v3.26.1
Income Taxes (Tables)
 12 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Income Before Income Taxes by Component
Income before income taxes includes the following components:
Year ended June 30,
($000s)202620252024
Domestic$62 $(55)$1,611 
Foreign54,232 45,987 39,375 
Total$54,294 $45,932 $40,986 
Schedule of Major Components of the Provision for Income Tax Expense (Benefit)
The major components of the provision for income tax expense are as follows:
Year ended June 30,
($000s)202620252024
Current tax provision
Bermuda$— $— $— 
Foreign - U.S. Federal5,233 7,019 3,203 
Foreign - U.S. State(133)2,113 1,532 
Foreign - Others2,072 3,054 2,241 
Total current expense$7,172 $12,186 $6,976 
Deferred tax provision
Bermuda$— $— $— 
Foreign - U.S. Federal1,163 (2,735)(124)
Foreign - U.S. State149 (445)155 
Foreign - Others(521)62 324 
Total deferred expense (benefit) $791 $(3,118)$355 
Provision for income tax expense$7,963 $9,068 $7,331 
Schedule of Statutory Rate to Profit Before Income Taxes
The provision for income taxes differs from the expected amount calculated by applying the Company’s Bermuda statutory rate to income before income taxes as follows:
Year Ended
June 30, 2026
Tax EffectRate Effect
($000s)
Income before income taxes$54,294 
Bermuda statutory rate— 0.0 %
Foreign tax effects
United States
Statutory tax rate differential - Federal7,702 14.2 %
Statutory tax rate differential - State and Local1,446 2.7 %
Tax credits(590)(1.1)%
Stock-based payment awards(1,494)(2.8)%
Limitation on executive compensation1,007 1.9 %
Prior year taxes(772)(1.4)%
Other146 0.2 %
Philippines
Statutory tax rate differential1,655 3.0 %
Tax holiday savings(511)(0.9)%
Lease deferred tax asset(597)(1.1)%
Pakistan
Statutory tax rate differential4,147 7.6 %
Tax holiday savings(3,387)(6.2)%
Jamaica
Statutory tax rate differential714 1.3 %
Tax holiday savings(540)(1.0)%
Tax credits(145)(0.3)%
Others195 0.4 %
Nicaragua
Statutory tax rate differential764 1.4 %
Tax holiday savings(764)(1.4)%
Other foreign jurisdictions
Statutory tax rate differential317 0.6 %
Tax holiday savings(278)(0.5)%
Changes in valuation allowances(20)0.0 %
Changes in unrecognized tax benefits(1,032)(1.9)%
Provision for income tax expense$7,963 14.7 %
The reconciliation of taxes at the US federal statutory rate to income tax expense for the years ended June 30, 2025 and 2024 in accordance with the guidance prior to the adoption of ASU 2023-09 was as follows:

Year ended June 30,
20252024
U.S. federal statutory rate21.0 %21.0 %
State income taxes, net of federal deduction3.3 %2.8 %
Foreign rate differential(3.2)%(4.7)%
Non-deductible expenses / exempt income0.2 %1.0 %
Employment and other tax credits(1.4)%(1.8)%
Prior year provision / other items(0.1)%0.5 %
Change in valuation allowance(0.1)%(0.9)%
Effective tax rate percentage19.7 %17.9 %
Schedule of Income Taxes Paid
During the year ended June 30, 2026, the Company adopted ASU 2023-09 to enhance the income taxes disclosures regarding income taxes paid and the rate reconciliation disclosure. Cash paid for income taxes, net of refunds, during the year ended June 30, 2026 were as follows:

Year ended June 30,
2026
($000s)
United States$8,952 
Philippines1,482 
Pakistan611 
Jamaica542 
Others— 
Cash paid for income taxes, net of refunds$11,587 
Schedule of Components of Deferred Tax Assets and Liabilities
Significant components of deferred tax assets and liabilities included in the consolidated balance sheets are as follows:
($000s)June 30,
2026		June 30,
2025
Deferred tax assets
Provision for employee benefits and other expenses$3,376 $4,201 
Section 174 research and development capitalization2,008 1,630 
Net operating losses1,739 1,878 
Property and equipment, net448 1,337 
Lease liability (right of use assets)4,917 3,767 
Net unrealized loss on hedging668 (182)
Total deferred tax assets$13,156 $12,631 
Valuation allowance(1,095)(1,162)
Total deferred tax assets, net of valuation allowance$12,061 $11,469 
Deferred tax liabilities
Right of use assets(3,816)(3,199)
Intangible assets(1,075)(1,107)
Total deferred tax liabilities$(4,891)$(4,306)
Net deferred tax assets and liabilities$7,170 $7,163 
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

($000s)June 30,
2026		June 30,
2025		June 30,
2024
Beginning balance$1,032 $— $— 
Additions for tax positions related to current year— — — 
Additions for tax positions of prior years— 1,032 — 
Additions for acquisitions— — — 
Reductions for tax positions of prior years— — — 
Reductions for settlements(1,032)— — 
Reductions for expiration of statute of limitations— — — 
Effect of foreign currency transactions— — — 
Ending balance$— $1,032 $—