Other Income (Expense), Net

6 Months Ended

Dec. 31, 2023

Other Income and Expenses [Abstract]

Other Income (Expense), Net

6. Other Income (Expense), Net

Other income (expense), net consisted of the following (in thousands):

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2023		2022		2023		2022
Interest and dividend income	$	2,541	$	2,609	$	5,202	$	4,271
Investment gain (loss)		1,022		(4,049)		575		(4,950)
Other income (expense), net	$	3,563	$	(1,440)	$	5,777	$	(679)

Investment gain (loss) includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations. In addition, investment gain (loss) includes an impairment of $5.0 million in the three and six months ended December 31, 2022 on an equity investment with no readily determinable fair value (see Note 16 “Fair Value Measurements” for additional information).