Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives

The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheet are as follows:

(in thousands)	September 30, 2012			June 30, 2012
Derivatives designated as hedging instruments
Other current assets - range forward contracts	$	114		$	554
Other current liabilities - range forward contracts	(762		)	(193		)
Other assets - range forward contracts	—			3
Total derivatives designated as hedging instruments	(648		)	364
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts	98			1,298
Other current liabilities - currency forward contracts	(60		)	—
Total derivatives not designated as hedging instruments	38			1,298
Total derivatives	$	(610	)	$	1,662

Gains (losses) related to derivatives not designated as hedging instruments

osses related to derivatives not designated as hedging instruments have been recognized as follows:

	Three Months Ended September 30,
(in thousands)	2012		2011
Other (income) expense, net - currency forward contracts	$	1,209	$	49

Gains (losses) related to cash flow hedges

The following represents gains losses related to cash flow hedges:

	Three Months Ended September 30,
(in thousands)	2012			2011
Loss recognized in other comprehensive income (loss), net	$	(571	)	$	(10,677	)
(Gains) losses reclassified from accumulated other comprehensive loss into other (income) expense, net	$	(41	)	$	169