STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Jun. 30, 2022

Summary of Changes in Accumulated Other Comprehensive Income (Loss)

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


	Fiscal Year Ended June 30,
	2022		2021
Foreign currency translation adjustments:
Other comprehensive (loss) income before reclassifications	$	(102,113)	$	85,581
Amounts reclassified into income (1)	—		16,073
Deferred gains (losses) on cash flow hedging instruments:
Amount of gain (loss) recognized in AOCL on derivatives	3,511		(810)
Amount of gain (loss) reclassified from AOCL into income (expense) (2)	(2,711)		1,290
Deferred gains (losses) on fair value hedging instruments:
Amount of gain recognized in AOCL on derivatives	559		—
Amount of gain reclassified from AOCL into income	(59)		—
Deferred gain (losses) on net investment hedging instruments:
Amount of gain (loss) recognized in AOCL on derivatives	9,954		(3,359)
Amount of gain reclassified from AOCL into income (3)	(612)		(394)
Net change in AOCL	$	(91,471)	$	98,381

(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. At the completion of the sales of Danival, Fruit and GG UniqueFiber®, the Company reclassified 16,073 of translations from AOCL to the Company's results of operations.

(2)Amounts reclassified into income (expense) for deferred gains (losses) on cash flow hedging instruments are recorded on the Consolidated Statements of Operations as follows:


	Fiscal Year Ended June 30,
	2022		2021
Cost of sales	$	108	$	68
Interest and other financing expense, net	$	105	$	(150)
Other expense (income), net	$	3,218	$	(1,556)

(3)Amounts reclassified into income for deferred gains on net investment hedging instruments are recognized in “interest and other financing expense, net” in the Consolidated Statements of Operations and were $772 and $498 for the fiscal years ended June 30, 2022 and 2021, respectively.