Fair Value Measurements (Tables)

9 Months Ended

Mar. 31, 2020

Financial instruments at fair value on recurring basis

As of March 31, 2020, the fair values of our financial assets and financial liabilities are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	289	$	—	$	289
Total assets at fair value	$	—	$	289	$	—	$	289

Liabilities:
Derivatives⁽¹⁾	$	—	$	1,878	$	—	$	1,878
Total liabilities at fair value	$	—	$	1,878	$	—	$	1,878

As of June 30, 2019, the fair values of our financial assets and financial liabilities are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	152	$	—	$	152
Total assets at fair value	$	—	$	152	$	—	$	152

Liabilities:
Derivatives ⁽¹⁾	$	—	$	55	$	—	$	55
Total liabilities at fair value	$	—	$	55	$	—	$	55

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