Debt (Tables)

9 Months Ended

Mar. 31, 2025

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

	March 31,		June 30,
As of	2025		2024
Initial Term A-1 Loan due July 2029	$	158,962	$	—
Initial Term A-2 Loan due July 2031		135,412		—
Delayed Draw Term A-1 Loan due July 2029		187,819		—
Delayed Draw Term A-2 Loan due July 2031		159,994		—
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		642,187		313,140
Unamortized debt issuance costs		(6,780)		(1,056)
Term loan balances, net of unamortized debt issuance costs		635,407		312,084
Less: current maturities of long-term debt		(16,250)		(29,795)
Long-term debt	$	619,157	$	282,289

					Nine Months
	March 31,		June 30,		Ended March 31,
	2025		2024		2025		2024
Revolving Credit Facility	5.27	%	6.00	%	6.36	%	6.17	%
Initial Term A-1 Loan due July 2029	2.76	%	—	%	2.88	%	—	%
Initial Term A-2 Loan due July 2031	3.26	%	—	%	3.36	%	—	%
Delayed Draw Term A-1 Loan due July 2029	5.73	%	—	%	6.55	%	—	%
Delayed Draw Term A-2 Loan due July 2031	6.43	%	—	%	7.06	%	—	%
2021 Term A Loan	—	%	2.36	%	—	%	2.36	%
2023 Incremental Term Loan	—	%	7.68	%	—	%	7.63	%
2022 Term Loan	—	%	7.43	%	—	%	7.41	%

 Interest rates as of the balance sheet dates are based on rates in effect as of those dates, including SOFR fluctuating rates of interest, applicable rates and the interest rate swap agreements.