Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Accumulated Other Comprehensive Income (Loss)

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Note 13 - Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

(13)

Accumulated Other Comprehensive Income (Loss)

 

Accumulated other comprehensive income (loss) consists of foreign currency translation adjustments which are the result of changes in foreign currency exchange rates related to our operations in Canada, Honduras, and Mexico. Assets and liabilities are translated into U.S. dollars using the current period-end exchange rate and income and expense amounts are translated using the average exchange rate for the period in which the transaction occurred.

 

The following table sets forth the activity in accumulated other comprehensive loss (in thousands).

 

   

2021

    

2020

  

Beginning balance at July 1

   $ (8,441 )   $ (5,651 )

Other comprehensive income (loss), net of tax

     1,947       (3,608 )

Less AOCI attributable to noncontrolling interests

     23       41  

Ending balance at March 31

   $ (6,471 )   $ (9,218 )