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Transformation Program (Tables)
12 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Activity and Liability Balances

The table below sets forth expenses associated with the Restructuring Program for the fiscal years ended June 30, 2025 and 2024 by reportable segment and Corporate and Other.

 

 

 

Fiscal Year Ended June 30,

 

 

2025

 

 

2024

 

North America

 

$

12,019

 

 

$

32,775

 

Corporate and Other

 

 

10,026

 

 

 

20,753

 

International

 

 

3,769

 

 

 

6,720

 

 

 

$

25,814

 

 

$

60,248

 

The following table displays the activities and liability balances relating to the Restructuring Program for the fiscal years ended June 30, 2025 and 2024. 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/ Adjustments2

 

 

Balance at June 30, 2025

 

Employee-related costs

 

$

1,985

 

 

$

8,297

 

 

$

(7,852

)

 

$

 

 

$

2,430

 

Contract termination costs

 

 

347

 

 

 

1,589

 

 

 

(1,669

)

 

 

(59

)

 

 

208

 

Asset write-downs1

 

 

 

 

 

2,685

 

 

 

 

 

 

(2,685

)

 

 

 

Other transformation-related expenses2

 

 

3,988

 

 

 

13,243

 

 

 

(15,651

)

 

 

(1,200

)

 

 

380

 

 

 

$

6,320

 

 

$

25,814

 

 

$

(25,172

)

 

$

(3,944

)

 

$

3,018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2023

 

 

Charges

 

 

Amounts Paid

 

 

Non-cash settlements/ Adjustments2

 

 

Balance at June 30, 2024

 

Employee-related costs3

 

$

 

 

$

7,012

 

 

$

(4,992

)

 

$

(35

)

 

$

1,985

 

Contract termination costs

 

 

 

 

 

5,439

 

 

 

(4,757

)

 

 

(335

)

 

 

347

 

Asset write-downs1

 

 

 

 

 

26,922

 

 

 

 

 

 

(26,922

)

 

 

 

Other transformation-related expenses2

 

 

 

 

 

20,875

 

 

 

(16,887

)

 

 

 

 

 

3,988

 

 

 

$

 

 

$

60,248

 

 

$

(26,636

)

 

$

(27,292

)

 

$

6,320

 

1Represents non-cash asset write-downs including asset impairment and accelerated depreciation.

2Other 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.

3Employee-related costs include $1,130 severance related to executive officer succession.