Derivatives (Tables)

9 Months Ended

Mar. 31, 2023

Derivatives

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

	March 31,		June 30,
As of	2023		2022
Other current assets
Brazil Real options, net	$	536	$	498
Interest rate swap		12,233		7,417
Other assets
Brazil Real options, net		—		104
Interest rate swap		9,926		12,871
Total Fair Value
Brazil Real options, net		536		602
Interest rate swap		22,159		20,288

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

	March 31,
As of	2023
Brazil Real call options	R$	25,000
Brazil Real put options	R$	(25,000)
Interest rate swap	$	300,000

Schedule of effects of derivatives

	Three Months				Nine Months
For the Periods Ended March 31	2023		2022		2023		2022
Brazil Real options, net
Expense recorded in consolidated statements of operations	$	368	$	155	$	1,161	$	682
Consolidated statement of operations - total cost of goods sold	$	170,133	$	167,993	$	501,269	$	480,020
Expense (income) recorded in OCI	$	(83)	$	(2,058)	$	67	$	(1,651)
Interest rate swap
Expense (income) recorded in consolidated statements of operations	$	(2,994)	$	814	$	(6,502)	$	2,556
Consolidated statement of operations - total interest expense, net	$	3,871	$	2,925	$	10,822	$	8,767
Expense (income) recorded in OCI	$	3,848	$	(12,900)	$	(1,871)	$	(18,088)