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Other Balance Sheet Components (Tables)
6 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Accrued expenses
Accrued expenses included the following:
 December 31, 2024June 30, 2024
Compensation costs$71,930 $80,844 
Income and indirect taxes (1)66,659 46,499 
Advertising costs (1)27,531 23,524 
Third-party manufacturing and digital content costs (1)21,845 17,608 
Shipping costs (1)20,090 10,088 
Interest payable (2)11,162 3,658 
Variable compensation incentives7,324 9,263 
Sales returns
6,334 5,181 
Professional fees2,760 2,596 
Other49,449 46,670 
Total accrued expenses$285,084 $245,931 
______________________
(1) The increase in income and indirect taxes, advertising, third party manufacturing, and shipping costs is due to increased sales volumes during our holiday peak season in the second quarter of our fiscal year.
(2) On September 26, 2024, we issued the 7.375% senior notes due 2032 to redeem all of the outstanding 7.0% senior notes due 2026. The increase in interest payable as of December 31, 2024, is due to the interest on our 7.375% senior notes due 2032 being due on March 15, 2025 as compared to the interest on our 7.0% senior notes due 2026 being due June 15, 2024. Refer to Note 8 for additional detail.
Other Current Liabilities
Other current liabilities included the following:
December 31, 2024June 30, 2024
Mandatorily redeemable noncontrolling interest (1)$9,290 $— 
Current portion of finance lease obligations8,329 8,323 
Short-term derivative liabilities4,732 4,833 
Other1,601 (20)
Total other current liabilities$23,952 $13,136 
Other Liabilities
Other liabilities included the following:
December 31, 2024June 30, 2024
Long-term finance lease obligations$23,587 $28,037 
Long-term compensation incentives15,492 17,127 
Long-term derivative liabilities956 584 
Mandatorily redeemable noncontrolling interest (1)— 9,608 
Other20,337 20,949 
Total other liabilities$60,372 $76,305 
________________________
(1) During the current quarter, the mandatorily redeemable noncontrolling interests were reclassified from long-term liabilities to current liabilities, since we are required to purchase the outstanding equity interests during the second quarter of fiscal year 2026.