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Investments
 9 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
The Company’s Investments reported in the accompanying consolidated balance sheets, consisted of the following:
March 31,
2025		June 30,
2024
Equity method investments:
NRG$6,994 $7,536 
Other equity method investments4,513 5,038 
Equity investments with readily determinable fair values:
Xtract One Technologies Inc. (“Xtract One”) common stock10,277 17,380 
Other equity investments with readily determinable fair values held in trust under the Company’s Executive Deferred Compensation Plan21,773 18,837 
Equity investments without readily determinable fair values (a)
7,964 6,757 
Derivative instruments:
Xtract One warrants1,904 6,995 
Total investments$53,425 $62,543 
_________________
(a)During the three and nine months ended March 31, 2025, the Company recorded impairment charges and reductions in carrying value resulting from observable price changes of $0 and $894, respectively, related to its equity securities without readily determinable fair values in Miscellaneous expense, net within the accompanying consolidated statements of operations. During the three and nine months ended March 31, 2024, the Company did not record any impairment charges or changes in carrying value of its equity securities without readily determinable fair values in the accompanying consolidated statements of operations.
Equity Method Investments
NRG
The Company holds preferred shares of the capital stock of Hard Carry Gaming, Inc. (“NRG”), a professional gaming and entertainment company. During the three and nine months ended March 31, 2025, the Company recognized its net share of losses of $26 and $542, respectively, in Miscellaneous expense, net within the Company’s consolidated statements of operations. During the three and nine months ended March 31, 2024, the Company recognized its net share of income of $140 and losses of $718, respectively, in Miscellaneous expense, net within the Company’s consolidated statements of operations. As of March 31, 2025 and June 30, 2024, the Company’s ownership in NRG was approximately 25%.
Equity Investments with Readily Determinable Fair Values
The Company holds investments in equity instruments with readily determinable fair value:
•Xtract One, a technology-driven threat detection and security solution company that is listed on the Toronto Stock Exchange under the symbol “XTRA”. The Company holds common stock of Xtract One and holds warrants entitling the Company to acquire additional shares of common stock of Xtract One which are considered derivative instruments. Refer to Note 10 for further details regarding the Company’s warrants, including the inputs used in determining the fair value of the warrants.
•Other equity investments held in trust under the Company’s Executive Deferred Compensation Plan. Refer to Note 13 for further details regarding the plan.
The fair value of the Company’s investments in common stock of Xtract One and other investments held in trust are determined based on quoted market prices in active markets, which are classified within Level I of the fair value hierarchy.
The cost basis and carrying value of equity investments with readily determinable fair values are as follows:
March 31, 2025June 30, 2024
Cost BasisCarrying Value/Fair ValueCost BasisCarrying Value/Fair Value
Xtract One common stock$7,721 $10,277 $7,721 $17,380 
Other equity investments with readily determinable fair values18,723 21,773 16,510 18,837 
$26,444 $32,050 $24,231 $36,217 
The following table summarizes the realized and unrealized gains (losses) on equity investments with readily determinable fair values, recorded within Miscellaneous expense, net within the Company’s consolidated statements of operations, for the three and nine months ended March 31, 2025 and 2024:
Three Months Ended March 31,Nine Months Ended March 31,
2025202420252024
Unrealized loss - Xtract One common stock$(3,387)$(853)$(7,103)$(5,645)
Unrealized (loss) gain - other equity investments with readily determinable fair values(319)809 723 1,501 
Realized gain - other equity investments with readily determinable fair values184 12 250 55 
$(3,522)$(32)$(6,130)$(4,089)