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FINANCING ARRANGEMENTS (Tables)
6 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The Company's debt consists of the following:
Six Months Ended December 31, 2025
Fiscal Year
2025
Balance at
December 31, 2025
Balance at
 June 30, 2025
 
 (Average cash interest rate %)(Dollars in thousands)
Term loan (1)8.65%9.14%$116,735 $118,875 
Paid-in-kind interest8,273 5,376 
Deferred financing fees (2)(10,694)(12,174)
Term loan, net114,314 112,077 
Revolving credit facility (1)8.65%9.14%1,030 1,030 
Fair value of warrants issued to lenders(2,025)(2,314)
Total debt, net113,319 110,793 
Less: long-term debt, current portion(2,100)(1,100)
Total long-term debt, net$111,219 $109,693 
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(1)The term loan and revolving credit facility mature on June 24, 2029. The interest rate applicable to any letter of credit is 5.25% and paid currently in cash.
(2)Deferred financing fees, inclusive of $4.3 million of Original Issue Discount fees, are amortized on a straight-line basis over the term of the agreement.