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Inventories (Tables)
9 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories, net consisted of the following:
March 31, 2026June 30, 2025
(in millions)
Raw materials$26.4 $22.7 
Finished products(1)
238.1 337.6 
Total inventories(2)
264.4 360.4 
Less: Reserves(88.7)(154.8)
Total inventories, net$175.8 $205.6 
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(1) Includes $19.5 million and $40.3 million of finished goods inventory in transit, products owned by the Company that have not yet been received at a Company distribution center, as of March 31, 2026 and June 30, 2025, respectively.
(2) As of March 31, 2026 and June 30, 2025, there was no work-in-process within inventories.