v3.25.4
Restructuring (Tables)
6 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges
As a result of these restructuring initiatives, the Company incurred the charges shown in the following table. Asset write-downs and write-offs are included within Impairment expense, and the remaining charges incurred during the relevant periods are included within Restructuring expense, in the Condensed Consolidated Statements of Operations and Comprehensive Loss:
Three Months Ended December 31,Six Months Ended December 31,
2025202420252024
Cash restructuring charges:(1)
(in millions)
Severance and other personnel costs$(0.8)$0.6 $(1.2)$0.1 
Exit and disposal costs and professional fees2.5 2.7 7.5 6.1 
Total cash restructuring charges1.6 3.3 6.3 6.2 
Non-cash restructuring charges:(1)
Asset write-downs and write-offs$0.6 $15.5 $7.9 $20.6 
Stock-based compensation expense1.1 — 0.8 — 
Total non-cash restructuring charges1.7 15.5 8.7 20.6 
Total$3.3 $18.8 $15.0 $26.9 
_________________________
(1) All cash and non-cash restructuring charges for the three and six months ended December 31, 2025 related to the 2025 Restructuring Plan. All cash and non-cash restructuring charges for the three and six months ended December 31, 2024 related to the 2024 Restructuring Plan.
Schedule of Restructuring Related Liabilities
The following table presents a roll-forward of cash restructuring-related liabilities, which are included within Accounts payable and accrued expenses in the Condensed Consolidated Balance Sheets:
Severance and other personnel costsExit and disposal costs and professional feesTotal
(in millions)
Balance as of September 30, 2024
$1.8 $3.1 $4.8 
Cash restructuring charges(1)
0.6 2.7 3.3 
Cash payments(1.4)(3.2)(4.5)
Balance as of December 31, 2024
$1.0 $2.6 $3.6 
Balance as of September 30, 2025
$18.6 $1.7 $20.3 
Cash restructuring charges(1)
(0.8)2.5 1.6 
Cash payments(3.6)(3.1)(6.8)
Balance as of December 31, 2025
$14.1 $1.0 $15.2 
_________________________
(1) All cash restructuring charges for the three and six months ended December 31, 2025 related to the 2025 Restructuring Plan. All cash restructuring charges for the three and six months ended December 31, 2024 related to the 2024 Restructuring Plan.

Severance and other personnel costsExit and disposal costs and professional feesTotal
(in millions)
Balance as of June 30, 2024
$12.7 $4.3 $17.0 
Cash restructuring charges(1)
0.1 6.1 6.2 
Cash payments(11.8)(7.8)(19.6)
Balance as of December 31, 2024
$1.0 $2.6 $3.6 
Balance as of June 30, 2025
$23.8 $0.8 $24.6 
Cash restructuring charges(1)
(1.2)7.5 6.3 
Cash payments(8.4)(7.3)(15.7)
Balance as of December 31, 2025
$14.1 $1.0 $15.2 
_________________________
(1) All cash restructuring charges for the three and six months ended December 31, 2025 related to the 2025 Restructuring Plan. All cash restructuring charges for the three and six months ended December 31, 2024 related to the 2024 Restructuring Plan.