Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 878

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 2
Chunk 878
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59,741  $42,875  $8,046  $305,246 
 Accumulated amortization   (45,201)  -   (26,358)  (7,930)  (79,489)
 Balance, June 30, 2025  $149,383  $59,741  $16,517  $116  $225,757 
                     
 June 30, 2024                     
 Cost  $67,819  $26,121  $39,023  $3,091  $136,054 
 Accumulated amortization   (33,479)  -   (20,905)  (2,997)  (57,381)
 Balance, June 30, 2024  $34,340  $26,121  $18,118  $94  $78,673 

   Amortization expense from continuing operations totaled $14.6 million, $8.2 million, and $8.6 million, respectively for the years ended  June 30, 2025, 2024, and 2023.

       44

   At  June 30, 2025, aggregate amortization expense is estimated to be (in thousands):

     2026  $18,200 
 2027   17,454 
 2028   15,726 
 2029   15,595 
 2030   15,472 
 Thereafter   83,569 
 Total  $166,016 

   8. Debt
    
   Long-term debt is comprised of the following at  June 30 (in thousands):

       2025    2024  
 Bank credit agreements  $553,203  $150,000 
 Total funded debt   553,203   150,000 
 Issuance cost   (688)  (1,124)
 Total long-term debt  $552,515  $148,876 

   The Company's long-term debt matures in  February 2028. 
    
   During the third quarter of fiscal year 2023, the Company entered into a Third Amended & Restated Credit Agreement which renewed the existing Credit