The following table presents the reconciliation of changes in our noncontrolling interests:


	Redeemable Noncontrolling Interest		Noncontrolling Interest
Balance as of June 30, 2024	$	22,998	$	634
Acquisition of noncontrolling interest (1)	866		—
Accretion to redemption value recognized in retained earnings	1,562		—
Purchase of noncontrolling interests (2)	(4,579)		—
Net income (loss) attributable to noncontrolling interests	(2,364)		264
Foreign currency translation	574		89
Balance as of June 30, 2025	$	19,057	$	987
Proceeds from sale of noncontrolling interests	24,814		—
Fair value adjustment from sale of noncontrolling interests	36,684		—
Acquisition of noncontrolling interests (1)	2,224		20,000

Accretion to redemption value recognized in retained earnings	2,127		—

Adjustment to purchase price recognized in additional paid in capital	—		1,084

Purchase of noncontrolling interests (3)	(11,909)		(1,792)

Net income (loss) attributable to noncontrolling interests	1,320		(78)
Foreign currency translation	1,250		(60)
Balance as of June 30, 2026	$	75,567	$	20,141

(1) During fiscal years 2026 and 2025, we completed acquisitions of immaterial businesses that are part of our PrintBrothers and The Print Group reportable segments. This represents the estimated fair value of the respective noncontrolling interests upon acquisition. Refer to Note 7 for additional details.

(2) During fiscal year 2025, we purchased 49% of the remaining equity interest in one of the smaller businesses previously acquired and included in our PrintBrothers reportable segment for a total purchase price of $4,579, which consisted of $4,058 of cash paid at closing, and $521 of a deferred payment that is payable in fiscal year 2029.

(3) In the second quarter of fiscal year 2026, the minority equity interest holders for one of our smaller businesses within the PrintBrothers reportable segment exercised their put option, which resulted in our purchase of the remaining noncontrolling interests for $11,909. In the third quarter of fiscal year 2026, we purchased the remaining noncontrolling interests in another of our smaller businesses within the PrintBrothers reportable segment for $1,792.