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DISPOSITIONS (Tables) | 9 Months Ended
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Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups, Including Discontinued Operations | 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 the Consolidated Statements of Operations:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2021 |  | 2020 |  | 2021 |  | 2020
Net sales | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 30,399 |
Cost of sales | — |  |  | — |  |  | — |  |  | 26,648 |
Gross profi t | — |  |  | — |  |  | — |  |  | 3,751 |
Selling, general and administrative expense | — |  |  | — |  |  | — |  |  | 5,185 |
Other expense | — |  |  | — |  |  | 75 |  |  | 1,172 |
Interest expense(1) | — |  |  | — |  |  | — |  |  | 2,432 |
Translation loss(2) | — |  |  | — |  |  | — |  |  | 95,120 |
Gain on sale of discontinued operations | — |  |  | 540 |  |  | — |  |  | (9,630) |
Net loss from discontinued operations before income taxes | — |  |  | (540) |  |  | (75) |  |  | (90,528) |
(Benefit) provision for income taxes(3) | — |  |  | (965) |  |  | (11,320) |  |  | 12,900 |
Net income (loss) from discontinued operations, net of tax | $ | — |  |  | $ | 425 |  |  | $ | 11,245 |  |  | $ | (103,428) |
(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 $11,320 of tax benefit related to the legal entity reorganization for the nine months ended March 31, 2021, as well as a tax benefit related to the gain on the sale of Tilda of $750 and tax expense of $14,500 for the three and nine months ended March 31, 2020, respectively. 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 March 31, | Nine Months Ended March 31,
2021 |  | 2020 | 2021 |  | 2020
Net sales | $ | — |  |  | $ | — |  | $ | — |  |  | $ | — |
Cost of sales | — |  |  | — |  | — |  |  | — |
Gross profit (loss) | — |  |  | — |  | — |  |  | — |
Selling, general and administrative expense | — |  |  | — |  | — |  |  | — |
Asset impairments | — |  |  | — |  | — |  |  | — |
Other income | — |  |  | — |  | (10) |  |  | — |
Loss on sale of discontinued operations(1) | — |  |  | 1,781 |  | — |  |  | 3,205 |
Net (loss) income from discontinued operations before income taxes | — |  |  | (1,781) |  | 10 |  |  | (3,205) |
Benefit for income taxes | — |  |  | (659) |  | — |  |  | (1,052) |
Net (loss) income from discontinued operations, net of tax | $ | — |  |  | $ | (1,122) |  | $ | 10 |  |  | $ | (2,153) |
(1) Primarily relates to preliminary closing balance sheet adjustments.

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