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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of (benefit) for income taxes are as follows:

			Fiscal Year Ended June 30,
			2024						2023						2022
Current tax expense:
Federal			$	2,358					$	39,462					$	33,689
State			424						9,071						6,632
Foreign			345						1,331						1,532
Total current			3,127						49,864						41,853
Deferred tax (benefit) expense:
Federal			(3,872)						(14,230)						4,661
State			(577)						(2,019)						94
Foreign			(20)						(34)						(73)
Total deferred			(4,469)						(16,283)						4,682
Income tax (benefit) expense			$	(1,342)					$	33,581					$	46,535

Schedule of Effective Income Tax Rate Reconciliation

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

			Fiscal Year Ended June 30,
			2024						2023						2022
Federal tax (benefit) provision at statutory rate			(21.0)		%				21.0		%				21.0		%
State income taxes, net of federal benefit			(0.3)						3.5						2.8
Permanent differences attributable to partnership investment			1.5						(0.5)						(1.0)
Impairment charges - Maverick			17.9						—						—
Non-controlling interest			(0.2)						(0.5)						(0.6)
Other, net			(0.2)						0.2						—
Total income (benefit) tax on continuing operations			(2.3)		%				23.7		%				22.2		%

Schedule of Deferred Tax Assets and Liabilities

The components of the Company's net deferred income tax assets and liabilities at June 30, 2024 and 2023 are as follows:

			As of June 30,
			2024						2023
Deferred tax assets:
Partnership basis differences			$	42,115					$	69,193
Accrued liabilities and reserves			1,222						1,436
State tax credits and NOLs			12,859						8,922
Foreign tax credits			580						580
Federal NOL and Credits			19,335						—
Other			754						381
Less valuation allowance			(17,355)						(16,876)
Total deferred tax assets			59,510						63,636
Deferred tax liabilities:
Fixed assets and intangibles			19,054						29,495
Other			20						21
Total deferred tax liabilities			19,074						29,516
Total net deferred tax assets			$	40,436					$	34,120

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2024, 2023 and 2022 is as follows:

			Fiscal Year Ended June 30,
			2024						2023						2022
Balance as of July 1			$	1,718					$	1,472					$	1,452
Additions based on tax positions taken during the current period			129						363						314
Reductions due to statute settlements			(130)						(156)						(286)
Additions (reductions) for tax positions of prior years			79						39						(8)
Balance as of June 30			$	1,796					$	1,718					$	1,472

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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 of the change in unrecognized tax benefits.

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