Subsequent Events |
9 Months Ended |
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Mar. 31, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events |
20. SUBSEQUENT EVENTS Dividend On April 29, 2025, the Company paid a regular cash dividend of $0.20 per share to stockholders of record as of April 15, 2025. Acquisition of AMS Holding, LLC On March 9, 2025, the Company entered into a definitive agreement (the “AMS Agreement”) to acquire the 90% of AMS Holding, LLC ("AMS") not previously owned by it, for upfront consideration of $50.0 million in cash and an additional $9.0 million in cash based upon the achievement of certain performance benchmarks. Under the AMS Agreement, selling shareholders may receive up to an additional $3.0 million in cash based upon the achievement of financial targets when certain inventory is sold. The transaction closed on April 1, 2025. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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