Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Financial instruments at fair value on recurring basis

As of December 31, 2016, the fair values of the Company’s financial assets and financial liabilities are categorized as follows:

(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives (1)	$	—	$	2,543	$	—	$	2,543
Total assets at fair value	$	—	$	2,543	$	—	$	2,543
Liabilities:
Derivatives (1)	$	—	$	1,287	$	—	$	1,287
Total liabilities at fair value	$	—	$	1,287	$	—	$	1,287

As of June 30, 2016, the fair values of the Company’s financial assets and financial liabilities are categorized as follows:

(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives (1)	$	—	$	334	$	—	$	334
Total assets at fair value	$	—	$	334	$	—	$	334
Liabilities:
Derivatives (1)	$	—	$	763	$	—	$	763
Contingent consideration	—		—		6,600		6,600
Total liabilities at fair value	$	—	$	763	$	6,600	$	7,363

⁽¹⁾ Currency derivatives are valued based on observable market spot and forward rates and are classified within Level 2 of the fair value hierarchy.