Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.25.2
Segments and Geographic Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]      
Revenues $ 10,978,614,000 $ 9,699,039,000 $ 9,286,561,000
Cost of sales by segment 10,767,698,000 9,525,784,000 8,991,892,000
Gross profit $ 210,916,000 $ 173,255,000 $ 294,669,000
Gross margin percentage by segment 1.921% 1.786% 3.173%
Selling, general, and administrative expenses $ (139,193,000) $ (89,800,000) $ (85,282,000)
Depreciation and amortization expense (22,920,000) (11,397,000) (12,525,000)
Interest income 25,948,000 27,168,000 22,231,000
Interest expense (46,203,000) (39,531,000) (31,528,000)
Earnings (losses) from equity method investments (2,825,000) 4,044,000 12,576,000
Other income, net 2,031,000 2,071,000 2,663,000
Remeasurement gain (loss) on pre-existing equity interests (5,143,000) 16,669,000 0
Unrealized gains (losses) on foreign exchange (1,341,000) 299,000 366,000
Total net income (loss) before provision for income taxes 21,270,000 82,778,000 203,170,000
Advertising expense (23,698,000) (15,253,000) (15,877,000)
Inventories 1,279,545,000 1,097,144,000  
Assets 2,215,431,000 1,827,820,000  
Capital expenditures for long-lived assets by segment (10,678,000) (15,771,000) (9,783,000)
Goodwill 228,650,000 199,937,000 100,943,000
Intangible assets 137,314,000 101,663,000  
United States      
Segment Reporting Information [Line Items]      
Revenues 4,004,172,000 4,722,191,000 5,634,423,000
Inventories 1,150,678,000 989,272,000  
Assets 1,917,452,000 1,539,395,000  
Canada      
Segment Reporting Information [Line Items]      
Revenues 1,790,972,000 599,873,000 837,504,000
Europe      
Segment Reporting Information [Line Items]      
Revenues 4,910,399,000 4,290,701,000 2,780,015,000
Inventories 32,987,000 18,519,000  
Assets 40,625,000 20,512,000  
North America, excluding United States      
Segment Reporting Information [Line Items]      
Inventories 52,225,000 53,648,000  
Assets 169,864,000 188,100,000  
Asia Pacific      
Segment Reporting Information [Line Items]      
Revenues 258,098,000 80,997,000 26,891,000
Africa      
Segment Reporting Information [Line Items]      
Revenues 260,000 12,000 0
Australia      
Segment Reporting Information [Line Items]      
Revenues 14,698,000 5,265,000 7,728,000
South America      
Segment Reporting Information [Line Items]      
Revenues 15,000 0 0
Asia      
Segment Reporting Information [Line Items]      
Inventories 43,655,000 35,705,000  
Assets 87,490,000 79,813,000  
Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues 8,695,357,000 8,247,370,000 7,289,139,000
Cost of sales by segment 8,609,482,000 8,157,161,000 7,163,461,000
Gross profit $ 85,875,000 $ 90,209,000 $ 125,678,000
Gross margin percentage by segment 0.988% 1.094% 1.724%
Operating Income (Loss), Total $ (93,135,000) $ (38,358,000) $ (35,186,000)
Selling, general, and administrative expenses (59,019,000) (45,968,000) (40,181,000)
Depreciation and amortization expense (3,909,000) (1,860,000) (970,000)
Interest income 15,134,000 15,730,000 12,523,000
Interest expense (37,709,000) (28,252,000) (19,660,000)
Earnings (losses) from equity method investments (2,982,000) 3,998,000 12,575,000
Other income, net 1,299,000 1,064,000 161,000
Remeasurement gain (loss) on pre-existing equity interests (5,143,000) 16,669,000 0
Unrealized gains (losses) on foreign exchange (806,000) 261,000 366,000
Total net income (loss) before provision for income taxes (7,260,000) 51,851,000 90,492,000
Advertising expense (3,849,000) (2,402,000) (1,639,000)
Inventories 1,049,200,000 924,804,000  
Assets 1,274,226,000 1,022,005,000  
Capital expenditures for long-lived assets by segment (8,973,000) (6,522,000) (3,173,000)
Goodwill 39,191,000 29,915,000  
Intangible assets 18,322,000 12,586,000  
Direct-to-Consumer      
Segment Reporting Information [Line Items]      
Revenues 2,283,257,000 1,451,669,000 1,997,422,000
Cost of sales by segment 2,158,216,000 1,368,623,000 1,828,431,000
Gross profit $ 125,041,000 $ 83,046,000 $ 168,991,000
Gross margin percentage by segment 5.476% 5.721% 8.46%
Operating Income (Loss), Total $ (100,646,000) $ (54,507,000) $ (58,136,000)
Selling, general, and administrative expenses (78,995,000) (42,456,000) (42,976,000)
Depreciation and amortization expense (19,007,000) (9,273,000) (11,204,000)
Interest income 146,000 3,000 0
Interest expense (2,255,000) (2,838,000) (4,098,000)
Earnings (losses) from equity method investments 0 14,000 0
Other income, net 0 5,000 142,000
Unrealized gains (losses) on foreign exchange (535,000) 38,000 0
Total net income (loss) before provision for income taxes 24,395,000 28,539,000 110,855,000
Advertising expense (19,625,000) (12,620,000) (14,001,000)
Inventories 230,345,000 172,340,000  
Assets 844,760,000 690,547,000  
Capital expenditures for long-lived assets by segment (1,705,000) (9,249,000) (6,610,000)
Goodwill 189,459,000 170,022,000  
Intangible assets 118,992,000 89,077,000  
Secured Lending      
Segment Reporting Information [Line Items]      
Revenues 0    
Gross profit 0    
Operating Income (Loss), Total 4,135,000 2,388,000 1,823,000
Selling, general, and administrative expenses (1,179,000) (1,376,000) (2,125,000)
Depreciation and amortization expense (4,000) (264,000) (351,000)
Interest income 10,668,000 11,435,000 9,708,000
Interest expense (6,239,000) (8,441,000) (7,770,000)
Earnings (losses) from equity method investments 157,000 32,000 1,000
Other income, net 732,000 1,002,000 2,360,000
Total net income (loss) before provision for income taxes 4,135,000 2,388,000 1,823,000
Advertising expense (224,000) (231,000) (237,000)
Assets 96,445,000 115,268,000  
Operating Segments | Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues 10,259,300,000 9,253,473,000 8,753,549,000
Cost of sales by segment 10,174,345,000 9,168,700,000 8,626,733,000
Gross profit $ 84,955,000 $ 84,773,000 $ 126,816,000
Gross margin percentage by segment 0.828% 0.916% 1.449%
Operating Income (Loss), Total $ (92,627,000) $ (38,235,000) $ (34,939,000)
Assets 1,485,370,000 1,262,385,000  
Eliminations of Inter-Segment Sales      
Segment Reporting Information [Line Items]      
Cost of sales by segment (1,564,863,000) (1,011,539,000) (1,463,272,000)
Eliminations of Inter-Segment Sales | Wholesale Sales & Ancillary Services      
Segment Reporting Information [Line Items]      
Revenues (1,563,943,000) (1,006,103,000) (1,464,410,000)
Gross profit 920,000 5,436,000 (1,138,000)
Operating Income (Loss), Total (508,000) (123,000) (247,000)
Assets (211,144,000) (240,380,000)  
Eliminations of Inter-Segment Sales | Direct-to-Consumer      
Segment Reporting Information [Line Items]      
Revenues $ 138,700,000 $ 14,300,000 $ 3,500,000