v3.25.0.1
Debt (Tables)
6 Months Ended
Dec. 31, 2024
Debt  
Schedule of long term debt

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Revolving Credit and
Term A-1 Loans

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Term A-2 Loans

Net Leverage Ratio

​

Base rate

SOFR

​

Base rate

SOFR

≥ 4.00:1.00

 

1.75

%

2.75

%

  

2.25

%

3.25

%

≥ 3.50:1.00 and < 4.00:1.00

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1.50

%

2.50

%

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2.00

%

3.00

%

≥ 2.25:1.00 and < 3.50:1.00

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1.25

%

2.25

%

​

1.75

%

2.75

%

< 2.25:1.00

​

1.00

%

2.00

%

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1.50

%

2.50

%

 

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Period

maximum
Net Leverage Ratio

​

minimum
interest coverage ratio

Prior to October 31, 2024

4.00:1.00

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3.00:1.00

First fiscal quarter ending after October 31, 2024 through April 30, 2026

4.75:1.00

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2.50:1.00

After April 30, 2026 to April 30, 2027

4.50:1.00

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2.75:1.00

After April 30, 2027 to April 30, 2028

4.25:1.00

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3.00:1.00

After April 30, 2028

4.00:1.00

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3.00:1.00

 

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December 31, 

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June 30, 

As of

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2024

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2024

Initial Term A-1 Loan due July 2029

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$

159,975

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$

—

Initial Term A-2 Loan due July 2031

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136,274

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—

Delayed Draw Term A-1 Loan due July 2029

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189,000

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—

Delayed Draw Term A-2 Loan due July 2031

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161,000

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—

2021 Term A Loan due April 2026

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—

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256,875

2023 Incremental Term Loan due April 2026

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—

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45,000

2022 Term Loan due September 2027

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—

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11,265

Gross term loan balances

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646,249

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313,140

Unamortized debt issuance costs

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(7,119)

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(1,056)

Term loan balances, net of unamortized debt issuance costs

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639,130

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312,084

Less: current maturities of long-term debt

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(16,250)

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(29,795)

Long-term debt

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$

622,880

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$

282,289

 

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Six Months

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December 31, 

June 30, 

​

Ended December 31

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​

2024

2024

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2024

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2023

​

Revolving Credit Facility

 

5.34

%

6.00

%

  

6.62

%

6.19

%

Initial Term A-1 Loan due July 2029

​

2.76

%

—

%

​

2.94

%

—

%

Initial Term A-2 Loan due July 2031

​

3.26

%

—

%

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3.44

%

—

%

Delayed Draw Term A-1 Loan due July 2029

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6.44

%

—

%

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6.96

%

—

%

Delayed Draw Term A-2 Loan due July 2031

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7.21

%

—

%

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7.31

%

—

%

2021 Term A Loan

​

—

%

2.36

%

​

—

%

2.36

%

2023 Incremental Term Loan

​

—

%

7.68

%

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—

%

7.62

%

2022 Term Loan

​

—

%

7.43

%

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—

%

7.39

%