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Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Jun. 30, 2023
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)20232022
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$68 $176 
Other current liabilities - currency forward contracts(100)(574)
Total derivatives not designated as hedging instruments(32)(398)
Total derivatives$(32)$(398)
Losses (gains) related to derivatives not designated as hedging instruments related to derivatives not designated as hedging instruments have been recognized as follows:
(in thousands)202320222021
Other expense (income), net - currency forward contracts$(435)$377 $2 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of June 30, 2022, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
(in thousands)2022
Instrument
Notional (EUR)(2)
Notional (USD)(2)
Maturity
Foreign currency-denominated intercompany loan payable€13,013$13,531August 31, 2022
(2) Includes principal and accrued interest.