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Long-Term Debt
 12 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Long-term Debt [Text Block]
NOTE 11 — LONG-TERM DEBT
Long-term debt consisted of the following at June 30:
(in thousands)20252024
2.800% Senior Unsecured Notes due fiscal 2031, net of discount of $0.1 million for 2025 and $0.1 million for 2024
$299,897 $299,878 
4.625% Senior Unsecured Notes due fiscal 2028, net of discount of $0.6 million for 2025 and $0.9 million for 2024
299,358 299,139 
Total term debt599,255 599,017 
Less unamortized debt issuance costs(2,467)(3,037)
Total long-term debt$596,788 $595,980 
In February 2021, we issued $300.0 million of 2.800 percent Senior Unsecured Notes with a maturity date of March 1, 2031. Interest is paid semi-annually on March 1 and September 1 of each year. On June 7, 2018, we issued $300.0 million of 4.625 percent Senior Unsecured Notes with a maturity date of June 15, 2028. Interest on these notes is paid semi-annually on June 15 and December 15 of each year.
Future principal maturities of long-term debt are $300.0 million in 2028 and $300.0 million in 2031.
Fixed rate debt had a fair market value of $570.8 million and $545.9 million at June 30, 2025 and 2024, respectively. The Level 2 fair value is determined based on the quoted market prices for similar debt instruments as of June 30, 2025 and 2024, respectively.