XML 70 R49.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT INFORMATION (Tables)
12 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following tables set forth financial information about each of the Company’s reportable segments. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company’s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.
Fiscal Year Ended June 30,
202020192018
Net Sales: (1)
North America$1,171,478 $1,195,979 $1,295,413 
International 882,425 908,627 970,257 
$2,053,903 $2,104,606 $2,265,670 
Operating Income (Loss):
North America$95,934 $32,682 $104,025 
International55,333 58,808 57,630 
151,267 91,490 161,655 
Corporate and Other (2)
(95,225)(123,983)(74,985)
$56,042 $(32,493)$86,670 

(1)One of our customers accounted for approximately 12%, 11%, and 11% of our consolidated net sales for the fiscal years ended June 30, 2020, 2019 and 2018, respectively, which were primarily related to the United States and United Kingdom operating segments. A second customer accounted for approximately, 9%, 10% and 12% of our consolidated net sales for the fiscal years ended June 30, 2020, 2019 and 2018, respectively, which were primarily related to the United States operating segment.

(2)For the fiscal year ended June 30, 2020, Corporate and Other included expenses of $32,664 related to Productivity and transformation costs and trade name impairment charges of $9,539 ($4,007 related to North America and $5,532 related to International), partially offset by a benefit of $2,962 of proceeds from insurance claim.

For the fiscal year ended June 30, 2019, Corporate and Other included $30,156 of Former Chief Executive Officer Succession Plan expense, net, $28,443 of Productivity and transformation costs and $4,334 of accounting review and remediation costs. Corporate and Other for the fiscal year ended June 30, 2019 also included trade name impairment charges of $17,900 ($15,113 related to North America and $2,787 related to International) and a $4,460 benefit for proceeds received in connection with an insurance recovery.

For the fiscal year ended June 30, 2018, Corporate and Other included $10,118 of Productivity and transformation costs and $9,293 of Accounting review and remediation costs, net of insurance proceeds. Corporate and Other for the fiscal year ended June 30, 2018 also included trade name impairment charges of $5,632 ($5,100 related to North America and $532 related to International).
Summary of Revenue by Product Category
The Company’s net sales by product category are as follows:
Fiscal Year Ended June 30,
202020192018
Grocery$1,423,761 $1,512,868 $1,650,336 
Snacks309,261 296,123 302,859 
Personal Care192,875 180,141 196,195 
Tea128,006 115,474 116,280 
Total$2,053,903 $2,104,606 $2,265,670 
Summary of Net Sales by Geographic Areas
The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiary, are as follows:
Fiscal Year Ended June 30,
202020192018
United States$1,016,230 $1,052,930 $1,138,749 
United Kingdom650,416 704,524 762,706 
All Other387,257 347,152 364,215 
Total$2,053,903 $2,104,606 $2,265,670 
Schedule of Long Lived Assets, by Geographic Region
The Company’s long-lived assets, which primarily represent net property, plant and equipment, by geographic region are as follows:
Fiscal Year Ended June 30,
20202019
United States
$115,211 $115,866 
United Kingdom
136,845 132,876 
All Other
78,815 87,277 
Total$330,871 $336,019