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FINANCING ARRANGEMENTS (Tables)
9 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The Company's debt consists of the following:
Nine Months Ended March 31, 2026
Fiscal Year
2026
Balance at
March 31, 2026
Balance at
 June 30, 2025
 
 (Average cash interest rate %)(Dollars in thousands)
Term loan (1)8.49%9.14%$116,435 $118,875 
Paid-in-kind interest9,671 5,376 
Deferred financing fees (2)(9,932)(12,174)
Term loan, net116,174 112,077 
Revolving credit facility (1)8.49%9.14%1,030 1,030 
Fair value of warrants issued to lenders(1,880)(2,314)
Total debt, net115,324 110,793 
Less: long-term debt, current portion(2,550)(1,100)
Total long-term debt, net$112,774 $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.