Fair Value Measurements

12 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 6. Fair Value Measurements

Assets and liabilities measured and recorded at fair value on a recurring basis were as follows: 

(In thousands)	Total	Level 1	Level 2	Level 3
As of June 30, 2024
Derivatives not designated as accounting hedges:
Coffee-related derivative assets (1)	44	—	44	—
Coffee-related derivative liabilities (1)	2,235	—	2,235	—

____________________ 

(1)The Company's coffee-related derivative instruments are traded over-the-counter and, therefore, classified as Level 2.

There were no coffee-related derivative assets or liabilities for the fiscal years ended June 30, 2025. During the fiscal years ended June 30, 2025 and 2024, there were no transfers between the levels. Due to the highly liquid nature, the amount of the Company's other financial instruments represent the approximate fair value.