Annual report pursuant to Section 13 and 15(d)

注16.衍生工具和对冲活动

v2.3.0.11
注16.衍生工具和对冲活动
12个月结束
Jun. 30, 2011
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
金融衍生工具和对冲活动ties
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
The authoritative guidance requires companies to recognize all derivative instruments and hedging activities, including foreign currency exchange contracts, as either assets or liabilities at fair value on the balance sheet. Changes in the fair value of derivatives that do not qualify for hedge treatment, as well as the ineffective portion of any hedges, are reflected in the Consolidated Statement of Operations. In accordance with the guidance, the Company designates foreign currency forward exchange contracts as cash flow hedges of certain forecasted foreign currency denominated sales and purchase transactions.
KLA-Tencor的外国子公司在各个全球市场上运营和出售KLA-Tencor的产品。结果，KLA-Tencor面临与外币汇率变化有关的风险。KLA-Tencor利用外币远期交换合同和期权合同来抵抗未来的外汇汇率变动，这些变化影响了某些现有和预测的外币销售和购买交易，例如日元，欧元和以色列Shekel。KLA-Tencor不使用衍生金融工具来投机或交易目的。该公司通beplay官网ued常会对某些金融机构对某些外币的暴露对冲，以最大程度地减少某些货币汇率波动的影响。这些货币远期交换合同和期权，指定为现金流套期，通常的成熟度低于 18 月份。根据衍生工具的总公允价值的变化，对现金流量树篱进行了每月有效性评估。如果与公司任何对冲安排的财务交易对手遇到财务困难，或者否则无法履行外币对冲条款，则该beplay官网ued公司可能会遭受重大损失。
For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of accumulated other comprehensive income (loss) (“OCI”) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Changes in the fair value of currency forward exchange and option contracts due to changes in time value are excluded from the assessment of effectiveness. Gains and losses on the derivative representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings.
对于未指定为会计树篱的衍生工具，利息收入和其他净收益都被确认。大多数此类衍生品是外币远期合同，以对冲某些以外币为以外的资产或负债。这些衍生工具的收益和损失在很大程度上被资产或债务的公允价值变化所抵消。
Derivatives in Cash Flow Hedging Relationships: Foreign Exchange Contracts
The location and amounts of designated and non-designated derivative instruments’ gains and losses reported in the consolidated financial statements for the fiscal years ended June 30, 2011 和 2010 were as follows:
（成千上万个）
Location in Financial Statements
作为
June 30, 2011
作为
June 30, 2010
指定为对冲乐器的衍生物
Gain (loss) in accumulated OCI on derivatives (effective portion)
Accumulated OCI
$
47

$
（2,274
)
Loss reclassified from accumulated OCI into income (effective portion):
收入
$
（2,491
)
$
(1,399
)
Costs of revenues
531

(493
)
Total loss reclassified from accumulated OCI into income (effective portion)
$
(1,960
)
$
(1,892
)
Gain (loss) recognized in income on derivatives (ineffectiveness portion and amount excluded from effectiveness testing)
Interest income and other, net
$
468

$
（398
)
未指定为对冲乐器的衍生物
Loss recognized in income
Interest income and other, net
$
（2,024
)
$
(15,182
)

美元等同于所有未偿还的对冲合同，最高到期 13 months, as of June 30, 2011 和 2010 was as follows:
（成千上万个）
作为
June 30, 2011
作为
June 30, 2010
现金流对冲合同
Purchase
$
3,381

$
15,835

Sell
$
30,133

$
32,853

Other foreign currency hedge contracts
Purchase
$
174,499

$
82,535

Sell
$
216,738

$
104,414


The location and fair value amounts of the Company’s derivative instruments reported in its Consolidated Balance Sheets as of June 30, 2011 和 2010 were as follows:
Asset Derivatives
Liability Derivatives
Balance Sheet Location
June 30,
2011
June 30,
2010
Balance Sheet Location
June 30,
2011
June 30,
2010
（成千上万个）
Fair Value
Fair Value
Derivatives designated as hedging instruments
外汇合同
Other current assets
$
145

$
125

其他流动负债
$
475

$
2,033

Total derivatives designated as hedging instruments
$
145

$
125

$
475

$
2,033

Derivatives not designated as hedging instruments
外汇合同
Other current assets
$
1,825

$
171

其他流动负债
$
1,652

$
3,791

Total derivatives not designated as hedging instruments
$
1,825

$
171

$
1,652

$
3,791

Total derivatives
$
1,970

$
296

$
2,127

$
5,824


下表提供了与财政年度衍生工具相关的其他综合收入（损失）的余额和变化 June 30, 2011 :
（成千上万个）
Year ended
June 30, 2011
Beginning balance
$
(1,995
)
Amount reclassified to income
1,960

Net change
47

Ending balance
$
12

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