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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2025

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of fair values of our financial assets and liabilities

The fair values of our financial assets and liabilities as of June 30, 2024 and 2025 are categorized as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​		June 30, 2024												June 30, 2025
​		Level 1			Level 2			Level 3			Total			Level 1			Level 2			Level 3			Total
Assets—Insurance company contracts	​	$	—	​	$	49,679	​	$	—	​	$	49,679	​	$	—	​	$	54,437	​	$	—	​	$	54,437
Assets—Interest rate swap contract	​	$	—	​	$	4,735	​	$	—	​	$	4,735	​	$	—	​	$	932	​	$	—	​	$	932
Liabilities—Convertible notes	​	$	—	​	$	—	​	$	—	​	$	—	​	$	—	​	$	472,770	​	$	—	​	$	472,770
Liabilities—Contingent consideration	​	$	—	​	$	—	​	$	15,375	​	$	15,375	​	$	—	​	$	—	​	$	19,086	​	$	19,086

Schedule of effect of the cash flow hedges on other comprehensive income (loss) and earnings

​

​	​	​	​	​	​	​
​	​	Fiscal Year Ended June 30,
​		2024			2025
Total interest and other expense, net presented in the condensed consolidated statements of operations in which the effects of cash flow hedges are recorded	​	$	(27,847)	​	$	(31,430)
Hedge loss recognized in other comprehensive income (loss), net of tax	​		(400)	​	​	(2,876)
Hedge benefit reclassified from accumulated other comprehensive income (loss) to interest expense, net	​		3,582	​	​	2,443

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

​

​	​	​	​	​	​	​	​	​	​
​	​	Fiscal Year Ended June 30,
​		2023			2024			2025
Net income available to common stockholders	​	$	91,778	​	$	128,154	​	$	149,637
Weighted average shares outstanding—basic	​		16,828	​	​	16,978	​	​	16,760
Dilutive effect of equity awards	​		362	​	​	376	​	​	372
Dilutive effect of 2029 Notes	​	​	—	​	​	—	​	​	46
Weighted average shares outstanding—diluted	​		17,190	​	​	17,354	​	​	17,178
Basic earnings per share	​	$	5.45	​	$	7.55	​	$	8.93
Diluted earnings per share	​	$	5.34	​	$	7.38	​	$	8.71
Weighted average shares excluded from diluted earnings per share due to their anti-dilutive effect	​	​	49	​	​	14	​	​	9

Schedule of warranty provisions

The current obligation for warranty provision is included in other accrued expenses and current liabilities and the noncurrent portion is included in other long-term liabilities in the consolidated balance sheets, whose activity for each of the three fiscal years ended June 30, 2025 is summarized in the following table (in thousands):

​

​	​	​	​
Warranty provision as of June 30, 2022		$	13,347
Warranty claims provided for/assumed in acquisition	​		4,193
Settlements made	​		(6,391)
Warranty provision as of June 30, 2023	​	$	11,149
Warranty claims provided for/assumed in acquisition	​		5,878
Settlements made	​		(5,938)
Warranty provision as of June 30, 2024	​	$	11,089
Warranty claims provided for/assumed in acquisition	​		5,704
Settlements made	​		(5,182)
Warranty provision as of June 30, 2025	​	$	11,611

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Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

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-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

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