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Balance Sheets - Additional Information | 9 Months Ended
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Mar. 31, 2022
Balance Sheets-Additional Information |
Balance Sheets-Additional Information | 4. Balance Sheets—Additional Information ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | June 30,
As of |  | 2022 |  | 2021
Inventories | ​ | ​ | ​ | ​ | ​ |
Raw materials | ​ | $ | 85,255 | ​ | $ | 59,775
Work-in-process | ​ | ​ | 12,900 | ​ | ​ | 12,738
Finished goods | ​ | ​ | 151,756 | ​ | ​ | 143,799
​ | ​ | $ | 249,911 | ​ | $ | 216,312
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, | ​ | June 30,
As of |  | 2022 |  | 2021
Other assets | ​ | ​ | ​ | ​ | ​ | ​
ROU operating lease assets | ​ | $ | 38,691 |  | $ | 32,962
Deferred income taxes | ​ |  | 4,097 |  | ​ | 9,861
Deposits | ​ |  | 6,293 |  | ​ | 5,663
Insurance investments | ​ |  | 6,054 |  | ​ | 5,964
Equity method investments | ​ |  | 4,063 |  | ​ | 4,141
Derivative instruments | ​ | ​ | 14,560 | ​ | ​ | 2,696
U.S. pension plan | ​ |  | 2,482 |  | ​ | 1,184
Debt issuance costs | ​ |  | 1,530 |  | ​ | 1,811
Other | ​ | ​ | 8,774 | ​ | ​ | 8,467
​ | ​ | $ | 86,544 |  | $ | 72,749
​ In February 2022, we acquired a business for $13,728, of which $3,166 is outstanding at March 31, 2022 and payable during the fourth quarter ending June 30, 2022. The business develops, manufactures and markets processing aids used to improve production efficiency in the ethanol fermentation industry. We accounted for the acquisition as a business combination in accordance with ASC 805, Business Combinations. Pro forma information giving effect to the acquisition has not been provided because the results are not material to the consolidated financial statements. Definite-lived intangible assets of $10,833 were recognized at acquisition and included developed products, tradename, and non-compete agreements. The definite-lived intangible assets will be amortized over periods ranging from 4 to 13 years. The remaining net assets acquired include accounts receivable, inventories, prepaid and other assets, accounts payable, accrued expenses, and goodwill. Goodwill is deductible for income tax purposes. The purchase price allocation is preliminary and subject to change, including final working capital adjustments. The business is included in the MFAs and other product category under the Animal Health segment. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | June 30,
As of |  | 2022 |  | 2021
Goodwill |  | ​ |  |  | ​ |
Balance at beginning of period | ​ | $ | 52,679 | ​ | $ | 52,679
Acquisition | ​ |  | 595 | ​ |  | —
Foreign currency translation | ​ |  | 47 | ​ |  | —
Balance at end of period | ​ | $ | 53,321 | ​ | $ | 52,679
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | June 30,
As of |  | 2022 |  | 2021
Accrued expenses and other current liabilities |  | ​ |  |  | ​ |
Employee related | ​ | $ | 30,601 | ​ | $ | 35,375
Current operating lease liabilities | ​ |  | 6,431 | ​ |  | 6,618
Commissions and rebates | ​ | ​ | 6,528 | ​ | ​ | 6,312
Professional fees | ​ |  | 6,057 | ​ |  | 4,380
Income and other taxes | ​ | ​ | 7,890 | ​ | ​ | 6,107
Derivative instruments | ​ | ​ | 391 | ​ | ​ | 3,486
Contingent consideration | ​ |  | — | ​ |  | 4,840
Restructuring costs | ​ |  | — | ​ |  | 735
Insurance-related | ​ |  | 1,179 | ​ |  | 1,176
Other | ​ |  | 23,329 | ​ |  | 17,350
​ | ​ | $ | 82,406 | ​ | $ | 86,379
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | June 30,
As of |  | 2022 |  | 2021
Other liabilities | ​ | ​ | ​ | ​ | ​ | ​
Long-term operating lease liabilities | ​ | $ | 33,632 | ​ | $ | 28,003
Long-term and deferred income taxes | ​ |  | 8,848 | ​ | ​ | 6,646
Supplemental retirement benefits, deferred compensation and other | ​ | ​ | 8,487 | ​ | ​ | 8,382
International retirement plans | ​ |  | 4,821 | ​ |  | 5,345
Other long-term liabilities | ​ |  | 5,725 | ​ |  | 7,594
​ | ​ | $ | 61,513 | ​ | $ | 55,970
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, |  | June 30,
As of |  | 2022 |  | 2021
Accumulated other comprehensive loss | ​ | ​ |  | ​ | ​ |
Derivative instruments | ​ | $ | 18,949 | ​ | $ | (790)
Foreign currency translation adjustment | ​ |  | (113,856) | ​ |  | (100,095)
Unrecognized net pension losses | ​ |  | (19,619) | ​ |  | (19,973)
(Provision) benefit for income taxes on derivative instruments | ​ |  | (4,838) | ​ |  | 97
Benefit for income taxes on long-term intercompany investments | ​ | ​ | 8,166 | ​ | ​ | 8,166
Provision for income taxes on net pension losses | ​ | ​ | (2,786) | ​ | ​ | (2,698)
​ | ​ | $ | (113,984) | ​ | $ | (115,293)
​

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