Leases (Tables)
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12 Months Ended |
Jun. 30, 2026 |
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| Leases [Abstract] |
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| Schedule of Lease Expenses and Other Information |
The components of lease expenses for the fiscal years ended June 30, 2026 and 2025 were as follows:
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Fiscal Year Ended |
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2026 |
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2025 |
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Operating lease expenses |
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$ |
13,097 |
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|
$ |
14,019 |
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Finance lease expenses |
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|
223 |
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|
|
209 |
|
Variable lease expenses |
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|
244 |
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|
|
671 |
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Short-term lease expenses |
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|
751 |
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|
|
1,247 |
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Total lease expenses |
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$ |
14,315 |
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|
$ |
16,146 |
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Additional information related to leases is as follows:
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Fiscal Year Ended June 30, |
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2026 |
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2025 |
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Supplemental cash flow information |
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Cash paid for amounts included in the measurement of lease liabilities: |
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Operating cash flows from operating leases |
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$ |
14,531 |
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|
$ |
15,007 |
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Operating cash flows from finance leases |
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$ |
32 |
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|
$ |
16 |
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Financing cash flows from finance leases |
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$ |
126 |
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$ |
130 |
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ROU assets obtained in exchange for lease obligations: |
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Operating leases(1) |
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$ |
1,642 |
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|
$ |
(2,954 |
) |
Finance leases |
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$ |
47 |
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|
$ |
514 |
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Weighted average remaining lease term: |
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Operating leases |
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6.6 years |
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|
8.2 years |
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Finance leases |
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3.5 years |
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|
4.0 years |
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Weighted average discount rate: |
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Operating leases |
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|
5.1 |
% |
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|
5.0 |
% |
Finance leases |
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|
7.3 |
% |
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|
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 $1,309 related to lease terminations.
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| Schedule of Supplemental Balance Sheet Information |
Supplemental balance sheet information related to leases is as follows:
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Leases |
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Classification |
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Fiscal Year Ended June 30, |
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2026 |
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2025 |
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Assets(1) |
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Operating lease ROU assets |
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Operating lease right-of-use assets, net* |
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$ |
54,540 |
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$ |
76,875 |
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Finance lease ROU assets, net |
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Property, plant and equipment, net |
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|
349 |
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|
588 |
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Total leased assets |
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$ |
54,889 |
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$ |
77,463 |
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Liabilities(1) |
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Current |
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Operating |
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Accrued expenses and other current liabilities* |
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$ |
11,363 |
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$ |
14,908 |
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Finance |
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Current portion of long-term debt |
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|
78 |
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|
153 |
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Non-current |
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Operating |
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Operating lease liabilities, noncurrent portion |
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|
44,409 |
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|
65,284 |
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Finance |
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Long-term debt, less current portion |
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|
292 |
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|
462 |
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Total lease liabilities |
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$ |
56,142 |
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|
$ |
80,807 |
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(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.
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| Schedule of Maturities of Finance Lease Liabilities |
Maturities of lease liabilities as of June 30, 2026 were as follows:
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Fiscal Year |
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Operating leases |
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Finance leases |
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Total |
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2027 |
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$ |
11,154 |
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|
$ |
95 |
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$ |
11,249 |
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2028 |
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|
11,016 |
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|
|
108 |
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|
11,124 |
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2029 |
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|
10,205 |
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|
|
108 |
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|
10,313 |
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2030 |
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|
8,858 |
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|
|
116 |
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|
8,974 |
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2031 |
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|
7,646 |
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— |
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|
7,646 |
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Thereafter |
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|
17,024 |
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— |
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|
17,024 |
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Total lease payments |
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|
65,903 |
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|
|
427 |
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|
66,330 |
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Less: Imputed interest |
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|
10,131 |
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|
|
57 |
|
|
|
10,188 |
|
Total lease liabilities |
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$ |
55,772 |
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|
$ |
370 |
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|
$ |
56,142 |
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| Schedule of Maturities of Operating Lease Liabilities |
Maturities of lease liabilities as of June 30, 2026 were as follows:
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Fiscal Year |
|
Operating leases |
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|
Finance leases |
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Total |
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2027 |
|
$ |
11,154 |
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|
$ |
95 |
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|
$ |
11,249 |
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2028 |
|
|
11,016 |
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|
|
108 |
|
|
|
11,124 |
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2029 |
|
|
10,205 |
|
|
|
108 |
|
|
|
10,313 |
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2030 |
|
|
8,858 |
|
|
|
116 |
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|
8,974 |
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2031 |
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|
7,646 |
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|
— |
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|
7,646 |
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Thereafter |
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|
17,024 |
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|
— |
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|
17,024 |
|
Total lease payments |
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|
65,903 |
|
|
|
427 |
|
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|
66,330 |
|
Less: Imputed interest |
|
|
10,131 |
|
|
|
57 |
|
|
|
10,188 |
|
Total lease liabilities |
|
$ |
55,772 |
|
|
$ |
370 |
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|
$ |
56,142 |
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