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Inventories
9 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventories

Note 8.

Inventories

Inventories consisted of the following (in thousands):

 

 

 

March 31,

 

 

June 30,

 

 

 

2022

 

 

2021

 

Materials, purchased parts and supplies

 

$

55,050

 

 

$

52,615

 

Work in process

 

 

16,307

 

 

 

11,353

 

Finished goods

 

 

26,324

 

 

 

15,728

 

Total

 

$

97,681

 

 

$

79,696

 

 

Inventories are stated at the lower of cost (average cost or first-in, first-out) or net realizable value and are included in prepaid expenses and other current assets on the accompanying consolidated balance sheets.  The Company periodically assesses its current inventory balances and records a provision for damaged, deteriorated, or obsolete inventory based on historical patterns and forecasted sales.