ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The following table presents the changes in accumulated other comprehensive loss (AOCL):

	Three Months Ended December 31,				Six Months Ended December 31,
	2020		2019		2020		2019
Foreign currency translation adjustments:
Other comprehensive income (loss) before reclassifications (1)	$	46,043	$	48,655	$	78,819	$	9,713
Amounts reclassified into income (2)	—		—		1,181		95,120
Deferred gains (losses) on cash flow hedging instruments:
Amount of (loss) gain recognized in AOCL on derivatives (3)	(906)		84		(1,789)		—
Amount of loss reclassified from AOCL into Expense (3)	986		(42)		1,909		(26)
Deferred gains (losses) on net investment hedging instruments:
Amount of (loss) gain recognized in AOCL on derivatives (3)	(2,980)		—		(5,870)		—
Amount of gain reclassified from AOCL into income (3)	(99)		—		(201)		—
Net change in accumulated other comprehensive loss	$	43,044	$	48,697	$	74,049	$	104,807

(1) Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature and were a net gain of $0 and $613 for the three months ended December 31, 2020 and 2019, respectively. Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature and were a net loss of $0 and $250 for the six months ended December 31, 2020 and 2019, respectively.

(2) Foreign currency translation gains or losses of foreign subsidiaries related to divested businesses are reclassified into income once the liquidation of the respective foreign subsidiaries is substantially complete. At the completion of the sale of Tilda, the Company reclassified $95,120 of translation losses from accumulated comprehensive loss to the Company’s results of discontinued operations.

(3) See Note 15, Derivatives and Hedging Activities, for the amounts reclassified into income for deferred gains (losses) on cash flow hedging instruments recorded in the Consolidated Statements of Operations in the three and six months ended December 31, 2020 and 2019.