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v3.25.1

Debt (Tables) | 9 Months Ended
--- | ---
Mar. 31, 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 April 30, 2026 | 4.75:1.00 | ​ | 2.50:1.00
After April 30, 2026 to April 30, 2027 | 4.50:1.00 | ​ | 2.75:1.00
After April 30, 2027 to April 30, 2028 | 4.25:1.00 | ​ | 3.00:1.00
After April 30, 2028 | 4.00:1.00 | ​ | 3.00:1.00
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, | ​ | June 30,
As of | ​ | 2025 | ​ | 2024
Initial Term A-1 Loan due July 2029 | ​ | $ | 158,962 | ​ | $ | —
Initial Term A-2 Loan due July 2031 | ​ | ​ | 135,412 | ​ | ​ | —
Delayed Draw Term A-1 Loan due July 2029 | ​ | ​ | 187,819 | ​ | ​ | —
Delayed Draw Term A-2 Loan due July 2031 | ​ | ​ | 159,994 | ​ | ​ | —
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 | ​ |  | 642,187 | ​ |  | 313,140
Unamortized debt issuance costs | ​ |  | (6,780) | ​ |  | (1,056)
Term loan balances, net of unamortized debt issuance costs | ​ |  | 635,407 | ​ |  | 312,084
Less: current maturities of long-term debt | ​ |  | (16,250) | ​ |  | (29,795)
Long-term debt | ​ | $ | 619,157 | ​ | $ | 282,289
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​ | Nine Months
​ | ​ | March 31, | June 30, | ​ | Ended March 31,
​ | ​ | 2025 | 2024 | ​ | 2025 | ​ | 2024 | ​
Revolving Credit Facility |  | 5.27 | % | 6.00 | % |  | 6.36 | % | 6.17 | %
Initial Term A-1 Loan due July 2029 | ​ | 2.76 | % | — | % | ​ | 2.88 | % | — | %
Initial Term A-2 Loan due July 2031 | ​ | 3.26 | % | — | % | ​ | 3.36 | % | — | %
Delayed Draw Term A-1 Loan due July 2029 | ​ | 5.73 | % | — | % | ​ | 6.55 | % | — | %
Delayed Draw Term A-2 Loan due July 2031 | ​ | 6.43 | % | — | % | ​ | 7.06 | % | — | %
2021 Term A Loan | ​ | — | % | 2.36 | % | ​ | — | % | 2.36 | %
2023 Incremental Term Loan | ​ | — | % | 7.68 | % | ​ | — | % | 7.63 | %
2022 Term Loan | ​ | — | % | 7.43 | % | ​ | — | % | 7.41 | %
Interest rates as of the balance sheet dates are based on rates in effect as of those dates, including SOFR fluctuating rates of interest, applicable rates and the interest rate swap agreements.

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