Note 3. Assets and Liabilities Held for Sale (Tables)

9 Months Ended

Mar. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The major classes of assets and liabilities held for sale consisted of the following:

(Amounts in Thousands)	March 31, 2024
Assets held for sale:
Receivables, net	$	8,599
Inventories	7,217
Prepaid expenses and other current assets	4,766
Property and Equipment, net	5,822
Goodwill	—
Other Intangible Assets, net	8,010
Other Assets, net	11,469
Valuation Allowance	(16,264)
Total Assets held for sale	$	29,619
Liabilities held for sale:
Accounts payable	$	4,239
Advances from customers	944
Accrued expenses	2,302
Other long-term liabilities	1,884
Total Liabilities held for sale	$	9,369

Other assets, net in the table above includes $10.2 million of deferred tax assets.

The following table summarizes net sales and income (loss) before taxes on income for the disposal group:

	Three Months Ended				Nine Months Ended
	March 31				March 31
(Amounts in Thousands)	2024		2023		2024		2023
Net Sales	$	8,105	$	16,755	$	30,903	$	40,577
Income (Loss) Before Taxes on Income (1)	$	(25,691)	$	1,352	$	(25,141)	$	(976)

(1) Includes goodwill impairment of $5.8 million and asset impairment of $16.6 million for the three and nine months ended March 31, 2024. Also includes allocated corporate overhead expenses.