0000950170-24-100992 | 10-K | XBRL Viewer

Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jun. 30, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

The Hain Celestial Group, Inc. and Subsidiaries

Schedule II - Valuation and Qualifying Accounts


Column A	Column B		Column C		Column D			Column E
			Additions
	Balance at beginning of period		Charged to costs and expenses (ii)		Deductions - describe (i)			Balance at end of period
Fiscal Year Ended June 30, 2024
Allowance for doubtful accounts	$	2,750	$	1,066	$	(2,299	)	$	1,517
Valuation allowance for deferred tax assets	$	52,551	$	18,998	$	(3,923	)	$	67,626
Fiscal Year Ended June 30, 2023
Allowance for doubtful accounts	$	1,731	$	1,450	$	(431	)	$	2,750
Valuation allowance for deferred tax assets	$	36,891	$	23,212	$	(7,552	)	$	52,551
Fiscal Year Ended June 30, 2022
Allowance for doubtful accounts	$	1,314	$	1,292	$	(875	)	$	1,731
Valuation allowance for deferred tax assets	$	37,453	$	784	$	(1,346	)	$	36,891

(i)

Amounts written off and changes in exchange rates.

(ii)

Includes item related to THWR purchase accounting (2024: nil; 2023: $291; 2022: $1,743)

Leases

12 Months Ended

Jun. 30, 2024

Leases [Abstract]

Leases

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. Lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The Company’s lease agreements generally do not contain residual value guarantees or material restrictive covenants. Some of the Company’s leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index changes are recorded as variable lease expense in the period incurred. The Company does not have any related party leases, and sublease transactions are de minimis.

The components of lease expenses for the fiscal years ended June 30, 2024, 2023 and 2022 were as follows:


	Fiscal Year Ended
	2024		2023		2022
Operating lease expenses	$	17,446	$	18,173	$	15,911
Finance lease expenses		147		227		251
Variable lease expenses		723		740		1,010
Short-term lease expenses		1,565		2,003		3,394
Total lease expenses	$	19,881	$	21,143	$	20,566

Supplemental balance sheet information related to leases is as follows:


Leases	Classification	Fiscal Year Ended June 30,
		2024		2023
Assets
Operating lease ROU assets	Operating lease right-of-use assets, net	$	86,634	$	95,894
Finance lease ROU assets, net	Property, plant and equipment, net		206		289
Total leased assets		$	86,840	$	96,183

Liabilities
Current
Operating	Accrued expenses and other current liabilities	$	10,759	$	10,489
Finance	Current portion of long-term debt		85		83
Non-current
Operating	Operating lease liabilities, noncurrent portion		80,863		90,014
Finance	Long-term debt, less current portion		137		222
Total lease liabilities		$	91,844	$	100,808

Additional information related to leases is as follows:


	Fiscal Year Ended June 30,
	2024			2023			2022
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	16,529		$	16,446		$	15,462
Operating cash flows from finance leases	$	12		$	16		$	20
Financing cash flows from finance leases	$	81		$	161		$	226
ROU assets obtained in exchange for lease obligations:
Operating leases(1)(2)	$	4,243		$	(2,627	)	$	39,435
Finance leases	$	35		$	118		$	116
Weighted average remaining lease term:
Operating leases	8.8 years			10.4 years			9.3 years
Finance leases	3.0 years			3.9 years			4.1 years
Weighted average discount rate:
Operating leases		5.0	%		4.8	%		3.9	%
Finance leases		4.6	%		4.7	%		4.1	%

(1) Includes adjustment for remeasurement of an operating lease during fiscal year ended June 30, 2024, which resulted in a net reduction of an ROU asset and a corresponding reduction in lease liability of $9,375.

(2) Includes adjustment for modification of an operating lease for the fiscal year ended June 30, 2023, which resulted in a reduction of ROU assets and lease liabilities of $13,876 and $17,244, respectively, and recognition of a gain of $3,368 related to the modification.

Maturities of lease liabilities as of June 30, 2024 were as follows:


Fiscal Year	Operating leases		Finance leases		Total
2025	$	14,680	$	93	$	14,773
2026		14,617		68		14,685
2027		13,599		53		13,652
2028		13,253		25		13,278
2029		11,990		—		11,990
Thereafter		45,740		—		45,740
Total lease payments		113,879		239		114,118
Less: Imputed interest		22,257		17		22,274
Total lease liabilities	$	91,622	$	222	$	91,844

Stock-Based Compensation and Incentive Performance Plans (Tables)

12 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of All Stock-Based Award Activity

A summary of all stock-based award activity for the last three fiscal years ended June 30 is as follows:


	2024					2023					2022
	Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)		Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)		Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)
Non-vested at beginning of period - RSUs and PSUs		1,288		$	26.37		790		$	42.44		1,780		$	16.55
Granted		1,768		$	11.83		1,242		$	20.34		873		$	43.55
Vested		(528	)	$	27.38		(250	)	$	36.23		(1,583	)	$	15.61
Forfeited		(363	)	$	19.13		(494	)	$	31.92		(280	)	$	32.98
Non-vested at end of period - RSUs and PSUs		2,165		$	15.03		1,288		$	26.37		790		$	42.44

Schedule of Restricted Stock Grant Information

The fair value of RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting, for the last three fiscal years ended June 30 was as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Fair value of RSUs and PSUs granted	$	20,726	$	25,258	$	38,005
Fair value of RSUs and PSUs vested	$	5,545	$	4,684	$	71,376
Tax benefit recognized from RSUs and PSUs vesting	$	673	$	631	$	3,658

Schedule of Average Assumptions

Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2024
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	12.23		$	15.42
Risk-free interest rate		4.98	%		4.98	%
Expected dividend yield		—			—
Expected volatility		33.70	%		23.10	%
Expected term	3.00 years			3.00 years

Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2023
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	20.18		$	27.47
Risk-free interest rate		3.54	%		3.54	%
Expected dividend yield		—			—
Expected volatility		40.30	%		26.60	%
Expected term	3.00 years			3.00 years

Grant date fair values are calculated using a Monte Carlo simulation model with weighted average grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2022
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	39.00		$	60.09
Risk-free interest rate		0.89	%		0.89	%
Expected dividend yield		—			—
Expected volatility		36.93	%		24.46	%
Expected term	2.99 years			2.99 years

The weighted average grant date fair values per target share and related valuation assumptions were as follows:


	Fiscal Year ended June 30,
	2021			2020
Grant date fair value (per target share)	$	32.13		$	10.92
Risk-free interest rate		0.13	%		1.54	%
Expected dividend yield		—			—
Expected volatility		40.37	%		36.28	%
Expected term	1.17 years			1.85 years

The grant date fair value per target share and related valuation assumptions used in the Monte Carlo simulation to value this award were as follows:


Grant date fair value (per target share)	$	21.63
Risk-free interest rate		2.99	%
Expected dividend yield		—
Expected volatility		35.17	%
Expected term	3.00 years

Schedule of Compensation Cost and Related Income Tax Benefits Recognized

Compensation cost and related income tax benefits recognized on the consolidated statements of operations for stock-based compensation plans were as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Selling, general and administrative expense	$	12,704	$	14,423	$	15,611
Related income tax benefit	$	1,409	$	1,734	$	1,574

Schedule of Fair Value Assumptions

Grant date fair values were calculated using a Monte-Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	13.84		$	19.54
Risk-free interest rate		4.28	%		4.28	%
Expected dividend yield		—			—
Expected volatility		40.70	%		28.20	%
Expected term	3.00 years			3.00 years

Transformation Program Hain Reimagined - Additional Information (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges recorded in productivity and transformation costs	$ 27,741
Restructuring charges recorded in intangibles and long lived asset impairment.	24,782
Restructuring charges recorded in cost of sales	$ 7,725
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]	Non-cash impairment charge, Cost of Goods and Services Sold, Property Plant And Equipment, Removal Of Machinery Expense

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Common stock, par value (USD per share)	$ 0.01	$ 0.01	$ 0.01

Income Taxes - Summary of Components of (loss) Income Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Domestic	$ (148,014)	$ (183,601)	$ 24,541
Foreign	67,733	54,020	78,950
(Loss) income before income taxes and equity in net loss of equity-method investees	$ (80,281)	$ (129,581)	$ 103,491

- Definition

Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.

+ References + Details

Segment Information - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Net sales	$ 1,736,286	$ 1,796,643	$ 1,891,793
Adjusted EBITDA	154,522	166,622	200,616
Depreciation and amortization	(44,665)	(50,777)	(46,849)
Equity in net loss of equity-method investees	(2,581)	(1,134)	(2,902)
Interest expense, net	(54,232)	(43,936)	(10,226)
Benefit (provision) for income taxes	7,820	14,178	(22,716)
Stock-based compensation, net	(12,704)	(14,423)	(15,611)
Unrealized currency (losses) gains	(17)	(929)	2,259
Certain litigation expenses, net	(7,262)	1,369	(7,687)
Restructuring activities
Restructuring activities	(60,248)
Acquisitions, divestitures and other
Transaction and integration costs, net	34	(2,018)	(14,055)
(Loss) gain on sale of assets	(4,384)	3,529	9,049
Impairment charges
Intangibles and long-lived asset impairment	(76,143)	(175,501)	(1,903)
Other	(1,443)	0	351
Net (loss) income	(75,042)	(116,537)	77,873
Productivity and transformation costs
Restructuring activities
Restructuring activities	(27,741)	(7,284)	(8,803)
Plant closure related costs, net
Restructuring activities
Restructuring activities	(5,251)	(94)	(929)
Warehouse/manufacturing consolidation and other costs, net
Restructuring activities
Restructuring activities	(995)	(1,026)	(2,721)
CEO succession
Restructuring activities
Restructuring activities	0	(5,113)	0
North America
Impairment charges
Intangibles and long-lived asset impairment	(244)	(584)
International
Impairment charges
Intangibles and long-lived asset impairment	(2,763)
Operating Segments
Segment Reporting Information [Line Items]
Net sales	1,736,286	1,796,643	1,891,793
Adjusted EBITDA	193,702	206,388	232,308
Operating Segments \| North America
Segment Reporting Information [Line Items]
Net sales	1,055,527	1,139,162	1,163,132
Adjusted EBITDA	98,728	123,443	122,235
Operating Segments \| International
Segment Reporting Information [Line Items]
Net sales	680,759	657,481	728,661
Adjusted EBITDA	94,974	82,945	110,073
Corporate and Other
Segment Reporting Information [Line Items]
Adjusted EBITDA	(39,180)	$ (39,766)	$ (31,692)
Restructuring activities
Restructuring activities	$ (20,753)

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Payables and Accruals [Abstract]
Payroll, employee benefits and other administrative accruals	$ 43,408	$ 49,564
Selling and marketing related accruals	11,485	9,569
Short-term operating lease liabilities	10,759	10,489
Other accruals	10,697	8,847
Facility, freight and warehousing accruals	9,365	10,051
Accrued expenses and other current liabilities	$ 85,714	$ 88,520

Related Party Transactions

12 Months Ended

Jun. 30, 2024

Related Party Transactions

21.

RELATED PARTY TRANSACTIONS

On November 9, 2021, the Company entered into a share repurchase agreement with the Selling Stockholders, which are affiliates of Engaged Capital, LLC, pursuant to which the Company agreed to repurchase, directly from the Selling Stockholders, 1,700 shares of the Company’s common stock for $45.00 per share (the “Share Repurchase”), which equaled the price at which the Underwriter (as defined below) purchased shares from the Selling Stockholders, net of underwriting commissions and discounts, in an underwritten public offering that launched on November 10, 2021, whereby the Selling Stockholders sold certain other shares of common stock (the “Offering”). The last reported sale price of the Company’s common stock on the NASDAQ Global Select Market on November 9, 2021 was $47.95 per share. In connection with the Offering, on November 10, 2021, the Company entered into an underwriting agreement with Morgan Stanley & Co. LLC, as underwriter (the “Underwriter”), and the Selling Stockholders. The Share Repurchase and the Offering were completed on November 15, 2021. The aggregate price paid by the Company for the Share Repurchase was $76,500, which the Company funded with borrowings under the Credit Agreement. The Company did not receive any proceeds from the Offering. The Founder and Chief Investment Officer of Engaged Capital, LLC was a member of the Company's Board of Directors at the time of the Share Repurchase and the Offering.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

Derivatives and Hedging Activities - Schedule of Pre-Tax Effect of Derivative Financial Instruments (Details) - Reclassification out of Accumulated Other Comprehensive Income - Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Interest Rate Swap \| Cost of sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	$ 0	$ 0	$ 0
Interest Rate Swap \| Interest and other financing expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	9,348	6,918	27
Interest Rate Swap \| Other expense (income), net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	0	0	0
Cross-currency swaps \| Cost of sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	0	0	0
Cross-currency swaps \| Interest and other financing expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	0	(275)	78
Cross-currency swaps \| Other expense (income), net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	0	0	3,218
Foreign currency forward contracts \| Cost of sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	0	0	108
Foreign currency forward contracts \| Interest and other financing expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	9	0	0
Foreign currency forward contracts \| Other expense (income), net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of loss (gain) reclassified from AOCL into (expense) income	$ 0	$ 0	$ 0

Transformation Program Hain Reimagined (Tables)

12 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

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


	Fiscal Year Ended June 30, 2024
North America	$	32,775
Corporate and Other		20,753
International		6,720
	$	60,248

The following table displays the activities and liability balances relating to the Hain Reimagined Program for the period ended as of June 30, 2024. The Company expects to pay the remaining accrued restructuring costs during the next 12 months.


	Charges		Amounts Paid			Non-cash settlements/ Adjustments2			Balance at June 30, 2024
Employee-related costs1	$	7,012	$	(4,992	)	$	(35	)	$	1,985
Contract termination costs		5,439		(4,757	)		(335	)		347
Asset write-downs2		26,922		—			(26,922	)		—
Other transformation-related expenses3		20,875		(16,887	)		—			3,988
	$	60,248	$	(26,636	)	$	(27,292	)	$	6,320

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

2Represents non-cash asset write-downs including asset impairment and accelerated depreciation.

3Other 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.

Stock-based Compensation and Incentive Performance Plans

12 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Stock-based Compensation and Incentive Performance Plans

13.

STOCK-BASED COMPENSATION AND INCENTIVE PERFORMANCE PLANS

The Company maintains a shareholder-approved plan, The Hain Celestial Group, Inc. 2022 Long Term Incentive and Stock Award Plan (the “2022 Plan”), which was approved at the Company’s 2022 Annual Meeting of Shareholders held on November 17, 2022. The 2022 Plan permits the Company to continue making equity-based and other incentive awards in a manner intended to properly incentivize its employees, directors, consultants and other service providers by aligning their interests with the interests of the Company’s shareholders. The 2022 Plan is administered by the Compensation and Talent Management Committee of the Company’s Board of Directors. The Company also historically granted shares under its Amended and Restated 2002 Long-Term Incentive and Stock Award Plan (the “2002 Plan”) and its 2019 Equity Inducement Award Program (the “2019 Inducement Program”). The 2022 Plan, the 2002 Plan and the 2019 Inducement Program are collectively referred to as the “Stock Award Plans”.

There were 1,767, 1,242, and 873 shares underlying awards granted under the Stock Award Plans during fiscal years 2024, 2023 and 2022, respectively, of which 618, 428, and 249, respectively, were performance share units (“PSU”) that are subject to the achievement of minimum market conditions or performance goals, with the remaining being restricted share units (“RSU”), which are service-based awards. RSU awards to employees generally provide for vesting in equal annual installments over a period of three years, with different vesting periods in certain cases. RSU awards to non-employee directors generally provide for a vesting period of one year. For PSU awards, the foregoing share figures are stated at target levels, and the awards outstanding at June 30, 2024 generally provide for vesting at 0% to 200% of the target level. There were no stock options granted under the Stock Award Plans during fiscal years 2024, 2023 and 2022. At June 30, 2024, there were 5,406 shares available for grant under the 2022 Plan.

Stock-Based Award Activity During Past Three Years

Awards of RSUs and PSUs are issued at no cost to the recipient. Shares underlying RSUs and PSUs are not issued until vesting. Vesting of RSUs and PSUs is subject to continued employment and vesting conditions in accordance with provisions set forth in the applicable award agreements. Market-based PSUs vest contingent on meeting specific Total Shareholder Return (“TSR”) targets over a specified time period, and in prior years, the Company also granted performance-based PSUs that vested contingent on meeting specific financial results within a specified time period.

A summary of all stock-based award activity for the last three fiscal years ended June 30 is as follows:


	2024					2023					2022
	Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)		Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)		Number of Shares and Units			Weighted Average Grant Date Fair Value (per share)
Non-vested at beginning of period - RSUs and PSUs		1,288		$	26.37		790		$	42.44		1,780		$	16.55
Granted		1,768		$	11.83		1,242		$	20.34		873		$	43.55
Vested		(528	)	$	27.38		(250	)	$	36.23		(1,583	)	$	15.61
Forfeited		(363	)	$	19.13		(494	)	$	31.92		(280	)	$	32.98
Non-vested at end of period - RSUs and PSUs		2,165		$	15.03		1,288		$	26.37		790		$	42.44

At June 30, 2024, the non-vested amount in the table above includes a total of 849 shares that represent the target number of shares that may be earned under PSUs based on pre-defined market conditions that are eligible to vest ranging from 0% to 200% of target while the remaining shares represent the shares that may be earned under RSUs based on service-based conditions. Vested shares during the year ended June 30, 2024, include a total of 512 shares under various LTIPs and a total of 15 shares that vested based on certain performance-based metrics being met.

The fair value of RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting, for the last three fiscal years ended June 30 was as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Fair value of RSUs and PSUs granted	$	20,726	$	25,258	$	38,005
Fair value of RSUs and PSUs vested	$	5,545	$	4,684	$	71,376
Tax benefit recognized from RSUs and PSUs vesting	$	673	$	631	$	3,658

At June 30, 2024, $19,400 of unrecognized stock-based compensation expense related to non-vested RSUs and PSUs was expected to be recognized over a weighted average period of approximately 1.46 years.

Long-Term Incentive Program

In conjunction with the Stock Award Plans, the Company maintains a long-term incentive program (“LTIP”) that provides for equity awards, including market-based PSUs that can be earned over defined performance periods. The participants of the LTIP include certain of the Company’s executive officers and other key executives. The LTIP is administered by the Compensation and Talent Management Committee, which is responsible for, among other items, selecting the specific performance measures for awards, setting the target performance required to receive an award after the completion of the performance period, and determining the specific payout to the participants.

For RSUs, the Company uses the fair market value of the Company’s common stock on the grant date to measure fair value for service-based awards and for market-based PSUs, the Company uses a Monte Carlo simulation model to determine the fair value of those awards granted under the LTIP. The fair value of RSUs and PSUs is then used to record stock-based compensation expense. The use of the Monte Carlo simulation model requires the Company to make estimates and assumptions and therefore, the Company has included additional information regarding the terms of the PSUs granted and the inputs into the Monte Carlo simulation model below.

2024-2026 LTIP

During the fiscal year ended June 30, 2024, the Company granted market-based PSU awards under the LTIP with a total target payout of 618 shares of common stock. At June 30, 2024, there were 556 such shares outstanding under the LTIP. Such PSU awards will vest, if at all, pursuant to a defined calculation of either relative TSR or absolute TSR (as defined) over the period from October 26, 2023 through the earlier of: (i) October 25, 2026; (ii) the date the participant’s employment is terminated due to death or Disability (as defined); or (iii) the effective date of a Change in Control (as defined) (the “2024 TSR Performance Period”). Vesting of 370 target shares of the outstanding PSU awards is pursuant to a defined calculation of relative TSR over the 2024 TSR Performance Period (the “2024 Relative TSR PSUs”). Vesting of 185 target shares of the outstanding PSU awards is pursuant to the achievement of pre-established three-year compound annual TSR targets over the 2024 TSR Performance Period (the “2024 Absolute TSR PSUs”). Total shares eligible to vest for both the 2024 Relative TSR PSUs and 2024 Absolute TSR PSUs range from zero to 200% of the target amount. Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2024
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	12.23		$	15.42
Risk-free interest rate		4.98	%		4.98	%
Expected dividend yield		—			—
Expected volatility		33.70	%		23.10	%
Expected term	3.00 years			3.00 years

2023-2025 LTIP

During the fiscal year ended June 30, 2023, the Company granted market-based PSU awards under the LTIP with a total target payout of 429 shares of common stock. At June 30, 2024, 249 of such shares were outstanding. Such PSU awards will vest, if at all, pursuant to a defined calculation of either relative TSR or absolute TSR (as defined) over the period from September 6, 2022 through the earlier of: (i) September 6, 2025; (ii) the date the participant’s employment is terminated due to death or Disability (as defined); or (iii) the effective date of a Change in Control (as defined) (the “2023 TSR Performance Period”). Vesting of 167 target shares of the outstanding PSU awards is pursuant to a defined calculation of relative TSR over the 2023 TSR Performance Period (the “2023 Relative TSR PSUs”). Vesting of 82 target shares of the outstanding PSU awards is pursuant to the achievement of pre-established three-year compound annual TSR targets over the 2023 TSR Performance Period (the “2023 Absolute TSR PSUs”). Total shares eligible to vest for both the 2023 Relative TSR PSUs and 2023 Absolute TSR PSUs range from zero to 200% of the target amount. Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2023
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	20.18		$	27.47
Risk-free interest rate		3.54	%		3.54	%
Expected dividend yield		—			—
Expected volatility		40.30	%		26.60	%
Expected term	3.00 years			3.00 years

2022-2024 LTIP

During the fiscal year ended June 30, 2022, the Company granted market-based PSU awards under the LTIP with a total target payout of 193 shares of common stock. At June 30, 2024, 44 of such shares were outstanding. Vesting is pursuant to a defined calculation of either relative TSR or absolute TSR (as defined in the award agreement) over the period from November 18, 2021 through the earlier of: (i) November 17, 2024; (ii) the date the participant’s employment is terminated due to death or Disability (as defined); or (iii) the effective date of a Change in Control (as defined in the award agreement) (the “2022 TSR Performance Period”). Vesting of 29 target shares of the outstanding PSU awards is pursuant to a defined calculation of relative TSR over the 2022 TSR Performance Period (the “2022 Relative TSR PSUs”). Vesting of 15 target shares of the outstanding PSU awards is pursuant to the achievement of pre-established three-year compound annual TSR targets over the 2022 TSR Performance Period (the “2022 Absolute TSR PSUs”). Total shares eligible to vest for both the 2022 Relative TSR PSUs and 2022 Absolute TSR PSUs range from 0% to 200% of the target amount.

Grant date fair values are calculated using a Monte Carlo simulation model with weighted average grant date fair values per target share and related valuation assumptions as follows:


	Fiscal Year ended June 30, 2022
	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	39.00		$	60.09
Risk-free interest rate		0.89	%		0.89	%
Expected dividend yield		—			—
Expected volatility		36.93	%		24.46	%
Expected term	2.99 years			2.99 years

2019-2021 LTIP

Vesting was pursuant to the achievement of pre-established three-year compound annual TSR targets over the period from November 6, 2018 to November 6, 2021 with total shares eligible to vest ranging from 0% to 300% of the target award amount. Certain shares were subject to a holding period of one year after the vesting date, resulting in an illiquidity discount being applied to the grant date fair value for such shares. There were 51 and 554 PSUs granted during fiscal years 2021 and 2020, respectively. No such awards under the 2019-2021 LTIP were granted after fiscal year 2021. Grant date fair values are calculated using a Monte Carlo simulation model. The weighted average grant date fair values per target share and related valuation assumptions were as follows:


	Fiscal Year ended June 30,
	2021			2020
Grant date fair value (per target share)	$	32.13		$	10.92
Risk-free interest rate		0.13	%		1.54	%
Expected dividend yield		—			—
Expected volatility		40.37	%		36.28	%
Expected term	1.17 years			1.85 years

In the second quarter of fiscal 2022, the Compensation and Talent Management Committee determined that all outstanding awards under the 2019-2021 LTIP vested at 100% as a result of the TSR targets having been met.

Former CEO Inducement Grant

On November 6, 2018, the Company’s former CEO, Mark L. Schiller received a market-based PSU award with a target payout of 350 shares of common stock and a maximum payout of 1,050 shares of common stock (the “CEO Inducement Grant”). Vesting was pursuant to the achievement of pre-established three-year compound annual TSR levels over the period from November 6, 2018 to November 6, 2021. These PSUs were subject to a holding period of one year after the vesting date. As such, an illiquidity discount was applied to the grant date fair value. The grant date fair value per target share and related valuation assumptions used in the Monte Carlo simulation to value this award were as follows:


Grant date fair value (per target share)	$	21.63
Risk-free interest rate		2.99	%
Expected dividend yield		—
Expected volatility		35.17	%
Expected term	3.00 years

The total grant date fair value of the award was $7,571. This PSU award was granted outside of the Stock Award Plans. In the second quarter of fiscal 2022, the Compensation and Talent Management Committee determined that the CEO Inducement Grant vested at 100% as a result of the TSR targets having been met.

CEO Succession

On November 22, 2022, the Board approved a succession plan pursuant to which Mark L. Schiller transitioned from his position as President and Chief Executive Officer of the Company effective as of December 31, 2022 (the “Transition Date”). As of the Transition Date, certain of Mr. Schiller's stock-based compensation awards were modified and others were forfeited. Additionally, Mr. Schiller received severance totaling $4,725, paid in installments over a two-year period following the Transition Date. Severance, including payroll taxes and other costs, was recognized during fiscal year 2023.

On November 22, 2022, the Board appointed Wendy P. Davidson to the role of President and Chief Executive Officer and as a director on the Board, in each case effective as of January 1, 2023 (the “Start Date”).

On the Start Date, Ms. Davidson received the following awards under the 2023 - 2025 LTIP: 36 Relative TSR PSUs (at target), 18 Absolute TSR PSUs (at target) and 36 RSUs. The Relative TSR PSUs and Absolute TSR PSUs have the same TSR Performance Period, performance goals and beginning stock price as those applicable to awards granted to other employees under the 2023 - 2025 LTIP. The RSUs vest in one-third (1/3) installments on each of September 6, 2023, 2024 and 2025. Additionally, in recognition of the compensation Ms. Davidson forfeited by leaving her former employer, on the Start Date, Ms. Davidson also received a one-time make-whole RSU award of 95 RSUs that vest in one-third (1/3) installments on each of the first, second and third anniversaries of the Start Date.

Grant date fair values were calculated using a Monte-Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:


	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	13.84		$	19.54
Risk-free interest rate		4.28	%		4.28	%
Expected dividend yield		—			—
Expected volatility		40.70	%		28.20	%
Expected term	3.00 years			3.00 years

Summary of Stock-Based Compensation

Compensation cost and related income tax benefits recognized on the consolidated statements of operations for stock-based compensation plans were as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Selling, general and administrative expense	$	12,704	$	14,423	$	15,611
Related income tax benefit	$	1,409	$	1,734	$	1,574

Stock Options

The Company did not grant any stock options in fiscal years 2024, 2023 or 2022, and there were no stock options exercised during these periods. There were 122 stock options outstanding at each of June 30, 2024, 2023 and 2022, relating to a grant under a prior plan. Although no further awards can be granted under the prior plan, the stock options outstanding continue in accordance with the terms of the plan and grant. For stock options outstanding and exercisable at June 30, 2024, the aggregate intrinsic value (the difference between the closing stock price on the last day of trading in the year and the exercise price) was $567, and the weighted average remaining contractual life was 7.0 years. The weighted average exercise price of these stock options was $2.26. At June 30, 2024, there was no unrecognized compensation expense related to stock option awards.

Schedule II - Valuation and Qualifying Accounts (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Charged to costs and expenses	$ 15,075	$ 14,935
THWR Purchase Accounting
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Charged to costs and expenses	$ 0	$ 291	$ 1,743

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 09
-Paragraph Column E
-Publisher SEC

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 09
-Paragraph Column D
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 09
-Paragraph Column C
-Subparagraph (1)
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 09
-Paragraph Column C
-Subparagraph (2)
-Publisher SEC

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 09
-Paragraph Column B
-Publisher SEC

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09(Column C)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09(Column C)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09(Column B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09(Column E))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09(Column D))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-4

+ Details

Derivatives and Hedging Activities - Schedule of Cash Flow Hedges and Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	$ 7,350	$ 20,493	$ 4,377
Interest and other financing expense, net / Other expense (income), net	(4,120)	1,822	11,380
Cost of sales	1,355,454	1,400,229	1,464,352
Reclassification out of Accumulated Other Comprehensive Income \| Deferred Gains on Cash Flow Hedging Instruments, Net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Reclassified from AOCL into Income (Expense)	9,357	6,643	3,431
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	7,300	20,413	1,341
Interest Rate Swap \| Reclassification out of Accumulated Other Comprehensive Income \| Deferred Gains on Cash Flow Hedging Instruments, Net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest and other financing expense, net	9,348	6,918	27
Cross-currency swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	0	0	3,129
Cross-currency swaps \| Reclassification out of Accumulated Other Comprehensive Income \| Deferred Gains on Cash Flow Hedging Instruments, Net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest and other financing expense, net / Other expense (income), net	0	(275)	3,296
Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	50	80	(93)
Foreign currency forward contracts \| Reclassification out of Accumulated Other Comprehensive Income \| Deferred Gains on Cash Flow Hedging Instruments, Net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cost of sales	$ 9	$ 0	$ 108

Investments

12 Months Ended

Jun. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Investments

14.

INVESTMENTS

On October 27, 2015, the Company acquired a minority equity interest in Chop’t Creative Salad Company LLC, predecessor to Founders Table Restaurant Group, LLC (“Founders Table”). Founders Table owns and operates the fast-casual restaurant chains Chop’t Creative Salad Co. and Dos Toros Taqueria. The investment is being accounted for as an equity method investment due to the Company’s representation on the Board of Directors of Founders Table. At June 30, 2024 and June 30, 2023, the carrying amount of the Company’s investment in Founders Table was $5,942 and $8,032, respectively, and is included in the consolidated balance sheets as a component of Investments and joint ventures.

The Company also holds an investment in Hutchison Hain Organic Holdings Limited, a joint venture with HUTCHMED (China) Limited, accounted for under the equity method of accounting. The carrying amount of the remaining investments was $4,286 and $4,766 as of June 30, 2024 and June 30, 2023, respectively, and is included in the consolidated balance sheets as a component of Investments and joint ventures.

Inventories (Tables)

12 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Components of Inventories

Inventories consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Finished goods	$	178,150	$	192,007
Raw materials, work-in-progress and packaging		95,978		118,334
	$	274,128	$	310,341

Derivatives and Hedging Activities - Additional Information (Details)	12 Months Ended
	Jun. 30, 2025 USD ($)	Jun. 30, 2024 ForeignCurrencyDerivative
Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign currency derivatives \| ForeignCurrencyDerivative		0
Interest Rate Swap \| Forecast
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Other comprehensive income (loss), cash flow hedge, reclassification	$ 7,476,000
Cross Currency Swap \| Forecast \| Fair Value Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Other comprehensive income (loss), cash flow hedge, reclassification	476,000
Cross Currency Swap \| Forecast \| Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest expense	$ 0

- Definition

Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense.

+ References + Details

Income Taxes - Summary of Changes in Valuation Allowances (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Valuation Allowance [Roll Forward]
Balance at beginning of year	$ 52,551	$ 36,891
Charged to costs and expenses	15,075	14,935
Balance at end of year	67,626	52,551	$ 36,891
Additions charged to income tax expense
Valuation Allowance [Roll Forward]
Charged to costs and expenses	18,998	23,212
Reductions credited to income tax expense
Valuation Allowance [Roll Forward]
Charged to costs and expenses	(3,858)	(8,514)
THWR Purchase Accounting
Valuation Allowance [Roll Forward]
Charged to costs and expenses	0	291	$ 1,743
Currency translation adjustments
Valuation Allowance [Roll Forward]
Charged to costs and expenses	$ (65)	$ 671

Debt and Borrowings (Tables)

12 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Summary of Debt and Borrowings

Debt and borrowings consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023
Revolving credit facility	$	475,000		$	541,000
Term loans		270,550			288,750
Less: Unamortized issuance costs		(1,680	)		(1,307	)
Other borrowings(1)		222			305
		744,092			828,748
Short-term borrowings and current portion of long-term debt(2)		7,569			7,567
Long-term debt, less current portion	$	736,523		$	821,181

(1)

Includes $222 (2023: $305) of finance lease obligations as discussed in Note 7, Leases.

(2)

Includes $85 (2023: $83) of short-term finance lease obligations as discussed in Note 7, Leases.

Summary of Maturities of Debt Instruments

Maturities of all debt instruments, excluding unamortized issuance costs, at June 30, 2024, are as follows:


Due in Fiscal Year	Amount
2025	$	7,585
2026		7,563
2027		730,624
Total debt and borrowings	$	745,772

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477734/942-470-50-3

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-6

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive (Loss) Income
Beginning balance (in shares) at Jun. 30, 2021		109,507,000
Beginning balance at Jun. 30, 2021	$ 1,522,886	$ 1,096	$ 1,187,530	$ 691,225	$ (283,957)	$ (73,008)
Beginning balance (shares) at Jun. 30, 2021					10,438,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	77,873			77,873
Other comprehensive income (loss)	(91,474)					(91,474)
Issuance of common stock pursuant to stock-based compensation plans (in shares)		1,583,000
Issuance of common stock pursuant to stock-based compensation plans	0	$ 15	(15)
Employee shares withheld for taxes (in shares)					724,000
Employee shares withheld for taxes	(32,663)				$ (32,663)
Repurchases of common stock (in shares)					10,626,000
Repurchases of common stock	(409,065)				$ (409,065)
Stock-based compensation expense	15,611		15,611
Ending balance (in shares) at Jun. 30, 2022		111,090,000
Ending balance at Jun. 30, 2022	1,083,168	$ 1,111	1,203,126	769,098	$ (725,685)	(164,482)
Ending balance (shares) at Jun. 30, 2022					21,788,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	(116,537)			(116,537)
Other comprehensive income (loss)	38,266					38,266
Issuance of common stock pursuant to stock-based compensation plans (in shares)		249,000
Issuance of common stock pursuant to stock-based compensation plans	2	$ 2	(0)
Employee shares withheld for taxes (in shares)					76,000
Employee shares withheld for taxes	(1,415)				$ (1,415)
Repurchases of common stock	0
Stock-based compensation expense	$ 14,423		14,423
Ending balance (in shares) at Jun. 30, 2023	89,475,000	111,339,000
Ending balance at Jun. 30, 2023	$ 1,017,907	$ 1,113	1,217,549	652,561	$ (727,100)	(126,216)
Ending balance (shares) at Jun. 30, 2023	21,864,000				21,864,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	$ (75,042)			(75,042)
Other comprehensive income (loss)	(11,029)					(11,029)
Issuance of common stock pursuant to stock-based compensation plans (in shares)		528,000
Issuance of common stock pursuant to stock-based compensation plans	6	$ 6	0
Employee shares withheld for taxes (in shares)					157,000
Employee shares withheld for taxes	(1,633)				$ (1,633)
Stock-based compensation expense	$ 12,704		12,704
Ending balance (in shares) at Jun. 30, 2024	89,846,000	111,867,000
Ending balance at Jun. 30, 2024	$ 942,913	$ 1,119	$ 1,230,253	$ 577,519	$ (728,733)	$ (137,245)
Ending balance (shares) at Jun. 30, 2024	22,021,000				22,021,000

Defined Contribution Plans

12 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Defined Contribution Plans

19.

DEFINED CONTRIBUTION PLANS

The Company has a 401(k) Employee Retirement Plan (the “Plan”) to provide retirement benefits for eligible employees. All full-time employees of the Company and its wholly-owned domestic subsidiaries are eligible to participate upon completion of 30 days of service. On an annual basis, the Company may, in its sole discretion, make certain matching contributions. For the fiscal years ended June 30, 2024, 2023 and 2022, the Company made contributions to the Plan of $2,560, $2,307 and $2,091, respectively, and recorded retirement plan expense in the amount of $2,675, $2,457 and $2,141, respectively. In addition, while certain of the Company’s international subsidiaries maintain separate defined contribution plans for their employees, except for the U.K., the amounts are not significant to the Company’s consolidated financial statements.

Certain U.K. subsidiaries offer an auto-enrollment defined contribution plan to all employees. Employees must be aged 22 or over but under the State Pension age and have earned over £10. Employees outside of these criteria have the option to opt-in. Employees must contribute a minimum percentage to the plan and the U.K. subsidiaries make matching contributions. For the fiscal years ended June 30, 2024, 2023 and 2022, there were contributions and retirement plan expense recorded in the amount of $2,421, $2,096 and $2,379, respectively.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

+ Details

Fair Value Measurements (Tables)

12 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents by level within the fair value hierarchy, assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:


	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Derivative financial instruments	$	14,982	$	—	$	14,982	$	—
Liabilities:
Derivative financial instruments	$	3,333	$	—	$	3,333	$	—

The following table presents by level within the fair value hierarchy, assets and liabilities measured at fair value on a recurring basis as of June 30, 2023:


	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Derivative financial instruments	$	16,988	$	—	$	16,988	$	—
Liabilities:
Derivative financial instruments	$	3,160	$	—	$	3,160	$	—

Segment Information - Schedule of Long Lived Assets, by Geographic Region (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived assets	$ 348,364	$ 392,219
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived assets	137,398	162,798
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived assets	125,945	134,908
Western Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived assets	66,785	72,016
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived assets	$ 18,236	$ 22,497

Leases (Tables)

12 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Lease Expenses and Other Information

The components of lease expenses for the fiscal years ended June 30, 2024, 2023 and 2022 were as follows:


	Fiscal Year Ended
	2024		2023		2022
Operating lease expenses	$	17,446	$	18,173	$	15,911
Finance lease expenses		147		227		251
Variable lease expenses		723		740		1,010
Short-term lease expenses		1,565		2,003		3,394
Total lease expenses	$	19,881	$	21,143	$	20,566

Additional information related to leases is as follows:


	Fiscal Year Ended June 30,
	2024			2023			2022
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	16,529		$	16,446		$	15,462
Operating cash flows from finance leases	$	12		$	16		$	20
Financing cash flows from finance leases	$	81		$	161		$	226
ROU assets obtained in exchange for lease obligations:
Operating leases(1)(2)	$	4,243		$	(2,627	)	$	39,435
Finance leases	$	35		$	118		$	116
Weighted average remaining lease term:
Operating leases	8.8 years			10.4 years			9.3 years
Finance leases	3.0 years			3.9 years			4.1 years
Weighted average discount rate:
Operating leases		5.0	%		4.8	%		3.9	%
Finance leases		4.6	%		4.7	%		4.1	%

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:


Leases	Classification	Fiscal Year Ended June 30,
		2024		2023
Assets
Operating lease ROU assets	Operating lease right-of-use assets, net	$	86,634	$	95,894
Finance lease ROU assets, net	Property, plant and equipment, net		206		289
Total leased assets		$	86,840	$	96,183

Liabilities
Current
Operating	Accrued expenses and other current liabilities	$	10,759	$	10,489
Finance	Current portion of long-term debt		85		83
Non-current
Operating	Operating lease liabilities, noncurrent portion		80,863		90,014
Finance	Long-term debt, less current portion		137		222
Total lease liabilities		$	91,844	$	100,808

Schedule of Maturities of Finance Lease Liabilities

Maturities of lease liabilities as of June 30, 2024 were as follows:


Fiscal Year	Operating leases		Finance leases		Total
2025	$	14,680	$	93	$	14,773
2026		14,617		68		14,685
2027		13,599		53		13,652
2028		13,253		25		13,278
2029		11,990		—		11,990
Thereafter		45,740		—		45,740
Total lease payments		113,879		239		114,118
Less: Imputed interest		22,257		17		22,274
Total lease liabilities	$	91,622	$	222	$	91,844

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of June 30, 2024 were as follows:


Fiscal Year	Operating leases		Finance leases		Total
2025	$	14,680	$	93	$	14,773
2026		14,617		68		14,685
2027		13,599		53		13,652
2028		13,253		25		13,278
2029		11,990		—		11,990
Thereafter		45,740		—		45,740
Total lease payments		113,879		239		114,118
Less: Imputed interest		22,257		17		22,274
Total lease liabilities	$	91,622	$	222	$	91,844

Goodwill and Other Intangible Assets - Schedule of Expected Amortization Expense (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2025	$ 6,205
2026	7,197
2027	6,120
2028	5,187
2029	$ 4,747

Stockholders' Equity - Summary of Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 1,017,907	$ 1,083,168	$ 1,522,886
Other comprehensive (loss) income before reclassifications	(1,768)	44,316	(88,092)
Amounts reclassified into income	(9,261)	(6,050)	(3,382)
Total other comprehensive (loss) income	(11,029)	38,266	(91,474)
Ending balance	942,913	1,017,907	1,083,168
Accumulated Other Comprehensive Loss
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(126,216)	(164,482)	(73,008)
Ending balance	(137,245)	(126,216)	(164,482)
Foreign Currency Translation Adjustment, Net
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(138,028)	(168,225)	(66,109)
Other comprehensive (loss) income before reclassifications	(9,045)	30,197	(102,116)
Amounts reclassified into income	0	0	0
Total other comprehensive (loss) income	(9,045)	30,197	(102,116)
Ending balance	(147,073)	(138,028)	(168,225)
Deferred Gains on Cash Flow Hedging Instruments, Net
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	10,898	519	(281)
Other comprehensive (loss) income before reclassifications	5,545	15,390	3,511
Amounts reclassified into income	(7,048)	(5,011)	(2,711)
Total other comprehensive (loss) income	(1,503)	10,379	800
Ending balance	9,395	10,898	519
Deferred Gains (Losses) on Fair Value Hedging Instruments, Net
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	685	500	0
Other comprehensive (loss) income before reclassifications	342	(249)	559
Amounts reclassified into income	(730)	434	(59)
Total other comprehensive (loss) income	(388)	185	500
Ending balance	297	685	500
Deferred Gains (Losses) on Net Investment Hedging Instruments, Net
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	229	2,724	(6,618)
Other comprehensive (loss) income before reclassifications	1,390	(1,022)	9,954
Amounts reclassified into income	(1,483)	(1,473)	(612)
Total other comprehensive (loss) income	(93)	(2,495)	9,342
Ending balance	$ 136	$ 229	$ 2,724

Goodwill and Other Intangible Assets - Schedule of Balance Sheet Information for Intangible Assets, Excluding Goodwill (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Carrying value of intangible assets	$ 49,562	$ 47,245
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Accumulated impairment charges	251,551	223,981
Other Intangible Assets \| ParmCrisps
Finite-Lived Intangible Assets [Line Items]
Non-cash impairment charge	$ 17,032	$ 45,798
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]	Intangibles and long-lived asset impairment	Intangibles and long-lived asset impairment
Personal Care Trademark, Maranatha Trademark And Plant-based Beverage Brands
Finite-Lived Intangible Assets [Line Items]
Carrying value of intangible assets	$ 27,259

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

COVER - USD ($)	12 Months Ended
COVER - USD ($)	Jun. 30, 2024	Aug. 21, 2024	Dec. 29, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--06-30
Document Transition Report	false
Entity File Number	0-22818
Entity Registrant Name	THE HAIN CELESTIAL GROUP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	22-3240619
Entity Address, Address Line One	221 River Street
Entity Address, City or Town	Hoboken
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07030
City Area Code	516
Local Phone Number	587-5000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	HAIN
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 978,993,948
Entity Common Stock, Shares Outstanding		89,844,564
Documents Incorporated by Reference	Portions of The Hain Celestial Group, Inc. Definitive Proxy Statement for the 2024 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K.
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0000910406

Leases - Schedule of Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Operating leases
2025	$ 14,680
2026	14,617
2027	13,599
2028	13,253
2029	11,990
Thereafter	45,740
Total lease payments	113,879
Less: Imputed interest	22,257
Total lease liabilities	91,622
Finance leases
2025	93
2026	68
2027	53
2028	25
2029	0
Thereafter	0
Total lease payments	239
Less: Imputed interest	17
Total lease liabilities	222	$ 305
Total
2025	14,773
2026	14,685
2027	13,652
2028	13,278
2029	11,990
Thereafter	45,740
Total lease payments	114,118
Less: Imputed interest	22,274
Total lease liabilities	$ 91,844	$ 100,808

Related Party Transactions - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Nov. 09, 2021	Jun. 30, 2024
Related Party Transaction [Line Items]
Number of shares repurchased (in shares)		0
SunOpta
Related Party Transaction [Line Items]
Number of shares repurchased (in shares)	1,700,000
Average cost (USD per share)	$ 45
Sale price of common stock (USD per share)	$ 47.95
Shares repurchased	$ 76,500

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,517	$ 2,750
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (shares)	5,000,000	5,000,000
Preferred stock, shares issued (shares)	0	0
Preferred stock, shares outstanding (shares)	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	150,000,000	150,000,000
Common stock, shares issued (shares)	111,867,000	111,339,000
Common stock, shares, outstanding (shares)	89,846,000	89,475,000
Treasury stock (shares)	22,021,000	21,864,000

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (75,042)	$ (116,537)	$ 77,873

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-4

Reference 17: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-10

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-7

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-7

Reference 34: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B

Reference 37: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Goodwill and Other Intangible Assets - Schedule of Balance Sheet Information for Intangible Assets, Excluding Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Amortized intangible assets:
Other intangibles	$ 167,886	$ 161,874
Less: Accumulated amortization	(118,324)	(114,629)
Net amortized intangible assets	49,562	47,245
Net other intangible assets	244,799	298,105
Trademarks and trade names
Non-amortized intangible assets:
Trademarks and tradenames	$ 195,237	$ 250,860

Income Taxes - Summary of the (Benefit) Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Current:
Federal	$ (55)	$ 3,103	$ (197)
State and local	616	953	179
Foreign	14,980	7,719	13,714
Current income tax expense	15,541	11,775	13,696
Deferred:
Federal	(23,403)	(23,551)	6,237
State and local	(2,386)	271	(463)
Foreign	2,428	(2,673)	3,246
Deferred income tax expense	(23,361)	(25,953)	9,020
(Benefit) provision for income taxes	$ (7,820)	$ (14,178)	$ 22,716

Stockholders' Equity

12 Months Ended

Jun. 30, 2024

Equity [Abstract]

Stockholders' Equity

12.

STOCKHOLDERS’ EQUITY

Preferred Stock

The Company is authorized to issue “blank check” preferred stock of up to 5,000 shares with such designations, rights and preferences as may be determined from time to time by the Board of Directors. Accordingly, the Board of Directors is empowered to issue, without stockholder approval, preferred stock with dividends, liquidation, conversion, voting or other rights which could decrease the amount of earnings and assets available for distribution to holders of the Company’s common stock. At June 30, 2024 and 2023, no preferred stock was issued or outstanding.

Accumulated Other Comprehensive Loss

The following table presents the changes in accumulated other comprehensive loss (“AOCL”):


	Foreign Currency Translation Adjustment, Net			Deferred Gains on Cash Flow Hedging Instruments, Net			Deferred Gains (Losses) on Fair Value Hedging Instruments, Net			Deferred Gains (Losses) on Net Investment Hedging Instruments, Net			Total
Balance at June 30, 2021	$	(66,109	)	$	(281	)	$	—		$	(6,618	)	$	(73,008	)
Other comprehensive (loss) income before reclassifications		(102,116	)		3,511			559			9,954			(88,092	)
Amounts reclassified into income		—			(2,711	)		(59	)		(612	)		(3,382	)
Net change in accumulated other comprehensive (loss) income for the fiscal year ended June 30, 2022(1)		(102,116	)		800			500			9,342			(91,474	)
Balance at June 30, 2022		(168,225	)		519			500			2,724			(164,482	)
Other comprehensive income (loss) before reclassifications		30,197			15,390			(249	)		(1,022	)		44,316
Amounts reclassified into (income) loss		—			(5,011	)		434			(1,473	)		(6,050	)
Net change in accumulated other comprehensive income (loss) for the fiscal year ended June 30, 2023(1)		30,197			10,379			185			(2,495	)		38,266
Balance at June 30, 2023		(138,028	)		10,898			685			229			(126,216	)
Other comprehensive (loss) income before reclassifications		(9,045	)		5,545			342			1,390			(1,768	)
Amounts reclassified into income		—			(7,048	)		(730	)		(1,483	)		(9,261	)
Net change in accumulated other comprehensive loss for the fiscal year ended June 30, 2024(1)		(9,045	)		(1,503	)		(388	)		(93	)		(11,029	)
Balance at June 30, 2024	$	(147,073	)	$	9,395		$	297		$	136		$	(137,245	)

(1)

See Note 16, Derivatives and Hedging Activities, for the amounts reclassified into income for deferred gains (losses) on hedging instruments recorded in the consolidated statements of operations during the fiscal years ended June 30, 2024, 2023, and 2022.

Share Repurchase Program

In January 2022, the Company’s Board of Directors authorized the repurchase of up to $200.0 million of the Company’s issued and outstanding common stock. Repurchases may be made from time to time in the open market, pursuant to pre-set trading plans, in private transactions or otherwise. The current 2022 authorization does not have a stated expiration date. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations. During the fiscal year ended June 30, 2024, the Company did not repurchase any shares under the repurchase program. As of June 30, 2024, the Company had $173.5 million of remaining authorization under the share repurchase program.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478448/946-505-50-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480237/815-40-50-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-16

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

+ Details

Transformation Program Hain Reimagined

12 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Transformation Program Hain Reimagined

18.

TRANSFORMATION PROGRAM - HAIN REIMAGINED

During the first quarter of fiscal year 2024, the Company initiated a multi-year growth, transformation and restructuring program (the “Hain Reimagined Program”). The Hain Reimagined Program is intended to optimize the Company’s portfolio, improve underlying profitability and increase its flexibility to invest in targeted growth initiatives, brand building and other capabilities critical to delivering future growth. The savings initiatives are expected to impact the Company’s reportable segments and Corporate and Other.

Implementation of the Hain Reimagined Program is expected to be completed by the end of the 2027 fiscal year and is primarily comprised of contract termination costs, asset write-downs, employee-related costs and other transformation-related expenses.

For the fiscal year ended June 30, 2024, expenses associated with the Hain Reimagined Program in the amount of $27,741, $24,782, and $7,725, respectively, were recorded in productivity and transformation costs, intangibles and long-lived asset impairment, and cost of sales, respectively, on the consolidated statements of operations.

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


	Fiscal Year Ended June 30, 2024
North America	$	32,775
Corporate and Other		20,753
International		6,720
	$	60,248


	Charges		Amounts Paid			Non-cash settlements/ Adjustments2			Balance at June 30, 2024
Employee-related costs1	$	7,012	$	(4,992	)	$	(35	)	$	1,985
Contract termination costs		5,439		(4,757	)		(335	)		347
Asset write-downs2		26,922		—			(26,922	)		—
Other transformation-related expenses3		20,875		(16,887	)		—			3,988
	$	60,248	$	(26,636	)	$	(27,292	)	$	6,320

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

2Represents non-cash asset write-downs including asset impairment and accelerated depreciation.

Derivatives and Hedging Activities - Schedule of Net Investment Hedges and Accumulated other Comprehensive Loss (Details) - Cross-currency swaps - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	$ 1,843	$ (1,279)	$ 12,599
Net Investment Hedging \| Interest and other financing expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing)	$ 1,969	$ 1,963	$ 772

Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2024

Equity [Abstract]

Summary of Changes in Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive loss (“AOCL”):


	Foreign Currency Translation Adjustment, Net			Deferred Gains on Cash Flow Hedging Instruments, Net			Deferred Gains (Losses) on Fair Value Hedging Instruments, Net			Deferred Gains (Losses) on Net Investment Hedging Instruments, Net			Total
Balance at June 30, 2021	$	(66,109	)	$	(281	)	$	—		$	(6,618	)	$	(73,008	)
Other comprehensive (loss) income before reclassifications		(102,116	)		3,511			559			9,954			(88,092	)
Amounts reclassified into income		—			(2,711	)		(59	)		(612	)		(3,382	)
Net change in accumulated other comprehensive (loss) income for the fiscal year ended June 30, 2022(1)		(102,116	)		800			500			9,342			(91,474	)
Balance at June 30, 2022		(168,225	)		519			500			2,724			(164,482	)
Other comprehensive income (loss) before reclassifications		30,197			15,390			(249	)		(1,022	)		44,316
Amounts reclassified into (income) loss		—			(5,011	)		434			(1,473	)		(6,050	)
Net change in accumulated other comprehensive income (loss) for the fiscal year ended June 30, 2023(1)		30,197			10,379			185			(2,495	)		38,266
Balance at June 30, 2023		(138,028	)		10,898			685			229			(126,216	)
Other comprehensive (loss) income before reclassifications		(9,045	)		5,545			342			1,390			(1,768	)
Amounts reclassified into income		—			(7,048	)		(730	)		(1,483	)		(9,261	)
Net change in accumulated other comprehensive loss for the fiscal year ended June 30, 2024(1)		(9,045	)		(1,503	)		(388	)		(93	)		(11,029	)
Balance at June 30, 2024	$	(147,073	)	$	9,395		$	297		$	136		$	(137,245	)

(1)

Segment Information - Schedule of Net Sales by Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 1,736,286	$ 1,796,643	$ 1,891,793
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	940,367	1,025,988	1,037,082
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	497,150	477,400	500,949
Western Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	183,609	180,080	227,712
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 115,160	$ 113,175	$ 126,050

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-4

+ Details

Summary of Significant Accounting Policies and Practices - Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Net book value of internally developed software	$ 12,240	$ 13,576
Minimum \| Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	3 years
Minimum \| Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	3 years
Maximum \| Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	20 years
Maximum \| Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	10 years

Summary of Significant Accounting Policies and Practices (Policies)

12 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Basis of Presentation

The Company’s consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Investments in affiliated companies in which the Company exercises significant influence, but which it does not control, are accounted for under the equity method of accounting. As such, consolidated net (loss) income includes the Company’s equity in the current earnings or losses of such companies.

Unless otherwise indicated, references in these consolidated financial statements to 2024, 2023 and 2022 or “fiscal” 2024, 2023 and 2022 or other years refer to the fiscal year ended June 30 of that respective year and references to 2025 or “fiscal” 2025 refer to the fiscal year ending June 30, 2025.

All dollar amounts in the consolidated financial statements, notes and tables have been rounded to the nearest thousands, except par values and per share amounts, unless otherwise indicated.

Reclassifications

Certain prior year amounts have been reclassified to conform with current year presentation on the consolidated balance sheets related to assets held for sale to include it as part of prepaid expenses and other current assets. There were no reclassifications made to the consolidated statement of operations, consolidated statements of changes in stockholders’ equity or consolidated statements of cash flows.

Use of Estimates

The financial statements are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The accounting principles used required the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and amounts of income and expenses during the reporting periods presented. Actual results could differ from those estimates. These estimates include, among others, variable consideration related to revenue recognition for trade promotions and sales incentives, valuation of accounts and chargeback receivables, valuation of long-lived assets, goodwill and intangible assets (acquired in business combinations and analysis of impairment), stock-based compensation for market awards, and valuation allowances for deferred tax assets.

Cash and Cash Equivalents

The Company considers cash and cash equivalents to include cash in banks, commercial paper and deposits with financial institutions that can be liquidated without prior notice or penalty. The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

In addition, cash and cash equivalents are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand.

Revenue Recognition and Cost of Sales

Revenue Recognition

The Company sells its products through specialty and natural food distributors, supermarkets, natural foods stores, mass-market and e-commerce retailers, food service channels and club, drug and convenience stores worldwide. The majority of the Company’s revenue contracts represent a single performance obligation related to the fulfillment of customer orders for the purchase of products. The Company recognizes revenue as performance obligations are fulfilled when control passes to customers, which is typically upon delivery of the products to its customers. Customer contracts typically contain standard terms and conditions. In instances where formal written contracts are not in place, the Company considers the customer purchase orders to be contracts based on the criteria outlined in Accounting Standard Codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”). Payment terms and conditions vary by customer and are based on the billing schedule established in contracts or purchase orders with customers, but the Company generally provides credit terms to customers ranging from 30-91 days. Therefore, the Company has concluded that contracts do not include a significant financing component.

Sales include shipping and handling charges billed to the customer and are reported net of discounts, trade promotions and sales incentives, consumer coupon programs and other costs, including estimated allowances for returns, allowances and discounts associated with aged or potentially unsalable product, and prompt pay discounts. Shipping and handling costs are accounted for as a fulfillment activity of promise to transfer products to customers and are included in the cost of sales line item on the consolidated statements of operations.

Variable Consideration

In addition to fixed contract consideration, many of the Company’s contracts include some form of variable consideration. The Company offers various trade promotions and sales incentive programs to customers and consumers, such as price discounts, slotting fees, in-store display incentives, cooperative advertising programs, new product introduction fees and coupons. The expenses associated with these programs are accounted for as reductions to the transaction price of the products and are therefore deducted from sales to determine reported net sales. Trade promotions and sales incentive accruals are subject to significant management estimates and assumptions. The critical assumptions used in estimating the accruals for trade promotions and sales incentives include the Company’s estimate of expected levels of performance and redemption rates. The Company exercises judgment in developing these assumptions. These assumptions are based upon historical performance of the retailer or distributor customers with similar types of promotions adjusted for current trends. The Company regularly reviews and revises, when deemed necessary, estimates of costs to the Company for these promotions and incentives based on what has been incurred by the customers. The terms of most of the promotion and incentive arrangements do not exceed a year and therefore do not require highly uncertain long-term estimates. Settlement of these liabilities typically occurs in subsequent periods primarily through an authorization process for deductions taken by a customer from amounts otherwise due to the Company. Differences between estimated expense and actual promotion and incentive costs are recognized in earnings in the period such differences are determined. Actual expenses may differ if the level of redemption rates and performance were to vary from estimates.

Costs to Obtain or Fulfill a Contract

As the Company’s contracts are generally shorter than one year, the Company has elected a practical expedient under ASC 606 that allows the Company to expense as incurred the incremental costs of obtaining a contract if the contract period is for one year or less. These costs are included in selling, general and administrative expenses on the consolidated statements of operations.

Cost of Sales

Included in cost of sales are the cost of products sold, including the costs of raw materials and labor and overhead required to produce the products, warehousing, distribution, supply chain costs, as well as costs associated with shipping and handling of inventory.

Valuation of Accounts and Chargebacks Receivable and Concentration of Credit Risk

The Company routinely performs credit evaluations on existing and new customers and maintains an allowance for expected uncollectible accounts receivable which is recorded as an offset to trade accounts receivable on the consolidated balance sheets. Collectability of accounts receivable is assessed by applying a historical loss-rate methodology in accordance with ASC Topic 326, Financial Instruments - Credit Losses, adjusted as necessary based on the Company's review of accounts receivable on an individual basis, specifically identifying customers with known disputes or collectability issues, and experience with trade receivable aging categories. The Company also considers market conditions and current and expected future economic conditions to inform adjustments to historical loss data. Changes to the allowance, if any, are classified as bad debt provisions within selling, general and administrative expenses on the consolidated statements of operations. Credit losses have been within the Company’s expectations in recent years. While one of the Company’s customers represented approximately 19% and 18% of trade receivables balances as of June 30, 2024 and 2023, respectively, the Company believes that there is no significant or unusual credit exposure at this time.

Based on cash collection history and other statistical analysis, the Company estimates the amount of unauthorized deductions customers have taken that the Company expects will be collected and repaid in the near future and records a chargeback receivable which is a component of trade receivables. Differences between estimated collectible receivables and actual collections are recognized in earnings in the period such differences are determined.

Sales to one customer and its affiliates approximated 18%, 16% and 15% of sales during the fiscal years ended June 30, 2024, 2023 and 2022, respectively.

Inventory

Inventory is valued at the lower of cost or net realizable value, utilizing the first-in, first-out method. The Company provides write-downs for finished goods expected to become unsaleable due to age and specifically identifies and provides for slow moving or obsolete raw ingredients and packaging.

Property, Plant and Equipment

Property, plant and equipment is carried at cost and depreciated or amortized on a straight-line basis over the estimated useful lives or lease term (for leasehold improvements), whichever is shorter. The Company believes the useful lives assigned to the Company’s property, plant and equipment are within ranges generally used in consumer products manufacturing and distribution businesses. The Company’s manufacturing plants and distribution centers, and their related assets, are reviewed when impairment indicators are present by analyzing underlying cash flow projections. The Company believes no impairment of the carrying value of such assets exists other than as disclosed under Note 6, Property, Plant and Equipment, Net. Ordinary repairs and maintenance costs are expensed as incurred. The Company utilizes the following ranges of asset lives:


Buildings and improvements		10 - 40 years
Machinery and equipment		3 - 20 years
Furniture and fixtures		3 - 15 years

Leasehold improvements are amortized over the shorter of the respective initial lease term or the estimated useful life of the assets, and generally range from 3 to 20 years.

Software that is developed for internal use is recorded as a component of property, plant and equipment. Qualifying costs incurred to develop internal-use software are capitalized when (i) the preliminary project stage is completed, (ii) management has authorized further funding for the completion of the project and (iii) it is probable that the project will be completed and perform as intended. These capitalized costs include compensation for employees who develop internal-use software and external costs related to development of internal-use software. Capitalization of these costs ceases once the project is substantially complete and the software is ready for its intended purpose. Once placed into service, internally developed software is amortized on a straight-line basis over its estimated useful life which generally ranges from 3 to 10 years. All other expenditures, including those incurred in order to maintain the asset’s current level of performance, are expensed as incurred. The net book value of internally developed software as of June 30, 2024 and 2023 was $12,240 and $13,576, respectively, and is included as a component of Computer Hardware and Software in Note 6, Property, Plant and Equipment, Net.

Goodwill and Other Indefinite-Lived Intangible Assets

Goodwill and other intangible assets with indefinite useful lives are not amortized but rather are tested at least annually for impairment, or when circumstances indicate that the carrying amount of the asset may not be recoverable. The Company performs its annual test for impairment at the beginning of the fourth quarter of its fiscal year.

Goodwill is tested for impairment at the reporting unit level. A reporting unit is an operating segment or a component of an operating segment. Goodwill is tested for impairment by either performing a qualitative evaluation or a quantitative test. The qualitative evaluation is an assessment of factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. The Company may elect not to perform the qualitative assessment for some or all reporting units and perform a quantitative impairment test. The impairment test for goodwill requires the Company to compare the fair value of a reporting unit to its carrying value. The Company uses a blended analysis of a discounted cash flow model and a market valuation approach to determine the fair values of its reporting units. If the carrying value of a reporting unit exceeds its fair value, the Company would then compare the carrying value of the goodwill to its implied fair value in order to determine the amount of the impairment, if any.

Indefinite-lived intangible assets, which are not amortized, consist primarily of acquired trademarks and tradenames. Indefinite-lived intangible assets are evaluated on an annual basis in conjunction with the Company’s evaluation of goodwill, or on an interim basis if and when events or circumstances change that would more likely than not reduce the fair value of any of its

indefinite-lived intangible assets below their carrying value. In assessing fair value, the Company utilizes a “relief from royalty” methodology. This approach involves two steps: (i) estimating the royalty rates for each trademark and (ii) applying these royalty rates to a projected net sales stream and discounting the resulting cash flows to determine fair value. If the carrying value of the indefinite-lived intangible assets exceeds the fair value of the assets, the carrying value is written down to fair value in the period identified. This method includes significant management assumptions such as revenue growth rates, weighted average cost of capital and assumed royalty rates. See Note 8, Goodwill and Other Intangible Assets and Note 15, Fair Value Measurements, for additional information on goodwill and intangibles impairment charges.

Transfer of Financial Assets

The Company accounts for transfers of financial assets, such as non-recourse accounts receivable financing arrangements, when the Company has surrendered control over the related assets. Determining whether control has transferred requires an evaluation of relevant legal considerations, an assessment of the nature and extent of the Company’s continuing involvement with the assets transferred and any other relevant considerations. The Company has non-recourse financing arrangements in which eligible receivables are sold to third-party buyers in exchange for cash. The Company transferred accounts receivable in their entirety to the buyers and satisfied all of the conditions to report the transfer of financial assets in their entirety as a sale. The principal amount of receivables sold under these arrangements was $284,891, $380,683 and $170,737 during the fiscal years ended June 30, 2024, 2023 and 2022, respectively. The incremental cost of financing receivables under these arrangements is included in selling, general and administrative expenses on the Company’s consolidated statements of operations. The proceeds from the sale of receivables are included in cash provided by operating activities on the consolidated statements of cash flows.

Foreign Currency Translation and Remeasurement

The assets and liabilities of international operations are translated at the exchange rates in effect at the balance sheet date. Revenue and expense accounts are translated at the monthly average exchange rates. Adjustments arising from the translation of the foreign currency financial statements of the Company’s international operations are reported as a component of accumulated other comprehensive loss on the consolidated balance sheets. Gains and losses arising from intercompany foreign currency transactions that are of a long-term nature are reported in the same manner as translation adjustments.

Gains and losses arising from intercompany foreign currency transactions that are not of a long-term nature and certain transactions of the Company’s subsidiaries which are denominated in currencies other than the subsidiaries’ functional currency are recognized as incurred in other expense (income), net on the consolidated statements of operations.

Selling, General and Administrative Expenses

Included in selling, general and administrative expenses are advertising costs, promotion costs not paid directly to the Company’s customers, salary and related benefit costs of the Company’s employees in the finance, human resources, information technology, legal, sales and marketing functions, facility related costs of the Company’s administrative functions, research and development costs, and costs paid to consultants and third party providers for related services.

Research and Development Costs

Research and development costs are expensed as incurred and are included in selling, general and administrative expenses on the consolidated statements of operations. Research and development costs amounted to $5,366 in fiscal 2024, $6,379 in fiscal 2023 and $9,416 in fiscal 2022, consisting primarily of personnel related costs. The Company’s research and development expenditures do not include the expenditures on such activities undertaken by co-packers and suppliers who develop numerous products on behalf of the Company and on their own initiative with the expectation that the Company will accept their new product ideas and market them under the Company’s brands.

Advertising Costs

Advertising costs, which are included in selling, general and administrative expenses, amounted to $34,736 in fiscal 2024, $38,838 in fiscal 2023 and $41,032 in fiscal 2022. Such costs are expensed as incurred.

Income Taxes

The Company follows the liability method of accounting for income taxes. Under the liability method, deferred taxes are determined based on the differences between the financial statement and tax bases of assets and liabilities at enacted rates in effect in the years in which the differences are expected to reverse. The Company also assesses the likelihood of future realization of deferred tax assets, including recent earnings results within taxing jurisdictions, expectations of future taxable income, the carryforward periods available and other relevant factors. Valuation allowances are provided for deferred tax assets to the extent it is more likely than not that the deferred tax assets will not be recoverable against future taxable income.

The Company recognizes liabilities for uncertain tax positions based on a two-step process prescribed by the authoritative guidance. The first step requires the Company to determine if the weight of available evidence indicates that the tax position has met the threshold for recognition; therefore, the Company must evaluate whether it is more likely than not that the position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step requires the Company to measure the tax benefit of the tax position taken, or expected to be taken, in an income tax return as the largest amount that is more than 50% likely of being realized upon ultimate settlement. The Company reevaluates the uncertain tax positions each period based on factors including, but not limited to, changes in facts or circumstances, changes in tax law, effectively settled issues under audit, and new audit activity. Depending on the jurisdiction, such a change in recognition or measurement may result in the recognition of a tax benefit or an additional charge to the tax provision in the period. The Company records interest and penalties in the provision for income taxes.

Fair Value of Financial Instruments

The fair value of financial instruments is the amount at which the instrument could be exchanged in a current transaction between willing parties. At June 30, 2024 and 2023, the carrying values of financial instruments such as accounts receivable, accounts payable, accrued expenses and other current liabilities, as well as borrowings under the Company’s credit facility and other borrowings, approximated fair value based upon either the short-term maturities or market interest rates of these instruments.

The Company’s financial assets and liabilities measured at fair value are required to be grouped in one of three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities. These levels are:

•

Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;

•

Level 2 – Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and

•

Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity).

Derivative Instruments

The Company uses interest rate swaps to manage its interest rate risk and cross-currency swaps and foreign currency exchange contracts to manage its exposure to fluctuations in foreign currency exchange rates. The valuation of these instruments is determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves.

The Company incorporates credit valuation adjustments to appropriately reflect both the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of the Company’s derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees.

Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. The Company has determined that the significance of the impact of the credit valuation adjustments made to its derivative contracts, which determination was based on the fair value of each individual contract, was not significant to the overall valuation. As a result, all of the derivatives held as of June 30, 2024 and June 30, 2023 were classified as Level 2 of the fair value hierarchy.

Nonrecurring Fair Value Measurements

The Company measures certain non-financial assets at fair value on a nonrecurring basis including goodwill, intangible assets, property and equipment and right-of-use lease assets. These assets were initially measured and recognized at amounts equal to the fair value determined as of the date of acquisition or purchase subject to changes in value only for foreign currency translation. Periodically, these assets are tested for impairment by comparing their respective carrying amounts to the estimated fair value of the reporting unit or asset group in which they reside. In the event any of these assets were to become impaired, the Company would recognize an impairment expense equal to the amount by which the carrying amount of the reporting unit, impaired asset or asset group exceeds its estimated fair value. For indefinite-lived intangible assets, the relief from royalty approach is dependent on a number of factors, including estimates of future growth and trends, royalty rates in the category of intellectual property, discount rates and other variables. Fair value measurements of reporting units are estimated using an income approach involving discounted cash flow models that contain certain Level 3 inputs requiring significant management judgment, including projections of economic conditions, customer demand and changes in competition, revenue growth rates, gross profit margins, operating margins, capital expenditures, working capital requirements, terminal growth rates and discount rates. Fair value measurements of the reporting units associated with the Company's goodwill balances and its indefinite-lived intangible assets are estimated at least annually in the fourth quarter of each fiscal year for purposes of impairment testing if a quantitative analysis is performed. The Company bases its fair value estimates on assumptions its management believes to be reasonable, but which are unpredictable and inherently uncertain.

As discussed in Note 8, Goodwill and Other Intangible Assets, the trademarks of Happy™, Joya®, ParmCrisps®, Thinsters®, Imagine®, Queen Helene® and certain North America personal care intangible assets were fair valued on a nonrecurring basis and classified as Level 3 assets in their respective reporting periods. As discussed in Note 6, Property, Plant and Equipment, Net, an asset group’s property, plant and equipment were fair valued on a nonrecurring basis and classified as Level 3 assets in their respective reporting periods.

Derivative Instruments and Hedging Activities

ASC 815, Derivatives and Hedging (“ASC 815”), provides the disclosure requirements for derivatives and hedging activities with the intent to provide users of financial statements with an enhanced understanding of: (a) how and why an entity uses derivative instruments, (b) how the entity accounts for derivative instruments and related hedged items and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance and cash flows. Further, qualitative disclosures are required that explain the Company’s objectives and strategies for using derivatives, as well as quantitative disclosures about the fair value of and gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative instruments.

The Company records all derivatives on the consolidated balance sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. The effective portion of changes in the fair value of derivative instruments that qualify for cash flow hedge and net investment hedge accounting treatment are recognized in stockholders’ equity as a component of accumulated other comprehensive loss until the hedged item is recognized in earnings. Changes in the fair value of fair value hedges, derivatives that do not qualify for hedge accounting treatment, as well as the ineffective portion of any cash flow hedges, are recognized currently in earnings as a component of interest and other financing expense, net on the consolidated statements of operations. The Company reports cash flows arising from derivative instruments consistent with the classification of cash flows from the underlying hedged items that these derivatives are hedging. Accordingly, the cash flows associated with derivatives designated as cash flow hedges and fair value hedges are classified in cash flows from operating activities on the consolidated statements of cash flows. The Company may enter into derivative contracts that are intended to economically hedge certain of its risks, even though hedge accounting does not apply, or the Company elects not to apply hedge accounting.

Stock-Based Compensation

The Company uses the fair market value of the Company’s common stock on the grant date to measure fair value for service-based awards and a Monte Carlo simulation model to determine the fair value of market-based awards. The Company uses historical volatility to calculate the expected volatility matching the expected holding period. The fair value of stock-based compensation awards is recognized as an expense over the vesting period using the straight-line method. For awards that contain a market condition, expense is recognized over the defined or derived service period using a Monte Carlo simulation model. Compensation expense is recognized for these awards on a straight-line basis over the service period, regardless of the eventual number of shares that are earned based upon the market condition, provided that each grantee remains an employee at the end of the performance period. Compensation expense on awards that contain a market condition is reversed if at any time during the service period a grantee is no longer an employee.

The Company recognizes forfeitures as they occur at which time compensation cost previously recognized for an award that is forfeited because of failure to satisfy a condition is reversed in the period of the forfeiture.

The Company receives an income tax deduction in certain tax jurisdictions for restricted stock grants when they vest and for stock options exercised by employees equal to the excess of the market value of the Company’s common stock on the date of exercise over the option price. Excess tax benefits (tax benefits resulting from tax deductions in excess of compensation cost recognized) are classified as a cash flow provided by operating activities on the consolidated statements of cash flows.

Valuation of Long-Lived Assets

The Company periodically evaluates the carrying value of long-lived assets held and used in the business and with definite lives, when events and circumstances occur indicating that the carrying amount of the asset or its asset group may not be recoverable. An impairment test is performed when the estimated undiscounted cash flows associated with the asset or asset group is less than its carrying value. Once such impairment test is performed, a loss is recognized based on the amount, if any, by which the carrying value exceeds the estimated fair value for assets to be held and used.

See Note 6, Property, Plant and Equipment, Net, Note 8, Goodwill and Other Intangible Assets, and Note 15, Fair Value Measurements, for additional information on long-lived asset impairment charges.

Leases

Arrangements containing leases are evaluated as an operating or finance lease at lease inception. For operating leases, the Company recognizes an operating lease right-of-use (“ROU”) asset and operating lease liability at lease commencement based on the present value of lease payments over the lease term.

With the exception of certain finance leases, an implicit rate of return is not readily determinable for the Company's leases. For these leases, an incremental borrowing rate is used in determining the present value of lease payments and is calculated based on information available at the lease commencement date. The incremental borrowing rate is determined using a portfolio approach based on the rate of interest the Company would have to pay to borrow funds on a collateralized basis over a similar term. The Company references market yield curves which are risk-adjusted to approximate a collateralized rate in the currency of the lease. These rates are updated on a quarterly basis for measurement of new lease obligations.

The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. Leases with an initial term of 12 months or less are not recognized on the consolidated balance sheets. The Company has elected to separate lease and non-lease components.

Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. Diluted net loss per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.

Recently Issued and Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements Not Yet Adopted

Recently Issued and Adopted Accounting Pronouncements

In July 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-03, “Presentation of Financial Statement (Topic 205), Income Statement - Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic505), and Compensation - Stock Compensation (Topic 718)”, to amend various SEC paragraphs in the ASC to reflect the issuance of SEC Staff Accounting Bulletin No. 120, among other things. The Company adopted this conforming guidance upon issuance, which had no material impact on its consolidated financial statements and related disclosures.

Recently Issued Accounting Pronouncements Not Yet Adopted

In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which will require entities to disclose more detailed information in the reconciliation of their statutory tax rate to their effective tax rate. The ASU also requires entities to disclose more detailed information about income taxes paid, including by jurisdiction, pretax income (loss) from continuing operations, and income tax expense (benefit). The amendments are effective for fiscal years beginning after December 15, 2024 and for interim periods within fiscal years beginning after December 15, 2025. The amendments should be applied on a prospective basis. Retrospective application is permitted. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.

In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures”, which updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.

Stock-Based Compensation and Incentive Performance Plans - Weighted Average Assumptions Long-Term Incentive Program (Details) - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
PSUs \| 2019-2021 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)				$ 32.13	$ 10.92
Risk-free interest rate				0.13%	1.54%
Expected dividend yield				0.00%	0.00%
Expected volatility				40.37%	36.28%
Expected term				1 year 2 months 1 day	1 year 10 months 6 days
Relative TSR Performance Shares \| 2024-2026 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)	$ 15.42
Risk-free interest rate	4.98%
Expected dividend yield	0.00%
Expected volatility	23.10%
Expected term	3 years
Relative TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)		$ 27.47
Risk-free interest rate		3.54%
Expected dividend yield		0.00%
Expected volatility		26.60%
Expected term		3 years
Relative TSR Performance Shares \| 2022-2024 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)			$ 60.09
Risk-free interest rate			0.89%
Expected dividend yield			0.00%
Expected volatility			24.46%
Expected term			2 years 11 months 26 days
Absolute TSR Performance Shares \| 2024-2026 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)	$ 12.23
Risk-free interest rate	4.98%
Expected dividend yield	0.00%
Expected volatility	33.70%
Expected term	3 years
Absolute TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)		$ 20.18
Risk-free interest rate		3.54%
Expected dividend yield		0.00%
Expected volatility		40.30%
Expected term		3 years
Absolute TSR Performance Shares \| 2022-2024 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (per target share)			$ 39
Risk-free interest rate			0.89%
Expected dividend yield			0.00%
Expected volatility			36.93%
Expected term			2 years 11 months 26 days

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant, and Equipment

Property, plant and equipment, net consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Land	$	11,381	$	11,453
Buildings and improvements		57,030		55,354
Machinery and equipment		325,174		335,912
Computer hardware and software		54,139		54,192
Furniture and fixtures		20,943		20,722
Leasehold improvements		39,255		49,394
Construction in progress		12,783		10,816
		520,705		537,843
Less: Accumulated depreciation		258,975		241,518
	$	261,730	$	296,325

Segment Information (Tables)

12 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables set forth financial information about each of the Company’s reportable segments. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company’s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.


	Fiscal Year Ended June 30,
	2024			2023			2022
Net Sales:
North America	$	1,055,527		$	1,139,162		$	1,163,132
International		680,759			657,481			728,661
	$	1,736,286		$	1,796,643		$	1,891,793

Segment Adjusted EBITDA:
North America	$	98,728		$	123,443		$	122,235
International		94,974			82,945			110,073
Total Reportable Segments Adjusted EBITDA		193,702			206,388			232,308
Corporate and Other		(39,180	)		(39,766	)		(31,692	)
		154,522			166,622			200,616
Depreciation and amortization		(44,665	)		(50,777	)		(46,849	)
Equity in net loss of equity-method investees		(2,581	)		(1,134	)		(2,902	)
Interest expense, net		(54,232	)		(43,936	)		(10,226	)
Benefit (provision) for income taxes		7,820			14,178			(22,716	)
Stock-based compensation, net		(12,704	)		(14,423	)		(15,611	)
Unrealized currency (losses) gains		(17	)		(929	)		2,259
Certain litigation expenses, net(a)		(7,262	)		1,369			(7,687	)
Restructuring activities
Productivity and transformation costs		(27,741	)		(7,284	)		(8,803	)
Plant closure related costs, net		(5,251	)		(94	)		(929	)
Warehouse/manufacturing consolidation and other costs, net		(995	)		(1,026	)		(2,721	)
CEO succession		—			(5,113	)		—
Acquisitions, divestitures and other
Transaction and integration costs, net		34			(2,018	)		(14,055	)
(Loss) gain on sale of assets		(4,384	)		3,529			9,049
Impairment charges
Intangibles and long-lived asset impairment		(76,143	)		(175,501	)		(1,903	)
Other		(1,443	)		—			351
Net (loss) income	$	(75,042	)	$	(116,537	)	$	77,873

(a) Expenses and items relating to securities class action, baby food litigation and SEC investigation.

The Company’s net sales by product category are as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Snacks	$	463,261	$	486,411	$	462,573
Baby & Kids		252,481		284,834		281,018
Beverages		253,008		239,199		292,514
Meal preparation		662,116		653,114		676,683
Personal care		105,420		133,085		179,005
	$	1,736,286	$	1,796,643	$	1,891,793

Schedule of Net Sales by Geographic Region

The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiary, are as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
United States	$	940,367	$	1,025,988	$	1,037,082
United Kingdom		497,150		477,400		500,949
Western Europe		183,609		180,080		227,712
Canada		115,160		113,175		126,050
	$	1,736,286	$	1,796,643	$	1,891,793

Schedule of Long Lived Assets, by Geographic Region

The Company’s long-lived assets, which primarily represent net property, plant and equipment, net and operating lease right-of-use assets, net by geographic region are as follows:


	Fiscal Year Ended June 30,
	2024		2023
United States	$	137,398	$	162,798
United Kingdom		125,945		134,908
Western Europe		66,785		72,016
Canada		18,236		22,497
	$	348,364	$	392,219

Summary of Significant Accounting Policies and Practices

12 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Summary of Significant Accounting Policies And Practices

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES

Cash and Cash Equivalents

Revenue Recognition

Variable Consideration

Costs to Obtain or Fulfill a Contract

Valuation of Accounts and Chargebacks Receivable and Concentration of Credit Risk

Sales to one customer and its affiliates approximated 18%, 16% and 15% of sales during the fiscal years ended June 30, 2024, 2023 and 2022, respectively.

Inventory

Property, Plant and Equipment


Buildings and improvements		10 - 40 years
Machinery and equipment		3 - 20 years
Furniture and fixtures		3 - 15 years

Leasehold improvements are amortized over the shorter of the respective initial lease term or the estimated useful life of the assets, and generally range from 3 to 20 years.

Goodwill and Other Indefinite-Lived Intangible Assets

Transfer of Financial Assets

Cost of Sales

Foreign Currency Translation and Remeasurement

Selling, General and Administrative Expenses

Research and Development Costs

Advertising Costs

Proceeds from Insurance Claims

In fiscal 2024, 2023, and 2022, the Company received $1,297, $8,594 and $196 of proceeds from insurance claims, respectively, which are included in selling, general and administrative expenses on the consolidated statements of operations.

Income Taxes

Fair Value of Financial Instruments

Derivative Instruments and Hedging Activities

Stock-Based Compensation

Valuation of Long-Lived Assets

See Note 6, Property, Plant and Equipment, Net, Note 8, Goodwill and Other Intangible Assets, and Note 15, Fair Value Measurements, for additional information on long-lived asset impairment charges.

Leases

Net Loss Per Share

Recently Issued and Adopted Accounting Pronouncements

Recently Issued Accounting Pronouncements Not Yet Adopted

Income Taxes - Schedule of Unrecognized Tax Benefits, Including Interest and Penalties Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 23,967	$ 21,901	$ 22,870
Additions based on tax positions related to the current year	1,906	1,519	273
Additions based on tax positions related to prior years	187	815	304
Reductions due to lapse in statute of limitations and settlements	0	(268)	(1,546)
Balance at end of year	$ 26,060	$ 23,967	$ 21,901

Stock-Based Compensation and Incentive Performance Plans - Weighted Average Assumptions CEO Inducement Grant and CEO Succession (Details) - $ / shares		12 Months Ended
	Nov. 06, 2018	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Absolute TSR Performance Shares \| 2022-2024 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate				0.89%
Expected dividend yield				0.00%
Expected volatility				36.93%
Expected term				2 years 11 months 26 days
Grant date fair value (per target share)				$ 39
Absolute TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate			3.54%
Expected dividend yield			0.00%
Expected volatility			40.30%
Expected term			3 years
Grant date fair value (per target share)			$ 20.18
Relative TSR Performance Shares \| 2022-2024 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate				0.89%
Expected dividend yield				0.00%
Expected volatility				24.46%
Expected term				2 years 11 months 26 days
Grant date fair value (per target share)				$ 60.09
Relative TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate			3.54%
Expected dividend yield			0.00%
Expected volatility			26.60%
Expected term			3 years
Grant date fair value (per target share)			$ 27.47
Former CEO \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value (USD per share)	$ 21.63
Risk-free interest rate	2.99%
Expected dividend yield	0.00%
Expected volatility	35.17%
Expected term	3 years
President And Chief Executive Officer \| Absolute TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		4.28%
Expected dividend yield		0.00%
Expected volatility		40.70%
Expected term		3 years
Grant date fair value (per target share)		$ 13.84
President And Chief Executive Officer \| Relative TSR Performance Shares \| 2023-2025 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		4.28%
Expected dividend yield		0.00%
Expected volatility		28.20%
Expected term		3 years
Grant date fair value (per target share)		$ 19.54

Income Taxes - Schedule of Reconciliation of U.S Federal Statutory Rate to Effective Rate on (loss) Income before (Benefit) Provision for Income Taxes (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Effective Income Tax Rate Reconciliation [Line Items]
Increasing the valuation allowance on deferred tax assets	$ 15,075	$ 14,935

Stock-Based Compensation and Incentive Performance Plans - Additional Information (Details)				3 Months Ended	12 Months Ended			36 Months Ended
	Jan. 01, 2023 shares	Nov. 22, 2022 USD ($)	Nov. 06, 2018 shares	Dec. 31, 2021	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 shares	Jun. 30, 2022 shares	Nov. 06, 2021	Jun. 30, 2021 shares	Jun. 30, 2020 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised (in shares)					0	0	0
Stock options exercisable at year end (in shares)					122,000	122,000	122,000
Aggregate intrinsic value of outstanding options \| $					$ 567,000
Weighted average remaining contractual life					7 years
Stock outstanding options weighted average exercise price (USD per share) \| $ / shares					$ 2.26
Unrecognized compensation expense \| $					$ 0
Restructuring reserve \| $					6,320,000
Termination benefits and personnel realignment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restructuring reserve \| $					$ 1,985,000
RSUs and PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					528,000	250,000	1,583,000
Unrecognized stock-based compensation expense \| $					$ 19,400,000
Period for recognition (years)					1 year 5 months 15 days
Equity instruments other than options, nonvested (in shares)					2,165,000	1,288,000	790,000		1,780,000
RSUs \| Share-Based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	0.3333
RSUs \| Share-Based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	0.3333
RSUs \| Share-Based Payment Arrangement, Tranche Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	0.3333
Former CEO \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)				100.00%
Number of shares available for grant (shares)			350,000
Vesting period			3 years
Holding period			1 year
Grant date fair value \| $					$ 7,571,000
President And Chief Executive Officer \| Termination benefits and personnel realignment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restructuring reserve \| $		$ 4,725,000
Severance costs installment period		2 years
President And Chief Executive Officer \| Make-Whole Restricted Stock Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)	95,000
Maximum \| Former CEO \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (shares)			1,050,000
Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)					1,767,000	1,242,000	873,000
Options granted in the period (in shares)					0	0	0
Number of shares available for grant (shares)					5,406,000
Long Term Incentive Plan \| RSAs, RSUs, and PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)					15,000
Vested shares during the period (shares)					512,000
Long Term Incentive Plan \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					0.00%
Long Term Incentive Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					200.00%
Executive Incentive Plan \| Subject to Achievement \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)					618,000	428,000	249,000
2019-2021 LTIP \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)				100.00%
Number of shares available for grant (shares)							0		51,000	554,000
Vesting period			3 years
2019-2021 LTIP \| Minimum \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares granted								0.00%
2019-2021 LTIP \| Maximum \| PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares granted								300.00%
2022-2024 LTIP \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)							193,000
Number of shares available for grant (shares)					849,000
Equity instruments other than options, nonvested (in shares)					44,000
2022-2024 LTIP \| Absolute TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					3 years
2022-2024 LTIP \| Minimum \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					0.00%
2022-2024 LTIP \| Maximum \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					200.00%
2022-2024 LTIP \| Subject to Achievement \| Relative TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					29,000
2022-2024 LTIP \| Subject to Achievement \| Absolute TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					15,000
2024-2026 LTIP \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)					618
Equity instruments other than options, nonvested (in shares)					556,000
2024-2026 LTIP \| Minimum \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					0.00%
2024-2026 LTIP \| Maximum \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					200.00%
2024-2026 LTIP \| Subject to Achievement \| Relative TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					370,000
2024-2026 LTIP \| Subject to Achievement \| Absolute TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					185,000
Vesting period					3 years
2023-2025 LTIP \| Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)						429,000
Equity instruments other than options, nonvested (in shares)					249,000
2023-2025 LTIP \| President And Chief Executive Officer \| RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)	36,000
2023-2025 LTIP \| President And Chief Executive Officer \| Relative TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)	36,000
2023-2025 LTIP \| President And Chief Executive Officer \| Absolute TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options granted in the period (in shares)	18,000
2023-2025 LTIP \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					0.00%
2023-2025 LTIP \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of targeted award (as a percent)					200.00%
2023-2025 LTIP \| Subject to Achievement \| Relative TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					167,000
2023-2025 LTIP \| Subject to Achievement \| Absolute TSR Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested shares during the period (shares)					82,000
Vesting period					3 years

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (75,042)	$ (116,537)	$ 77,873
Pretax amount
Foreign currency translation adjustments before reclassifications	(9,045)	30,197	(102,116)
Change in deferred (losses) gains on cash flow hedging instruments	(2,007)	13,850	946
Change in deferred (losses) gains on fair value hedging instruments	(516)	247	633
Change in deferred (losses) gains on net investment hedging instruments	(126)	(3,242)	11,827
Total other comprehensive (loss) income	(11,694)	41,052	(88,710)
Tax (expense) benefit
Foreign currency translation adjustments before reclassifications	0	0	0
Change in deferred (losses) gains on cash flow hedging instruments	504	(3,471)	(146)
Change in deferred (losses) gains on fair value hedging instruments	128	(62)	(133)
Change in deferred (losses) gains on net investment hedging instruments	33	747	(2,485)
Total other comprehensive (loss) income	665	(2,786)	(2,764)
After tax amount
Foreign currency translation adjustments before reclassifications	(9,045)	30,197	(102,116)
Change in deferred (losses) gains on cash flow hedging instruments	(1,503)	10,379	800
Change in deferred (losses) gains on fair value hedging instruments	(388)	185	500
Change in deferred (losses) gains on net investment hedging instruments	(93)	(2,495)	9,342
Total other comprehensive (loss) income	(11,029)	38,266	(91,474)
Total comprehensive loss	$ (86,071)	$ (78,271)	$ (13,601)

Goodwill and Other Intangible Assets - Additional Information (Details) $ in Thousands	3 Months Ended			12 Months Ended
	Jun. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($) ReportingUnit	Jun. 30, 2022 USD ($)
Segment Reporting Information [Line Items]
Other intangibles non-cash impairment charges				$ 44,602	$ 174,906
Remaining amortization period (in years)	8 years 10 months 24 days			8 years 10 months 24 days
Number of reporting units quantitatively tested, goodwill impairment \| ReportingUnit					3
Goodwill carrying value	$ 929,304		$ 938,640	$ 929,304	$ 938,640	$ 933,796
U. S. Reporting Unit
Segment Reporting Information [Line Items]
Percentage of fair value in excess of carrying amount	6.20%			6.20%
Goodwill carrying value	$ 641,053			$ 641,053
ParmCrisps
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets				8,000	$ 102,000
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]					Intangibles and long-lived asset impairment
Thinsters
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets					$ 8,500
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]					Intangibles and long-lived asset impairment
Personal Care
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets				$ 12,815	$ 0
Minimum
Segment Reporting Information [Line Items]
Finite-lived intangible asset, useful life (in years)	7 years			7 years
Maximum
Segment Reporting Information [Line Items]
Finite-lived intangible asset, useful life (in years)	25 years			25 years
Various Segments
Segment Reporting Information [Line Items]
Percentage of fair value in excess of carrying amount			17.00%		17.00%
North America
Segment Reporting Information [Line Items]
Goodwill carrying value	$ 689,468		$ 697,053	$ 689,468	$ 697,053	695,715
North America \| ParmCrisps
Segment Reporting Information [Line Items]
Other intangibles non-cash impairment charges		$ 8,000
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]		Non-cash impairment charge
Intangible assets fair value		$ 0
North America \| Thinsters
Segment Reporting Information [Line Items]
Other intangibles non-cash impairment charges		$ 10,797
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]		Non-cash impairment charge
North America \| Personal Care
Segment Reporting Information [Line Items]
Other intangibles non-cash impairment charges		$ 12,815
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]		Non-cash impairment charge
Intangible assets fair value		$ 13,000
International
Segment Reporting Information [Line Items]
Goodwill carrying value	239,836		241,587	239,836	$ 241,587	$ 238,081
Customer Relationships \| ParmCrisps
Segment Reporting Information [Line Items]
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]					Intangibles and long-lived asset impairment
Non-cash impairment charge				10,586	$ 45,798
Happy and Joya
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets	$ 2,260			2,260	$ 4,691
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]	Intangibles and long-lived asset impairment
Happy and Joya \| International
Segment Reporting Information [Line Items]
Carrying value of intangible assets	$ 3,761			$ 3,761
Other Intangible Assets \| ParmCrisps
Segment Reporting Information [Line Items]
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Intangibles and long-lived asset impairment	Intangibles and long-lived asset impairment
Non-cash impairment charge				$ 17,032	$ 45,798
Joya
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets			4,691
Carrying value of intangible assets	3,761			3,761
Imagine
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets			4,767	0	4,767
Queen Helene
Segment Reporting Information [Line Items]
Impairment of indefinite lived intangible assets			$ 9,150	0	$ 9,150
Imagine and Queen Helene \| North America
Segment Reporting Information [Line Items]
Carrying value of intangible assets	$ 3,100			$ 3,100

Summary of Significant Accounting Policies and Practices (Tables)

12 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Summary of Property, Plant, and Equipment Useful Lives

The Company utilizes the following ranges of asset lives:


Buildings and improvements		10 - 40 years
Machinery and equipment		3 - 20 years
Furniture and fixtures		3 - 15 years

Fair Value Measurements

12 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Fair Value Measurements

15.

FAIR VALUE MEASUREMENTS

•

Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;

•

Level 2 – Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and

•

Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity).

The following table presents by level within the fair value hierarchy, assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:


	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Derivative financial instruments	$	14,982	$	—	$	14,982	$	—
Liabilities:
Derivative financial instruments	$	3,333	$	—	$	3,333	$	—

The following table presents by level within the fair value hierarchy, assets and liabilities measured at fair value on a recurring basis as of June 30, 2023:


	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Derivative financial instruments	$	16,988	$	—	$	16,988	$	—
Liabilities:
Derivative financial instruments	$	3,160	$	—	$	3,160	$	—

There were no transfers of financial instruments between the three levels of fair value hierarchy during the fiscal years ended June 30, 2024 or 2023.

Derivative Instruments

Nonrecurring Fair Value Measurements

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Income Taxes

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Income Taxes

11.

INCOME TAXES

The components of (loss) income before income taxes and equity in net loss of equity-method investees were as follows:


	Fiscal Year Ended June 30,
	2024			2023			2022
Domestic	$	(148,014	)	$	(183,601	)	$	24,541
Foreign		67,733			54,020			78,950
Total	$	(80,281	)	$	(129,581	)	$	103,491

The (benefit) provision for income taxes consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023			2022
Current:
Federal	$	(55	)	$	3,103		$	(197	)
State and local		616			953			179
Foreign		14,980			7,719			13,714
		15,541			11,775			13,696
Deferred:
Federal		(23,403	)		(23,551	)		6,237
State and local		(2,386	)		271			(463	)
Foreign		2,428			(2,673	)		3,246
		(23,361	)		(25,953	)		9,020
Total	$	(7,820	)	$	(14,178	)	$	22,716

Cash paid for income taxes, net of refunds, during the fiscal years ended June 30, 2024 and June 30, 2023 amounted to $10,303 and $14,765, respectively.

The reconciliation of the U.S. federal statutory rate to the Company’s effective rate on (loss) income before (benefit) provision for income taxes is as follows:


	Fiscal Year Ended June 30,
	2024			%			2023			%			2022			%
Expected United States federal income tax at statutory rate	$	(16,857	)		21.0	%	$	(27,233	)		21.0	%	$	21,733			21.0	%
State income taxes, net of federal (benefit) provision		(5,060	)		6.3	%		(4,866	)		3.8	%		1,227			1.2	%
U.S. tax on foreign earnings		266			(0.3	)%		1,946			(1.5	)%		2,404			2.3	%
Foreign income at different rates		(313	)		0.3	%		(905	)		0.7	%		(576	)		(0.6	)%
Change in valuation allowance(a)		15,075			(18.8	)%		14,935			(11.5	)%		(220	)		(0.2	)%
Change in reserves for uncertain tax positions		2,044			(2.5	)%		637			(0.5	)%		(997	)		(1.0	)%
Change in foreign tax rate		—			—	%		—			—	%		(341	)		(0.3	)%
Loss on disposal of subsidiary		(1,116	)		1.4	%		—			—	%		—			—	%
Stock-based compensation	945				(1.2	)%		—			—	%		—			—	%
Return to provision		(4,274	)		5.3	%		—			—	%		—			—	%
Other		1,470			(1.8	)%		1,308			(1.1	)%		(514	)		(0.4	)%
(Benefit) provision for income taxes	$	(7,820	)		9.7	%	$	(14,178	)		10.9	%	$	22,716			22.0	%

(a) The Company estimated that it would not be able to utilize certain of its federal tax credit, federal tax losses and state tax loss carryovers due to its history of pretax losses and inability to carry back tax losses or credits for refunds. This negative evidence resulted in the Company increasing the valuation allowance on worldwide deferred tax assets in the year ended June 30, 2024 by $15,075, and in the year ended June 30, 2023 by $14,935.

U.S. federal tax regulations include a provision to tax global intangible low-taxed income (“GILTI”) of foreign subsidiaries and a measure to tax certain intercompany payments under the base erosion anti-abuse tax (“BEAT”) regime. For the fiscal years ended June 30, 2024, 2023 and 2022, the Company did not generate intercompany transactions that met the BEAT threshold but does have to include GILTI tax relating to the Company’s foreign subsidiaries.

The Company elected to account for GILTI tax as a current period cost and recorded expense of $381 during the fiscal year ended June 30, 2024. The GILTI tax expense is included in the U.S. tax benefit on foreign earnings in the effective tax rate which also includes tax expense related to Subpart F income and unremitted earnings in total.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts for income tax purposes. Deferred tax assets and liabilities consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023
Noncurrent deferred tax assets (liabilities):
Basis difference on inventory	$	4,884		$	5,130
Reserves not currently deductible		8,386			11,045
Basis difference on intangible assets		(62,549	)		(73,635	)
Basis difference on property and equipment		(14,946	)		(20,255	)
Other comprehensive income		(2,887	)		(3,498	)
Net operating loss and tax credit carryforwards		67,186			50,807
Stock-based compensation		1,591			1,937
Unremitted earnings of foreign subsidiaries		(1,873	)		(1,989	)
Operating lease liability		18,615			20,203
Lease ROU assets		(17,309	)		(19,113	)
Other		18,702			9,833
Valuation allowances		(67,626	)		(52,551	)
Noncurrent deferred tax liabilities, net	$	(47,826	)	$	(72,086	)

At June 30, 2024 and 2023, the Company had U.S. federal NOL carryforwards of approximately $67,138 and $63,559, respectively, certain of which will not expire until 2033. Certain of these federal loss carryforwards are subject to Internal Revenue Code Section 382, which imposes limitations on utilization following certain changes in ownership of the entity generating the loss carryforward. The Company had foreign NOL carryforwards of approximately $9,035 and $11,351 at June 30, 2024 and 2023, respectively, the majority of which are indefinite lived.

For the year ended June 30, 2024, the Company determined that $202,500 of foreign earnings are not permanently reinvested with a corresponding deferred tax liability of $1,873. The Company continues to reinvest $767,735 of undistributed earnings of its foreign subsidiaries and may be subject to additional foreign withholding taxes and U.S. state income taxes if it reverses its indefinite reinvestment assertion on these foreign earnings in the future. All other outside basis differences not related to earnings were impractical to account for at this period of time and are currently considered as being permanent in duration.

As required by the authoritative guidance on accounting for income taxes, the Company evaluates the realizability of deferred tax assets on a jurisdictional basis at each reporting date. Accounting for income taxes requires that a valuation allowance be established when it is more likely than not that all or a portion of the deferred tax assets will not be realized. In circumstances where there is sufficient negative evidence indicating that the deferred tax assets are not more likely than not realizable, the Company establishes a valuation allowance. The Company recorded valuation allowances in the amounts of $67,626 and $52,551 at June 30, 2024 and 2023, respectively.

The changes in valuation allowances against deferred income tax assets were as follows:


	Fiscal Year Ended June 30,
	2024			2023
Balance at beginning of year	$	52,551		$	36,891
Additions charged to income tax expense		18,998			23,212
Reductions credited to income tax expense		(3,858	)		(8,514	)
THWR purchase accounting		—			291
Currency translation adjustments		(65	)		671
Balance at end of year	$	67,626		$	52,551

Unrecognized tax benefits activity, including interest and penalties, is summarized below:


	Fiscal Year Ended June 30,
	2024		2023			2022
Balance at beginning of year	$	23,967	$	21,901		$	22,870
Additions based on tax positions related to the current year		1,906		1,519			273
Additions based on tax positions related to prior years		187		815			304
Reductions due to lapse in statute of limitations and settlements		—		(268	)		(1,546	)
Balance at end of year	$	26,060	$	23,967		$	21,901

As of June 30, 2024, the Company had $26,060 of unrecognized tax benefits, of which $22,249 represents an amount that, if recognized, would impact the effective tax rate in future periods. As of June 30, 2023, the Company had $23,967 of unrecognized tax benefits, of which $20,155 represents the amount that, if recognized, would impact the effective tax rate in future periods. As of June 30, 2022, the Company had $21,901 of unrecognized tax benefits of which $18,089 would impact the effective income tax rate in future periods. Accrued liabilities for interest and penalties were $4,921 and $3,768 at June 30, 2024 and 2023, respectively.

The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, various U.S. state jurisdictions and several foreign jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years prior to fiscal 2014. However, to the extent the Company generated NOLs or tax credits in closed tax years, future use of the NOL or tax credit carryforward balance would be subject to examination within the relevant statute of limitations for the year in which utilized. The Company is no longer subject to tax examinations in the U.K. for years prior to fiscal 2021. Given the uncertainty regarding when tax authorities will complete their examinations and the possible outcomes of their examinations, a current estimate of the range of reasonably possible significant increases or decreases of income tax that may occur within the next twelve months cannot be made. Although there are various tax audits currently ongoing, the Company does not believe the ultimate outcome of such audits will have a material impact on the Company’s consolidated financial statements.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Property, Plant and Equipment, Net - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Depreciation	$ 34,332	$ 35,893	$ 31,235
Long-lived asset impairment	76,143	175,501	1,903
Gain (loss) on sale of undeveloped land	(3,634)	3,529	8,588
North America
Property, Plant and Equipment [Line Items]
Long-lived asset impairment	244	584
Proceeds from sale of undeveloped land	1,182
Gain (loss) on sale of undeveloped land	68
International
Property, Plant and Equipment [Line Items]
Long-lived asset impairment	2,763
ParmCrisps
Property, Plant and Equipment [Line Items]
Long-lived asset impairment	5,875
Held for Sale \| North America
Property, Plant and Equipment [Line Items]
Net carrying value	0	$ 1,250
United States
Property, Plant and Equipment [Line Items]
Proceeds from sale of undeveloped land			10,005
Land \| United States
Property, Plant and Equipment [Line Items]
Gain (loss) on sale of undeveloped land			8,656
Manufacturing facility \| International
Property, Plant and Equipment [Line Items]
Long-lived asset impairment			$ 303
Bell CA Production Facility \| North America
Property, Plant and Equipment [Line Items]
Long-lived asset impairment	$ 20,666

Goodwill and Other Intangible Assets

12 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The following table shows the changes in the carrying amount of goodwill by reportable segment:


	North America			International			Total
Balance as of June 30, 2022(1)	$	695,715		$	238,081		$	933,796
Acquisition(2)		(794	)		—			(794	)
Divestiture(3)		(3,054	)		—			(3,054	)
Translation		5,186			3,506			8,692
Balance as of June 30, 2023		697,053			241,587			938,640
Divestiture(4)		(6,267	)					(6,267	)
Translation		(1,318	)		(1,751	)		(3,069	)
Balance as of June 30, 2024	$	689,468		$	239,836		$	929,304

(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 fiscal year ended June 30, 2023, the Company finalized purchase accounting related to “That's How We Roll” (“THWR”) resulting in a $794 reduction to goodwill.

(3)

During the fiscal year ended June 30, 2023, the Company completed the divestiture of Westbrae®, a component of the North America reportable segment. Goodwill of $3,054 was assigned to the divested component on a relative fair value basis.

(4)

During the fiscal year ended June 30, 2024, the Company completed the divestitures of Thinsters® and Queen Helene®, both were components of the North America reportable segment. Goodwill of $5,732 and $535 was assigned to divested components of Thinsters® and Queen Helene®, respectively, on a relative fair value basis.

During the third quarter of fiscal 2024, as a result of the significant decline in the Company’s market capitalization and the same factors triggering the interim impairment tests for the ParmCrisps® and Thinsters® trademarks, certain North America personal care tradenames, and other intangible assets, the Company completed an interim impairment test of all reporting units. For the United Kingdom (“U.K.”), Western Europe, Canada, and Ella's Kitchen UK reporting units, the Company performed a qualitative evaluation to assess factors to determine whether it was more likely than not that the fair value of the reporting units were less than their carrying amounts, including goodwill. The Company concluded that the qualitatively tested reporting units estimated fair values exceeded their carrying amounts. Three of these reporting units (U.K., Western Europe and Canada) were quantitatively tested in fiscal 2023 and as of the last quantitative testing date, their estimated fair values exceeded their respective carrying amounts by more than 17.0%.

During the third quarter of fiscal 2024, the Company completed an interim quantitative impairment test of goodwill in the U.S. reporting unit and concluded that the reporting unit’s estimated fair value exceeded its carrying amount. The fair value of the reporting unit was estimated utilizing a blended approach which included an income approach utilizing the Discounted Cash Flows Method and the Guideline Public Company Methodology, a market-based approach.

The Company completed this interim quantitative impairment test of goodwill in the U.S. reporting unit and concluded that the reporting unit’s estimated fair value exceeded its carrying amount by 6.2%. The Company also completed its annual goodwill impairment analysis on April 1, 2024 (the first day of the fourth quarter of fiscal 2024) and concluded that no impairment existed at any of its reporting units. At June 30, 2024, the goodwill related to the U.S. reporting unit was at risk of potential impairment if the fair value of this reporting unit, and its associated assets, decrease in value due to the amount and timing of expected future cash flows, decreased customer demand for products, an inability to execute management’s business strategies, or general market conditions, such as economic downturns, and changes in interest rates, including discount rates. Future cash flow estimates are, by their nature, subjective, and actual results may differ materially from the Company’s estimates. If the Company’s ongoing cash flow projections are not met or if market factors utilized in the impairment test deteriorate, including an unfavorable change in the terminal growth rate or the weighted-average cost of capital, the Company may have to record impairment charges in future periods. As of June 30, 2024, goodwill associated with the U.S. reporting unit had a carrying value of $641,053.

Other Intangible Assets

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:


	Fiscal Year Ended June 30,
	2024			2023
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	195,237		$	250,860
Amortized intangible assets:
Other intangibles(2)(3)		167,886			161,874
Less: Accumulated amortization		(118,324	)		(114,629	)
Net amortized intangible assets	$	49,562		$	47,245
Net other intangible assets	$	244,799		$	298,105

(1)

The gross carrying value of trademarks and tradenames is reflected net of $251,551 and $223,981 of accumulated impairment charges as of June 30, 2024 and 2023, respectively.

(2)

The reduction in carrying value of other intangible assets as of June 30, 2024 reflected a non-cash impairment charge of $17,032 and $45,798 recognized in the fiscal year ended June 30, 2024 and 2023, respectively.

(3)

During the fiscal year 2024, the useful life for certain North America personal care tradenames (namely, Avalon Organics®, and JASON®), the MaraNatha® trademark, and the trademarks for the plant-based beverage brands: Happy™ and Joya® was changed from indefinite to definite. The carrying value of such intangible assets as of June 30, 2024 was $27,259.

During the third quarter of fiscal 2024, the Company recorded a non-cash impairment charge of $10,797 related to the indefinite and definite lived intangible assets associated with Thinsters® in connection with the probable sale of the Thinsters® cookie business. The Company concluded that as of March 31, 2024, there was a high probability that the sale of the Thinsters® business would occur and therefore, a quantitative impairment test was performed. To determine the amount of the impairment, the Company compared the carrying amount of the Thinsters® assets to its estimated fair value (which was the expected selling price less transaction costs).

During the third quarter of fiscal 2024, the Company recorded non-cash impairment charges of $12,815 and $8,000 for certain North America personal care tradenames (namely, Alba Botanica®, Avalon Organics®, and JASON®) and the ParmCrisps® trademark, respectively, to reduce the carrying amounts of such intangible assets to their estimated fair values of $13,000 and nil, respectively. The fair value was determined using the relief from royalty method, and impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The assets are part of the North America reportable segment. As a result of the same factors triggering the interim impairment tests for the ParmCrisps® trademark, the Company completed impairment tests of the ParmCrisps® asset group, which was primarily comprised of amortizable customer relationships, machinery and equipment and operating lease right-of-use assets. The Company determined that the carrying amount of the ParmCrisps® asset group exceeded the estimated fair value. During the fiscal year ended June 30, 2024, the Company recorded non-cash impairment charges of $10,586 to reduce the carrying amount of the ParmCrisps® customer relationships to their estimated fair value which was determined using a discounted cash flow analysis. Impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The customer relationship intangible asset was part of the North America reportable segment and was fully impaired.

In the fourth quarter of fiscal 2024, the Company quantitatively tested another intangible asset. The assessment indicated that the carrying value of the trademarks associated with its plant-based beverage brands, Happy™ and Joya®, exceeded its estimated fair value. The fair value was determined using the relief from royalty method, and a non-cash impairment charge of $2,260 was recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The Happy™ and Joya® intangible assets are part of the International reportable segment and had a remaining aggregate carrying value of $3,761 as of June 30, 2024.

During the fourth quarter of fiscal year ended June 30, 2023, the Company recorded non-cash impairment charges of $4,767, $4,691 and $9,150 for Imagine®, Joya®, and Queen Helene® intangible assets, respectively, to reduce the carrying amount of such intangible assets to their estimated fair value. The fair values were determined using the relief from royalty method, and impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The Imagine® and Queen Helene® intangible assets are part of the North America reportable segment and had a remaining aggregate carrying value of $3,100 as of June 30, 2024. The Joya® intangible assets are part of the International reportable segment and had a remaining aggregate carrying value of $3,761 as of June 30, 2024.

During the fiscal year ended June 30, 2023, the Company recorded non-cash impairment charges of $102,000 and $8,500 for the ParmCrisps® and Thinsters® trademarks, respectively, to reduce the carrying amount of such intangible assets to their estimated fair value. The fair values were determined using the relief from royalty method, and impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The assets are part of the North America reportable segment and were fully impaired as of June 30, 2024. As a result of the same factors triggering the interim impairment tests for the ParmCrisps® and Thinsters® trademarks, the Company completed interim impairment tests of the ParmCrisps® and Thinsters® asset groups, which were primarily comprised of amortizable customer relationships. The Company determined that the carrying amount of the ParmCrisps® asset group’s exceeded its estimated fair value. During the fiscal year ended June 30, 2023, the Company recorded non-cash impairment charges of $45,798 to reduce the carrying amount of the ParmCrisps® customer relationships, the primary asset in the asset group, to their estimated fair value. Impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations. The fair value of the Thinsters® asset group exceeded its carrying amount. During the fiscal year ended June 30, 2024, the Company completed the sale of the Thinsters® business as discussed in Note 4, Dispositions.

Non-cash impairment charges, recorded within intangibles and long-lived asset impairment on the consolidated statements of operations, for the fiscal years ended June 30, 2024 and June 30, 2023 were as follows:


	Fiscal Year Ended June 30,
	2024		2023
Personal care tradenames (Alba Botanica®, Avalon Organics®, and JASON®)	$	12,815	$	—
Thinsters® trademark and customer relationships		10,797		8,500
ParmCrisps® customer relationships		10,586		45,798
ParmCrisps® trademark		8,000		102,000
Happy™ and Joya® trademarks		2,260		4,691
Queen Helene®		—		9,150
Imagine®		—		4,767
Other		144		—
	$	44,602	$	174,906

Amortized intangible assets, which are deemed to have a finite life, primarily consist of customer relationships, trademarks and tradenames and are amortized over their estimated useful lives of 7 to 25 years. The weighted average remaining amortization period of amortized intangible assets is 8.9 years. Expected amortization expense of the next five fiscal years is as follows:


	Fiscal Year Ending June 30,
	2025		2026		2027		2028		2029
Estimated amortization expense	$	7,197	$	6,205	$	6,120	$	5,187	$	4,747

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false

Debt and Borrowings - Summary of Debt and Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Line of Credit Facility [Line Items]
Less: Unamortized issuance costs	$ (1,680)	$ (1,307)
Other borrowings	222	305
Long-term debt	744,092	828,748
Short-term borrowings and current portion of long-term debt	7,569	7,567
Long-term debt, less current portion	736,523	821,181
Second Amendment and Restated Credit Agreement \| Term loans
Line of Credit Facility [Line Items]
Debt, gross	270,550
Second Amendment and Restated Credit Agreement \| Line of Credit \| Revolving credit facility
Line of Credit Facility [Line Items]
Debt, gross	$ 475,000
Amended and Restated Credit Agreement \| Term loans
Line of Credit Facility [Line Items]
Debt, gross		288,750
Amended and Restated Credit Agreement \| Line of Credit \| Revolving credit facility
Line of Credit Facility [Line Items]
Debt, gross		$ 541,000

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Operating Loss Carryforwards [Line Items]
Cash paid for income taxes, net of refunds	$ 10,303	$ 14,765
GILTI tax current period cost and expenses	381
Foreign earnings not permanently reinvested	202,500
Unremitted earnings of foreign subsidiaries	1,873	1,989
Undistributed earnings of foreign subsidiaries	767,735
Valuation allowances	67,626	52,551	$ 36,891
Unrecognized tax benefits	26,060	23,967	21,901	$ 22,870
Unrecognized tax benefits that would impact effective tax rate	22,249	20,155	$ 18,089
Interest and penalties, accrued	4,921	3,768
Federal
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	67,138	63,559
Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 9,035	$ 11,351

Derivatives and Hedging Activities

12 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Hedging Activities

16.

DERIVATIVES AND HEDGING ACTIVITIES

Risk Management Objective of Using Derivatives

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company manages its exposures to a wide variety of business and operational risks. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s receivables and borrowings.

Certain of the Company’s foreign operations expose the Company to fluctuations of foreign exchange rates. These fluctuations may impact the value of the Company’s cash receipts and payments in terms of the Company’s functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain assets and liabilities in terms of its functional currency, the U.S. Dollar.

Accordingly, the Company uses derivative financial instruments to manage and mitigate such risks. The Company does not use derivatives for speculative or trading purposes.

The Company has agreements with each of its derivative counterparties that contain a cross-default provision upon certain defaults by the Company on any of its indebtedness.

Cash Flow Hedges of Interest Rate Risk

The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. During fiscal 2024 and 2023, such derivatives were used to hedge the variable cash flows associated with existing variable rate debt.

For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in AOCL and subsequently reclassified into interest expense in the same period during which the hedged transaction affects earnings. Amounts reported in AOCL related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable rate debt. During fiscal 2025, the Company estimates that an additional $7,476 will be reclassified as a decrease to interest expense.

As of June 30, 2024, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:


Interest Rate Derivative	Number of Instruments	Notional Amount
Interest rate swap	4	$	400,000

Cash Flow Hedges of Foreign Exchange Risk

The Company is exposed to fluctuations in various foreign currencies against its functional currency, the U.S. Dollar. The Company, at times, also uses forward contracts to manage its exposure to fluctuations in the GBP-EUR exchange rates. The Company designates these derivatives as cash flow hedges of foreign exchange risks.

For derivatives designated and that qualify as cash flow hedges of foreign exchange risk, the gain or loss on the derivative is recorded in AOCL and subsequently reclassified in the same period during which the hedged transaction affects earnings within the same income statement line item as the earnings effect of the hedged transaction. During fiscal 2025, the Company estimates that no amount relating to cross-currency swaps will be reclassified to interest expense. As of June 30, 2024, the Company had no outstanding foreign currency derivatives that were used to hedge its foreign exchange risks.

Net Investment Hedges

The Company is exposed to fluctuations in foreign exchange rates on investments it holds in its European foreign entities and their exposure to the Euro. The Company uses fixed-to-fixed cross-currency swaps to hedge its exposure to changes in the foreign exchange rate on its foreign investment in Western Europe. Currency forward agreements involve fixing the USD-EUR exchange

rate for delivery of a specified amount of foreign currency on a specified date. The currency forward agreements are typically cash settled in U.S. Dollars for their fair value at or close to their settlement date. Cross-currency swaps involve the receipt of functional-currency-fixed-rate amounts from a counterparty in exchange for the Company making foreign-currency-fixed-rate payments over the life of the agreement.

For derivatives designated as net investment hedges, the gain or loss on the derivative is reported in AOCL as part of the cumulative translation adjustment. Amounts are reclassified out of AOCL into earnings when the hedged net investment is either sold or substantially liquidated.

As of June 30, 2024, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations:


Foreign Currency Derivative	Number of Instruments	Notional Sold		Notional Purchased
Cross-currency swap	4	€	100,300	$	105,804

Fair Value Hedges

The Company is exposed to changes in the fair value of certain of its foreign denominated intercompany loans due to changes in foreign exchange spot rates. The Company uses fixed-to-fixed cross-currency swaps to hedge its exposure to changes in foreign exchange rates affecting gains and losses on intercompany loan principal and interest. Cross-currency swaps involve the receipt of functional-currency-fixed-rate amounts from a counterparty in exchange for the Company making foreign-currency-fixed-rate payments over the life of the agreement.

For derivatives designated and that qualify as fair value hedges, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in interest and other financing expense, net.

Gains and losses on the derivative representing hedge components excluded from the assessment of effectiveness are recognized over the life of the hedge on a systematic and rational basis, as documented at hedge inception in accordance with the Company’s accounting policy election. The earnings recognition of excluded components is presented in the same income statement line item as the earnings effect of the hedged transaction. During fiscal 2025, the Company estimates that an additional $476 relating to cross-currency swaps will be reclassified as a decrease to interest expense.

As of June 30, 2024, the Company had the following outstanding foreign currency derivatives that were used to hedge changes in fair value attributable to foreign exchange risk:


Foreign Currency Derivative	Number of Instruments	Notional Sold		Notional Purchased
Cross-currency swap	1	€	24,700	$	26,021

As of June 30, 2024, the following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustment for fair value hedges:


	Carrying Amount of the Hedged Asset				Cumulative Amount of Fair Value Hedge Adjustment Included in the Carrying Amount of the Hedged Asset
	Fiscal Year Ended June 30,				Fiscal Year Ended June 30,
	2024		2023		2024			2023
Intercompany loan receivable	$	26,465	$	26,945	$	(480	)	$	924

Designated Hedges

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2024:


	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Prepaid expenses and other current assets	$	7,455	Accrued expenses and other current liabilities	$	—
Interest rate swaps	Other noncurrent assets		5,151	Other noncurrent liabilities		—
Cross-currency swaps	Prepaid expenses and other current assets		2,376	Accrued expenses and other current liabilities		—
Cross-currency swaps	Other noncurrent assets		—	Other noncurrent liabilities		3,333
Total derivatives designated as hedging instruments		$	14,982		$	3,333

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2023:


	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Prepaid expenses and other current assets	$	8,649	Accrued expenses and other current liabilities	$	—
Interest rate swaps	Other noncurrent assets		5,974	Other noncurrent liabilities		—
Cross-currency swaps	Prepaid expenses and other current assets		2,365	Accrued expenses and other current liabilities		—
Cross-currency swaps	Other noncurrent assets		—	Other noncurrent liabilities		3,160
Total derivatives designated as hedging instruments		$	16,988		$	3,160

The following table presents the pre-tax effect of cash flow hedge accounting on AOCL as of June 30, 2024, 2023 and 2022:


Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain (Loss) Reclassified from AOCL into Income (Expense)	Location of Gain (Loss) Reclassified from AOCL into Income (Expense)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023		2022				2024		2023			2022
Interest rate swaps	$	7,300	$	20,413	$	1,341		Interest and other financing expense, net	$	9,348	$	6,918		$	27
Cross-currency swaps		—		—		3,129		Interest and other financing expense, net / Other expense (income), net		—		(275	)		3,296
Foreign currency forward contracts		50		80		(93	)	Cost of sales		9		—			108
	$	7,350	$	20,493	$	4,377			$	9,357	$	6,643		$	3,431

The following table presents the pre-tax effect of the Company’s derivative financial instruments electing cash flow hedge accounting on the consolidated statements of operations as of June 30, 2024 and 2023:


	Location and Amount of Gain (Loss) Recognized in the Consolidated Statements of Operations on Cash Flow Hedging Relationships
	Fiscal Year Ended June 30, 2024						Fiscal Year Ended June 30, 2023							Fiscal Year Ended June 30, 2022
	Cost of sales		Interest and other financing expense, net		Other expense (income), net		Cost of sales		Interest and other financing expense, net			Other expense (income), net		Cost of sales		Interest and other financing expense, net		Other expense (income), net
The effects of cash flow hedging:
Gain (loss) on cash flow hedging relationships
Interest rate swaps
Amount of gain reclassified from AOCL into income	$	—	$	9,348	$	—	$	—	$	6,918		$	—	$	—	$	27	$	—
Cross-currency swaps
Amount of (loss) gain reclassified from AOCL into (expense) income	$	—	$	—	$	—	$	—	$	(275	)	$	—	$	—	$	78	$	3,218
Foreign currency forward contracts
Amount of gain reclassified from AOCL into income	$	—	$	9	$	—	$	—	$	—		$	—	$	108	$	—	$	—

The following table presents the pre-tax effect of fair value hedge accounting on AOCL as of June 30, 2024, 2023 and 2022:


Derivatives in Fair Value Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain Reclassified from AOCL into Income on Derivatives (Amount Excluded from Effectiveness Testing)	Amount of Gain Reclassified from AOCL into Income on Derivatives (Amount Excluded from Effectiveness Testing)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023			2022			2024		2023		2022
Cross-currency swaps	$	454	$	(310	)	$	708	Interest and other financing expense, net	$	490	$	489	$	75
	$	454	$	(310	)	$	708		$	490	$	489	$	75

The following table presents the pre-tax effect of the Company’s derivative financial instruments electing fair value hedge accounting on the consolidated statements of operations as of June 30, 2024 and 2023:


	Location and Amount of Gain (Loss) Recognized in the Consolidated Statements of Operations on Fair Value Hedging Relationships
	Fiscal Year Ended June 30, 2024						Fiscal Year Ended June 30, 2023							Fiscal Year Ended June 30, 2022
	Cost of sales		Interest and other financing expense, net		Other expense (income), net		Cost of sales		Interest and other financing expense, net			Other expense (income), net		Cost of sales		Interest and other financing expense, net		Other expense (income), net
The effects of fair value hedging:
Gain on fair value hedging relationships
Cross-currency swaps
Amount of gain (loss) reclassified from AOCL into income (expense)	$	—	$	970	$	—	$	—	$	(557	)	$	—	$	—	$	75	$	122

The following table presents the pre-tax effect of the Company’s net investment hedges on Accumulated other comprehensive loss and the consolidated statements of operations as of June 30, 2024, 2023 and 2022:


Derivatives in Net Investment Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing)	Amount of Gain Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023			2022			2024		2023		2022
Cross-currency swaps	$	1,843	$	(1,279	)	$	12,599	Interest and other financing expense, net	$	1,969	$	1,963	$	772

Commitments and Contingencies

12 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

17.

COMMITMENTS AND CONTINGENCIES

Securities Class Actions Filed in Federal Court

On August 17, 2016, three securities class action complaints were filed in the Eastern District of New York (the “District Court”) against the Company alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934: (1) Flora v. The Hain Celestial Group, Inc., et al.; (2) Lynn v. The Hain Celestial Group, Inc., et al.; and (3) Spadola v. The Hain Celestial Group, Inc., et al. (collectively, the “Securities Complaints”). The Securities Complaints were ultimately consolidated under the caption In re The Hain Celestial Group, Inc. Securities Litigation (the “Consolidated Securities Action”), and Rosewood Funeral Home and Salamon Gimpel were appointed as Co-Lead Plaintiffs. During the summer of 2017, a Corrected Consolidated Amended Complaint was filed, which named as defendants the Company and certain of its former officers (collectively, “Defendants”) and asserted violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegedly materially false or misleading statements and omissions in public statements, press releases and SEC filings regarding the Company’s business, prospects, financial results and internal controls.

After Defendants’ initial motion to dismiss was granted without prejudice to replead in October 2017, the Co-Lead Plaintiffs filed a Second Amended Consolidated Class Action Complaint on May 6, 2019 (the “Second Amended Complaint”). The Second Amended Complaint again named as defendants the Company and certain of its former officers and asserted violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegations similar to those in the Correct Consolidated Amended Complaint. Defendants filed a motion to dismiss the Second Amended Complaint on June 20, 2019. On April 6, 2020, the District Court granted Defendants’ motion to dismiss the Second Amended Complaint in its entirety, with prejudice. Co-Lead Plaintiffs appealed the District Court’s decision dismissing the Second Amended Complaint to the United States Court of Appeals for the Second Circuit (the “Second Circuit”). By decision dated December 17, 2021, the Second Circuit vacated the District Court’s judgment and remanded the case for further proceedings. The parties ultimately submitted supplemental briefing between May 12, 2022 and June 23, 2022, and in June 2022, the District Court referred Defendants’ Motion to Dismiss the Second Amended Complaint to a United States Magistrate Judge (the “Magistrate Judge”) for a Report and Recommendation. On November 4, 2022, the Magistrate Judge issued a Report and Recommendation recommending that the District Court grant Defendants’ Motion to Dismiss the Second Amended Complaint with prejudice. On September 29, 2023, the District Court granted Defendants’ Motion to Dismiss the Second Amended Complaint. Co-Lead Plaintiffs filed notice of appeal on October 26, 2023, appealing the District Court’s decision dismissing the Second Amended Complaint to the Second Circuit. Co-Lead Plaintiffs filed their opening brief on February 12, 2024. Defendants opposed, and the appeal is fully briefed as of June 3, 2024.

Additional Stockholder Class Action and Derivative Complaints Filed in Federal Court

The former Board of Directors and certain former officers of the Company are defendants in a consolidated action originally filed in 2017 in the Eastern District of New York under the captions Silva v. Simon, et al., Barnes v. Simon, et al., Merenstein v. Heyer, et al., and Oliver v. Berke, et al. Plaintiffs in the consolidated action, In re The Hain Celestial Group, Inc. Stockholder Class and Derivative Litigation (the “Consolidated Stockholder Class and Derivative Action”), allege the violation of securities law, breach of fiduciary duty, waste of corporate assets and unjust enrichment. The plaintiffs alleged in their Amended Complaint that the Company’s former directors and certain former officers made materially false and misleading statements in press releases and SEC filings regarding the Company’s business, prospects and financial results and that the Company violated its by-laws and Delaware law by failing to hold its 2016 Annual Stockholders Meeting and includes claims for breach of fiduciary duty, unjust enrichment and corporate waste.

On December 20, 2017, the parties agreed to stay Defendants’ time to answer, move, or otherwise respond to the consolidated amended complaint through and including 30 days after a decision was rendered on the motion to dismiss the Amended Complaint in the Consolidated Securities Action, described above. After the District Court granted Defendants’ motion to dismiss the Consolidated Securities Action, the Co-Lead Plaintiffs in that action filed a Second Amended Complaint on May 6, 2019. The parties to the Consolidated Stockholder Class and Derivative Action thereby agreed to continue the stay of Defendants’ time to answer, move, or otherwise respond to the consolidated amended complaint through 30 days after a decision on Defendants’ motion to dismiss the Second Amended Complaint in the Consolidated Securities Action.

On April 6, 2020, the District Court granted Defendants’ motion to dismiss the Second Amended Complaint in the Consolidated Securities Action, with prejudice. Pursuant to the terms of an agreed-upon stay, Defendants in the Consolidated Stockholder Class and Derivative Action had until May 6, 2020 to answer, move, or otherwise respond to the complaint in this matter. This deadline was extended, and Defendants moved to dismiss the Consolidated Stockholder Class and Derivative Action Complaint on June 23, 2020, with Plaintiffs’ opposition due August 7, 2020.

On July 24, 2020, Plaintiffs made a stockholder litigation demand on the current Board containing overlapping factual allegations to those set forth in the Consolidated Stockholder Class and Derivative Action. On November 3, 2020, Plaintiffs were informed that the Board of Directors had finished investigating and resolved, among other things, that the demand should be rejected. In light of the Second Circuit vacating the District Court’s judgment in the Consolidated Securities Action referenced above and

remanding the case for further proceedings, the Parties submitted a joint status report on December 29, 2021 requesting that the District Court continue the temporary stay pending the District Court’s reconsideration of the Defendants’ motion to dismiss the Second Amended Complaint in the Consolidated Securities Action. The parties have most recently agreed to extend the stay through the earlier of November 8, 2024 or 30 days after the Second Circuit issues a decision on Plaintiffs’ currently pending appeal.

Baby Food Litigation

Since February 2021, the Company has been named in numerous consumer class actions alleging that the Company’s Earth’s Best® baby food products (the “Products”) contain unsafe and undisclosed levels of various naturally occurring heavy metals, namely lead, arsenic, cadmium and mercury. Those actions have now been transferred and consolidated as a single lawsuit in the U.S. District Court for the Eastern District of New York captioned In re Hain Celestial Heavy Metals Baby Food Litigation, Case No. 2:21-cv-678 (the “Consolidated Proceeding”), which generally alleges that the Company violated various state consumer protection laws and asserts other state and common law warranty and unjust enrichment claims related to the alleged failure to disclose the presence of these metals, arguing that consumers would have either not purchased the Products or would have paid less for them had the Company made adequate disclosures. The Company filed a motion to dismiss the Consolidated Class Action Complaint on November 7, 2022, which was opposed by the plaintiffs. On May 9, 2023, upon consent of the parties, the Court stayed the Consolidated Proceeding pending the Second Circuit’s decision on appeal in In re Beech-Nut Nutrition Co. Baby Food Litigation, 21 Civ. 133 (N.D.N.Y.) (the “Beech-Nut Case”). Accordingly, the Court denied the Company’s motion to dismiss without prejudice to renew.

By summary order dated January 18, 2024, the Second Circuit vacated the judgment dismissing the Beech-Nut Case and remanded for further proceedings. On February 15, 2024, the Company served a renewed motion to dismiss the Consolidated Proceeding. Plaintiffs served their opposition on March 14, 2024, and the Company served its reply on April 4, 2024. The Company’s renewed motion to dismiss is now fully briefed and filed with the Court. The Court held oral argument on the Company’s motion to dismiss on August 1, 2024. The parties await a decision. One consumer class action is pending in New York Supreme Court, Nassau County, which the court has stayed in deference to the Consolidated Proceeding. The Company denies the allegations in these lawsuits and contends that its baby foods are safe and properly labeled.

The claims raised in these lawsuits were brought in the wake of a highly publicized report issued by the U.S. House of Representatives Subcommittee on Economic and Consumer Policy on Oversight and Reform, dated February 4, 2021 (the “House Report”), addressing the presence of heavy metals in baby foods made by certain manufacturers, including the Company. Since the publication of the House Report, the Company has also received information requests with respect to the advertising and quality of its baby foods from certain governmental authorities, as such authorities investigate the claims made in the House Report. The Company is fully cooperating with these requests and has provided documents and other requested information.

The Company has been named in one civil government enforcement action, State of New Mexico ex rel. Balderas v. Nurture, Inc., et al., which was filed by the New Mexico Attorney General against the Company and several other manufacturers based on the alleged presence of heavy metals in their baby food products. The Company and several other manufacturers moved to dismiss the New Mexico Attorney General’s lawsuit, and the Court denied that motion. The Company filed its answer to the New Mexico Attorney General’s amended complaint on April 23, 2022. The Company and several other manufacturers moved for reconsideration of the Court’s order denying its motion to dismiss, and the Court denied that motion as well. The Company denies the New Mexico Attorney General’s allegations and maintains that its baby foods are safe, properly labeled, and compliant with New Mexico law.

In addition to the consumer class actions discussed above, the Company is currently named in numerous lawsuits in state and federal courts alleging some form of personal injury from the ingestion of the Company’s Products, purportedly due to unsafe and undisclosed levels of various naturally occurring heavy metals. These lawsuits generally allege injuries related to neurological development disorders such as autism and attention deficit hyperactivity disorder.

Multidistrict Litigation

•

On January 4, 2024, Plaintiffs in federal cases across the country filed a Motion to Transfer Actions Pursuant to 28 U.S.C. § 1407 for Coordinated or Consolidated Pretrial Proceedings. On April 11, 2024, the United States Judicial Panel on Multidistrict Litigation granted Plaintiffs’ Motion and transferred the cases to the Northern District of California for coordinated or consolidated pretrial proceedings. In Re: Baby Food Products Liability Litigation (MDL No. 3101) has been assigned to District Judge Jacqueline Scott Corley. On April 15, 2024, Judge Corley issued Pretrial Order No. 1 staying all outstanding discovery proceedings and pending motions and vacating all previously scheduled hearing dates. There are approximately 20 federal cases filed against the Company pending in the MDL. Plaintiffs filed their Master Complaint on July 15, 2024. Motions to dismiss the Master Complaint will be due on September 16, 2024.

California State Court Cases

•

There are currently seven cases against the Company pending in California state court, including six in Los Angeles Superior Court and one in Alameda Superior Court. The Plaintiffs filed a Petition for Coordination to the Chair of the Judicial Council seeking to coordinate the Alameda Superior Court and Los Angeles Superior Court cases. The Judicial Council granted the JCCP petition on June 4, 2024. All cases, except one have been stayed.

•

In Landon R. v. The Hain Celestial Group, Inc., et al., No. 23STCV24844, in Los Angeles Superior Court, a jury trial is scheduled to begin on January 21, 2025. The parties are engaging in fact and expert discovery.

Other Cases

•

In the matter Palmquist v. The Hain Celestial Group, Inc., a jury trial commenced on February 6, 2023 in the United States District Court for the Southern District of Texas. The Company moved for Directed Verdict at the close of Plaintiffs’ case. The Court granted the Company’s motion, finding no liability for the Company. The Court entered Final Judgment in the Company’s favor on March 3, 2023. On April 3, 2023, Plaintiffs filed their Notice of Appeal in the Fifth Circuit. Plaintiffs’ appeal is fully briefed and oral argument took place before the Fifth Circuit on February 6, 2024. On May 28, 2024, the Fifth Circuit reversed the district court’s order denying Plaintiff’s motion to remand the case and vacated the final judgement of the district court. On June 25, 2024, Hain filed a petition for en banc reconsideration, which petition is under review.

The Company denies that its Products led to any of the alleged injuries and will defend these cases vigorously. That said, as is common in circumstances of this nature, additional lawsuits may be filed against the Company in the future, asserting similar or different legal theories and seeking similar or different types of damages and relief. Such lawsuits may be resolved in a manner adverse to us, and we may incur substantial costs or damages not covered by insurance, which could have a material adverse effect on our financial condition and business.

SEC Investigation

In November 2023, the staff of the SEC informed the Company it was conducting an investigation relating to Hain Celestial and requested documents primarily concerning (i) the Company’s acquisition of one business and disposition of another business and certain related accounting matters and (ii) trading activity and other matters related to the Company’s earnings guidance in certain previous fiscal years. The Company is cooperating with the SEC in this investigation.

Other

In addition to the matters described above, the Company is and may be a defendant in lawsuits from time to time in the normal course of business.

With respect to all litigation and related matters, the Company records a liability when the Company believes it is probable that a liability has been incurred and the amount can be reasonably estimated. As of June 30, 2024, the Company has not recorded a liability for any of the matters disclosed in this note. It is possible that some matters could require the Company to pay damages, incur other costs or establish accruals in amounts that could not be reasonably estimated as of the end of the period covered by this report.

Commitments and Contingencies - Additional Information (Details)	Dec. 29, 2021	Dec. 20, 2017	Aug. 17, 2016 Complaint	Jun. 30, 2024 Federalcase Case	Nov. 30, 2023 Business
Loss Contingencies [Line Items]
Temporary stay, period after court decision		30 days
Number of cases pending in MDL (approximately) \| Federalcase				20
Number of cases pending in California state court \| Case				7
Number of business acquisitions subject to SEC investigation \| Business					1
Securities Class Action Complaints
Loss Contingencies [Line Items]
Number of complaints \| Complaint			3
Barnes Complaint
Loss Contingencies [Line Items]
Temporary stay, period after court decision	30 days

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Dispositions - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Jun. 03, 2024	Apr. 08, 2024	Dec. 15, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Reduction to goodwill		$ 794
Goodwill, written off related to sale of business unit	$ 6,267	3,054
(Loss) gain on sale of assets	(4,384)	3,529	$ 9,049
Disposed of by Sale \| Queen Helene
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration to be received for sale of business				$ 750
Goodwill, written off related to sale of business unit	535
Inventory, written off related to sale of business unit	1,672
(Loss) gain on sale of assets	1,466
Disposed of by Sale \| Thinsters
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration to be received for sale of business					$ 7,700
Goodwill, written off related to sale of business unit	5,732
Intangible assets, written off related to sale of business unit	1,977
Inventory, written off related to sale of business unit	1,180
Final purchase price for sale of business					$ 7,264
(Loss) gain on sale of assets	$ 2,856
Disposed of by Sale \| Westbrae Natural
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration to be received for sale of business						$ 7,498
Goodwill, written off related to sale of business unit		3,054
(Loss) gain on sale of assets		3,488
That's How We Roll
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Reduction to goodwill		$ 794

Fair Value Measurements - Additional Information (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Abstract]
Fair value, assets, level 1 to level 2 transfers, amount	$ 0	$ 0
Fair value, assets, level 2 to level 1 transfers, amount	0	0
Fair value, liabilities, level 1 to level 2 transfers, amount	0	0
Fair value, liabilities, level 2 to level 1 transfers, amount	0	0
Fair value liabilities level 3 to level 1 transfers, amount	0	0
Fair value assets level 3 to level 1 transfers, amount	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 54,307	$ 53,364
Accounts receivable, less allowance for doubtful accounts of $1,517 and $2,750, respectively	179,190	160,948
Inventories	274,128	310,341
Prepaid expenses and other current assets	49,434	66,378
Total current assets	557,059	591,031
Property, plant and equipment, net	261,730	296,325
Goodwill	929,304	938,640
Trademarks and other intangible assets, net	244,799	298,105
Investments and joint ventures	10,228	12,798
Operating lease right-of-use assets, net	86,634	95,894
Other assets	27,794	25,846
Total assets	2,117,548	2,258,639
Current liabilities:
Accounts payable	188,220	134,780
Accrued expenses and other current liabilities	85,714	88,520
Current portion of long-term debt	7,569	7,567
Total current liabilities	281,503	230,867
Long-term debt, less current portion	736,523	821,181
Deferred income taxes	47,826	72,086
Operating lease liabilities, noncurrent portion	80,863	90,014
Other noncurrent liabilities	27,920	26,584
Total liabilities	1,174,635	1,240,732
Commitments and contingencies (Note 17)
Stockholders’ equity:
Preferred stock - $.01 par value, authorized 5,000 shares; issued and outstanding: none	0	0
Common stock - $.01 par value, authorized 150,000 shares; issued: 111,867 and 111,339 shares, respectively; outstanding: 89,846 and 89,475 shares, respectively	1,119	1,113
Additional paid-in capital	1,230,253	1,217,549
Retained earnings	577,519	652,561
Accumulated other comprehensive loss	(137,245)	(126,216)
Total stockholders' equity including treasury stock	1,671,646	1,745,007
Less: Treasury stock, at cost, 22,021 and 21,864 shares, respectively	(728,733)	(727,100)
Total stockholders’ equity	942,913	1,017,907
Total liabilities and stockholders’ equity	$ 2,117,548	$ 2,258,639

Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Payroll, employee benefits and other administrative accruals	$	43,408	$	49,564
Selling and marketing related accruals		11,485		9,569
Short-term operating lease liabilities		10,759		10,489
Other accruals		10,697		8,847
Facility, freight and warehousing accruals		9,365		10,051
	$	85,714	$	88,520

Derivatives and Hedging Activities (Tables)

12 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

As of June 30, 2024, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:


Interest Rate Derivative	Number of Instruments	Notional Amount
Interest rate swap	4	$	400,000

As of June 30, 2024, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations:


Foreign Currency Derivative	Number of Instruments	Notional Sold		Notional Purchased
Cross-currency swap	4	€	100,300	$	105,804

As of June 30, 2024, the Company had the following outstanding foreign currency derivatives that were used to hedge changes in fair value attributable to foreign exchange risk:


Foreign Currency Derivative	Number of Instruments	Notional Sold		Notional Purchased
Cross-currency swap	1	€	24,700	$	26,021

As of June 30, 2024, the following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustment for fair value hedges:


	Carrying Amount of the Hedged Asset				Cumulative Amount of Fair Value Hedge Adjustment Included in the Carrying Amount of the Hedged Asset
	Fiscal Year Ended June 30,				Fiscal Year Ended June 30,
	2024		2023		2024			2023
Intercompany loan receivable	$	26,465	$	26,945	$	(480	)	$	924

Schedule of Derivative Financial Instruments and Classification on Consolidated Balance Sheets

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2024:


	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Prepaid expenses and other current assets	$	7,455	Accrued expenses and other current liabilities	$	—
Interest rate swaps	Other noncurrent assets		5,151	Other noncurrent liabilities		—
Cross-currency swaps	Prepaid expenses and other current assets		2,376	Accrued expenses and other current liabilities		—
Cross-currency swaps	Other noncurrent assets		—	Other noncurrent liabilities		3,333
Total derivatives designated as hedging instruments		$	14,982		$	3,333

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2023:


	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Prepaid expenses and other current assets	$	8,649	Accrued expenses and other current liabilities	$	—
Interest rate swaps	Other noncurrent assets		5,974	Other noncurrent liabilities		—
Cross-currency swaps	Prepaid expenses and other current assets		2,365	Accrued expenses and other current liabilities		—
Cross-currency swaps	Other noncurrent assets		—	Other noncurrent liabilities		3,160
Total derivatives designated as hedging instruments		$	16,988		$	3,160

Schedule of Pre-Tax Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Loss

The following table presents the pre-tax effect of cash flow hedge accounting on AOCL as of June 30, 2024, 2023 and 2022:


Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain (Loss) Reclassified from AOCL into Income (Expense)	Location of Gain (Loss) Reclassified from AOCL into Income (Expense)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023		2022				2024		2023			2022
Interest rate swaps	$	7,300	$	20,413	$	1,341		Interest and other financing expense, net	$	9,348	$	6,918		$	27
Cross-currency swaps		—		—		3,129		Interest and other financing expense, net / Other expense (income), net		—		(275	)		3,296
Foreign currency forward contracts		50		80		(93	)	Cost of sales		9		—			108
	$	7,350	$	20,493	$	4,377			$	9,357	$	6,643		$	3,431

The following table presents the pre-tax effect of fair value hedge accounting on AOCL as of June 30, 2024, 2023 and 2022:


Derivatives in Fair Value Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain Reclassified from AOCL into Income on Derivatives (Amount Excluded from Effectiveness Testing)	Amount of Gain Reclassified from AOCL into Income on Derivatives (Amount Excluded from Effectiveness Testing)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023			2022			2024		2023		2022
Cross-currency swaps	$	454	$	(310	)	$	708	Interest and other financing expense, net	$	490	$	489	$	75
	$	454	$	(310	)	$	708		$	490	$	489	$	75

Schedule of Pre-Tax Effect of Derivative Financial Instruments Electing Cash Flow Hedge Accounting on Consolidated Statements of Operations


	Location and Amount of Gain (Loss) Recognized in the Consolidated Statements of Operations on Cash Flow Hedging Relationships
	Fiscal Year Ended June 30, 2024						Fiscal Year Ended June 30, 2023							Fiscal Year Ended June 30, 2022
	Cost of sales		Interest and other financing expense, net		Other expense (income), net		Cost of sales		Interest and other financing expense, net			Other expense (income), net		Cost of sales		Interest and other financing expense, net		Other expense (income), net
The effects of cash flow hedging:
Gain (loss) on cash flow hedging relationships
Interest rate swaps
Amount of gain reclassified from AOCL into income	$	—	$	9,348	$	—	$	—	$	6,918		$	—	$	—	$	27	$	—
Cross-currency swaps
Amount of (loss) gain reclassified from AOCL into (expense) income	$	—	$	—	$	—	$	—	$	(275	)	$	—	$	—	$	78	$	3,218
Foreign currency forward contracts
Amount of gain reclassified from AOCL into income	$	—	$	9	$	—	$	—	$	—		$	—	$	108	$	—	$	—


	Location and Amount of Gain (Loss) Recognized in the Consolidated Statements of Operations on Fair Value Hedging Relationships
	Fiscal Year Ended June 30, 2024						Fiscal Year Ended June 30, 2023							Fiscal Year Ended June 30, 2022
	Cost of sales		Interest and other financing expense, net		Other expense (income), net		Cost of sales		Interest and other financing expense, net			Other expense (income), net		Cost of sales		Interest and other financing expense, net		Other expense (income), net
The effects of fair value hedging:
Gain on fair value hedging relationships
Cross-currency swaps
Amount of gain (loss) reclassified from AOCL into income (expense)	$	—	$	970	$	—	$	—	$	(557	)	$	—	$	—	$	75	$	122

Schedule of Pre-Tax Effect of Net Investment Hedges on Accumulated Other Comprehensive Loss and the Consolidated Statements of Operations


Derivatives in Net Investment Hedging Relationships	Amount of Gain (Loss) Recognized in AOCL on Derivatives							Location of Gain Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing)	Amount of Gain Recognized in Income on Derivatives (Amount Excluded from Effectiveness Testing)
	Fiscal Year Ended June 30,								Fiscal Year Ended June 30,
	2024		2023			2022			2024		2023		2022
Cross-currency swaps	$	1,843	$	(1,279	)	$	12,599	Interest and other financing expense, net	$	1,969	$	1,963	$	772

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References + Details

Defined Contribution Plans - Additional Information (Details) £ in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2024 GBP (£)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
United States
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan eligibility minimum days worked (days)	30 days	30 days
Defined contribution plan, costs		$ 2,560	$ 2,307	$ 2,091
Retirement plan expense		2,675	2,457	2,141
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Retirement plan expense		$ 2,421	$ 2,096	$ 2,379
Minimum employee salary earnings \| £	£ 10

Segment Information

12 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Segment Information

20.

SEGMENT INFORMATION

The Company’s organizational structure consists of two geographic based reportable segments: North America and International, which are also the operating segments. This structure is in line with how the Company’s Chief Operating Decision Maker (“CODM”) assesses the Company’s performance and allocates resources. The Company uses segment net sales and segment Adjusted EBITDA in order to analyze segment results and trends.

Segment Adjusted EBITDA excludes: net interest expense, income taxes, depreciation and amortization, equity in net loss of equity-method investees, stock-based compensation, net, unrealized currency losses, certain litigation and related costs, plant closure related costs, net, productivity and transformation costs, warehouse and manufacturing consolidation and other costs, net, costs associated with acquisitions, divestitures and other transactions, loss (gain) on sale of assets, intangibles and long-lived asset impairments and other adjustments. In addition, Segment Adjusted EBITDA does not include Corporate and Other expenses related to the Company’s centralized administrative functions, which do not specifically relate to a reportable segment. Such Corporate and Other expenses are comprised mainly of compensation and related expenses of certain of the Company’s senior executive officers and other employees who perform duties related to the entire enterprise, litigation expense and expenses for certain professional fees, facilities, and other items which benefit the Company as a whole.


	Fiscal Year Ended June 30,
	2024			2023			2022
Net Sales:
North America	$	1,055,527		$	1,139,162		$	1,163,132
International		680,759			657,481			728,661
	$	1,736,286		$	1,796,643		$	1,891,793

Segment Adjusted EBITDA:
North America	$	98,728		$	123,443		$	122,235
International		94,974			82,945			110,073
Total Reportable Segments Adjusted EBITDA		193,702			206,388			232,308
Corporate and Other		(39,180	)		(39,766	)		(31,692	)
		154,522			166,622			200,616
Depreciation and amortization		(44,665	)		(50,777	)		(46,849	)
Equity in net loss of equity-method investees		(2,581	)		(1,134	)		(2,902	)
Interest expense, net		(54,232	)		(43,936	)		(10,226	)
Benefit (provision) for income taxes		7,820			14,178			(22,716	)
Stock-based compensation, net		(12,704	)		(14,423	)		(15,611	)
Unrealized currency (losses) gains		(17	)		(929	)		2,259
Certain litigation expenses, net(a)		(7,262	)		1,369			(7,687	)
Restructuring activities
Productivity and transformation costs		(27,741	)		(7,284	)		(8,803	)
Plant closure related costs, net		(5,251	)		(94	)		(929	)
Warehouse/manufacturing consolidation and other costs, net		(995	)		(1,026	)		(2,721	)
CEO succession		—			(5,113	)		—
Acquisitions, divestitures and other
Transaction and integration costs, net		34			(2,018	)		(14,055	)
(Loss) gain on sale of assets		(4,384	)		3,529			9,049
Impairment charges
Intangibles and long-lived asset impairment		(76,143	)		(175,501	)		(1,903	)
Other		(1,443	)		—			351
Net (loss) income	$	(75,042	)	$	(116,537	)	$	77,873

(a) Expenses and items relating to securities class action, baby food litigation and SEC investigation.

The Company’s net sales by product category are as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
Snacks	$	463,261	$	486,411	$	462,573
Baby & Kids		252,481		284,834		281,018
Beverages		253,008		239,199		292,514
Meal preparation		662,116		653,114		676,683
Personal care		105,420		133,085		179,005
	$	1,736,286	$	1,796,643	$	1,891,793

The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiary, are as follows:


	Fiscal Year Ended June 30,
	2024		2023		2022
United States	$	940,367	$	1,025,988	$	1,037,082
United Kingdom		497,150		477,400		500,949
Western Europe		183,609		180,080		227,712
Canada		115,160		113,175		126,050
	$	1,736,286	$	1,796,643	$	1,891,793

The Company’s long-lived assets, which primarily represent net property, plant and equipment, net and operating lease right-of-use assets, net by geographic region are as follows:


	Fiscal Year Ended June 30,
	2024		2023
United States	$	137,398	$	162,798
United Kingdom		125,945		134,908
Western Europe		66,785		72,016
Canada		18,236		22,497
	$	348,364	$	392,219

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/280/tableOfContent

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

+ Details

(Loss) Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net (Loss) Income Per Share

The following table sets forth the computation of basic and diluted net (loss) income per share on the consolidated statements of operations:


	Fiscal Year Ended June 30,
	2024			2023			2022
Numerator:
Net (loss) income	$	(75,042	)	$	(116,537	)	$	77,873

Denominator:
Basic weighted average shares outstanding		89,750			89,396			92,989
Effect of dilutive stock options, unvested restricted share units and unvested performance share units		—			—			356
Diluted weighted average shares outstanding		89,750			89,396			93,345

Basic net (loss) income per common share	$	(0.84	)	$	(1.30	)	$	0.84
Diluted net (loss) income per common share	$	(0.84	)	$	(1.30	)	$	0.83

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Assets:
Derivative financial instruments	$ 14,982	$ 16,988
Liabilities:
Derivative financial instruments	3,333	3,160
Quoted prices in active markets (Level 1)
Assets:
Derivative financial instruments	0	0
Liabilities:
Derivative financial instruments	0	0
Significant other observable inputs (Level 2)
Assets:
Derivative financial instruments	14,982	16,988
Liabilities:
Derivative financial instruments	3,333	3,160
Significant unobservable inputs (Level 3)
Assets:
Derivative financial instruments	0	0
Liabilities:
Derivative financial instruments	$ 0	$ 0

Derivatives and Hedging Activities - Schedule of Derivative Information (Details) € in Thousands, $ in Thousands	Jun. 30, 2024 EUR (€) Instrument	Jun. 30, 2024 USD ($) Instrument
Interest Rate Swap \| Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of instruments \| Instrument	4	4
Notional amount \| $		$ 400,000
Cross-currency swap \| Net Investment Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of instruments \| Instrument	4	4
Cross-currency swap \| Net Investment Hedging \| Short
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount \| €	€ 100,300
Cross-currency swap \| Net Investment Hedging \| Long
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount \| $		$ 105,804
Cross-currency swap \| Fair Value Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of instruments \| Instrument	1	1
Cross-currency swap \| Fair Value Hedging \| Short
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount \| €	€ 24,700
Cross-currency swap \| Fair Value Hedging \| Long
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount \| $		$ 26,021

Income Taxes - Schedule of Reconciliation of U.S Federal Statutory Rate to Effective Rate on (loss) Income before (Benefit) Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Effective Income Tax Rate Reconciliation, Amount
Expected United States federal income tax at statutory rate	$ (16,857)	$ (27,233)	$ 21,733
State income taxes, net of federal (benefit) provision	(5,060)	(4,866)	1,227
U.S. tax on foreign earnings	266	1,946	2,404
Foreign income at different rates	(313)	(905)	(576)
Change in valuation allowance	15,075	14,935	(220)
Change in reserves for uncertain tax positions	2,044	637	(997)
Change in foreign tax rate		0	(341)
Stock Compensation	945
Return to provision	(4,274)
Loss on disposal of subsidiary	(1,116)
Other	1,470	1,308	(514)
(Benefit) provision for income taxes	$ (7,820)	$ (14,178)	$ 22,716
Effective Income Tax Rate Reconciliation, Percent
Expected United States federal income tax at statutory rate	21.00%	21.00%	21.00%
State income taxes, net of federal (benefit) provision	6.30%	3.80%	1.20%
U.S. tax on foreign earnings	(0.30%)	(1.50%)	2.30%
Foreign income at different rates	0.30%	0.70%	(0.60%)
Change in valuation allowance	(18.80%)	(11.50%)	(0.20%)
Change in reserves for uncertain tax positions	(2.50%)	(0.50%)	(1.00%)
Change in foreign tax rate			(0.30%)
Loss on disposal of subsidiary	1.40%
Stock Compensation	(1.20%)
Return to provision	5.30%
Other	(1.80%)	(1.10%)	(0.40%)
(Benefit) provision for income taxes	9.70%	10.90%	22.00%

Property, Plant and Equipment, Net - Schedule of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 520,705	$ 537,843
Less: Accumulated depreciation	258,975	241,518
Property, plant and equipment, net	261,730	296,325
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,381	11,453
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	57,030	55,354
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	325,174	335,912
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	54,139	54,192
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	20,943	20,722
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	39,255	49,394
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 12,783	$ 10,816

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (75,042)	$ (116,537)	$ 77,873
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	44,665	50,777	46,849
Deferred income taxes	(23,361)	(25,953)	9,020
Equity in net loss of equity-method investees	2,581	1,134	2,902
Stock-based compensation, net	12,704	14,423	15,611
Intangibles and long-lived asset impairment	76,143	175,501	1,903
Loss (gain) on sale of assets	3,634	(3,529)	(8,588)
Other non-cash items, net	1,104	(1,271)	(1,608)
(Decrease) increase in cash attributable to changes in operating assets and liabilities:
Accounts receivable	(18,963)	13,067	(5,347)
Inventories	31,471	189	(25,272)
Other current assets	14,106	(2,831)	(10,459)
Other assets and liabilities	(3,292)	2,546	(2,704)
Accounts payable and accrued expenses	50,605	(40,697)	(19,939)
Net cash provided by operating activities	116,355	66,819	80,241
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment	(33,461)	(27,879)	(39,965)
Acquisitions of businesses, net of cash acquired	0	0	(259,985)
Investments and joint ventures, net	0	433	(694)
Proceeds from sale of assets	9,539	7,806	12,335
Net cash used in investing activities	(23,922)	(19,640)	(288,309)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings under bank revolving credit facility	186,000	328,000	759,000
Repayments under bank revolving credit facility	(252,000)	(380,000)	(396,000)
Borrowings under term loan	0	0	300,000
Repayments under term loan	(18,200)	(7,500)	(3,750)
Payments of other debt, net	(3,896)	(2,145)	(3,320)
Share repurchases	0	0	(410,480)
Employee shares withheld for taxes	(1,633)	(1,415)	(32,663)
Net cash (used in) provided by financing activities	(89,729)	(63,060)	212,787
Effect of exchange rate changes on cash	(1,761)	3,733	(15,078)
Net increase (decrease) in cash and cash equivalents	943	(12,148)	(10,359)
Cash and cash equivalents at beginning of year	53,364	65,512	75,871
Cash and cash equivalents at end of year	$ 54,307	$ 53,364	$ 65,512

Description of Business and Basis of Presentation - Additional Information (Details)	12 Months Ended
	Jun. 30, 2024 Segment Country
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments \| Segment	2
Number of countries product marketed and sold \| Country	70

Segment Information - Schedule of Segment Reporting Information (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 1,736,286	$ 1,796,643	$ 1,891,793
Snacks
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	463,261	486,411	462,573
Baby & Kids
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	252,481	284,834	281,018
Beverages
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	253,008	239,199	292,514
Meal preparation
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	662,116	653,114	676,683
Personal Care
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 105,420	$ 133,085	$ 179,005

- Definition

+ References

+ Details

Accrued Expenses and Other Current Liabilities

12 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Accrued Expenses and Other Current Liabilities

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Payroll, employee benefits and other administrative accruals	$	43,408	$	49,564
Selling and marketing related accruals		11,485		9,569
Short-term operating lease liabilities		10,759		10,489
Other accruals		10,697		8,847
Facility, freight and warehousing accruals		9,365		10,051
	$	85,714	$	88,520

Debt and Borrowings

12 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

DEBT AND BORROWINGS

10.

DEBT AND BORROWINGS

Debt and borrowings consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023
Revolving credit facility	$	475,000		$	541,000
Term loans		270,550			288,750
Less: Unamortized issuance costs		(1,680	)		(1,307	)
Other borrowings(1)		222			305
		744,092			828,748
Short-term borrowings and current portion of long-term debt(2)		7,569			7,567
Long-term debt, less current portion	$	736,523		$	821,181

(1)

Includes $222 (2023: $305) of finance lease obligations as discussed in Note 7, Leases.

(2)

Includes $85 (2023: $83) of short-term finance lease obligations as discussed in Note 7, Leases.

On August 22, 2023, the Company entered into a Second Amendment (the “Second Amendment”) to the Credit Agreement (as amended, the “Credit Agreement”). The Credit Agreement provides for senior secured financing of $1,100 million in the aggregate, consisting of (1) $300 million in aggregate principal amount of term loans (the “Term Loans”) and (2) an $800 million senior secured revolving credit facility (which includes borrowing capacity available for letters of credit, and is comprised of a $440 million U.S. revolving credit facility and $360 million global revolving credit facility) (the “Revolver”). Both the Revolver and the Term Loans mature on December 22, 2026. The Company’s obligations under the Credit Agreement are guaranteed by certain existing and future domestic subsidiaries of the Company and are secured by liens on assets of the Company and its material domestic subsidiaries, including the equity interest in each of their direct subsidiaries and intellectual property, subject to agreed-upon exceptions.

The Credit Agreement includes financial covenants that require compliance with a consolidated secured leverage ratio, a consolidated leverage ratio and a consolidated interest coverage ratio. Pursuant to the Second Amendment, the Company’s maximum consolidated secured leverage ratio was amended to be 5.00:1.00 until September 30, 2023, 5.25:1.00 until December 31, 2023 and 5.00:1.00 until December 31, 2024 (the period of time during which such maximum consolidated secured leverage ratios are in effect, the “Second Amendment Period”). Following the Second Amendment Period, the maximum consolidated secured leverage ratio will be 4.25:1.00, subject to possible temporary increase following certain corporate acquisitions. Pursuant to the Credit Agreement, the Company’s maximum consolidated leverage ratio is 6.00:1.00. Pursuant to the Second Amendment, the Company’s minimum interest coverage ratio was amended to be 2.50:1.00.

During the Second Amendment Period, loans under the Credit Agreement bears interest at (a) Term SOFR plus 2.5% per annum or (b) the Base Rate plus 1.5% per annum. Following the Second Amendment Period, loans bear interest at rates based on (a) Term SOFR plus a rate ranging from 1.125% to 2.0% per annum or (b) the Base Rate plus a rate ranging from 0.125% to 1.0% per annum, the relevant rate in each case being the Applicable Rate. The Applicable Rate following the Second Amendment Period is determined in accordance with a leverage-based pricing grid, as set forth in the Credit Agreement as amended by the Second Amendment. Excluding the impact of hedges, the weighted average interest rate on outstanding borrowings under the Credit Agreement at June 30, 2024 was 7.97%. During fiscal 2022, the Company used interest rate swaps to hedge a portion of the interest rate risk related its outstanding variable rate debt. As of June 30, 2024, the notional amount of the interest rate swaps was $400 million with fixed rate payments of 5.60%. Including the impact of hedges, the weighted average interest rate on outstanding borrowings under the Credit Agreement at June 30, 2024 was 6.83%. Additionally, the Credit Agreement contains a Commitment Fee (as defined in the Credit Agreement) on the amount unused under the Credit Agreement ranging from 0.15% to 0.25% per annum, and such Commitment Fee is determined in accordance with a leverage-based pricing grid.

As of June 30, 2024, there were $475,000 of loans under the Revolver, $270,550 of Term Loans, and $3,247 of letters of credit outstanding under the Credit Agreement. As of June 30, 2024, $321,753 was available under the Credit Agreement, subject to compliance with the financial covenants. As of June 30, 2024, the Company was in compliance with all associated covenants.

Credit Agreement Issuance Costs

In connection with the First Amendment to its Credit Agreement during the second quarter of fiscal year 2023, the Company incurred debt issuance costs of approximately $1,987, of which $1,916 was deferred. Of the total deferred costs, $1,396 were associated with the Revolver and are being amortized on a straight-line basis within other assets on the consolidated balance sheets, and $520 are being amortized on a straight-line basis, which approximates the effective interest method, as an adjustment to the carrying amount of the Term Loans as a component of Interest and other financing expense, net over the term of the Credit Agreement.

In connection with the Second Amendment to its Credit Agreement during the first quarter of fiscal year 2024, the Company incurred debt issuance costs of approximately $3,854, of which $3,813 was deferred. Of the total deferred costs, $2,802 were associated with the Revolver and are being amortized on a straight-line basis within other assets on the consolidated balance sheets, and $1,011 are being recorded as an adjustment to the carrying amount of the Term Loans as a component of Interest and other financing expense, net over the term of the Credit Agreement utilizing the effective interest rate method.

Maturities of all debt instruments, excluding unamortized issuance costs, at June 30, 2024, are as follows:


Due in Fiscal Year	Amount
2025	$	7,585
2026		7,563
2027		730,624
Total debt and borrowings	$	745,772

Interest paid during the fiscal years ended June 30, 2024, 2023 and 2022 amounted to $52,456, $41,698 and $9,926, respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Derivatives and Hedging Activities - Schedule of Balance Sheet Location (Details) - Designated as Hedging Instrument - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	$ 14,982	$ 16,988
Derivative liability, fair value	3,333	3,160
Prepaid expenses and other current assets \| Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	7,455	8,649
Prepaid expenses and other current assets \| Cross-currency swaps
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	2,376	2,365
Other noncurrent assets \| Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	5,151	5,974
Other noncurrent assets \| Cross-currency swaps
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	0	0
Accrued expenses and other current liabilities \| Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	0
Accrued expenses and other current liabilities \| Cross-currency swaps
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	0
Other noncurrent liabilities \| Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	0
Other noncurrent liabilities \| Cross-currency swaps
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	$ 3,333	$ 3,160

Stock-Based Compensation and Incentive Performance Plans - Schedule of All Stock-Based Award Activity (Details) - RSUs and PSUs - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Number of Shares and Units
Non-vested at beginning of period - RSUs and PSUs (shares)	1,288	790	1,780
Granted (shares)	1,768	1,242	873
Vested (shares)	(528)	(250)	(1,583)
Forfeited (shares)	(363)	(494)	(280)
Non-vested at end of period - RSUs and PSUs (shares)	2,165	1,288	790
Weighted Average Grant Date Fair Value (per share)
Non-vested at beginning of period - RSUs and PSUs (USD per share)	$ 26.37	$ 42.44	$ 16.55
Granted (USD per share)	11.83	20.34	43.55
Vested (USD per share)	27.38	36.23	15.61
Forfeited (USD per share)	19.13	31.92	32.98
Non-vested at end of period - RSUs and PSUs (USD per share)	$ 15.03	$ 26.37	$ 42.44

Leases - Summary of Other Information (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating lease, liability, decrease from modification	$ 9,375	$ 17,244
Operating lease right of use asset decrease from modification	$ 9,375	13,876
Gain modification of operating lease		$ 3,368

Inventories

12 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Finished goods	$	178,150	$	192,007
Raw materials, work-in-progress and packaging		95,978		118,334
	$	274,128	$	310,341

Leases - Schedule of Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating lease ROU assets, net	$ 86,634	$ 95,894
Finance lease ROU assets, net	206	289
Total leased assets	86,840	96,183
Current operating liabilities	10,759	10,489
Current finance liabilities	85	83
Non-current operating liabilities	80,863	90,014
Non-current finance liabilities	137	222
Total lease liabilities	$ 91,844	$ 100,808
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued Expenses And Other Current Liabilities	Accrued Expenses And Other Current Liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation, Current	Long-Term Debt and Lease Obligation, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation	Long-Term Debt and Lease Obligation

Goodwill and Other Intangible Assets - Schedule of Changes in Carrying Amount of Goodwill (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Goodwill [Line Items]
Accumulated impairment charge			$ 134,277
Reduction to goodwill		$ 794
Divestiture	$ 6,267	3,054
North America
Goodwill [Line Items]
Accumulated impairment charge			7,700
Reduction to goodwill		794
Divestiture	6,267	3,054
International
Goodwill [Line Items]
Accumulated impairment charge			$ 126,577
Thinsters \| North America
Goodwill [Line Items]
Divestiture	5,732
Queen Helene \| North America
Goodwill [Line Items]
Divestiture	535
Disposed of by Sale \| Westbrae Natural
Goodwill [Line Items]
Divestiture		3,054
Disposed of by Sale \| Thinsters
Goodwill [Line Items]
Divestiture	5,732
Disposed of by Sale \| Queen Helene
Goodwill [Line Items]
Divestiture	$ 535
That's How We Roll
Goodwill [Line Items]
Reduction to goodwill		$ 794

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Net sales	$ 1,736,286	$ 1,796,643	$ 1,891,793
Cost of sales	1,355,454	1,400,229	1,464,352
Gross profit	380,832	396,414	427,441
Selling, general and administrative expenses	290,116	289,233	300,469
Intangibles and long-lived asset impairment	76,143	175,501	1,903
Productivity and transformation costs	27,741	7,284	10,174
Amortization of acquired intangible assets	5,780	10,016	10,214
Operating (loss) income	(18,948)	(85,620)	104,681
Interest and other financing expense, net	57,213	45,783	12,570
Other expense (income), net	4,120	(1,822)	(11,380)
(Loss) income before income taxes and equity in net loss of equity-method investees	(80,281)	(129,581)	103,491
(Benefit) provision for income taxes	(7,820)	(14,178)	22,716
Equity in net loss of equity-method investees	2,581	1,134	2,902
Net (loss) income	$ (75,042)	$ (116,537)	$ 77,873
Net (loss) income per common share:
Basic (USD per share)	$ (0.84)	$ (1.3)	$ 0.84
Diluted (USD per share)	$ (0.84)	$ (1.3)	$ 0.83
Shares used in the calculation of net (loss) income per common share:
Basic (shares)	89,750	89,396	92,989
Diluted (shares)	89,750	89,396	93,345

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Charged to costs and expenses	$ 15,075	$ 14,935
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	2,750	1,731	$ 1,314
Charged to costs and expenses	1,066	1,450	1,292
Deductions	(2,299)	(431)	(875)
Balance at end of period	1,517	2,750	1,731
Valuation allowance for deferred tax assets
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	52,551	36,891	37,453
Charged to costs and expenses	18,998	23,212	784
Deductions	(3,923)	(7,552)	(1,346)
Balance at end of period	$ 67,626	$ 52,551	$ 36,891

Leases - Schedule of Lease Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Operating lease expenses	$ 17,446	$ 18,173	$ 15,911
Finance lease expenses	147	227	251
Variable lease expenses	723	740	1,010
Short-term lease expenses	1,565	2,003	3,394
Total lease expenses	$ 19,881	$ 21,143	$ 20,566

Summary of Significant Accounting Policies and Practices - Summary of Property, Plant, And Equipment Useful Lives (Details)	Jun. 30, 2024
Minimum \| Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	10 years
Minimum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	3 years
Minimum \| Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	3 years
Maximum \| Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	40 years
Maximum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	20 years
Maximum \| Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, useful life (in years)	15 years

Stock-Based Compensation and Incentive Performance Plans - Schedule of Compensation Cost And Related Income Tax Benefits Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Related income tax benefit	$ 1,409	$ 1,734	$ 1,574
Selling, general and administrative expense
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 12,704	$ 14,423	$ 15,611

(Loss) Earnings Per Share - Schedule of Computation of Basic and Diluted Net (Loss) Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net (loss) income	$ (75,042)	$ (116,537)	$ 77,873
Denominator:
Basic weighted average shares outstanding (shares)	89,750	89,396	92,989
Effect of dilutive stock options, unvested restricted share units and unvested performance share units (shares)	0	0	356
Diluted weighted average shares outstanding (shares)	89,750	89,396	93,345
Basic net (loss) income per common share	$ (0.84)	$ (1.3)	$ 0.84
Diluted net (loss) income per common share	$ (0.84)	$ (1.3)	$ 0.83

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Summary of Components of (loss) Income Before Income Taxes

The components of (loss) income before income taxes and equity in net loss of equity-method investees were as follows:


	Fiscal Year Ended June 30,
	2024			2023			2022
Domestic	$	(148,014	)	$	(183,601	)	$	24,541
Foreign		67,733			54,020			78,950
Total	$	(80,281	)	$	(129,581	)	$	103,491

Summary of the (Benefit) Provision for Income Taxes

The (benefit) provision for income taxes consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023			2022
Current:
Federal	$	(55	)	$	3,103		$	(197	)
State and local		616			953			179
Foreign		14,980			7,719			13,714
		15,541			11,775			13,696
Deferred:
Federal		(23,403	)		(23,551	)		6,237
State and local		(2,386	)		271			(463	)
Foreign		2,428			(2,673	)		3,246
		(23,361	)		(25,953	)		9,020
Total	$	(7,820	)	$	(14,178	)	$	22,716

Schedule of Reconciliation of U.S Federal Statutory Rate to Effective Rate on (loss) Income before (Benefit) Provision for Income Taxes

The reconciliation of the U.S. federal statutory rate to the Company’s effective rate on (loss) income before (benefit) provision for income taxes is as follows:


	Fiscal Year Ended June 30,
	2024			%			2023			%			2022			%
Expected United States federal income tax at statutory rate	$	(16,857	)		21.0	%	$	(27,233	)		21.0	%	$	21,733			21.0	%
State income taxes, net of federal (benefit) provision		(5,060	)		6.3	%		(4,866	)		3.8	%		1,227			1.2	%
U.S. tax on foreign earnings		266			(0.3	)%		1,946			(1.5	)%		2,404			2.3	%
Foreign income at different rates		(313	)		0.3	%		(905	)		0.7	%		(576	)		(0.6	)%
Change in valuation allowance(a)		15,075			(18.8	)%		14,935			(11.5	)%		(220	)		(0.2	)%
Change in reserves for uncertain tax positions		2,044			(2.5	)%		637			(0.5	)%		(997	)		(1.0	)%
Change in foreign tax rate		—			—	%		—			—	%		(341	)		(0.3	)%
Loss on disposal of subsidiary		(1,116	)		1.4	%		—			—	%		—			—	%
Stock-based compensation	945				(1.2	)%		—			—	%		—			—	%
Return to provision		(4,274	)		5.3	%		—			—	%		—			—	%
Other		1,470			(1.8	)%		1,308			(1.1	)%		(514	)		(0.4	)%
(Benefit) provision for income taxes	$	(7,820	)		9.7	%	$	(14,178	)		10.9	%	$	22,716			22.0	%

Components of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consisted of the following:


	Fiscal Year Ended June 30,
	2024			2023
Noncurrent deferred tax assets (liabilities):
Basis difference on inventory	$	4,884		$	5,130
Reserves not currently deductible		8,386			11,045
Basis difference on intangible assets		(62,549	)		(73,635	)
Basis difference on property and equipment		(14,946	)		(20,255	)
Other comprehensive income		(2,887	)		(3,498	)
Net operating loss and tax credit carryforwards		67,186			50,807
Stock-based compensation		1,591			1,937
Unremitted earnings of foreign subsidiaries		(1,873	)		(1,989	)
Operating lease liability		18,615			20,203
Lease ROU assets		(17,309	)		(19,113	)
Other		18,702			9,833
Valuation allowances		(67,626	)		(52,551	)
Noncurrent deferred tax liabilities, net	$	(47,826	)	$	(72,086	)

Summary of Changes in Valuation Allowances

The changes in valuation allowances against deferred income tax assets were as follows:


	Fiscal Year Ended June 30,
	2024			2023
Balance at beginning of year	$	52,551		$	36,891
Additions charged to income tax expense		18,998			23,212
Reductions credited to income tax expense		(3,858	)		(8,514	)
THWR purchase accounting		—			291
Currency translation adjustments		(65	)		671
Balance at end of year	$	67,626		$	52,551

Schedule of Unrecognized Tax Benefits, Including Interest and Penalties Activity

Unrecognized tax benefits activity, including interest and penalties, is summarized below:


	Fiscal Year Ended June 30,
	2024		2023			2022
Balance at beginning of year	$	23,967	$	21,901		$	22,870
Additions based on tax positions related to the current year		1,906		1,519			273
Additions based on tax positions related to prior years		187		815			304
Reductions due to lapse in statute of limitations and settlements		—		(268	)		(1,546	)
Balance at end of year	$	26,060	$	23,967		$	21,901

Segment Information - Additional Information (Details)	12 Months Ended
Segment Information - Additional Information (Details)	Jun. 30, 2024 Segment
Segment Reporting [Abstract]
Number of reportable segments	2
Number of operating segments	2

Summary of Significant Accounting Policies and Practices - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Accounting Policies [Abstract]
Proceeds from the sale of receivables in a financing arrangement	$ 284,891	$ 380,683	$ 170,737
Research and development costs	5,366	6,379	9,416
Advertising costs	34,736	38,838	41,032
Proceeds from insurance claim	$ 1,297	$ 8,594	$ 196
Gain On Business Interruption Insurance Recovery Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag	proceeds from insurance claims	proceeds from insurance claims	proceeds from insurance claims

Goodwill and Other Intangible Assets - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Goodwill [Line Items]
Beginning balance, goodwill	$ 938,640	$ 933,796
Acquisition		(794)
Divestiture	(6,267)	(3,054)
Translation	(3,069)	8,692
Ending balance, goodwill	929,304	938,640
North America
Goodwill [Line Items]
Beginning balance, goodwill	697,053	695,715
Acquisition		(794)
Divestiture	(6,267)	(3,054)
Translation	(1,318)	5,186
Ending balance, goodwill	689,468	697,053
International
Goodwill [Line Items]
Beginning balance, goodwill	241,587	238,081
Translation	(1,751)	3,506
Ending balance, goodwill	$ 239,836	$ 241,587

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-49

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482598/350-20-45-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

+ Details

Derivatives and Hedging Activities - Schedule of Fair Value Hedges and Accumulated Other Comprehensive Loss (Details) - Fair Value Hedging - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	$ 454	$ (310)	$ 708
Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Net Gain Loss From Fair Value Hedges Attributable To Parent
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest and other financing expense, net	490	489	75
Cross-currency swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain (Loss) Recognized in AOCL on Derivatives	454	(310)	708
Cross-currency swaps \| Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Net Gain Loss From Fair Value Hedges Attributable To Parent
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest and other financing expense, net	490	489	75
Cross-currency swaps \| Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Net Gain Loss From Fair Value Hedges Attributable To Parent \| Cost of sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain (loss) reclassified from AOCL into income (expense)	0	0	0
Cross-currency swaps \| Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Net Gain Loss From Fair Value Hedges Attributable To Parent \| Interest and other financing expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain (loss) reclassified from AOCL into income (expense)	970	(557)	75
Cross-currency swaps \| Reclassification out of Accumulated Other Comprehensive Income \| Accumulated Net Gain Loss From Fair Value Hedges Attributable To Parent \| Other expense (income), net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain (loss) reclassified from AOCL into income (expense)	$ 0	$ 0	$ 122

Stock-Based Compensation and Incentive Performance Plans - Restricted Stock Grant Information (Details) - RSUs and PSUs - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs and PSUs granted	$ 20,726	$ 25,258	$ 38,005
Fair value of RSUs and PSUs vested	5,545	4,684	71,376
Tax benefit recognized from RSUs and PSUs vesting	$ 673	$ 631	$ 3,658

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-1D

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(v)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Derivatives and Hedging Activities - Schedule of Fair Value Hedges (Details) - Intercompany loan receivable - Fair Value Hedging - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of the Hedged Asset	$ 26,465	$ 26,945
Cumulative Amount of Fair Value Hedge Adjustment Included in the Carrying Amount of the Hedged Asset	$ (480)	$ 924

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table shows the changes in the carrying amount of goodwill by reportable segment:


	North America			International			Total
Balance as of June 30, 2022(1)	$	695,715		$	238,081		$	933,796
Acquisition(2)		(794	)		—			(794	)
Divestiture(3)		(3,054	)		—			(3,054	)
Translation		5,186			3,506			8,692
Balance as of June 30, 2023		697,053			241,587			938,640
Divestiture(4)		(6,267	)					(6,267	)
Translation		(1,318	)		(1,751	)		(3,069	)
Balance as of June 30, 2024	$	689,468		$	239,836		$	929,304

(1)

(2)

During the fiscal year ended June 30, 2023, the Company finalized purchase accounting related to “That's How We Roll” (“THWR”) resulting in a $794 reduction to goodwill.

(3)

(4)

Schedule of Balance Sheet Information for Intangible Assets, Excluding Goodwill

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:


	Fiscal Year Ended June 30,
	2024			2023
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	195,237		$	250,860
Amortized intangible assets:
Other intangibles(2)(3)		167,886			161,874
Less: Accumulated amortization		(118,324	)		(114,629	)
Net amortized intangible assets	$	49,562		$	47,245
Net other intangible assets	$	244,799		$	298,105

(1)

The gross carrying value of trademarks and tradenames is reflected net of $251,551 and $223,981 of accumulated impairment charges as of June 30, 2024 and 2023, respectively.

(2)

(3)

Schedule of Non-Cash Impairment Charges


	Fiscal Year Ended June 30,
	2024		2023
Personal care tradenames (Alba Botanica®, Avalon Organics®, and JASON®)	$	12,815	$	—
Thinsters® trademark and customer relationships		10,797		8,500
ParmCrisps® customer relationships		10,586		45,798
ParmCrisps® trademark		8,000		102,000
Happy™ and Joya® trademarks		2,260		4,691
Queen Helene®		—		9,150
Imagine®		—		4,767
Other		144		—
	$	44,602	$	174,906

Schedule of Expected Amortization Expense


	Fiscal Year Ending June 30,
	2025		2026		2027		2028		2029
Estimated amortization expense	$	7,197	$	6,205	$	6,120	$	5,187	$	4,747

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

+ Details

Transformation Program Hain Reimagined - Schedule of Restructuring Activity and Liability Balances (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Charges	$ 60,248
Amounts Paid	(26,636)
Non-cash settlements/Adjustments	(27,292)
Restructuring reserve	6,320
Employee Severance
Restructuring Cost and Reserve [Line Items]
Charges	7,012
Amounts Paid	(4,992)
Non-cash settlements/Adjustments	(35)
Restructuring reserve	1,985
Contract Termination
Restructuring Cost and Reserve [Line Items]
Charges	5,439
Amounts Paid	(4,757)
Non-cash settlements/Adjustments	(335)
Restructuring reserve	347
Asset Write Downs
Restructuring Cost and Reserve [Line Items]
Charges	26,922
Non-cash settlements/Adjustments	(26,922)
Other Restructuring
Restructuring Cost and Reserve [Line Items]
Charges	20,875
Amounts Paid	(16,887)
Restructuring reserve	3,988
Executive Officer Succession
Restructuring Cost and Reserve [Line Items]
Severance Costs	$ 1,130

(Loss) Earnings Per Share

12 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

(Loss) Earnings Per Share

(LOSS) EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net (loss) income per share on the consolidated statements of operations:


	Fiscal Year Ended June 30,
	2024			2023			2022
Numerator:
Net (loss) income	$	(75,042	)	$	(116,537	)	$	77,873

Denominator:
Basic weighted average shares outstanding		89,750			89,396			92,989
Effect of dilutive stock options, unvested restricted share units and unvested performance share units		—			—			356
Diluted weighted average shares outstanding		89,750			89,396			93,345

Basic net (loss) income per common share	$	(0.84	)	$	(1.30	)	$	0.84
Diluted net (loss) income per common share	$	(0.84	)	$	(1.30	)	$	0.83

Due to the Company's net loss in each of the twelve months ended June 30, 2024 and June 30, 2023, all common stock equivalents such as stock options, unvested restricted share units and performance share units have been excluded from the computation of diluted net loss per share. The effect of the stock options and unvested restricted share units would have been anti-dilutive to the computations. The performance share units were contingently issuable based on market conditions and such conditions had not been achieved during the year.

There were 316 restricted share units excluded from the Company’s calculation of diluted net income per share for fiscal year 2022, as such awards were anti-dilutive.

Additionally, 214 performance share units were excluded from the calculation of diluted net income per share for fiscal year 2022, as such awards were contingently issuable based on market or performance conditions, and such conditions had not been achieved during the year.

Leases - Schedule of Other Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 16,529	$ 16,446	$ 15,462
Operating cash flows from finance leases	12	16	20
Financing cash flows from finance leases	81	161	226
ROU assets obtained in exchange for lease obligations:
Operating leases	4,243	(2,627)	39,435
Finance leases	$ 35	$ 118	$ 116
Weighted average remaining lease term:
Operating leases	8 years 9 months 18 days	10 years 4 months 24 days	9 years 3 months 18 days
Finance leases	3 years	3 years 10 months 24 days	4 years 1 month 6 days
Weighted average discount rate:
Operating leases	5.00%	4.80%	3.90%
Finance leases	4.60%	4.70%	4.10%

Debt and Borrowings - Summary of Maturities of Debt Instruments (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
2025	$ 7,585
2026	7,563
2027	730,624
Long-term debt	$ 745,772

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References + Details

Debt and Borrowings - Additional Information (Details) $ in Thousands	10 Months Ended	12 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jan. 01, 2025	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2023 USD ($)	Aug. 22, 2023 USD ($)	Dec. 31, 2022 USD ($)
Line of Credit Facility [Line Items]
Interest paid		$ 52,456	$ 41,698	$ 9,926
Cash Flow Hedges \| Interest Rate Swap
Line of Credit Facility [Line Items]
Notional amount	$ 400,000	$ 400,000
Derivative fixed interest rate	5.60%	5.60%
Fourth Amended and Restated Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Available borrowing capacity	$ 321,753	$ 321,753
Fourth Amended and Restated Credit Agreement \| Term loans
Line of Credit Facility [Line Items]
Debt, gross			288,750
Second Amendment and Restated Credit Agreement
Line of Credit Facility [Line Items]
Revolving credit facility									$ 1,100,000
Deferred debt issuance costs								$ 3,813
Second Amendment and Restated Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Weighted average interest rate	7.97%	7.97%
Weighted average interest rate, including hedge impact	6.83%	6.83%
Second Amendment and Restated Credit Agreement \| Secured Debt
Line of Credit Facility [Line Items]
Face amount									$ 300,000
Debt, gross	$ 270,550	$ 270,550
Deferred debt issuance costs								$ 1,011
Second Amendment and Restated Credit Agreement \| Term loans
Line of Credit Facility [Line Items]
Debt, gross	$ 270,550	$ 270,550
Second Amendment and Restated Credit Agreement \| Minimum \| Line of Credit
Line of Credit Facility [Line Items]
Consolidated secured leverage ratio covenant									2.5
Commitment fee percentage		0.15%
Second Amendment and Restated Credit Agreement \| Maximum \| Line of Credit
Line of Credit Facility [Line Items]
Consolidated secured leverage ratio covenant							5.25	5	6
Commitment fee percentage		0.25%
Second Amendment and Restated Credit Agreement \| Maximum \| Forecast \| Line of Credit
Line of Credit Facility [Line Items]
Consolidated secured leverage ratio covenant					4.25	5
Second Amendment and Restated Credit Agreement \| Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.50%
Second Amendment and Restated Credit Agreement \| Base Rate \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.125%
Second Amendment and Restated Credit Agreement \| Base Rate \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.00%
Second Amendment and Restated Credit Agreement \| Secured Overnight Financing Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.50%
Second Amendment and Restated Credit Agreement \| Secured Overnight Financing Rate \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.125%
Second Amendment and Restated Credit Agreement \| Secured Overnight Financing Rate \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.00%
First Amendment and Restated Credit Agreement
Line of Credit Facility [Line Items]
Deferred debt issuance costs										$ 1,916
First Amendment and Restated Credit Agreement \| Secured Debt
Line of Credit Facility [Line Items]
Deferred debt issuance costs										520
Revolving credit facility \| Line of Credit
Line of Credit Facility [Line Items]
Debt issuance costs, gross										1,987
Revolving credit facility \| Fourth Amended and Restated Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Debt, gross			$ 541,000
Revolving credit facility \| Second Amendment and Restated Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Revolving credit facility									$ 800,000
Debt, gross	$ 475,000	$ 475,000
Debt issuance costs, gross								$ 3,854
Deferred debt issuance costs								$ 2,802
Revolving credit facility \| Second Amendment and Restated Credit Agreement \| Line of Credit \| United States
Line of Credit Facility [Line Items]
Revolving credit facility									440,000
Revolving credit facility \| Second Amendment and Restated Credit Agreement \| Line of Credit \| Global
Line of Credit Facility [Line Items]
Revolving credit facility									$ 360,000
Revolving credit facility \| First Amendment and Restated Credit Agreement \| Line of Credit
Line of Credit Facility [Line Items]
Deferred debt issuance costs										$ 1,396
Letter of credit \| Fourth Amended and Restated Credit Agreement
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 3,247	$ 3,247

Goodwill and Other Intangible Assets - Schedule of Non-Cash Impairment Charges (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Indefinite-Lived Intangible Assets [Line Items]
Other intangibles non-cash impairment charges			$ 44,602	$ 174,906
Personal Care Tradenames
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge			12,815	0
Thinsters
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge				8,500
ParmCrisps
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge			8,000	102,000
Customer Relationships \| Thinsters
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge			10,797	8,500
Customer Relationships \| ParmCrisps
Indefinite-Lived Intangible Assets [Line Items]
Non-cash impairment charge			10,586	45,798
Happy and Joya Trademarks
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge	$ 2,260		2,260	4,691
Queen Helene
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge		$ 9,150	0	9,150
Imagine
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge		$ 4,767	0	4,767
Other
Indefinite-Lived Intangible Assets [Line Items]
Impairment charge			$ 144	$ 0

Transformation Program Hain Reimagined - Schedule of Restructuring Expense (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 60,248
Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	20,753
North America
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	32,775
International Segment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 6,720

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

(Loss) Earnings Per Share - Additional Information (Details) shares in Thousands	12 Months Ended
	Jun. 30, 2022 shares
Restricted Share Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	316
Performance Share Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	214

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Basis difference on inventory	$ 4,884	$ 5,130
Reserves not currently deductible	8,386	11,045
Basis difference on intangible assets	(62,549)	(73,635)
Basis difference on property and equipment	(14,946)	(20,255)
Other comprehensive income	(2,887)	(3,498)
Net operating loss and tax credit carryforwards	67,186	50,807
Stock-based compensation	1,591	1,937
Unremitted earnings of foreign subsidiaries	(1,873)	(1,989)
Operating lease liability	18,615	20,203
Lease ROU assets	(17,309)	(19,113)
Other	18,702	9,833
Valuation allowances	(67,626)	(52,551)	$ (36,891)
Noncurrent deferred tax liabilities, net	$ (47,826)	$ (72,086)

AUDIT INFORMATION	12 Months Ended
AUDIT INFORMATION	Jun. 30, 2024
Auditor Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Location	Jericho, New York
Auditor Firm ID	42

Dispositions

12 Months Ended

Jun. 30, 2024

Discontinued Operations and Disposal Groups [Abstract]

Acquisition and Dispositions

DISPOSITIONS

Queen Helene®

On June 3, 2024, the Company completed the divestiture of its Queen Helene® business (“QH”) for total cash consideration of $750. The sale of QH is consistent with the Company’s portfolio simplification process. QH was part of the Company’s North America reportable segment. During the fiscal year ended June 30, 2024, the Company deconsolidated the net assets of QH, primarily consisting of $1,672 and $535 of inventory and goodwill, respectively, and recognized a pretax loss on sale of $1,466.

Thinsters®

On April 8, 2024, the Company completed the sale of its Thinsters® cookie business for total cash consideration of $7,700, subject to customary post-closing adjustments. The final purchase price was $7,264. The divestiture is consistent with the Company’s portfolio simplification process. Thinsters® was part of the Company’s North America reportable segment. During the fiscal year ended June 30, 2024, the Company deconsolidated the net assets of Thinsters®, primarily consisting of $5,732, $1,977, and $1,180 of goodwill, intangible assets, and inventory, respectively, and recognized a pretax loss on sale of $2,856.

Westbrae Natural®

On December 15, 2022, the Company completed the divestiture of its Westbrae Natural® brand (“Westbrae”) for total cash consideration of $7,498. The sale of Westbrae is consistent with the Company’s portfolio simplification process. Westbrae operated in the United States (“U.S.”) and was part of the Company’s North America reportable segment. During the fiscal year ended June 30, 2023, the Company deconsolidated the net assets of Westbrae, primarily consisting of $3,054 of goodwill, and recognized a pretax gain on sale of $3,488.

Summary of Significant Accounting Policies and Practices - Revenue Recognition - Additional Information (Details)	12 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Credit term period (in days)	Payment terms and conditions vary by customer and are based on the billing schedule established in contracts or purchase orders with customers, but the Company generally provides credit terms to customers ranging from 30-91 days.

Investments - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Founders Table
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 5,942	$ 8,032
Hutchison Hain Organic Holdings Limited
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 4,286	$ 4,766

- Definition

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

+ References + Details

Stockholders' Equity - Narrative (Details) - USD ($)	12 Months Ended
Stockholders' Equity - Narrative (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Jan. 31, 2022
Equity [Abstract]
Preferred stock, shares authorized (shares)	5,000,000	5,000,000
Preferred stock, shares issued (shares)	0	0
Preferred stock, shares outstanding (shares)	0	0
Stock repurchase program authorized amount			$ 200,000,000
Number of shares repurchased (in shares)	0
Remaining authorized repurchase amount	$ 173,500,000

Summary of Significant Accounting Policies and Practices - Valuation of Accounts and Chargebacks Receivable and Concentration of Credit Risk - Additional Information (Details) - Customer Concentration Risk - Customer One	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Trade Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	19.00%	18.00%
Sales
Concentration Risk [Line Items]
Concentration risk, percentage	18.00%	16.00%	15.00%

Inventories - Schedule of Components of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Inventory Disclosure [Abstract]
Finished goods	$ 178,150	$ 192,007
Raw materials, work-in-progress and packaging	95,978	118,334
Total inventories	$ 274,128	$ 310,341

Debt and Borrowings - Summary of Debt and Borrowings (Parenthetical) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Debt Disclosure [Abstract]
Total lease liabilities	$ 222	$ 305
Current finance liabilities	$ 85	$ 83

Description of Business and Basis of Presentation

12 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of Business and Basis of Presentation

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

Description of Business

The Hain Celestial Group, Inc., a Delaware corporation (collectively with its subsidiaries, the “Company,” “Hain Celestial,” “we,” “us” or “our”) was founded in 1993. Hain Celestial is a leading global health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, Hain Celestial has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial’s products across snacks, baby & kids, beverages, meal preparation, and personal care are marketed and sold in over 70 countries around the world. The Company operates under two reportable segments: North America and International.

The Company's leading brands include Garden Veggie Snacks™, Terra® chips, Garden of Eatin'® snacks, Hartley’s® Jelly, Earth's Best® and Ella's Kitchen® baby & kids foods, Celestial Seasonings® teas, Joya® and Natumi® plant-based beverages, Greek Gods® yogurt, Cully & Sully®, Yorkshire Provender®, New Covent Garden® and Imagine® soups, Yves® and Linda McCartney's® (under license) meat-free, and Avalon Organics® personal care, among others.

Basis of Presentation

All dollar amounts in the consolidated financial statements, notes and tables have been rounded to the nearest thousands, except par values and per share amounts, unless otherwise indicated.

Reclassifications

Use of Estimates

Property, Plant and Equipment, Net

12 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consisted of the following:


	Fiscal Year Ended June 30,
	2024		2023
Land	$	11,381	$	11,453
Buildings and improvements		57,030		55,354
Machinery and equipment		325,174		335,912
Computer hardware and software		54,139		54,192
Furniture and fixtures		20,943		20,722
Leasehold improvements		39,255		49,394
Construction in progress		12,783		10,816
		520,705		537,843
Less: Accumulated depreciation		258,975		241,518
	$	261,730	$	296,325

Depreciation expense for the fiscal years ended June 30, 2024, 2023 and 2022 was $34,332, $35,893 and $31,235, respectively.

During the fiscal year ended June 30, 2024, the Company completed an interim impairment test of the ParmCrisps® asset group. The Company determined that the carrying amount of the ParmCrisps® asset group exceeded its estimated fair value. The Company recognized a non-cash impairment charge of $5,875 to reduce the carrying amount of ParmCrisps® machinery and equipment to its estimated fair value. The fair value of machinery and equipment was determined based on an orderly liquidation value. Impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statements of operations.

During the fiscal year ended June 30, 2024, the Company recognized a non-cash impairment charge of $20,666 related to its Bell, CA production facility in the North America reportable segment to reduce the carrying amount of such long-lived assets to their estimated fair value. Impairment charges were recorded within intangibles and long-lived asset impairment on the consolidated statement of operations. The impairment charge was recognized due to consolidation of the Company's manufacturing footprint.

The Company recognized impairment charges of $244 and $584 during the fiscal years 2024 and 2023, respectively, relating to a facility in the North America reportable segment that was held for sale. During the fiscal year ended June 30, 2024, the Company completed the sale of such facility for total cash proceeds of $1,182, net of brokerage and other fees, resulting in a loss of $68, which was included as a component of other expense (income), net on the consolidated statement of operations. The facility had a net carrying value of nil and $1,250 as of June 30, 2024 and June 30, 2023, respectively.

During the fiscal year ended June 30, 2024, the Company recognized a non-cash impairment charge of $2,763, related to write-down of projects machinery and equipment in the International reportable segment related to the multi-year growth, transformation and restructuring program (the “Hain Reimagined Program”). See Note 18, Transformation Program.

During fiscal year 2022, the Company completed the sale of undeveloped land plots in Boulder, Colorado in the U.S. for total cash proceeds of $10,005, net of brokerage and other fees, resulting in a gain in the amount of $8,656, which is included as a component of other expense (income), net on the consolidated statement of operations. The Company also recognized a non-cash impairment charge of $303 during the fiscal year ended June 30, 2022 relating to a facility in the International reportable segment.