XML 98 R86.htm IDEA: XBRL DOCUMENT
v3.25.2

SUBSEQUENT EVENTS (Details) |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Aug. 01, 2025 USD ($) | Jul. 09, 2025 USD ($) employee | Jul. 03, 2025 USD ($) | Jul. 31, 2025 USD ($) | Sep. 30, 2025 USD ($) | Jun. 30, 2025 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2025 USD ($) | Jun. 30, 2024 USD ($) | Dec. 31, 2024 USD ($)
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Reserve of raw materials |  |  |  |  |  | $ 1,000,000 |  | $ 1,000,000 |  |
Accelerated depreciation expense |  |  |  |  |  |  |  | 5,500,000 |  |
Loss extinguishment of debt |  |  |  |  |  | 0 | $ (7,518,000) | 0 | $ (7,518,000) |
Term Loan A Facility Due March 2028 | Term Loan |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Debt issuance costs |  |  |  |  |  | 686,000 |  | 686,000 |  | $ 821,000
Repayments of debt |  |  |  |  |  |  |  | 6,600,000 |  | 11,300,000
Convertible Senior Notes Due 2025 | Unsecured Debt |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Debt issuance costs |  |  |  |  |  | $ 103,000 |  | $ 103,000 |  | 724,000
Loss extinguishment of debt |  |  |  |  |  |  |  |  |  | $ (7,500,000)
Subsequent Event |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Number of employees | employee |  | 71 |  |  |  |  |  |  |  |
Total workforce (in percent) |  | 8.00% |  |  |  |  |  |  |  |
Subsequent Event | Minimum |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Pre-tax employee termination benefit charges |  | $ 2,400,000 |  |  |  |  |  |  |  |
Subsequent Event | Maximum |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Pre-tax employee termination benefit charges |  | $ 2,800,000 |  |  |  |  |  |  |  |
Subsequent Event | Wells Fargo Bank | Line of Credit | Minimum | Base Rate |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Net leverage ratio |  |  | 1.50% |  |  |  |  |  |  |
Subsequent Event | Wells Fargo Bank | Line of Credit | Minimum | SOFR |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Net leverage ratio |  |  | 2.50% |  |  |  |  |  |  |
Subsequent Event | Wells Fargo Bank | Line of Credit | Maximum | Base Rate |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Net leverage ratio |  |  | 2.25% |  |  |  |  |  |  |
Subsequent Event | Wells Fargo Bank | Line of Credit | Maximum | SOFR |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Net leverage ratio |  |  | 3.25% |  |  |  |  |  |  |
Subsequent Event | Term Loan A Facility Due March 2028 | Term Loan |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Repayments of debt |  |  | $ 98,800,000 |  |  |  |  |  |  |
Interest payment |  |  | 100,000 |  |  |  |  |  |  |
Loss extinguishment of debt |  |  |  | $ 900,000 | $ 900,000 |  |  |  |  |
Subsequent Event | Convertible Senior Notes Due 2025 | Unsecured Debt |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Outstanding principal balance | $ 202,500,000 |  |  |  |  |  |  |  |  |
Subsequent Event | Revolving Credit Facility | Wells Fargo Bank | Line of Credit |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Commitment amount |  |  | 300,000,000 |  |  |  |  |  |  |
Aggregate principal amount |  |  | $ 225,000,000 |  |  |  |  |  |  |
EBITDA (in percent) |  |  | 100.00% |  |  |  |  |  |  |
Borrowings |  |  | $ 2,100,000 |  |  |  |  |  |  |
Proceeds from Long-Term Lines of Credit |  |  | 101,000,000 |  |  |  |  |  |  |
Subsequent Event | Letter of Credit | Wells Fargo Bank | Line of Credit |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Commitment amount |  |  | 10,000,000 |  |  |  |  |  |  |
Subsequent Event | Bridge Loan | Wells Fargo Bank | Line of Credit |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Commitment amount |  |  | $ 15,000,000 |  |  |  |  |  |  |

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