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Revenue Recognition Revenue Recognition | 9 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Revenue Recognition | Revenue Recognition The Company’s primary sources of revenue are sales of coffee, tea and culinary products. The Company recognizes revenue when control of the promised good or service is transferred to the customer and in amounts that the Company expects to collect. The timing of revenue recognition takes into consideration the various shipping terms applicable to the Company’s sales. The Company delivers products to customers through Direct-store-delivery (“DSD”) to the Company’s customers at their place of business and direct ship from the Company’s warehouse to the customer’s warehouse, facility or address. Each delivery or shipment made to a third party customer is to satisfy a performance obligation. Performance obligations generally occur at a point in time and are satisfied when control of the goods passes to the customer. The Company is entitled to collection of the sales price under normal credit terms in the regions in which it operates. The Company disaggregates net sales from contracts with customers based on the characteristics of the products sold:
|  | Three Months Ended March 31, |  | Nine Months Ended March 31,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
(In thousands) |  | $ |  | % of total |  | $ |  | % of total |  | $ |  | % of total |  | $ |  | % of total
Net Sales by Product Category: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Coffee (Roasted) |  | $ | 60,771 |  |  | 65.2 | % |  | $ | 84,300 |  |  | 65.3 | % |  | $ | 196,353 |  |  | 66.6 | % |  | $ | 267,847 |  |  | 63.7 | %
Coffee (Frozen Liquid) |  | 3,890 |  |  | 4.2 | % |  | 7,044 |  |  | 5.5 | % |  | 10,510 |  |  | 3.6 | % |  | 23,528 |  |  | 5.6 | %
Tea (Iced & Hot) |  | 4,726 |  |  | 5.1 | % |  | 6,701 |  |  | 5.2 | % |  | 11,251 |  |  | 3.8 | % |  | 21,969 |  |  | 5.2 | %
Culinary |  | 10,551 |  |  | 11.3 | % |  | 12,954 |  |  | 9.9 | % |  | 32,471 |  |  | 11.0 | % |  | 42,315 |  |  | 10.1 | %
Spice |  | 4,414 |  |  | 4.7 | % |  | 5,262 |  |  | 4.1 | % |  | 13,424 |  |  | 4.6 | % |  | 17,594 |  |  | 4.2 | %
Other beverages(1) |  | 8,530 |  |  | 9.2 | % |  | 12,290 |  |  | 9.5 | % |  | 30,028 |  |  | 10.1 | % |  | 42,322 |  |  | 10.1 | %
Other revenues(2) |  | — |  |  | — | % |  | — |  |  | — | % |  | — |  |  | — | % |  | 2,701 |  |  | 0.6 | %
Net sales by product category |  | 92,882 |  |  | 99.7 | % |  | 128,551 |  |  | 99.5 | % |  | 294,037 |  |  | 99.7 | % |  | 418,276 |  |  | 99.5 | %
Fuel surcharge |  | 270 |  |  | 0.3 | % |  | 588 |  |  | 0.5 | % |  | 956 |  |  | 0.3 | % |  | 1,961 |  |  | 0.5 | %
Net sales |  | $ | 93,152 |  |  | 100.0 | % |  | $ | 129,139 |  |  | 100.0 | % |  | $ | 294,993 |  |  | 100.0 | % |  | $ | 420,237 |  |  | 100.0 | %
____________ (1)Includes all beverages other than roasted coffee, frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee. (2)Represents revenues for certain transition services related to the sale of the Company’s office coffee assets. The Company does not have any material contract assets and liabilities as of March 31, 2021. Receivables from contracts with customers are included in “Accounts receivable, net” on the Company’s condensed consolidated balance sheets. At March 31, 2021 and June 30, 2020, “Accounts receivable, net” included, $36.9 million and $40.7 million, respectively, in receivables from contracts with customers.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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