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Restructuring
9 Months Ended
Mar. 31, 2025
Restructuring [Abstract]  
Restructuring

5. RESTRUCTURING

On February 5, 2024, the Company announced its plan to close its Dublin, Georgia manufacturing facility. The closure was completed in the fourth quarter fiscal year 2024.

As a result of the closure, the Company incurred cumulative restructuring and related costs of $2.6 million as of March 31, 2024.

The following is a summary of restructuring costs:

 

 

Three Months Ended

 

 

Nine Months Ended

 

(in thousands)

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

One-time employee termination benefits

 

$

 

 

$

2,409

 

 

$

 

 

$

2,409

 

Other associated costs

 

 

 

 

 

218

 

 

 

 

 

 

218

 

Total restructuring and related expenses

 

$

 

 

$

2,627

 

 

$

 

 

$

2,627

 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

$

 

 

$

2,627

 

 

$

 

 

$

2,627

 

One-time employee termination benefits include costs for employee separation benefits.