Property, Plant and Equipment, Net

9 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consisted of the following:


	March 31, 2025		June 30, 2024
Land	$	11,472	$	11,381
Buildings and improvements		58,467		57,030
Machinery and equipment		329,034		325,174
Computer hardware and software		54,732		54,139
Furniture and fixtures		21,564		20,943
Leasehold improvements		37,972		39,255
Construction in progress		11,104		12,783
		524,345		520,705
Less: Accumulated depreciation		270,266		258,975
	$	254,079	$	261,730

Depreciation expense for the three months ended March 31, 2025 and 2024 was $8,013 and $8,232, respectively. Depreciation expense for the nine months ended March 31, 2025 and 2024 was $23,961 and $26,410, respectively.

During the nine months ended March 31, 2025, the Company recognized a non-cash impairment charge of $2,254 to reduce the carrying value of certain personal care production assets in the North America reportable segment to their estimated fair value.

During the nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $20,666 related to its former Bell, CA production facility to reduce those assets to their estimated fair value in connection with the closure of such facility. During the nine months ended March 31, 2025, the Company recognized a $1.6 million pretax gain on the sale of such long-lived assets, which was included as a component of other income, net on the consolidated statement of operations.

During the three and nine months ended March 31, 2024, the Company recognized a non-cash impairment charge of $5,875 to reduce the carrying amount of ParmCrisps® machinery and equipment, to its estimated fair value, which was recorded within intangibles and long-lived asset impairment on the consolidated statements of operations.

HAIN CELESTIAL GROUP INC 10-Q