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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (LLC) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current Assets    
Cash and cash equivalents $ 106,165 $ 111,322
Accounts receivable, net 251,017 159,970
Inventory, net 160,480 117,577
Prepaid and other current assets 59,918 56,278
Total Current Assets 577,580 445,147
Property and equipment, net 157,561 108,170
Operating lease right of use assets 113,450 117,769
Goodwill 516,629 516,629
Other intangible assets, net 311,997 337,271
Other assets 19,914 11,700
Total Assets 1,697,131 1,536,686
Current Liabilities    
Accounts payable 72,542 61,943
Accrued expenses 106,132 79,541
Payables pursuant to the acquisitions 1,081 17,226
Deferred revenue 154,901 110,895
Operating lease liabilities, current portion 7,787 6,879
Long-term debt, current portion 4,500 5,173
Total Current Liabilities 346,943 281,657
Deferred tax liability, net 64,165 63,318
Operating lease liabilities, net of current portion 117,519 121,491
Long-term debt, net of discount and deferred financing costs, less current portion 579,006 496,934
Total Liabilities 1,107,633 963,400
Commitments and Contingencies (Note 17)
Member’s equity attributable to Forgent Intermediate LLC 385,540 374,534
Non-controlling interests 203,958 198,752
Total Member’s Equity 589,498 573,286
Total Liabilities and Member’s Equity $ 1,697,131 $ 1,536,686