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Derivative Financial Instruments (Tables)
6 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Outstanding Forward Currency Exchange Contracts

The notional amount of the Company's outstanding forward currency exchange contracts consisted of the following (in thousands):

 

 

 

December 31,
 2023

 

 

June 30,
2023

 

Swiss Franc

 

$

45,238

 

 

$

26,867

 

Chinese Yuan

 

 

6,191

 

 

 

249

 

Euro

 

 

20,545

 

 

 

17,885

 

British Pound

 

 

736

 

 

 

516

 

Indian Rupee

 

 

6,356

 

 

 

3,539

 

Korean Won

 

 

2,338

 

 

 

 

Japanese Yen

 

 

18,799

 

 

 

12,492

 

Total outstanding forward currency exchange contracts

 

$

100,203

 

 

$

61,548

 

Schedule of Gain (loss) Associated With the Company's Derivative Financial Instruments The following table provides information about the gain or loss associated with the Company’s derivative financial instruments not designated as hedging instruments (in thousands):

 

 

 

Three Months Ended
December 31,

 

 

Six Months Ended
December 31,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Foreign currency exchange gain on forward contracts

 

$

959

 

 

$

363

 

 

$

141

 

 

$

761