Other Income, Net

9 Months Ended

Mar. 31, 2024

Other Income and Expenses [Abstract]

Other Income, Net

6. Other Income, Net

Other income, net consisted of the following (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Interest and dividend income	$	2,165	$	3,152	$	7,367	$	7,423
Investment gain (loss)		706		828		1,281		(4,122)
Other income, net	$	2,871	$	3,980	$	8,648	$	3,301

Investment gain (loss) includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations. In addition, investment gain (loss) includes an impairment of $5.0 million in the nine months ended March 31, 2023 on an equity investment with no readily determinable fair value (see Note 16 “Fair Value Measurements” for additional information).