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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivatives designated and not designated as hedging instruments The fair value of derivatives designated and not designated as hedging instruments in the consolidated balance sheets are as follows:
(in thousands)20242023
Derivatives designated as hedging instruments
Other current assets - range forward contracts$43 $— 
Total derivatives designated as hedging instruments43— 
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts$48 $68 
Other current liabilities - currency forward contracts(89)(100)
Total derivatives not designated as hedging instruments(41)(32)
Total derivatives$$(32)
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)202420232022
Other (income) expense, net - currency forward contracts$69 $(435)$377 
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location
As of June 30, 2024, the foreign currency-denominated intercompany loans payable designated as net investment hedges consisted of:
Instrument
Notional
(CNY in thousands)(2)
Notional
(USD in thousands)(2)
Maturity
Foreign currency-denominated intercompany loan payable¥111,541 $15,356 November 2024
Foreign currency-denominated intercompany loan payable¥109,962 $15,138 February 2025
Foreign currency-denominated intercompany loan payable¥58,213 $8,014 April 2025
(2) Includes principal and accrued interest.