ALLOWANCE FOR CREDIT LOSSES

12 Months Ended

Jun. 30, 2026

The following illustrates the activity in our allowance for credit losses on accounts receivable:


Balance as of June 30, 2023	$	13,828
Credit loss expense (recovery)	8,622
Write-off/adjustments	(9,196)
Divestiture of AMC business (Note 19)	(1,146)
Balance as of June 30, 2024	12,108
Credit loss expense (recovery)	9,874
Write-off/adjustments	(7,724)

Balance as of June 30, 2025	14,258
Credit loss expense (recovery)	7,662
Write-off/adjustments	(8,686)
Divestiture of Vertica business (Note 19)	(98)
Balance as of June 30, 2026	$	13,136

Included in accounts receivable are unbilled receivables in the amount of $63.7 million as of June 30, 2026 (June 30, 2025—$56.7 million).

As of June 30, 2026, we have an allowance for credit losses of $0.3 million for contract assets (June 30, 2025—$0.4 million). For additional information on contract assets, see Note 3 “Revenues.”