Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Accumulated Other Comprehensive Income

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Note 11 - Accumulated Other Comprehensive Income
 9 Months Ended
Mar. 31, 2014
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

(11)

Accumulated Other Comprehensive Income


The following table sets forth the activity in accumulated other comprehensive income for the year to date period ended March 31, 2014 (in thousands):


   

Foreign currency translation adjustments

   

Derivative instruments

   

Unrealized gains and losses on investments

   

Total

 

Balance June 30, 2013

  $ 747     $ (69 )   $ 6     $ 684  

Changes before reclassifications

  $ 126     $ -     $ 5     $ 131  

Amounts reclassified from accumulated other comprehensive income

  $ -     $ 23     $ -     $ 23  

Current period other comprehensive income

  $ 126     $ 23     $ 5     $ 154  

Balance March 31, 2014

  $ 873     $ (46 )   $ 11     $ 838  

Foreign currency translation adjustments are the result of changes in foreign currency exchange rates related to our operations in Canada, Belgium, Honduras, and Mexico, and exclude income taxes given that the earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite period of time. The derivative instruments are reclassified to interest expense in our consolidated statements of operations.