Shareholders' Equity

9 Months Ended

Mar. 31, 2024

Stockholders' Equity Note [Abstract]

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

Accumulated Other Comprehensive Loss

Changes in the accumulated other comprehensive loss are comprised of the following amounts, shown net of taxes:

	Three Months Ended March 31, 2024
	Foreign currency translation adjustment		Post-employment benefits		Cash flow hedge		Total Accumulated other comprehensive (loss) income
Balance at December 31, 2023	$	(79,667)	$	(244)	$	20,265	$	(59,646)
Other comprehensive (loss) income	(5,147)		—		3,856		(1,291)
Amounts reclassified from accumulated other comprehensive (loss) income	—		(24)		(3,528)		(3,552)
Net current-period other comprehensive (loss) income	(5,147)		(24)		328		(4,843)
Balance at March 31, 2024	$	(84,814)	$	(268)	$	20,593	$	(64,489)

	Three Months Ended March 31, 2023
	Foreign currency translation adjustment		Post-employment benefits		Cash flow hedge		Total Accumulated other comprehensive (loss) income
Balance at December 31, 2022	$	(96,374)	$	(513)	$	29,501	$	(67,386)
Other comprehensive income (loss)	5,766		—		(1,741)		4,025
Amounts reclassified from accumulated other comprehensive (loss) income	—		6		(2,289)		(2,283)
Net current-period other comprehensive income (loss)	5,766		6		(4,030)		1,742
Balance at March 31, 2023	$	(90,608)	$	(507)	$	25,471	$	(65,644)

	Nine Months Ended March 31, 2024
	Foreign currency translation adjustment		Post-employment benefits		Cash flow hedge		Total Accumulated other comprehensive (loss) income
Balance at June 30, 2023	$	(83,099)	$	(197)	$	28,000	$	(55,296)
Other comprehensive (loss) income	(1,715)		—		3,189		1,474
Amounts reclassified from accumulated other comprehensive (loss) income	—		(71)		(10,596)		(10,667)
Net current-period other comprehensive loss	(1,715)		(71)		(7,407)		(9,193)
Balance at March 31, 2024	$	(84,814)	$	(268)	$	20,593	$	(64,489)

	Nine Months Ended March 31, 2023
	Foreign currency translation adjustment		Post-employment benefits		Cash flow hedge		Total Accumulated other comprehensive (loss) income
Balance at June 30, 2022	$	(90,738)	$	(1,303)	$	19,746	$	(72,295)
Other comprehensive income	130		777		7,953		8,860
Amounts reclassified from accumulated other comprehensive (loss) income	—		19		(2,228)		(2,209)
Net current-period other comprehensive income	130		796		5,725		6,651
Balance at March 31, 2023	$	(90,608)	$	(507)	$	25,471	$	(65,644)

Other Comprehensive Income

Details of other comprehensive (loss) income are as follows:

	Three Months Ended March 31,
	2024						2023
	Pre-Tax Amount		Tax Expense (Benefit)		Net Amount		Pre-Tax Amount		Tax (Benefit) Expense		Net Amount
Foreign currency translation adjustments	$	(5,112)	$	35	$	(5,147)	$	5,763	$	(3)	$	5,766
Post-employment benefits:
Reclassification of net actuarial losses and prior service cost into other (income) expense, net and included in net periodic pension costs	(30)		(6)		(24)		9		3		6
Unrealized gain (loss) on cash flow hedge	5,105		1,249		3,856		(2,309)		(568)		(1,741)
Reclassification of interest from cash flow hedge into interest expense, net	(4,671)		(1,143)		(3,528)		(3,036)		(747)		(2,289)
Other comprehensive (loss) income	$	(4,708)	$	135	$	(4,843)	$	427	$	(1,315)	$	1,742

	Nine Months Ended March 31,
	2024						2023
	Pre-Tax Amount		Tax Expense (Benefit)		Net Amount		Pre-Tax Amount		Tax Expense (Benefit)		Net Amount
Foreign currency translation adjustments	$	(1,685)	$	30	$	(1,715)	$	255	$	125	$	130
Post-employment benefits:
Reclassification of net actuarial losses and prior service cost into other (income) expense, net and included in net periodic pension costs	(90)		(19)		(71)		27		8		19
Termination of pension plan	—		—		—		1,031		254		777
Unrealized gain on cash flow hedge	4,203		1,014		3,189		10,549		2,596		7,953
Reclassification of interest from cash flow hedge into interest expense, net	(14,024)		(3,428)		(10,596)		(2,955)		(727)		(2,228)
Other comprehensive (loss) income	$	(11,596)	$	(2,403)	$	(9,193)	$	8,907	$	2,256	$	6,651

Anti-dilutive Common Stock Equivalents

In the three month period ended March 31, 2024, stock options and stock appreciation rights related to 77 shares of common stock were not included in the computation of diluted earnings per share for the period then ended as they were anti-dilutive. In the nine month periods ended March 31, 2024 and 2023, stock options and stock appreciation rights related to 102 and 109 shares of common stock, respectively, were not included in the computation of diluted earnings per share for the period then ended as they were anti-dilutive.