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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of provision for income taxes are as follows:

			Fiscal Year Ended June 30,
			2023						2022						2021
Current tax expense:
Federal			$	39,462					$	33,689					$	21,737
State			9,071						6,632						4,014
Foreign			1,331						1,532						1,284
Total current			49,864						41,853						27,035
Deferred tax expense:
Federal			(14,230)						4,661						6,147
State			(2,019)						94						899
Foreign			(34)						(73)						(102)
Total deferred			(16,283)						4,682						6,944
Income tax expense			$	33,581					$	46,535					$	33,979

Schedule of Effective Income Tax Rate Reconciliation

The income tax expense differs from the amount computed by applying the federal statutory income tax rate to income from continuing operations before income taxes. The sources and tax effects of the differences are as follows:

			Fiscal Year Ended June 30,
			2023						2022						2021
Federal tax provision at statutory rate			21.0		%				21.0		%				21.0		%
State income taxes, net of federal benefit			3.5						2.8						2.9
Permanent differences attributable to partnership investment			(0.5)						(1.0)						(0.3)
Non-controlling interest			(0.5)						(0.6)						(0.7)
Other, net			0.2						—						—
Total income tax expense on continuing operations			23.7		%				22.2		%				22.9		%

Schedule of Deferred Tax Assets and Liabilities

The components of the Company's net deferred income tax assets and liabilities at June 30, 2023 and 2022 are as follows:

			As of June 30,
			2023						2022
Deferred tax assets:
Partnership basis differences			$	69,193					$	49,740
Accrued liabilities and reserves			1,436						955
State tax credits and NOLs			8,922						7,178
Foreign tax credits			580						580
Other			381						336
Less valuation allowance			(16,876)						(15,633)
Total deferred tax assets			63,636						43,156
Deferred tax liabilities:
Fixed assets and intangibles			29,495						27,754
Other			21						53
Total deferred tax liabilities			29,516						27,807
Total net deferred tax assets			$	34,120					$	15,349

Schedule of Unrecognized Tax Benefits

A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2023, 2022 and 2021 is as follows:

			Fiscal Year Ended June 30,
			2023						2022						2021
Balance as of July 1			$	1,472					$	1,452					$	1,445
Additions based on tax positions taken during the current period			363						314						304
Reductions for settlements with taxing authorities			—						—						(250)
Reductions due to statute settlements			(156)						(286)						(50)
Additions (reductions) for tax positions of prior years			39						(8)						3
Balance as of June 30			$	1,718					$	1,472					$	1,452

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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