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Other Income, Net
12 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
Other Income, Net

7. Other Income, Net

Other income, net consisted of the following (in thousands):

Year Ended June 30,

2024

2023

2022

Interest and dividend income

$

9,177

$

10,654

$

4,379

Investment gain (loss)

 

1,365

 

(3,689)

 

(3,271)

Other income, net

$

10,542

$

6,965

$

1,108

Investment gain (loss) includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations (see Note 19 “Employee Benefit Plans” for additional information). In addition, investment gain (loss) includes an impairment of $5.0 million in fiscal year 2023 on an equity investment with no readily determinable fair value (see Note 20 “Fair Value Measurements” for additional information).