Derivatives (Tables)

12 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The fair value of the interest rate swap is recorded in other current assets in the consolidated balance sheets as of June 30, 2023 and 2022:

Maturity Date	USD Notional		Floating rate receivable	Fixed rate payable		Fair value (liability) / asset
Interest rate swap
March 26, 2023	$	15,000	1M USD-SOFR	1.43	%
Fair value as of June 30, 2022						$	170
Fair value as of June 30, 2023						$	—

The following table shows the notional amount and fair value of our foreign exchange cash flow hedging instruments as of June 30, 2023 and 2022:

Settlement date	Hedged currency	Foreign currency rate	Notional amount		Fair Value
Foreign currency option contracts - liabilities
July 6, 2023 through June 21, 2024	PHP	52.50 - 57.90	$	27,303
Fair value as of June 30, 2022					981
Fair value as of June 30, 2023					100

Unrealized Net Gain (Loss) in AOCI

The table below summarizes the aggregate unrealized net gain or loss in AOCI for the three years ended June 30:

	June 30, 2023		June 30, 2022		June 30, 2021
Aggregate unrealized net loss at beginning of period	$	857	$	316	$	518
Add: Net loss / (gain) from change in fair value of cash flow hedges	524		860		(202)
Less: Net loss reclassified to earnings from effective hedges	(1,201)		(319)		—
Aggregate unrealized net loss at end of period	$	180	$	857	$	316

The following table presents changes by component:

	Foreign Currency Translation Adjustment	Derivative Valuation	Defined Benefit Plan	Total
Balance as of June 30, 2020	(1,095)	(518)	(474)	(2,087)
Foreign currency translation	(477)	—	—	(477)
Actuarial gain / (losses) on defined benefit plan	—	—	(26)	(26)
Unrealized gains / (losses) on cash flow hedges	—	202	—	202
Reclassifications to earnings	(173)	—	163	(10)
Balance as of June 30, 2021	(1,745)	(316)	(337)	(2,398)
Foreign currency translation	(2,281)	—	—	(2,281)
Actuarial gain / (losses) on defined benefit plan	—	—	287	287
Unrealized gains / (losses) on cash flow hedges	—	(905)	—	(905)
Reclassifications to earnings	—	364	153	517
Tax provision	—	218	—	218
Balance as of June 30, 2022	(4,026)	(639)	103	(4,562)
Foreign currency translation	(2,234)		—	(2,234)
Actuarial gain / (losses) on defined benefit plan	—	—	(120)	(120)
Unrealized gains / (losses) on cash flow hedges	—	(479)	—	(479)
Reclassifications to earnings	—	1,156	89	1,245
Tax provision	—	(162)	—	(162)
Balance as of June 30, 2023	(6,260)	(124)	72	(6,312)