0000910406-19-000104 | 10-Q | XBRL Viewer

Stock-Based Compensation And Incentive Performance Plans (Tables)

3 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Compensation Cost And Related Income Tax Benefits Recognized

Compensation cost and related income tax benefits recognized in the Consolidated Statements of Operations for stock-based compensation plans were as follows:



	Three Months Ended September 30,
	2019		2018
Selling, general and administrative expense	$	2,737	$	(214	)
Chief Executive Officer Succession Plan expense, net	—		312
Discontinued operations	544		37
Total compensation cost recognized for stock-based compensation plans	$	3,281	$	135
Related income tax benefit	$	373	$	39

Non-Vested Restricted Stock And Restricted Share Unit Awards

A summary of the restricted stock and restricted share unit activity for the three months ended September 30, 2019 is as follows:



	Number of Shares and Units		Weighted Average Grant Date Fair Value (per share)
Non-vested restricted stock, restricted share units, and performance units at June 30, 2019	4,360		$	7.92
Granted	3		$	21.41
Vested	(40	)	$	24.68
Forfeited	(759	)	$	6.18
Non-vested restricted stock, restricted share units, and performance units at September 30, 2019	3,564		$	8.12

Restricted Stock Grant Information



	Three Months Ended September 30,
	2019		2018
Fair value of restricted stock and restricted share units granted	$	59	$	148
Fair value of shares vested	$	770	$	2,492
Tax benefit recognized from restricted shares vesting	$	59	$	620

Summary Of Stock Option Activity

A summary of the stock option activity for the three months ended September 30, 2019 is as follows:



	Number of Options	Weighted Average Exercise Price		Weighted Average Contractual Life (years)	Aggregate Intrinsic Value
Options outstanding and exercisable at June 30, 2019	122	$	2.26
Exercised	—	—
Options outstanding and exercisable at September 30, 2019	122	$	2.26	11.8	$	2,344

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
ASSETS
Cash and cash equivalents	$ 20,522	$ 31,017
Accounts receivable, less allowance for doubtful accounts of $558 and $588, respectively	206,478	209,990
Inventories	301,351	299,341
Prepaid expenses and other current assets	36,508	51,391
Current assets of discontinued operations	0	110,048
Total current assets	564,859	701,787
Property, plant and equipment, net	288,104	287,845
Goodwill	867,071	875,881
Trademarks and other intangible assets, net	370,379	380,286
Investments and joint ventures	18,463	18,890
Operating lease right of use assets	81,830
Other assets	45,727	58,764
Noncurrent assets of discontinued operations	0	259,167
Total assets	2,236,433	2,582,620
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	189,441	219,957
Accrued expenses and other current liabilities	128,296	114,265
Current portion of long-term debt	2,223	17,232
Current liabilities of discontinued operations	0	31,703
Total current liabilities	319,960	383,157
Long-term debt, less current portion	323,386	613,537
Deferred income taxes	33,685	34,757
Operating lease liabilities, noncurrent portion	74,249
Other noncurrent liabilities	14,215	14,489
Noncurrent liabilities of discontinued operations	0	17,361
Total liabilities	765,495	1,063,301
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred stock - $.01 par value, authorized 5,000 shares; issued and outstanding: none	0	0
Common stock - $.01 par value, authorized 150,000 shares; issued: 108,873 and 108,833 shares, respectively; outstanding: 104,242 and 104,219 shares, respectively	1,089	1,088
Additional paid-in capital	1,161,537	1,158,257
Retained earnings	587,557	695,017
Accumulated other comprehensive loss	(168,894)	(225,004)
Total stockholders' equity including treasury stock	1,581,289	1,629,358
Less: Treasury stock, at cost, 4,631 and 4,614 shares, respectively	(110,351)	(110,039)
Total stockholders’ equity	1,470,938	1,519,319
Total liabilities and stockholders’ equity	$ 2,236,433	$ 2,582,620

Consolidated Statements Of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (107,021)	$ (37,425)
Pre-tax amount
Foreign currency translation adjustments before reclassifications	(38,942)	(13,519)
Reclassification of currency translation adjustment included in Net loss from discontinued operations, net of tax	95,120	0
Change in deferred (losses) gains on cash flow hedging instruments	(78)	0
Total other comprehensive income (loss)	56,100	(13,519)
Tax (expense) benefit
Foreign currency translation adjustments before reclassifications	0	0
Reclassification of currency translation adjustment included in Net loss from discontinued operations, net of tax	0	0
Change in deferred (losses) gains on cash flow hedging instruments	10	0
Total other comprehensive income (loss)	10	0
After-tax amount
Foreign currency translation adjustments before reclassifications	(38,942)	(13,519)
Reclassification of currency translation adjustment included in Net loss from discontinued operations, net of tax	95,120	0
Change in deferred (losses) gains on cash flow hedging instruments	(68)	0
Net change in accumulated other comprehensive income (loss)	56,110	(13,519)
Total comprehensive (loss) income	$ (50,911)	$ (50,944)

Leases (Maturities of Lease Liabilities) (Details) $ in Thousands	Sep. 30, 2019 USD ($)
Operating leases
2019 (remainder of year)	$ 11,335
2020	13,947
2021	11,787
2022	10,905
2023	9,185
Thereafter	38,538
Total lease payments	95,697
Less: Imputed interest	7,761
Total lease liabilities	87,936
Finance leases
2019 (remainder of year)	273
2020	314
2021	139
2022	36
2023	9
Thereafter	0
Total lease payments	771
Less: Imputed interest	22
Total lease liabilities	749
Total
2019 (remainder of year)	11,608
2020	14,261
2021	11,926
2022	10,941
2023	9,194
Thereafter	38,538
Total lease payments	96,468
Less: Imputed interest	7,783
Total lease liabilities	$ 88,685

Segment Information (Net Sales) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 482,076	$ 518,478
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	236,334	254,942
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	161,581	179,436
All Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 84,161	$ 84,100

Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (107,021)	$ (37,425)
Net loss from discontinued operations	(102,068)	(14,338)
Net loss from continuing operations	(4,953)	(23,087)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities from continuing operations:
Depreciation and amortization	13,923	12,860
Deferred income taxes	(4,404)	(13,218)
Chief Executive Officer Succession Plan expense, net	0	19,241
Equity in net loss of equity-method investees	317	175
Stock-based compensation, net	2,737	98
Long-lived asset impairment	0	4,236
Other non-cash items, net	1,764	841
Increase (decrease) in cash attributable to changes in operating assets and liabilities:
Accounts receivable	(853)	3,766
Inventories	(5,507)	(18,640)
Other current assets	14,223	3
Other assets and liabilities	144	(32)
Accounts payable and accrued expenses	(20,972)	(5,813)
Net cash used in operating activities - continuing operations	(3,581)	(19,570)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(13,164)	(22,261)
Other	0	(652)
Net cash used in investing activities - continuing operations	(13,164)	(22,913)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings under bank revolving credit facility	80,000	70,000
Repayments under bank revolving credit facility	(178,500)	(60,000)
Repayments under term loan	(206,250)	(3,750)
Proceeds from (funding of) discontinued operations entities	312,195	(3,111)
Borrowings (repayments) of other debt, net	9	(776)
Shares withheld for payment of employee payroll taxes	(312)	(979)
Net cash provided by financing activities - continuing operations	7,142	1,384
Effect of exchange rate changes on cash - continuing operations	(892)	(670)
Cash used in operating activities
Cash used in operating activities	(8,026)	(14,587)
Cash provided by (used in) investing activities	306,420	(1,921)
Cash (used in) provided by financing activities	(306,366)	5,548
Effect of exchange rate changes on cash - discontinued operations	(537)	(390)
Net cash flows used in discontinued operations	(8,509)	(11,350)
Net decrease in cash and cash equivalents	(19,004)	(53,119)
Cash and cash equivalents at beginning of period	39,526	113,018
Cash and cash equivalents at end of period	20,522	59,899
Less: cash and cash equivalents of discontinued operations	0	(16,974)
Cash and cash equivalents of continuing operations at end of period	$ 20,522	$ 42,925

Investments (Details) - Chop't [Member] - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Oct. 27, 2015
Schedule of Equity Method Investments [Line Items]
Ownership percentage			13.40%	14.90%
Ownership percentage diluted basis	11.90%
Equity method investments	$ 14,583	$ 14,632

Leases (Lease Expense) (Details) $ in Thousands	3 Months Ended
Leases (Lease Expense) (Details) $ in Thousands	Sep. 30, 2019 USD ($)
Leases [Abstract]
Operating lease expenses	$ 4,689
Finance lease expenses:
Amortization of ROU assets	280
Interest on lease liabilities	21
Total finance lease expenses	301
Variable lease expenses	859
Short-term lease expenses	440
Total lease expenses	$ 6,289

Property, Plant And Equipment, Net

3 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant And Equipment, Net

PROPERTY, PLANT AND EQUIPMENT, NET

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



	September 30, 2019		June 30, 2019
Land	$	14,012	$	14,240
Buildings and improvements	82,124		83,151
Machinery and equipment	289,363		274,554
Computer hardware and software	57,412		48,984
Furniture and fixtures	18,141		17,325
Leasehold improvements	40,738		32,264
Construction in progress	8,979		35,786
	510,769		506,304
Less: Accumulated depreciation and amortization	222,665		218,459
	$	288,104	$	287,845

Depreciation and amortization expense for the three months ended September 30, 2019 and 2018 was $7,705 and $7,280, respectively.

In the three months ended September 30, 2018, the Company recorded $4,236 of non-cash impairment charges primarily related to the Company’s decision to consolidate manufacturing of certain fruit-based products in the United Kingdom.

There were no impairment charges recorded in the three months ended September 30, 2019.

Stock-Based Compensation And Incentive Performance Plans (Summary Of Stock Option Activity) (Details) $ / shares in Units, shares in Thousands	3 Months Ended
	Sep. 30, 2019 USD ($) $ / shares shares
Number of Options
Options outstanding and exercisable, beginning balance (shares) \| shares	122
Exercised (shares) \| shares	0
Options outstanding and exercisable, ending balance (shares) \| shares	122
Weighted Average Exercise Price
Options outstanding and exercisable, beginning balance (USD per share) \| $ / shares	$ 2.26
Exercised (USD per share) \| $ / shares	0
Options outstanding and exercisable, ending balance (USD per share) \| $ / shares	$ 2.26
Weighted Average Contractual Life	11 years 9 months 18 days
Aggregate Intrinsic Value \| $	$ 2,344,000
Unrecognized compensation expense \| $	$ 0

Goodwill And Other Intangible Assets (Changes In Carrying Amount Of Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Goodwill
Goodwill	$ 875,881
Translation and other adjustments, net	(8,810)
Goodwill	867,071
Accumulated impairment losses	134,277	$ 134,277
North America [Member]
Goodwill
Goodwill	612,590
Translation and other adjustments, net	(279)
Goodwill	612,311
International [Member]
Goodwill
Goodwill	263,291
Translation and other adjustments, net	(8,531)
Goodwill	254,760
United Kingdom [Member]
Goodwill
Accumulated impairment losses	97,358	97,358
Europe [Member]
Goodwill
Accumulated impairment losses	29,219	29,219
Cultivate [Member] \| Operating Segments [Member]
Goodwill
Accumulated impairment losses	$ 7,700	$ 7,700

Financial Instruments Measured At Fair Value (Narrative) (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Number of foreign exchange hedges discontinued	$ 0	$ 0
Cash Flow Hedging [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount			$ 2,275,000
Fair value amounts of derivative contracts, net assets			83,000
Fair Value Hedging [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	29,935,000		41,845,000
Fair value amounts of derivative contracts, net assets			$ 440,000
Fair value amounts of derivative contracts, net liability	$ (169,000)
Yeo Hiap Seng Limited [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Ownership percentage, less than	1.00%

Commitments And Contingencies	3 Months Ended
Commitments And Contingencies	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES Securities Class Actions Filed in Federal Court On August 17, 2016, three securities class action complaints were filed in the Eastern District of New York against the Company alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The three complaints are: (1) Flora v. The Hain Celestial Group, Inc., et al. (the “Flora Complaint”); (2) Lynn v. The Hain Celestial Group, Inc., et al. (the “Lynn Complaint”); and (3) Spadola v. The Hain Celestial Group, Inc., et al. (the “Spadola Complaint” and, together with the Flora and Lynn Complaints, the “Securities Complaints”). On June 5, 2017, the court issued an order for consolidation, appointment of Co-Lead Plaintiffs and approval of selection of co-lead counsel. Pursuant to this order, the Securities Complaints were consolidated under the caption In re The Hain Celestial Group, Inc. Securities Litigation (the “Consolidated Securities Action”), and Rosewood Funeral Home and Salamon Gimpel were appointed as Co-Lead Plaintiffs. On June 21, 2017, the Company received notice that plaintiff Spadola voluntarily dismissed his claims without prejudice to his ability to participate in the Consolidated Securities Action as an absent class member. The Co-Lead Plaintiffs in the Consolidated Securities Action filed a Consolidated Amended Complaint on August 4, 2017 and a Corrected Consolidated Amended Complaint on September 7, 2017 on behalf of a purported class consisting of all persons who purchased or otherwise acquired Hain Celestial securities between November 5, 2013 and February 10, 2017 (the “Amended Complaint”). The Amended Complaint named as defendants the Company and certain of its current and former officers (collectively, “Defendants”) and asserted violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegedly materially false or misleading statements and omissions in public statements, press releases and SEC filings regarding the Company’s business, prospects, financial results and internal controls. Defendants filed a motion to dismiss the Amended Complaint on October 3, 2017 which the Court granted on March 29, 2019, dismissing the case in its entirety, without prejudice to replead. Co-Lead Plaintiffs filed a Second Amended Consolidated Class Action Complaint on May 6, 2019 (the “Second Amended Complaint”). The Second Amended Complaint again names as defendants the Company and certain of its current and former officers and asserts violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegations similar to those in the Amended Complaint, including materially false or misleading statements and omissions in public statements, press releases and SEC filings regarding the Company’s business, prospects, financial results and internal controls. Defendants filed a motion to dismiss the Second Amended Complaint on June 20, 2019. Co-Lead Plaintiffs filed an opposition on August 5, 2019, and Defendants submitted a reply on September 3, 2019. This motion is fully briefed, and the parties await a decision. Stockholder Derivative Complaints Filed in State Court On September 16, 2016, a stockholder derivative complaint, Paperny v. Heyer, et al. (the “Paperny Complaint”), was filed in New York State Supreme Court in Nassau County against the Board of Directors and certain officers of the Company alleging breach of fiduciary duty, unjust enrichment, lack of oversight and corporate waste. On December 2, 2016 and December 29, 2016, two additional stockholder derivative complaints were filed in New York State Supreme Court in Nassau County against the Board of Directors and certain officers under the captions Scarola v. Simon (the “Scarola Complaint”) and Shakir v. Simon (the “Shakir Complaint” and, together with the Paperny Complaint and the Scarola Complaint, the “Derivative Complaints”), respectively. Both the Scarola Complaint and the Shakir Complaint alleged breach of fiduciary duty, lack of oversight and unjust enrichment. On February 16, 2017, the parties for the Derivative Complaints entered into a stipulation consolidating the matters under the caption In re The Hain Celestial Group (the “Consolidated Derivative Action”) in New York State Supreme Court in Nassau County, ordering the Shakir Complaint as the operative complaint. On November 2, 2017, the parties agreed to stay the Consolidated Derivative Action. Co-Lead Plaintiffs requested leave to file an amended consolidated complaint, and on January 14, 2019, the Court partially lifted the stay, ordering Co-Lead Plaintiffs to file their amended complaint by March 7, 2019. Co-Lead Plaintiffs filed a Verified Amended Shareholder Derivative Complaint on March 7, 2019. The Court continued the stay pending a decision on Defendants’ motion to dismiss in the Consolidated Securities Action (referenced above). After the Court in the Consolidated Securities Action dismissed the Amended Complaint, the Court in the Consolidated Derivative Action ordered Co-Lead Plaintiffs to file a second amended complaint no later than July 8, 2019. Co-Lead Plaintiffs filed a Verified Second Amended Shareholder Derivative Complaint on July 8, 2019 (the “Second Amended Derivative Complaint”). Defendants moved to dismiss the Second Amended Derivative Complaint on August 7, 2019. Co-Lead Plaintiffs filed an opposition to Defendants’ motion to dismiss, and Defendants submitted a reply on September 20, 2019. This motion is fully briefed, and the parties await a decision. Additional Stockholder Class Action and Derivative Complaints Filed in Federal Court On April 19, 2017 and April 26, 2017, two class action and stockholder derivative complaints were filed in the Eastern District of New York against the Board of Directors and certain officers of the Company under the captions Silva v. Simon, et al. (the “Silva Complaint”) and Barnes v. Simon, et al. (the “Barnes Complaint”), respectively. Both the Silva Complaint and the Barnes Complaint allege violation of securities law, breach of fiduciary duty, waste of corporate assets and unjust enrichment. On May 23, 2017, an additional stockholder filed a complaint under seal in the Eastern District of New York against the Board of Directors and certain officers of the Company. The complaint alleged that the Company’s directors and certain officers made materially false and misleading statements in press releases and SEC filings regarding the Company’s business, prospects and financial results. The complaint also alleged that the Company violated its by-laws and Delaware law by failing to hold its 2016 Annual Stockholders Meeting and includes claims for breach of fiduciary duty, unjust enrichment and corporate waste. On August 9, 2017, the Court granted an order to unseal this case and reveal Gary Merenstein as the plaintiff (the “Merenstein Complaint”). On August 10, 2017, the court granted the parties stipulation to consolidate the Barnes Complaint, the Silva Complaint and the Merenstein Complaint under the caption In re The Hain Celestial Group, Inc. Stockholder Class and Derivative Litigation (the “Consolidated Stockholder Class and Derivative Action”) and to appoint Robbins Arroyo LLP and Scott+Scott as Co-Lead Counsel, with the Law Offices of Thomas G. Amon as Liaison Counsel for Plaintiffs. On September 14, 2017, a related complaint was filed under the caption Oliver v. Berke, et al. (the “Oliver Complaint”), and on October 6, 2017, the Oliver Complaint was consolidated with the Consolidated Stockholder Class and Derivative Action. The Plaintiffs filed their consolidated amended complaint under seal on October 26, 2017. On December 20, 2017, the parties agreed to stay Defendants’ time to answer, move, or otherwise respond to the consolidated amended complaint through and including 30 days after a decision was rendered on the motion to dismiss the Amended Complaint in the Consolidated Securities Action, described above. On March 29, 2019, the Court in the Consolidated Securities Action granted Defendants’ motion, dismissing the Amended Complaint in its entirety, without prejudice to replead. Co-Lead Plaintiffs in the Consolidated Securities Action filed a second amended complaint on May 6, 2019. The parties to the Consolidated Stockholder Class and Derivative Action agreed to continue the stay of Defendants’ time to answer, move, or otherwise respond to the consolidated amended complaint. The stay is continued through 30 days after the Court rules on the motion to dismiss the Second Amended Complaint in the Consolidated Securities Action. Other In addition to the litigation described above, the Company is and may be a defendant in lawsuits from time to time in the normal course of business. While the results of litigation and claims cannot be predicted with certainty, the Company believes the reasonably possible losses of such matters, individually and in the aggregate, are not material. Additionally, the Company believes the probable final outcome of such matters will not have a material adverse effect on the Company’s consolidated results of operations, financial position, cash flows or liquidity.

Discontinued Operations (Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Provision (benefit) for income taxes	$ 15,307	$ (4,685)
Net loss from discontinued operations, net of tax	(102,068)	(14,338)
Foreign currency translation adjustments [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amounts reclassified into income	95,120	0
Tilda [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	27,732	42,355
Cost of sales	24,152	31,669
Gross profit	3,580	10,686
Selling, general and administrative expense	4,939	6,280
Other expense	348	546
Interest expense	2,432	3,391
Translation loss	95,120	0
(Gain) loss on sale of discontinued operations	13,922	0
Net (loss) income from discontinued operations before income taxes	(85,337)	469
Provision (benefit) for income taxes	15,700	483
Net loss from discontinued operations, net of tax	(101,037)	(14)
Tax expense from tax gain on sale	16,500
Tilda [Member] \| Disposed of by Sale [Member] \| Foreign currency translation adjustments [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amounts reclassified into income	95,120
Hain Pure Protein [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	0	113,539
Cost of sales	0	123,114
Gross profit	0	(9,575)
Selling, general and administrative expense	0	4,243
Other expense	0	5,674
(Gain) loss on sale of discontinued operations	(1,424)	0
Net (loss) income from discontinued operations before income taxes	(1,424)	(19,492)
Provision (benefit) for income taxes	(393)	(5,168)
Net loss from discontinued operations, net of tax	$ (1,031)	$ (14,324)

Stock-Based Compensation And Incentive Performance Plans (Long-Term Incentive Plan) (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019 USD ($) plan	Sep. 30, 2018 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of long-term incentive plans \| plan	3
Long Term Incentive Plan 2016-2018 and 2017-2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award requisite service period	3 years
Long Term Incentive Plan 2018-2020 And 2019-2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts	$ 1,264
Long Term Incentive Plan 2016-2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts		$ 6,482
Forfeited (shares) \| shares		223,000
Long Term Incentive Plan 2016-2018 [Member] \| Chief Executive Officer Succession Plan expense, net
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts		$ 5,065
Long Term Incentive Plan 2017-2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts	$ 1,867	$ 1,129

Financial Instruments Measured At Fair Value

3 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Financial Instruments Measured At Fair Value

FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE

The Company’s financial assets and liabilities measured at fair value are required to be grouped in one of three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities. These levels are:


•	Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;


•	Level 2 – Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and


•	Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity).

The following table presents by level within the fair value hierarchy assets and liabilities measured at fair value on a recurring basis as of September 30, 2019:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Forward foreign currency contracts	$	34	$	—	$	34	$	—
Equity investment	601		601		—		—
Total	$	635	$	601	$	34	$	—
Liabilities:
Forward foreign currency contracts	$	203	$	—	$	203	$	—
Total	$	203	$	—	$	203	$	—

The following table presents by level within the fair value hierarchy assets and liabilities measured at fair value on a recurring basis as of June 30, 2019:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Cash equivalents	$	44	$	44	$	—	$	—
Forward foreign currency contracts	626		—		626		—
Equity investments	621		621		—		—
Total	$	1,291	$	665	$	626	$	—
Liabilities:
Forward foreign currency contracts	$	103	$	—	$	103	$	—
Total	$	103	$	—	$	103	$	—

The equity investment consists of the Company’s less than 1% investment in Yeo Hiap Seng Limited, a food and beverage manufacturer and distributor based in Singapore. Fair value is measured using the market approach based on quoted prices. The Company utilizes the income approach to measure fair value for its foreign currency forward contracts. The income approach uses pricing models that rely on market observable inputs such as yield curves, currency exchange rates and forward prices.

The Company estimates the original fair value of the contingent consideration as the present value of the expected contingent payments, determined using the weighted probabilities of the possible payments. The Company reassesses the fair value of contingent payments on a periodic basis. Although the Company believes its estimates and assumptions are reasonable, different assumptions, including those regarding the operating results of the respective businesses, or changes in the future may result in different estimated amounts. At September 30, 2019 and June 30, 2019, the probability of payment related to existing contingent

consideration arrangements was remote. Accordingly, no liability was recorded on the Consolidated Balance Sheets in either period.

There were no transfers of financial instruments between the three levels of fair value hierarchy during the three months ended September 30, 2019 and September 30, 2018.

The carrying amount of cash and cash equivalents, accounts receivable, net, accounts payable and certain accrued expenses and other current liabilities approximate fair value due to the short-term maturities of these financial instruments. The Company’s debt approximates fair value due to the debt bearing fluctuating market interest rates (See Note 10, Debt and Borrowings).

In addition to the instruments named above, the Company also makes fair value measurements in connection with its interim and annual goodwill and trade name impairment testing. These measurements fall into Level 3 of the fair value hierarchy (See Note 9, Goodwill and Other Intangible Assets).

Derivative Instruments

The Company primarily has exposure to changes in foreign currency exchange rates relating to certain anticipated cash flows and firm commitments from its international operations. The Company may enter into certain derivative financial instruments, when available on a cost-effective basis, to manage such risk. Derivative financial instruments are not used for speculative purposes. The fair value of these derivatives is included in prepaid expenses and other current assets and accrued expenses and other current liabilities in the Consolidated Balance Sheet. For derivative instruments that qualify as hedges of probable forecasted cash flows, the effective portion of changes in fair value is temporarily reported in accumulated other comprehensive income and recognized in earnings when the hedged item affects earnings. Fair value hedges and derivative instruments not designated as hedges are marked-to-market each reporting period with any unrealized gains or losses recognized in earnings.

Derivative instruments designated at inception as hedges are measured for effectiveness at the inception of the hedge and on a quarterly basis. These assessments determine whether derivatives designated as qualifying hedges continue to be highly effective in offsetting changes in the cash flows of hedged items. Any ineffective portion of change in fair value is not deferred in accumulated other comprehensive (loss) income and is included in current period results. The Company will discontinue cash flow hedge accounting when the forecasted transaction is no longer probable of occurring on the originally forecasted date or when the hedge is no longer effective. There were no discontinued foreign exchange hedges for the three months ended September 30, 2019 and September 30, 2018.

The notional and fair value amounts of cash flow hedges at June 30, 2019 were $2,275 and $83 of net assets, respectively. There were no cash flow hedges outstanding at September 30, 2019.

The notional amounts of foreign currency exchange contracts not designated as hedges at September 30, 2019 and June 30, 2019 were $29,935 and $41,845, respectively. The fair values of foreign currency exchange contracts not designated as hedges at September 30, 2019 and June 30, 2019 were $169 of net liabilities and $440 of net assets, respectively.

Gains and losses related to both designated and non-designated foreign currency exchange contracts are recorded in the Company’s Consolidated Statements of Operations based upon the nature of the underlying hedged transaction and were not material for the three months ended September 30, 2019 and September 30, 2018.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Leases (Supplemental Balance Sheet Information) (Details) $ in Thousands	Sep. 30, 2019 USD ($)
Leases [Abstract]
Operating lease ROU assets	$ 81,830
Finance lease ROU assets, net	1,271
Total leased assets	83,101
Current operating liabilities	13,687
Current finance liabilities	369
Non-current operating liabilities	74,249
Non-current finance liabilities	380
Total lease liabilities	$ 88,685

Goodwill And Other Intangible Assets (Components Of Trademarks And Other Intangible Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Indefinite-lived Intangible Assets [Line Items]
Trademarks and tradenames	$ 286,848	$ 291,199
Other intangibles	199,783	204,630
Less: accumulated amortization	(116,252)	(115,543)
Net carrying amount	370,379	$ 380,286
Trademarks and Tradenames [Member]
Indefinite-lived Intangible Assets [Line Items]
Accumulated impairment charge	$ 83,734

Goodwill And Other Intangible Assets (Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of acquired intangibles	$ 3,083	$ 3,359

Inventories (Details) - USD ($) $ in Thousands	12 Months Ended
Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Sep. 30, 2019
Inventory Disclosure [Abstract]
Finished goods	$ 200,487	$ 208,132
Raw materials, work-in-progress and packaging	98,854	93,219
Total inventories	299,341	$ 301,351
Inventory write-down	$ 12,381

Stock-Based Compensation And Incentive Performance Plans (Compensation Cost And Related Income Tax Benefits Recognized) (Details) - USD ($) $ in Thousands	3 Months Ended		4 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Nov. 04, 2018
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Selling, general and administrative expense			$ 470
Total compensation cost recognized for stock-based compensation plans	$ 3,281	$ 135
Related income tax benefit	373	39
Selling, general and administrative expense
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Selling, general and administrative expense	2,737	(214)
Chief Executive Officer Succession Plan expense, net
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Selling, general and administrative expense	0	312
Discontinued operations
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Selling, general and administrative expense	$ 544	$ 37

Segment Information (Long-lived Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Segment Reporting Information [Line Items]
Long-lived assets	$ 333,751	$ 336,019
United States [Member]
Segment Reporting Information [Line Items]
Long-lived assets	119,050	115,866
United Kingdom [Member]
Segment Reporting Information [Line Items]
Long-lived assets	130,629	132,876
All Other [Member]
Segment Reporting Information [Line Items]
Long-lived assets	$ 84,072	$ 87,277

Debt And Borrowings

3 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Debt And Borrowings

DEBT AND BORROWINGS

Debt and borrowings consisted of the following:



	September 30, 2019		June 30, 2019
Revolving credit facility	$	320,963	$	420,575
Term loan	—		206,250
Less: Unamortized issuance costs	—		(1,022		)
Other borrowings	4,646		4,966
	325,609		630,769
Short-term borrowings and current portion of long-term debt	2,223		17,232
Long-term debt, less current portion	$	323,386	$	613,537

Credit Agreement

On February 6, 2018, the Company entered into the Third Amended and Restated Credit Agreement (the “Credit Agreement”). The Credit Agreement provides for a $1,000,000 revolving credit facility through February 6, 2023 and provides for a $300,000 term loan. Under the Credit Agreement, the revolving credit facility may be increased by an additional uncommitted $400,000, provided certain conditions are met.

Borrowings under the Credit Agreement may be used to provide working capital, finance capital expenditures and permitted acquisitions, refinance certain existing indebtedness and for other lawful corporate purposes. The Credit Agreement provides for multicurrency borrowings in Euros, Pounds Sterling and Canadian Dollars as well as other currencies which may be designated. In addition, certain wholly-owned foreign subsidiaries of the Company may be designated as co-borrowers. The Credit Agreement contains restrictive covenants, which are usual and customary for facilities of its type, and include, with specified exceptions, limitations on the Company’s ability to engage in certain business activities, incur debt, have liens, make capital expenditures, pay dividends or make other distributions, enter into affiliate transactions, consolidate, merge or acquire or dispose of assets, and

make certain investments, acquisitions and loans. The Credit Agreement also requires the Company to satisfy certain financial covenants. Obligations under the Credit Agreement are guaranteed by certain existing and future domestic subsidiaries of the Company. As of September 30, 2019, there were $320,963 of borrowings outstanding under the revolving credit facility and $9,698 letters of credit outstanding under the Credit Agreement. In the three months ended September 30, 2019, the Company used the proceeds from the sale of Tilda, net of transaction costs, to prepay the entire principal amount of term loan outstanding under its credit facility and to partially pay down its revolving credit facility. In connection with the prepayment, the Company wrote off unamortized deferred debt issuance costs of $973, recorded in Interest and other financing expense, net in the Consolidated Statement of Operations.

On May 8, 2019, the Company entered into the Third Amendment to the Third Amended and Restated Credit Agreement (the “Amended Credit Agreement”), whereby, among other things, its allowable consolidated leverage ratio (as defined in the Credit Agreement) and interest coverage ratio (as defined in the Credit Agreement) were adjusted. The Company’s allowable consolidated leverage ratio is no more than 4.75 to 1.0 from March 31, 2019 to December 31, 2019, no more than 4.50 to 1.0 at March 31, 2020, no more than 4.0 to 1.0 at June 30, 2020 and no more than 3.75 to 1.0 on September 30, 2020 and thereafter. Additionally, the Company’s required consolidated interest coverage ratio is no less than 3.0 to 1 through March 31, 2020, no less than 3.75 to 1 through March 31, 2021 and no less than 4.0 to 1 thereafter.

The Amended Credit Agreement also required that the Company and the subsidiary guarantors enter into a Security and Pledge Agreement pursuant to which all of the obligations under the Amended Credit Agreement are secured by liens on assets of the Company and its material domestic subsidiaries, including stock of each of their direct subsidiaries and intellectual property, subject to agreed upon exceptions.

As of September 30, 2019, $669,339 is available under the Amended Credit Agreement, and the Company was in compliance with all associated covenants, as amended by the Amended Credit Agreement.

The Amended Credit Agreement provides that loans will bear interest at rates based on (a) the Eurocurrency Rate, as defined in the Credit Agreement, plus a rate ranging from 0.875% to 2.50% per annum; or (b) the Base Rate, as defined in the Credit Agreement, plus a rate ranging from 0.00% to 1.50% per annum, the relevant rate being the Applicable Rate. The Applicable Rate will be determined in accordance with a leverage-based pricing grid, as set forth in the Amended Credit Agreement. Swing line loans and Global Swing Line loans denominated in U.S. dollars will bear interest at the Base Rate plus the Applicable Rate, and Global Swing Line loans denominated in foreign currencies shall bear interest based on the overnight Eurocurrency Rate for loans denominated in such currency plus the Applicable Rate. The weighted average interest rate on outstanding borrowings under the Amended Credit Agreement at September 30, 2019 was 4.09%. Additionally, the Amended Credit Agreement contains a Commitment Fee, as defined in the Amended Credit Agreement, on the amount unused under the Amended Credit Agreement ranging from 0.20% to 0.45% per annum, and such Commitment Fee is determined in accordance with a leverage-based pricing grid.

Label	Element	Value
Accounting Standards Update 2016-01 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0
Accounting Standards Update 2016-01 [Member] \| AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	348,000
Accounting Standards Update 2016-01 [Member] \| Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(348,000)
Accounting Standards Update 2014-09 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	163,000
Accounting Standards Update 2014-09 [Member] \| Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 163,000

Property, Plant And Equipment, Net (Details) - USD ($)	3 Months Ended
Property, Plant And Equipment, Net (Details) - USD ($)	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 510,769,000		$ 506,304,000
Less: Accumulated depreciation and amortization	222,665,000		218,459,000
Property, plant and equipment, net	288,104,000		287,845,000
Depreciation	7,705,000	$ 7,280,000
Non-cash impairment charge	0
United Kingdom [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		$ 4,236,000
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,012,000		14,240,000
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	82,124,000		83,151,000
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	289,363,000		274,554,000
Computer hardware and software [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	57,412,000		48,984,000
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	18,141,000		17,325,000
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	40,738,000		32,264,000
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 8,979,000		$ 35,786,000

Discontinued Operations

3 Months Ended

Sep. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONS

Sale of Tilda Business

On August 27, 2019, the Company and the Purchaser entered into, and consummated the transactions contemplated by, an Agreement relating to the sale and purchase of the Tilda Group Entities and certain other assets (the “Sale and Purchase Agreement”). Under the Sale and Purchase Agreement, the Company sold the entities comprising its Tilda operating segment and certain other assets of the Tilda business (the “Tilda Group Entities”) to the Purchaser for an aggregate price of $342,000 in cash, subject to customary post-closing adjustments based on the balance sheets of the Tilda business which are still in process of being finalized. The other assets sold in the transaction consisted of raw materials, consumables, packaging, and finished and unfinished goods related to the Tilda business held by other Company entities that are not Tilda Group Entities.

The Sale and Purchase Agreement contains representations, warranties and covenants that are customary for a transaction of this nature. The Company also entered into certain ancillary agreements with the Purchaser and certain of the Tilda Group Entities in connection with the Sale and Purchase Agreement, including a transitional services agreement pursuant to which the Company and the Purchaser will provide transitional services to one another, and business transfer agreements pursuant to which the applicable Tilda Group Entities will transfer certain non-Tilda assets and liabilities in India and the United Arab Emirates to subsidiaries of the Company to be formed in those countries.

The Company used the proceeds from the sale to pay down the remaining outstanding borrowings under its term loan and a portion of its revolving credit facility.

The disposition of the Tilda operating segment represented a strategic shift that had a major impact on the Company’s operations and financial results and has been accounted for as discontinued operations.

The following table presents the major classes of Tilda’s line items constituting the “Net loss from discontinued operations, net of tax” in our Consolidated Statements of Operations:



	Three Months Ended September 30,
	2019			2018
Net sales	$	27,732		$	42,355
Cost of sales	24,152			31,669
Gross profit	3,580			10,686
Selling, general and administrative expense	4,939			6,280
Other expense	348			546
Interest expense⁽¹⁾	2,432			3,391
Translation loss⁽²⁾	95,120			—
Gain on sale of discontinued operations	(13,922		)	—
Net (loss) income from discontinued operations before income taxes	(85,337		)	469
Provision for income taxes⁽³⁾	15,700			483
Net loss from discontinued operations, net of tax	$	(101,037	)	$	(14	)

(1) Interest expense was allocated to discontinued operations based on borrowings repaid with proceeds from the sale of Tilda.

(2) At the completion of the sale of the Tilda business, the Company reclassified $95,120 of cumulative translation losses from accumulated comprehensive loss to the Company’s results of its Tilda business’ discontinued operations.

(3) Includes $16,500 of tax expense related to the tax gain on the sale of Tilda.

Assets and liabilities of discontinued operations associated with Tilda presented in the Consolidated Balance Sheets as of June 30, 2019 are included in the following table:



	June 30,
ASSETS	2019
Cash and cash equivalents	$	8,509
Accounts receivable, less allowance for doubtful accounts	26,955
Inventories	65,546
Prepaid expenses and other current assets	9,038
Total current assets of discontinued operations⁽¹⁾	110,048
Property, plant and equipment, net	40,516
Goodwill	133,098
Trademarks and other intangible assets, net	84,925
Other assets	628
Total noncurrent assets of discontinued operations⁽¹⁾	259,167
Total assets of discontinued operations	$	369,215

LIABILITIES
Accounts payable	$	18,341
Accrued expenses and other current liabilities	4,675
Current portion of long-term debt	8,687
Total current liabilities of discontinued operations⁽¹⁾	31,703
Deferred tax liabilities	17,153
Other noncurrent liabilities	208
Total noncurrent liabilities of discontinued operations⁽¹⁾	17,361
Total liabilities of discontinued operations⁽¹⁾	$	49,064

(1) Assets and liabilities from discontinued operations were classified as current and noncurrent at June 30, 2019 as they did not meet the held-for-sale criteria.

Sale of Hain Pure Protein Reportable Segment

In March 2018, the Company’s Board of Directors approved a plan to sell all of the operations of the Hain Pure Protein Corporation (“HPPC”) operating segment, which included the Plainville Farms and FreeBird businesses, and the EK Holdings, Inc. (“Empire Kosher” or “Empire”) operating segment, which were reported in the aggregate as the Hain Pure Protein reportable segment. Collectively, these dispositions represented a strategic shift that had a major impact on the Company’s operations and financial results and have been accounted for as discontinued operations.

The Company is presenting the operating results and cash flows of Hain Pure Protein within discontinued operations in the current and prior periods.

Sale of Plainville Farms Business

On February 15, 2019, the Company completed the sale of substantially all of the assets used primarily for the Plainville Farms business (a component of HPPC), which included $25,000 in cash to the purchaser, for a nominal purchase price. In addition, the purchaser assumed the current liabilities of the Plainville Farms business as of the closing date. As a condition to consummating the sale, the Company entered into a Contingent Funding and Earnout Agreement, which provided for the issuance by the Company of an irrevocable stand-by letter of credit (the “letter of credit”) of $10,000 which expires nineteen months after issuance. As of June 30, 2019, the purchaser has fully drawn against the letter of credit. The Company is entitled to receive an earnout not to exceed, in the aggregate, 120% of the maximum amount that the purchaser draws on the letter of credit at any point from the date of issuance through the expiration of the letter of credit. Earnout payments are based on a specified percentage of annual free cash flow achieved for all fiscal years ending on or prior to June 30, 2026. If a subsequent change in control of the Plainville Farms business occurs prior to June 30, 2026, the purchaser will pay the Company 120% of the difference between the amount drawn on the letter of credit less the sum of all earnout payments made prior to such time up to the net proceeds received by the purchaser. At September 30, 2019, the Company had not recorded an asset associated with the earnout.

Sale of HPPC and Empire Kosher

On June 28, 2019, the Company completed the sale of the remainder of HPPC and EK Holdings, which included the FreeBird and Empire Kosher businesses. The purchase price, net of estimated customary adjustments based on the closing balance sheet of HPPC, was $77,714. The Company is still in the process of finalizing the closing adjustments. The Company used the proceeds from the sale to pay down a portion of its outstanding borrowings under its term loan.

The following table presents the major classes of Hain Pure Protein’s line items constituting the “Net loss from discontinued operations, net of tax” in our Consolidated Statements of Operations:



	Three Months Ended September 30,
	2019			2018
Net sales	$	—		$	113,539
Cost of sales	—			123,114
Gross loss	—			(9,575		)
Selling, general and administrative expense	—			4,243
Other expense	—			5,674
Loss on sale of discontinued operations⁽¹⁾	1,424			—
Net loss from discontinued operations before income taxes	(1,424		)	(19,492		)
Benefit for income taxes	(393		)	(5,168		)
Net loss from discontinued operations, net of tax	$	(1,031	)	$	(14,324	)

(1) Primarily relates to preliminary closing balance sheet adjustments.

There were no assets or liabilities from discontinued operations associated with Hain Pure Protein at September 30, 2019 or June 30, 2019.

Stock-Based Compensation And Incentive Performance Plans

3 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation And Incentive Performance Plans

STOCK-BASED COMPENSATION AND INCENTIVE PERFORMANCE PLANS

The Company has one shareholder-approved plan, the Amended and Restated 2002 Long-Term Incentive and Stock Award Plan, under which the Company’s officers, senior management, other key employees, consultants and directors may be granted options to purchase the Company’s common stock or other forms of equity-based awards. The Company also grants shares under its 2019 Equity Inducement Award Program to induce selected individuals to become employees of the Company.

2002 Long-Term Incentive and Stock Award Plan, as amended

In November 2002, our stockholders approved the 2002 Long-Term Incentive and Stock Award Plan. An aggregate of 3,200 shares of common stock were originally reserved for issuance under this plan. At various Annual Meetings of Stockholders, including the 2014 Annual Meeting, the plan was amended to increase the number of shares issuable to 31,500 shares. The plan provides for the granting of stock options, stock appreciation rights, restricted stock, restricted share units, performance shares, performance share units and other equity awards to employees, directors and consultants. Awards denominated in shares of common stock other than options and stock appreciation rights will be counted against the available share limit as two and seven hundredths shares for every one share covered by such award. All of the options granted to date under the plan have been incentive or non-qualified stock options providing for the exercise price equal to the fair market price at the date of grant. Stock option awards granted under the plan expire seven years after the date of grant. Options and other stock-based awards vest in accordance with provisions set forth in the applicable award agreements. No awards shall be granted under this plan after November 20, 2024. As of September 30, 2019, no options are outstanding under the plan.

2019 Equity Inducement Award Program

The primary purpose of the 2019 Equity Inducement Award Program is to further the long-term stability and success of the Company by providing a program to reward selected individuals newly hired as employees of the Company with grants of inducement awards. Shares issued under this program are granted outside of the Amended and Restated 2002 Long-Term Incentive and Stock Award Plan.

Other Plans

At September 30, 2019, there were 122 options outstanding that were granted under a prior Celestial Seasonings plan. Although no further awards can be granted under the prior Celestial Seasonings plan, the options outstanding continue in accordance with the terms of the plan and grants.

Compensation cost and related income tax benefits recognized in the Consolidated Statements of Operations for stock-based compensation plans were as follows:



	Three Months Ended September 30,
	2019		2018
Selling, general and administrative expense	$	2,737	$	(214	)
Chief Executive Officer Succession Plan expense, net	—		312
Discontinued operations	544		37
Total compensation cost recognized for stock-based compensation plans	$	3,281	$	135
Related income tax benefit	$	373	$	39

In the three months ended September 30, 2018, the Company recorded a benefit of $1,867 related to the reversal of expense associated with the TSR Grant under the 2017-2019 LTIP, as defined and discussed further below.

Restricted Stock

A summary of the restricted stock and restricted share unit activity for the three months ended September 30, 2019 is as follows:



	Number of Shares and Units		Weighted Average Grant Date Fair Value (per share)
Non-vested restricted stock, restricted share units, and performance units at June 30, 2019	4,360		$	7.92
Granted	3		$	21.41
Vested	(40	)	$	24.68
Forfeited	(759	)	$	6.18
Non-vested restricted stock, restricted share units, and performance units at September 30, 2019	3,564		$	8.12



	Three Months Ended September 30,
	2019		2018
Fair value of restricted stock and restricted share units granted	$	59	$	148
Fair value of shares vested	$	770	$	2,492
Tax benefit recognized from restricted shares vesting	$	59	$	620

At September 30, 2019, $17,622 of unrecognized stock-based compensation expense, net of estimated forfeitures, related to non-vested restricted stock awards was expected to be recognized over a weighted average period of approximately 1.9 years.

Stock Options

A summary of the stock option activity for the three months ended September 30, 2019 is as follows:



	Number of Options	Weighted Average Exercise Price		Weighted Average Contractual Life (years)	Aggregate Intrinsic Value
Options outstanding and exercisable at June 30, 2019	122	$	2.26
Exercised	—	—
Options outstanding and exercisable at September 30, 2019	122	$	2.26	11.8	$	2,344

At September 30, 2019, there was no unrecognized compensation expense related to stock option awards.

Long-Term Incentive Plan

The Company maintains a long-term incentive program (the “LTI Plan”). Participants in the LTI Plan include certain of the Company’s executive officers and other key executives. The Compensation Committee administers the LTI Plan and is responsible for, among other items, selecting the specific performance measures for awards and setting the target performance required to receive an award after the completion of the performance period. The Compensation Committee determines the specific payout to the participants. Any such stock-based awards shall be issued pursuant to and be subject to the terms and conditions of the Amended and Restated 2002 Long-Term Incentive and Stock Award Plan, as in effect and as amended from time-to-time, and the 2019 Equity Inducement Award Program, as applicable.

As of September 30, 2019, the LTI Plan consisted of three performance-based long-term incentive plans (the “2017-2019 LTIP”, “2018-2020 LTIP” and “2019-2021 LTIP”) that provide for performance equity awards that can be earned over defined performance periods. As of September 30, 2018, the Company maintained the 2017-2019 LTIP and also maintained a 2016-2018 LTIP that provided for performance equity awards that could have been earned over a three-year performance period.

In the three months ended September 30, 2019, the Company recognized $1,264 in connection with the 2018-2020 and 2019-2021 LTIPs. No expense was recognized under the 2017-2019 LTIP in the three months ended September 30, 2019.

During the three months ended September 30, 2018, in connection with the 2016-2018 LTIP, for the three-year performance period of July 1, 2015 through June 30, 2018, the Compensation Committee determined that the adjusted operating income goal required to be met for Section 162(m) funding was not achieved and determined that no awards would be paid or vested pursuant to the 2016-2018 LTIP. Accordingly, the 223 unvested performance stock unit awards previously granted in connection with the relative TSR portion of the award were forfeited, and amounts accrued relating to the net sales portion of the award were reversed. As such, in the three months ended September 30, 2018, the Company recorded a benefit of $6,482 associated with the reversal of previously accrued amounts under the net sales portion of the 2016-2018 LTIP, of which $5,065 was recorded in Chief Executive Officer Succession Plan expense, net on the Consolidated Statement of Operations.

In connection with the 2017-2019 LTIP, in the three months ended September 30, 2018, the Company determined that the achievement of the adjusted operating income goal required to be met for Section 162(m) funding was not probable. Accordingly, during the three months ended September 30, 2018, the Company recorded benefits of $1,129 and $1,867 associated with the reversal of previously accrued amounts under the portions of the 2017-2019 LTIP that were dependent on the achievement of pre-determined performance measures of net sales and relative TSR, respectively.

Inventories

3 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:



	September 30, 2019		June 30, 2019
Finished goods	$	208,132	$	200,487
Raw materials, work-in-progress and packaging	93,219		98,854
	$	301,351	$	299,341

At each period end, inventory is reviewed to ensure that it is recorded at the lower of cost or net realizable value. In the fiscal year ended June 30, 2019, the Company recorded inventory write-downs of $12,381 in connection with the discontinuance of slow moving SKUs as part of a product rationalization initiative.

Goodwill And Other Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Long-lived asset impairment		$ 0
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	25 years

Basis Of Presentation (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jul. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right of use assets	$ 81,830
Lease liabilities	$ 88,685
ASU 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right of use assets		$ 89,475
Lease liabilities		94,997
Cumulative effect of adoption of ASU		(439)
Retained Earnings [Member] \| ASU 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of ASU		$ (439)

Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Sep. 30, 2019

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive income (loss):



	Three Months Ended September 30,
	2019			2018
Foreign currency translation adjustments:
Other comprehensive income (loss) before reclassifications ⁽¹⁾	$	(38,942	)	$	(13,519	)
Amounts reclassified into income ⁽²⁾	95,120			—
Deferred (losses)/gains on cash flow hedging instruments:
Other comprehensive (loss) income before reclassifications	—			—
Amounts reclassified into income ⁽³⁾	(68		)	—
Net change in accumulated other comprehensive income (loss)	$	56,110		$	(13,519	)

(1) Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature and were net losses of $863 and $159 for the three months ended September 30, 2019 and 2018, respectively.

(2) Foreign currency translation gains or losses of foreign subsidiaries related to divested businesses are reclassified into income once the liquidation of the respective foreign subsidiaries is substantially complete. At the completion of the sale of the Tilda business, the Company reclassified $95,120 of translation losses from accumulated comprehensive loss to the Company’s results of discontinued operations.

(3) Amounts reclassified into income for deferred (losses)/gains on cash flow hedging instruments are recorded in “Cost of sales” in the Consolidated Statements of Operations, and before taxes, were $78 in the three months ended September 30, 2019. There were no amounts reclassified into income in the three months ended September 30, 2018.

Earnings (Loss) Per Share (Computation Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Net loss from continuing operations	$ (4,953)	$ (23,087)
Net loss from discontinued operations, net of tax	(102,068)	(14,338)
Net loss	$ (107,021)	$ (37,425)
Denominator:
Basic weighted average shares outstanding (shares)	104,225	103,962
Effect of dilutive stock options, unvested restricted stock and unvested restricted share units (shares)	0	0
Diluted weighted average shares outstanding (shares)	104,225	103,962
Basic net loss per common share:
Basic net income (loss) per common share from continuing operations (USD per share)	$ (0.05)	$ (0.22)
Basic net income (loss) per common share from discontinued operations (USD per share)	(0.98)	(0.14)
Basic net income (loss) per common share (USD per share)	(1.03)	(0.36)
Diluted net loss per common share:
Diluted net income (loss) per common share from continuing operations (USD per share)	(0.05)	(0.22)
Diluted net income (loss) per common share from discontinued operations (USD per share)	(0.98)	(0.14)
Diluted net income (loss) per common share (USD per share)	$ (1.03)	$ (0.36)

Cover Page - shares	3 Months Ended
Cover Page - shares	Sep. 30, 2019	Oct. 31, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	0-22818
Entity Registrant Name	THE HAIN CELESTIAL GROUP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	22-3240619
Entity Address, Address Line One	1111 Marcus Avenue
Entity Address, City or Town	Lake Success
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	11042
City Area Code	516
Local Phone Number	587-5000
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	HAIN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		104,333,512
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000910406
Current Fiscal Year End Date	--06-30

Leases (Tables)

3 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease Expenses and Other Information

The components of lease expenses for the three months ended September 30, 2019 were as follows:



	Three Months Ended
	September 30, 2019
Operating lease expenses	$	4,689
Finance lease expenses:
Amortization of ROU assets	280
Interest on lease liabilities	21
Total finance lease expenses	301
Variable lease expenses	859
Short-term lease expenses	440
Total lease expenses	$	6,289



	Three Months Ended
	September 30, 2019
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,735
Operating cash flows from finance leases	6
Financing cash flows from finance leases	119
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	86,213
Finance leases	948
Weighted average remaining lease terms
Operating leases	8.9 years
Finance leases	2.3 years
Weighted average discount rates
Operating leases	3.2		%
Finance leases	2.2		%

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases were as follows:



Leases	Classification	September 30, 2019
Assets
Operating lease ROU assets	Operating lease right of use assets	$	81,830
Finance lease ROU assets, net	Property, plant and equipment, net	1,271
Total leased assets		$	83,101

Liabilities
Current
Operating	Accrued expenses and other current liabilities	$	13,687
Finance	Current portion of long-term debt	369
Non-current
Operating	Operating lease liabilities, noncurrent portion	$	74,249
Finance	Long-term debt, less current portion	380
Total lease liabilities		$	88,685

Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 were as follows:



	Operating leases		Finance leases		Total
2019 (remainder of year)	$	11,335	$	273	$	11,608
2020	13,947		314		14,261
2021	11,787		139		11,926
2022	10,905		36		10,941
2023	9,185		9		9,194
Thereafter	38,538		0		38,538
Total lease payments	95,697		771		96,468
Less: Imputed interest	7,761		22		7,783
Total lease liabilities	$	87,936	$	749	$	88,685

Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2019 were as follows:



	Operating leases		Finance leases		Total
2019 (remainder of year)	$	11,335	$	273	$	11,608
2020	13,947		314		14,261
2021	11,787		139		11,926
2022	10,905		36		10,941
2023	9,185		9		9,194
Thereafter	38,538		0		38,538
Total lease payments	95,697		771		96,468
Less: Imputed interest	7,761		22		7,783
Total lease liabilities	$	87,936	$	749	$	88,685

Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Sep. 30, 2019

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in accumulated other comprehensive income (loss):



	Three Months Ended September 30,
	2019			2018
Foreign currency translation adjustments:
Other comprehensive income (loss) before reclassifications ⁽¹⁾	$	(38,942	)	$	(13,519	)
Amounts reclassified into income ⁽²⁾	95,120			—
Deferred (losses)/gains on cash flow hedging instruments:
Other comprehensive (loss) income before reclassifications	—			—
Amounts reclassified into income ⁽³⁾	(68		)	—
Net change in accumulated other comprehensive income (loss)	$	56,110		$	(13,519	)

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts (in dollars)	$ 558	$ 588
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	108,873,000	108,833,000
Common stock, shares, outstanding	104,242,000	104,219,000
Treasury stock, shares	4,631,000	4,614,000

Consolidated Statement Of Stockholders' Equity (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Statement of Stockholders' Equity [Abstract]
Common stock, par value (USD per share)	$ 0.01	$ 0.01	$ 0.01	$ 0.01

Business (Details) $ in Thousands		3 Months Ended	12 Months Ended
Business (Details) $ in Thousands	Aug. 27, 2019 USD ($)	Sep. 30, 2019 segment country	Jun. 30, 2019 segment unit
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of countries in which entity operates (more than) \| country		70
Number of slow moving stock-keeping units \| unit			350
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of reportable segments \| segment		2	3
Disposed of by Sale [Member] \| Tilda [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture \| $	$ 342,000

Segment Information

3 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

Prior to July 1, 2019, the Company’s operations were managed in seven operating segments: the United States, United Kingdom, Tilda, Ella’s Kitchen UK, Europe, Canada and Hain Ventures. For segment reporting purposes, based on economic similarity as outlined within Accounting Standards Codification (ASC) 280, Segment Reporting, the Company elected to combine the United Kingdom, Tilda and Ella’s Kitchen UK operating segments into one reportable segment known as “United Kingdom.” Additionally, the Canada, Europe and Hain Ventures operating segments were combined as the “Rest of World” reportable segment. Separately, the United States operating segment comprised its own reportable segment.

Effective July 1, 2019, the Company reassessed its segment reporting structure due to changes in how the Company’s CODM assesses the Company’s performance and allocates resources as a result of a change in the Company’s strategy, which includes creating synergies among the Company’s United States and Canada businesses, as well as among the Company’s international businesses in the United Kingdom and Europe. As a result, the Canada and Hain Ventures operating segments, which were included within the Rest of World reportable segment, were moved to the United States reportable segment and renamed the North America reportable segment. Additionally, the Europe operating segment, which was included in the Rest of World reportable segment, was combined with the United Kingdom reportable segment and renamed the International reportable segment. Accordingly, the Company now operates under two reportable segments: North America and International.

The prior period segment information contained below has been adjusted to reflect the Company’s new operating and reporting structure.

The Tilda operating segment was classified as discontinued operations as discussed in “Note 5, Discontinued Operations.” Therefore, segment information presented excludes the results of Tilda for all periods presented.

Net sales and operating income are the primary measures used by the Company’s CODM to evaluate segment operating performance and to decide how to allocate resources to segments. The CODM is the Company’s Chief Executive Officer. Expenses related to certain centralized administration functions that are not specifically related to an operating segment are included in Corporate and Other. Corporate and Other expenses are comprised mainly of the compensation and related expenses of certain of the Company’s senior executive officers and other selected employees who perform duties related to the entire enterprise, as well as expenses for certain professional fees, facilities and other items which benefit the Company as a whole. Additionally, certain Productivity and transformation costs are included in “Corporate and Other.” Expenses that are managed centrally, but can be attributed to a segment, such as employee benefits and certain facility costs, are allocated based on reasonable allocation methods. Assets are reviewed by the CODM on a consolidated basis and therefore are not reported by operating segment.

The following tables set forth financial information about each of the Company’s reportable segments. Transactions between reportable segments were insignificant for all periods presented.



	Three Months Ended September 30,
	2019			2018
Net Sales:
North America	$	271,701		$	291,191
International	210,375			227,287
	$	482,076		$	518,478

Operating Income/(Loss):
North America	$	15,132		$	4,506
International	9,107			5,660
	24,239			10,166
Corporate and Other ^(a)	(21,784		)	(38,130		)
	$	2,455		$	(27,964	)

(a) For the three months ended September 30, 2019, Corporate and Other includes $10,735 of Productivity and transformation costs, partially offset by a benefit of $2,562 of proceeds from insurance claim. For the three months ended September 30, 2018, Corporate and Other includes $19,553 of Chief Executive Officer Succession Plan expense, net, $7,977 of Productivity and transformation costs and $3,414 of accounting review and remediation costs.

The Company’s long-lived assets, which primarily represent net property, plant and equipment, by geographic area were as follows:



	September 30, 2019		June 30, 2019
United States	$	119,050	$	115,866
United Kingdom	130,629		132,876
All Other	84,072		87,277
Total	$	333,751	$	336,019

The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiaries, were as follows:



	Three Months Ended September 30,
	2019		2018
United States	$	236,334	$	254,942
United Kingdom	161,581		179,436
All Other	84,161		84,100
Total	$	482,076	$	518,478

Debt And Borrowings (Tables)

3 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule Of Debt And Borrowings

Debt and borrowings consisted of the following:



	September 30, 2019		June 30, 2019
Revolving credit facility	$	320,963	$	420,575
Term loan	—		206,250
Less: Unamortized issuance costs	—		(1,022		)
Other borrowings	4,646		4,966
	325,609		630,769
Short-term borrowings and current portion of long-term debt	2,223		17,232
Long-term debt, less current portion	$	323,386	$	613,537

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Goodwill And Other Intangible Assets

3 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The following table shows the changes in the carrying amount of goodwill by business segment:



	North America			International			Total
Balance as of June 30, 2019 ^(a)	$	612,590		$	263,291		$	875,881
Translation and other adjustments, net	(279		)	(8,531		)	(8,810		)
Balance as of September 30, 2019^(a)	$	612,311		$	254,760		$	867,071

(a) The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges, of which $97,358 related to the Company’s United Kingdom operating segment, $29,219 related to the Company’s Europe operating segment and $7,700 related to the Company’s former Hain Ventures operating segment, whose goodwill and accumulated impairment charges were reallocated within the North America reportable segment to the United States and Canada operating segments on a relative fair value basis.

Beginning in the three months ended September 30, 2019, operations of Tilda have been classified as discontinued operations as discussed in Note 5, Discontinued Operations. Therefore, goodwill associated with Tilda is presented as assets of discontinued operations in the Consolidated Financial Statements.

The Company performs its annual test for goodwill and indefinite-lived intangible asset impairment as of the first day of the fourth quarter of its fiscal year. In addition, if and when events or circumstances change that would more likely than not reduce the fair value of any of its reporting units or indefinite-life intangible assets below their carrying value, an interim test is performed.

The Company completed its annual goodwill impairment analysis in the fourth quarter of fiscal year 2019, in conjunction with its budgeting and forecasting process for fiscal year 2020, and concluded that no indicators of impairment existed at any of its reporting units.

During fiscal 2019, the Company’s goodwill reporting units were Hain Pure Personal Care, Grocery and Snacks and Celestial Tea in the United States reportable segment, Hain Daniels, Ella’s Kitchen and Tilda in the United Kingdom reportable segment and Hain Canada, Hain Europe and Hain Ventures within the Rest of World reportable segment. As discussed in Note 17, Segment Information, effective July 1, 2019, the Company changed its segment reporting structure due to changes in how the Company’s Chief Operating Decision Maker (“CODM”), assesses the Company’s performance and allocates resources as a result of a change in the Company’s strategy. In connection with these changes, the Company’s reporting units now consist of the United States (as a single reporting unit) and Hain Canada within the North America reportable segment and Hain Daniels, Ella’s Kitchen, Tilda (prior to its sale on August 27, 2019) and Hain Europe within the International reportable segment. The brands constituting the Hain Ventures reporting unit were combined within the United States and Hain Canada reporting units, and its goodwill was reallocated to the United States and Canada operating segments on a relative fair value basis. The Company completed an assessment for potential impairment of the goodwill prior and subsequent to the aforementioned changes and determined that no impairment existed.

Other than the assessment of goodwill associated with the changes in our reporting units, there were no events or circumstances that warranted an interim impairment test for goodwill during the three months ended September 30, 2019.

Other Intangible Assets

The following table sets forth Consolidated Balance Sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:



	September 30, 2019			June 30, 2019
Non-amortized intangible assets:
Trademarks and tradenames ^(a)	$	286,848		$	291,199
Amortized intangible assets:
Other intangibles	199,783			204,630
Less: accumulated amortization	(116,252		)	(115,543		)
Net carrying amount	$	370,379		$	380,286

(a) The gross carrying value of trademarks and tradenames is reflected net of $83,734 of accumulated impairment charges.

There were no events or circumstances that warranted an interim impairment test for indefinite-lived intangible assets during the three months ended September 30, 2019.

Amortized intangible assets, which are deemed to have a finite life, primarily consist of customer relationships and are amortized over their estimated useful lives of 3 to 25 years. Amortization expense included in continuing operations was as follows:



	Three Months Ended September 30,
	2019		2018
Amortization of acquired intangibles	$	3,083	$	3,359

Basis Of Presentation (Policies)	3 Months Ended
Basis Of Presentation (Policies)	Sep. 30, 2019
Accounting Policies [Abstract]
Newly Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements Not Yet Effective	Newly Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The amendments in this ASU replace most of the existing U.S. GAAP lease accounting guidance in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The Company adopted the standard as of July 1, 2019, using a modified retrospective approach. Except for the accounting policy for leases appearing below, implemented as a result of adopting Topic 842, there have been no material changes in our significant accounting policies during the three months ended September 30, 2019, as compared to the significant accounting policies described in Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements as of June 30, 2019 and for the fiscal year then ended included in the Form 10-K. Under Topic 842, we determine if an arrangement is a lease at inception. Operating lease assets are presented as operating lease right of use (“ROU”) assets, and corresponding operating lease liabilities are presented within accrued expenses and other current liabilities (current portions), and as operating lease liabilities, noncurrent portion, on our Consolidated Balance Sheet. Finance lease assets are included in property and equipment, net and corresponding finance lease liabilities are included within current portion of long-term debt and long-term debt, less current portion, on our Consolidated Balance Sheet. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the remaining lease payments over the lease term at commencement date. Our leases do not provide an implicit interest rate. We calculate the incremental borrowing rate to reflect the interest rate that we would have to pay to borrow on a fully collateralized basis an amount equal to the lease payments in a similar economic environment over a similar term. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. The Company has elected to separate lease and non-lease components. Additionally, some of the Company’s leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index updates are recorded as variable lease expense in the period incurred. The Company has elected not to recognize ROU assets and lease liabilities for short-term leases that have a term of 12 months or less and has elected to utilize the practical expedient permitted under the transition guidance of not reassessing whether existing contracts contain leases and carrying forward the historical classification of leases. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. In addition, the Company does not have any related party leases and sublease transactions are de minimis. Adoption of the new standard resulted in the recording of operating lease ROU assets and lease liabilities as of July 1, 2019 of $89,475 and $94,997, respectively, with the difference largely due to prepaid and deferred rent that were reclassified to the ROU asset value. In addition, the Company recorded a cumulative-effect adjustment to opening retained earnings of $439 for the impairment of an abandoned ROU asset at the effective date for a manufacturing facility in the United Kingdom that was previously impaired and the remaining lease payments were accounted for under ASC Topic 420, Exit or Disposal Obligations. The standard did not materially affect the Company’s consolidated net income or cash flows. See Note 8, Leases, for further details. Recently Issued Accounting Pronouncements Not Yet Effective In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments," which requires measurement and recognition of expected versus incurred credit losses for most financial assets. The new guidance is effective for interim and annual periods beginning after December 15, 2019. The Company is currently assessing the impact that this standard will have on its consolidated financial statements. Refer to Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements as of June 30, 2019 and for the fiscal year then ended included in the Form 10-K for a detailed discussion on additional recently issued accounting pronouncements not yet adopted by the Company. There has been no change to the statements made in the Form 10-K as of the date of filing of this Form 10-Q.

Leases

3 Months Ended

Sep. 30, 2019

Leases [Abstract]

Leases

LEASES

The Company leases office space, warehouse and distribution facilities, manufacturing equipment and vehicles primarily in North America and Europe. The Company determines if an agreement is or contains a lease at inception. Leases with an initial term of 12 months or less are not recorded on the balance sheet.

Companies are required to use the rate implicit in the lease whenever that rate is readily determinable and if the interest rate is not readily determinable, then a lessee may use its incremental borrowing rate. As the Company’s leases typically do not provide an implicit rate, the Company uses the incremental borrowing rate based on the information available at commencement in determining the present value of lease payments.

ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets and liabilities are based on the estimated present value of lease payments over the lease term and are recognized at the lease commencement date.

The lease terms determined by the Company may include options to extend or terminate the lease when it is reasonably certain that it will exercise that option. A limited number of the Company’s lease agreements include rental payments adjusted periodically for inflation. The Company’s lease agreements generally do not contain residual value guarantees or material restrictive covenants.

The Company has elected to separate lease and non-lease components. Additionally, some of the Company’s leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index updates are recorded as rent expense in the period incurred.

The components of lease expenses for the three months ended September 30, 2019 were as follows:



	Three Months Ended
	September 30, 2019
Operating lease expenses	$	4,689
Finance lease expenses:
Amortization of ROU assets	280
Interest on lease liabilities	21
Total finance lease expenses	301
Variable lease expenses	859
Short-term lease expenses	440
Total lease expenses	$	6,289

Supplemental balance sheet information related to leases were as follows:



Leases	Classification	September 30, 2019
Assets
Operating lease ROU assets	Operating lease right of use assets	$	81,830
Finance lease ROU assets, net	Property, plant and equipment, net	1,271
Total leased assets		$	83,101

Liabilities
Current
Operating	Accrued expenses and other current liabilities	$	13,687
Finance	Current portion of long-term debt	369
Non-current
Operating	Operating lease liabilities, noncurrent portion	$	74,249
Finance	Long-term debt, less current portion	380
Total lease liabilities		$	88,685

Additional information related to leases is as follows:



	Three Months Ended
	September 30, 2019
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,735
Operating cash flows from finance leases	6
Financing cash flows from finance leases	119
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	86,213
Finance leases	948
Weighted average remaining lease terms
Operating leases	8.9 years
Finance leases	2.3 years
Weighted average discount rates
Operating leases	3.2		%
Finance leases	2.2		%

Maturities of lease liabilities as of September 30, 2019 were as follows:



	Operating leases		Finance leases		Total
2019 (remainder of year)	$	11,335	$	273	$	11,608
2020	13,947		314		14,261
2021	11,787		139		11,926
2022	10,905		36		10,941
2023	9,185		9		9,194
Thereafter	38,538		0		38,538
Total lease payments	95,697		771		96,468
Less: Imputed interest	7,761		22		7,783
Total lease liabilities	$	87,936	$	749	$	88,685

Leases

LEASES

The components of lease expenses for the three months ended September 30, 2019 were as follows:



	Three Months Ended
	September 30, 2019
Operating lease expenses	$	4,689
Finance lease expenses:
Amortization of ROU assets	280
Interest on lease liabilities	21
Total finance lease expenses	301
Variable lease expenses	859
Short-term lease expenses	440
Total lease expenses	$	6,289

Supplemental balance sheet information related to leases were as follows:



Leases	Classification	September 30, 2019
Assets
Operating lease ROU assets	Operating lease right of use assets	$	81,830
Finance lease ROU assets, net	Property, plant and equipment, net	1,271
Total leased assets		$	83,101

Liabilities
Current
Operating	Accrued expenses and other current liabilities	$	13,687
Finance	Current portion of long-term debt	369
Non-current
Operating	Operating lease liabilities, noncurrent portion	$	74,249
Finance	Long-term debt, less current portion	380
Total lease liabilities		$	88,685

Additional information related to leases is as follows:



	Three Months Ended
	September 30, 2019
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,735
Operating cash flows from finance leases	6
Financing cash flows from finance leases	119
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	86,213
Finance leases	948
Weighted average remaining lease terms
Operating leases	8.9 years
Finance leases	2.3 years
Weighted average discount rates
Operating leases	3.2		%
Finance leases	2.2		%

Maturities of lease liabilities as of September 30, 2019 were as follows:



	Operating leases		Finance leases		Total
2019 (remainder of year)	$	11,335	$	273	$	11,608
2020	13,947		314		14,261
2021	11,787		139		11,926
2022	10,905		36		10,941
2023	9,185		9		9,194
Thereafter	38,538		0		38,538
Total lease payments	95,697		771		96,468
Less: Imputed interest	7,761		22		7,783
Total lease liabilities	$	87,936	$	749	$	88,685

Investments	3 Months Ended
Investments	Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investments	INVESTMENTS Equity method investment On October 27, 2015, the Company acquired a 14.9% interest in Chop’t Creative Salad Company LLC (“Chop’t”). Chop’tdevelops and operates fast-casual, fresh salad restaurants in the Northeast and Mid-Atlantic United States. Chop’t markets and sells certain of the Company’s branded products and provides consumer insight and feedback. The investment is being accounted for as an equity method investment due to the Company’s representation on the Board of Directors of Chop’t. During fiscal 2018, the Company’s ownership interest was reduced to 13.4% due to the distribution of additional ownership interests. Further ownership interest distributions could potentially dilute the Company’s ownership interest to as low as 11.9%. At September 30, 2019 and June 30, 2019, the carrying value of the Company’s investment in Chop’t was $14,583 and $14,632, respectively, and is included in the Consolidated Balance Sheets as a component of “Investments and joint ventures.”

Consolidated Statements Of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Net sales	$ 482,076	$ 518,478
Cost of sales	384,245	429,570
Gross profit	97,831	88,908
Selling, general and administrative expenses	80,680	75,977
Amortization of acquired intangibles	3,083	3,359
Productivity and transformation costs	14,175	10,333
Chief Executive Officer Succession Plan expense, net	0	19,553
Proceeds from insurance claim	(2,562)	0
Accounting review and remediation costs	0	3,414
Long-lived asset impairment	0	4,236
Operating income (loss)	2,455	(27,964)
Interest and other financing expense, net	6,294	4,314
Other expense, net	1,328	600
Loss from continuing operations before income taxes and equity in net loss of equity-method investees	(5,167)	(32,878)
Benefit for income taxes	(531)	(9,966)
Equity in net loss of equity-method investees	317	175
Net loss from continuing operations	(4,953)	(23,087)
Net loss from discontinued operations, net of tax	(102,068)	(14,338)
Net loss	$ (107,021)	$ (37,425)
Net loss per common share:
Basic net income (loss) per common share from continuing operations (USD per share)	$ (0.05)	$ (0.22)
Basic net income (loss) per common share from discontinued operations (USD per share)	(0.98)	(0.14)
Basic net income (loss) per common share (USD per share)	(1.03)	(0.36)
Diluted net income (loss) per common share from continuing operations (USD per share)	(0.05)	(0.22)
Diluted net income (loss) per common share from discontinued operations (USD per share)	(0.98)	(0.14)
Diluted net income (loss) per common share (USD per share)	$ (1.03)	$ (0.36)
Shares used in the calculation of net loss per common share:
Basic (shares)	104,225	103,962
Diluted (shares)	104,225	103,962

Debt And Borrowings (Credit Agreement) (Details)	3 Months Ended						9 Months Ended
Debt And Borrowings (Credit Agreement) (Details)	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019 USD ($)	Dec. 31, 2019	Jun. 30, 2019 USD ($)	Feb. 06, 2018 USD ($)
Unsecured revolving credit facility [Member] \| Credit Agreement [Member]
Line of Credit Facility [Line Items]
Revolving credit facility									$ 1,000,000,000
Line of credit facility outstanding						$ 320,963,000
Letters of credit outstanding						9,698,000
Write off of unamortized issuance costs						973,000
Term Loan [Member] \| Amended Credit Agreement [Member]
Line of Credit Facility [Line Items]
Revolving credit facility									300,000
Additional borrowing capacity									$ 400,000
Available borrowing capacity						$ 669,339,000
Weighted average interest rate						4.09%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Commitment fee percentage						0.20%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Commitment fee percentage						0.45%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Eurocurrency Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate						0.875%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Eurocurrency Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate						2.50%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate						0.00%
Term Loan [Member] \| Amended Credit Agreement [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate						1.50%
Term Loan [Member] \| May 3rd Amended Credit Agreement [Member] \| Forecast [Member]
Line of Credit Facility [Line Items]
Interest coverage ratio		4.0	3.75		3.0
Consolidated leverage ratio	4.0			3.75	4.50		4.75
Term Loan [Member] \| Term Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility outstanding						$ 0		$ 206,250,000

Commitments And Contingencies (Details) - complaint			1 Months Ended
Commitments And Contingencies (Details) - complaint	Apr. 26, 2017	Aug. 17, 2016	Dec. 29, 2016
Securities Complaints [Member]
Loss Contingencies [Line Items]
Number of complaints		3
Derivative Complaints [Member]
Loss Contingencies [Line Items]
Number of complaints			2
Barnes Complaint [Member]
Loss Contingencies [Line Items]
Number of complaints	2

Income Taxes	3 Months Ended
Income Taxes	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES In general, the Company uses an estimated annual effective tax rate, which is based on expected annual income and statutory tax rates in the various jurisdictions in which the Company operates, to determine its quarterly provision for income taxes. Certain significant or unusual items are separately recognized in the quarter in which they occur and can be a source of variability on the effective tax rates from quarter to quarter. The Company’s effective tax rate may change from period-to-period based on recurring and non-recurring factors including the geographical mix of earnings, enacted tax legislation, state and local income taxes and tax audit settlements. The effective income tax rates from continuing operations were benefits of 10.3% and 30.3% for the three months ended September 30, 2019 and September 30, 2018, respectively. The effective income tax rate from continuing operations for the three months ended September 30, 2019 and 2018 were impacted by provisions in the Tax Cuts and Jobs Act, primarily related to Global Intangible Low Taxed Income and limitations on the deductibility of executive compensation. The effective income tax rates in each period were also impacted by the geographical mix of earnings and state valuation allowance. During fiscal 2019, the Company recorded a partial valuation allowance against certain state deferred tax assets and state net operating loss carryforwards as it is not more likely than not that the state tax attributes will be realized. The Company continues to maintain this valuation allowance as of September 30, 2019. The income tax expense from discontinued operations was $15,307 for the three months ended September 30, 2019, while the income tax benefit from discontinued operations was $4,685 for the three months ended September 30, 2018. The expense for income taxes for the three months ended September 30, 2019 was impacted by $16,500 of tax related to the tax gain on the sale of the Tilda entities. The income tax benefit for the three months ended September 30, 2018 was the result of current period book losses.

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net change in accumulated other comprehensive income (loss)	$ 56,110,000	$ (13,519,000)
Foreign currency translation adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications	(38,942,000)	(13,519,000)
Amounts reclassified into income	95,120,000	0
Foreign currency translation adjustments [Member] \| Tilda [Member] \| Disposed of by Sale [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified into income	95,120,000
Deferred gains/(losses) on cash flow hedging instruments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified into income	(68,000)	0
Amounts reclassified into income for deferred gains/(losses) on cash flow hedging instruments	78,000	0
Intra-entity foreign currency transactions [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications	$ (863,000)	$ (159,000)

Discontinued Operations (Tables)

3 Months Ended

Sep. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations



	Three Months Ended September 30,
	2019			2018
Net sales	$	—		$	113,539
Cost of sales	—			123,114
Gross loss	—			(9,575		)
Selling, general and administrative expense	—			4,243
Other expense	—			5,674
Loss on sale of discontinued operations⁽¹⁾	1,424			—
Net loss from discontinued operations before income taxes	(1,424		)	(19,492		)
Benefit for income taxes	(393		)	(5,168		)
Net loss from discontinued operations, net of tax	$	(1,031	)	$	(14,324	)

(1) Primarily relates to preliminary closing balance sheet adjustments.

The following table presents the major classes of Tilda’s line items constituting the “Net loss from discontinued operations, net of tax” in our Consolidated Statements of Operations:



	Three Months Ended September 30,
	2019			2018
Net sales	$	27,732		$	42,355
Cost of sales	24,152			31,669
Gross profit	3,580			10,686
Selling, general and administrative expense	4,939			6,280
Other expense	348			546
Interest expense⁽¹⁾	2,432			3,391
Translation loss⁽²⁾	95,120			—
Gain on sale of discontinued operations	(13,922		)	—
Net (loss) income from discontinued operations before income taxes	(85,337		)	469
Provision for income taxes⁽³⁾	15,700			483
Net loss from discontinued operations, net of tax	$	(101,037	)	$	(14	)

(1) Interest expense was allocated to discontinued operations based on borrowings repaid with proceeds from the sale of Tilda.

(3) Includes $16,500 of tax expense related to the tax gain on the sale of Tilda.

Assets and liabilities of discontinued operations associated with Tilda presented in the Consolidated Balance Sheets as of June 30, 2019 are included in the following table:



	June 30,
ASSETS	2019
Cash and cash equivalents	$	8,509
Accounts receivable, less allowance for doubtful accounts	26,955
Inventories	65,546
Prepaid expenses and other current assets	9,038
Total current assets of discontinued operations⁽¹⁾	110,048
Property, plant and equipment, net	40,516
Goodwill	133,098
Trademarks and other intangible assets, net	84,925
Other assets	628
Total noncurrent assets of discontinued operations⁽¹⁾	259,167
Total assets of discontinued operations	$	369,215

LIABILITIES
Accounts payable	$	18,341
Accrued expenses and other current liabilities	4,675
Current portion of long-term debt	8,687
Total current liabilities of discontinued operations⁽¹⁾	31,703
Deferred tax liabilities	17,153
Other noncurrent liabilities	208
Total noncurrent liabilities of discontinued operations⁽¹⁾	17,361
Total liabilities of discontinued operations⁽¹⁾	$	49,064

(1) Assets and liabilities from discontinued operations were classified as current and noncurrent at June 30, 2019 as they did not meet the held-for-sale criteria.

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

Business	3 Months Ended
Business	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	BUSINESS The Hain Celestial Group, Inc., a Delaware corporation (collectively, along with its subsidiaries, the “Company,” and herein referred to as “Hain Celestial,” “we,” “us” and “our”), was founded in 1993 and is headquartered in Lake Success, New York. The Company’s mission has continued to evolve since its founding, with health and wellness being the core tenet — To Create and Inspire A Healthier Way of Life^TM and be the leading marketer, manufacturer and seller of organic and natural, “better-for-you” products by anticipating and exceeding consumer expectations in providing quality, innovation, value and convenience. The Company is committed to growing sustainably while continuing to implement environmentally sound business practices and manufacturing processes. Hain Celestial sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and club, drug and convenience stores in over 70 countries worldwide. The Company manufactures, markets, distributes and sells organic and natural products under brand names that are sold as “better-for-you” products, providing consumers with the opportunity to lead A Healthier Way of Life™. Hain Celestial is a leader in many organic and natural products categories, with many recognized brands in the various market categories it serves, including Almond Dream^®, Bearitos^®, Better Bean^®, BluePrint^®, Casbah^®, Celestial Seasonings^®, Clarks™, Coconut Dream^®, Cully & Sully^®, Danival^®, DeBoles^®, Earth’s Best^®, Ella’s Kitchen^®, Europe’s Best^®, Farmhouse Fare™, Frank Cooper’s^®, Gale’s^®, Garden of Eatin’^®, GG UniqueFiber^®, Hain Pure Foods^®, Hartley’s^®, Health Valley^®, Imagine^®, Johnson’s Juice Co.™, Joya^®, Lima^®, Linda McCartney^® (under license), MaraNatha^®, Mary Berry (under license), Natumi^®, New Covent Garden Soup Co.^®, Orchard House^®, Rice Dream^®, Robertson’s^®, Rudi’s Gluten-Free Bakery™, Rudi’s Organic Bakery^®, Sensible Portions^®, Spectrum^®Organics, Soy Dream^®, Sun-Pat^®, Sunripe^®, Terra^®, The Greek Gods^®, Walnut Acres^®, Yorkshire Provender^®, Yves Veggie Cuisine^®and William’s™. The Company’s personal care products are marketed under the Alba Botanica^®, Avalon Organics^®, Earth’s Best^®, JASON^®, Live Clean^® and Queen Helene^® brands. The Company’s strategy is to focus on simplifying the Company’s portfolio and reinvigorating profitable sales growth through discontinuing uneconomic investment, realigning resources to coincide with individual brand roles, reducing unproductive stock-keeping units (“SKUs”) and brands, and reassessing current pricing architecture. As part of this initiative, the Company reviewed its product portfolio within North America and divided it into “Get Bigger” and “Get Better” brand categories. The Company’s “Get Bigger” brands represent its strongest brands with higher margins, which compete in categories with strong growth. In order to capitalize on the potential of these brands, the Company began reallocating resources to optimize assortment and increase share of distribution. In addition, the Company will increase its marketing and innovation investments. The Company’s “Get Better” brands are the brands in which the Company is primarily focused on simplification and expansion of profit. Some of these are low margin, non-strategic brands that add complexity with minimal benefit to the Company’s operations. Accordingly, in fiscal 2019, the Company initiated a SKU rationalization, which included the elimination of approximately 350 low velocity SKUs. The elimination of these SKUs is expected to impact sales growth in the current fiscal year, but is expected to result in expanded profits and a remaining set of core SKUs that will maintain their shelf space in the store. As part of the Company’s overall strategy, the Company may seek to dispose of businesses and brands that are less profitable or are otherwise less of a strategic fit within our core portfolio. Accordingly, the Company divested of all of its operations of the Hain Pure Protein reportable segment and WestSoy® tofu, seitan and tempeh businesses in the United States in fiscal 2019, the entities comprising its Tilda operating segment and certain other assets of the Tilda business on August 27, 2019 and its Arrowhead Mills® and SunSpire® brands in October 2019. Productivity and Transformation Costs As part of the Company’s historical strategic review, it focused on a productivity initiative, which it called “Project Terra.” A key component of this project was the identification of global cost savings and the removal of complexity from the business. This review has included and continues to include streamlining the Company’s manufacturing plants, co-packers and supply chain, eliminating served categories or brands within those categories, and product rationalization initiatives which are aimed at eliminating slow moving SKUs. In fiscal 2019, the Company announced a new transformation initiative, of which one aspect is to identify additional areas of productivity savings to support sustainable profitable performance. Productivity and Transformation Costs include costs associated with these initiatives, which primarily include consulting and severance costs, as well as costs to dispose of businesses and brands that are less profitable or are otherwise less of a strategic fit within our core portfolio. Discontinued Operations On August 27, 2019, the Company and Ebro Foods S.A. (the “Purchaser”) entered into, and consummated the transactions contemplated by, an Agreement relating to the sale and purchase of the Tilda Group Entities and certain other assets (the “Sale and Purchase Agreement”). Under the Sale and Purchase Agreement, the Company sold the entities comprising its Tilda operating segment (the “Tilda Group Entities”) and certain other assets of the Tilda business to the Purchaser for an aggregate price of $342,000 in cash, subject to customary post-closing adjustments based on the balance sheets of the Tilda business. The other assets sold in the transaction consisted of raw materials, consumables, packaging, and finished and unfinished goods related to the Tilda business held by other Company entities that are not Tilda Group Entities. This disposition represented a strategic shift that had a major impact on the Company’s operations and financial results and has been accounted for as discontinued operations. On February 15, 2019, the Company completed the sale of substantially all of the assets used primarily for the Plainville Farms business, a component of the Company’s Hain Pure Protein Corporation (“HPPC”) operating segment. On June 28, 2019, the Company completed the sale of the remainder of HPPC and Empire Kosher which included the FreeBird and Empire Kosher businesses. These dispositions were undertaken to reduce complexity in the Company’s operations and simplify the Company’s brand portfolio, in addition to allowing additional flexibility to focus on opportunities for growth and innovation in the Company’s more profitable and faster growing core businesses. Collectively, these dispositions which were reported in the aggregate as the Hain Pure Protein reportable segment represented a strategic shift that had a major impact on the Company’s operations and financial results and have been accounted for as discontinued operations. The Company is presenting the operating results and cash flows of the Tilda operating segment and the Hain Pure Protein reportable segment within discontinued operations in the current and prior periods. The assets and liabilities of the Tilda operating segment are presented as assets and liabilities of discontinued operations in the Consolidated Balance Sheets for all periods presented. See Note 5, Discontinued Operations, for additional information. Change in Reportable Segments Historically, the Company had three reportable segments: United States, United Kingdom and Rest of World. Effective July 1, 2019, the Company reassessed its segment reporting structure due to changes in how the Company’s Chief Executive Officer (“CEO”), who is the chief operating decision maker, assesses the Company’s performance and allocates resources as a result of a change in the Company’s strategy, which includes creating synergies among the Company’s United States and Canada businesses, as well as among the Company’s international businesses in the United Kingdom and Europe. As a result, the Canada and Hain Ventures operating segment, which were included within the Rest of World reportable segment, were moved to the United States reportable segment and renamed the North America reportable segment. Additionally, the Europe operating segment, which was included in the Rest of World reportable segment, was combined with the United Kingdom reportable segment and renamed the International reportable segment. Accordingly, the Company now operates under two reportable segments: North America and International. Prior period segment information contained herein has been adjusted to reflect the Company’s new operating and reporting structure.

Chief Executive Officer Succession Plan	3 Months Ended
Chief Executive Officer Succession Plan	Sep. 30, 2019
Compensation Related Costs [Abstract]
Chief Executive Officer Succession Plan	CHIEF EXECUTIVE OFFICER SUCCESSION PLAN On June 24, 2018, the Company entered into a CEO succession plan, whereby the Company’s former CEO, Irwin D. Simon, agreed to terminate his employment with the Company upon the hiring of a new CEO (the “Succession Agreement”). The Succession Agreement provided Mr. Simon with a cash separation payment of $34,295 payable in a single lump sum and cash benefits continuation costs of $208. These costs were recognized from June 24, 2018 through November 4, 2018, at which time the Company’s new CEO, Mr. Schiller, commenced his employment. Expense recognized in connection with these payments was $23,971 in the three months ended September 30, 2018. The cash separation payment was paid on May 6, 2019. Additionally, the Succession Agreement allowed for acceleration of vesting of all service-based awards outstanding at the termination of Mr. Simon’s employment. In connection with these accelerations, the Company recognized additional stock-based compensation expense of $470 ratably through November 4, 2018, of which $312 was recognized in the three months ended September 30, 2018 in the Consolidated Statement of Operations. As further discussed in Note 13, Stock-based Compensation and Incentive Performance Plans, in the three months ended September 30, 2018, the Company’s Compensation Committee determined that no awards would be paid or vested pursuant to the 2016-2018 LTIP. Accordingly, the Company recorded a benefit of $5,065 associated with the reversal of previously accrued amounts under the net sales portion of the 2016-2018 LTIP associated with Mr. Simon. The aforementioned impacts were recorded in Chief Executive Officer Succession Plan expense, net on the Consolidated Statement of Operations.

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Sep. 30, 2018
Income Tax [Line Items]
Effective income tax rate reconciliation	10.30%	30.30%
Provision (benefit) for income taxes	$ 15,307	$ (4,685)
Tilda [Member] \| Disposed of by Sale [Member]
Income Tax [Line Items]
Provision (benefit) for income taxes	15,700	$ 483
Tax expense from tax gain on sale	$ 16,500

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References + Details

Discontinued Operations (Balance Sheet) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
ASSETS
Total current assets	$ 0	$ 110,048
Total noncurrent assets of discontinued operations	0	259,167
LIABILITIES
Total current liabilities of discontinued operations	0	31,703
Total noncurrent liabilities of discontinued operations	$ 0	17,361
Tilda [Member] \| Disposed of by Sale [Member]
ASSETS
Cash and cash equivalents		8,509
Accounts receivable, less allowance for doubtful accounts		26,955
Inventories		65,546
Prepaid expenses and other current assets		9,038
Total current assets		110,048
Property, plant and equipment, net		40,516
Goodwill		133,098
Trademarks and other intangible assets, net		84,925
Other assets		628
Total noncurrent assets of discontinued operations		259,167
Total assets of discontinued operations		369,215
LIABILITIES
Accounts payable		18,341
Accrued expenses and other current liabilities		4,675
Current portion of long-term debt		8,687
Total current liabilities of discontinued operations		31,703
Deferred tax liabilities		17,153
Other noncurrent liabilities		208
Total noncurrent liabilities of discontinued operations		17,361
Total liabilities of discontinued operations		$ 49,064

Inventories (Tables)

3 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Components Of Inventories

Inventories consisted of the following:



	September 30, 2019		June 30, 2019
Finished goods	$	208,132	$	200,487
Raw materials, work-in-progress and packaging	93,219		98,854
	$	301,351	$	299,341

Debt And Borrowings (Components Of Debt) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Line of Credit Facility [Line Items]
Less: Unamortized issuance costs	$ 0	$ (1,022)
Other borrowings	4,646	4,966
Long-term debt	325,609	630,769
Short-term borrowings and current portion of long-term debt	2,223	17,232
Long-term debt, less current portion	323,386	613,537
Credit Agreement [Member] \| Unsecured revolving credit facility [Member]
Line of Credit Facility [Line Items]
Line of credit		420,575
Term Loan [Member] \| Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 0	$ 206,250

Earnings (Loss) Per Share (Tables)

3 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted net loss per share:



	Three Months Ended September 30,
	2019			2018
Numerator:
Net loss from continuing operations	$	(4,953	)	$	(23,087	)
Net loss from discontinued operations, net of tax	(102,068		)	(14,338		)
Net loss	$	(107,021	)	$	(37,425	)

Denominator:
Basic weighted average shares outstanding	104,225			103,962
Effect of dilutive stock options, unvested restricted stock and unvested restricted share units	—			—
Diluted weighted average shares outstanding	104,225			103,962

Basic net loss per common share:
Continuing operations	$	(0.05	)	$	(0.22	)
Discontinued operations	(0.98		)	(0.14		)
Basic net loss per common share	$	(1.03	)	$	(0.36	)

Diluted net loss per common share:
Continuing operations	$	(0.05	)	$	(0.22	)
Discontinued operations	(0.98		)	(0.14		)
Diluted net loss per common share	$	(1.03	)	$	(0.36	)

Consolidated Statement Of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Jun. 30, 2018	$ 1,737,049	$ 1,084	$ 1,148,196	$ 878,516	$ (106,507)	$ (184,240)
Balance, shares at Jun. 30, 2018		108,422			4,470
Increase (Decrease) in Stockholders' Equity
Net income	(37,425)			(37,425)
Other comprehensive income (loss)	(13,519)					(13,519)
Issuance of common stock pursuant to stock-based compensation plans	0	$ 1	(1)
Issuance of common stock pursuant to stock-based compensation plans, shares		85
Shares withheld for payment of employee payroll taxes due on shares issued under stock-based compensation plans	(979)				$ (979)
Shares withheld for payment of employee payroll taxes due on shares issued under stock based compensation plans, shares					35
Stock-based compensation expense	135		135
Balance at Sep. 30, 2018	1,685,424	$ 1,085	1,148,330	840,906	$ (107,486)	(197,411)
Balance, shares at Sep. 30, 2018		108,507			4,505
Balance at Jun. 30, 2019	$ 1,519,319	$ 1,088	1,158,257	695,017	$ (110,039)	(225,004)
Balance, shares at Jun. 30, 2019	108,833	108,833			4,614
Increase (Decrease) in Stockholders' Equity
Net income	$ (107,021)			(107,021)
Other comprehensive income (loss)	56,110					56,110
Other comprehensive income (loss) \| ASU 2016-02 [Member]	56,110
Issuance of common stock pursuant to stock-based compensation plans	0	$ 1	(1)
Issuance of common stock pursuant to stock-based compensation plans, shares		40
Shares withheld for payment of employee payroll taxes due on shares issued under stock-based compensation plans	(312)				$ (312)
Shares withheld for payment of employee payroll taxes due on shares issued under stock based compensation plans, shares					17
Stock-based compensation expense	3,281		3,281
Balance at Sep. 30, 2019	$ 1,470,938	$ 1,089	$ 1,161,537	$ 587,557	$ (110,351)	$ (168,894)
Balance, shares at Sep. 30, 2019	108,873	108,873			4,631

Chief Executive Officer Succession Plan (Details) - USD ($) $ in Thousands	3 Months Ended		4 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Nov. 04, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 470
Long Term Incentive Plan 2016-2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts		$ 6,482
Chief Executive Officer Succession Plan expense, net
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 0	312
Chief Executive Officer Succession Plan expense, net \| Long Term Incentive Plan 2016-2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts		5,065
CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash separation payment		$ 23,971	34,295
Continuation costs			$ 208

Goodwill And Other Intangible Assets (Tables)

3 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes In Carrying Amount Of Goodwill

The following table shows the changes in the carrying amount of goodwill by business segment:



	North America			International			Total
Balance as of June 30, 2019 ^(a)	$	612,590		$	263,291		$	875,881
Translation and other adjustments, net	(279		)	(8,531		)	(8,810		)
Balance as of September 30, 2019^(a)	$	612,311		$	254,760		$	867,071

Components Of Trademarks And Other Intangible Assets

The following table sets forth Consolidated Balance Sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:



	September 30, 2019			June 30, 2019
Non-amortized intangible assets:
Trademarks and tradenames ^(a)	$	286,848		$	291,199
Amortized intangible assets:
Other intangibles	199,783			204,630
Less: accumulated amortization	(116,252		)	(115,543		)
Net carrying amount	$	370,379		$	380,286

(a) The gross carrying value of trademarks and tradenames is reflected net of $83,734 of accumulated impairment charges.

Finite-lived Intangible Assets Amortization Expense

Amortization expense included in continuing operations was as follows:



	Three Months Ended September 30,
	2019		2018
Amortization of acquired intangibles	$	3,083	$	3,359

Earnings (Loss) Per Share (Narrative) (Details) - USD ($) shares in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 21, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Authorized amount			$ 250,000,000
Remaining authorized repurchase amount	$ 250,000,000
Stock Based Awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	2,910	267
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	677	317
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	109	112

Stock-Based Compensation And Incentive Performance Plans (Restricted Stock Grant Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense	$ 17,622
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of restricted stock and restricted share units granted	59	$ 148
Fair value of shares vested	770	2,492
Tax benefit recognized from restricted shares vesting	$ 59	$ 620
Period for recognition	1 year 10 months 24 days

Financial Instruments Measured At Fair Value (Tables)

3 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents by level within the fair value hierarchy assets and liabilities measured at fair value on a recurring basis as of September 30, 2019:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Forward foreign currency contracts	$	34	$	—	$	34	$	—
Equity investment	601		601		—		—
Total	$	635	$	601	$	34	$	—
Liabilities:
Forward foreign currency contracts	$	203	$	—	$	203	$	—
Total	$	203	$	—	$	203	$	—

The following table presents by level within the fair value hierarchy assets and liabilities measured at fair value on a recurring basis as of June 30, 2019:



	Total		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:
Cash equivalents	$	44	$	44	$	—	$	—
Forward foreign currency contracts	626		—		626		—
Equity investments	621		621		—		—
Total	$	1,291	$	665	$	626	$	—
Liabilities:
Forward foreign currency contracts	$	103	$	—	$	103	$	—
Total	$	103	$	—	$	103	$	—

Leases (Other Information) (Details) $ in Thousands	3 Months Ended
Leases (Other Information) (Details) $ in Thousands	Sep. 30, 2019 USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 3,735
Operating cash flows from finance leases	6
Financing cash flows from finance leases	119
Right-of-use assets obtained in exchange for lease obligations, Operating leases	86,213
Right-of-use assets obtained in exchange for lease obligations, Finance leases	$ 948
Weighted average remaining lease terms, Operating leases	8 years 10 months 24 days
Weighted average remaining lease terms, Finance leases	2 years 3 months 18 days
Weighted average discount rates, Operating leases	3.20%
Weighted average discount rates, Finance leases	2.20%

(Stock Plans Narrative) (Details) $ in Thousands	3 Months Ended		12 Months Ended
(Stock Plans Narrative) (Details) $ in Thousands	Sep. 30, 2019 USD ($) plan shares	Sep. 30, 2018 USD ($)	Jun. 30, 2019 shares	Jun. 30, 2015 shares	Nov. 30, 2012 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shareholder-approved plans \| plan	1
Options outstanding (in shares)	122,000		122,000
Options exercisable at year end (in shares)	122,000
Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for issuance (in shares)				31,500,000
Awards denominated in shares of common stock other than options and stock appreciation rights, value again available share limit	2.07
Expiration period			7 years
Options outstanding (in shares)			0
Long Term Incentive Plan \| Before Amendments
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for issuance (in shares)					3,200,000
Long Term Incentive Plan 2017-2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reversal of previously accrued amounts \| $	$ 1,867	$ 1,129

Basis Of Presentation	3 Months Ended
Basis Of Presentation	Sep. 30, 2019
Accounting Policies [Abstract]
Basis Of Presentation	BASIS OF PRESENTATION The Company’s unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP. The amounts as of and for the periods ended June 30, 2019 are derived from the Company’s audited annual financial statements. The unaudited consolidated financial statements reflect all normal recurring adjustments which, in management’s opinion, are necessary for a fair presentation for interim periods. Operating results for the three months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2020. Please refer to the Notes to the Consolidated Financial Statements as of June 30, 2019 and for the fiscal year then ended included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019 (the “Form 10-K”) for information not included in these condensed notes. All amounts in the unaudited consolidated financial statements, notes and tables have been rounded to the nearest thousand, except par values and per share amounts, unless otherwise indicated. Newly Adopted Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The amendments in this ASU replace most of the existing U.S. GAAP lease accounting guidance in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The Company adopted the standard as of July 1, 2019, using a modified retrospective approach. Except for the accounting policy for leases appearing below, implemented as a result of adopting Topic 842, there have been no material changes in our significant accounting policies during the three months ended September 30, 2019, as compared to the significant accounting policies described in Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements as of June 30, 2019 and for the fiscal year then ended included in the Form 10-K. Under Topic 842, we determine if an arrangement is a lease at inception. Operating lease assets are presented as operating lease right of use (“ROU”) assets, and corresponding operating lease liabilities are presented within accrued expenses and other current liabilities (current portions), and as operating lease liabilities, noncurrent portion, on our Consolidated Balance Sheet. Finance lease assets are included in property and equipment, net and corresponding finance lease liabilities are included within current portion of long-term debt and long-term debt, less current portion, on our Consolidated Balance Sheet. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the remaining lease payments over the lease term at commencement date. Our leases do not provide an implicit interest rate. We calculate the incremental borrowing rate to reflect the interest rate that we would have to pay to borrow on a fully collateralized basis an amount equal to the lease payments in a similar economic environment over a similar term. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. The Company has elected to separate lease and non-lease components. Additionally, some of the Company’s leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index updates are recorded as variable lease expense in the period incurred. The Company has elected not to recognize ROU assets and lease liabilities for short-term leases that have a term of 12 months or less and has elected to utilize the practical expedient permitted under the transition guidance of not reassessing whether existing contracts contain leases and carrying forward the historical classification of leases. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. In addition, the Company does not have any related party leases and sublease transactions are de minimis. Adoption of the new standard resulted in the recording of operating lease ROU assets and lease liabilities as of July 1, 2019 of $89,475 and $94,997, respectively, with the difference largely due to prepaid and deferred rent that were reclassified to the ROU asset value. In addition, the Company recorded a cumulative-effect adjustment to opening retained earnings of $439 for the impairment of an abandoned ROU asset at the effective date for a manufacturing facility in the United Kingdom that was previously impaired and the remaining lease payments were accounted for under ASC Topic 420, Exit or Disposal Obligations. The standard did not materially affect the Company’s consolidated net income or cash flows. See Note 8, Leases, for further details. Recently Issued Accounting Pronouncements Not Yet Effective In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments," which requires measurement and recognition of expected versus incurred credit losses for most financial assets. The new guidance is effective for interim and annual periods beginning after December 15, 2019. The Company is currently assessing the impact that this standard will have on its consolidated financial statements. Refer to Note 2, Summary of Significant Accounting Policies and Practices, in the Notes to the Consolidated Financial Statements as of June 30, 2019 and for the fiscal year then ended included in the Form 10-K for a detailed discussion on additional recently issued accounting pronouncements not yet adopted by the Company. There has been no change to the statements made in the Form 10-K as of the date of filing of this Form 10-Q.

Segment Information (Tables)

3 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables set forth financial information about each of the Company’s reportable segments. Transactions between reportable segments were insignificant for all periods presented.



	Three Months Ended September 30,
	2019			2018
Net Sales:
North America	$	271,701		$	291,191
International	210,375			227,287
	$	482,076		$	518,478

Operating Income/(Loss):
North America	$	15,132		$	4,506
International	9,107			5,660
	24,239			10,166
Corporate and Other ^(a)	(21,784		)	(38,130		)
	$	2,455		$	(27,964	)

Schedule of Long-lived Assets

The Company’s long-lived assets, which primarily represent net property, plant and equipment, by geographic area were as follows:



	September 30, 2019		June 30, 2019
United States	$	119,050	$	115,866
United Kingdom	130,629		132,876
All Other	84,072		87,277
Total	$	333,751	$	336,019

Net Sales Geographic Area

The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiaries, were as follows:



	Three Months Ended September 30,
	2019		2018
United States	$	236,334	$	254,942
United Kingdom	161,581		179,436
All Other	84,161		84,100
Total	$	482,076	$	518,478

Financial Instruments Measured At Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Assets:
Cash equivalents		$ 44
Forward foreign currency contracts	$ 34	626
Equity investment	601	621
Assets total	635	1,291
Liabilities:
Forward foreign currency contracts	203	103
Liabilities total	203	103
Quoted Prices In Active Markets (Level 1) [Member]
Assets:
Cash equivalents		44
Forward foreign currency contracts	0	0
Equity investment	601	621
Assets total	601	665
Liabilities:
Forward foreign currency contracts	0	0
Liabilities total	0	0
Significant Other Observable Inputs (Level 2) [Member]
Assets:
Cash equivalents		0
Forward foreign currency contracts	34	626
Equity investment	0	0
Assets total	34	626
Liabilities:
Forward foreign currency contracts	203	103
Liabilities total	203	103
Significant Unobservable Inputs (Level 3) [Member]
Assets:
Cash equivalents		0
Forward foreign currency contracts	0	0
Equity investment	0	0
Assets total	0	0
Liabilities:
Forward foreign currency contracts	0	0
Liabilities total	$ 0	$ 0

Stock-Based Compensation And Incentive Performance Plans (Non-Vested Restricted Stock And Restricted Share Unit Awards) (Details) - Restricted Stock [Member] shares in Thousands	3 Months Ended
	Sep. 30, 2019 $ / shares shares
Number of Shares and Units
Non-vested restricted stock, restricted share units, and performance units, beginning balance (shares) \| shares	4,360
Granted (shares) \| shares	3
Vested (shares) \| shares	(40)
Forfeited (shares) \| shares	(759)
Non-vested restricted stock, restricted share units, and performance units, ending balance (shares) \| shares	3,564
Weighted Average Grant Date Fair Value (per share)
Non-vested restricted stock, restricted share units, and performance units beginning balance (USD per share) \| $ / shares	$ 7.92
Granted (USD per share) \| $ / shares	21.41
Vested (USD per share) \| $ / shares	24.68
Forfeited (USD per share) \| $ / shares	6.18
Non-vested restricted stock, restricted share units, and performance units ending balance (USD per share) \| $ / shares	$ 8.12

Property, Plant And Equipment, Net (Tables)

3 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment, Net

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



	September 30, 2019		June 30, 2019
Land	$	14,012	$	14,240
Buildings and improvements	82,124		83,151
Machinery and equipment	289,363		274,554
Computer hardware and software	57,412		48,984
Furniture and fixtures	18,141		17,325
Leasehold improvements	40,738		32,264
Construction in progress	8,979		35,786
	510,769		506,304
Less: Accumulated depreciation and amortization	222,665		218,459
	$	288,104	$	287,845

Earnings (Loss) Per Share

3 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of basic and diluted net loss per share:



	Three Months Ended September 30,
	2019			2018
Numerator:
Net loss from continuing operations	$	(4,953	)	$	(23,087	)
Net loss from discontinued operations, net of tax	(102,068		)	(14,338		)
Net loss	$	(107,021	)	$	(37,425	)

Denominator:
Basic weighted average shares outstanding	104,225			103,962
Effect of dilutive stock options, unvested restricted stock and unvested restricted share units	—			—
Diluted weighted average shares outstanding	104,225			103,962

Basic net loss per common share:
Continuing operations	$	(0.05	)	$	(0.22	)
Discontinued operations	(0.98		)	(0.14		)
Basic net loss per common share	$	(1.03	)	$	(0.36	)

Diluted net loss per common share:
Continuing operations	$	(0.05	)	$	(0.22	)
Discontinued operations	(0.98		)	(0.14		)
Diluted net loss per common share	$	(1.03	)	$	(0.36	)

Basic net loss per share excludes the dilutive effects of stock options, unvested restricted stock and unvested restricted share units.

Due to our net losses in the three months ended September 30, 2019 and 2018, all common stock equivalents such as stock options and unvested restricted stock awards have been excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive to the computations in each period.

There were 2,910 and 267 stock-based awards excluded from our diluted net loss per share calculations for the three months ended September 30, 2019 and 2018, respectively, as such awards were contingently issuable based on market or performance conditions, and such conditions had not been achieved during the respective periods.

There were 677 and 317 restricted stock awards excluded from our diluted net loss per share calculation for the three months ended September 30, 2019 and 2018, respectively, as such awards were anti-dilutive.

There were 109 and 112 potential shares of common stock issuable upon exercise of stock options excluded from our diluted net loss per share calculation for the three months ended September 30, 2019 and 2018, respectively, as they were anti-dilutive due to the net loss recorded in the period.

Share Repurchase Program

On June 21, 2017, the Company's Board of Directors authorized the repurchase of up to $250,000 of the Company’s issued and outstanding common stock. Repurchases may be made from time to time in the open market, pursuant to pre-set trading plans, in private transactions or otherwise. The authorization does not have a stated expiration date. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations, including the Company’s historical strategy of pursuing accretive acquisitions. As of September 30, 2019, the Company had not repurchased any shares under this program and had $250,000 of remaining capacity under the share repurchase program.

Discontinued Operations (Narrative) (Details) - USD ($)				3 Months Ended
Discontinued Operations (Narrative) (Details) - USD ($)	Aug. 27, 2019	Jun. 28, 2019	Feb. 15, 2019	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Tilda [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture	$ 342,000,000
Assets of discontinued operations						$ 369,215,000
Liabilities of discontinued operations						49,064,000
Hain Pure Protein [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of discontinued operations				$ 0		0
Liabilities of discontinued operations				0		0
Plainville Farms [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture			$ 25,000,000
Letter of credit						$ 10,000,000
Expiration period			19 months
Percent of maximum draw			120.00%
HPPC and EK Holdings [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture		$ 77,714,000
Foreign currency translation adjustments [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amounts reclassified into income				95,120,000	$ 0
Foreign currency translation adjustments [Member] \| Tilda [Member] \| Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amounts reclassified into income				$ 95,120,000

Segment Information (Segment Data) (Details) $ in Thousands	3 Months Ended		12 Months Ended
Segment Information (Segment Data) (Details) $ in Thousands	Sep. 30, 2019 USD ($) segment	Sep. 30, 2018 USD ($)	Jun. 30, 2019 segment
Segment Reporting Information [Line Items]
Number of operating segments \| segment			7
Number of reportable segments \| segment	2		3
Net sales	$ 482,076	$ 518,478
Operating Income	2,455	(27,964)
Productivity and transformation costs	14,175	10,333
Chief Executive Officer Succession Plan expense, net	0	19,553
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	482,076	518,478
Operating Income	24,239	10,166
Operating Segments [Member] \| North America [Member]
Segment Reporting Information [Line Items]
Net sales	271,701	291,191
Operating Income	15,132	4,506
Operating Segments [Member] \| International [Member]
Segment Reporting Information [Line Items]
Net sales	210,375	227,287
Operating Income	9,107	5,660
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operating Income	(21,784)	(38,130)
Productivity and transformation costs	10,735	7,977
Insurance proceeds from accounting review	$ (2,562)
Chief Executive Officer Succession Plan expense, net		19,553
Accounting review and remediation costs, net of insurance proceeds		$ 3,414