Acquisitions (Tables)
|
12 Months Ended |
Jun. 30, 2025 |
Acquisitions [Line Items] |
|
Schedule of Supplemental Pro Forma Results of Operations |
| |
For the year ended June 30, | |
(in thousands) | |
2025 (Unaudited) | | |
2024 (Unaudited) | |
Revenues | |
$ | 433,485,131 | | |
$ | 423,357,744 | |
Net income | |
| 11,133,187 | | |
| 12,537,051 | |
|
Laundry Pro of Florida, Inc. (“LPF”) [Member] |
|
Acquisitions [Line Items] |
|
Schedule of Purchase Price Consideration |
The computation of the purchase price consideration
and the allocation of the consideration to the net assets acquired are presented in the following table (in thousands):
Allocation of purchase price consideration: | |
| |
Inventories | |
$ | 1,672 | |
Other assets | |
| 145 | |
Equipment and improvements | |
| 380 | |
Intangible assets | |
| 1,470 | |
Accounts payable and accrued expenses | |
| (16 | ) |
Customer deposits | |
| (156 | ) |
Total identifiable net assets | |
| 3,495 | |
Goodwill | |
| 2,390 | |
Total | |
$ | 5,885 | |
|
O’Dell Equipment & Supply, Inc [Member] |
|
Acquisitions [Line Items] |
|
Schedule of Purchase Price Consideration |
The computation
of the purchase price consideration and the preliminary allocation of the consideration to the net assets acquired are presented in the
following table (in thousands):
Allocation of purchase price consideration: | |
| |
Accounts receivable | |
$ | 409 | |
Inventories | |
| 1,032 | |
Equipment and improvements | |
| 183 | |
Intangible assets | |
| 1,750 | |
Accounts payable and accrued expenses | |
| (361 | ) |
Customer deposits | |
| (307 | ) |
Total identifiable net assets | |
| 2,706 | |
Goodwill | |
| 1,894 | |
Total | |
$ | 4,600 | |
|
Haiges Machinery, Inc. [Member] |
|
Acquisitions [Line Items] |
|
Schedule of Purchase Price Consideration |
The computation
of the purchase price consideration and the preliminary allocation of the consideration to the net assets acquired are presented in the
following table (in thousands):
Allocation of purchase price consideration: | |
| |
Accounts receivable | |
$ | 219 | |
Inventories | |
| 689 | |
Equipment and improvements | |
| 307 | |
Intangible assets | |
| 230 | |
Other assets | |
| 44 | |
Accounts payable and accrued expenses | |
| (80 | ) |
Customer deposits | |
| (121 | ) |
Total identifiable net assets | |
| 1,288 | |
Goodwill | |
| 839 | |
Total | |
$ | 2,127 | |
|
GNA Acquisition [Member] |
|
Acquisitions [Line Items] |
|
Schedule of Purchase Price Consideration |
The computation
of the purchase price consideration and the preliminary allocation of the consideration to the net assets acquired are presented in the
following table (in thousands):
Allocation of purchase price consideration: | |
| |
Accounts receivable | |
$ | 8,878 | |
Inventories | |
| 15,158 | |
Other current assets | |
| 1,209 | |
Equipment and improvements | |
| 2,474 | |
Intangible assets | |
| 7,700 | |
Other assets | |
| 1,684 | |
Accounts payable and accrued expenses | |
| (6,885 | ) |
Customer deposits | |
| (55 | ) |
Deferred tax liabilities | |
| (3,014 | ) |
Total identifiable net assets | |
| 27,149 | |
Goodwill | |
| 11,229 | |
Total | |
$ | 38,378 | |
|