Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.3.0.814
Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Note 17 - Accumulated Other Comprehensive Income (Loss)
The following table represents the changes in components of accumulated other comprehensive (loss) income, net of tax, for the fiscal year ended:
 
June 30, 2015
 
Foreign currency translation
 
Unrealized investment holding loss
 
Total
 
(In thousands)
Fiscal year opening balance
$
6,144

 
$
(8,153
)
 
$
(2,009
)
Changes in comprehensive (loss) income:
 
 
 
 
 
Other comprehensive (loss) income before reclassification
(2,141
)
 
(6,294
)
 
(8,435
)
Amounts reclassified from other comprehensive loss (1)
659

 
15,087

 
15,746

Net current period other comprehensive loss
(1,482
)
 
8,793

 
7,311

Fiscal year ended June 30, 2015
$
4,662

 
$
640

 
$
5,302

(1) Reclassification consists of foreign currency translation loss on intercompany account balances of $659 thousand to earnings upon reversal of permanent investment in foreign subsidiaries, and impairment loss on securities available-for-sale of $15.1 million to earnings due to determination as other than temporary.