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Other Balance Sheet Components (Tables)
9 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
Accrued expenses
Accrued expenses included the following:
 March 31, 2024June 30, 2023
Compensation costs$74,110 $74,879 
Income and indirect taxes46,373 53,266 
Advertising costs (1)
38,552 16,548 
Third party manufacturing and digital content costs18,911 17,380 
Interest payable (2)
12,985 2,847 
Shipping costs11,468 11,146 
Variable compensation incentives8,579 9,413 
Sales returns
5,774 6,441 
Professional fees2,662 2,743 
Restructuring costs (3)
415 7,567 
Other51,264 54,879 
Total accrued expenses$271,093 $257,109 
______________________
(1) The increase in advertising accrued expenses is due in part to the timing of invoice receipts which has resulted in higher accruals at March 31, 2024, as compared to accounts payable at June 30, 2023.
(2) The increase in interest payable as of March 31, 2024, is due to the interest on our 7.0% Senior Notes Due 2026 being payable semi-annually on June 15 and December 15 of each year. Refer to Note 8 for additional detail.
(3) The decrease in restructuring costs included in accrued expenses as of March 31, 2024 is primarily due to severance payments made as a result of the cost reduction actions implemented during fiscal year 2023. Refer to Note 13 for additional details.
Other Current Liabilities
Other current liabilities included the following:
March 31, 2024June 30, 2023
Current portion of finance lease obligations$8,397 $9,938 
Short-term derivative liabilities5,639 9,865 
Other1,595 4,666 
Total other current liabilities$15,631 $24,469 
Other Liabilities
Other liabilities included the following:
March 31, 2024June 30, 2023
Long-term finance lease obligations$29,139 $29,822 
Long-term compensation incentives16,220 22,286 
Mandatorily redeemable noncontrolling interest9,682 12,018 
Long-term derivative liabilities715 1,737 
Other23,835 24,195 
Total other liabilities$79,591 $90,058