Other Balance Sheet Components

12 Months Ended

Jun. 30, 2025

Accrued expenses included the following:


	June 30, 2025		June 30, 2024
Compensation costs	$	87,781	$	80,844
Income and indirect taxes	63,667		46,499
Advertising costs	25,428		23,524
Third-party manufacturing and digital content costs	20,018		17,608
Shipping costs	12,796		10,088
Variable compensation incentives	12,416		9,263
Interest payable	12,346		3,658
Sales returns	5,413		5,181
Professional fees	3,061		2,596
Restructuring costs	3,090		370
Other	58,069		46,300
Total accrued expenses	$	304,085	$	245,931

Other current liabilities included the following:


	June 30, 2025		June 30, 2024
Short-term derivative liabilities (1)	20,969		4,833
Mandatorily redeemable noncontrolling interest (2)	$	10,673	$	—
Current portion of finance lease obligations	9,121		8,323

Other	2,580		(20)
Total other current liabilities	$	43,343	$	13,136

Other liabilities included the following:


	June 30, 2025		June 30, 2024
Long-term derivative liabilities (1)	52,089		584
Long-term finance lease obligations	$	24,501	$	28,037
Long-term compensation incentives	16,919		17,127

Mandatorily redeemable noncontrolling interest (2)	—		9,608
Other	13,737		20,949
Total other liabilities	$	107,246	$	76,305

________________________

(1) The increase in short-term and long-term derivative liabilities is primarily due to the increase in unrealized losses associated with forward contracts that are intended to mitigate our exposure to fluctuations in various currencies against our reporting currency, the U.S. dollar. The increase in unrealized losses is primarily due to the weakening of the U.S. dollar against certain currencies, including the Euro and GBP, which are our most significant currency exposures. Refer to Note 4 for additional details relating to our derivative contracts.

(2) During the current fiscal year, the mandatorily redeemable noncontrolling interests were reclassified from long-term liabilities to current liabilities, since we were required to purchase the outstanding equity interests during fiscal year 2026.