Annual report pursuant to Section 13 and 15(d)

Other Income / (Expense)

Other Income / (Expense)

12 Months Ended

Jun. 30, 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):



	Year Ended June 30,
	2024		2023		2022
Interest expense	$	(15,736)	$	(11,215)	$	(11,309)
Interest income		3,323		3,410		794
Gain (loss) on investment⁽¹⁾		283		49,328		15,186
Gain (loss) on equity method investment		(6,841)		(1,143)		—
Other non-operating income (expense), net		(2,026)		(665)		125
Total other income (expense)	$	(20,997)	$	39,715	$	4,796

⁽¹⁾For the year ended June 30, 2024, this is for a $0.3 million gain on the sale of our exchange trade investment grade bond funds. For the year ended June 30, 2023, this is for a $37.2 million gain on the sale of our CCXI investment, a $11.7 million gain on the sale of Eminence, and a gain of $0.4 million related to the change in fair value of our exchange traded bond funds. For the year ended June 30, 2022, this is for a $16.1 million gain in the fair value of our CCXI investment.