The Hain Celestial Group, Inc., a Delaware corporation (collectively with its subsidiaries, the \u201cCompany,\u201d \u201cHain Celestial,\u201d \u201cwe,\u201d \u201cus\u201d or \u201cour\u201d), was founded in 1993. Hain Celestial is a leading global health and wellness company whose purpose is to inspire healthier living for people, communities and the planet through better-for-you brands. For more than 30 years, Hain Celestial has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial\u2019s products across snacks, baby & kids, beverages, and meal preparation are marketed and sold in over 70 countries around the world. The Company operates under two reportable segments: North America and International.
The Company\u2019s leading brands include Garden Veggie Snacks\u0099, Terra\u00ae chips, Garden of Eatin\u2019\u00ae snacks, Hartley\u2019s\u00ae jelly, Earth\u2019s Best\u00ae Organic and Ella\u2019s Kitchen\u00ae baby and kids foods, Celestial Seasonings\u00ae teas, Joya\u00ae and Natumi\u00ae plant-based beverages, The Greek Gods\u00ae yogurt, Cully & Sully\u00ae, Yorkshire Provender\u00ae, New Covent Garden\u00ae and Imagine\u00ae soups, among others.
"}]},{"name":"rpt:f-468","factDimensions":{"xbrl:concept":"hain:NumberOfCountriesProductMarketedAndSold","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Country"},"factValues":[{"value":"70"}]},{"name":"rpt:f-469","factDimensions":{"xbrl:concept":"us-gaap:NumberOfReportableSegments","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Segment"},"factValues":[{"value":"2"}]},{"name":"rpt:f-470","factDimensions":{"xbrl:concept":"us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The Company\u2019s unaudited consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Investments in affiliated companies in which the Company exerts significant influence, but which it does not control, are accounted for under the equity method of accounting. As such, consolidated net loss includes the Company's equity in the current earnings or losses of such companies.
The Company\u2019s unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (\u201cU.S. GAAP\u201d) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP and should be read in conjunction with the Company\u2019s Annual Report on Form 10-K for the fiscal year ended June 30, 2024 (the \u201cForm 10-K\u201d). The amounts as of and for the periods ended June 30, 2024 are derived from the Company\u2019s audited annual financial statements. The unaudited consolidated financial statements reflect all normal recurring adjustments which, in management\u2019s opinion, are necessary for a fair presentation for interim periods. Operating results for the three and nine months ended March 31, 2025 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2025. Please refer to the Notes to the Consolidated Financial Statements as of June 30, 2024 and for the fiscal year then ended included in the Form 10-K for information not included in these condensed notes.
All dollar amounts in the unaudited consolidated financial statements, notes and tables have been rounded to the nearest thousands, except par values and per share amounts, unless otherwise indicated.
Significant Accounting Policies
The Company's significant accounting policies are described in Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements in the Form 10-K. Included herein are certain updates to those policies.
Transfer of Financial Assets
The Company accounts for transfers of financial assets, such as non-recourse accounts receivable financing arrangements, when the Company has surrendered control over the related assets. Determining whether control has transferred requires an evaluation of relevant legal considerations, an assessment of the nature and extent of the Company\u2019s continuing involvement with the assets transferred and any other relevant considerations. The Company has non-recourse financing arrangements in which eligible receivables are sold to third-party buyers in exchange for cash. The Company transferred accounts receivable in their entirety to the buyers and satisfied all of the conditions to report the transfer of financial assets in their entirety as a sale. The principal amount of receivables sold under these arrangements was $216,002 and $223,600 during the nine months ended March 31, 2025 and 2024, respectively. The incremental cost of financing receivables under these arrangements is included in selling, general and administrative expenses on the Company\u2019s consolidated statements of operations. The proceeds from the sale of receivables are included in cash provided by operating activities on the consolidated statements of cash flows.
Recently Issued Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board (\u201cFASB\u201d) issued Accounting Standards Update (\u201cASU\u201d) 2024-03, \u201cIncome Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses\u201d. The amendments address investor requests for more detailed expense information and require additional disaggregated disclosures in the notes to financial statements for certain categories of expenses that are included on the face of the income statement. The amendments are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
In December 2023, the FASB issued ASU 2023-09, \u201cIncome Taxes (Topic 740): Improvements to Income Tax Disclosures,\u201d which will require entities to disclose more detailed information in the reconciliation of their statutory tax rate to their effective tax rate. The ASU also requires entities to disclose more detailed information about income taxes paid, including by jurisdiction, pretax income (loss) from continuing operations, and income tax expense (benefit). The amendments are effective for fiscal years beginning after December 15, 2024 and for interim periods within fiscal years beginning after December 15, 2025. The amendments should be applied on a prospective basis. Retrospective application is permitted. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
In November 2023, the FASB issued ASU 2023-07, \u201cSegment Reporting (Topic 280), Improvements to Reportable Segment Disclosures,\u201d which updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
The Company\u2019s unaudited consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Investments in affiliated companies in which the Company exerts significant influence, but which it does not control, are accounted for under the equity method of accounting. As such, consolidated net loss includes the Company's equity in the current earnings or losses of such companies.
The Company\u2019s unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (\u201cU.S. GAAP\u201d) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP and should be read in conjunction with the Company\u2019s Annual Report on Form 10-K for the fiscal year ended June 30, 2024 (the \u201cForm 10-K\u201d). The amounts as of and for the periods ended June 30, 2024 are derived from the Company\u2019s audited annual financial statements. The unaudited consolidated financial statements reflect all normal recurring adjustments which, in management\u2019s opinion, are necessary for a fair presentation for interim periods. Operating results for the three and nine months ended March 31, 2025 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2025. Please refer to the Notes to the Consolidated Financial Statements as of June 30, 2024 and for the fiscal year then ended included in the Form 10-K for information not included in these condensed notes.
All dollar amounts in the unaudited consolidated financial statements, notes and tables have been rounded to the nearest thousands, except par values and per share amounts, unless otherwise indicated.
"}]},{"name":"rpt:f-472","factDimensions":{"xbrl:concept":"hain:SignificantAccountingPoliciesPolicyPolicyTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Significant Accounting Policies
The Company's significant accounting policies are described in Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements in the Form 10-K. Included herein are certain updates to those policies.
"}]},{"name":"rpt:f-473","factDimensions":{"xbrl:concept":"us-gaap:TransfersAndServicingOfFinancialAssetsTransfersOfFinancialAssetsPolicy","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Transfer of Financial Assets
The Company accounts for transfers of financial assets, such as non-recourse accounts receivable financing arrangements, when the Company has surrendered control over the related assets. Determining whether control has transferred requires an evaluation of relevant legal considerations, an assessment of the nature and extent of the Company\u2019s continuing involvement with the assets transferred and any other relevant considerations. The Company has non-recourse financing arrangements in which eligible receivables are sold to third-party buyers in exchange for cash. The Company transferred accounts receivable in their entirety to the buyers and satisfied all of the conditions to report the transfer of financial assets in their entirety as a sale. The principal amount of receivables sold under these arrangements was $216,002 and $223,600 during the nine months ended March 31, 2025 and 2024, respectively. The incremental cost of financing receivables under these arrangements is included in selling, general and administrative expenses on the Company\u2019s consolidated statements of operations. The proceeds from the sale of receivables are included in cash provided by operating activities on the consolidated statements of cash flows.
"}]},{"name":"rpt:f-474","factDimensions":{"xbrl:concept":"hain:AccountsReceivableSoldPrincipal","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"216002000","decimals":-3}]},{"name":"rpt:f-475","factDimensions":{"xbrl:concept":"hain:AccountsReceivableSoldPrincipal","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"223600000","decimals":-3}]},{"name":"rpt:f-476","factDimensions":{"xbrl:concept":"us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Recently Issued Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board (\u201cFASB\u201d) issued Accounting Standards Update (\u201cASU\u201d) 2024-03, \u201cIncome Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses\u201d. The amendments address investor requests for more detailed expense information and require additional disaggregated disclosures in the notes to financial statements for certain categories of expenses that are included on the face of the income statement. The amendments are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
In December 2023, the FASB issued ASU 2023-09, \u201cIncome Taxes (Topic 740): Improvements to Income Tax Disclosures,\u201d which will require entities to disclose more detailed information in the reconciliation of their statutory tax rate to their effective tax rate. The ASU also requires entities to disclose more detailed information about income taxes paid, including by jurisdiction, pretax income (loss) from continuing operations, and income tax expense (benefit). The amendments are effective for fiscal years beginning after December 15, 2024 and for interim periods within fiscal years beginning after December 15, 2025. The amendments should be applied on a prospective basis. Retrospective application is permitted. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
In November 2023, the FASB issued ASU 2023-07, \u201cSegment Reporting (Topic 280), Improvements to Reportable Segment Disclosures,\u201d which updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023 and for interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statements. The Company is currently evaluating the provisions of the amendments and the effect on its future consolidated financial statements.
"}]},{"name":"rpt:f-477","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The following table sets forth the computation of basic and diluted net loss per share on the consolidated statements of operations:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Numerator: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Net loss | \n \u00a0 | \n $ | \n (134,588 | \n ) | \n \u00a0 | \n $ | \n (48,194 | \n ) | \n \u00a0 | \n $ | \n (258,226 | \n ) | \n \u00a0 | \n $ | \n (72,105 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Denominator: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Basic and diluted weighted average shares outstanding | \n \u00a0 | \n \u00a0 | \n 90,247 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 89,832 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 90,080 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 89,718 | \n \u00a0 | \n
Basic and diluted net loss per common share | \n \u00a0 | \n $ | \n (1.49 | \n ) | \n \u00a0 | \n $ | \n (0.54 | \n ) | \n \u00a0 | \n $ | \n (2.87 | \n ) | \n \u00a0 | \n $ | \n (0.80 | \n ) | \n
\u00a0
Due to the Company\u2019s net loss in each of the three and nine months ended March 31, 2025 and March 31, 2024, all common stock equivalents such as stock options, unvested restricted share units and performance share units have been excluded from the computation of diluted net loss per share. The effect of the stock options and unvested restricted share units would have been anti-dilutive to the computations. The performance share units were contingently issuable based on market conditions or performance goals and such conditions or goals had not been achieved during the respective periods.
"}]},{"name":"rpt:f-478","factDimensions":{"xbrl:concept":"us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The following table sets forth the computation of basic and diluted net loss per share on the consolidated statements of operations:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Numerator: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Net loss | \n \u00a0 | \n $ | \n (134,588 | \n ) | \n \u00a0 | \n $ | \n (48,194 | \n ) | \n \u00a0 | \n $ | \n (258,226 | \n ) | \n \u00a0 | \n $ | \n (72,105 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Denominator: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Basic and diluted weighted average shares outstanding | \n \u00a0 | \n \u00a0 | \n 90,247 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 89,832 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 90,080 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 89,718 | \n \u00a0 | \n
Basic and diluted net loss per common share | \n \u00a0 | \n $ | \n (1.49 | \n ) | \n \u00a0 | \n $ | \n (0.54 | \n ) | \n \u00a0 | \n $ | \n (2.87 | \n ) | \n \u00a0 | \n $ | \n (0.80 | \n ) | \n
\u00a0
"}]},{"name":"rpt:f-479","factDimensions":{"xbrl:concept":"us-gaap:NetIncomeLoss","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"-134588000","decimals":-3}]},{"name":"rpt:f-480","factDimensions":{"xbrl:concept":"us-gaap:NetIncomeLoss","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"-48194000","decimals":-3}]},{"name":"rpt:f-481","factDimensions":{"xbrl:concept":"us-gaap:NetIncomeLoss","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"-258226000","decimals":-3}]},{"name":"rpt:f-482","factDimensions":{"xbrl:concept":"us-gaap:NetIncomeLoss","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD"},"factValues":[{"value":"-72105000","decimals":-3}]},{"name":"rpt:f-483","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfSharesOutstandingBasic","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"90247000","decimals":-3}]},{"name":"rpt:f-484","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"90247000","decimals":-3}]},{"name":"rpt:f-485","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfSharesOutstandingBasic","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"89832000","decimals":-3}]},{"name":"rpt:f-486","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"89832000","decimals":-3}]},{"name":"rpt:f-487","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfSharesOutstandingBasic","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"90080000","decimals":-3}]},{"name":"rpt:f-488","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"90080000","decimals":-3}]},{"name":"rpt:f-489","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfSharesOutstandingBasic","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"89718000","decimals":-3}]},{"name":"rpt:f-490","factDimensions":{"xbrl:concept":"us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares"},"factValues":[{"value":"89718000","decimals":-3}]},{"name":"rpt:f-491","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareBasic","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-1.49","decimals":2}]},{"name":"rpt:f-492","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareDiluted","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-1.49","decimals":2}]},{"name":"rpt:f-493","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareBasic","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-0.54","decimals":2}]},{"name":"rpt:f-494","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareDiluted","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-0.54","decimals":2}]},{"name":"rpt:f-495","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareBasic","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-2.87","decimals":2}]},{"name":"rpt:f-496","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareDiluted","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-2.87","decimals":2}]},{"name":"rpt:f-497","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareBasic","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-0.8","decimals":2}]},{"name":"rpt:f-498","factDimensions":{"xbrl:concept":"us-gaap:EarningsPerShareDiluted","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares"},"factValues":[{"value":"-0.8","decimals":2}]},{"name":"rpt:f-499","factDimensions":{"xbrl:concept":"us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"During the third quarter of fiscal year 2025, the Company announced that it was exploring strategic alternatives regarding its Personal Care (\u201cPC\u201d) business to focus on its portfolio of better-for-you food and beverages. The Company determined that its personal care business was held for sale and ascribed an aggregate $10,762 of goodwill from its U.S. and Canada reporting units to the personal care business. The business primarily operated in the U.S. and Canada reporting units and was included in the Company\u2019s North America reportable segment.
During the three and nine months ended March 31, 2025, the Company recorded a non-cash charge of $23,089 to write down the carrying amount of the disposal group to its estimated fair value less cost to dispose, which was reflected within intangibles and long-lived asset impairment on the consolidated statements of operations. The following table presents the major classes of assets and liabilities of the personal care business classified as held for sale:
| \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, | \n \u00a0 | \n |
| \n \u00a0 | \n 2025 | \n \u00a0 | \n |
ASSETS | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
Accounts receivable, net | \n \u00a0 | \n $ | \n 9,207 | \n \u00a0 | \n
Inventories | \n \u00a0 | \n \u00a0 | \n 29,333 | \n \u00a0 | \n
Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 1,089 | \n \u00a0 | \n
Property, plant and equipment, net | \n \u00a0 | \n \u00a0 | \n 739 | \n \u00a0 | \n
Goodwill | \n \u00a0 | \n \u00a0 | \n 10,762 | \n \u00a0 | \n
Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 79 | \n \u00a0 | \n
Operating lease right-of-use assets, net | \n \u00a0 | \n \u00a0 | \n 5,213 | \n \u00a0 | \n
Allowance for reduction of assets held for sale | \n \u00a0 | \n \u00a0 | \n (23,089 | \n ) | \n
Assets held for sale | \n \u00a0 | \n $ | \n 33,333 | \n \u00a0 | \n
LIABILITIES | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
\u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
Accounts payable | \n \u00a0 | \n $ | \n 9,033 | \n \u00a0 | \n
Operating lease liabilities | \n \u00a0 | \n \u00a0 | \n 5,831 | \n \u00a0 | \n
Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n 1,735 | \n \u00a0 | \n
Liabilities held for sale | \n \u00a0 | \n $ | \n 16,599 | \n \u00a0 | \n
| \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, | \n \u00a0 | \n |
| \n \u00a0 | \n 2025 | \n \u00a0 | \n |
ASSETS | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
Accounts receivable, net | \n \u00a0 | \n $ | \n 9,207 | \n \u00a0 | \n
Inventories | \n \u00a0 | \n \u00a0 | \n 29,333 | \n \u00a0 | \n
Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 1,089 | \n \u00a0 | \n
Property, plant and equipment, net | \n \u00a0 | \n \u00a0 | \n 739 | \n \u00a0 | \n
Goodwill | \n \u00a0 | \n \u00a0 | \n 10,762 | \n \u00a0 | \n
Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 79 | \n \u00a0 | \n
Operating lease right-of-use assets, net | \n \u00a0 | \n \u00a0 | \n 5,213 | \n \u00a0 | \n
Allowance for reduction of assets held for sale | \n \u00a0 | \n \u00a0 | \n (23,089 | \n ) | \n
Assets held for sale | \n \u00a0 | \n $ | \n 33,333 | \n \u00a0 | \n
LIABILITIES | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
\u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |
Accounts payable | \n \u00a0 | \n $ | \n 9,033 | \n \u00a0 | \n
Operating lease liabilities | \n \u00a0 | \n \u00a0 | \n 5,831 | \n \u00a0 | \n
Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n 1,735 | \n \u00a0 | \n
Liabilities held for sale | \n \u00a0 | \n $ | \n 16,599 | \n \u00a0 | \n
ParmCrisps\u00ae
On August 30, 2024, the Company completed the sale of its ParmCrisps\u00ae business for total cash consideration of $12,000, subject to customary post-closing adjustments. The divestiture is consistent with the Company\u2019s portfolio simplification process. ParmCrisps\u00ae was part of the Company\u2019s North America reportable segment. During the nine months ended March 31, 2025, the Company deconsolidated the net assets of ParmCrisps\u00ae, primarily consisting of $7,280, $6,725, and $1,282 of goodwill, inventory, and machinery and equipment, respectively, and recognized a pretax loss on sale of $3,863 recorded in other expense (income), net.
"}]},{"name":"rpt:f-519","factDimensions":{"xbrl:concept":"us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration","xbrl:period":"2024-08-31T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD","us-gaap:DisposalGroupClassificationAxis":"us-gaap:DiscontinuedOperationsDisposedOfBySaleMember","us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis":"hain:ParmCrispsMember"},"factValues":[{"value":"12000000","decimals":-3}]},{"name":"rpt:f-520","factDimensions":{"xbrl:concept":"us-gaap:GoodwillWrittenOffRelatedToSaleOfBusinessUnit","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD","us-gaap:DisposalGroupClassificationAxis":"us-gaap:DiscontinuedOperationsDisposedOfBySaleMember","us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis":"hain:ParmCrispsMember"},"factValues":[{"value":"7280000","decimals":-3}]},{"name":"rpt:f-521","factDimensions":{"xbrl:concept":"hain:InventoryWrittenOffRelatedToSaleOfBusinessUnit","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD","us-gaap:DisposalGroupClassificationAxis":"us-gaap:DiscontinuedOperationsDisposedOfBySaleMember","us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis":"hain:ParmCrispsMember"},"factValues":[{"value":"6725000","decimals":-3}]},{"name":"rpt:f-522","factDimensions":{"xbrl:concept":"us-gaap:PropertyPlantAndEquipmentDisposals","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD","us-gaap:DisposalGroupClassificationAxis":"us-gaap:DiscontinuedOperationsDisposedOfBySaleMember","us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis":"hain:ParmCrispsMember"},"factValues":[{"value":"1282000","decimals":-3}]},{"name":"rpt:f-523","factDimensions":{"xbrl:concept":"us-gaap:GainLossOnDispositionOfAssets1","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD","us-gaap:DisposalGroupClassificationAxis":"us-gaap:DiscontinuedOperationsDisposedOfBySaleMember","us-gaap:IncomeStatementLocationAxis":"us-gaap:OtherOperatingIncomeExpenseMember","us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis":"hain:ParmCrispsMember"},"factValues":[{"value":"3863000","decimals":-3}]},{"name":"rpt:f-524","factDimensions":{"xbrl:concept":"us-gaap:InventoryDisclosureTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Inventories consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Finished goods | \n \u00a0 | \n $ | \n 179,437 | \n \u00a0 | \n \u00a0 | \n $ | \n 178,150 | \n \u00a0 | \n
Raw materials, work-in-progress, and packaging | \n \u00a0 | \n \u00a0 | \n 69,519 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 95,978 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 248,956 | \n \u00a0 | \n \u00a0 | \n $ | \n 274,128 | \n \u00a0 | \n
Inventories consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Finished goods | \n \u00a0 | \n $ | \n 179,437 | \n \u00a0 | \n \u00a0 | \n $ | \n 178,150 | \n \u00a0 | \n
Raw materials, work-in-progress, and packaging | \n \u00a0 | \n \u00a0 | \n 69,519 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 95,978 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 248,956 | \n \u00a0 | \n \u00a0 | \n $ | \n 274,128 | \n \u00a0 | \n
Property, plant and equipment, net consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Land | \n \u00a0 | \n $ | \n 11,472 | \n \u00a0 | \n \u00a0 | \n $ | \n 11,381 | \n \u00a0 | \n
Buildings and improvements | \n \u00a0 | \n \u00a0 | \n 58,467 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 57,030 | \n \u00a0 | \n
Machinery and equipment | \n \u00a0 | \n \u00a0 | \n 329,034 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 325,174 | \n \u00a0 | \n
Computer hardware and software | \n \u00a0 | \n \u00a0 | \n 54,732 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 54,139 | \n \u00a0 | \n
Furniture and fixtures | \n \u00a0 | \n \u00a0 | \n 21,564 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 20,943 | \n \u00a0 | \n
Leasehold improvements | \n \u00a0 | \n \u00a0 | \n 37,972 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 39,255 | \n \u00a0 | \n
Construction in progress | \n \u00a0 | \n \u00a0 | \n 11,104 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 12,783 | \n \u00a0 | \n
| \n \u00a0 | \n \u00a0 | \n 524,345 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 520,705 | \n \u00a0 | \n
Less: Accumulated depreciation | \n \u00a0 | \n \u00a0 | \n 270,266 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 258,975 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 254,079 | \n \u00a0 | \n \u00a0 | \n $ | \n 261,730 | \n \u00a0 | \n
Depreciation expense for the three months ended March 31, 2025 and 2024 was $8,013 and $8,232, respectively. Depreciation expense for the nine months ended March 31, 2025 and 2024 was $23,961 and $26,410, respectively.
During the nine months ended March 31, 2025, the Company recognized a non-cash impairment charge of $2,254 to reduce the carrying value of certain personal care production assets in the North America reportable segment to their estimated fair value.
During the nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $20,666 related to its former Bell, CA production facility to reduce those assets to their estimated fair value in connection with the closure of such facility. During the nine months ended March 31, 2025, the Company recognized a $1.6 million pretax gain on the sale of such long-lived assets, which was included as a component of other income, net on the consolidated statement of operations.
During the three and nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $5,875 to reduce the carrying amount of ParmCrisps\u00ae machinery and equipment, to its estimated fair value, which was recorded within intangibles and long-lived asset impairment on the consolidated statements of operations.
"}]},{"name":"rpt:f-533","factDimensions":{"xbrl:concept":"us-gaap:PropertyPlantAndEquipmentTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Property, plant and equipment, net consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Land | \n \u00a0 | \n $ | \n 11,472 | \n \u00a0 | \n \u00a0 | \n $ | \n 11,381 | \n \u00a0 | \n
Buildings and improvements | \n \u00a0 | \n \u00a0 | \n 58,467 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 57,030 | \n \u00a0 | \n
Machinery and equipment | \n \u00a0 | \n \u00a0 | \n 329,034 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 325,174 | \n \u00a0 | \n
Computer hardware and software | \n \u00a0 | \n \u00a0 | \n 54,732 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 54,139 | \n \u00a0 | \n
Furniture and fixtures | \n \u00a0 | \n \u00a0 | \n 21,564 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 20,943 | \n \u00a0 | \n
Leasehold improvements | \n \u00a0 | \n \u00a0 | \n 37,972 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 39,255 | \n \u00a0 | \n
Construction in progress | \n \u00a0 | \n \u00a0 | \n 11,104 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 12,783 | \n \u00a0 | \n
| \n \u00a0 | \n \u00a0 | \n 524,345 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 520,705 | \n \u00a0 | \n
Less: Accumulated depreciation | \n \u00a0 | \n \u00a0 | \n 270,266 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 258,975 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 254,079 | \n \u00a0 | \n \u00a0 | \n $ | \n 261,730 | \n \u00a0 | \n
The Company leases office space, warehouse and distribution facilities, manufacturing equipment and vehicles primarily in North America and Western Europe. The Company determines if an arrangement is or contains a lease at inception. At March 31, 2025 and June 30, 2024, right of use assets related to finance leases are included in property, plant and equipment, net on the consolidated balance sheets. Lease liabilities for finance leases are included in the current and non-current portions of long-term debt on the consolidated balance sheets. The current portion of the operating lease liabilities is included in accrued expenses and other current liabilities on the consolidated balance sheets. The Company does not have any related party leases, and sublease transactions are de minimis.
The components of lease expenses for the three and nine months ended March 31, 2025 and 2024 were as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n ||||
Operating lease expenses | \n \u00a0 | \n $ | \n 2,747 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,106 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,793 | \n \u00a0 | \n \u00a0 | \n $ | \n 13,480 | \n \u00a0 | \n
Finance lease expenses | \n \u00a0 | \n \u00a0 | \n 34 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 37 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 106 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 111 | \n \u00a0 | \n
Variable lease expenses | \n \u00a0 | \n \u00a0 | \n 156 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 182 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 506 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 554 | \n \u00a0 | \n
Short-term lease expenses | \n \u00a0 | \n \u00a0 | \n 251 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 287 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,091 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,100 | \n \u00a0 | \n
Total lease expenses | \n \u00a0 | \n $ | \n 3,188 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,612 | \n \u00a0 | \n \u00a0 | \n $ | \n 12,496 | \n \u00a0 | \n \u00a0 | \n $ | \n 15,245 | \n \u00a0 | \n
The components of lease expenses for the three and nine months ended March 31, 2025 and 2024 were as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n ||||
Operating lease expenses | \n \u00a0 | \n $ | \n 2,747 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,106 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,793 | \n \u00a0 | \n \u00a0 | \n $ | \n 13,480 | \n \u00a0 | \n
Finance lease expenses | \n \u00a0 | \n \u00a0 | \n 34 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 37 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 106 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 111 | \n \u00a0 | \n
Variable lease expenses | \n \u00a0 | \n \u00a0 | \n 156 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 182 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 506 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 554 | \n \u00a0 | \n
Short-term lease expenses | \n \u00a0 | \n \u00a0 | \n 251 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 287 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,091 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,100 | \n \u00a0 | \n
Total lease expenses | \n \u00a0 | \n $ | \n 3,188 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,612 | \n \u00a0 | \n \u00a0 | \n $ | \n 12,496 | \n \u00a0 | \n \u00a0 | \n $ | \n 15,245 | \n \u00a0 | \n
Goodwill
The following table provides the changes in the carrying value of goodwill by reportable segment:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n North | \n \u00a0 | \n \u00a0 | \n International | \n \u00a0 | \n \u00a0 | \n Total | \n \u00a0 | \n |||
Balance as of June 30, 2024(1) | \n \u00a0 | \n $ | \n 689,468 | \n \u00a0 | \n \u00a0 | \n $ | \n 239,836 | \n \u00a0 | \n \u00a0 | \n $ | \n 929,304 | \n \u00a0 | \n
Divestiture(2) | \n \u00a0 | \n \u00a0 | \n (7,280 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,280 | \n ) | \n
Impairment charges | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n
Reclassification of goodwill to held for sale(3) | \n \u00a0 | \n \u00a0 | \n (10,762 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (10,762 | \n ) | \n
Translation | \n \u00a0 | \n \u00a0 | \n (1,856 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,839 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,983 | \n \u00a0 | \n
Balance as of March 31, 2025 | \n \u00a0 | \n $ | \n 468,052 | \n \u00a0 | \n \u00a0 | \n $ | \n 244,675 | \n \u00a0 | \n \u00a0 | \n $ | \n 712,727 | \n \u00a0 | \n
As of March 31, 2025, the Company performed an assessment of factors to determine whether it was more likely than not that the fair value of each reporting unit within both of the North America and International reportable segments was less than its respective carrying amount, including goodwill. As a result of a significant reduction in actual and projected performance and cash flows, as well as a continued decline in the Company\u2019s market capitalization during the three months ended March 31, 2025, the Company completed an interim quantitative impairment test for goodwill for both its U.S. and Canada reporting units within the North America reportable segment as of March 31, 2025. For the United Kingdom (\u201cU.K\u201d), Western Europe, and Ella\u2019s Kitchen UK reporting units, the Company performed a qualitative evaluation to assess factors to determine whether it is more likely than not that the fair value of its reporting unit is less than its carrying amount, including goodwill. The Company concluded that the qualitatively tested reporting units\u2019 estimated fair values exceeded their carrying amounts, while noting a recent decline in performance within the U.K. reporting units.
During the three months ended March 31, 2025, the Company conducted interim quantitative impairment tests of goodwill for the U.S. and Canada reporting units. The fair values were estimated using a blended approach of the Discounted Cash Flow (\u201cDCF\u201d) method income approach and the Guideline Public Company Methodology (\u201cGPCM\u201d) market approach. As of March 31, 2025, the U.S. reporting unit\u2019s carrying amount exceeded its estimated fair value of $690,000, resulting in the recognition of a non-cash impairment charge of $88,712 to reduce the carrying value of the U.S. reporting unit goodwill to $450,503. Aggregate goodwill impairment charges associated with the U.S. reporting unit were $179,979 for the nine months ended March 31, 2025. The Canada reporting unit\u2019s carrying amount exceeded its estimated fair value of $28,549, resulting in the recognition of a non-cash impairment charge of $21,539 to reduce the carrying value of the Canada reporting unit goodwill to $17,549.
The goodwill related to the U.S., Canada and U.K. reporting units is at risk of potential impairment if the fair value of these reporting units, and their associated assets, decrease in value due to the amount and timing of expected future cash flows,
decreased customer demand for products, an inability to execute management\u2019s business strategies, or general market conditions, such as economic downturns, and changes in interest rates, including discount rates. Future cash flow estimates are, by their nature, subjective, and actual results may differ materially from the Company\u2019s estimates. If the Company\u2019s ongoing cash flow projections are not met or if market factors utilized in the impairment test deteriorate, including an unfavorable change in the terminal growth rate or the weighted-average cost of capital, the Company may have to record additional impairment charges in future periods.
Other Intangible Assets
The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Non-amortized intangible assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Trademarks and tradenames(1) | \n \u00a0 | \n $ | \n 193,964 | \n \u00a0 | \n \u00a0 | \n $ | \n 195,237 | \n \u00a0 | \n
Amortized intangible assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Other intangibles(2) | \n \u00a0 | \n \u00a0 | \n 152,114 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 167,886 | \n \u00a0 | \n
Less: Accumulated amortization | \n \u00a0 | \n \u00a0 | \n (120,603 | \n ) | \n \u00a0 | \n \u00a0 | \n (118,324 | \n ) | \n
Net amortized intangible assets | \n \u00a0 | \n \u00a0 | \n 31,511 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 49,562 | \n \u00a0 | \n
Net other intangible assets | \n \u00a0 | \n $ | \n 225,475 | \n \u00a0 | \n \u00a0 | \n $ | \n 244,799 | \n \u00a0 | \n
During the nine months ended March 31, 2025, the Company recorded a non-cash impairment charge of $15,733 within its North America reportable segment related to its personal care intangible assets, primarily Avalon Organics\u00ae JASON\u00ae, and Live Clean\u00ae trademarks and tradenames. The assets are part of the North America reportable segment and have a remaining aggregate carrying amount of nil as of March 31, 2025.
During the three months ended March 31, 2024, the Company recorded a non-cash impairment charge of $10,797 related to Thinsters\u00ae indefinite and definite lived intangible assets in connection with the probable sale of its Thinsters\u00ae cookie business.
During the three months ended March 31, 2024, the Company recorded non-cash impairment charges of $12,815 and $8,000 for the personal care tradenames and the ParmCrisps\u00ae trademark, respectively, to reduce the carrying amounts of such intangible assets to their estimated fair values of $13,000 and nil, respectively, as a result of further expected decline in the actual and projected performance and cash flows.
During the three months ended March 31, 2024, the Company recorded non-cash impairment charges of $10,586 to reduce the carrying amount of the ParmCrisps\u00ae customer relationships to their estimated fair value. Impairment charges were recorded within intangibles and long-lived asset impairment on the Consolidated Statements of Operations. The customer relationship intangible asset was part of the North America reportable segment and was fully impaired as of March 31, 2024.
Amortized intangible assets, which are deemed to have a finite life, primarily consist of customer relationships, trademarks and tradenames and are amortized over their estimated useful lives of 7 to 25 years. The weighted average remaining amortization period of amortized intangible assets is 8.2 years.
Amortization expense included in the consolidated statements of operations is as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Amortization of acquired intangibles | \n \u00a0 | \n $ | \n 1,243 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,255 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,176 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,719 | \n \u00a0 | \n
The following table provides the changes in the carrying value of goodwill by reportable segment:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n North | \n \u00a0 | \n \u00a0 | \n International | \n \u00a0 | \n \u00a0 | \n Total | \n \u00a0 | \n |||
Balance as of June 30, 2024(1) | \n \u00a0 | \n $ | \n 689,468 | \n \u00a0 | \n \u00a0 | \n $ | \n 239,836 | \n \u00a0 | \n \u00a0 | \n $ | \n 929,304 | \n \u00a0 | \n
Divestiture(2) | \n \u00a0 | \n \u00a0 | \n (7,280 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,280 | \n ) | \n
Impairment charges | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n
Reclassification of goodwill to held for sale(3) | \n \u00a0 | \n \u00a0 | \n (10,762 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (10,762 | \n ) | \n
Translation | \n \u00a0 | \n \u00a0 | \n (1,856 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,839 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,983 | \n \u00a0 | \n
Balance as of March 31, 2025 | \n \u00a0 | \n $ | \n 468,052 | \n \u00a0 | \n \u00a0 | \n $ | \n 244,675 | \n \u00a0 | \n \u00a0 | \n $ | \n 712,727 | \n \u00a0 | \n
The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Non-amortized intangible assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Trademarks and tradenames(1) | \n \u00a0 | \n $ | \n 193,964 | \n \u00a0 | \n \u00a0 | \n $ | \n 195,237 | \n \u00a0 | \n
Amortized intangible assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Other intangibles(2) | \n \u00a0 | \n \u00a0 | \n 152,114 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 167,886 | \n \u00a0 | \n
Less: Accumulated amortization | \n \u00a0 | \n \u00a0 | \n (120,603 | \n ) | \n \u00a0 | \n \u00a0 | \n (118,324 | \n ) | \n
Net amortized intangible assets | \n \u00a0 | \n \u00a0 | \n 31,511 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 49,562 | \n \u00a0 | \n
Net other intangible assets | \n \u00a0 | \n $ | \n 225,475 | \n \u00a0 | \n \u00a0 | \n $ | \n 244,799 | \n \u00a0 | \n
Amortization expense included in the consolidated statements of operations is as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Amortization of acquired intangibles | \n \u00a0 | \n $ | \n 1,243 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,255 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,176 | \n \u00a0 | \n \u00a0 | \n $ | \n 4,719 | \n \u00a0 | \n
Debt and borrowings consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Revolving credit facility | \n \u00a0 | \n $ | \n 445,000 | \n \u00a0 | \n \u00a0 | \n $ | \n 475,000 | \n \u00a0 | \n
Term loans | \n \u00a0 | \n \u00a0 | \n 264,925 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 270,550 | \n \u00a0 | \n
Less: Unamortized issuance costs | \n \u00a0 | \n \u00a0 | \n (1,171 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,680 | \n ) | \n
Other borrowings(1) | \n \u00a0 | \n \u00a0 | \n 201 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 222 | \n \u00a0 | \n
| \n \u00a0 | \n \u00a0 | \n 708,955 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 744,092 | \n \u00a0 | \n
Short-term borrowings and current portion of long-term debt(2) | \n \u00a0 | \n \u00a0 | \n 7,554 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 7,569 | \n \u00a0 | \n
Long-term debt, less current portion | \n \u00a0 | \n $ | \n 701,401 | \n \u00a0 | \n \u00a0 | \n $ | \n 736,523 | \n \u00a0 | \n
Credit Agreement
On December 22, 2021, the Company entered into a Fourth Amended and Restated Credit Agreement (as subsequently amended, the \u201cCredit Agreement\u201d). The Credit Agreement originally provided for senior secured financing of $1,100,000 in the aggregate, consisting of (1) $300,000 in aggregate principal amount of term loans (the \u201cTerm Loans\u201d) and (2) an $800,000 senior secured revolving credit facility (which includes borrowing capacity available for letters of credit, and was originally comprised of a $440,000 U.S. revolving credit facility and $360,000 global revolving credit facility) (the \u201cRevolver\u201d). Both the Revolver and the Term Loans mature on December 22, 2026. The Company\u2019s obligations under the Credit Agreement are guaranteed by certain existing and future domestic subsidiaries of the Company and are secured by liens on assets of the Company and its material domestic subsidiaries, including the equity interest in each of their direct subsidiaries and intellectual property, subject to agreed-upon exceptions.
The Credit Agreement includes financial covenants that require compliance with a consolidated secured leverage ratio, a consolidated leverage ratio and a consolidated interest coverage ratio. On August 22, 2023, the Company entered into a Second Amendment (the \u201cSecond Amendment\u201d) to the Credit Agreement. Pursuant to the Second Amendment, the Company\u2019s maximum consolidated secured leverage ratio was amended to be 5.00:1.00 until September 30, 2023, 5.25:1.00 until December 31, 2023, 5.00:1.00 until December 31, 2024, and 4.25:1.00 thereafter. Pursuant to the Credit Agreement, the Company\u2019s maximum consolidated leverage ratio is 6.00:1.00 and its minimum interest coverage ratio is 2.50:1.00.
From the date of the Second Amendment until the date of the Third Amendment (as defined below), loans under the Credit Agreement bore interest at (a) the Secured Overnight Financing Rate plus a credit spread adjustment of 0.10% (\u201cTerm SOFR\u201d) plus 2.5% per annum or (b) the Base Rate (as defined in the Credit Agreement) plus 1.5% per annum.
On May 5, 2025, the Company entered into a Third Amendment (the \u201cThird Amendment\u201d) to the Credit Agreement. Pursuant to the Third Amendment, the Company\u2019s maximum consolidated secured leverage ratio was amended to be 4.75:1.00 for the quarter ending June 30, 2025 through (and including) the quarter ending March 31, 2026, 4.50:1.00 for the quarter ending June 30, 2026, and 4.25:1.00 for the quarter ending September 30, 2026 and thereafter.
Commencing on the date of the Third Amendment, loans under the Credit Agreement bear interest at (a) Term SOFR plus 3.00% per annum or (b) the Base Rate plus 2.00% per annum.
The Third Amendment also reduced the size of the Revolver from $800,000 to $700,000 in the aggregate, with the U.S. revolving credit facility reduced from $440,000 to $385,000 and the global revolving credit facility reduced from $360,000 to $315,000.
Excluding the impact of hedges, the weighted average interest rate on outstanding borrowings under the Credit Agreement at March 31, 2025 was 7.36%. The Company uses interest rate swaps to hedge a portion of the interest rate risk related to its outstanding variable rate debt. As of March 31, 2025, the notional amount of the interest rate swaps was $400,000 with fixed rate payments of 5.10%. Including the impact of hedges, the weighted average interest rate on outstanding borrowings under the
Credit Agreement at March 31, 2025 was 6.41%. Additionally, the Credit Agreement contains a commitment fee of 0.25% per annum on the amount unused under the Credit Agreement.
As of March 31, 2025, there were $445,000 of loans under the Revolver, $264,925 of Term Loans, and $2,775 of letters of credit outstanding under the Credit Agreement. As of March 31, 2025, $352,225 was available under the Credit Agreement, subject to compliance with the financial covenants. As of March 31, 2025, the Company was in compliance with all associated covenants.
Credit Agreement Issuance Costs
In connection with amendments to the Credit Agreement during the second quarter of fiscal year 2023 and the first quarter of fiscal year 2024, the Company incurred debt issuance costs of approximately $5,841, of which $5,729 was deferred. Of the total deferred costs, $4,198 were associated with the Revolver and are being amortized on a straight-line basis within Other assets on the consolidated balance sheets, and $1,531 are being recorded as an adjustment to the carrying amount of the Term Loans as a component of Interest and other financing expense, net over the term of the Credit Agreement utilizing the effective interest rate method.
Interest paid during the three and nine months ended March 31, 2025 was $10,732 and $35,014, respectively. Interest paid during the three and nine months ended March 31, 2024 was $12,666 and $40,054, respectively.
"}]},{"name":"rpt:f-643","factDimensions":{"xbrl:concept":"us-gaap:ScheduleOfDebtInstrumentsTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Debt and borrowings consisted of the following:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||
Revolving credit facility | \n \u00a0 | \n $ | \n 445,000 | \n \u00a0 | \n \u00a0 | \n $ | \n 475,000 | \n \u00a0 | \n
Term loans | \n \u00a0 | \n \u00a0 | \n 264,925 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 270,550 | \n \u00a0 | \n
Less: Unamortized issuance costs | \n \u00a0 | \n \u00a0 | \n (1,171 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,680 | \n ) | \n
Other borrowings(1) | \n \u00a0 | \n \u00a0 | \n 201 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 222 | \n \u00a0 | \n
| \n \u00a0 | \n \u00a0 | \n 708,955 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 744,092 | \n \u00a0 | \n
Short-term borrowings and current portion of long-term debt(2) | \n \u00a0 | \n \u00a0 | \n 7,554 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 7,569 | \n \u00a0 | \n
Long-term debt, less current portion | \n \u00a0 | \n $ | \n 701,401 | \n \u00a0 | \n \u00a0 | \n $ | \n 736,523 | \n \u00a0 | \n
In general, the Company uses an estimated annual effective tax rate, which is based on expected annual income and statutory tax rates in the various jurisdictions in which the Company operates, to determine its quarterly provision for income taxes. However, to the extent that application of the estimated annual effective tax rate is not representative of the quarterly portion of actual tax expense expected to be recorded for the year in a jurisdiction, the Company determines the provision for income taxes based on actual year-to-date income (loss) which it has done for certain jurisdictions for the quarter ended March 31, 2025. Certain significant or unusual items are separately recognized in the quarter in which they occur and can be a source of variability on the effective tax rates from quarter to quarter. The Company\u2019s effective tax rate may change from period-to-period based on recurring and non-recurring factors including the geographical mix of earnings, enacted tax legislation, state and local income taxes and tax audit settlements.
The effective income tax rate was a benefit of 0.4% and an expense of 12.1% for the three months ended March 31, 2025 and 2024, respectively. The effective income tax rate was an expense of 2.3% and a benefit of 6.1% for the nine months ended March 31, 2025 and 2024, respectively. The effective income tax rates for the three and nine months ended March 31, 2025 and March 31, 2024 were impacted by the geographical mix of earnings, state income taxes, impairment of goodwill and intangibles, as well as movement in both federal and state valuation allowances. The effective income tax rates for the three and nine months ended March 31, 2024 were impacted by tax expense related to stock-based compensation, global intangible low-taxed income, and limitations on the deductibility of executive compensation.
"}]},{"name":"rpt:f-709","factDimensions":{"xbrl:concept":"us-gaap:EffectiveIncomeTaxRateContinuingOperations","xbrl:period":"2025-01-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"-0.004","decimals":3}]},{"name":"rpt:f-710","factDimensions":{"xbrl:concept":"us-gaap:EffectiveIncomeTaxRateContinuingOperations","xbrl:period":"2024-01-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"0.121","decimals":3}]},{"name":"rpt:f-711","factDimensions":{"xbrl:concept":"us-gaap:EffectiveIncomeTaxRateContinuingOperations","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"0.023","decimals":3}]},{"name":"rpt:f-712","factDimensions":{"xbrl:concept":"us-gaap:EffectiveIncomeTaxRateContinuingOperations","xbrl:period":"2023-07-01T00:00:00/2024-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"-0.061","decimals":3}]},{"name":"rpt:f-713","factDimensions":{"xbrl:concept":"us-gaap:StockholdersEquityNoteDisclosureTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The following table presents the changes in accumulated other comprehensive loss (\u201cAOCL\u201d):
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Foreign | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Total | \n \u00a0 | \n |||||
Balance at June 30, 2023 | \n \u00a0 | \n $ | \n (138,028 | \n ) | \n \u00a0 | \n $ | \n 10,898 | \n \u00a0 | \n \u00a0 | \n $ | \n 685 | \n \u00a0 | \n \u00a0 | \n $ | \n 229 | \n \u00a0 | \n \u00a0 | \n $ | \n (126,216 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (32,933 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,159 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,741 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (26,603 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,715 | \n ) | \n \u00a0 | \n \u00a0 | \n (717 | \n ) | \n \u00a0 | \n \u00a0 | \n (372 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,804 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended September 30, 2023(1) | \n \u00a0 | \n \u00a0 | \n (32,933 | \n ) | \n \u00a0 | \n \u00a0 | \n 2,444 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (287 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,369 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (29,407 | \n ) | \n
Balance at September 30, 2023 | \n \u00a0 | \n $ | \n (170,961 | \n ) | \n \u00a0 | \n $ | \n 13,342 | \n \u00a0 | \n \u00a0 | \n $ | \n 398 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,598 | \n \u00a0 | \n \u00a0 | \n $ | \n (155,623 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 36,536 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,806 | \n ) | \n \u00a0 | \n \u00a0 | \n (738 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,995 | \n ) | \n \u00a0 | \n \u00a0 | \n 26,997 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,801 | \n ) | \n \u00a0 | \n \u00a0 | \n 774 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (372 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,399 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended December 31, 2023(1) | \n \u00a0 | \n \u00a0 | \n 36,536 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,607 | \n ) | \n \u00a0 | \n \u00a0 | \n 36 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (3,367 | \n ) | \n \u00a0 | \n \u00a0 | \n 25,598 | \n \u00a0 | \n
Balance at December 31, 2023 | \n \u00a0 | \n $ | \n (134,425 | \n ) | \n \u00a0 | \n $ | \n 5,735 | \n \u00a0 | \n \u00a0 | \n $ | \n 434 | \n \u00a0 | \n \u00a0 | \n $ | \n (1,769 | \n ) | \n \u00a0 | \n $ | \n (130,025 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (11,004 | \n ) | \n \u00a0 | \n \u00a0 | \n 5,475 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,748 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (3,351 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,771 | \n ) | \n \u00a0 | \n \u00a0 | \n (557 | \n ) | \n \u00a0 | \n \u00a0 | \n (368 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,696 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended March 31, 2024(1) | \n \u00a0 | \n \u00a0 | \n (11,004 | \n ) | \n \u00a0 | \n \u00a0 | \n 3,704 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (127 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,380 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (6,047 | \n ) | \n
Balance at March 31, 2024 | \n \u00a0 | \n $ | \n (145,429 | \n ) | \n \u00a0 | \n $ | \n 9,439 | \n \u00a0 | \n \u00a0 | \n $ | \n 307 | \n \u00a0 | \n \u00a0 | \n $ | \n (389 | \n ) | \n \u00a0 | \n $ | \n (136,072 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |||||
Balance at June 30, 2024 | \n \u00a0 | \n $ | \n (147,073 | \n ) | \n \u00a0 | \n $ | \n 9,395 | \n \u00a0 | \n \u00a0 | \n $ | \n 297 | \n \u00a0 | \n \u00a0 | \n $ | \n 136 | \n \u00a0 | \n \u00a0 | \n $ | \n (137,245 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 47,815 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,515 | \n ) | \n \u00a0 | \n \u00a0 | \n (606 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,457 | \n ) | \n \u00a0 | \n \u00a0 | \n 39,237 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,749 | \n ) | \n \u00a0 | \n \u00a0 | \n 719 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (371 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,401 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended September 30, 2024(1) | \n \u00a0 | \n \u00a0 | \n 47,815 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,264 | \n ) | \n \u00a0 | \n \u00a0 | \n 113 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,828 | \n ) | \n \u00a0 | \n \u00a0 | \n 37,836 | \n \u00a0 | \n
Balance at September 30, 2024 | \n \u00a0 | \n $ | \n (99,258 | \n ) | \n \u00a0 | \n $ | \n 2,131 | \n \u00a0 | \n \u00a0 | \n $ | \n 410 | \n \u00a0 | \n \u00a0 | \n $ | \n (2,692 | \n ) | \n \u00a0 | \n $ | \n (99,409 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (64,695 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,357 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,190 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 4,831 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (54,317 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,351 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,542 | \n ) | \n \u00a0 | \n \u00a0 | \n (364 | \n ) | \n \u00a0 | \n \u00a0 | \n (3,257 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended December 31, 2024(1) | \n \u00a0 | \n \u00a0 | \n (64,695 | \n ) | \n \u00a0 | \n \u00a0 | \n 3,006 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (352 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,467 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (57,574 | \n ) | \n
Balance at December 31, 2024 | \n \u00a0 | \n $ | \n (163,953 | \n ) | \n \u00a0 | \n $ | \n 5,137 | \n \u00a0 | \n \u00a0 | \n $ | \n 58 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,775 | \n \u00a0 | \n \u00a0 | \n $ | \n (156,983 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 28,366 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,061 | \n ) | \n \u00a0 | \n \u00a0 | \n (646 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,610 | \n ) | \n \u00a0 | \n \u00a0 | \n 24,049 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (748 | \n ) | \n \u00a0 | \n \u00a0 | \n 744 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (335 | \n ) | \n \u00a0 | \n \u00a0 | \n (339 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended March 31, 2025(1) | \n \u00a0 | \n \u00a0 | \n 28,366 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,809 | \n ) | \n \u00a0 | \n \u00a0 | \n 98 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,945 | \n ) | \n \u00a0 | \n \u00a0 | \n 23,710 | \n \u00a0 | \n
Balance at March 31, 2025 | \n \u00a0 | \n $ | \n (135,587 | \n ) | \n \u00a0 | \n $ | \n 3,328 | \n \u00a0 | \n \u00a0 | \n $ | \n 156 | \n \u00a0 | \n \u00a0 | \n $ | \n (1,170 | \n ) | \n \u00a0 | \n $ | \n (133,273 | \n ) | \n
\u00a0
The following table presents the changes in accumulated other comprehensive loss (\u201cAOCL\u201d):
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Foreign | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Deferred | \n \u00a0 | \n \u00a0 | \n Total | \n \u00a0 | \n |||||
Balance at June 30, 2023 | \n \u00a0 | \n $ | \n (138,028 | \n ) | \n \u00a0 | \n $ | \n 10,898 | \n \u00a0 | \n \u00a0 | \n $ | \n 685 | \n \u00a0 | \n \u00a0 | \n $ | \n 229 | \n \u00a0 | \n \u00a0 | \n $ | \n (126,216 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (32,933 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,159 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,741 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (26,603 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,715 | \n ) | \n \u00a0 | \n \u00a0 | \n (717 | \n ) | \n \u00a0 | \n \u00a0 | \n (372 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,804 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended September 30, 2023(1) | \n \u00a0 | \n \u00a0 | \n (32,933 | \n ) | \n \u00a0 | \n \u00a0 | \n 2,444 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (287 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,369 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (29,407 | \n ) | \n
Balance at September 30, 2023 | \n \u00a0 | \n $ | \n (170,961 | \n ) | \n \u00a0 | \n $ | \n 13,342 | \n \u00a0 | \n \u00a0 | \n $ | \n 398 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,598 | \n \u00a0 | \n \u00a0 | \n $ | \n (155,623 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 36,536 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,806 | \n ) | \n \u00a0 | \n \u00a0 | \n (738 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,995 | \n ) | \n \u00a0 | \n \u00a0 | \n 26,997 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,801 | \n ) | \n \u00a0 | \n \u00a0 | \n 774 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (372 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,399 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended December 31, 2023(1) | \n \u00a0 | \n \u00a0 | \n 36,536 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,607 | \n ) | \n \u00a0 | \n \u00a0 | \n 36 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (3,367 | \n ) | \n \u00a0 | \n \u00a0 | \n 25,598 | \n \u00a0 | \n
Balance at December 31, 2023 | \n \u00a0 | \n $ | \n (134,425 | \n ) | \n \u00a0 | \n $ | \n 5,735 | \n \u00a0 | \n \u00a0 | \n $ | \n 434 | \n \u00a0 | \n \u00a0 | \n $ | \n (1,769 | \n ) | \n \u00a0 | \n $ | \n (130,025 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (11,004 | \n ) | \n \u00a0 | \n \u00a0 | \n 5,475 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,748 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (3,351 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,771 | \n ) | \n \u00a0 | \n \u00a0 | \n (557 | \n ) | \n \u00a0 | \n \u00a0 | \n (368 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,696 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended March 31, 2024(1) | \n \u00a0 | \n \u00a0 | \n (11,004 | \n ) | \n \u00a0 | \n \u00a0 | \n 3,704 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (127 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,380 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (6,047 | \n ) | \n
Balance at March 31, 2024 | \n \u00a0 | \n $ | \n (145,429 | \n ) | \n \u00a0 | \n $ | \n 9,439 | \n \u00a0 | \n \u00a0 | \n $ | \n 307 | \n \u00a0 | \n \u00a0 | \n $ | \n (389 | \n ) | \n \u00a0 | \n $ | \n (136,072 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n |||||
Balance at June 30, 2024 | \n \u00a0 | \n $ | \n (147,073 | \n ) | \n \u00a0 | \n $ | \n 9,395 | \n \u00a0 | \n \u00a0 | \n $ | \n 297 | \n \u00a0 | \n \u00a0 | \n $ | \n 136 | \n \u00a0 | \n \u00a0 | \n $ | \n (137,245 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 47,815 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,515 | \n ) | \n \u00a0 | \n \u00a0 | \n (606 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,457 | \n ) | \n \u00a0 | \n \u00a0 | \n 39,237 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,749 | \n ) | \n \u00a0 | \n \u00a0 | \n 719 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (371 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,401 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended September 30, 2024(1) | \n \u00a0 | \n \u00a0 | \n 47,815 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (7,264 | \n ) | \n \u00a0 | \n \u00a0 | \n 113 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,828 | \n ) | \n \u00a0 | \n \u00a0 | \n 37,836 | \n \u00a0 | \n
Balance at September 30, 2024 | \n \u00a0 | \n $ | \n (99,258 | \n ) | \n \u00a0 | \n $ | \n 2,131 | \n \u00a0 | \n \u00a0 | \n $ | \n 410 | \n \u00a0 | \n \u00a0 | \n $ | \n (2,692 | \n ) | \n \u00a0 | \n $ | \n (99,409 | \n ) | \n
Other comprehensive (loss) income before reclassifications | \n \u00a0 | \n \u00a0 | \n (64,695 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,357 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,190 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 4,831 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (54,317 | \n ) | \n
Amounts reclassified into income | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,351 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,542 | \n ) | \n \u00a0 | \n \u00a0 | \n (364 | \n ) | \n \u00a0 | \n \u00a0 | \n (3,257 | \n ) | \n
Net change in accumulated other comprehensive (loss) income for the three months ended December 31, 2024(1) | \n \u00a0 | \n \u00a0 | \n (64,695 | \n ) | \n \u00a0 | \n \u00a0 | \n 3,006 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (352 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,467 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (57,574 | \n ) | \n
Balance at December 31, 2024 | \n \u00a0 | \n $ | \n (163,953 | \n ) | \n \u00a0 | \n $ | \n 5,137 | \n \u00a0 | \n \u00a0 | \n $ | \n 58 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,775 | \n \u00a0 | \n \u00a0 | \n $ | \n (156,983 | \n ) | \n
Other comprehensive income (loss) before reclassifications | \n \u00a0 | \n \u00a0 | \n 28,366 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,061 | \n ) | \n \u00a0 | \n \u00a0 | \n (646 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,610 | \n ) | \n \u00a0 | \n \u00a0 | \n 24,049 | \n \u00a0 | \n
Amounts reclassified into (income) expense | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (748 | \n ) | \n \u00a0 | \n \u00a0 | \n 744 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (335 | \n ) | \n \u00a0 | \n \u00a0 | \n (339 | \n ) | \n
Net change in accumulated other comprehensive income (loss) for the three months ended March 31, 2025(1) | \n \u00a0 | \n \u00a0 | \n 28,366 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,809 | \n ) | \n \u00a0 | \n \u00a0 | \n 98 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,945 | \n ) | \n \u00a0 | \n \u00a0 | \n 23,710 | \n \u00a0 | \n
Balance at March 31, 2025 | \n \u00a0 | \n $ | \n (135,587 | \n ) | \n \u00a0 | \n $ | \n 3,328 | \n \u00a0 | \n \u00a0 | \n $ | \n 156 | \n \u00a0 | \n \u00a0 | \n $ | \n (1,170 | \n ) | \n \u00a0 | \n $ | \n (133,273 | \n ) | \n
\u00a0
The Company maintains a shareholder-approved plan, The Hain Celestial Group, Inc. 2022 Long Term Incentive and Stock Award Plan (as amended, the \u201c2022 Plan\u201d), which was approved at the Company\u2019s 2022 Annual Meeting of Shareholders held on November 17, 2022, and further amended at the Company\u2019s 2024 Annual Meeting of Shareholders held on October 31, 2024. The 2022 Plan permits the Company to continue making equity-based and other incentive awards in a manner intended to properly incentivize its employees, directors, consultants and other service providers by aligning their interests with the interests of the Company\u2019s shareholders. The 2022 Plan is administered by the Compensation Committee of the Company\u2019s Board of Directors. The Company also historically granted shares under its Amended and Restated 2002 Long-Term Incentive and Stock Award Plan and its 2019 Equity Inducement Award Program. The Company\u2019s long-term incentive program (\u201cLTIP\u201d) is described in Note 13, Stock-Based Compensation and Incentive Performance Plans, in the Notes to the Consolidated Financial Statements in the Form 10-K.
In the second quarter of fiscal 2025, a new form of awards was granted to employees that can be settled in cash or stock, at the Company\u2019s discretion. These awards are accounted for as liability-based equity awards, since the Company has the ability and intent to settle such awards in cash.
Compensation cost and related income tax benefits recognized in the consolidated statements of operations for stock-based compensation plans were as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Selling, general and administrative expense | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Stock-based awards | \n \u00a0 | \n $ | \n 2,973 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,017 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,422 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,135 | \n \u00a0 | \n
Cash-settled awards | \n \u00a0 | \n \u00a0 | \n 291 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 563 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Total selling, general and administrative expenses | \n \u00a0 | \n $ | \n 3,264 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,017 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,985 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,135 | \n \u00a0 | \n
Related income tax benefit | \n \u00a0 | \n $ | \n 275 | \n \u00a0 | \n \u00a0 | \n $ | \n 316 | \n \u00a0 | \n \u00a0 | \n $ | \n 748 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,170 | \n \u00a0 | \n
\u00a0
Stock-Based Award Activity
Stock-based awards are generally issued in the form of restricted share units (\u201cRSUs\u201d), which are service-based awards, and performance share units (\u201cPSUs\u201d) that are subject to the achievement of minimum market conditions or performance goals. RSU awards to employees generally provide for vesting in equal annual installments over a period of three years, with different vesting periods in certain cases. RSU awards to non-employee directors generally provide for a vesting period of one year. For PSU awards, the following share figures are stated at target levels, and the awards outstanding as of March 31, 2025 generally provide for vesting at 0% to 150% or 200% of the target level. Awards of PSUs and RSUs are issued at no cost to the recipient. A summary of all stock-based award activity for the nine months ended March 31, 2025 is as follows:
| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Number of Shares | \n \u00a0 | \n \u00a0 | \n Weighted | \n \u00a0 | \n ||
Non-vested RSUs and PSUs outstanding at June 30, 2024 | \n \u00a0 | \n \u00a0 | \n 2,165 | \n \u00a0 | \n \u00a0 | \n $ | \n 15.03 | \n \u00a0 | \n
Granted | \n \u00a0 | \n \u00a0 | \n 1,654 | \n \u00a0 | \n \u00a0 | \n $ | \n 8.98 | \n \u00a0 | \n
Vested | \n \u00a0 | \n \u00a0 | \n (578 | \n ) | \n \u00a0 | \n $ | \n 13.55 | \n \u00a0 | \n
Forfeited | \n \u00a0 | \n \u00a0 | \n (288 | \n ) | \n \u00a0 | \n $ | \n 19.20 | \n \u00a0 | \n
Non-vested RSUs and PSUs outstanding at March 31, 2025 | \n \u00a0 | \n \u00a0 | \n 2,953 | \n \u00a0 | \n \u00a0 | \n $ | \n 11.53 | \n \u00a0 | \n
\u00a0
\u00a0
The fair value of RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting, was as follows:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Nine Months Ended March 31, | \n \u00a0 | \n |||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||
Fair value of RSUs and PSUs granted | \n \u00a0 | \n $ | \n 14,855 | \n \u00a0 | \n \u00a0 | \n $ | \n 19,965 | \n \u00a0 | \n
Fair value of shares vested | \n \u00a0 | \n $ | \n 4,715 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,430 | \n \u00a0 | \n
Tax benefit recognized from restricted shares vesting | \n \u00a0 | \n $ | \n 620 | \n \u00a0 | \n \u00a0 | \n $ | \n 650 | \n \u00a0 | \n
\u00a0
At March 31, 2025, there was $21,452 of unrecognized stock-based compensation expense related to non-vested stock-based awards, which is expected to be recognized over a weighted average period of 1.30 years.
Cash-Settled Award Activity
The Company grants cash-settled awards that are either service-based or subject to the achievement of minimum market conditions or performance goals. Service-based cash awards generally provide for vesting in equal annual installments over a period of three years, with different vesting periods in certain cases. For cash awards tied to minimum market conditions or performance goals, award amounts are stated at target levels with vesting at 0% to 150% of the target level depending on conditions or performance. Cash-based awards are issued at no cost to the recipient.
The fair value of these cash-settled awards is measured at each reporting period until the awards are settled. The performance-based cash-settled award liability at March 31, 2025 was recorded ratably based on the Company's projected achievement at the end of the measurement period. The cash incentive award liability was $563 at March 31, 2025, $447 of which is classified as a liability and reported in accrued expenses and other current liabilities, with the balance included other non-current liabilities within the consolidated balance sheet.
During the three months ended March 31, 2025, the estimated fair value of granted cash-settled awards was $4,749. For the reporting period, the Company recognized a forfeiture adjustment of $753. As of March 31, 2025, the total remaining non-vested cash-settled awards outstanding was $3,996.
At March 31, 2025, there was $3,433 of unrecognized cash-based compensation expense related to non-vested awards, which is expected to be recognized over a weighted average period of 2.58 years.
"}]},{"name":"rpt:f-846","factDimensions":{"xbrl:concept":"us-gaap:ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"Compensation cost and related income tax benefits recognized in the consolidated statements of operations for stock-based compensation plans were as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Selling, general and administrative expense | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Stock-based awards | \n \u00a0 | \n $ | \n 2,973 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,017 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,422 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,135 | \n \u00a0 | \n
Cash-settled awards | \n \u00a0 | \n \u00a0 | \n 291 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 563 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Total selling, general and administrative expenses | \n \u00a0 | \n $ | \n 3,264 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,017 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,985 | \n \u00a0 | \n \u00a0 | \n $ | \n 10,135 | \n \u00a0 | \n
Related income tax benefit | \n \u00a0 | \n $ | \n 275 | \n \u00a0 | \n \u00a0 | \n $ | \n 316 | \n \u00a0 | \n \u00a0 | \n $ | \n 748 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,170 | \n \u00a0 | \n
| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Number of Shares | \n \u00a0 | \n \u00a0 | \n Weighted | \n \u00a0 | \n ||
Non-vested RSUs and PSUs outstanding at June 30, 2024 | \n \u00a0 | \n \u00a0 | \n 2,165 | \n \u00a0 | \n \u00a0 | \n $ | \n 15.03 | \n \u00a0 | \n
Granted | \n \u00a0 | \n \u00a0 | \n 1,654 | \n \u00a0 | \n \u00a0 | \n $ | \n 8.98 | \n \u00a0 | \n
Vested | \n \u00a0 | \n \u00a0 | \n (578 | \n ) | \n \u00a0 | \n $ | \n 13.55 | \n \u00a0 | \n
Forfeited | \n \u00a0 | \n \u00a0 | \n (288 | \n ) | \n \u00a0 | \n $ | \n 19.20 | \n \u00a0 | \n
Non-vested RSUs and PSUs outstanding at March 31, 2025 | \n \u00a0 | \n \u00a0 | \n 2,953 | \n \u00a0 | \n \u00a0 | \n $ | \n 11.53 | \n \u00a0 | \n
\u00a0
"}]},{"name":"rpt:f-867","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber","xbrl:period":"2024-07-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"2165000","decimals":-3}]},{"name":"rpt:f-868","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue","xbrl:period":"2024-07-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"15.03","decimals":2}]},{"name":"rpt:f-869","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"1654000","decimals":-3}]},{"name":"rpt:f-870","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"8.98","decimals":2}]},{"name":"rpt:f-871","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"578000","decimals":-3}]},{"name":"rpt:f-872","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"13.55","decimals":2}]},{"name":"rpt:f-873","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"288000","decimals":-3}]},{"name":"rpt:f-874","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"19.2","decimals":2}]},{"name":"rpt:f-875","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber","xbrl:period":"2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"2953000","decimals":-3}]},{"name":"rpt:f-876","factDimensions":{"xbrl:concept":"us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue","xbrl:period":"2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"iso4217:USD/xbrla:shares","us-gaap:AwardTypeAxis":"hain:RSUsAndPSUsMember"},"factValues":[{"value":"11.53","decimals":2}]},{"name":"rpt:f-877","factDimensions":{"xbrl:concept":"hain:RestrictedStockGrantInformationTableTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The fair value of RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting, was as follows:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Nine Months Ended March 31, | \n \u00a0 | \n |||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||
Fair value of RSUs and PSUs granted | \n \u00a0 | \n $ | \n 14,855 | \n \u00a0 | \n \u00a0 | \n $ | \n 19,965 | \n \u00a0 | \n
Fair value of shares vested | \n \u00a0 | \n $ | \n 4,715 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,430 | \n \u00a0 | \n
Tax benefit recognized from restricted shares vesting | \n \u00a0 | \n $ | \n 620 | \n \u00a0 | \n \u00a0 | \n $ | \n 650 | \n \u00a0 | \n
The Company\u2019s financial assets and liabilities measured at fair value are required to be grouped in one of three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities. These levels are:
The following table presents assets and liabilities measured at fair value on a recurring basis as of March 31, 2025:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Total | \n \u00a0 | \n \u00a0 | \n Quoted | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n ||||
Assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Liabilities: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
\u00a0
The following table presents assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Total | \n \u00a0 | \n \u00a0 | \n Quoted | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n ||||
Assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Liabilities: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
\u00a0
There were no of financial instruments between the three levels of fair value hierarchy during the nine months ended March 31, 2025 or 2024.
Derivative Instruments
The Company uses interest rate swaps to manage interest rate risk and cross-currency swaps and foreign currency exchange contracts to manage exposure to currency fluctuations. These instruments are valued using techniques like DCF analysis, which considers the contractual terms and market-based inputs such as interest rate curves and implied volatilities. The fair values of interest rate swaps are determined by netting the discounted future fixed and variable cash flows. The variable cash flows are based on expected future interest rates.
Credit valuation adjustments are made to reflect the nonperformance risk of both the Company and its counterparties. Most inputs used to value derivatives fall within Level 2 of the fair value hierarchy, but credit valuation adjustments use Level 3 inputs, such as current credit spreads. The impact of these adjustments was not significant to the overall valuation, so all derivatives as of March 31, 2025 and June 30, 2024 were classified as Level 2.
Nonrecurring Fair Value Measurements
The Company measures certain non-financial assets, such as goodwill, intangible assets, property and equipment, and right-of-use lease assets, at fair value on a nonrecurring basis. These assets are initially measured at fair value at the time of acquisition or purchase, with adjustments only for foreign currency translation. Periodically, these assets are tested for impairment by comparing their carrying values to their estimated fair values. If an asset is impaired, the Company recognizes an impairment expense equal to the excess of the carrying value over the estimated fair value.
For indefinite-lived intangible assets, fair value is determined using the relief from royalty approach, considering factors like future growth, royalty rates, discount rates, and other variables. Fair value measurements for reporting units are estimated using a blended analysis of the DCF income approach and GPCM market approach, which involve significant management judgment and Level 3 inputs, such as economic conditions and customer demand. These measurements are performed at least annually for impairment testing. The Company bases its fair value estimates on reasonable assumptions but acknowledges their unpredictability and inherent uncertainty.
During the nine months ended March 31, 2025, the Company recorded aggregate non-cash impairment charges of $201,518 related to goodwill within its North America reportable segment as discussed in Note 9, Goodwill and Other Intangible Assets.
During the three and nine months ended March 31, 2024, the Company recorded non-cash impairment charges of $18,586, $10,797, and $12,815 for ParmCrisps\u00ae , Thinsters\u00ae , and certain North America personal care intangible assets, respectively, as discussed in Note 9, Goodwill and Other Intangible Assets.
During the three and nine months ended March 31, 2024, the Company recorded non-cash impairment charges of $5,875 for certain machinery and equipment within the ParmCrisps\u00ae asset group, as discussed in Note 7, Property, Plant and Equipment, Net.
During the nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $20,666 related to an asset group in the North America reportable segment, as discussed in Note 7, Property, Plant and Equipment, net.
The Company\u2019s financial assets and liabilities measured at fair value are required to be grouped in one of three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities. These levels are:
Derivative Instruments
The Company uses interest rate swaps to manage interest rate risk and cross-currency swaps and foreign currency exchange contracts to manage exposure to currency fluctuations. These instruments are valued using techniques like DCF analysis, which considers the contractual terms and market-based inputs such as interest rate curves and implied volatilities. The fair values of interest rate swaps are determined by netting the discounted future fixed and variable cash flows. The variable cash flows are based on expected future interest rates.
Credit valuation adjustments are made to reflect the nonperformance risk of both the Company and its counterparties. Most inputs used to value derivatives fall within Level 2 of the fair value hierarchy, but credit valuation adjustments use Level 3 inputs, such as current credit spreads. The impact of these adjustments was not significant to the overall valuation, so all derivatives as of March 31, 2025 and June 30, 2024 were classified as Level 2.
Nonrecurring Fair Value Measurements
The Company measures certain non-financial assets, such as goodwill, intangible assets, property and equipment, and right-of-use lease assets, at fair value on a nonrecurring basis. These assets are initially measured at fair value at the time of acquisition or purchase, with adjustments only for foreign currency translation. Periodically, these assets are tested for impairment by comparing their carrying values to their estimated fair values. If an asset is impaired, the Company recognizes an impairment expense equal to the excess of the carrying value over the estimated fair value.
For indefinite-lived intangible assets, fair value is determined using the relief from royalty approach, considering factors like future growth, royalty rates, discount rates, and other variables. Fair value measurements for reporting units are estimated using a blended analysis of the DCF income approach and GPCM market approach, which involve significant management judgment and Level 3 inputs, such as economic conditions and customer demand. These measurements are performed at least annually for impairment testing. The Company bases its fair value estimates on reasonable assumptions but acknowledges their unpredictability and inherent uncertainty.
During the nine months ended March 31, 2025, the Company recorded aggregate non-cash impairment charges of $201,518 related to goodwill within its North America reportable segment as discussed in Note 9, Goodwill and Other Intangible Assets.
During the three and nine months ended March 31, 2024, the Company recorded non-cash impairment charges of $18,586, $10,797, and $12,815 for ParmCrisps\u00ae , Thinsters\u00ae , and certain North America personal care intangible assets, respectively, as discussed in Note 9, Goodwill and Other Intangible Assets.
During the three and nine months ended March 31, 2024, the Company recorded non-cash impairment charges of $5,875 for certain machinery and equipment within the ParmCrisps\u00ae asset group, as discussed in Note 7, Property, Plant and Equipment, Net.
During the nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $20,666 related to an asset group in the North America reportable segment, as discussed in Note 7, Property, Plant and Equipment, net.
"}]},{"name":"rpt:f-897","factDimensions":{"xbrl:concept":"us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The following table presents assets and liabilities measured at fair value on a recurring basis as of March 31, 2025:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Total | \n \u00a0 | \n \u00a0 | \n Quoted | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n ||||
Assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Liabilities: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
\u00a0
The following table presents assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Total | \n \u00a0 | \n \u00a0 | \n Quoted | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n \u00a0 | \n Significant | \n \u00a0 | \n ||||
Assets: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Liabilities: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Derivative financial instruments | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Risk Management Objective of Using Derivatives
The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company manages its exposures to a wide variety of business and operational risks. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company\u2019s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company\u2019s known or expected cash receipts and its known or expected cash payments principally related to the Company\u2019s receivables and borrowings.
Certain of the Company\u2019s foreign operations expose the Company to fluctuations of foreign exchange rates. These fluctuations may impact the value of the Company\u2019s cash receipts and payments in terms of the Company\u2019s functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain assets and liabilities in terms of its functional currency, the U.S. Dollar. Accordingly, the Company uses derivative financial instruments to manage and mitigate such risks. The Company does not use derivatives for speculative or trading purposes.
Cash Flow Hedges of Interest Rate Risk
The Company\u2019s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. During the three and nine months ended March 31, 2025 and 2024, such derivatives were used to hedge the variable cash flows associated with existing variable rate debt.
For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in AOCL and subsequently reclassified into interest expense in the same period during which the hedged transaction affects earnings. Amounts reported in AOCL related to derivatives will be reclassified to interest expense as interest payments are made on the Company\u2019s variable rate debt. During the next 12 months, the Company estimates that an additional $3,518 will be reclassified as a decrease to interest expense.
As of March 31, 2025, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n |
Interest Rate Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Amount | \n \u00a0 | \n |
Interest rate swap | \n \u00a0 | \n 4 | \n \u00a0 | \n $ | \n 400,000 | \n \u00a0 | \n
\u00a0
Cash Flow Hedges of Foreign Exchange Risk
The Company is exposed to fluctuations in various foreign currencies against its functional currency, the U.S. Dollar. The Company, at times, uses forward contracts to manage its exposure to fluctuations in the GBP-EUR exchange rates. The Company designates these derivatives as cash flow hedges of foreign exchange risks.
For derivatives designated and that qualify as cash flow hedges of foreign exchange risk, the gain or loss on the derivative is recorded in AOCL and subsequently reclassified in the same period during which the hedged transaction affects earnings within the same income statement line item as the earnings effect of the hedged transaction. During the next 12 months, the Company estimates that an additional $153 relating to the foreign currency forward contracts will be reclassified to interest expense.
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge its foreign exchange risks:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Foreign currency forward contract | \n \u00a0 | \n 6 | \n \u00a0 | \n \u00a3 | \n 14,642 | \n \u00a0 | \n \u00a0 | \n \u20ac | \n 17,350 | \n \u00a0 | \n
\u00a0
Net Investment Hedges
The Company is exposed to fluctuations in foreign exchange rates on investments it holds in its European foreign entities and their exposure to the Euro. The Company uses fixed-to-fixed cross-currency swaps to hedge its exposure to changes in the foreign exchange rate on its foreign investment in Western Europe. Currency forward agreements involve fixing the USD-EUR exchange rate for delivery of a specified amount of foreign currency on a specified date. The currency forward agreements are typically cash settled in U.S. Dollars for their fair value at or close to their settlement date. Cross-currency swaps involve the receipt of functional-currency-fixed-rate amounts from a counterparty in exchange for the Company making foreign-currency- fixed-rate payments over the life of the agreement.
For derivatives designated as net investment hedges, the gain or loss on the derivative is reported in AOCL as part of the cumulative translation adjustment. Amounts are reclassified out of AOCL into earnings when the hedged net investment is either sold or substantially liquidated.
During the three months ended March 31, 2025, the Company terminated four EUR-USD cross-currency swaps across various counterparties and received proceeds of $2,363. The Company simultaneously entered into new, at-market cross currency swaps with the same aggregate notional amount as the previous net investment hedges. The gain from termination will remain in AOCL until the net investment is sold or substantially liquidated.
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Cross-currency swap | \n \u00a0 | \n 4 | \n \u00a0 | \n \u20ac | \n 100,300 | \n \u00a0 | \n \u00a0 | \n $ | \n 103,312 | \n \u00a0 | \n
\u00a0
Fair Value Hedges
The Company is exposed to changes in the fair value of certain of its foreign denominated intercompany loans due to changes in foreign exchange spot rates. The Company uses fixed-to-fixed cross-currency swaps to hedge its exposure to changes in foreign exchange rates affecting gains and losses on intercompany loan principal and interest. Cross-currency swaps involve the receipt of functional-currency-fixed-rate amounts from a counterparty in exchange for the Company making foreign-currency-fixed-rate payments over the life of the agreement.
For derivatives designated and that qualify as fair value hedges, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in interest and other financing expense, net.
Gains and losses on the derivative representing hedge components excluded from the assessment of effectiveness are recognized over the life of the hedge on a systematic and rational basis, as documented at hedge inception in accordance with the Company\u2019s accounting policy election. The earnings recognition of excluded components is presented in the same income statement line item as the earnings effect of the hedged transaction. During the next 12 months, the Company estimates that an additional $476 relating to cross currency swaps will be reclassified as a decrease to interest expense.
During the three months ended March 31, 2025, the Company terminated one EUR-USD cross-currency swap and received proceeds of $552. The Company simultaneously entered into a new, at-market cross currency swap with the same notional amount as the previous fair value hedge. A portion of gain was recognized in the statement of comprehensive (loss) income, and the balance was deferred to AOCL where it will be amortized on a straight-line basis.
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge changes in fair value attributable to foreign exchange risk:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Cross-currency swap | \n \u00a0 | \n 1 | \n \u00a0 | \n \u20ac | \n 24,700 | \n \u00a0 | \n \u00a0 | \n $ | \n 25,453 | \n \u00a0 | \n
\u00a0
As of March 31, 2025 and June 30, 2024, the following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustment for fair value hedges:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Carrying Amount of the Hedged Asset | \n \u00a0 | \n \u00a0 | \n Cumulative Amount of Fair Value Hedge Adjustment Included in the Carrying Amount of the Hedged Asset | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||||
Intercompany loan receivable | \n \u00a0 | \n $ | \n 26,671 | \n \u00a0 | \n \u00a0 | \n $ | \n 26,465 | \n \u00a0 | \n \u00a0 | \n $ | \n 206 | \n \u00a0 | \n \u00a0 | \n $ | \n (480 | \n ) | \n
\u00a0
Designated Hedges
The following table presents the fair value of the Company\u2019s derivative financial instruments as well as their classification on the consolidated balance sheet as of March 31, 2025:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Asset Derivatives | \n \u00a0 | \n \u00a0 | \n Liability Derivatives | \n \u00a0 | \n ||||||
| \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n ||
Derivatives designated as hedging instruments: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Interest rate swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n $ | \n 3,510 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Interest rate swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 1,126 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 2,333 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n 8,161 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n 119 | \n \u00a0 | \n
Total derivatives designated as hedging instruments | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n
\u00a0
The following table presents the fair value of the Company\u2019s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Asset Derivatives | \n \u00a0 | \n \u00a0 | \n Liability Derivatives | \n \u00a0 | \n ||||||
| \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n ||
Derivatives designated as hedging instruments: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Interest rate swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n $ | \n 7,455 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Interest rate swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 5,151 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 2,376 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n 3,333 | \n \u00a0 | \n
Total derivatives designated as hedging instruments | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n
The following table presents the pre-tax effect of the Company\u2019s cash flow hedges, net investment hedges, and fair value hedges on AOCL for the three and nine months ended March 31, 2025 and 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
\u00a0 | \n \u00a0 | \n Amount of (Loss) Gain Recognized in AOCL on Derivatives | \n \u00a0 | \n |||||||||||||
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Derivatives in cash flow hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest rate swaps | \n \u00a0 | \n $ | \n (1,633 | \n ) | \n \u00a0 | \n $ | \n 7,274 | \n \u00a0 | \n \u00a0 | \n $ | \n (2,611 | \n ) | \n \u00a0 | \n $ | \n 5,028 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n 152 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1 | \n ) | \n \u00a0 | \n \u00a0 | \n (304 | \n ) | \n \u00a0 | \n \u00a0 | \n 50 | \n \u00a0 | \n
Derivatives in net investment hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n (3,512 | \n ) | \n \u00a0 | \n \u00a0 | \n 2,322 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (215 | \n ) | \n \u00a0 | \n \u00a0 | \n 659 | \n \u00a0 | \n
Derivatives in fair value hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
\u00a0Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n (864 | \n ) | \n \u00a0 | \n \u00a0 | \n 572 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (52 | \n ) | \n \u00a0 | \n \u00a0 | \n 163 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n (5,857 | \n ) | \n \u00a0 | \n $ | \n 10,167 | \n \u00a0 | \n \u00a0 | \n $ | \n (3,182 | \n ) | \n \u00a0 | \n $ | \n 5,900 | \n \u00a0 | \n
The following table presents the pre-tax effect of the Company\u2019s cash flow hedges, net investment hedges, and fair value hedges on the consolidated statements of operations, recorded in interest and other financing expense, net, for the three and nine months ended March 31, 2025 and 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
\u00a0 | \n \u00a0 | \n Amount of Gain Reclassified from AOCL into Income (Expense) | \n \u00a0 | \n |||||||||||||
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Derivatives in cash flow hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest and other financing expense, net: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest rate swaps | \n \u00a0 | \n $ | \n 1,311 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,363 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,359 | \n \u00a0 | \n \u00a0 | \n $ | \n 7,037 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n (92 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 36 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cost of sales: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n (134 | \n ) | \n \u00a0 | \n \u00a0 | \n (10 | \n ) | \n \u00a0 | \n \u00a0 | \n (134 | \n ) | \n \u00a0 | \n \u00a0 | \n (10 | \n ) | \n
Derivatives in net investment hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
\u00a0Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n 450 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 489 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,439 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,479 | \n \u00a0 | \n
Derivatives in fair value hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Cross-currency swaps(1) | \n \u00a0 | \n \u00a0 | \n (995 | \n ) | \n \u00a0 | \n \u00a0 | \n 122 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 146 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 369 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n 540 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,964 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,846 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,875 | \n \u00a0 | \n
As of March 31, 2025, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n |
Interest Rate Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Amount | \n \u00a0 | \n |
Interest rate swap | \n \u00a0 | \n 4 | \n \u00a0 | \n $ | \n 400,000 | \n \u00a0 | \n
\u00a0
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge its foreign exchange risks:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Foreign currency forward contract | \n \u00a0 | \n 6 | \n \u00a0 | \n \u00a3 | \n 14,642 | \n \u00a0 | \n \u00a0 | \n \u20ac | \n 17,350 | \n \u00a0 | \n
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Cross-currency swap | \n \u00a0 | \n 4 | \n \u00a0 | \n \u20ac | \n 100,300 | \n \u00a0 | \n \u00a0 | \n $ | \n 103,312 | \n \u00a0 | \n
As of March 31, 2025, the Company had the following outstanding foreign currency derivatives that were used to hedge changes in fair value attributable to foreign exchange risk:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
Foreign Currency Derivative | \n \u00a0 | \n Number of Instruments | \n \u00a0 | \n Notional Sold | \n \u00a0 | \n \u00a0 | \n Notional Purchased | \n \u00a0 | \n ||
Cross-currency swap | \n \u00a0 | \n 1 | \n \u00a0 | \n \u20ac | \n 24,700 | \n \u00a0 | \n \u00a0 | \n $ | \n 25,453 | \n \u00a0 | \n
\u00a0
As of March 31, 2025 and June 30, 2024, the following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustment for fair value hedges:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Carrying Amount of the Hedged Asset | \n \u00a0 | \n \u00a0 | \n Cumulative Amount of Fair Value Hedge Adjustment Included in the Carrying Amount of the Hedged Asset | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n June 30, 2024 | \n \u00a0 | \n ||||
Intercompany loan receivable | \n \u00a0 | \n $ | \n 26,671 | \n \u00a0 | \n \u00a0 | \n $ | \n 26,465 | \n \u00a0 | \n \u00a0 | \n $ | \n 206 | \n \u00a0 | \n \u00a0 | \n $ | \n (480 | \n ) | \n
\u00a0
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following table presents the fair value of the Company\u2019s derivative financial instruments as well as their classification on the consolidated balance sheet as of March 31, 2025:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Asset Derivatives | \n \u00a0 | \n \u00a0 | \n Liability Derivatives | \n \u00a0 | \n ||||||
| \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n ||
Derivatives designated as hedging instruments: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Interest rate swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n $ | \n 3,510 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Interest rate swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 1,126 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 2,333 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n 8,161 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n 119 | \n \u00a0 | \n
Total derivatives designated as hedging instruments | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,969 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,280 | \n \u00a0 | \n
\u00a0
The following table presents the fair value of the Company\u2019s derivative financial instruments as well as their classification on the consolidated balance sheet as of June 30, 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Asset Derivatives | \n \u00a0 | \n \u00a0 | \n Liability Derivatives | \n \u00a0 | \n ||||||
| \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n \u00a0 | \n Balance Sheet | \n \u00a0 | \n Fair Value | \n \u00a0 | \n ||
Derivatives designated as hedging instruments: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||
Interest rate swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n $ | \n 7,455 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n
Interest rate swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n 5,151 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Prepaid expenses and other current assets | \n \u00a0 | \n \u00a0 | \n 2,376 | \n \u00a0 | \n \u00a0 | \n Accrued expenses and other current liabilities | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cross-currency swaps | \n \u00a0 | \n Other noncurrent assets | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n Other noncurrent liabilities | \n \u00a0 | \n \u00a0 | \n 3,333 | \n \u00a0 | \n
Total derivatives designated as hedging instruments | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 14,982 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n $ | \n 3,333 | \n \u00a0 | \n
The following table presents the pre-tax effect of the Company\u2019s cash flow hedges, net investment hedges, and fair value hedges on AOCL for the three and nine months ended March 31, 2025 and 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
\u00a0 | \n \u00a0 | \n Amount of (Loss) Gain Recognized in AOCL on Derivatives | \n \u00a0 | \n |||||||||||||
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Derivatives in cash flow hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest rate swaps | \n \u00a0 | \n $ | \n (1,633 | \n ) | \n \u00a0 | \n $ | \n 7,274 | \n \u00a0 | \n \u00a0 | \n $ | \n (2,611 | \n ) | \n \u00a0 | \n $ | \n 5,028 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n 152 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1 | \n ) | \n \u00a0 | \n \u00a0 | \n (304 | \n ) | \n \u00a0 | \n \u00a0 | \n 50 | \n \u00a0 | \n
Derivatives in net investment hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n (3,512 | \n ) | \n \u00a0 | \n \u00a0 | \n 2,322 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (215 | \n ) | \n \u00a0 | \n \u00a0 | \n 659 | \n \u00a0 | \n
Derivatives in fair value hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
\u00a0Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n (864 | \n ) | \n \u00a0 | \n \u00a0 | \n 572 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (52 | \n ) | \n \u00a0 | \n \u00a0 | \n 163 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n (5,857 | \n ) | \n \u00a0 | \n $ | \n 10,167 | \n \u00a0 | \n \u00a0 | \n $ | \n (3,182 | \n ) | \n \u00a0 | \n $ | \n 5,900 | \n \u00a0 | \n
The following table presents the pre-tax effect of the Company\u2019s cash flow hedges, net investment hedges, and fair value hedges on the consolidated statements of operations, recorded in interest and other financing expense, net, for the three and nine months ended March 31, 2025 and 2024:
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
\u00a0 | \n \u00a0 | \n Amount of Gain Reclassified from AOCL into Income (Expense) | \n \u00a0 | \n |||||||||||||
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Derivatives in cash flow hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest and other financing expense, net: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Interest rate swaps | \n \u00a0 | \n $ | \n 1,311 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,363 | \n \u00a0 | \n \u00a0 | \n $ | \n 5,359 | \n \u00a0 | \n \u00a0 | \n $ | \n 7,037 | \n \u00a0 | \n
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n (92 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 36 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Cost of sales: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Foreign currency forward contracts | \n \u00a0 | \n \u00a0 | \n (134 | \n ) | \n \u00a0 | \n \u00a0 | \n (10 | \n ) | \n \u00a0 | \n \u00a0 | \n (134 | \n ) | \n \u00a0 | \n \u00a0 | \n (10 | \n ) | \n
Derivatives in net investment hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
\u00a0Cross-currency swaps | \n \u00a0 | \n \u00a0 | \n 450 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 489 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,439 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,479 | \n \u00a0 | \n
Derivatives in fair value hedging relationships: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Cross-currency swaps(1) | \n \u00a0 | \n \u00a0 | \n (995 | \n ) | \n \u00a0 | \n \u00a0 | \n 122 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 146 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 369 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n 540 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,964 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,846 | \n \u00a0 | \n \u00a0 | \n $ | \n 8,875 | \n \u00a0 | \n
During the first quarter of fiscal year 2024, the Company initiated a multi-year growth, transformation and restructuring program (the \u201cHain Reimagined Program\u201d). The Hain Reimagined Program is intended to optimize the Company\u2019s portfolio, improve underlying profitability and increase its flexibility to invest in targeted growth initiatives, brand building and other capabilities critical to delivering future growth. The savings initiatives are expected to impact the Company\u2019s reportable segments and Corporate and Other. Implementation of the Hain Reimagined Program is expected to be completed by the end of the 2027 fiscal year and is comprised of: contract termination costs, asset write-downs, employee-related costs and other transformation-related expenses.
For the three months ended March 31, 2025, expenses associated with the Hain Reimagined Program in the amount of $7,289 and $379 were . For the three months ended March 31, 2024, expenses associated with the Hain Reimagined Program in the amount of $1,353, $7,175 and $1,329 were .
For the nine months ended March 31, 2025, expenses associated with the Hain Reimagined Program in the amount of $16,497, $2,285, and $1,613 were For the nine months ended March 31, 2024, expenses associated with the Hain Reimagined Program in the amount of $22,019, $20,447 and $7,762 were
The table below sets forth expenses associated with the Hain Reimagined Program for the three- and nine-month periods ended March 31, 2025 and March 31, 2024 by reportable segments and Corporate and Other.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
\u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 3,650 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,007 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,300 | \n \u00a0 | \n \u00a0 | \n $ | \n 30,458 | \n \u00a0 | \n
Corporate and Other | \n \u00a0 | \n \u00a0 | \n 2,538 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 5,799 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 8,260 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 16,636 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 1,480 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,051 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,835 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 3,134 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 7,668 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,857 | \n \u00a0 | \n \u00a0 | \n $ | \n 20,395 | \n \u00a0 | \n \u00a0 | \n $ | \n 50,228 | \n \u00a0 | \n
\u00a0
The following table displays the activities and liability balances relating to the Hain Reimagined Program for the nine-month period ended March 31, 2025. The Company expects to pay the remaining accrued restructuring costs during the next 12 months.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Balance at | \n \u00a0 | \n \u00a0 | \n Charges | \n \u00a0 | \n \u00a0 | \n Amounts | \n \u00a0 | \n \u00a0 | \n Non-cash settlements/ | \n \u00a0 | \n \u00a0 | \n Balance at | \n \u00a0 | \n |||||
Employee-related costs | \n \u00a0 | \n $ | \n 1,985 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,082 | \n \u00a0 | \n \u00a0 | \n $ | \n (5,185 | \n ) | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,882 | \n \u00a0 | \n
Contract termination costs | \n \u00a0 | \n \u00a0 | \n 347 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,603 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,269 | \n ) | \n \u00a0 | \n \u00a0 | \n (59 | \n ) | \n \u00a0 | \n \u00a0 | \n 622 | \n \u00a0 | \n
Asset write-downs(1) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,285 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,285 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Other transformation-related expenses(2) | \n \u00a0 | \n \u00a0 | \n 3,988 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 10,425 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (11,741 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,200 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,472 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 6,320 | \n \u00a0 | \n \u00a0 | \n $ | \n 20,395 | \n \u00a0 | \n \u00a0 | \n $ | \n (18,195 | \n ) | \n \u00a0 | \n $ | \n (3,544 | \n ) | \n \u00a0 | \n $ | \n 4,976 | \n \u00a0 | \n
The table below sets forth expenses associated with the Hain Reimagined Program for the three- and nine-month periods ended March 31, 2025 and March 31, 2024 by reportable segments and Corporate and Other.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
\u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n \u00a0 | \n March 31, 2025 | \n \u00a0 | \n \u00a0 | \n March 31, 2024 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 3,650 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,007 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,300 | \n \u00a0 | \n \u00a0 | \n $ | \n 30,458 | \n \u00a0 | \n
Corporate and Other | \n \u00a0 | \n \u00a0 | \n 2,538 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 5,799 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 8,260 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 16,636 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 1,480 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,051 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,835 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 3,134 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 7,668 | \n \u00a0 | \n \u00a0 | \n $ | \n 9,857 | \n \u00a0 | \n \u00a0 | \n $ | \n 20,395 | \n \u00a0 | \n \u00a0 | \n $ | \n 50,228 | \n \u00a0 | \n
The following table displays the activities and liability balances relating to the Hain Reimagined Program for the nine-month period ended March 31, 2025. The Company expects to pay the remaining accrued restructuring costs during the next 12 months.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Balance at | \n \u00a0 | \n \u00a0 | \n Charges | \n \u00a0 | \n \u00a0 | \n Amounts | \n \u00a0 | \n \u00a0 | \n Non-cash settlements/ | \n \u00a0 | \n \u00a0 | \n Balance at | \n \u00a0 | \n |||||
Employee-related costs | \n \u00a0 | \n $ | \n 1,985 | \n \u00a0 | \n \u00a0 | \n $ | \n 6,082 | \n \u00a0 | \n \u00a0 | \n $ | \n (5,185 | \n ) | \n \u00a0 | \n $ | \n \u2014 | \n \u00a0 | \n \u00a0 | \n $ | \n 2,882 | \n \u00a0 | \n
Contract termination costs | \n \u00a0 | \n \u00a0 | \n 347 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 1,603 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,269 | \n ) | \n \u00a0 | \n \u00a0 | \n (59 | \n ) | \n \u00a0 | \n \u00a0 | \n 622 | \n \u00a0 | \n
Asset write-downs(1) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 2,285 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,285 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Other transformation-related expenses(2) | \n \u00a0 | \n \u00a0 | \n 3,988 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 10,425 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (11,741 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,200 | \n ) | \n \u00a0 | \n \u00a0 | \n 1,472 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 6,320 | \n \u00a0 | \n \u00a0 | \n $ | \n 20,395 | \n \u00a0 | \n \u00a0 | \n $ | \n (18,195 | \n ) | \n \u00a0 | \n $ | \n (3,544 | \n ) | \n \u00a0 | \n $ | \n 4,976 | \n \u00a0 | \n
Securities Class Actions Filed in Federal Court
The Company and certain of its former officers (collectively, the \u201cDefendants\u201d) are defendants in a consolidated class action complaint in the Eastern District of New York under the caption In re The Hain Celestial Group, Inc. Securities Litigation (the \u201cConsolidated Securities Action\u201d). A Corrected Consolidated Amended Complaint was filed in the summer of 2017, which asserted violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegedly materially false or misleading statements and omissions in public statements, press releases and SEC filings regarding the Company\u2019s business, prospects, financial results and internal controls.
After Defendants\u2019 initial motion to dismiss was granted without prejudice to replead in October 2017, the Co-Lead Plaintiffs filed a Second Amended Consolidated Class Action Complaint on May 6, 2019 (the \u201cSecond Amended Complaint\u201d), which made allegations similar to those in the previous complaint. After several years of motion practice and related court orders, on September 29, 2023, the District Court granted Defendants\u2019 Motion to Dismiss the Second Amended Complaint. Co-Lead Plaintiffs filed a notice of appeal on October 26, 2023, appealing the District Court\u2019s decision dismissing the Second Amended Complaint to the Second Circuit, and the appeal was fully briefed as of June 3, 2024. The Court held oral argument on Plaintiffs\u2019 appeal on December 5, 2024, and the Parties await a decision.
Additional Stockholder Class Action and Derivative Complaints Filed in Federal Court
The former Board of Directors and certain former officers of the Company are defendants in a consolidated action, originally filed in 2017 in the Eastern District of New York, under the caption In re The Hain Celestial Group, Inc. Stockholder Class and Derivative Litigation (the \u201cConsolidated Stockholder Class and Derivative Action\u201d). The plaintiffs allege that the Company\u2019s former directors and certain former officers made materially false and misleading statements in press releases and SEC filings regarding the Company\u2019s business, prospects and financial results and that the Company violated its by-laws and Delaware law by failing to hold its 2016 Annual Stockholders Meeting and claim breach of fiduciary duty, unjust enrichment and corporate waste.
After several years of motion practice and related court orders in the related Consolidated Securities Action, on July 24, 2020, the plaintiffs made a stockholder litigation demand on the Board containing overlapping factual allegations to those set forth in the Consolidated Stockholder Class and Derivative Action. On November 3, 2020, Plaintiffs were informed that the Board had finished investigating and resolved, among other things, that the demand should be rejected. In light of developments in the Consolidated Securities Action referenced above that remanded that case for further proceedings, the parties submitted a joint status report on December 29, 2021 requesting that the District Court continue the temporary stay pending the District Court\u2019s reconsideration of the Defendants\u2019 motion to dismiss the Second Amended Complaint in the Consolidated Securities Action. The parties have agreed to extend the stay during the pendency of the pending appeal in the Consolidated Securities Action, most recently through the earlier of September 29, 2025 or 30 days after the Second Circuit issues a decision on plaintiffs\u2019 appeal.
Baby Food Class Action Litigation
Since February 2021, the Company has been named in numerous consumer class actions alleging that the Company\u2019s Earth\u2019s Best\u00ae baby food products (the \u201cProducts\u201d) contain unsafe and undisclosed levels of various naturally occurring heavy metals, namely lead, arsenic, cadmium and mercury. Those actions were transferred and consolidated as a single lawsuit in the U.S. District Court for the Eastern District of New York captioned In re Hain Celestial Heavy Metals Baby Food Litigation, Case No. 2:21-cv-678 (the \u201cConsolidated Proceeding\u201d). In the Consolidated Proceeding, the plaintiffs generally allege that the Company violated various state consumer protection laws and assert other state and common law warranty and unjust enrichment claims related to the alleged failure to disclose the presence of these metals, arguing that consumers would have either not purchased the Products or would have paid less for them had the Company made adequate disclosures. The Company filed a motion to dismiss the Consolidated Class Action Complaint. . Following oral argument on August 1, 2024, the Court issued an order on December 27, 2024 in which it granted the Company\u2019s motion to dismiss with respect to Plaintiffs\u2019 claims arising out of the alleged presence of lead, cadmium, mercury, or other substances, as well as any claims challenging the use of the \u201cUSDA Organic\u201d seal on the
Products\u2019 labeling, and denied the Company\u2019s motion to dismiss with respect to Plaintiffs\u2019 claims arising out of the alleged presence of arsenic in the Products. The Company filed its answer to the Consolidated Class Action Complaint on January 23, 2025. One consumer class action is pending in New York Supreme Court, Nassau County, which the court has stayed in deference to the Consolidated Proceeding. The Company denies the allegations in these lawsuits and contends that its baby foods are safe and properly labeled.
The claims raised in these lawsuits were brought in the wake of a highly publicized report issued by the U.S. House of Representatives Subcommittee on Economic and Consumer Policy on Oversight and Reform, dated February 4, 2021 (the \u201cHouse Report\u201d), addressing the presence of heavy metals in baby foods made by certain manufacturers, including the Company. Since the publication of the House Report, the Company has also received information requests with respect to the advertising and quality of its baby foods from certain governmental authorities, as such authorities investigate the claims made in the House Report. The Company is fully cooperating with these requests and has provided documents and other requested information.
The Company has been named in one civil government enforcement action, State of New Mexico ex rel. Balderas v. Nurture, Inc., et al., which was filed by the New Mexico Attorney General against the Company and several other manufacturers based on the alleged presence of heavy metals in their baby food products. The Company and several other manufacturers moved to dismiss the New Mexico Attorney General\u2019s lawsuit, and the Court denied that motion. The Company filed its answer to the New Mexico Attorney General\u2019s amended complaint on April 23, 2022, and discovery is ongoing. The Company denies the New Mexico Attorney General\u2019s allegations and maintains that its baby foods are safe, properly labeled, and compliant with New Mexico law.
In addition to the consumer class actions discussed above, the Company is currently named in numerous lawsuits in state and federal courts alleging some form of personal injury from the ingestion of the Company\u2019s Products, purportedly due to unsafe and undisclosed levels of various naturally occurring heavy metals. These lawsuits generally allege injuries related to neurological development disorders such as autism and attention deficit hyperactivity disorder.
Baby Food Multidistrict Litigation
On January 4, 2024, plaintiffs in federal cases across the country filed a Motion to Transfer Actions for Coordinated or Consolidated Pretrial Proceedings. On April 11, 2024, the United States Judicial Panel on Multidistrict Litigation granted plaintiffs\u2019 motion and transferred the cases to the Northern District of California for coordinated or consolidated pretrial proceedings. On April 15, 2024, the court issued an order staying all outstanding discovery proceedings and pending motions and vacating all previously scheduled hearing dates. There are approximately 60 federal cases filed against the Company pending in the multi-district litigation (\u201cMDL\u201d). Plaintiffs filed their Master Complaint on July 15, 2024. On December 18, 2024, Defendants filed motions to dismiss the Master Complaint, which the Court granted in part and denied in part. The MDL will first proceed with general causation discovery.
Baby Food California State Court Cases
There are currently seven cases personal injury cases against the Company pending in two California state Superior Courts relating to the same allegations regarding trace levels of heavy metals in the Products. These cases are now included in Judicial Council Coordinated Proceedings (\u201cJCCP\u201d). In June 2024, the cases were assigned a trial coordination judge. All but one of the cases have been stayed.
In that case, Landon R. v. The Hain Celestial Group, Inc., et al., No. 23STCV24844, fact discovery has closed, and expert discovery is ongoing. Trial is currently set for July 21, 2025.
Palmquist v. The Hain Celestial Group
During a jury trial in February 2023 in the baby food-related matter Palmquist v. The Hain Celestial Group, Inc., the court granted the Company\u2019s motion for a directed verdict, finding no liability for the Company. The Court entered Final Judgment in the Company\u2019s favor on March 3, 2023.
Plaintiffs appealed in the Fifth Circuit, and on May 28, 2024, the Fifth Circuit reversed the district court\u2019s order denying Plaintiff\u2019s motion to remand the case and vacated the final judgement of the district court. The Company filed a petition for en banc reconsideration, which the Fifth Circuit denied. The case has been remanded to Texas state court, where it is now pending in the District Court of Brazoria County, Texas. Discovery is ongoing and the case has been set for a new trial on September 22, 2025. On January 7, 2025, the Company filed a Petition for a Writ of Certiorari in the United States Supreme Court. That petition was granted on April 28, 2025, meaning the Supreme Court will consider the Company\u2019s appeal.
With respect to all of the above-described baby food matters, the Company denies that its Products led to any of the alleged injuries and will defend these cases vigorously. That said, as is common in circumstances of this nature, additional lawsuits may be filed against the Company in the future, asserting similar or different legal theories and seeking similar or different types of damages and relief. Such lawsuits may be resolved in a manner adverse to us, and we may incur substantial costs or damages not covered by insurance, which could have a material adverse effect on our financial condition and business.
SEC Investigation
In November 2023, the staff of the SEC informed the Company it was conducting an investigation relating to Hain Celestial and requested documents primarily concerning (i) the Company\u2019s acquisition of one business and disposition of another business and certain related accounting matters and (ii) trading activity and other matters related to the Company\u2019s earnings guidance in certain previous fiscal years. In February 2025, the SEC notified the Company that the SEC has concluded its investigation and does not intend to recommend an enforcement action by the SEC against the Company.
Other
In addition to the matters described above, the Company is and may be a defendant in lawsuits from time to time in the normal course of business.
With respect to all litigation and related matters, the Company records a liability when the Company believes it is probable that a liability has been incurred and the amount can be reasonably estimated. As of the end of the period covered by this report, the Company has not recorded a liability for any of the matters disclosed in this note. It is possible that some matters could require the Company to pay damages, incur other costs or establish accruals in amounts that could not be reasonably estimated as of the end of the period covered by this report.
"}]},{"name":"rpt:f-1082","factDimensions":{"xbrl:concept":"hain:LitigationTemporaryStayPeriodAfterCourtDecision","xbrl:period":"2021-12-29T00:00:00/2021-12-30T00:00:00","xbrl:entity":"cik:0000910406","srt:LitigationCaseAxis":"hain:BarnesComplaintMember"},"factValues":[{"value":"P30D"}]},{"name":"rpt:f-1083","factDimensions":{"xbrl:concept":"hain:NumberOfCasesPendingInMultidistrictLitigation","xbrl:period":"2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Federalcase"},"factValues":[{"value":"60"}]},{"name":"rpt:f-1084","factDimensions":{"xbrl:concept":"hain:NumberOfCasesPendingInCaliforniaStateCourt","xbrl:period":"2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Case"},"factValues":[{"value":"7"}]},{"name":"rpt:f-1085","factDimensions":{"xbrl:concept":"hain:NumberOfBusinessAcquisitionsSubjectToSECInvestigation","xbrl:period":"2023-12-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Business"},"factValues":[{"value":"1"}]},{"name":"rpt:f-1086","factDimensions":{"xbrl:concept":"us-gaap:SegmentReportingDisclosureTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The Company\u2019s organizational structure consists of two geographic based reportable segments: North America and International, which are also the operating segments. This structure is in line with how the Company\u2019s Chief Operating Decision Maker (\u201cCODM\u201d) assesses the Company\u2019s performance and allocates resources. The Company uses segment net sales and segment Adjusted EBITDA in order to analyze segment results and trends.
Segment Adjusted EBITDA excludes net interest expense, income taxes, depreciation and amortization, equity in net loss of equity-method investees, stock-based compensation, net, unrealized currency losses, certain litigation and related costs, plant closure related costs, net, productivity and transformation costs, costs associated with acquisitions, divestitures and other transactions, loss on sale of assets, impairment of goodwill, intangibles and long-lived assets and other adjustments. In addition, Segment Adjusted EBITDA does not include Corporate and Other expenses related to the Company\u2019s centralized administrative functions, which do not specifically relate to a reportable segment. Such Corporate and Other expenses are comprised mainly of compensation and related expenses of certain of the Company\u2019s senior executive officers and other employees who perform duties related to the entire enterprise, litigation expense and expenses for certain professional fees, facilities, and other items which benefit the Company as a whole.
The following tables set forth financial information about each of the Company\u2019s reportable segments. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company\u2019s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Net Sales: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 222,407 | \n \u00a0 | \n \u00a0 | \n $ | \n 268,107 | \n \u00a0 | \n \u00a0 | \n $ | \n 682,836 | \n \u00a0 | \n \u00a0 | \n $ | \n 795,832 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 167,944 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 170,251 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 513,596 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 521,655 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Adjusted EBITDA: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 17,306 | \n \u00a0 | \n \u00a0 | \n $ | \n 27,883 | \n \u00a0 | \n \u00a0 | \n $ | \n 55,072 | \n \u00a0 | \n \u00a0 | \n $ | \n 77,828 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 22,166 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 24,547 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 65,062 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 67,953 | \n \u00a0 | \n
Total Reportable Segments Adjusted EBITDA | \n \u00a0 | \n \u00a0 | \n 39,472 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 52,430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 120,134 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 145,781 | \n \u00a0 | \n
Corporate and Other | \n \u00a0 | \n \u00a0 | \n (5,857 | \n ) | \n \u00a0 | \n \u00a0 | \n (8,668 | \n ) | \n \u00a0 | \n \u00a0 | \n (26,251 | \n ) | \n \u00a0 | \n \u00a0 | \n (30,803 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n 33,615 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 43,762 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 93,883 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 114,978 | \n \u00a0 | \n
Depreciation and amortization | \n \u00a0 | \n \u00a0 | \n (10,455 | \n ) | \n \u00a0 | \n \u00a0 | \n (10,858 | \n ) | \n \u00a0 | \n \u00a0 | \n (32,902 | \n ) | \n \u00a0 | \n \u00a0 | \n (34,360 | \n ) | \n
Equity in net loss of equity-method investees | \n \u00a0 | \n \u00a0 | \n (966 | \n ) | \n \u00a0 | \n \u00a0 | \n (966 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,709 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,371 | \n ) | \n
Interest expense, net | \n \u00a0 | \n \u00a0 | \n (11,096 | \n ) | \n \u00a0 | \n \u00a0 | \n (13,322 | \n ) | \n \u00a0 | \n \u00a0 | \n (36,084 | \n ) | \n \u00a0 | \n \u00a0 | \n (41,278 | \n ) | \n
Benefit (provision) for income taxes | \n \u00a0 | \n \u00a0 | \n 505 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,100 | \n ) | \n \u00a0 | \n \u00a0 | \n (5,746 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,528 | \n \u00a0 | \n
Stock-based compensation, net | \n \u00a0 | \n \u00a0 | \n (2,973 | \n ) | \n \u00a0 | \n \u00a0 | \n (3,017 | \n ) | \n \u00a0 | \n \u00a0 | \n (9,422 | \n ) | \n \u00a0 | \n \u00a0 | \n (10,135 | \n ) | \n
Unrealized currency losses | \n \u00a0 | \n \u00a0 | \n (1,137 | \n ) | \n \u00a0 | \n \u00a0 | \n (250 | \n ) | \n \u00a0 | \n \u00a0 | \n (707 | \n ) | \n \u00a0 | \n \u00a0 | \n (91 | \n ) | \n
Certain litigation expenses, net(a) | \n \u00a0 | \n \u00a0 | \n (407 | \n ) | \n \u00a0 | \n \u00a0 | \n (458 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,254 | \n ) | \n \u00a0 | \n \u00a0 | \n (4,073 | \n ) | \n
Restructuring activities | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Productivity and transformation costs | \n \u00a0 | \n \u00a0 | \n (7,289 | \n ) | \n \u00a0 | \n \u00a0 | \n (7,175 | \n ) | \n \u00a0 | \n \u00a0 | \n (16,497 | \n ) | \n \u00a0 | \n \u00a0 | \n (20,447 | \n ) | \n
Plant closure related costs, net | \n \u00a0 | \n \u00a0 | \n 5 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,145 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,229 | \n ) | \n \u00a0 | \n \u00a0 | \n (5,288 | \n ) | \n
Warehouse/manufacturing consolidation and other costs, net | \n \u00a0 | \n \u00a0 | \n (384 | \n ) | \n \u00a0 | \n \u00a0 | \n (184 | \n ) | \n \u00a0 | \n \u00a0 | \n (384 | \n ) | \n \u00a0 | \n \u00a0 | \n (995 | \n ) | \n
Acquisitions, divestitures and other | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Gain (loss) on sale of assets | \n \u00a0 | \n \u00a0 | \n 106 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,202 | \n ) | \n \u00a0 | \n \u00a0 | \n (62 | \n ) | \n
Transaction and integration costs, net | \n \u00a0 | \n \u00a0 | \n 151 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (55 | \n ) | \n \u00a0 | \n \u00a0 | \n 574 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (282 | \n ) | \n
Impairment charges | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Goodwill impairment | \n \u00a0 | \n \u00a0 | \n (110,251 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Long-lived asset and intangibles impairment | \n \u00a0 | \n \u00a0 | \n (24,012 | \n ) | \n \u00a0 | \n \u00a0 | \n (49,426 | \n ) | \n \u00a0 | \n \u00a0 | \n (42,029 | \n ) | \n \u00a0 | \n \u00a0 | \n (70,786 | \n ) | \n
Other | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,443 | \n ) | \n
Net loss | \n \u00a0 | \n $ | \n (134,588 | \n ) | \n \u00a0 | \n $ | \n (48,194 | \n ) | \n \u00a0 | \n $ | \n (258,226 | \n ) | \n \u00a0 | \n $ | \n (72,105 | \n ) | \n
\u00a0
The Company\u2019s net sales by product category are as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Snacks | \n \u00a0 | \n $ | \n 88,506 | \n \u00a0 | \n \u00a0 | \n $ | \n 111,157 | \n \u00a0 | \n \u00a0 | \n $ | \n 277,688 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 342,118 | \n \u00a0 | \n
Baby & Kids | \n \u00a0 | \n \u00a0 | \n 59,896 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 64,317 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 182,225 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 188,458 | \n \u00a0 | \n
Beverages | \n \u00a0 | \n \u00a0 | \n 62,874 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 68,384 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 189,364 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 197,116 | \n \u00a0 | \n
Meal preparation | \n \u00a0 | \n \u00a0 | \n 162,266 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 165,675 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 499,311 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 513,004 | \n \u00a0 | \n
Personal care | \n \u00a0 | \n \u00a0 | \n 16,809 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 28,825 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 47,844 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 76,791 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
\u00a0
The Company\u2019s net sales by geographic region, which are generally based on the location of the Company\u2019s subsidiaries, are as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
United States | \n \u00a0 | \n $ | \n 195,725 | \n \u00a0 | \n \u00a0 | \n $ | \n 240,175 | \n \u00a0 | \n \u00a0 | \n $ | \n 601,825 | \n \u00a0 | \n \u00a0 | \n $ | \n 710,158 | \n \u00a0 | \n
United Kingdom | \n \u00a0 | \n \u00a0 | \n 123,256 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 123,500 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 380,615 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 383,179 | \n \u00a0 | \n
Western Europe | \n \u00a0 | \n \u00a0 | \n 44,688 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 46,751 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 132,981 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 138,476 | \n \u00a0 | \n
Canada | \n \u00a0 | \n \u00a0 | \n 26,682 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 27,932 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 81,011 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 85,674 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
\u00a0
There has been no material change to Company\u2019s total assets by segment from the amount disclosed in the Form 10-K for the fiscal year ended June 30, 2024.
"}]},{"name":"rpt:f-1087","factDimensions":{"xbrl:concept":"us-gaap:NumberOfOperatingSegments","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Segment"},"factValues":[{"value":"2"}]},{"name":"rpt:f-1088","factDimensions":{"xbrl:concept":"us-gaap:NumberOfReportableSegments","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406","xbrl:unit":"hain:Segment"},"factValues":[{"value":"2"}]},{"name":"rpt:f-1089","factDimensions":{"xbrl:concept":"us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock","xbrl:period":"2024-07-01T00:00:00/2025-04-01T00:00:00","xbrl:entity":"cik:0000910406"},"factValues":[{"value":"The following tables set forth financial information about each of the Company\u2019s reportable segments. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company\u2019s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.
\u00a0
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Net Sales: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 222,407 | \n \u00a0 | \n \u00a0 | \n $ | \n 268,107 | \n \u00a0 | \n \u00a0 | \n $ | \n 682,836 | \n \u00a0 | \n \u00a0 | \n $ | \n 795,832 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 167,944 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 170,251 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 513,596 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 521,655 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Adjusted EBITDA: | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
North America | \n \u00a0 | \n $ | \n 17,306 | \n \u00a0 | \n \u00a0 | \n $ | \n 27,883 | \n \u00a0 | \n \u00a0 | \n $ | \n 55,072 | \n \u00a0 | \n \u00a0 | \n $ | \n 77,828 | \n \u00a0 | \n
International | \n \u00a0 | \n \u00a0 | \n 22,166 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 24,547 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 65,062 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 67,953 | \n \u00a0 | \n
Total Reportable Segments Adjusted EBITDA | \n \u00a0 | \n \u00a0 | \n 39,472 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 52,430 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 120,134 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 145,781 | \n \u00a0 | \n
Corporate and Other | \n \u00a0 | \n \u00a0 | \n (5,857 | \n ) | \n \u00a0 | \n \u00a0 | \n (8,668 | \n ) | \n \u00a0 | \n \u00a0 | \n (26,251 | \n ) | \n \u00a0 | \n \u00a0 | \n (30,803 | \n ) | \n
| \n \u00a0 | \n \u00a0 | \n 33,615 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 43,762 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 93,883 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 114,978 | \n \u00a0 | \n
Depreciation and amortization | \n \u00a0 | \n \u00a0 | \n (10,455 | \n ) | \n \u00a0 | \n \u00a0 | \n (10,858 | \n ) | \n \u00a0 | \n \u00a0 | \n (32,902 | \n ) | \n \u00a0 | \n \u00a0 | \n (34,360 | \n ) | \n
Equity in net loss of equity-method investees | \n \u00a0 | \n \u00a0 | \n (966 | \n ) | \n \u00a0 | \n \u00a0 | \n (966 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,709 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,371 | \n ) | \n
Interest expense, net | \n \u00a0 | \n \u00a0 | \n (11,096 | \n ) | \n \u00a0 | \n \u00a0 | \n (13,322 | \n ) | \n \u00a0 | \n \u00a0 | \n (36,084 | \n ) | \n \u00a0 | \n \u00a0 | \n (41,278 | \n ) | \n
Benefit (provision) for income taxes | \n \u00a0 | \n \u00a0 | \n 505 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (5,100 | \n ) | \n \u00a0 | \n \u00a0 | \n (5,746 | \n ) | \n \u00a0 | \n \u00a0 | \n 4,528 | \n \u00a0 | \n
Stock-based compensation, net | \n \u00a0 | \n \u00a0 | \n (2,973 | \n ) | \n \u00a0 | \n \u00a0 | \n (3,017 | \n ) | \n \u00a0 | \n \u00a0 | \n (9,422 | \n ) | \n \u00a0 | \n \u00a0 | \n (10,135 | \n ) | \n
Unrealized currency losses | \n \u00a0 | \n \u00a0 | \n (1,137 | \n ) | \n \u00a0 | \n \u00a0 | \n (250 | \n ) | \n \u00a0 | \n \u00a0 | \n (707 | \n ) | \n \u00a0 | \n \u00a0 | \n (91 | \n ) | \n
Certain litigation expenses, net(a) | \n \u00a0 | \n \u00a0 | \n (407 | \n ) | \n \u00a0 | \n \u00a0 | \n (458 | \n ) | \n \u00a0 | \n \u00a0 | \n (2,254 | \n ) | \n \u00a0 | \n \u00a0 | \n (4,073 | \n ) | \n
Restructuring activities | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Productivity and transformation costs | \n \u00a0 | \n \u00a0 | \n (7,289 | \n ) | \n \u00a0 | \n \u00a0 | \n (7,175 | \n ) | \n \u00a0 | \n \u00a0 | \n (16,497 | \n ) | \n \u00a0 | \n \u00a0 | \n (20,447 | \n ) | \n
Plant closure related costs, net | \n \u00a0 | \n \u00a0 | \n 5 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,145 | \n ) | \n \u00a0 | \n \u00a0 | \n (1,229 | \n ) | \n \u00a0 | \n \u00a0 | \n (5,288 | \n ) | \n
Warehouse/manufacturing consolidation and other costs, net | \n \u00a0 | \n \u00a0 | \n (384 | \n ) | \n \u00a0 | \n \u00a0 | \n (184 | \n ) | \n \u00a0 | \n \u00a0 | \n (384 | \n ) | \n \u00a0 | \n \u00a0 | \n (995 | \n ) | \n
Acquisitions, divestitures and other | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Gain (loss) on sale of assets | \n \u00a0 | \n \u00a0 | \n 106 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (2,202 | \n ) | \n \u00a0 | \n \u00a0 | \n (62 | \n ) | \n
Transaction and integration costs, net | \n \u00a0 | \n \u00a0 | \n 151 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (55 | \n ) | \n \u00a0 | \n \u00a0 | \n 574 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (282 | \n ) | \n
Impairment charges | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n ||||
Goodwill impairment | \n \u00a0 | \n \u00a0 | \n (110,251 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (201,518 | \n ) | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n
Long-lived asset and intangibles impairment | \n \u00a0 | \n \u00a0 | \n (24,012 | \n ) | \n \u00a0 | \n \u00a0 | \n (49,426 | \n ) | \n \u00a0 | \n \u00a0 | \n (42,029 | \n ) | \n \u00a0 | \n \u00a0 | \n (70,786 | \n ) | \n
Other | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n \u2014 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n (1,443 | \n ) | \n
Net loss | \n \u00a0 | \n $ | \n (134,588 | \n ) | \n \u00a0 | \n $ | \n (48,194 | \n ) | \n \u00a0 | \n $ | \n (258,226 | \n ) | \n \u00a0 | \n $ | \n (72,105 | \n ) | \n
The Company\u2019s net sales by product category are as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
Snacks | \n \u00a0 | \n $ | \n 88,506 | \n \u00a0 | \n \u00a0 | \n $ | \n 111,157 | \n \u00a0 | \n \u00a0 | \n $ | \n 277,688 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 342,118 | \n \u00a0 | \n
Baby & Kids | \n \u00a0 | \n \u00a0 | \n 59,896 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 64,317 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 182,225 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 188,458 | \n \u00a0 | \n
Beverages | \n \u00a0 | \n \u00a0 | \n 62,874 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 68,384 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 189,364 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 197,116 | \n \u00a0 | \n
Meal preparation | \n \u00a0 | \n \u00a0 | \n 162,266 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 165,675 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 499,311 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 513,004 | \n \u00a0 | \n
Personal care | \n \u00a0 | \n \u00a0 | \n 16,809 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 28,825 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 47,844 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 76,791 | \n \u00a0 | \n
\u00a0 | \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
The Company\u2019s net sales by geographic region, which are generally based on the location of the Company\u2019s subsidiaries, are as follows:
\n| \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n |
| \n \u00a0 | \n Three Months Ended | \n \u00a0 | \n \u00a0 | \n Nine Months Ended | \n \u00a0 | \n ||||||||||
| \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n \u00a0 | \n 2025 | \n \u00a0 | \n \u00a0 | \n 2024 | \n \u00a0 | \n ||||
United States | \n \u00a0 | \n $ | \n 195,725 | \n \u00a0 | \n \u00a0 | \n $ | \n 240,175 | \n \u00a0 | \n \u00a0 | \n $ | \n 601,825 | \n \u00a0 | \n \u00a0 | \n $ | \n 710,158 | \n \u00a0 | \n
United Kingdom | \n \u00a0 | \n \u00a0 | \n 123,256 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 123,500 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 380,615 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 383,179 | \n \u00a0 | \n
Western Europe | \n \u00a0 | \n \u00a0 | \n 44,688 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 46,751 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 132,981 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 138,476 | \n \u00a0 | \n
Canada | \n \u00a0 | \n \u00a0 | \n 26,682 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 27,932 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 81,011 | \n \u00a0 | \n \u00a0 | \n \u00a0 | \n 85,674 | \n \u00a0 | \n
| \n \u00a0 | \n $ | \n 390,351 | \n \u00a0 | \n \u00a0 | \n $ | \n 438,358 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,196,432 | \n \u00a0 | \n \u00a0 | \n $ | \n 1,317,487 | \n \u00a0 | \n
\u00a0
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