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Debt (Tables)

12 Months Ended

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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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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