Stockholders' Equity

3 Months Ended

Sep. 30, 2023

Equity [Abstract]

Stockholders' Equity

STOCKHOLDERS’ EQUITY

AOCI

The following table presents changes by component:

($000s)	Foreign Currency Translation Adjustment		Derivative Valuation		Defined Benefit Plan		Total
Balance as of June 30, 2022	$	(4,026)	$	(639)	$	103	$	(4,562)
Foreign currency translation	(1,677)		—		—		(1,677)
Unrealized gain on cash flow hedges	—		338		—		338
Reclassifications to earnings	—		(599)		—		(599)
Balance as of September 30, 2022	$	(5,703)	$	(900)	$	103	$	(6,500)

($000s)	Foreign Currency Translation Adjustment		Derivative Valuation		Defined Benefit Plan		Total
Balance as of June 30, 2023	$	(6,260)	$	(124)	$	72	$	(6,312)
Foreign currency translation	(701)		—		—		(701)
Unrealized loss on cash flow hedges	—		(235)		—		(235)
Reclassifications to earnings	—		41		—		41
Balance as of September 30, 2023	$	(6,961)	$	(318)	$	72	$	(7,207)

Share buyback

On September 18, 2023, the Company announced that the board of directors (the "Board") had authorized a share repurchase program under which the Company may repurchase up to $30 million of its shares over the next six months beginning September 18, 2023 (the “Share Repurchase Program”). During the three months ended September 30, 2023, we repurchased 134,524 shares of our common shares under the Share Repurchase Program for $2.0 million, which we funded with available cash. As of September 30, 2023, approximately $28.0 million remained available for share repurchases under our Share Repurchase Program.