Discontinued Operations (Tables)

3 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Consolidated Operations and Cash Flows

The operating results of the divested operations have been reclassified as discontinued operations in the Consolidated Statements of Operations for the quarter ended September 30, 2022, as detailed in the table below:

(In thousands)	Three Months Ended September 30, 2022
Net sales	$	41,554
Cost of goods sold	41,975
Gross (loss) profit	(421)
Selling expenses	1,835
General and administrative expenses	1,259
Operating expense	3,094
Loss from discontinued operations	(3,515)
Other (expense) income:
Interest expense	(2,571)
Other, net	292
Total other (expense)	(2,279)
Loss from discontinued operations before taxes	(5,794)
Income tax benefit	—
Loss from discontinued operations, net of income taxes	$	(5,794)

Applicable Consolidated Statements of Cash Flow information related to the divested operations for the quarter ended September 30, 2022 is detailed in the table below:

(In thousands)	September 30, 2022
Cash Flows from Discontinued Operations
Net cash used in operating activities	$	(7,165)
Net cash used in investing activities	(165)