Investments in Nonconsolidated Affiliates (Tables)

12 Months Ended

Jun. 30, 2022

Investments in and Advances to Affiliates [Abstract]

Summarized Financial Information of Equity Method Investees

The Company’s investments in nonconsolidated affiliates which are accounted for under the equity method of accounting and equity investments without readily determinable fair values consisted of the following:

	Ownership Percentage	Investment
June 30, 2022
Equity method investments:
SACO Technologies Inc. (“SACO”)	30%	$	31,448
Others		5,248
Equity investments without readily determinable fair values (a)		7,108
Total investments in nonconsolidated affiliates		$	43,804
June 30, 2021
Equity method investments:
SACO	30%	$	36,265
Others		6,204
Equity investments without readily determinable fair values (a)		6,752
Total investments in nonconsolidated affiliates		$	49,221

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(a)For Fiscal Years 2022 and 2021, the Company did not have any impairment charges or changes in carrying value recorded to its equity securities without readily determinable fair values. For Fiscal Year 2020, the Company recorded an impairment charge of $533.

The cost basis and the carrying fair value of these investments, which are reported under Other assets in the accompanying consolidated balance sheets as of June 30, 2022 and 2021, are as follows:

	Balance as of June 30, 2022
Equity Investment with Readily Determinable Fair Values	Shares Held	Cost Basis		Carrying Value / Fair Value
Townsquare Class A common stock	583	$	4,221	$	4,776
Townsquare Class C common stock	2,625	19,001		21,499
DraftKings Class A common stock	869	6,036		10,146
Total		$	29,258	$	36,421

	Balance as of June 30, 2021
Equity Investment with Readily Determinable Fair Value	Shares Held	Cost Basis		Carrying Value / Fair Value
Townsquare Class A common stock	583	$	4,221	$	7,435
Townsquare Class C common stock	2,625	19,001		33,469
DraftKings Class A common stock	869	6,036		45,360
Total		$	29,258	$	86,264

The following table summarizes the realized and unrealized gains (loss) on equity investments with readily determinable fair value for Fiscal Years 2022, 2021 and 2020:

	June 30,
	2022		2021		2020
Unrealized gain (loss) — Townsquare	$	(14,629)	$	26,563	$	(2,920)
Unrealized gain (loss)— DraftKings	(35,213)		26,942		34,197
Realized gain (loss) — DraftKings	—		(2,327)		6,351
	$	(49,842)	$	51,178	$	37,628
Supplemental information on realized gain (loss):
Shares of common stock sold — DraftKings	—		420		197
Cash proceeds from common stock sold — DraftKings	$	—	$	22,079	$	7,659