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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table reflects the activity for the components of accumulated other comprehensive income (loss), net of tax, for the years ended June 30, 2014, 2013 and 2012:
(in thousands)
 
Foreign Currency
 
Unrealized Gain/Loss on Derivatives
 
Total
Balance as of June 30, 2011
 
$
18,719

 
$
136

 
$
18,855

Other comprehensive income before reclassifications
 
(46,334
)
 
(2,412
)
 
(48,746
)
Loss reclassified from accumulated other comprehensive income
 

 
752

 
752

Net current-period other comprehensive income
 
$
(46,334
)
 
$
(1,660
)
 
$
(47,994
)
Balance at June 30, 2012
 
$
(27,615
)

$
(1,524
)
 
$
(29,139
)
Other comprehensive income before reclassifications
 
(1,523
)
 
(1,363
)
 
(2,886
)
Loss reclassified from accumulated other comprehensive income
 

 
1,987

 
1,987

Net current-period other comprehensive income
 
$
(1,523
)
 
$
624

 
$
(899
)
Balance at June 30, 2013
 
$
(29,138
)
 
$
(900
)
 
$
(30,038
)
Other comprehensive income before reclassifications
 
27,050

 
6,411

 
33,461

Gain reclassified from accumulated other comprehensive income
 

 
(1,333
)
 
(1,333
)
Net current-period other comprehensive income
 
$
27,050

 
$
5,078

 
$
32,128

Balance at June 30, 2014
 
$
(2,088
)
 
$
4,178

 
$
2,090


The details regarding pre-tax gain (loss) on derivative instruments reclassified to net income from accumulated other comprehensive income are presented below:
 
 
Years Ended
 
Affected Line in the Consolidated Statements of Income
(in thousands)
 
2014
 
2013
 
2012
 
Interest rate contracts
 
$
(1,719
)
 
$
(1,260
)
 
$
(812
)
 
Interest expense, net
Foreign exchange contracts
 
3,420

 
(2,048
)
 

 
Direct Costs
Foreign exchange contracts
 
281

 

 

 
Service revenue
Cross-currency swap contracts
 
114

 
218

 
(276
)
 
Miscellaneous (expense) income, net
Total
 
$
2,096

 
$
(3,090
)
 
$
(1,088
)
 
 

The amounts of gain (loss) reclassified from accumulated other comprehensive income into net income are net of taxes of $0.8 million, $1.1 million, and $0.3 million and for years ended June 30, 2014, 2013 and 2012, respectively.