Debt (Tables)

3 Months Ended

Sep. 30, 2024

Debt

Schedule of long term debt

	Revolving Credit and Term A-1 Loans				Term A-2 Loans
Net Leverage Ratio	Base rate		SOFR		Base rate		SOFR
≥ 4.00:1.00	1.75	%	2.75	%	2.25	%	3.25	%
≥ 3.50:1.00 and < 4.00:1.00	1.50	%	2.50	%	2.00	%	3.00	%
≥ 2.25:1.00 and < 3.50:1.00	1.25	%	2.25	%	1.75	%	2.75	%
< 2.25:1.00	1.00	%	2.00	%	1.50	%	2.50	%

Period	maximum Net Leverage Ratio	minimum interest coverage ratio
Prior to October 31, 2024	4.00:1.00	3.00:1.00
First fiscal quarter ending after October 31, 2024 through April 30, 2026	4.75:1.00	2.50:1.00
After April 30, 2026 to April 30, 2027	4.50:1.00	2.75:1.00
After April 30, 2027 to April 30, 2028	4.25:1.00	3.00:1.00
After April 30, 2028	4.00:1.00	3.00:1.00

	September 30,		June 30,
As of	2024		2024
Initial Term A-1 Loan due July 2029	$	160,988	$	—
Initial Term A-2 Loan due July 2031		137,137		—
2021 Term A Loan due April 2026		—		256,875
2023 Incremental Term Loan due April 2026		—		45,000
2022 Term Loan due September 2027		—		11,265
Gross term loan balances		298,125		313,140
Unamortized debt issuance costs		(2,957)		(1,056)
Term loan balances, net of unamortized debt issuance costs		295,168		312,084
Less: current maturities of long-term debt		(7,500)		(29,795)
Long-term debt	$	287,668	$	282,289

					Three Months
	September 30,		June 30,		Ended September 30
	2024		2024		2024		2023
Revolving Credit Facility	5.90	%	6.00	%	7.24	%	6.19	%
Initial Term A-1 Loan due July 2029	3.01	%	—	%	3.01	%	—	%
Initial Term A-2 Loan due July 2031	3.51	%	—	%	3.51	%	—	%
2021 Term A Loan	—	%	2.36	%	—	%	2.36	%
2023 Incremental Term Loan	—	%	7.68	%	—	%	7.57	%
2022 Term Loan	—	%	7.43	%	—	%	7.43	%