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65
Financial Instrument Presentation
The table below presents the fair value of our derivative financial instruments as well as their classification
on the balance sheet as of June 30, 2014 and 2013:
June 30, 2014
Asset Derivatives Liability Derivatives
Derivatives designated as
hedging instruments
Balance
Sheet line
item
Gross
amounts of
recognized
assets
Gross amount
offset in
consolidated
balance sheet Net amount
Balance
Sheet line
item
Gross
amounts of
recognized
liabilities
Gross amount
offset in
consolidated
balance sheet Net amount
Interest rate swaps . . . .
Other
non-
current
assets $ — $ — $ —
Other
current
liabilities/
other
liabilities $ (771)$ 26 $ (745)
Total derivatives
designated as hedging
instruments . . . . . . . . . . $—$ —$— $
(771)$ 26 $ (745)
Derivatives not
designated as hedging
instruments
Currency forward
contracts . . . . . . . . . . . .
Other
current
assets $ 410 $ (28) $ 382
Other
current
liabilities $ (1,058) $ 252 $(806)
Total derivatives not
designated as hedging
instruments . . . . . . . . . . $ 410 $ (28) $ 382 $ (1,058) $ 252 $(806)
June 30, 2013
Asset Derivatives Liability Derivatives
Derivatives designated as
hedging instruments
Balance
Sheet line
item
Gross
amounts of
recognized
assets
Gross amount
offset in
consolidated
balance sheet Net amount
Balance
Sheet line
item
Gross
amounts of
recognized
liabilities
Gross amount
offset in
consolidated
balance sheet Net amount
Interest rate swaps . . . .
Other
non-
current
assets $ 400 $ (56) $ 344
Other
current
liabilities/
other
liabilities $ (81)$ 11 $ (70)
Currency forward
contracts . . . . . . . . . . . .
Other
current
assets 83 (13) 70
Other
current
liabilities (208)5 (203)
Total derivatives
designated as hedging
instruments . . . . . . . . . . $ 483 $ (69) $ 414 $(289)$ 16 $ (273)
Derivatives not
designated as hedging
instruments
Currency forward
contracts . . . . . . . . . . . .
Other
current
assets $ — $ — $ —
Other
current
liabilities $ — $ — $ —
Total derivatives not
designated as hedging
instruments . . . . . . . . . . $—$ —$— $—$ —$—
Form 10-K