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Transformation Program | 12 Months Ended
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Jun. 30, 2025
Restructuring and Related Activities [Abstract] |
Transformation Program | 19. TRANSFORMATION PROGRAM During the first quarter of fiscal year 2024, the Company initiated a multi-year growth, transformation and restructuring program (the “Restructuring Program”). The Restructuring Program is intended to optimize the Company’s portfolio, improve underlying profitability and increase its flexibility to invest in targeted growth initiatives, brand building and other capabilities critical to delivering future growth. The savings initiatives are expected to impact the Company’s reportable segments and Corporate and Other. Implementation of the Restructuring Program is expected to be completed by the end of the 2027 fiscal year and is comprised of contract termination costs, asset write-downs, employee-related costs and other transformation-related expenses. For the fiscal year ended June 30, 2025, expenses associated with the Restructuring Program in the amount of $21,530, $2,685, and $1,599, respectively, were recorded in productivity and transformation costs, intangibles and long-lived asset impairment, and cost of sales, respectively, on the consolidated statements of operations. For the fiscal year ended June 30, 2024, expenses associated with the Restructuring Program in the amount of $27,741, $24,782 and $7,725 were recorded in productivity and transformation costs, intangibles and long-lived asset impairment, and cost of sales, respectively, on the consolidated statements of operations. The table below sets forth expenses associated with the Restructuring Program for the fiscal years ended June 30, 2025 and 2024 by reportable segment and Corporate and Other.
|  | Fiscal Year Ended June 30, |
|  | 2025 |  |  | 2024 |
North America |  | $ | 12,019 |  |  | $ | 32,775 |
Corporate and Other |  |  | 10,026 |  |  |  | 20,753 |
International |  |  | 3,769 |  |  |  | 6,720 |
|  | $ | 25,814 |  |  | $ | 60,248 |
The following table displays the activities and liability balances relating to the Restructuring Program for the fiscal years ended June 30, 2025 and 2024. The Company expects to pay the remaining accrued restructuring costs during the next 12 months.
|  | Balance at June 30, 2024 |  |  | Charges |  |  | Amounts Paid |  |  | Non-cash settlements/ Adjustments 2 |  |  | Balance at June 30, 2025 |
Employee-related costs |  | $ | 1,985 |  |  | $ | 8,297 |  |  | $ | (7,852 | ) |  | $ | — |  |  | $ | 2,430 |
Contract termination costs |  |  | 347 |  |  |  | 1,589 |  |  |  | (1,669 | ) |  |  | (59 | ) |  |  | 208 |
Asset write-downs 1 |  |  | — |  |  |  | 2,685 |  |  |  | — |  |  |  | (2,685 | ) |  |  | — |
Other transformation-related expenses 2 |  |  | 3,988 |  |  |  | 13,243 |  |  |  | (15,651 | ) |  |  | (1,200 | ) |  |  | 380 |
|  | $ | 6,320 |  |  | $ | 25,814 |  |  | $ | (25,172 | ) |  | $ | (3,944 | ) |  | $ | 3,018 |
|  | Balance at June 30, 2023 |  |  | Charges |  |  | Amounts Paid |  |  | Non-cash settlements/ Adjustments 2 |  |  | Balance at June 30, 2024 |
Employee-related costs 3 |  | $ | — |  |  | $ | 7,012 |  |  | $ | (4,992 | ) |  | $ | (35 | ) |  | $ | 1,985 |
Contract termination costs |  |  | — |  |  |  | 5,439 |  |  |  | (4,757 | ) |  |  | (335 | ) |  |  | 347 |
Asset write-downs 1 |  |  | — |  |  |  | 26,922 |  |  |  | — |  |  |  | (26,922 | ) |  |  | — |
Other transformation-related expenses 2 |  |  | — |  |  |  | 20,875 |  |  |  | (16,887 | ) |  |  | — |  |  |  | 3,988 |
|  | $ | — |  |  | $ | 60,248 |  |  | $ | (26,636 | ) |  | $ | (27,292 | ) |  | $ | 6,320 |
1 Represents non-cash asset write-downs including asset impairment and accelerated depreciation. 2 Other transformation-related expenses primarily include consultancy charges related to reorganization of global functions and related personnel resource requirements, and rationalizing sourcing and supply chain processes. 3 Employee-related costs include $1,130 severance related to executive officer succession.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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