Accumulated Other Comprehensive Loss

6 Months Ended

Dec. 31, 2014

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

NOTE 2. ACCUMULATED OTHER COMPREHENSIVE LOSS

The Company's accumulated other comprehensive loss shown on the accompanying consolidated balance sheets consists of foreign currency translation adjustments, which are not adjusted for income taxes since they relate to indefinite investments in non-U.S. subsidiaries, and the unrealized gains (losses), net of taxes, related to the Company's foreign currency contracts.

The components of accumulated other comprehensive loss were as follows:

		December 31,			June 30,
(Amounts in thousands)		2014			2014
Cumulative foreign currency translation adjustments	$	(12,139	)	$	(2,622	)
Unrealized hedging gains (losses), net of taxes (1)		1,142			(2,163	)
Accumulated other comprehensive loss	$	(10,997	)	$	(4,785	)

(1) Net of tax expense of $265 as of December 31, 2014 and net of tax benefit of $359 as of June 30, 2014.