Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Financial instruments at fair value on recurring basis

As of September 30, 2017, 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)	$	—	$	163	$	—	$	163
Total assets at fair value	$	—	$	163	$	—	$	163
Liabilities:
Derivatives (1)	$	—	$	1,674	$	—	$	1,674
Total liabilities at fair value	$	—	$	1,674	$	—	$	1,674

As of June 30, 2017, 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)	$	—	$	359	$	—	$	359
Total assets at fair value	$	—	$	359	$	—	$	359
Liabilities:
Derivatives (1)	$	—	$	910	$	—	$	910
Total liabilities at fair value	$	—	$	910	$	—	$	910

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