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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes In Carrying Amount Of Goodwill

The following table provides the changes in the carrying value of goodwill by reportable segment:

 

 

North
America

 

 

International

 

 

Total

 

Balance as of June 30, 2024(1)

 

$

689,468

 

 

$

239,836

 

 

$

929,304

 

Divestiture(2)

 

 

(7,280

)

 

 

 

 

 

(7,280

)

Translation

 

 

514

 

 

 

13,803

 

 

 

14,317

 

Balance as of September 30, 2024

 

$

682,702

 

 

$

253,639

 

 

$

936,341

 

(1)
The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges, of which $7,700 is related to the North America reportable segment and $126,577 is related to the International reportable segment.

(2) During the three months ended September 30, 2024, the Company completed the divestiture of ParmCrisps®, a component of the North America reportable segment. Goodwill of $7,280 was assigned to the divested component on a relative fair value basis.

Schedule of Finite-Lived Intangible Assets

The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:

 

September 30, 2024

 

 

June 30, 2024

 

Non-amortized intangible assets:

 

 

 

 

 

 

Trademarks and tradenames(1)

 

$

201,407

 

 

$

195,237

 

Amortized intangible assets:

 

 

 

 

 

 

Other intangibles

 

 

169,560

 

 

 

167,886

 

Less: Accumulated amortization

 

 

(120,788

)

 

 

(118,324

)

Net amortized intangible assets

 

 

48,772

 

 

 

49,562

 

Net other intangible assets

 

$

250,179

 

 

$

244,799

 

(1) The gross carrying value of trademarks and tradenames is reflected net of $251,551 of accumulated impairment charges as of September 30, 2024 and June 30, 2024.

Schedule of Finite-lived Intangible Assets Amortization Expense

Amortization expense included in the consolidated statements of operations is as follows:

 

Three Months Ended September 30,

 

 

2024

 

 

2023

 

Amortization of acquired intangibles

 

$

2,180

 

 

$

1,955