v3.26.1
Acquisitions (Tables)
12 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Schedule of Contingent Consideration Any currency translation gain or loss on the earnout or escrow receivable are recognized within other expense (income), net, in the Consolidated Statements of Operations and Comprehensive (Loss) Income.
Balance at acquisition date$32,599 
Fair value change of earnout$(1,597)
Currency translation adjustment on earnout$(1,113)
Reduction due to contractual offset from finalized purchase price adjustment$(1,709)
Balance at June 30, 2026$28,180 
Schedule of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimated fair values assigned to the assets acquired and liabilities assumed as of March 2, 2026 (as adjusted). These preliminary fair values are based on internal Company and independent external third-party valuations and are subject to change as certain asset and liability valuations are finalized:
Recognized preliminary amounts of identifiable assets acquired and liabilities assumed, at fair value:
Cash and cash equivalents11,277
Trade receivables2,085
Inventories59,777
Prepaid expenses and other current assets7,107
Property, plant, and equipment22,952
Intangible assets142,918
Other assets8,290
Total assets acquired254,406
Accounts payable26,681
Accrued expenses45,883
Income taxes and tax distribution payable50
Other liabilities5,406
Total liabilities assumed78,020
Net assets acquired 176,386
Goodwill27,501 
Total preliminary purchase price$203,887 
Schedule of Fair Value Estimates for Identifiable Assets Acquired
The preliminary fair value estimates (as adjusted) for the Company's identifiable intangible assets acquired as part of the acquisition are as follows:
Preliminary Fair ValueEstimated Useful Life (in years)
Definite-lived intangibles:
     Dealer relationships 47,83615
     Backlog8,2680.92
Total definite-lived intangibles56,104
Indefinite-lived intangible:
Trade name86,814
     Total identifiable intangible assets$142,918 
Schedule of Pro Forma Results
The unaudited pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the business combination had taken place at such time.
Year ended
June 30,
20262025
Net Sales1,051,264 962,480 
Net income18,652 2,470