|
Derivative Instruments and Hedging Activities (Tables)
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12 Months Ended |
|
Jun. 30, 2014 |
| General Discussion of Derivative Instruments and Hedging Activities [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 consolidated financial statements for the indicated periods were as follows:
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(In thousands)
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Location in Financial Statements
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Year ended June 30,
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2014
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|
2013
|
|
Derivatives Designated as Hedging Instruments
|
|
|
|
|
|
Gains in accumulated OCI on derivatives (effective portion)
|
Accumulated OCI
|
$
|
1,641
|
|
|
$
|
4,929
|
|
|
Gains (losses) reclassified from accumulated OCI into income (effective portion):
|
再保险venues
|
$
|
3,851
|
|
|
$
|
2,124
|
|
|
|
Costs of revenues
|
294
|
|
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(641
|
)
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|
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Net gains reclassified from accumulated OCI into income (effective portion)
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$
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4,145
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$
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1,483
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Gains recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
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Interest income and other, net
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$
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18
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$
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946
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|
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Derivatives Not Designated as Hedging Instruments
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|
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Gains recognized in income
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Interest income and other, net
|
$
|
2,856
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|
|
$
|
14,275
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|
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| Schedule of Notional Amounts of Derivatives Outstanding |
The U.S. dollar equivalent of all outstanding notional amounts of hedge contracts, with maximum maturity of
13 months
, as of the dates indicated below was as follows:
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(In thousands)
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As of
June 30, 2014
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|
As of
June 30, 2013
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Cash flow hedge contracts
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Purchase
|
$
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6,066
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|
$
|
14,641
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Sell
|
$
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33,999
|
|
|
$
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35,178
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Other foreign currency hedge contracts
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|
|
|
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Purchase
|
$
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108,901
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$
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99,175
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Sell
|
$
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106,322
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|
$
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97,901
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|
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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 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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Balance Sheet Location
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|
June 30,
2014
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|
June 30,
2013
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Balance Sheet Location
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|
June 30,
2014
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|
June 30,
2013
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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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Foreign exchange contracts
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Other current assets
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|
$
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120
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$
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362
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Other current liabilities
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$
|
100
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$
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384
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Total derivatives designated as hedging instruments
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120
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|
362
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|
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|
100
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384
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Derivatives not designated as hedging instruments
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|
|
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Foreign exchange contracts
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Other current assets
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|
546
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3,654
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Other current liabilities
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|
798
|
|
|
1,789
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Total derivatives not designated as hedging instruments
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|
|
546
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3,654
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|
|
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|
798
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|
|
1,789
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|
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Total derivatives
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|
$
|
666
|
|
|
$
|
4,016
|
|
|
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|
$
|
898
|
|
|
$
|
2,173
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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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Year ended
June 30, 2014
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(In thousands)
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|
2014
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|
2013
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Beginning balance
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|
$
|
2,484
|
|
|
$
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(962
|
)
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|
Amount reclassified to income
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|
(4,145
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)
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(1,483
|
)
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Net change
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1,641
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|
4,929
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Ending balance
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|
$
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(20
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)
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|
$
|
2,484
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| 抵消的衍生品资产和负债 |
As of
June 30, 2014
and
2013
, information related to the offsetting arrangements was as follows (in thousands):
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As of June 30, 2014
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Gross Amounts of Derivatives Not Offset in the Consolidated Balance Sheets
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Description
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Gross Amounts of Derivatives
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Gross Amounts of Derivatives Offset in the Consolidated Balance Sheets
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Net Amount of Derivatives Presented in the 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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|
$
|
666
|
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|
$
|
—
|
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|
$
|
666
|
|
|
$
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(423
|
)
|
|
$
|
—
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$
|
243
|
|
|
Derivatives - Liabilities
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|
$
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(898
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)
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|
$
|
—
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|
$
|
(898
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)
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$
|
423
|
|
|
$
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—
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$
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(475
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)
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As of June 30, 2013
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Gross Amounts of Derivatives Not Offset in the Consolidated Balance Sheets
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Description
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Gross Amounts of Derivatives
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Gross Amounts of Derivatives Offset in the Consolidated Balance Sheets
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Net Amount of Derivatives Presented in the 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
|
|
$
|
4,016
|
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|
$
|
—
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|
$
|
4,016
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|
|
$
|
(1,520
|
)
|
|
$
|
—
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$
|
2,496
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|
Derivatives - Liabilities
|
|
$
|
(2,173
|
)
|
|
$
|
—
|
|
|
$
|
(2,173
|
)
|
|
$
|
1,520
|
|
|
$
|
—
|
|
|
$
|
(653
|
)
|
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