The Company leases office space, warehouse and distribution facilities, manufacturing equipment and vehicles primarily in North America and Western Europe. The Company determines if an arrangement is or contains a lease at inception. Right of use assets related to finance leases are included in property, plant and equipment, net on the consolidated balance sheets. Lease liabilities for finance leases are included in the current and non-current portions of long-term debt on the consolidated balance sheets. The current portion of the operating lease liabilities is included in accrued expenses and other current liabilities on the consolidated balance sheets. The Company does not have any related party leases, and sublease transactions are de minimis. The components of lease expenses for the fiscal years ended June 30, 2026 and 2025 were as follows:


	Fiscal Year Ended
	2026		2025
Operating lease expenses	$	13,097	$	14,019
Finance lease expenses		223		209
Variable lease expenses		244		671
Short-term lease expenses		751		1,247
Total lease expenses	$	14,315	$	16,146

Supplemental balance sheet information related to leases is as follows:


Leases	Classification	Fiscal Year Ended June 30,
		2026		2025
Assets(1)
Operating lease ROU assets	Operating lease right-of-use assets, net*	$	54,540	$	76,875
Finance lease ROU assets, net	Property, plant and equipment, net		349		588
Total leased assets		$	54,889	$	77,463

Liabilities(1)
Current
Operating	Accrued expenses and other current liabilities*	$	11,363	$	14,908
Finance	Current portion of long-term debt		78		153
Non-current
Operating	Operating lease liabilities, noncurrent portion		44,409		65,284
Finance	Long-term debt, less current portion		292		462
Total lease liabilities		$	56,142	$	80,807

(1) The reduction in assets and liabilities primarily reflect the disposition of leases associated with the Company’s former North American Snacks Business.

* Includes leases related to the personal care business that was reclassified as assets held for sale. See Note 4, Assets and Liabilities Held for Sale, for more information.

Additional information related to leases is as follows:


	Fiscal Year Ended June 30,
	2026			2025
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	14,531		$	15,007
Operating cash flows from finance leases	$	32		$	16
Financing cash flows from finance leases	$	126		$	130
ROU assets obtained in exchange for lease obligations:
Operating leases(1)	$	1,642		$	(2,954	)
Finance leases	$	47		$	514
Weighted average remaining lease term:
Operating leases	6.6 years			8.2 years
Finance leases	3.5 years			4.0 years
Weighted average discount rate:
Operating leases		5.1	%		5.0	%
Finance leases		7.3	%		6.7	%

(1) Includes adjustment for termination of two operating leases during fiscal year ended June 30, 2025, which resulted in a reduction of ROU assets and lease liabilities of $5,346 and $4,037, respectively, and recognition of an accumulated gain of $1,309 related to lease terminations.

Maturities of lease liabilities as of June 30, 2026 were as follows:


Fiscal Year	Operating leases		Finance leases		Total
2027	$	11,154	$	95	$	11,249
2028		11,016		108		11,124
2029		10,205		108		10,313
2030		8,858		116		8,974
2031		7,646		—		7,646
Thereafter		17,024		—		17,024
Total lease payments		65,903		427		66,330
Less: Imputed interest		10,131		57		10,188
Total lease liabilities	$	55,772	$	370	$	56,142