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Leases (Tables)
12 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Expenses and Other Information

The components of lease expenses for the fiscal years ended June 30, 2025, 2024 and 2023 were as follows:

 

 

Fiscal Year Ended

 

 

2025

 

 

2024

 

 

2023

 

Operating lease expenses

 

$

14,019

 

 

$

17,446

 

 

$

18,173

 

Finance lease expenses

 

 

209

 

 

 

147

 

 

 

227

 

Variable lease expenses

 

 

671

 

 

 

723

 

 

 

740

 

Short-term lease expenses

 

 

1,247

 

 

 

1,565

 

 

 

2,003

 

Total lease expenses

 

$

16,146

 

 

$

19,881

 

 

$

21,143

 

Additional information related to leases is as follows:

 

 

Fiscal Year Ended June 30,

 

 

2025

 

 

2024

 

 

2023

 

Supplemental cash flow information

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

15,007

 

 

$

16,529

 

 

$

16,446

 

Operating cash flows from finance leases

 

$

16

 

 

$

12

 

 

$

16

 

Financing cash flows from finance leases

 

$

130

 

 

$

81

 

 

$

161

 

ROU assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases(1)(2)(3)

 

$

(2,954

)

 

$

4,243

 

 

$

(2,627

)

Finance leases

 

$

514

 

 

$

35

 

 

$

118

 

Weighted average remaining lease term:

 

 

 

 

 

 

 

 

 

Operating leases

 

8.2 years

 

 

8.8 years

 

 

10.4 years

 

Finance leases

 

4.0 years

 

 

3.0 years

 

 

3.9 years

 

Weighted average discount rate:

 

 

 

 

 

 

 

 

 

Operating leases

 

 

5.0

%

 

 

5.0

%

 

 

4.8

%

Finance leases

 

 

6.7

%

 

 

4.6

%

 

 

4.7

%

 

 

(1) Includes adjustment for termination of two operating leases during fiscal year ended June 30, 2025, which resulted in a reduction of ROU assets and lease liabilities of $5,346 and $4,037, respectively, and recognition of an accumulated gain of $1,309 related to lease terminations.

 

(2) Includes adjustment for remeasurement of an operating lease during fiscal year ended June 30, 2024, which resulted in a net reduction of an ROU asset and a corresponding reduction in lease liability of $9,375.

 

(3) Includes adjustment for modification of an operating lease for the fiscal year ended June 30, 2023, which resulted in a reduction of ROU assets and lease liabilities of $13,876 and $17,244, respectively, and recognition of a gain of $3,368 related to the modification.

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

 

Leases

 

Classification

 

Fiscal Year Ended June 30,

 

 

 

 

2025

 

 

2024

 

Assets

 

 

 

 

 

 

 

 

Operating lease ROU assets

 

Operating lease right-of-use assets, net*

 

$

76,875

 

 

$

86,634

 

Finance lease ROU assets, net

 

Property, plant and equipment, net

 

 

588

 

 

 

206

 

Total leased assets

 

 

 

$

77,463

 

 

$

86,840

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

 

 

 

Operating

 

Accrued expenses and other current liabilities*

 

$

14,908

 

 

$

10,759

 

Finance

 

Current portion of long-term debt

 

 

153

 

 

 

85

 

Non-current

 

 

 

 

 

 

 

 

Operating

 

Operating lease liabilities, noncurrent portion

 

 

65,284

 

 

 

80,863

 

Finance

 

Long-term debt, less current portion

 

 

462

 

 

 

137

 

Total lease liabilities

 

 

 

$

80,807

 

 

$

91,844

 

* Includes leases related to personal care business that was reclassified as assets held for sale. See Note 4, Assets and Liabilities Held for Sale, for more information.

Schedule of Maturities of Finance Lease Liabilities

Maturities of lease liabilities as of June 30, 2025 were as follows:

 

Fiscal Year

 

Operating leases

 

 

Finance leases

 

 

Total

 

 2026

 

$

13,975

 

 

$

177

 

 

$

14,152

 

 2027

 

 

13,591

 

 

 

163

 

 

 

13,754

 

 2028

 

 

12,516

 

 

 

136

 

 

 

12,652

 

 2029

 

 

11,696

 

 

 

110

 

 

 

11,806

 

 2030

 

 

10,420

 

 

 

118

 

 

 

10,538

 

Thereafter

 

 

35,579

 

 

 

 

 

 

35,579

 

Total lease payments

 

 

97,777

 

 

 

704

 

 

 

98,481

 

Less: Imputed interest

 

 

17,585

 

 

 

89

 

 

 

17,674

 

Total lease liabilities

 

$

80,192

 

 

$

615

 

 

$

80,807

 

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of June 30, 2025 were as follows:

 

Fiscal Year

 

Operating leases

 

 

Finance leases

 

 

Total

 

 2026

 

$

13,975

 

 

$

177

 

 

$

14,152

 

 2027

 

 

13,591

 

 

 

163

 

 

 

13,754

 

 2028

 

 

12,516

 

 

 

136

 

 

 

12,652

 

 2029

 

 

11,696

 

 

 

110

 

 

 

11,806

 

 2030

 

 

10,420

 

 

 

118

 

 

 

10,538

 

Thereafter

 

 

35,579

 

 

 

 

 

 

35,579

 

Total lease payments

 

 

97,777

 

 

 

704

 

 

 

98,481

 

Less: Imputed interest

 

 

17,585

 

 

 

89

 

 

 

17,674

 

Total lease liabilities

 

$

80,192

 

 

$

615

 

 

$

80,807