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Derivative Instruments and Hedging Activities (Tables)
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3 Months Ended |
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Sep. 30, 2018 |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] |
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| Schedule of Derivative Instruments, Location, Designated and Non-Designated, Gains (Losses) |
The locations and amounts of designated and non-designated derivative instruments’ gains and losses reported in the condensed consolidated financial statements for the indicated periods were as follows:
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Three months ended
September 30,
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(In thousands)
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位置在财务状况ments
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2018
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2017
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Derivatives Designated as Hedging Instruments
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Gains (losses) in accumulated OCI on derivatives (effective portion)
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Accumulated OCI
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$
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13,794
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$
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444
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Gains (losses) reclassified from accumulated OCI into income (effective portion):
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Revenues
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$
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983
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$
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968
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Costs of revenues
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(134
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)
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961
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Interest expense
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188
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189
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Net gains (losses) reclassified from accumulated OCI into income (effective portion)
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$
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1,037
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$
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2,118
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收入认可的收益（损失）on derivatives (ineffective portion and amount excluded from effectiveness testing)
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Other expense (income), net
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$
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229
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$
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(71
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)
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Derivatives Not Designated as Hedging Instruments
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收入认可的收益（损失）
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Other expense (income), net
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$
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3,763
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$
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439
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| Schedule of Notional Amounts of Derivatives Outstanding |
The U.S. dollar equivalent of all outstanding notional amounts of foreign currency hedge contracts, with maximum remaining maturities of approximately
seven
months as of
September 30, 2018
and
ten
months as of
June 30, 2018
, were as follows:
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(In thousands)
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As of
September 30, 2018
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As of
June 30, 2018
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Cash flow hedge contracts- foreign currency
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Purchase
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$
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6,073
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$
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8,116
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Sell
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$
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90,410
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$
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115,032
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Other foreign currency hedge contracts
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Purchase
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$
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182,026
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$
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130,442
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Sell
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$
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169,899
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$
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154,442
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| Schedule of Derivative Instruments, Fair Value |
The locations and fair value amounts of the Company’s derivative instruments reported in its Condensed Consolidated Balance Sheets as of the dates indicated below were as follows:
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Asset Derivatives
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Liability Derivatives
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资产负债表
Location
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As of
September 30, 2018
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As of
June 30, 2018
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资产负债表
Location
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As of
September 30, 2018
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As of
June 30, 2018
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(In thousands)
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Fair Value
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Fair Value
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Derivatives designated as hedging instruments
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Rate lock contracts
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Other current assets
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$
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3,071
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$
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219
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其他流动负债
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$
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—
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$
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5,158
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外汇合同
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Other current assets
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1,856
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3,259
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其他流动负债
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159
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312
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Total derivatives designated as hedging instruments
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4,927
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3,478
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159
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5,470
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Derivatives not designated as hedging instruments
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外汇合同
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Other current assets
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5,061
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1,907
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其他流动负债
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1,234
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1,358
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Total derivatives not designated as hedging instruments
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5,061
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1,907
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1,234
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1,358
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Total derivatives
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$
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9,988
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$
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5,385
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$
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1,393
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$
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6,828
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| Balances and Changes in Accumulated Other Comprehensive Income Related to Derivative Instruments |
The following table provides the balances and changes in accumulated OCI, before taxes, related to derivative instruments for the indicated periods:
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Three months ended
September 30,
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(In thousands)
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2018
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2017
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Beginning balance
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$
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2,346
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$
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8,126
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Amount reclassified to income
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(1,037
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)
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(2,118
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)
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未实现收益或损失的净变化
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13,794
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444
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Ending balance
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$
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15,103
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$
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6,452
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| Offsetting of Assets and Liabilities |
As of
September 30, 2018
and
June 30, 2018
, information related to the offsetting arrangements was as follows (in thousands):
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截至2018年9月30日
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在凝结的合并资产负债表中，总数未偏移的衍生物总数
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Description
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Gross Amounts of Derivatives
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Gross Amounts of Derivatives Offset in the Condensed Consolidated Balance Sheets
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Net Amount of Derivatives Presented in the Condensed Consolidated Balance Sheets
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Financial Instruments
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Cash Collateral Received
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Net Amount
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Derivatives - Assets
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$
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9,988
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$
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—
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$
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9,988
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$
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(1,393
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)
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$
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—
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$
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8,595
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Derivatives - Liabilities
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$
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(1,393
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)
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$
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—
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$
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(1,393
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)
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$
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1,393
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$
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—
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$
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—
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As of June 30, 2018
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在凝结的合并资产负债表中，总数未偏移的衍生物总数
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Description
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Gross Amounts of Derivatives
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Gross Amounts of Derivatives Offset in the Condensed Consolidated Balance Sheets
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Net Amount of Derivatives Presented in the Condensed Consolidated Balance Sheets
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Financial Instruments
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Cash Collateral Received
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Net Amount
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Derivatives - Assets
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$
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5,385
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$
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—
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$
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5,385
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$
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(1,888
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)
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$
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—
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$
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3,497
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Derivatives - Liabilities
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$
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(6,828
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)
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$
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—
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$
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(6,828
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)
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$
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1,888
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$
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—
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$
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(4,940
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)
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