Leases

12 Months Ended

Jun. 30, 2025

Leases [Abstract]

Leases

LEASES

The Company has operating lease obligations primarily for its delivery centers and finance lease obligations primarily for vehicles and other equipment. Leases typically have initial terms of two to 15 years, and may include renewal options if the Company is reasonably certain to exercise such options.

The components of lease cost are as follows:

	Year Ended June 30,
($000s)	2025		2024		2023
Operating lease cost:
Operating lease cost	$	19,793	$	19,753	$	21,614
Variable lease cost	3,015		2,949		4,127
Short-term lease cost	583		211		—
Total operating lease cost	$	23,391	$	22,913	$	25,741
Finance lease cost:
Amortization of right of use assets	$	963	$	653	$	446
Interest on lease liabilities	313		235		143
Total finance lease cost	$	1,276	$	888	$	589

The following table presents supplemental balance sheet information related to leases:

($000s)	June 30, 2025		June 30, 2024
Operating lease assets	$	62,276	$	59,145
Operating lease liabilities, current	$	14,332	$	12,051
Operating lease liabilities, non-current	53,804		53,441
Total operating lease liabilities	$	68,136	$	65,492
Finance lease assets, net	$	1,776	$	1,697
Finance lease liabilities, current	$	823	$	660
Finance lease liabilities, non-current	796		867
Total finance lease liabilities	$	1,619	$	1,527

The following table presents supplemental cash flow information related to leases:

	Year Ended June 30,
($000s)	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities	$	14,403	$	13,528	$	14,309
Operating cash flows paid for interest portion of finance leases	$	313	$	235	$	143
Financing cash flows paid for principal portion of finance leases	$	953	$	490	$	447

The following table presents supplemental noncash information related to leases:

($000s)	June 30, 2025		June 30, 2024
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	23,901	$	6,069
Finance leases	$	918	$	1,040
Reduction due to reassessment of lease renewal options
Right-of-use assets	$	(2,426)	$	(3,656)
Operating lease liabilities	$	(2,426)	$	(3,689)

During the year ended June 30, 2025, the Company entered into four significant lease agreements and four significant renewals resulting in noncash operating lease additions of $7.9 million and $14.8 million, respectively, compared to one significant renewal resulting in noncash operating lease additions of $4.0 million during the year ended June 30, 2024.

	June 30, 2025		June 30, 2024
Weighted average remaining lease term (in years)
Operating leases	4.5		5.1
Finance leases	2.0		2.2
Weighted average discount rate
Operating leases	10.4	%	10.5	%
Finance leases	19.3	%	22.3	%

The following table presents the maturities of our lease liabilities as of June 30, 2025:

($000s)	Operating Leases		Finance Leases
Year Ending
2026	$	19,827	$	1,039
2027	19,250		668
2028	18,301		210
2029	16,067		—
2030	6,969		—
Thereafter	6,968		—
Total undiscounted lease payments	87,383		1,917
Less: liability accretion	(19,247)		(298)
Total lease liabilities	$	68,136	$	1,619

Leases

LEASES

The Company has operating lease obligations primarily for its delivery centers and finance lease obligations primarily for vehicles and other equipment. Leases typically have initial terms of two to 15 years, and may include renewal options if the Company is reasonably certain to exercise such options.

The components of lease cost are as follows:

	Year Ended June 30,
($000s)	2025		2024		2023
Operating lease cost:
Operating lease cost	$	19,793	$	19,753	$	21,614
Variable lease cost	3,015		2,949		4,127
Short-term lease cost	583		211		—
Total operating lease cost	$	23,391	$	22,913	$	25,741
Finance lease cost:
Amortization of right of use assets	$	963	$	653	$	446
Interest on lease liabilities	313		235		143
Total finance lease cost	$	1,276	$	888	$	589

The following table presents supplemental balance sheet information related to leases:

($000s)	June 30, 2025		June 30, 2024
Operating lease assets	$	62,276	$	59,145
Operating lease liabilities, current	$	14,332	$	12,051
Operating lease liabilities, non-current	53,804		53,441
Total operating lease liabilities	$	68,136	$	65,492
Finance lease assets, net	$	1,776	$	1,697
Finance lease liabilities, current	$	823	$	660
Finance lease liabilities, non-current	796		867
Total finance lease liabilities	$	1,619	$	1,527

The following table presents supplemental cash flow information related to leases:

	Year Ended June 30,
($000s)	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities	$	14,403	$	13,528	$	14,309
Operating cash flows paid for interest portion of finance leases	$	313	$	235	$	143
Financing cash flows paid for principal portion of finance leases	$	953	$	490	$	447

The following table presents supplemental noncash information related to leases:

($000s)	June 30, 2025		June 30, 2024
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	23,901	$	6,069
Finance leases	$	918	$	1,040
Reduction due to reassessment of lease renewal options
Right-of-use assets	$	(2,426)	$	(3,656)
Operating lease liabilities	$	(2,426)	$	(3,689)

During the year ended June 30, 2025, the Company entered into four significant lease agreements and four significant renewals resulting in noncash operating lease additions of $7.9 million and $14.8 million, respectively, compared to one significant renewal resulting in noncash operating lease additions of $4.0 million during the year ended June 30, 2024.

	June 30, 2025		June 30, 2024
Weighted average remaining lease term (in years)
Operating leases	4.5		5.1
Finance leases	2.0		2.2
Weighted average discount rate
Operating leases	10.4	%	10.5	%
Finance leases	19.3	%	22.3	%

The following table presents the maturities of our lease liabilities as of June 30, 2025:

($000s)	Operating Leases		Finance Leases
Year Ending
2026	$	19,827	$	1,039
2027	19,250		668
2028	18,301		210
2029	16,067		—
2030	6,969		—
Thereafter	6,968		—
Total undiscounted lease payments	87,383		1,917
Less: liability accretion	(19,247)		(298)
Total lease liabilities	$	68,136	$	1,619