v3.26.1
Debt (Tables)
9 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of long term debt

Revolving Credit and
Term A-1 Loans

Term A-2 Loans

Net Leverage Ratio

Base rate

SOFR

Base rate

SOFR

≥ 4.00:1.00

 

1.75

%

2.75

%

  ​

2.25

%

3.25

%

≥ 3.50:1.00 and < 4.00:1.00

1.50

%

2.50

%

2.00

%

3.00

%

≥ 2.25:1.00 and < 3.50:1.00

1.25

%

2.25

%

1.75

%

2.75

%

< 2.25:1.00

1.00

%

2.00

%

1.50

%

2.50

%

 

Period

maximum
Net Leverage Ratio

minimum
interest coverage ratio

Prior to October 31, 2024

4.00:1.00

3.00:1.00

First fiscal quarter ended after October 31, 2024 through January 3, 2026

4.75:1.00

2.50:1.00

After January 3, 2026 to January 3, 2027

4.50:1.00

2.75:1.00

After January 3, 2027 to January 3, 2028

4.25:1.00

3.00:1.00

After January 3, 2028

4.00:1.00

3.00:1.00

 

  ​ ​ ​

March 31, 

June 30, 

As of

2026

2025

Term A-1 Loans due July 2029

$

338,006

$

344,588

Term A-2 Loans due July 2031

287,931

293,537

Gross term loan balances

 

625,937

 

638,125

Unamortized debt issuance costs

 

(5,421)

 

(6,440)

Term loan balances, net of unamortized debt issuance costs

 

620,516

 

631,685

Less: current maturities of long-term debt

 

(22,831)

 

(16,250)

Long-term debt

$

597,685

$

615,435

 

  ​ ​ ​

Nine Months

March 31, 

June 30, 

Ended March 31, 

2026

2025

2026

2025

Revolving Credit Facility

 

5.89

%

5.89

%

  ​

5.89

%

6.36

%

Initial Term A-1 Loan due July 2029

5.44

%

5.45

%

5.45

%

2.88

%

Initial Term A-2 Loan due July 2031

6.39

%

6.39

%

6.39

%

3.36

%

Delayed Draw Term A-1 Loan due July 2029

5.92

%

6.50

%

6.19

%

6.55

%

Delayed Draw Term A-2 Loan due July 2031

6.43

%

7.20

%

6.78

%

7.06

%