v3.26.1
Income Taxes (Tables)
9 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Net Income (Loss) from Operations before Provision for Income Taxes

Net income (loss) from operations before provision for income taxes is shown below (in thousands):

 

 

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

 

 

2026

 

 

 

2025

 

 

2026

 

 

2025

 

U.S.

 

$

66,382

 

 

 

$

(11,512

)

 

$

78,546

 

 

$

6,222

 

Foreign

 

 

15,371

 

 

 

 

1,573

 

 

 

18,673

 

 

 

2,028

 

 

$

81,753

 

 

 

$

(9,939

)

 

$

97,219

 

 

$

8,250

 

Provision for Income Tax Expense by Jurisdiction and Effective Tax Rate

The Company files a consolidated federal income tax return based on a June 30 tax year end. The provision for income tax expense by jurisdiction and the effective tax rate are shown below (in thousands):

 

 

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

 

 

2026

 

 

 

2025

 

 

2026

 

 

2025

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal

 

$

10,928

 

 

 

$

(1,117

)

 

$

12,632

 

 

$

1,801

 

State and local

 

 

1,592

 

 

 

 

(74

)

 

 

1,936

 

 

 

304

 

Foreign

 

 

5,196

 

 

 

 

(40

)

 

 

6,057

 

 

 

461

 

 

$

17,716

 

 

 

$

(1,231

)

 

$

20,625

 

 

$

2,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective income tax rate

 

 

21.7

%

 

 

 

12.4

%

 

 

21.2

%

 

 

31.1

%