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Accounts and Financing Receivables (Tables)

6 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Schedule of classification of accounts and financing receivable

The classification of our accounts and financing receivable balances was as follows (in thousands):


		December 31, 2024
			Gross			Allowance			Net
Accounts receivables, current		$	181,103		$	(36,752)		$	144,351
Financing receivables, current			5,415			(2,793)			2,622
Accounts and financing receivables, current		$	186,518		$	(39,545)		$	146,973

Financing receivables, current		$	5,415		$	(2,793)		$	2,622
Financing receivables, noncurrent			34,032			(10,266)			23,766
Total financing receivables		$	39,447		$	(13,059)		$	26,388


		June 30, 2024
			Gross			Allowance			Net
Accounts receivables, current		$	159,406		$	(35,336)		$	124,070
Financing receivables, current			5,239			(2,476)			2,763
Accounts and financing receivables, current		$	164,645		$	(37,812)		$	126,833

Financing receivables, current		$	5,239		$	(2,476)		$	2,763
Financing receivables, noncurrent			36,214			(10,082)			26,132
Total financing receivables		$	41,453		$	(12,558)		$	28,895

Schedule of credit quality analysis of financing receivable

The credit quality analysis of financing receivables as of December 31, 2024 was as follows (in thousands):


		Amortized Cost Basis by Origination Year
		Prior			2021			2022			2023			2024			2025			Total
1-30 days past due		$	692		$	269		$	234		$	646		$	630		$	595		$	3,066
31-60 days past due			169			100			130			170			541			57			1,167
61-90 days past due			19			3			—			57			600			64			743
91-120 days past due			230			51			17			159			254			141			852
121-150 days past due			168			24			23			77			569			—			861
Greater than 150 days past due			2,684			1,424			1,092			2,325			2,767			—			10,292
Total past due			3,962			1,871			1,496			3,434			5,361			857			16,981
Current			5,510			3,219			1,620			3,233			5,636			3,248			22,466
Financing receivables, gross		$	9,472		$	5,090		$	3,116		$	6,667		$	10,997		$	4,105		$	39,447
Gross write-offs		$	737		$	433		$	424		$	517		$	262		$	—		$	2,373

The credit quality analysis of financing receivables as of June 30, 2024 was as follows (in thousands):


		Amortized Cost Basis by Origination Year
		Prior			2020			2021			2022			2023			2024			Total
1-30 days past due		$	552		$	—		$	214		$	111		$	1,188		$	1,146		$	3,211
31-60 days past due			213			90			65			37			567			1,488			2,460
61-90 days past due			174			—			5			110			370			257			916
91-120 days past due			—			11			434			20			206			791			1,462
121-150 days past due			51			88			63			314			268			91			875
Greater than 150 days past due			2,556			466			1,366			1,300			1,920			987			8,595
Total past due			3,546			655			2,147			1,892			4,519			4,760			17,519
Current			6,014			748			3,944			1,897			4,549			6,782			23,934
Financing receivables, gross		$	9,560		$	1,403		$	6,091		$	3,789		$	9,068		$	11,542		$	41,453
Gross write-offs		$	1,145		$	279		$	509		$	597		$	729		$	2		$	3,261

Schedule of the allowance for credit losses roll-forward

The following tables provide a roll-forward of the allowance for credit losses (in thousands):


		Three Months Ended December 31, 2024									Six Months Ended December 31, 2024
		Accounts			Financing			Total			Accounts			Financing			Total
Beginning balance		$	36,691		$	13,467		$	50,158		$	35,336		$	12,558		$	47,894
Write-offs			(16,759)			(1,275)			(18,034)			(29,870)			(2,373)			(32,243)
Recoveries			2,207			481			2,688			4,784			657			5,441
Provision for credit losses			14,613			386			14,999			26,502			2,217			28,719
Ending balance		$	36,752		$	13,059		$	49,811		$	36,752		$	13,059		$	49,811


		Three Months Ended December 31, 2023									Six Months Ended December 31, 2023
		Accounts			Financing			Total			Accounts			Financing			Total
Beginning balance		$	32,361		$	12,186		$	44,547		$	29,190		$	11,468		$	40,658
Write-offs			(11,139)			(421)			(11,560)			(19,551)			(1,157)			(20,708)
Recoveries			2,307			254			2,561			4,928			444			5,372
Provision for credit losses			11,491			1,307			12,798			20,453			2,571			23,024
Ending balance		$	35,020		$	13,326		$	48,346		$	35,020		$	13,326		$	48,346