ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Dec. 31, 2021

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,
	2021		2020		2021		2020
Foreign currency translation adjustments:
Other comprehensive (loss) income before reclassifications	$	(2,143)	$	46,043	$	(24,948)	$	78,819
Amounts reclassified into income (1)	—		—		—		1,181
Deferred gains (losses) on cash flow hedging instruments:

Amount of gain (loss) recognized in AOCL on derivatives (2)	1,002		(906)		1,537		(1,789)
Amount of (loss) gain reclassified from AOCL into expense (2)	(464)		986		(964)		1,909
Deferred gains (losses) on net investment hedging instruments:

Amount of gain (loss) recognized in AOCL on derivatives (2)	1,460		(2,980)		3,370		(5,870)
Amount of gain reclassified from AOCL into income (2)	(111)		(99)		(214)		(201)
Net change in AOCL	$	(256)	$	43,044	$	(21,219)	$	74,049

(1)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. During the six months ended December 31, 2020, the Company reclassified $1,181 of translation losses from AOCL to Other income, net on the Consolidated Statement of Operations.

(2)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, 2021 and 2020.