Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Financial instruments at fair value on recurring basis

As of December 31, 2018, 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)	$	—	$	513	$	—	$	513
Total assets at fair value	$	—	$	513	$	—	$	513
Liabilities:
Derivatives (1)	$	—	$	49	$	—	$	49
Total liabilities at fair value	$	—	$	49	$	—	$	49

As of June 30, 2018, 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)	$	—	$	1,665	$	—	$	1,665
Total assets at fair value	$	—	$	1,665	$	—	$	1,665
Liabilities:
Derivatives (1)	$	—	$	207	$	—	$	207
Total liabilities at fair value	$	—	$	207	$	—	$	207

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