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Transformation Program - Hain Reimagined (Tables)
9 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Activity and Liability Balances

The table below sets forth expenses associated with the Hain Reimagined Program for the three- and nine-month periods ended March 31, 2025 and March 31, 2024 by reportable segments and Corporate and Other.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2025

 

 

March 31, 2024

 

North America

 

$

3,650

 

 

$

2,007

 

 

$

9,300

 

 

$

30,458

 

Corporate and Other

 

 

2,538

 

 

 

5,799

 

 

 

8,260

 

 

 

16,636

 

International

 

 

1,480

 

 

 

2,051

 

 

 

2,835

 

 

 

3,134

 

 

$

7,668

 

 

$

9,857

 

 

$

20,395

 

 

$

50,228

 

The following table displays the activities and liability balances relating to the Hain Reimagined Program for the nine-month period ended March 31, 2025. The Company expects to pay the remaining accrued restructuring costs during the next 12 months.

 

 

Balance at
June 30,
2024

 

 

Charges

 

 

Amounts
Paid

 

 

Non-cash settlements/
Adjustments

 

 

Balance at
March 31,
2025

 

Employee-related costs

 

$

1,985

 

 

$

6,082

 

 

$

(5,185

)

 

$

 

 

$

2,882

 

Contract termination costs

 

 

347

 

 

 

1,603

 

 

 

(1,269

)

 

 

(59

)

 

 

622

 

Asset write-downs(1)

 

 

 

 

 

2,285

 

 

 

 

 

 

(2,285

)

 

 

 

Other transformation-related expenses(2)

 

 

3,988

 

 

 

10,425

 

 

 

(11,741

)

 

 

(1,200

)

 

 

1,472

 

 

$

6,320

 

 

$

20,395

 

 

$

(18,195

)

 

$

(3,544

)

 

$

4,976

 

(1)
Represents non-cash asset write-downs including asset impairment and accelerated depreciation.
(2)
Other transformation-related expenses primarily include consultancy charges related to reorganization of global functions and related personnel resource requirements, and rationalizing sourcing and supply chain processes.