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Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives designated and not designated as hedging instruments The fair value of derivatives not designated as hedging instruments in the consolidated balance sheets are as follows:
(in thousands)20222021
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$176 $36 
Other current liabilities - currency forward contracts(574)(87)
Total derivatives not designated as hedging instruments(398)(51)
Total derivatives$(398)$(51)
Losses (gains) related to derivatives not designated as hedging instruments Losses related to derivatives not designated as hedging instruments have been recognized as follows:
(in thousands)202220212020
Other income, net - currency forward contracts$377 $2 $210 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of June 30, 2022 and 2021, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
(in thousands)20222021
Instrument
Notional
(EUR)(2)
Notional
(USD)(2)
Notional
(EUR)(2)
Notional
(USD)(2)
Maturity
Foreign currency-denominated intercompany loan payable€0$0€5,173$6,146June 26, 2022
Foreign currency-denominated intercompany loan payable€13,013$13,531€0$0August 31, 2022
(2) Includes principal and accrued interest.