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Assets Held For Sale
 9 Months Ended
Mar. 31, 2025
Assets Held For Sale [Abstract]  
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]

3. ASSETS HELD FOR SALE

The Company completed the sale of an ancillary building at the Huntingburg, Indiana facility in the quarter ended March 31, 2025. The Company received proceeds of $0.8 million and recorded a pre-tax gain of $0.7 million related to the sale.

The Company committed to a plan to sell another ancillary building at the Huntingburg, Indiana facility. As of March 31, 2025, the Company is actively marketing the facility in Huntingburg, Indiana. A summary of the assets held for sale is included in the table below as of March 31, 2025.

 

 

 

 

 

 

 

Accumulated

 

 

Net Book

 

Location

Asset Category

 

Cost

 

 

Depreciation

 

 

Value

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

Huntingburg, Indiana

Building & building improvements

 

$

2,981

 

 

$

(2,615

)

 

$

366

 

Land & land improvements

 

 

25

 

 

 

(25

)

 

 

—

 

Total assets held for sale

 

$

3,006

 

 

$

(2,640

)

 

$

366