v3.26.1
Acquisitions (Tables)
 12 Months Ended
Jun. 30, 2025
Business Combination [Table]  
Schedule of Pro Forma Adjustment the estimated income tax effect on the pro forma adjustments (in thousands):
 
    
Year Ended
June 30, 2024
  
Revenues
    $ 482,714  
Net Loss
    $ (28,093 ) 
MGM [Member]  
Business Combination [Table]  
Schedule of the Estimated Fair Value of the Assets Acquired and the Liabilities The following table includes the estimated fair value of the assets acquired and the liabilities assumed (in thousands):
 
    
MGM
  
Assets acquired:
   
Cash and cash equivalents
    $ 8,422  
Accounts receivable
      40,163  
Inventory
      47,230  
Prepaid and other current assets
      8,212  
  
 
 
  
Total current assets
      104,027  
Property and equipment
      10,492  
Operating lease right of use assets
      2,702  
Goodwill
      216,733  
Other Intangible assets:
   
Customer relationships
      68,720  
Trade names
      49,640  
Backlog
      15,810  
Noncompete agreements
      3,110  
  
 
 
  
Total assets acquired
      471,234  
  
 
 
  
Liabilities assumed:
   
Accounts payable
      (4,019 ) 
Accrued expenses
      (13,922 ) 
Deferred revenue
      (2,205 ) 
Operating lease liabilities, current portion
      (419 ) 
  
 
 
  
Total current liabilities
      (20,565 ) 
Deferred tax liability
      (23,669 ) 
Operating lease liabilities, less current portion
      (2,283 ) 
  
 
 
  
Total liabilities assumed
      (46,517 ) 
  
 
 
  
Net assets acquired
    $ 424,717  
  
 
 
  
PwrQ [Member]  
Business Combination [Table]  
Schedule of the Estimated Fair Value of the Assets Acquired and the Liabilities The following table includes the estimated fair value of the assets acquired and the liabilities assumed (in thousands):
 
    
PwrQ
  
Assets acquired:
   
Cash and cash equivalents
    $ 20,125  
Accounts receivable
      21,965  
Inventory
      8,551  
Prepaid and other current assets
      7,612  
  
 
 
  
Total current assets
      58,253  
Property and equipment
      933  
Operating lease right of use assets
      2,545  
Goodwill
      44,709  
Other Intangible assets:
   
Customer relationships
      27,700  
Trade names
      3,200  
Backlog
      2,700  
Noncompete agreements
      4,000  
  
 
 
  
Total assets acquired
      144,040  
  
 
 
  
Liabilities assumed:
   
Accounts payable
      (7,232 ) 
Accrued expenses
      (5,274 ) 
Deferred revenue
      (23,136 ) 
Operating lease liabilities, current portion
      (621 ) 
  
 
 
  
Total current liabilities
      (36,263 ) 
Deferred tax liability
      (2,884 ) 
Operating lease liabilities, less current portion
      (1,924 ) 
  
 
 
  
Total liabilities assumed
      (41,071 ) 
  
 
 
  
Net assets acquired
    $ 102,969  
  
 
 
  
States [Member]  
Business Combination [Table]  
Schedule of the Estimated Fair Value of the Assets Acquired and the Liabilities The following table includes the estimated fair value of the assets acquired and the liabilities assumed (in thousands):
 
    
States
  
Assets acquired:
   
Cash and cash equivalents
    $ 179  
Accounts receivable
      2,266  
Inventory
      16,793  
Prepaid and other current assets
      150  
  
 
 
  
Total current assets
      19,388  
Property and equipment
      4,212  
Operating lease right of use assets
      2,464  
Goodwill
      25,053  
Other Intangible assets:
   
Customer relationships
      13,234  
Trade names
      21,156  
Backlog
      6,857  
Noncompete agreements
      346  
  
 
 
  
Total assets acquired
      92,710  
  
 
 
  
Liabilities assumed:
   
Accounts payable
      (3,176 ) 
Accrued expenses
      (1,174 ) 
Deferred revenue
      (17,569 ) 
Operating lease liabilities, current portion
      (327 ) 
  
 
 
  
Total current liabilities
      (22,246 ) 
Operating lease liabilities, less current portion
      (1,976 ) 
  
 
 
  
Total liabilities assumed
      (24,222 ) 
  
 
 
  
Net assets acquired
    $ 68,488  
  
 
 
  
VanTran [Member]  
Business Combination [Table]  
Schedule of the Estimated Fair Value of the Assets Acquired and the Liabilities The following table includes the estimated fair value of the assets acquired and the liabilities assumed (in thousands):
 
    
VanTran
  
Assets acquired:
   
Cash and cash equivalents
    $ 53,079  
Accounts receivable
      12,272  
Inventory
      7,630  
Prepaid and other current assets
      2,751  
  
 
 
  
Total current assets
      75,732  
Property and equipment
      12,861  
Operating lease right of use assets
      2,855  
Goodwill
      230,134  
Other Intangible assets:
   
Customer relationships
      103,548  
Trade names
      51,583  
Backlog
      43,087  
Noncompete agreements
      1,398  
  
 
 
  
Total assets acquired
      521,198  
  
 
 
  
 
 
    
VanTran
  
Liabilities assumed:
   
Accounts payable
      (4,499 ) 
Accrued expenses
      (5,446 ) 
Deferred revenue
      (38,977 ) 
Operating lease liabilities, current portion
      (199 ) 
  
 
 
  
Total current liabilities
      (49,121 ) 
Deferred tax liability
      (36,707 ) 
Operating lease liabilities, less current portion
      (2,656 ) 
  
 
 
  
Total liabilities assumed
      (88,484 ) 
  
 
 
  
Net assets acquired
    $ 432,714