Annual report pursuant to Section 13 and 15(d)

Note 14 - Accumulated Other Comprehensive Income

v2.4.0.8
Note 14 - Accumulated Other Comprehensive Income
12 Months Ended
Jun. 30, 2013
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

(14)     Accumulated Other Comprehensive Income


The following table sets forth the activity in accumulated other comprehensive income for the fiscal year ended June 30, 2013 (in thousands):


     

 

Foreign

currency

translation

adjustments

   

Derivative

instruments

   

Unrealized

gains and

losses on

investments

   

Total

 

Balance June30, 2012

  $ 1,253     $ (119 )   $ 7     $ 1,141  

Changes before reclassifications

  $ (506 )   $ -     $ (1 )   $ (507 )

Amounts reclassified from accumulated other comprehensive income

  $ -     $ 50     $ -     $ 50  

Current period other comprehensive income

  $ (506 )   $ 50     $ (1 )   $ (457 )

Balance June30, 2013

  $ 747     $ (69 )   $ 6     $ 684  

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.