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Leases
9 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Leases
8.
LEASES

The Company leases office space, warehouse and distribution facilities, manufacturing equipment and vehicles primarily in North America and Western Europe. The Company determines if an arrangement is or contains a lease at inception. At March 31, 2025 and June 30, 2024, right of use assets related to finance leases are included in property, plant and equipment, net on the consolidated balance sheets. Lease liabilities for finance leases are included in the current and non-current portions of long-term debt on the consolidated balance sheets. The current portion of the operating lease liabilities is included in accrued expenses and other current liabilities on the consolidated balance sheets. The Company does not have any related party leases, and sublease transactions are de minimis.

The components of lease expenses for the three and nine months ended March 31, 2025 and 2024 were as follows:

 

Three Months Ended

 

 

Nine Months Ended

 

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

Operating lease expenses

 

$

2,747

 

 

$

4,106

 

 

$

10,793

 

 

$

13,480

 

Finance lease expenses

 

 

34

 

 

 

37

 

 

 

106

 

 

 

111

 

Variable lease expenses

 

 

156

 

 

 

182

 

 

 

506

 

 

 

554

 

Short-term lease expenses

 

 

251

 

 

 

287

 

 

 

1,091

 

 

 

1,100

 

Total lease expenses

 

$

3,188

 

 

$

4,612

 

 

$

12,496

 

 

$

15,245