v3.26.1
Note 14. Fair Value (Tables)
 12 Months Ended
Jun. 30, 2026
Fair Value [Abstract]  
Fair Value Measurements, Recurring, Valuation Techniques
The following methods and assumptions were used to measure fair value:
Financial InstrumentLevelValuation Technique/Inputs Used
Derivative Assets: Foreign exchange contracts2Market - Based on observable market inputs using standard calculations, such as time value, forward interest rate yield curves, and current spot rates, considering counterparty credit risk
Trading securities: Mutual funds held in SERP1Market - Quoted market prices
Derivative Liabilities: Foreign exchange contracts2Market - Based on observable market inputs using standard calculations, such as time value, forward interest rate yield curves, and current spot rates adjusted for Kimball Electronics’ non-performance risk
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
As of June 30, 2026 and 2025, the fair values of financial assets and liabilities that are measured at fair value on a recurring basis using the market approach are categorized as follows:
June 30, 2026
(Amounts in Thousands)Level 1Level 2Total
Assets
Derivatives: foreign exchange contracts$— $1,024 $1,024 
Trading securities: mutual funds held in nonqualified SERP4,388 — 4,388 
Total assets at fair value$4,388 $1,024 $5,412 
Liabilities
Derivatives: foreign exchange contracts$— $330 $330 
Total liabilities at fair value$— $330 $330 
June 30, 2025
(Amounts in Thousands)Level 1Level 2Total
Assets
Derivatives: foreign exchange contracts$— $3,017 $3,017 
Trading securities: mutual funds held in nonqualified SERP4,114 — 4,114 
Total assets at fair value$4,114 $3,017 $7,131 
Liabilities
Derivatives: foreign exchange contracts$— $1,910 $1,910 
Total liabilities at fair value$— $1,910 $1,910 
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques
Financial instruments that are not reflected in the Consolidated Balance Sheets at fair value that have carrying amounts which approximate fair value include the following:
Financial InstrumentLevelValuation Technique/Inputs Used
Notes receivable2Market - Price approximated based on the assumed collection of receivables in the normal course of business, taking into account non-performance risk
Borrowings under credit facilities2Market - Based on observable market rates, taking into account Kimball Electronics’ non-performance risk