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v3.25.2

Debt (Tables) | 12 Months Ended
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Jun. 30, 2025
Debt |
Schedule of long term debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Revolving Credit and Term A-1 Loans | ​ | Term A-2 Loans
Net Leverage Ratio | ​ | Base rate | SOFR | ​ | Base rate | SOFR
≥ 4.00:1.00 |  | 1.75 | % | 2.75 | % |  | 2.25 | % | 3.25 | %
≥ 3.50:1.00 and < 4.00:1.00 | ​ | 1.50 | % | 2.50 | % | ​ | 2.00 | % | 3.00 | %
≥ 2.25:1.00 and < 3.50:1.00 | ​ | 1.25 | % | 2.25 | % | ​ | 1.75 | % | 2.75 | %
< 2.25:1.00 | ​ | 1.00 | % | 2.00 | % | ​ | 1.50 | % | 2.50 | %
​
​ | ​ | ​ | ​
Period | maximum Net Leverage Ratio | ​ | minimum interest coverage ratio
Prior to October 31, 2024 | 4.00:1.00 | ​ | 3.00:1.00
First fiscal quarter ending after October 31, 2024 through January 3, 2026 | 4.75:1.00 | ​ | 2.50:1.00
After January 3, 2026 to January 3, 2027 | 4.50:1.00 | ​ | 2.75:1.00
After January 3, 2027 to January 3, 2028 | 4.25:1.00 | ​ | 3.00:1.00
After January 3, 2028 | 4.00:1.00 | ​ | 3.00:1.00
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​
As of June 30 | ​ | 2025 | ​ | 2024
Term A-1 Loans due July 2029 | ​ | $ | 344,588 | ​ | $ | —
Term A-2 Loans due July 2031 | ​ | ​ | 293,537 | ​ | ​ | —
2021 Term A Loan due April 2026 | ​ | ​ | — | ​ | ​ | 256,875
2023 Incremental Term Loan due April 2026 | ​ | ​ | — | ​ | ​ | 45,000
2022 Term Loan due September 2027 | ​ | ​ | — | ​ | ​ | 11,265
Gross term loan balances | ​ |  | 638,125 | ​ |  | 313,140
Unamortized debt issuance costs | ​ |  | (6,440) | ​ |  | (1,056)
Term loan balances, net of unamortized debt issuance costs | ​ |  | 631,685 | ​ |  | 312,084
Less: current maturities of long-term debt and other | ​ |  | (16,250) | ​ |  | (29,795)
Long-term debt | ​ | $ | 615,435 | ​ | $ | 282,289
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30 | ​ | Years Ended June 30
​ | ​ | 2025 | 2024 | ​ | 2025 | ​ | 2024 | ​ | 2023 | ​
Revolving Credit Facility |  | 5.89 | % | 6.00 | % |  | 6.30 | % | 6.14 | % | 5.42 | %
Initial Term A-1 Loan due July 2029 | ​ | 5.45 | % | — | % | ​ | 2.85 | % | — | % | — | %
Initial Term A-2 Loan due July 2031 | ​ | 6.39 | % | — | % | ​ | 3.31 | % | — | % | — | %
Delayed Draw Term A-1 Loan due July 2029 | ​ | 6.50 | % | — | % | ​ | 6.39 | % | — | % | — | %
Delayed Draw Term A-2 Loan due July 2031 | ​ | 7.20 | % | — | % | ​ | 6.81 | % | — | % | — | %
2021 Term A Loan | ​ | — | % | 2.36 | % | ​ | — | % | 2.36 | % | 2.37 | %
2023 Incremental Term Loan | ​ | — | % | 7.68 | % | ​ | — | % | 7.64 | % | 7.40 | %
2022 Term Loan | ​ | — | % | 7.43 | % | ​ | — | % | 7.41 | % | 6.43 | %
Schedule of aggregate maturities of long term debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
For the Years Ending June 30 |  | ​ | Annual Maturities | ​ | ​ | Interest Payments
2026 | ​ | $ | 16,250 | ​ | $ | 45,467
2027 | ​ | ​ | 25,025 | ​ | ​ | 44,231
2028 | ​ | ​ | 25,025 | ​ | ​ | 42,665
2029 | ​ | ​ | 25,025 | ​ | ​ | 41,098
2030 | ​ | ​ | 325,549 | ​ | ​ | 21,139
Thereafter | ​ | ​ | 308,251 | ​ | ​ | 20,629
Total | ​ | $ | 725,125 | ​ | $ | 215,229

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