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Accumulated Other Comprehensive Income
 6 Months Ended
Dec. 31, 2013
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income
COMPREHENSIVE INCOME
The following table reflects the activity for the components of accumulated other comprehensive income, net of tax, for the six months ended December 31, 2013:
(in thousands)
 
Foreign Currency
 
Unrealized Gain/Loss on Derivatives
 
Total
Balance as of June 30, 2013
 
$
(29,138
)
 
$
(900
)
 
$
(30,038
)
Other comprehensive income before reclassifications
 
22,942

 
4,183

 
27,125

Loss reclassified from accumulated other comprehensive income
 
—

 
743

 
743

Net current-period other comprehensive income
 
$
22,942

 
$
4,926

 
$
27,868

Balance at December 31, 2013
 
$
(6,196
)

$
4,026

 
$
(2,170
)

The details regarding pre-tax gain (loss) on derivative instruments reclassified to net income from accumulated other comprehensive income for the three and six months ended December 31, 2013 and 2012 are the follows:
 
 
Three Months Ended
 
 
 
 
December 31, 2013
 
December 31, 2012
 
 
(in thousands)
 
Amount of Pre-tax Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Effective Portion)
 
Amount of Pre-tax Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Effective Portion)
 
Affected Line in the Consolidated Statements of Income
Interest rate contracts
 
$
(439
)
 
$
(292
)
 
Interest expense, net
Foreign exchange contracts
 
823

 
259

 
Direct Costs
Cross-currency swap contracts
 
—

 
—

 
Miscellaneous (expense) income, net
Total
 
$
384

 
$
(33
)
 
 

 
 
Six Months Ended
 
 
 
 
December 31, 2013
 
December 31, 2012
 
 
(in thousands)
 
Amount of Pre-tax Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Effective Portion)
 
Amount of Pre-tax Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Effective Portion)
 
Affected Line in the Consolidated Statements of Income
Interest rate contracts
 
$
(868
)
 
$
(571
)
 
Interest expense, net
Foreign exchange contracts
 
(512
)
 
329

 
Direct Costs
Cross-currency swap contracts
 
114

 
218

 
Miscellaneous (expense) income, net
Total
 
$
(1,266
)
 
$
(24
)
 
 

The amounts of gain (loss) reclassified from accumulated other comprehensive income into earnings are net of taxes of $0.2 million and $0.5 million for the three and six months ended December 31, 2013, respectively.
The tax impact for the losses reclassified from accumulated other comprehensive income into earnings was immaterial for the three and six months ended December 31, 2012.