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ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)
 6 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The assets and liabilities of the Fruit business classified as held for sale in the Company's Consolidated Balance Sheets consisted of the following:

December 31,
2020
ASSETS
Cash and cash equivalents$13,808 
Accounts receivable, less allowance for doubtful accounts8,574 
Inventories5,014 
Prepaid expenses and other current assets2,743 
Property, plant and equipment, net24,971 
Goodwill14,323 
Other intangible assets, net36,074 
Operating lease right-of-use assets5,607 
Allowance for reduction of assets held for sale(58,286)
Assets held for sale$52,828 
LIABILITIES
Accounts payable$10,373 
Accrued expenses and other current liabilities4,569 
Operating lease liabilities5,311 
Deferred tax liabilities7,278 
Other liabilities1,761 
Liabilities related to assets held for sale$29,292 
The following table presents the major classes of Tilda’s results within “Net (loss) income from discontinued operations, net of tax” in the Consolidated Statements of Operations:
Three Months Ended December 31,Six Months Ended December 31,
2020201920202019
Net sales$— $2,667 $— $30,399 
Cost of sales— 2,496 — 26,648 
Gross profit
— 171 — 3,751 
Selling, general and administrative expense— 246 — 5,185 
Other expense— 824 75 1,172 
Interest expense(1)
— — — 2,432 
Translation loss(2)
— — — 95,120 
Gain on sale of discontinued operations— 3,752 — (10,170)
Net loss from discontinued operations before income taxes— (4,651)(75)(89,988)
Provision (benefit) for income taxes(3)
11 (1,835)(11,320)13,865 
Net (loss) income from discontinued operations, net of tax$(11)$(2,816)$11,245 $(103,853)

(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 Accumulated other comprehensive loss to discontinued operations, net of tax.
(3) Includes $11,331 of tax benefit related to the legal entity reorganization for the six months ended December 31, 2020, as well as a tax benefit related to the gain on the sale of Tilda of $1,250 and $15,250 for the three and six months ended December 31, 2019.
The following table presents the major classes of Hain Pure Protein’s results within “Net loss (income) from discontinued operations, net of tax” in the Consolidated Statements of Operations:
Three Months Ended December 31,Six Months Ended December 31,
2020201920202019
Net sales$— $— $— $— 
Cost of sales— — — — 
Gross profit (loss)— — — — 
Selling, general and administrative expense— — — — 
Asset impairments— — — — 
Other expense (income)— — (10)— 
Loss on sale of discontinued operations(1)
— — — 1,424 
Net income (loss) from discontinued operations before income taxes— — 10 (1,424)
Benefit for income taxes— — — (393)
Net income (loss) from discontinued operations, net of tax$— $— $10 $(1,031)

(1) Primarily relates to preliminary closing balance sheet adjustments.