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Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives
(in thousands)December 31,
2021
June 30, 2021
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$25 $36 
Other current liabilities - currency forward contracts(61)(87)
Total derivatives not designated as hedging instruments(36)(51)
Total derivatives$(36)$(51)
(Gains) losses related to derivatives not designated as hedging instruments osses related to derivatives not designated as hedging instruments have been recognized as follows:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2021202020212020
Other income, net - currency forward contracts$(134)$(2,127)$$(1,409)
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of December 31, 2021, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(EUR in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable5,265 $5,953 June 26, 2022
(2) Includes principal and accrued interes