Quarterly report pursuant to Section 13 or 15(d)

Other Income / (Expense)

Other Income / (Expense)

9 Months Ended

Mar. 31, 2024

Note 11. Other Income / (Expense):

The components of other income (expense) in the accompanying Statement of Earnings and Comprehensive Income are as follows (in thousands):


	Quarter Ended					Nine Months Ended
	March 31,					March 31,
	2024		2023		2024		2023
Interest expense	$	(4,005)	$	(1,367)	$	(13,227)	$	(7,513)
Interest income		712		974		2,418		2,375
Gain (loss) on investment⁽¹⁾		—		314		283		50,009
Gain (loss) on equity method investment		(1,747)		—		(5,950)		—
Other non-operating income (expense), net		(874)		64		(359)		1,053
Total other income (expense)	$	(5,914)	$	(15)	$	(16,835)	$	45,924

⁽¹⁾Primarily due to a $0.3 million gain on the sale of our exchange traded investment grade bond funds during the nine months ended March 31, 2024 compared to a $37.2 million gain on the sale of our ChemoCentryx investment and a $11.7 million gain on the sale of Eminence in the nine months ended March 31, 2023.