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DISPOSITIONS (Tables) | 12 Months Ended
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Jun. 30, 2021
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups, Including Discontinued Operations | At closing, the assets and liabilities of GG consisted of the following:
| June 28,
| 2021
ASSETS |
Inventories | $ | 1,056 |
Property, plant and equipment, net | 605 |
Other intangible assets, net | 729 |
Operating lease right-of-use assets | 2,191 |
Other assets | 338 |
Total assets | $ | 4,919 |
LIABILITIES |
Accounts payable and accrued expenses | $ | 81 |
Operating lease liabilities | 1,475 |
Total liabilities | $ | 1,556 |
Assets consisted of the following:
| April 15,
| 2021
ASSETS |
Inventories | $ | 6,662 |
Goodwill | 8,429 |
Other intangible assets, net | 7,833 |
Other assets | 247 |
Total assets | $ | 23,171 |
At the closing date, the assets and liabilities of the Fruit business consisted of the following:
| January 13,
| 2021
ASSETS |
Cash and cash equivalents | $ | 13,559 |
Accounts receivable, less allowance for doubtful accounts | 14,057 |
Inventories | 5,028 |
Prepaid expenses and other current assets | 2,728 |
Property, plant and equipment, net | 25,039 |
Goodwill | 14,362 |
Other intangible assets, net | 36,171 |
Operating lease right-of-use assets | 5,623 |
Allowance for reduction of assets held for sale | (58,444) |
Total assets | $ | 58,123 |
LIABILITIES |
Accounts payable | $ | 14,428 |
Accrued expenses and other current liabilities | 4,229 |
Operating lease liabilities | 5,039 |
Deferred tax liabilities | 7,298 |
Other liabilities | 1,942 |
Total liabilities | $ | 32,936 |
The following table presents the major classes of Tilda’s results within Net income (loss) from discontinued operations, net of tax in our Consolidated Statements of Operations:
| Fiscal Year Ended June 30,
| 2021 |  | 2020 |  | 2019
Net sales | $ | — |  |  | $ | 30,399 |  |  | $ | 197,862 |
Cost of sales | — |  |  | 26,648 |  |  | 151,146 |
Gros s pro fit | — |  |  | 3,751 |  |  | 46,716 |
Selling, general and administrative expense | — |  |  | 5,185 |  |  | 26,949 |
Other expense | 75 |  |  | 1,172 |  |  | 2,189 |
Interest expense (1) | — |  |  | 2,432 |  |  | 13,561 |
Translation loss (2) | — |  |  | 95,120 |  |  | — |
Gain on sale of discontinued operations | — |  |  | (9,386) |  |  | — |
Net (loss) income from discontinued operations before income taxes | (75) |  |  | (90,772) |  |  | 4,017 |
(Benefit) provision for income taxes (3) | (11,320) |  |  | 12,909 |  |  | 535 |
Net income (loss) from discontinued operations, net of tax | $ | 11,245 |  |  | $ | (103,681) |  |  | $ | 3,482 |
(1) Interest expense was allocated to discontinued operations based on borrowings repaid with proceeds from the sale of Tilda. (2) At the completion of the sale of Tilda, the Company reclassified $95,120 of related cumulative translation losses from Ac cumulated other comprehensive loss to discontinued operations, net of tax. (3) Includes $11,320 of tax benefit related to the legal entity reorganization for the twelve months ended June 30, 2021, as well as a tax provision related to the tax gain on the sale of Tilda of $13,960 for the twelve months ended June 30, 2020. The following table presents the major classes of Hain Pure Protein’s line items constituting the Net (loss) income from discontinued operations, net of tax in our Consolidated Statements of Operations:
| Fiscal Year Ended June 30,
| 2021 |  | 2020 |  | 2019
Net sales | $ | — |  |  | $ | — |  |  | $ | 408,109 |
Cost of sales | — |  |  | — |  |  | 409,433 |
Gros s loss | — |  |  | — |  |  | (1,324) |
Asset impairments | — |  |  | — |  |  | 109,252 |
Selling, general and administrative expense | — |  |  | — |  |  | 16,384 |
Other expense | — |  |  | — |  |  | 9,088 |
Loss on sale of discontinued operations | — |  |  | 3,043 |  |  | 40,859 |
Net loss from discontinued operations before income taxes | — |  |  | (3,043) |  |  | (176,907) |
Benefit for income taxes | — |  |  | (684) |  |  | (43,538) |
Net loss from discontinued operations, net of tax | $ | — |  |  | $ | (2,359) |  |  | $ | (133,369) |

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