Revenue Recognition

9 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Note 17. Revenue Recognition

The Company’s primary sources of revenue are sales of coffee, tea and culinary products. The Company recognizes revenue when control of the promised good or service is transferred to the customer and in amounts that the Company expects to collect. The timing of revenue recognition takes into consideration the various shipping terms applicable to the Company’s sales.

The Company delivers products to customers through Direct-store-delivery (“DSD”) to the Company’s customers at their place of business and directly from the Company’s warehouse to the customer’s warehouse, facility or address. Each delivery or shipment made to a third party customer is to satisfy a performance obligation. Performance obligations generally occur at a point in time and are satisfied when control of the goods passes to the customer. The Company is entitled to collection of the sales price under normal credit terms in the regions in which it operates.

The Company disaggregates net sales from contracts with customers based on the characteristics of the products sold:

	Three Months Ended March 31,								Nine Months Ended March 31,
	2025				2024				2025				2024
(In thousands)	$		% of total		$		% of total		$		% of total		$		% of total
Net Sales by Product Category:
Coffee (Roasted)	$	39,552	48.2	%	$	39,437	46.2	%	$	121,138	47.1	%	$	119,333	46.5	%
Tea & Other Beverages (1)	22,127		27.0	%	23,213		27.2	%	71,200		27.7	%	67,637		26.3	%
Culinary	14,383		17.5	%	16,176		19.0	%	45,929		17.9	%	49,678		19.4	%
Spices	4,854		5.9	%	5,268		6.2	%	15,296		5.9	%	16,258		6.3	%
Delivery Surcharge	1,138		1.4	%	1,264		1.4	%	3,577		1.4	%	3,792		1.5	%
Net sales	$	82,054	100.0	%	$	85,358	100.0	%	$	257,140	100.0	%	$	256,698	100.0	%

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(1)Includes all beverages other than roasted coffee, including frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee.

The Company does not have any material contract assets and liabilities as of March 31, 2025. Receivables from contracts with customers are included in “Accounts receivable, net” on the Company’s consolidated balance sheets.