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SEGMENT INFORMATION
 9 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s 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’s Chief Operating Decision Maker (“CODM”) assesses the Company’s 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, warehouse and manufacturing consolidation and other costs, net, costs associated with acquisitions, divestitures and other transactions, (gain) loss on sale of assets, inventory write-downs related to exited categories, intangibles and long-lived asset impairments and other adjustments. In addition, Segment Adjusted EBITDA does not include Corporate and Other expenses related to the Company’s 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’s 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’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.
Three Months Ended March 31,Nine Months Ended
March 31,
2024202320242023
Net Sales:
North America$268,107 $286,649 $795,832 $857,406 
International 170,251 168,594 521,655 491,396 
$438,358 $455,243 $1,317,487 $1,348,802 
Adjusted EBITDA:
North America$27,883 $27,193 $77,828 $96,484 
International24,547 21,269 67,953 55,458 
Total Reportable Segments Adjusted EBITDA52,430 48,462 145,781 151,942 
Corporate and Other(8,668)(11,202)(30,803)(28,836)
43,762 37,260 114,978 123,106 
Depreciation and amortization(10,858)(13,784)(34,360)(37,909)
Equity in net loss of equity-method investees(966)(528)(2,371)(1,226)
Interest expense, net(13,322)(12,924)(41,278)(30,582)
(Provision) benefit for income taxes(5,100)39,587 4,528 30,599 
Stock-based compensation, net(3,017)(3,228)(10,135)(10,657)
Unrealized currency losses(250)(202)(91)(651)
Certain litigation expenses, net(a)
(458)1,582 (4,073)(3,363)
Restructuring activities
Productivity and transformation costs(7,175)(3,933)(20,447)(5,692)
Plant closure related costs, net(1,145)(22)(5,288)(73)
Warehouse/manufacturing consolidation and other costs, net(184)(2,871)(995)(899)
CEO succession— — — (5,113)
Acquisitions, divestitures and other
Transaction and integration costs, net(55)(215)(282)(1,984)
Gain (loss) on sale of assets— 134 (62)3,529 
Impairment charges
Intangibles and long-lived asset impairment(49,426)(156,583)(70,786)(156,923)
Inventory write-downs related to exited categories— — (1,443)— 
Net loss$(48,194)$(115,727)$(72,105)$(97,838)

(a) Expenses and items relating to securities class action, baby food litigation, and SEC investigation.
The Company’s net sales by product category are as follows:
Three Months Ended March 31,Nine Months Ended March 31,
2024202320242023
Snacks$111,157 $111,646 $342,118 $357,424 
Baby/Kids64,317 66,976 188,458 213,762 
Beverages68,384 64,089 197,116 185,085 
Meal preparation165,675 169,216 513,004 495,630 
Personal care28,825 43,316 76,791 96,901 
$438,358 $455,243 $1,317,487 $1,348,802 
The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiaries, are as follows:
Three Months Ended March 31,Nine Months Ended March 31,
2024202320242023
United States$240,175 $259,468 $710,158 $774,032 
United Kingdom123,500 122,069 383,179 354,808 
Western Europe46,751 46,525 138,476 136,588 
Canada27,932 27,181 85,674 83,374 
$438,358 $455,243 $1,317,487 $1,348,802 

There has been no material change to Company’s total assets by segment from the amount disclosed in the Form 10-K for the fiscal year ended June 30, 2023.