Quarterly report [Sections 13 or 15(d)]

Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details)

v3.25.1
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Jun. 30, 2024
Segment Reporting Information [Line Items]          
Revenues $ 3,009,125,000 $ 2,610,651,000 $ 8,466,566,000 $ 7,174,084,000  
Gross profit $ 41,017,000 $ 34,838,000 $ 129,227,000 $ 130,284,000  
Gross margin percentage by segment 1.363% 1.334% 1.526% 1.816%  
Selling, general, and administrative expenses $ (33,404,000) $ (22,854,000) $ (85,775,000) $ (67,095,000)  
Depreciation and amortization expense (4,996,000) (2,949,000) (14,344,000) (8,552,000)  
Interest income 6,722,000 6,682,000 20,603,000 19,095,000  
Interest expense (12,951,000) (9,907,000) (33,301,000) (29,898,000)  
Earnings (losses) from equity method investments (222,000) (206,000) (2,054,000) 3,280,000  
Other income (expense), net 1,171,000 763,000 1,832,000 1,605,000  
Remeasurement gain (loss) on pre-existing equity interest (7,043,000) 0 (7,043,000) 0  
Unrealized gains (losses) on foreign exchange (233,000) 73,000 (895,000) 84,000  
Total net income (loss) before provision for income taxes (9,939,000) 6,440,000 8,250,000 48,803,000  
Advertising expense (5,060,000) (3,533,000) (14,452,000) (11,301,000)  
Inventories 1,316,409,000   1,316,409,000   $ 1,097,144,000
Assets 2,183,548,000   2,183,548,000   1,827,820,000
Capital expenditures for long-lived assets by segment (2,472,000) (9,209,000) (6,880,000) (13,033,000)  
Goodwill 216,917,000   216,917,000   199,937,000
Intangible assets 110,985,000   110,985,000   101,663,000
United States          
Segment Reporting Information [Line Items]          
Revenues 874,305,000 1,130,113,000 2,987,742,000 3,468,807,000  
Inventories 1,201,179,000   1,201,179,000   989,272,000
Assets 1,892,669,000   1,892,669,000   1,539,395,000
Europe          
Segment Reporting Information [Line Items]          
Revenues 1,571,513,000 1,340,189,000 3,942,741,000 3,276,250,000  
Inventories 27,937,000   27,937,000   18,519,000
Assets 31,848,000   31,848,000   20,512,000
North America, excluding United States          
Segment Reporting Information [Line Items]          
Revenues 510,116,000 127,189,000 1,383,080,000 390,985,000  
Inventories 48,377,000   48,377,000   53,648,000
Assets 173,668,000   173,668,000   188,100,000
Asia Pacific          
Segment Reporting Information [Line Items]          
Revenues 48,945,000 12,329,000 142,525,000 34,831,000  
Africa          
Segment Reporting Information [Line Items]          
Revenues 125,000 12,000 128,000 12,000  
Australia          
Segment Reporting Information [Line Items]          
Revenues 4,119,000 819,000 10,338,000 3,199,000  
South America          
Segment Reporting Information [Line Items]          
Revenues 2,000 0 12,000 0  
Asia          
Segment Reporting Information [Line Items]          
Inventories 38,916,000   38,916,000   35,705,000
Assets 85,363,000   85,363,000   79,813,000
Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 2,435,036,000 2,274,977,000 6,835,365,000 6,142,233,000  
Gross profit $ 15,852,000 $ 16,834,000 $ 55,576,000 $ 69,065,000  
Gross margin percentage by segment 0.651% 0.74% 0.813% 1.124%  
Operating income (expense) $ (31,908,000) $ (15,976,000) $ (66,888,000) $ (40,693,000)  
Selling, general, and administrative expenses (17,425,000) (12,202,000) (41,567,000) (33,366,000)  
Depreciation and amortization expense (1,084,000) (474,000) (2,692,000) (1,084,000)  
Interest income 4,081,000 3,676,000 12,220,000 10,657,000  
Interest expense (11,041,000) (7,266,000) (26,596,000) (20,989,000)  
Earnings (losses) from equity method investments (264,000) (223,000) (2,172,000) 3,269,000  
Other income (expense), net 1,137,000 440,000 1,072,000 736,000  
Remeasurement gain (loss) on pre-existing equity interest (7,043,000) 0 (7,043,000) 0  
Unrealized gains (losses) on foreign exchange (269,000) 73,000 (110,000) 84,000  
Total net income (loss) before provision for income taxes (16,056,000) 858,000 (11,312,000) 28,372,000  
Advertising expense (1,434,000) (585,000) (2,580,000) (1,870,000)  
Inventories 1,064,769,000   1,064,769,000   924,804,000
Assets 1,283,579,000   1,283,579,000   1,022,005,000
Capital expenditures for long-lived assets by segment (2,363,000) (676,000) (6,475,000) (3,821,000)  
Goodwill 38,405,000   38,405,000   29,915,000
Intangible assets 19,214,000   19,214,000   12,586,000
Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Revenues 574,089,000 335,674,000 1,631,201,000 1,031,851,000  
Gross profit 25,165,000 18,004,000 73,651,000 61,219,000  
Operating income (expense) (20,098,000) (13,226,000) (57,389,000) (42,248,000)  
Selling, general, and administrative expenses (15,717,000) (10,259,000) (43,366,000) (32,569,000)  
Depreciation and amortization expense (3,912,000) (2,392,000) (11,648,000) (7,209,000)  
Interest income 27,000 0 123,000 0  
Interest expense (532,000) (580,000) (1,713,000) (2,475,000)  
Other income (expense), net 0 5,000 0 5,000  
Unrealized gains (losses) on foreign exchange 36,000 0 (785,000) 0  
Total net income (loss) before provision for income taxes 5,067,000 4,778,000 16,262,000 18,971,000  
Advertising expense (3,571,000) (2,889,000) (11,692,000) (9,261,000)  
Inventories 251,640,000   251,640,000   172,340,000
Assets 808,675,000   808,675,000   690,547,000
Capital expenditures for long-lived assets by segment (109,000) (8,533,000) (405,000) (9,212,000)  
Goodwill 178,512,000   178,512,000   170,022,000
Intangible assets 91,771,000   91,771,000   89,077,000
Secured Lending          
Segment Reporting Information [Line Items]          
Revenues     0    
Gross profit     0    
Operating income (expense) 1,050,000 804,000 3,300,000 1,460,000  
Selling, general, and administrative expenses (262,000) (393,000) (842,000) (1,160,000)  
Depreciation and amortization expense 0 (83,000) (4,000) (259,000)  
Interest income 2,614,000 3,006,000 8,260,000 8,438,000  
Interest expense (1,378,000) (2,061,000) (4,992,000) (6,434,000)  
Earnings (losses) from equity method investments 42,000 17,000 118,000 11,000  
Other income (expense), net 34,000 318,000 760,000 864,000  
Total net income (loss) before provision for income taxes 1,050,000 804,000 3,300,000 1,460,000  
Advertising expense (55,000) (59,000) (180,000) (170,000)  
Assets 91,294,000   91,294,000   115,268,000
Operating Segments | Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues 2,800,749,000 2,517,536,000 7,986,668,000 6,866,354,000  
Gross profit $ 16,938,000 $ 16,323,000 $ 56,550,000 $ 64,650,000  
Gross margin percentage by segment 0.605% 0.648% 0.708% 0.942%  
Operating income (expense) $ (31,713,000) $ (15,954,000) $ (66,601,000) $ (40,603,000)  
Assets $ 1,488,514,000   $ 1,488,514,000   1,262,385,000
Operating Segments | Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Gross margin percentage by segment 4.383% 5.364% 4.515% 5.933%  
Eliminations of Inter-Segment Sales | Wholesale Sales & Ancillary Services          
Segment Reporting Information [Line Items]          
Revenues $ (365,713,000) $ (242,559,000) $ (1,151,303,000) $ (724,121,000)  
Gross profit (1,086,000) 511,000 (974,000) 4,415,000  
Operating income (expense) (195,000) (22,000) (287,000) (90,000)  
Assets (204,935,000)   (204,935,000)   $ (240,380,000)
Eliminations of Inter-Segment Sales | Direct-to-Consumer          
Segment Reporting Information [Line Items]          
Revenues $ 55,100,000 $ 2,900,000 $ 122,200,000 $ 6,200,000