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Derivative Instruments (Tables)
 9 Months Ended
Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Values of the Interest Rate Swap
The fair values of the interest rate swaps and their respective locations in our consolidated balance sheets at March 31, 2020 and June 30, 2019 were as follows:
Description
Balance Sheet Location
 
March 31, 2020
 
June 30, 2019
Derivative interest rate swaps
 
 
(in thousands)
Short-term derivative liability
Accrued expenses and other current liabilities
 
$
1,404

 
$
37

Long-term derivative liability
Other liabilities
 
$
3,471

 
$
1,248
Summary of Effect of Derivative Interest Rate Swap and Related Tax Effects in AOCI
The following table presents the effect of the derivative interest rate swaps in our consolidated statement of comprehensive loss for the nine months ended March 31, 2020 and 2019.
 
Gain (Loss) in AOCI June 30, 2019
 
Amount of Gain (Loss) Recognized in OCI on Derivative Instruments (Effective Portion)
 
Amount of (Gain) Loss Reclassified from AOCI into Net Loss (Effective Portion) (1)
 
Gain (Loss) in AOCI March 31, 2020
 
(in thousands)
Derivative interest rate swap
$
(1,285
)
 
$
(3,595
)
 
$
5

 
$
(4,875
)
 
 
 
 
 
 
 
 
 
Gain (Loss) in AOCI June 30, 2018
 
Amount of Gain (Loss) Recognized in OCI on Derivative Instruments (Effective Portion)
 
Amount of (Gain) Loss Reclassified from AOCI into Net Loss (Effective Portion) (1)
 
Gain (Loss) in AOCI March 31, 2019
 
(in thousands)
Derivative interest rate swap
$
2,590

 
$
(1,671
)
 
$
(281
)
 
$
638


——————
(1) 
Recorded as interest income (expense) within other expense, net in our unaudited consolidated statements of comprehensive income (loss).