI”) for the periods ended September 30, 2021 and 2020 included the effects of derivatives as follows:

	Three Months
For the Periods Ended September 30	2021		2020
Brazil Real options, net
(Income) expense recorded in consolidated statement of operations	$	428	$	(3)
Consolidated statement of operations - total cost of goods sold	$	149,987	$	131,075
(Income) expense recorded in OCI	$	767	$	(376)
Interest rate swaps
Expense recorded in consolidated statements of operations		868		813
Consolidated statement of operations - total interest expense, net	$	2,889	$	2,810
(Income) expense recorded in OCI	$	(738)	$	(713)