Farmer Bros. (FARM) 10-Q 7 Feb 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2019	Jan. 31, 2020
Document Documentand Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2019
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Entity Registrant Name	FARMER BROTHERS CO
Entity Central Index Key	0000034563
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		17,151,510
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Interactive Data Current	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 9,130	$ 6,983
Accounts receivable, net	60,404	55,155
Inventories	85,134	87,910
Income tax receivable	1,631	1,191
Short-term derivative assets	9,051	1,865
Prepaid expenses	5,820	6,804
Total current assets	171,170	159,908
Property, plant and equipment, net	171,983	189,458
Goodwill	36,224	36,224
Intangible assets, net	27,673	28,878
Other assets	9,520	9,468
Long-term derivatives assets	443	674
Right-of-use operating lease assets	19,696	0
Total assets	436,709	424,610
Current liabilities:
Accounts payable	59,828	72,771
Accrued payroll expenses	16,021	14,518
Operating leases liabilities - current	5,571	0
Short-term derivative liabilities	368	1,474
Other current liabilities	7,982	7,309
Total current liabilities	89,770	96,072
Long-term borrowings under revolving credit facility	70,000	92,000
Accrued pension liabilities	45,717	47,216
Accrued postretirement benefits	22,597	23,024
Accrued workers’ compensation liabilities	5,000	4,747
Operating lease liabilities - noncurrent	14,318	0
Other long-term liabilities	3,147	4,057
Total liabilities	250,549	267,116
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $1.00 par value, 500,000 shares authorized; Series A Convertible Participating Cumulative Perpetual Preferred Stock, 21,000 shares authorized; 14,700 shares issued and outstanding as of December 31, 2019 and June 30, 2019; liquidation preference of $15,899 and $15,624 as of December 31, 2019 and June 30, 2019, respectively	15	15
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,177,448 and 17,042,132 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively	17,180	17,042
Additional paid-in capital	59,663	57,912
Retained earnings	158,310	146,177
Accumulated other comprehensive loss	(49,008)	(63,652)
Total stockholders’ equity	186,160	157,494
Total liabilities and stockholders’ equity	$ 436,709	$ 424,610

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Net sales	$ 152,498	$ 159,773	$ 291,098	$ 307,213
Cost of goods sold	108,513	106,529	206,472	205,734
Gross profit	43,985	53,244	84,626	101,479
Selling expenses	34,906	39,591	68,520	76,901
General and administrative expenses	11,266	12,140	24,006	20,757
Restructuring and other transition expenses	0	207	0	4,674
Net (gains) losses from sales of assets	(11,057)	804	(23,662)	723
Operating expenses	35,115	52,742	68,864	103,055
Income (loss) from operations	8,870	502	15,762	(1,576)
Other (expense) income:
Interest expense	(2,859)	(3,332)	(5,407)	(6,184)
Pension settlement charge	0	(10,948)	0	(10,948)
Other, net	1,662	953	1,865	1,610
Total other expense	(1,197)	(13,327)	(3,542)	(15,522)
Income (loss) before taxes	7,673	(12,825)	12,220	(17,098)
Income tax benefit	(81)	(2,725)	(188)	(4,012)
Net income (loss)	7,754	(10,100)	12,408	(13,086)
Less: Cumulative preferred dividends, undeclared and unpaid	138	134	275	266
Net earnings (loss) available to common stockholders	$ 7,616	$ (10,234)	$ 12,133	$ (13,352)
Net income (loss) per common share - basic (in US$ per share)	$ 0.44	$ (0.60)	$ 0.71	$ (0.79)
Net income (loss) per common share - diluted (in US$ per share)	$ 0.43	$ (0.60)	$ 0.69	$ (0.79)
Weighted average common shares outstanding - basic (in shares)	17,159,108	16,985,157	17,127,153	16,971,995
Weighted average common shares outstanding—diluted (in shares)	17,583,335	16,985,157	17,550,144	16,971,995

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Preferred stock, par value (in US$ per share)	$ 1	$ 1
Preferred Stock, Shares Authorized (in shares)	500,000	500,000
Liquidation preference	$ 15,899	$ 15,624
Common stock, par value (in US$ per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	17,177,448	17,042,132
Common stock, shares outstanding (in shares)	17,177,448	17,042,132
Cumulative Preferred Stock
Preferred Stock, Shares Authorized (in shares)	21,000	21,000
Preferred stock, issued (in shares)	14,700	14,700

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 7,754	$ (10,100)	$ 12,408	$ (13,086)
Other comprehensive (loss) income, net of tax:
Unrealized gains (losses) on derivative instruments designated as cash flow hedges, net of tax	11,284	748	7,395	(5,349)
Losses on derivative instruments designated as cash flow hedges reclassified to cost of goods sold and interest expense, net of tax	4,661	1,650	7,249	3,110
Change in funded status of retiree benefit obligations, net of tax	0	5,651	0	5,651
Pension settlement charge, net of tax	0	8,147	0	8,147
Total comprehensive income (loss), net of tax	$ 23,699	$ (5,206)	$ 27,052	$ (12,829)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Shares	Common Stock	Additional Paid-in Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Jun. 30, 2018		14,700	16,951,659
Beginning Balance at Jun. 30, 2018	$ 229,055	$ 15	$ 16,952	$ 55,965	$ 220,307	$ (2,145)	$ (62,039)
Net income (loss)	(2,986)				(2,986)
Unrealized losses on cash flow hedges, net of reclassifications to earnings	(4,637)						(4,637)
ESOP compensation expense, including reclassifications	529			529
Share based compensation	433			433
Stock option exercises (in shares)			26,042
Stock option exercises	326		$ 26	300
Cumulative preferred dividends, undeclared and unpaid	(132)				(132)
Ending Balance (in shares) at Sep. 30, 2018		14,700	16,977,701
Ending Balance at Sep. 30, 2018	222,588	$ 15	$ 16,978	57,227	217,189	(2,145)	(66,676)
Beginning Balance (in shares) at Jun. 30, 2018		14,700	16,951,659
Beginning Balance at Jun. 30, 2018	229,055	$ 15	$ 16,952	55,965	220,307	(2,145)	(62,039)
Net income (loss)	(13,086)
Change in funded status of retiree benefit obligations, net of tax	(5,651)
Ending Balance (in shares) at Dec. 31, 2018		14,700	17,002,529
Ending Balance at Dec. 31, 2018	218,325	$ 15	$ 17,003	56,134	206,955	0	(61,782)
Beginning Balance (in shares) at Sep. 30, 2018		14,700	16,977,701
Beginning Balance at Sep. 30, 2018	222,588	$ 15	$ 16,978	57,227	217,189	(2,145)	(66,676)
Net income (loss)	(10,100)				(10,100)
Unrealized losses on cash flow hedges, net of reclassifications to earnings	2,398						2,398
Pension Settlement Charge	8,147
Change in funded status of retiree benefit obligations, net of tax	(5,651)						(5,651)
ESOP compensation expense, including reclassifications	405			(1,740)		2,145
Share-based compensation (in shares)			16,266
Share based compensation	490		$ 16	474
Stock option exercises (in shares)			8,562
Stock option exercises	182		$ 9	173
Cumulative preferred dividends, undeclared and unpaid	(134)				(134)
Ending Balance (in shares) at Dec. 31, 2018		14,700	17,002,529
Ending Balance at Dec. 31, 2018	218,325	$ 15	$ 17,003	56,134	206,955	$ 0	(61,782)
Beginning Balance (in shares) at Jun. 30, 2019		14,700	17,042,132
Beginning Balance at Jun. 30, 2019	157,494	$ 15	$ 17,042	57,912	146,177		(63,652)
Net income (loss)	4,654
Unrealized losses on cash flow hedges, net of reclassifications to earnings	(1,301)						(1,301)
ESOP compensation expense, including reclassifications (in shares)			52,534
ESOP compensation expense, including reclassifications	860		$ 53	807
Share based compensation	(1)			(1)
Stock option exercises (in shares)			532
Stock option exercises	0
Cumulative preferred dividends, undeclared and unpaid	(137)				(137)
Ending Balance (in shares) at Sep. 30, 2019		14,700	17,095,198
Ending Balance at Sep. 30, 2019	161,569	$ 15	$ 17,095	58,718	150,694		(64,953)
Beginning Balance (in shares) at Jun. 30, 2019		14,700	17,042,132
Beginning Balance at Jun. 30, 2019	157,494	$ 15	$ 17,042	57,912	146,177		(63,652)
Net income (loss)	12,408
Change in funded status of retiree benefit obligations, net of tax	0
Ending Balance (in shares) at Dec. 31, 2019		14,700	17,177,448
Ending Balance at Dec. 31, 2019	186,160	$ 15	$ 17,180	59,663	158,310		(49,008)
Beginning Balance (in shares) at Sep. 30, 2019		14,700	17,095,198
Beginning Balance at Sep. 30, 2019	161,569	$ 15	$ 17,095	58,718	150,694		(64,953)
Net income (loss)	7,754				7,754
Unrealized losses on cash flow hedges, net of reclassifications to earnings	15,945						15,945
Change in funded status of retiree benefit obligations, net of tax	0
ESOP compensation expense, including reclassifications (in shares)			55,623
ESOP compensation expense, including reclassifications	581		$ 56	525
Share based compensation	319			319
Stock option exercises (in shares)			26,627
Stock option exercises	130		$ 29	101
Cumulative preferred dividends, undeclared and unpaid	(138)				(138)
Ending Balance (in shares) at Dec. 31, 2019		14,700	17,177,448
Ending Balance at Dec. 31, 2019	$ 186,160	$ 15	$ 17,180	$ 59,663	$ 158,310		$ (49,008)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income (loss)	$ 12,408	$ (13,086)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	15,211	15,630
Restructuring and other transition expenses, net of payments	0	2,457
Deferred income taxes	0	(3,265)
Pension settlement charge	0	10,948
Net (gains) losses from sales of assets	(23,662)	723
Net losses on derivative instruments	4,075	6,205
Other adjustments	1,794	3,494
Change in operating assets and liabilities:
Accounts receivable	(5,285)	(21,299)
Inventories	1,804	(11,326)
Derivative assets (liabilities), net	1,965	(9,234)
Other assets	361	1,194
Accounts payable	(10,608)	21,534
Accrued expenses and other liabilities	(258)	(9,621)
Net cash used in operating activities	(2,195)	(5,646)
Cash flows from investing activities:
Purchases of property, plant and equipment	(9,007)	(23,120)
Proceeds from sales of property, plant and equipment	35,247	105
Net cash provided (used) in investing activities	26,240	(23,015)
Cash flows from financing activities:
Proceeds from revolving credit facility	38,000	40,642
Repayments on revolving credit facility	(60,000)	(429)
Payments of finance lease obligations	(27)	(137)
Payment of financing costs	0	(1,027)
Proceeds from stock option exercises	129	507
Net cash (used) provided by financing activities	(21,898)	39,556
Net increase in cash and cash equivalents	2,147	10,895
Cash and cash equivalents at beginning of period	6,983	2,438
Cash and cash equivalents at end of period	9,130	13,333
Supplemental disclosure of non-cash investing and financing activities:
Net change in derivative assets and liabilities included in other comprehensive loss, net of tax	14,644	(2,239)
Non-cash additions to property, plant and equipment	284	2,928
Non-cash portion of earnout receivable recognized—spice assets sale	0	390
Non-cash issuance of 401-K common stock	109	0
Cumulative preferred dividends, undeclared and unpaid	275	266
West Coast Coffee, Inc.
Supplemental disclosure of non-cash investing and financing activities:
Non-cash issuance of 401-K common stock	$ 0	$ 840

Introduction and Basis of Prese

Introduction and Basis of Presentation	6 Months Ended
	Dec. 31, 2019
Introduction and Basis of Presentation [Abstract]
Introduction and Basis of Presentation	Introduction and Basis of Presentation Farmer Bros. Co., a Delaware corporation (including its consolidated subsidiaries unless the context otherwise requires, the “Company”), is a national coffee roaster, wholesaler and distributor of coffee, tea, and culinary products. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States (“GAAP”) for complete consolidated financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the interim financial data have been included. Operating results for the three and six months ended December 31, 2019 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2020 . Events occurring subsequent to December 31, 2019 have been evaluated for potential recognition or disclosure in the unaudited condensed consolidated financial statements for the three and six months ended December 31, 2019 . The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019 , filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2019 (the “2019 Form 10-K”). Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its direct and indirect wholly owned subsidiaries FBC Finance Company, a California corporation, Coffee Bean Holding Co., Inc., a Delaware corporation, the parent company of Coffee Bean International, Inc., an Oregon corporation (“CBI”), CBI, China Mist Brands, Inc., a Delaware corporation, Boyd Assets Co., a Delaware corporation, and Coffee Bean International LLC, a Delaware limited liability company. All inter-company balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. The Company reviews its estimates on an ongoing basis using currently available information. Changes in facts and circumstances may result in revised estimates and actual results may differ from those estimates.

Leases (Notes)

Leases (Notes)	6 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases	Leases The Company makes a determination if an arrangement constitutes a lease at inception, and categorizes the lease as either an operating or finance lease. Operating leases are included in right-of-use operating lease assets and operating lease liabilities in the Company's Condensed Consolidated Balance Sheets. Finance leases are included in property, plant and equipment, net and other long-term liabilities in the Condensed Consolidated Balance Sheets. Leases with an initial term of 12 months or less are not recorded on the Condensed Consolidated Balance Sheets. The Company has entered into leases for building facilities, vehicles and other equipment. The Company’s leases have remaining contractual terms of up to 10 years , some of which have options to extend the lease for up to 20 years . For purposes of calculating operating lease liabilities, lease terms are deemed not to include options to extend the lease termination until it is reasonably certain that the Company will exercise that option. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. Supplemental unaudited consolidated balance sheet information related to leases is as follows: Classification December 31, 2019 (In thousands) Operating lease assets Right-of-use operating lease assets $ 19,696 Finance lease assets Property, plant and equipment, net 34 Total lease assets $ 19,730 Operating lease liabilities - current Operating lease liabilities - current $ 5,571 Operating lease liabilities - noncurrent Operating lease liabilities - noncurrent 14,318 Finance lease liabilities Other long-term liabilities 35 Total lease liabilities $ 19,924 The components of lease expense are as follows: Three Months Ended December 31, Six Months Ended December 31, Classification 2019 2019 (In thousands) Operating lease expense General and administrative expenses and cost of goods sold $ 1,253 $ 2,363 Finance lease expense: Amortization of finance lease assets General and administrative expenses 13 26 Interest on finance lease liabilities Interest expense — 1 Total lease expense $ 1,266 $ 2,390 December 31, 2019 (In thousands) Operating Leases Finance Leases Maturities of lease liabilities are as follows: 2020 $ 2,826 $ 27 2021 5,102 9 2022 3,631 — 2023 2,995 — 2024 2,699 — Thereafter 5,375 — Total lease payments 22,628 36 Less: interest (2,739 ) (1 ) Total lease obligations $ 19,889 $ 35 Lease term and discount rate: December 31, 2019 Weighted-average remaining lease terms (in years): Operating lease 8.8 Finance lease 0.7 Weighted-average discount rate: Operating lease 4.50 % Finance lease 4.50 % Other Information: Six Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,165 Operating cash flows from finance leases $ 1 Financing cash flows from finance leases $ 25 Leased assets obtained in exchange for new finance lease liabilities $ — Leased assets obtained in exchange for new operating lease liabilities $ — Disclosures related to periods prior to adoption of ASU 2016-02 Rent expense paid for the fiscal year ended June 30, 2019 was $6.4 million . The minimum annual payments under operating and capital leases as of June 30, 2019 are as follows: (In thousands) Operating Capital Year Ended June 30, 2020 $ 4,434 $ 36 2021 3,238 1 2022 2,472 — 2023 2,131 — 2024 2,025 — Thereafter 4,389 — Total minimum lease payments $ 18,689 37 Less: imputed interest (2 ) Present value of future minimum lease payments 35 Less: current portion (34 ) Long-term capital lease obligations $ 1
Leases	Leases The Company makes a determination if an arrangement constitutes a lease at inception, and categorizes the lease as either an operating or finance lease. Operating leases are included in right-of-use operating lease assets and operating lease liabilities in the Company's Condensed Consolidated Balance Sheets. Finance leases are included in property, plant and equipment, net and other long-term liabilities in the Condensed Consolidated Balance Sheets. Leases with an initial term of 12 months or less are not recorded on the Condensed Consolidated Balance Sheets. The Company has entered into leases for building facilities, vehicles and other equipment. The Company’s leases have remaining contractual terms of up to 10 years , some of which have options to extend the lease for up to 20 years . For purposes of calculating operating lease liabilities, lease terms are deemed not to include options to extend the lease termination until it is reasonably certain that the Company will exercise that option. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. Supplemental unaudited consolidated balance sheet information related to leases is as follows: Classification December 31, 2019 (In thousands) Operating lease assets Right-of-use operating lease assets $ 19,696 Finance lease assets Property, plant and equipment, net 34 Total lease assets $ 19,730 Operating lease liabilities - current Operating lease liabilities - current $ 5,571 Operating lease liabilities - noncurrent Operating lease liabilities - noncurrent 14,318 Finance lease liabilities Other long-term liabilities 35 Total lease liabilities $ 19,924 The components of lease expense are as follows: Three Months Ended December 31, Six Months Ended December 31, Classification 2019 2019 (In thousands) Operating lease expense General and administrative expenses and cost of goods sold $ 1,253 $ 2,363 Finance lease expense: Amortization of finance lease assets General and administrative expenses 13 26 Interest on finance lease liabilities Interest expense — 1 Total lease expense $ 1,266 $ 2,390 December 31, 2019 (In thousands) Operating Leases Finance Leases Maturities of lease liabilities are as follows: 2020 $ 2,826 $ 27 2021 5,102 9 2022 3,631 — 2023 2,995 — 2024 2,699 — Thereafter 5,375 — Total lease payments 22,628 36 Less: interest (2,739 ) (1 ) Total lease obligations $ 19,889 $ 35 Lease term and discount rate: December 31, 2019 Weighted-average remaining lease terms (in years): Operating lease 8.8 Finance lease 0.7 Weighted-average discount rate: Operating lease 4.50 % Finance lease 4.50 % Other Information: Six Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,165 Operating cash flows from finance leases $ 1 Financing cash flows from finance leases $ 25 Leased assets obtained in exchange for new finance lease liabilities $ — Leased assets obtained in exchange for new operating lease liabilities $ — Disclosures related to periods prior to adoption of ASU 2016-02 Rent expense paid for the fiscal year ended June 30, 2019 was $6.4 million . The minimum annual payments under operating and capital leases as of June 30, 2019 are as follows: (In thousands) Operating Capital Year Ended June 30, 2020 $ 4,434 $ 36 2021 3,238 1 2022 2,472 — 2023 2,131 — 2024 2,025 — Thereafter 4,389 — Total minimum lease payments $ 18,689 37 Less: imputed interest (2 ) Present value of future minimum lease payments 35 Less: current portion (34 ) Long-term capital lease obligations $ 1

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Recent Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued. ASUs not listed below were assessed and either determined to be not applicable or expected to have minimal impact on its condensed consolidated financial statements. The following table provides a brief description of the applicable recent ASUs issued by the FASB: Standard Description Effective Date Effect on the Financial Statements or Other Significant Matters In August 2018, the FASB issued ASU No. 2018-15, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract” (“ASU 2018-15”). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Annual periods beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted, including adoption in any interim period. Effective for the Company beginning July 1, 2020. The Company is currently evaluating the impact ASU 2018-15 will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, “Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans” (“ASU 2018-14”). ASU 2018-14 modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans by removing disclosures that no longer are considered cost beneficial, clarifying the specific requirements of disclosures and adding disclosure requirements identified as relevant. Annual periods beginning after December 15, 2020. Early adoption is permitted. Effective for the Company beginning July 1, 2021. The Company is currently evaluating the impact ASU 2018-14 will have on its consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”). ASU 2018-02 provides entities an option to reclassify certain stranded tax effects resulting from the tax reform from accumulated other comprehensive income to retained earnings. The guidance in ASU 2018-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those fiscal years, and should be applied either in the period of adoption or retrospectively. The Company did not elect the option to reclassify certain stranded tax effects resulting from the tax reform from accumulated other comprehensive income to retained earnings. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”). The amendments in ASU 2017-04 address concerns regarding the cost and complexity of the two-step goodwill impairment test, and remove the second step of the test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Annual and interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Effective for the Company beginning July 1, 2020. Adoption of ASU 2017-04 is not expected to have a material effect on the results of operations, financial position or cash flows of the Company. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Since that date, the FASB has issued additional ASUs clarifying certain aspects of ASU 2016-13. The objective of the guidance in ASU 2016-13 is to allow entities to recognize estimated credit losses in the period that the change in valuation occurs. The amendments in ASU 2016-13 requires an entity to present financial assets measured on an amortized cost basis on the balance sheet net of an allowance for credit losses. The model requires an estimate of the credit losses expected over the life of an exposure or pool of exposures. The income statement will reflect the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. Annual reporting periods beginning after December 15, 2019 and interim periods within those reporting periods. Effective for the Company beginning July 1, 2020. The Company is currently evaluating the impact of adoption on its financial statements and related disclosures, but does not anticipate a material impact to the consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases. Since that date, the FASB has issued additional ASUs clarifying certain aspects of ASU 2016-02. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases. Subsequent guidance issued after February 2016 did not change the core principle of ASU 2016-02. Annual periods beginning after December 15, 2018, and interim periods within those annual periods. Early application is permitted. The Company adopted the new guidance effective July 1, 2019, using the modified retrospective transition method, which did not require the Company to adjust comparative periods. See Note 3 for the applicable disclosure of ASU 2016-02 adoption. .

Derivative Instruments

Derivative Instruments	6 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments Derivative Instruments Held Coffee-Related Derivative Instruments The Company is exposed to commodity price risk associated with its price to fixed green coffee purchase contracts, which are described further in Note 2 to the consolidated financial statements in the 2019 Form 10-K. The Company utilizes forward and option contracts to manage exposure to the variability in expected future cash flows from forecasted purchases of green coffee attributable to commodity price risk. Certain of these coffee-related derivative instruments utilized for risk management purposes have been designated as cash flow hedges, while other coffee-related derivative instruments have not been designated as cash flow hedges or do not qualify for hedge accounting despite hedging the Company’s future cash flows on an economic basis. The following table summarizes the notional volumes for the coffee-related derivative instruments held by the Company at December 31, 2019 and June 30, 2019 : (In thousands) December 31, 2019 June 30, 2019 Derivative instruments designated as cash flow hedges: Long coffee pounds 40,725 42,113 Derivative instruments not designated as cash flow hedges: Long coffee pounds 1,238 6,070 Total 41,963 48,183 Coffee-related derivative instruments designated as cash flow hedges outstanding as of December 31, 2019 will expire within 17 months. At December 31, 2019 and June 30, 2019 approximately 97% and 87% , respectively, of the Company's outstanding coffee-related derivative instruments were designated as cash flow hedges. Interest Rate Swap Derivative Instruments Pursuant to an International Swap Dealers Association, Inc. Master Agreement (“ISDA”) which was effective March 20, 2019, the Company on March 27, 2019, entered into an interest rate swap transaction utilizing a notional amount of $80.0 million , with an effective date of April 11, 2019 and a maturity date of October 11, 2023 (the “Rate Swap”). In December 2019, the Company amended the notional amount to $65.0 million . The Rate Swap is intended to manage the Company’s interest rate risk on its floating-rate indebtedness under the Company’s revolving credit facility. Under the terms of the Rate Swap, the Company receives 1-month LIBOR, subject to a 0% floor, and makes payments based on a fixed rate of 2.1975% . The Company’s obligations under the ISDA are secured by the collateral which secures the loans under the revolving credit facility on a pari passu and pro rata basis with the principal of such loans. The Company has designated the Rate Swap derivative instruments as a cash flow hedge. Effect of Derivative Instruments on the Financial Statements Balance Sheets Fair values of derivative instruments on the Company’s condensed consolidated balance sheets: Derivative Instruments Designated as Cash Flow Hedges Derivative Instruments Not Designated as Accounting Hedges December 31, 2019 June 30, 2019 December 31, 2019 June 30, 2019 (In thousands) Financial Statement Location: Short-term derivative assets: Coffee-related derivative instruments(1) $ 8,718 $ 1,254 $ 333 $ 611 Long-term derivative assets: Coffee-related derivative instruments (2) $ 443 $ 671 $ — $ 3 Short-term derivative liabilities: Coffee-related derivative instruments (3) $ 1 $ 1,114 $ 7 $ 114 Interest rate swap derivative instruments (3) $ 360 $ 246 $ — $ — Long-term derivative liabilities: Coffee-related derivative instruments (4) $ — $ 13 $ — $ — Interest rate swap derivative instruments (4) $ 1,069 $ 1,599 $ — $ — ________________ (1) Included in “Short-term derivative assets” on the Company’s condensed consolidated balance sheets. (2) Included in “Long-term derivative assets” on the Company's condensed consolidated balance sheets. (3) Included in “Short-term liabilities” on the Company's condensed consolidated balance sheets. (4) Included in “Other long-term liabilities” on the Company's condensed consolidated balance sheets. Statements of Operations The following table presents pretax net gains and losses for the Company's derivative instruments designated as cash flow hedges, as recognized in “AOCI,” “Cost of goods sold” and “Other, net”. Three Months Ended December 31, Six Months Ended December 31, Financial Statement Classification (In thousands) 2019 2018 2019 2018 Net gains (losses) recognized in AOCI - Interest rate swap $ 448 $ — $ (48 ) $ — AOCI Net losses recognized from AOCI to earnings - Interest rate swap $ (52 ) $ — $ (32 ) $ — Interest Expense Net losses reclassified from AOCI to earnings for partial unwind of our interest swap - Interest rate swap (1) $ (407 ) $ — $ (407 ) $ — Interest Expense Net gains (losses) recognized in AOCI - Coffee-related $ 12,130 $ 1,005 $ 7,431 $ (7,188 ) AOCI Net losses recognized in earnings - Coffee - related $ (3,451 ) $ (2,217 ) $ (6,922 ) $ (4,179 ) Cost of goods sold ________________ (1) The $407 thousand of realized loss was due to partial unwinding of interest rate swap resulting from the amendment of the notional amount from $80 million to $65 million . For the three and six months ended December 31, 2019 and 2018 , there were no gains or losses recognized in earnings as a result of excluding amounts from the assessment of hedge effectiveness. Net losses (gains) on derivative instruments in the Company’s condensed consolidated statements of cash flows also include net losses (gains) on coffee-related derivative instruments designated as cash flow hedges reclassified to cost of goods sold from AOCI in the three and six months ended December 31, 2019 and 2018 . Gains and losses on derivative instruments not designated as accounting hedges are included in “Other, net” in the Company’s condensed consolidated statements of operations and in “Net losses (gains) on derivative instruments and investments” in the Company’s condensed consolidated statements of cash flows. Net gains and losses recorded in “Other, net” are as follows: Three Months Ended December 31, Six Months Ended December 31, (In thousands) 2019 2018 2019 2018 Net losses on coffee-related derivative instruments(1) $ 419 $ (920 ) $ (624 ) $ (2,025 ) Non-operating pension and other postretirement benefit plans cost (2) 1,248 1,763 2,496 3,526 Other (losses) gains, net (5 ) 110 (7 ) 109 Other, net $ 1,662 $ 953 $ 1,865 $ 1,610 ___________ (1) Excludes net gains and losses on coffee-related derivative instruments designated as cash flow hedges recorded in cost of goods sold in the three and six months ended December 31, 2019 and 2018 . (2) Presented in accordance with ASU 2017-07. Offsetting of Derivative Assets and Liabilities The Company has agreements in place that allow for the financial right of offset for derivative assets and liabilities at settlement or in the event of default under the agreements. Additionally, under certain coffee derivative agreements, the Company maintains accounts with its counterparties to facilitate financial derivative transactions in support of its risk management activities. The following table presents the Company’s net exposure from its offsetting derivative asset and liability positions, as well as cash collateral on deposit with its counterparties as of the reporting dates indicated: (In thousands) Gross Amount Reported on Balance Sheet Netting Adjustments Cash Collateral Posted Net Exposure December 31, 2019 Derivative Assets $ 9,494 $ (8 ) $ — $ 9,486 Derivative Liabilities $ (1,437 ) $ (8 ) $ — $ (1,445 ) June 30, 2019 Derivative Assets $ 2,539 $ (698 ) $ — $ 1,841 Derivative Liabilities $ 3,086 $ (698 ) $ — $ 2,388 Cash Flow Hedges Changes in the fair value of the Company’s coffee-related derivative instruments designated as cash flow hedges are deferred in AOCI and subsequently reclassified into cost of goods sold in the same period or periods in which the hedged forecasted purchases affect earnings, or when it is probable that the hedged forecasted transaction will not occur by the end of the originally specified time period. Based on recorded values at December 31, 2019 , $5.2 million of net gains on coffee-related derivative instruments designated as a cash flow hedge are expected to be reclassified into cost of goods sold within the next twelve months. These recorded values are based on market prices of the commodities as of December 31, 2019 . Changes in the fair value of the Company's interest rate swap derivative instruments designated as a cash flow hedge are deferred in AOCI and subsequently reclassified into interest expense in the period or periods when the hedged transaction affects earnings or when it is probable that the hedged forecasted transaction will not occur by the end of the originally specified time period. As of December 31, 2019 , $0.4 million of net losses on interest rate swap derivative instruments designated as a cash flow hedge are expected to be reclassified into interest expense within the next twelve months assuming no significant changes in the LIBOR rates. Due to LIBOR volatility, actual gains or losses realized within the next twelve months will likely differ from these values.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets and liabilities measured and recorded at fair value on a recurring basis were as follows: (In thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Derivative instruments designated as cash flow hedges: Coffee-related derivative assets (1) $ 9,161 $ — $ 9,161 $ — Coffee-related derivative liabilities (1) $ 1 $ — $ 1 $ — Interest rate swap derivative liabilities (2) $ 1,429 $ — $ 1,429 $ — Derivative instruments not designated as accounting hedges: Coffee-related derivative assets(1) $ 333 $ — $ 333 $ — Coffee-related derivative liabilities(1) $ 7 $ — $ 7 $ — (In thousands) Total Level 1 Level 2 Level 3 June 30, 2019 Derivative instruments designated as cash flow hedges: Coffee-related derivative assets (1) $ 1,925 $ — $ 1,925 $ — Coffee-related derivative liabilities (1) $ 1,127 $ — $ 1,127 $ — Interest rate swap derivative liabilities (2) $ 1,845 $ — $ 1,845 $ — Derivative instruments not designated as accounting hedges: Coffee-related derivative assets (1) $ 614 $ — $ 614 $ — Coffee-related derivative liabilities (1) $ 114 $ — $ 114 $ — ____________________ (1) The Company's coffee-related derivative instruments are traded over-the-counter and, therefore, classified as Level 2. (2) The Company's interest rate swap derivative instrument are model-derived valuations with directly or indirectly observable significant inputs such as interest rate and, therefore, classified as Level 2.

Accounts Receivable, net

Accounts Receivable, net	6 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Accounts Receivable, net	Accounts Receivable, Net (In thousands) December 31, 2019 June 30, 2019 Trade receivables $ 57,652 $ 53,593 Other receivables(1) 3,293 2,886 Allowance for doubtful accounts (541 ) (1,324 ) Accounts receivable, net $ 60,404 $ 55,155 __________ (1) Includes vendor rebates and other non-trade receivables. The $0.8 million decrease in the allowance for doubtful accounts during the six months ended December 31, 2019 was due to improvement of the Company’s accounts receivable aging balance.

Inventories

Inventories	6 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories (In thousands) December 31, 2019 June 30, 2019 Coffee Processed $ 27,492 $ 25,769 Unprocessed 30,337 33,259 Total $ 57,829 $ 59,028 Tea and culinary products Processed $ 19,385 $ 21,767 Unprocessed 94 74 Total $ 19,479 $ 21,841 Coffee brewing equipment parts $ 7,826 $ 7,041 Total inventories $ 85,134 $ 87,910 In addition to product cost, inventory costs include expenditures such as direct labor and certain supply, freight, warehousing, overhead variances, purchase price variance (“PPVs”) and other expenses incurred in bringing the inventory to its existing condition and location. The “Unprocessed” inventory values as stated in the above table represent the value of raw materials and the “Processed” inventory values represent all other products consisting primarily of finished goods.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment (In thousands) December 31, 2019 June 30, 2019 Buildings and facilities (1) $ 100,316 $ 107,915 Machinery and equipment (1) 243,397 249,477 Capitalized software 28,770 27,666 Office furniture and equipment 13,858 14,035 $ 386,341 $ 399,093 Accumulated depreciation (227,671 ) (225,826 ) Land 13,313 16,191 Property, plant and equipment, net $ 171,983 $ 189,458 __________ (1) Decrease as of December 31, 2019 is due to the sale of assets. See Note 21 for details. Coffee Brewing Equipment (“CBE”) and Service Capitalized CBE included in machinery and equipment above are: (In thousands) December 31, 2019 June 30, 2019 Coffee Brewing Equipment $ 103,520 $ 106,593 Accumulated depreciation (69,581 ) $ (70,202 ) Coffee Brewing Equipment, net $ 33,939 $ 36,391 Depreciation expense related to capitalized CBE and other CBE related expenses (excluding CBE depreciation) provided to customers and reported in cost of goods sold were as follows: Three Months Ended December 31, Six Months Ended December 31, (In thousands) 2019 2018 2019 2018 Depreciation expense $ 2,327 $ 2,201 $ 4,666 $ 4,396 Other CBE expenses $ 8,446 $ 8,410 $ 16,171 $ 16,916 Other expenses related to CBE provided to customers, such as the cost of servicing that equipment (including service employees’ salaries, cost of transportation and the cost of supplies and parts), are considered directly attributable to the generation of revenues from the customers. Therefore, these costs are included in cost of goods sold.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets There were no changes to the carrying value of goodwill in the six months ended December 31, 2019 . The carrying value of goodwill at December 31, 2019 and June 30, 2019 was $36.2 million . The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill: December 31, 2019 June 30, 2019 (In thousands) Weighted Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortized intangible assets: Customer relationships 7.3 $ 33,003 $ (16,391 ) $ 16,612 $ 33,003 $ (15,291 ) $ 17,712 Non-compete agreements 2.2 220 (142 ) 78 220 (122 ) 98 Recipes 3.8 930 (420 ) 510 930 (354 ) 576 Trade name/brand name 4.5 510 (365 ) 145 510 (346 ) 164 Total amortized intangible assets $ 34,663 $ (17,318 ) $ 17,345 $ 34,663 $ (16,113 ) $ 18,550 Unamortized intangible assets: Trademarks, trade names and brand name with indefinite lives $ 10,328 $ — $ 10,328 $ 10,328 $ — $ 10,328 Total unamortized intangible assets $ 10,328 $ — $ 10,328 $ 10,328 $ — $ 10,328 Total intangible assets $ 44,991 $ (17,318 ) $ 27,673 $ 44,991 $ (16,113 ) $ 28,878 Aggregate amortization expense for the three months ended December 31, 2019 and 2018 was $0.6 million and $0.7 million , respectively. Aggregate amortization expense for the six months ended December 31, 2019 and 2018 was $1.2 million and $1.3 million , respectively. The Company tests goodwill and intangible assets for impairment annually, as of January 31, or when events or changes in circumstances would indicate that the carrying amounts of the assets may not be recoverable. The Company is currently undergoing its annual testing. Events and circumstances have occurred, including those during the current fiscal year, such as declining operating results, that may have a negative impact on the fair value of these assets.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans Single Employer Pension Plans Effective June 30, 2011, the Company amended its defined benefit pension plans, freezing the benefit for all participants. As of the effective date, participants do not accrue any benefits under the plans, and new hires are not eligible to participate in the plans. The net periodic benefit cost for the defined benefit pension plans is as follows: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Service cost $ — $ — $ — $ — Interest cost 1,059 1,426 2,118 2,852 Expected return on plan assets (1,102 ) (1,485 ) (2,203 ) (2,970 ) Amortization of net loss(1) 370 370 740 740 Pension settlement charge — 10,948 — 10,948 Net periodic benefit cost $ 327 $ 11,259 $ 655 $ 11,570 ___________ (1) These amounts represent the estimated portion of the net loss in AOCI that is expected to be recognized as a component of net periodic benefit cost over the current fiscal year. Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost December 31, 2019 June 30, 2019 Discount rate 3.45% 4.05% Expected long-term return on plan assets 6.75% 6.75% Multiemployer Pension Plans The Company participates in two multiemployer defined benefit pension plans that are union sponsored and collectively bargained for the benefit of certain employees subject to collective bargaining agreements, of which the Western Conference of Teamsters Pension Plan ("WCTPP") is individually significant. The Company makes contributions to these plans generally based on the number of hours worked by the participants in accordance with the provisions of negotiated labor contracts. Contributions made by the Company to the multiemployer pension plans were as follows: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Contributions $ 452 $ 283 $ 880 $ 778 Outstanding balance of settlement obligations of the Company to certain multiemployer pension plans are as follows: (In thousands) December 31, 2019 June 30, 2019 WCT Pension Trust (1) $ 344 $ 1,487 Local 807 Pension Fund (2) $ 182 $ 182 __________ (1) Initial liability amount of $3.4 million , including interest, commencing in September 10, 2018, payable in 17 monthly installments of $190,507 followed by a final monthly installment of $153,822 in February 2020. (2) Lump sum cash settlement payment of $3.0 million plus two remaining installment payments of $91,000 due on or before October 1, 2034 and on or before January 1, 2035. As of December 31, 2019 , the Company has paid the Local 807 Pension Fund $3.0 million and has accrued $0.2 million within “Accrued pension liabilities” on the Company’s condensed consolidated balance sheet. Multiemployer Plans Other Than Pension Plans The Company participates in nine multiemployer defined contribution plans other than pension plans that provide medical, vision, dental and disability benefits for active, union-represented employees subject to collective bargaining agreements. The plans are subject to the provisions of the Employee Retirement Income Security Act of 1974, and provide that participating employers make monthly contributions to the plans in an amount as specified in the collective bargaining agreements. Also, the plans provide that participants make self-payments to the plans, the amounts of which are negotiated through the collective bargaining process. The Company’s participation in these plans is governed by collective bargaining agreements which expire on or before June 30, 2022. 401(k) Plan The Company’s 401(k) Plan is available to all eligible employees. Participants in the 401(k) Plan may choose to contribute a percentage of their annual pay subject to the maximum contribution allowed by the Internal Revenue Service. The Company recorded matching contributions of $0.6 million and $0.4 million in operating expenses in the three months ended December 31, 2019 and 2018 . The Company recorded matching contributions of $1.3 million and $0.9 million in operating expenses in the six months ended December 31, 2019 and 2018 . Additionally, the Company makes an annual safe harbor non-elective contribution of shares of the Company’s common stock equal to 4% of each eligible participant’s annual plan compensation. During the three and six months December 31, 2019 , the Company contributed a total of 54,025 and 109,649 shares of the Company’s common stock with a value of $0.6 million and $1.4 million , respectively, to eligible participants’ annual plan compensation. Postretirement Benefits Retiree Medical Plan and Death Benefit The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit for the three and six months ended December 31, 2019 and 2018 . Net periodic postretirement benefit cost was based on employee census information and asset information as of June 30, 2019 . Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Components of Net Periodic Postretirement Benefit Cost (Credit): Service cost $ 147 $ 133 $ 294 $ 266 Interest cost 214 222 428 444 Amortization of net gain (125 ) (209 ) (250 ) (418 ) Amortization of prior service credit (392 ) (439 ) (784 ) (878 ) Net periodic postretirement benefit credit $ (156 ) $ (293 ) $ (312 ) $ (586 ) Weighted-Average Assumptions Used to Determine Net Periodic Postretirement Benefit Cost Fiscal 2020 2019 Retiree Medical Plan discount rate 3.62% 4.25% Death Benefit discount rate 3.64% 4.25%

Debt Obligations

Debt Obligations	6 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Debt Obligations	Debt Obligations The following table summarizes the Company’s debt obligations: December 31, 2019 June 30, 2019 (In thousands) Debt Origination Date Maturity Original Borrowing Amount Carrying Value Weighted Average Interest Rate Carrying Value Weighted Average Interest Rate Credit Facility Revolver 11/6/2023 N/A $ 70,000 4.05 % $ 92,000 3.98 % On November 6, 2018, the Company entered into a new $150.0 million senior secured revolving credit facility (the “Revolving Facility”) with Bank of America, N.A, Citibank, N.A., JPMorgan Chase Bank, N.A., PNC Bank, National Association, Regions Bank, and SunTrust Bank, with a sublimit on letters of credit and swingline loans of $15.0 million each. The Revolving Facility includes an accordion feature whereby the Company may increase the revolving commitments or enter into one or more tranches of incremental term loans, up to an additional $75.0 million in aggregate of increased commitments and incremental term loans, subject to certain conditions. The commitment fee is based on a leverage grid and ranges from 0.20% to 0.40% . Borrowings under the New Revolving Facility bear interest based on a leverage grid with a range of PRIME + 0.25% to PRIME + 0.875% or Adjusted LIBO Rate + 1.25% to Adjusted LIBO Rate + 1.875% . Effective March 27, 2019, the Company entered into a rate swap agreement and in December 2019 amended the agreement. The impact of the amendment was $0.4 million of realized loss due to the partial unwinding of interest rate swap resulting from the amendment of the notional amount from $80.0 million to $65.0 million . See Note 4 for details. Under the Revolving Facility, the Company is subject to a variety of affirmative and negative covenants of types customary in a senior secured lending facility, including financial covenants relating to leverage and interest expense coverage. The Company is allowed to pay dividends, provided, among other things, a total net leverage ratio is met, and no default exists or has occurred and is continuing as of the date of any such payment and after giving effect thereto. At December 31, 2019 , the Company was in compliance with all of the covenants under the Revolving Facility.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Employee Stock Ownership Plan	Employee Stock Ownership Plan The Company’s ESOP was established in 2000. As of December 31, 2018, the Company froze the ESOP such that (i) no employees of the Company may commence participation in the ESOP on or after December 31, 2018; (ii) no Company contributions will be made to the ESOP with respect to services performed or compensation received after December 31, 2018; and (iii) the ESOP accounts of all individuals who are actively employed by the Company and participating in the ESOP on December 31, 2018 will be fully vested as of such date. Additionally, the Administrative Committee, with the consent of the Board of Directors, designated certain employees who were terminated in connection with certain reductions-in-force in 2018 to be fully vested in their ESOP accounts as of their severance dates. Shares are held by the plan trustee for allocation among participants using a compensation-based formula. Subject to vesting requirements, allocated shares are owned by participants and shares are held by the plan trustee until the participant retires. December 31, 2019 June 30, 2019 Allocated shares 1,393,530 1,393,530 Committed to be released shares — — Unallocated shares — — Total ESOP shares 1,393,530 1,393,530 (In thousands) Fair value of ESOP shares $ 20,987 $ 22,812

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-based Compensation Farmer Bros. Co. 2017 Long-Term Incentive Plan As of December 31, 2019 , there were 565,112 shares available under the 2017 Plan including shares that were forfeited under the Prior Plans for future issuance. Non-qualified stock options with time-based vesting (“NQOs”) One-third of the total number of shares subject to each stock option vest ratably on each of the first three anniversaries of the grant date, contingent on continued employment, and subject to accelerated vesting in certain circumstances. Following are the assumptions used in the Black-Scholes valuation model for NQOs granted during the six months ended December 31, 2019 : Six Months Ended December 31, 2019 Weighted average fair value of NQOs $ 4.65 Risk-free interest rate 1.7 % Dividend yield — % Average expected term 4.6 years Expected stock price volatility 35.4 % The following table summarizes NQO activity for the six months ended December 31, 2019 : Outstanding NQOs: Number of NQOs Weighted Average Exercise Price ($) Weighted Average Remaining Life (Years) Aggregate Intrinsic Value ($ in thousands) Outstanding at June 30, 2019 198,049 27.35 5.25 40 Granted 431,344 14.48 — — Exercised (10,360 ) 12.48 — 28 Forfeited (104,288 ) 27.28 — — Expired (27,970 ) 31.66 — — Outstanding at December 31, 2019 486,775 16.03 6.54 432 Exercisable at December 31 , 2019 30,074 28.96 3.76 — The weighted-average grant-date fair value of options granted during the six months ended December 31, 2019 was $4.65 . The aggregate intrinsic values outstanding at the end of period in the table above represent the total pretax intrinsic values, based on the Company’s closing stock price of $15.06 at December 31, 2019 and $16.37 at June 28, 2019 , representing the last trading day of the respective periods, which would have been received by NQO holders had all award holders exercised their NQOs that were in-the-money as of those dates. The aggregate intrinsic value of NQO exercises in the six months ended December 31, 2019 represents the difference between the exercise price and the value of the Company’s common stock at the time of exercise. NQOs outstanding that are expected to vest are net of estimated forfeitures. The Company received $0.1 million and $0.3 million in proceeds from exercises of vested NQOs during the six months ended December 31, 2019 and 2018 , respectively. At December 31, 2019 and June 30, 2019 , respectively, there were $2.1 million and $1.1 million of unrecognized NQO compensation cost. The unrecognized NQO compensation cost at December 31, 2019 is expected to be recognized over the weighted average period of 2.7 years. Total compensation expense for NQOs was $178.1 thousand and $185.0 thousand for the three months ended December 31, 2019 and 2018 , respectively. Total compensation expense for NQOs was $277.2 thousand and $283.0 thousand for the six months ended December 31, 2019 and 2018 , respectively. Non-qualified stock options with performance-based and time-based vesting ( “ PNQs”) The following table summarizes PNQ activity for the six months ended December 31, 2019 : Outstanding PNQs: Number of PNQs Weighted Average Exercise Price ($) Weighted Average Remaining Life (Years) Aggregate Intrinsic Value ($ in thousands) Outstanding at June 30, 2019 229,961 26.21 1.23 — Granted — — — — Exercised — — — — Forfeited (6,212 ) 32.85 — — Expired (202,753 ) 25.67 — — Outstanding at December 31, 2019 20,996 29.39 1.92 — Exercisable at December 31 , 2019 12,730 27.95 1.78 — The aggregate intrinsic values outstanding at the end of each fiscal period in the table above represent the total pretax intrinsic values, based on the Company’s closing stock price of $15.06 at December 31, 2019 and $16.37 at June 28, 2019 , representing the last trading day of the respective fiscal periods, which would have been received by PNQ holders had all award holders exercised their PNQs that were in-the-money as of those dates. The aggregate intrinsic value of PNQ exercises in the six months ended December 31, 2019 represents the difference between the exercise price and the value of the Company’s common stock at the time of exercise. PNQs outstanding that are expected to vest are net of estimated forfeitures. There were no options exercised during the six months ended December 31, 2019 . The Company received $0.1 million in proceeds from exercises of vested PNQs during the six months ended December 31, 2018 . At December 31, 2019 and June 30, 2019, there were zero and $39.7 thousand , respectively, of unrecognized PNQ compensation cost. Total compensation expense related to PNQs in the three months ended December 31, 2019 and 2018 were $4.6 thousand and $146.4 thousand , respectively. Total compensation expense related to PNQs in the six months ended December 31, 2019 and 2018 were $18.3 thousand and $324.5 thousand , respectively. Restricted Stock The following table summarizes restricted stock activity for the six months ended December 31, 2019 : Outstanding and Nonvested Restricted Stock Awards: Shares Awarded Weighted Average Grant Date Fair Value ($) Outstanding and nonvested at June 30, 2019 32,056 21.10 Granted 48,654 15.05 Vested/Released (18,298 ) 23.98 Cancelled/Forfeited (1,704 ) 31.70 Outstanding and nonvested at December 31, 2019 60,708 15.66 The total grant-date fair value of restricted stock granted during the six months ended December 31, 2019 was $0.7 million . At December 31, 2019 and June 30, 2019 , there were $0.7 million and $0.4 million , respectively, of unrecognized compensation cost related to restricted stock. The unrecognized compensation cost related to restricted stock at December 31, 2019 is expected to be recognized over the weighted average period of 0.8 years. Total compensation expense for restricted stock were $0.2 million and $0.1 million , respectively, in the three months ended December 31, 2019 and 2018 . Total compensation expense for restricted stock in the six months ended December 31, 2019 and 2018 were $0.4 million and $0.2 million , respectively. Performance-Based Restricted Stock Units (“PBRSUs”) The following table summarizes PBRSU activity for the six months ended December 31, 2019 : Outstanding and Nonvested PBRSUs: PBRSUs Awarded(1) Weighted Average Grant Date Fair Value ($) Outstanding and nonvested at June 30, 2019 51,237 27.69 Granted(1) 76,256 14.42 Vested/Released — — Cancelled/Forfeited (36,049 ) 27.92 Outstanding and nonvested at December 31, 2019 91,444 16.54 _____________ (1) The target number of PBRSUs is presented in the table. Under the terms of the awards, the recipient may earn between 0% and 200% of the target number of PBRSUs depending on the extent to which the Company meets or exceeds the achievement of the applicable financial performance goals. The total grant-date fair value of PBRSUs granted during the six months ended December 31, 2019 was $1.1 million . At December 31, 2019 and June 30, 2019 , there were $1.1 million and $0.3 million , respectively, of unrecognized PBRSU compensation cost. The unrecognized PBRSU compensation cost at December 31, 2019 is expected to be recognized over the weighted average period of 2.6 years. Total compensation expense for PBRSUs were $77.2 thousand and $117.0 thousand , respectively, for the three months ended December 31, 2019 and 2018 . Total compensation expense for PBRSUs were $0.1 million and $0.2 million , respectively, for the six months ended December 31, 2019 and 2018 . Performance Cash Awards (“PCAs”) In November 2019, the Company granted PCAs under the 2017 Plan to certain employees. The PCAs cliff vest on the third anniversary of the date of grant based on the Company’s achievement of certain financial performance goals for the performance period July 1, 2019 through June 30, 2022, subject to certain continued employment conditions and subject to acceleration provisions of the 2017 Plan. At the end of the three-year performance period, the amount of PCAs that actually vest will be 0% to 200% of the target amount, depending on the extent to which the Company meets or exceeds the achievement of those financial performance goals measured over the full three-year performance period. The PCAs are measured initially based on a fixed amount of the awards at the date of grant and are required to be re-measured based on the probability of achieving the performance conditions at each reporting date until settlement. Compensation expense for PCAs is recognized over the applicable performance periods. The Company records a liability equal to the cost of PCAs for which achievement of the performance condition is deemed probable. As of December 31, 2019 , the Company had recognized accrued liabilities of $16.9 thousand . At December 31, 2019 , there was $0.4 million of unrecognized PCA compensation cost. The unrecognized PCA compensation cost at December 31, 2019 is expected to be recognized over the weighted average period of 2.9 years. Total compensation expense for PCAs was $16.9 thousand for the three and six months ended December 31, 2019 .

Other Current Liabilities

Other Current Liabilities	6 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Other Current Liabilities	Other Current Liabilities Other current liabilities consist of the following: (In thousands) December 31, 2019 June 30, 2019 Accrued postretirement benefits $ 1,068 $ 1,068 Accrued workers’ compensation liabilities 1,681 1,495 Cumulative preferred dividends, undeclared and unpaid (4) 1,198 305 Earnout payable (1) — 1,000 Working capital dispute payable(2) 354 354 Other (3) 3,681 3,087 Other current liabilities $ 7,982 $ 7,309 __ _________ (1) Represents estimated fair value of earnout payable in connection with the Company’s acquisition of substantially all of the assets of West Coast Coffee completed on February 7, 2017. (2) Represents accrued expenses related to working capital disputes in connection with the Company's acquisition of Boyd Coffee on October 2, 2017. (3) Includes accrued property taxes, sales and use taxes and insurance liabilities. (4) Per the agreement, all the cumulative preferred dividends, undeclared and unpaid are now payable. Therefore, the previously accrued long-term portion has been reclassified to current liabilities.

Other Long-Term Liabilities

Other Long-Term Liabilities	6 Months Ended
	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities	Other Long-Term Liabilities Other long-term liabilities include the following: (In thousands) December 31, 2019 June 30, 2019 Finance lease liabilities $ 35 $ 32 Derivative liabilities—noncurrent 1,068 1,612 Performance Cash Awards Liability 17 — Cumulative preferred dividends, undeclared and unpaid—noncurrent — 618 Deferred income taxes and other liabilities(1) 2,027 1,795 Other long-term liabilities $ 3,147 $ 4,057 ___________ (1) Includes deferred tax liabilities that have an indefinite reversal pattern.

Income Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax expense (benefit) and the related effective tax rates are as follows (in thousands, except effective tax rate): Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 Income tax benefit $ (81 ) $ (2,725 ) $ (188 ) $ (4,012 ) Effective tax rate (1.1 )% 21.0 % (1.5 )% 23.3 % The lower effective tax rate is primarily due to the previously recorded valuation allowance and change in the Company’s estimated deferred tax liability. The Company’s interim tax provision is determined using an estimated annual effective tax rate and adjusted for discrete taxable events that may occur during the quarter. The Company recognizes the effects of tax legislation in the period in which the law is enacted. Deferred tax assets and liabilities are remeasured using enacted tax rates expected to apply to taxable income in the years the Company estimates the related temporary differences to reverse. The Company evaluates its deferred tax assets quarterly to determine if a valuation allowance is required. In making such assessment, significant weight is given to evidence that can be objectively verified, such as recent operating results, and less consideration is given to less objective indicators such as future income projections. The Company files its tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by U.S. federal, state and local tax authorities. With limited exceptions, as of December 31, 2019 and June 30, 2019 , the Company is no longer subject to income tax audits by taxing authorities for any years prior to 2016. Although the outcome of tax audits is always uncertain, the Company does not believe the outcome of any future audit will have a material adverse effect on the Company’s condensed consolidated financial statements.

Net Income (loss) Per Common Sh

Net Income (loss) Per Common Share	6 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Net Income (loss) Per Common Share	Net Income (loss) Per Common Share Basic net income (loss) per common share is calculated by dividing net income (loss) attributable to the Company by the weighted average number of common shares outstanding during the periods presented. Diluted net income (loss) per common share is calculated by dividing diluted net income (loss) attributable to the Company by the weighted average number of common shares outstanding adjusted to include the effect, if dilutive, of the exercise of in-the-money stock options, unvested performance-based restricted stock units, and shares of Series A Preferred Stock, as converted, during the periods presented. The calculation of dilutive shares outstanding excludes out-of-the-money stock options (i.e., such option’s exercise prices were greater than the average market price of our common shares for the period) and unvested performance-based restricted stock units because their inclusion would be have been anti-dilutive. The following table presents the computation of basic and diluted earnings per common share: Three Months Ended December 31, Six Months Ended December 31, (In thousands, except share and per share amounts) 2019 2018 2019 2018 Undistributed net earnings (loss) available to common stockholders $ 7,595 $ (10,225 ) $ 12,104 $ (13,341 ) Undistributed net earnings (loss) available to nonvested restricted stockholders and holders of convertible preferred stock 21 (9 ) 29 (11 ) Net earnings (loss) available to common stockholders—basic $ 7,616 $ (10,234 ) $ 12,133 $ (13,352 ) Weighted average common shares outstanding—basic 17,159,108 16,985,157 17,127,153 16,971,995 Effect of dilutive securities: Shares issuable under stock options 1,236 — 1,819 — Shares issuable under PBRSUs 8,091 — 6,272 — Shares issuable under convertible preferred stock 414,900 — 414,900 — Weighted average common shares outstanding—diluted 17,583,335 16,985,157 17,550,144 16,971,995 Net earnings (loss) per common share available to common stockholders—basic $ 0.44 $ (0.60 ) $ 0.71 $ (0.79 ) Net earnings (loss) per common share available to common stockholders—diluted $ 0.43 $ (0.60 ) $ 0.69 $ (0.79 ) The following table summarizes anti-dilutive securities excluded from the computation of diluted net income (loss) per common share for the periods indicated: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 Shares issuable under stock options 190,117 201,543 121,113 165,013 Shares issuable under convertible preferred stock — 400,691 — 400,691 Shares issuable under PBRSUs 16,195 64,991 8,097 52,890

Preferred Stock Preferred Stock

Preferred Stock Preferred Stock	6 Months Ended
	Dec. 31, 2019
Preferred Stock [Abstract]
Preferred Stock	Preferred Stock The Company is authorized to issue 500,000 shares of preferred stock at a par value of $1.00 , including 21,000 authorized shares of Series A Preferred Stock. On October 2, 2017, the Company issued 14,700 shares of Series A Preferred Stock in connection with the Boyd Coffee acquisition. At December 31, 2019 , Series A Preferred Stock consisted of the following: (In thousands, except share and per share amounts) Shares Authorized Shares Issued and Outstanding Stated Value per Share Carrying Value Cumulative Preferred Dividends, Undeclared and Unpaid Liquidation Preference 21,000 14,700 $ 1,082 $ 15,899 $ 1,199 $ 15,899

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition	6 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company’s primary source of revenue are sales of coffee, tea and culinary products. The Company recognizes revenue when control of the promised good or service is transferred to the customer and in amounts that the Company expects to collect. The timing of revenue recognition takes into consideration the various shipping terms applicable to the Company’s sales. The Company delivers products to customers primarily through two methods, Direct-store-delivery (“DSD”) to the Company’s customers at their place of business and direct ship from the Company’s warehouse to the customer’s warehouse or facility. Each delivery or shipment made to a third party customer is to satisfy a performance obligation. Performance obligations generally occur at a point in time and are satisfied when control of the goods passes to the customer. The Company is entitled to collection of the sales price under normal credit terms in the regions in which it operates. The Company disaggregates net sales from contracts with customers based on the characteristics of the products sold: Three Months Ended December 31, 2019 2018 (In thousands) $ % of total $ % of total Net Sales by Product Category: Coffee (Roasted) $ 96,177 63.1 % $ 99,286 62.1 % Coffee (Frozen Liquid) 8,556 5.6 % 9,318 5.8 % Tea (Iced & Hot) 7,563 5.0 % 8,651 5.4 % Culinary 15,158 10.0 % 16,795 10.5 % Spice 6,126 4.0 % 6,002 3.8 % Other beverages(1) 17,299 11.3 % 18,915 11.8 % Other revenues(2) 946 0.6 % — — % Net sales by product category 151,825 99.6 % 158,967 99 % Fuel surcharge 673 0.4 % 806 0.6 % Net sales $ 152,498 100.0 % $ 159,773 100 % ____________ (1) Includes all beverages other than roasted coffee, frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee. (2) Represents revenues for certain transition services related to the sale of the Company’s office coffee assets. Six Months Ended December 31, 2019 2018 (In thousands) $ % of total $ % of total Net Sales by Product Category: Coffee (Roasted) $ 183,547 63.1 % $ 194,640 63.4 % Coffee (Frozen Liquid) 16,484 5.7 % 17,874 5.8 % Tea (Iced & Hot) 15,268 5.2 % 17,555 5.7 % Culinary 29,361 10.1 % 32,789 10.7 % Spice 12,332 4.2 % 12,160 4.0 % Other beverages(1) 30,032 10.3 % 30,541 9.9 % Other revenues(2) 2,701 0.9 % — — % Net sales by product category 289,725 99.5 % 305,559 99.5 % Fuel surcharge 1,373 0.5 % 1,654 0.5 % Net sales $ 291,098 100.0 % $ 307,213 100.0 % ___________ (1) Includes all beverages other than roasted coffee, frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee. (2) Represents revenues for certain transition services related to the sale of the Company’s office coffee assets. The Company does not have any material contract assets and liabilities as of December 31, 2019 . Receivables from contracts with customers are included in “Accounts receivable, net” on the Company’s condensed consolidated balance sheets. At December 31, 2019 and June 30, 2019 , “Accounts receivable, net” included, $57.7 million and $53.6 million , respectively, in receivables from contracts with customers.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies For a detailed discussion about the Company’s commitments and contingencies, see Note 22, “ Commitments and Contingencies ” in the Notes to Consolidated Financial Statements in the 2019 Form 10-K. During the six months ended December 31, 2019 , other than the following, or as otherwise disclosed in these footnotes in the current Form 10-Q, there were no material changes in the Company’s commitments and contingencies. Purchase Commitments As of December 31, 2019 , the Company had committed to purchase green coffee inventory totaling $60.7 million under fixed-price contracts, $6.2 million in other inventory under non-cancelable purchase orders and $5.4 million in other purchases under non-cancelable purchase orders. Legal Proceedings Council for Education and Research on Toxics (“CERT”) v. Brad Berry Company Ltd., et al., Superior Court of the State of California, County of Los Angeles On August 31, 2012, CERT filed an amendment to a private enforcement action adding a number of companies as defendants, including the Company’s subsidiary, Coffee Bean International, Inc., which sell coffee in California under the State of California's Safe Drinking Water and Toxic Enforcement Act of 1986 (“Prop 65”). The suit alleges that the defendants have failed to issue clear and reasonable warnings in accordance with Prop 65 that the coffee they produce, distribute, and sell contains acrylamide. This lawsuit was filed in Los Angeles Superior Court (the “Court”). CERT alleges that the Company and the other defendants failed to provide warnings for their coffee products of exposure to the chemical acrylamide as required under Prop 65. Plaintiff seeks equitable relief, including providing warnings to consumers of coffee products, as well as civil penalties in the amount of the statutory maximum of $2,500.00 per day per violation of Prop 65. The Plaintiff asserts that every consumed cup of coffee, absent a compliant warning, is equivalent to a violation under Prop 65. The Company, as part of a joint defense group (“JDG”) organized to defend against the lawsuit, disputes the claims of CERT. Acrylamide is not added to coffee but is present in all coffee in small amounts (parts per billion) as a byproduct of the coffee bean roasting process. Acrylamide is produced naturally in connection with the heating of many foods, especially starchy foods, and is believed to be caused by the Maillard reaction, though it has also been found in unheated foods such as olives. With respect to coffee, acrylamide is produced when coffee beans are heated during the roasting process-it is the roasting itself that produces the acrylamide. While there has been a significant amount of research concerning proposals for treatments and other processes aimed at reducing acrylamide content of different types of foods, to our knowledge there is currently no known strategy for reducing acrylamide in coffee without negatively impacting the sensorial properties of the product. The Company has asserted multiple affirmative defenses. Trial of the first phase of the case commenced on September 8, 2014, and was limited to three affirmative defenses shared by all defendants. On September 1, 2015, the trial court issued a final ruling adverse to defendants on all Phase 1 defenses. Trial of the second phase of the case commenced in the fall of 2017. On May 7, 2018, the trial court issued a ruling adverse to defendants on the Phase 2 defense, the Company's last remaining defense to liability. On June 22, 2018, the California Office of Environmental Health Hazard Assessment (OEHHA) proposed a new regulation clarifying that cancer warnings are not required for coffee under Proposition 65. The case was set to proceed to a third phase trial on damages, remedies and attorneys' fees on October 15, 2018. However, on October 12, 2018, the California Court of Appeal granted the defendants request for a stay of the Phase 3 trial. On June 3, 2019, the Office of Administrative Law (OAL) approved the coffee exemption regulation. The regulation became effective on October 1, 2019. On June 24, 2019, the Court of Appeal lifted the stay of the litigation. A status conference was held on July 11, 2019. The Court granted the JDG’s motion for leave to amend its answers to add the coffee exemption regulation as a defense. Concurrently, the Court denied CERT’s motion to add OEHHA as a party but granted CERT’s motions to complete the administrative record with respect to the exemption and to undertake certain third party discovery. A status conference was held November 12, 2019 to discuss discovery issues and dispositive motions. Plaintiff’s motion to compel OEHHA to add documents to the rulemaking file for the new coffee exemption regulation was denied. CERT continues to pursue third-party discovery with plans to file motions to compel appearances of proposed deponents. These motions, along with CERT’s eight summary judgment motions, were heard at a January 21, 2020 hearing where the Court denied several of CERT’s discovery requests. Further, the Court of Appeals scheduled a hearing on February 14, 2020 for additional discovery issues in the CERT vs OEHHA case. The JDG’s reply in support of its motion for summary judgment is currently due to the Court on March 16, 2020. Subsequent to the hearing on January 21, 2020, Plaintiff issued broad discovery against each of the defendants in hopes of opening up a third round of discovery. The discovery focuses on “additives to and “flavorings” in coffee. Objections to discovery requests are due March 2, 2020. At this time, the Company is not able to predict the probability of the outcome or estimate of loss, if any, related to this matter. The Company is a party to various other pending legal and administrative proceedings. It is management’s opinion that the outcome of such proceedings will not have a material impact on the Company’s financial position, results of operations, or cash flows.

Sales of Assets (Notes)

Sales of Assets (Notes)	6 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Sales of Assets	Sales of Assets Sale of Office Coffee Assets In order to focus on its core product offerings, in July 2019, the Company completed the sale of certain assets associated with its office coffee customers for $9.3 million in cash paid at the time of closing plus an earnout of up to an additional $2.3 million if revenue expectations are achieved during test periods scheduled to occur at various branches at various times and concluding by early third quarter of fiscal year 2020. The Company recognized an initial net gain on the asset sales of $7.2 million during the six months ended December 31, 2019 . The sale of office coffee assets did not represent a strategic shift for the Company and did not have a material impact on the Company's results of operations because the Company has signed a supply agreement to provide certain coffee products to the assets purchaser. Sale of Branch Properties During the six months ended December 31, 2019 , the Company completed the sale of five branch properties and entered into two operating lease agreements with the purchasers of two of the branch properties as detailed in the following table: (In thousands) Name of Branch Property Date Sold Sales Price Net Proceed Gain (loss) Long-Term Leaseback Lease Term Monthly Base Rent Seattle, Washington 8/28/2019 $ 7,900 $ 7,300 $ 6,800 No N/A N/A Indianapolis, Indiana 11/19/2019 $ 250 $ 186 $ (173 ) No N/A N/A Hayward, California(1) 12/23/2019 $ 7,050 $ 6,569 $ 2,016 Yes 5 years $ 28 Denver, Colorado(1) 12/31/2019 $ 2,300 $ 2,075 $ 1,989 Yes 7 years $ 17 Casper, Wyoming 12/31/2019 $ 385 $ 355 $ 304 No N/A N/A ___________ (1) Has an option to renew the lease for additional five years. Sale leaseback of Houston Facility In November 2019, the Company completed the sale of its Houston, Texas manufacturing facility and warehouse (the “Property”) for an aggregate purchase price, exclusive of closing costs, of $10.0 million . Cash proceeds from the sale of the Property were $9.0 million . The Company recognized a net gain on the Property sale of $7.3 million during the six months ended December 31, 2019 . The Property did not meet the accounting guidance criteria to be classified as discontinued operations. Following the close of the sale of the Property, the Company and the purchaser of the Property entered into a three -year leaseback agreement with respect to the Property for a base rent of $50,000 per month. The Company may terminate the leaseback no earlier than the first day of the eighteenth full calendar month of the term providing at least nine months’ notice. The purchaser of the Property does not have any material relationship with the Company or its subsidiaries.

Subsequent Event Subsequent Eve

Subsequent Event Subsequent Event	6 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Event	Subsequent Events The Company evaluated all events or transactions that occurred after December 31, 2019 through the date the condensed consolidated financial statements were issued. During this period the Company had the following material subsequent events that require disclosure: None.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States (“GAAP”) for complete consolidated financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the interim financial data have been included. Operating results for the three and six months ended December 31, 2019 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2020 . Events occurring subsequent to December 31, 2019 have been evaluated for potential recognition or disclosure in the unaudited condensed consolidated financial statements for the three and six months ended December 31, 2019 . The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019 , filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2019 (the “2019 Form 10-K”). For a detailed discussion about the Company’s significant accounting policies, see Note 2, “ Summary of Significant Accounting Policies, ” in the Notes to Consolidated Financial Statements in the 2019 Form 10-K. During the three and six months ended December 31, 2019 , other than as set forth below and the adoption of Financial Accounting Standards Board Accounting (“FASB”) Standards Update (“ASU”) ASU No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”), there were no significant updates made to the Company’s significant accounting policies.
Consolidation, Policy	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its direct and indirect wholly owned subsidiaries FBC Finance Company, a California corporation, Coffee Bean Holding Co., Inc., a Delaware corporation, the parent company of Coffee Bean International, Inc., an Oregon corporation (“CBI”), CBI, China Mist Brands, Inc., a Delaware corporation, Boyd Assets Co., a Delaware corporation, and Coffee Bean International LLC, a Delaware limited liability company. All inter-company balances and transactions have been eliminated.
Use of Estimates, Policy	Use of Estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. The Company reviews its estimates on an ongoing basis using currently available information. Changes in facts and circumstances may result in revised estimates and actual results may differ from those estimates.
Concentration of Credit Risk	Concentration of Credit Risk At December 31, 2019 and June 30, 2019 , the financial instruments which potentially expose the Company to concentration of credit risk consist of cash in financial institutions (in excess of federally insured limits), derivative instruments and trade receivables. The Company does not have any credit-risk related contingent features that would require it to post additional collateral in support of its net derivative liability positions. At December 31, 2019 and June 30, 2019 , none of the cash in the Company’s coffee-related derivative margin accounts was restricted. Further changes in commodity prices and the number of coffee-related derivative instruments held, could have a significant impact on cash deposit requirements under certain of the Company's broker and counterparty agreements. Approximately 34% and 28% of the Company’s trade accounts receivable balance was with five customers at December 31, 2019 and June 30, 2019 , respectively. The Company estimates its maximum credit risk for accounts receivable at the amount recorded on the balance sheet. The trade accounts receivables are generally short-term and all probable bad debt losses have been appropriately considered in establishing the allowance for doubtful accounts.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued. ASUs not listed below were assessed and either determined to be not applicable or expected to have minimal impact on its condensed consolidated financial statements. The following table provides a brief description of the applicable recent ASUs issued by the FASB: Standard Description Effective Date Effect on the Financial Statements or Other Significant Matters In August 2018, the FASB issued ASU No. 2018-15, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract” (“ASU 2018-15”). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Annual periods beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted, including adoption in any interim period. Effective for the Company beginning July 1, 2020. The Company is currently evaluating the impact ASU 2018-15 will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, “Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans” (“ASU 2018-14”). ASU 2018-14 modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans by removing disclosures that no longer are considered cost beneficial, clarifying the specific requirements of disclosures and adding disclosure requirements identified as relevant. Annual periods beginning after December 15, 2020. Early adoption is permitted. Effective for the Company beginning July 1, 2021. The Company is currently evaluating the impact ASU 2018-14 will have on its consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”). ASU 2018-02 provides entities an option to reclassify certain stranded tax effects resulting from the tax reform from accumulated other comprehensive income to retained earnings. The guidance in ASU 2018-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those fiscal years, and should be applied either in the period of adoption or retrospectively. The Company did not elect the option to reclassify certain stranded tax effects resulting from the tax reform from accumulated other comprehensive income to retained earnings. In January 2017, the FASB issued ASU No. 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”). The amendments in ASU 2017-04 address concerns regarding the cost and complexity of the two-step goodwill impairment test, and remove the second step of the test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Annual and interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Effective for the Company beginning July 1, 2020. Adoption of ASU 2017-04 is not expected to have a material effect on the results of operations, financial position or cash flows of the Company. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Since that date, the FASB has issued additional ASUs clarifying certain aspects of ASU 2016-13. The objective of the guidance in ASU 2016-13 is to allow entities to recognize estimated credit losses in the period that the change in valuation occurs. The amendments in ASU 2016-13 requires an entity to present financial assets measured on an amortized cost basis on the balance sheet net of an allowance for credit losses. The model requires an estimate of the credit losses expected over the life of an exposure or pool of exposures. The income statement will reflect the measurement of credit losses for newly recognized financial assets, as well as the expected increases or decreases of expected credit losses that have taken place during the period. Annual reporting periods beginning after December 15, 2019 and interim periods within those reporting periods. Effective for the Company beginning July 1, 2020. The Company is currently evaluating the impact of adoption on its financial statements and related disclosures, but does not anticipate a material impact to the consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases. Since that date, the FASB has issued additional ASUs clarifying certain aspects of ASU 2016-02. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases. Subsequent guidance issued after February 2016 did not change the core principle of ASU 2016-02. Annual periods beginning after December 15, 2018, and interim periods within those annual periods. Early application is permitted. The Company adopted the new guidance effective July 1, 2019, using the modified retrospective transition method, which did not require the Company to adjust comparative periods. See Note 3 for the applicable disclosure of ASU 2016-02 adoption. .

Leases (Tables)

Leases (Tables)	6 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Assets And Liabilities, Lessee	Lease term and discount rate: December 31, 2019 Weighted-average remaining lease terms (in years): Operating lease 8.8 Finance lease 0.7 Weighted-average discount rate: Operating lease 4.50 % Finance lease 4.50 % Supplemental unaudited consolidated balance sheet information related to leases is as follows: Classification December 31, 2019 (In thousands) Operating lease assets Right-of-use operating lease assets $ 19,696 Finance lease assets Property, plant and equipment, net 34 Total lease assets $ 19,730 Operating lease liabilities - current Operating lease liabilities - current $ 5,571 Operating lease liabilities - noncurrent Operating lease liabilities - noncurrent 14,318 Finance lease liabilities Other long-term liabilities 35 Total lease liabilities $ 19,924
Lease, Cost	The components of lease expense are as follows: Three Months Ended December 31, Six Months Ended December 31, Classification 2019 2019 (In thousands) Operating lease expense General and administrative expenses and cost of goods sold $ 1,253 $ 2,363 Finance lease expense: Amortization of finance lease assets General and administrative expenses 13 26 Interest on finance lease liabilities Interest expense — 1 Total lease expense $ 1,266 $ 2,390 Other Information: Six Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,165 Operating cash flows from finance leases $ 1 Financing cash flows from finance leases $ 25 Leased assets obtained in exchange for new finance lease liabilities $ — Leased assets obtained in exchange for new operating lease liabilities $ —
Lessee, Operating Lease, Liability, Maturity	December 31, 2019 (In thousands) Operating Leases Finance Leases Maturities of lease liabilities are as follows: 2020 $ 2,826 $ 27 2021 5,102 9 2022 3,631 — 2023 2,995 — 2024 2,699 — Thereafter 5,375 — Total lease payments 22,628 36 Less: interest (2,739 ) (1 ) Total lease obligations $ 19,889 $ 35
Schedule of Future Minimum Rental Payments for Operating Leases	The minimum annual payments under operating and capital leases as of June 30, 2019 are as follows: (In thousands) Operating Capital Year Ended June 30, 2020 $ 4,434 $ 36 2021 3,238 1 2022 2,472 — 2023 2,131 — 2024 2,025 — Thereafter 4,389 — Total minimum lease payments $ 18,689 37 Less: imputed interest (2 ) Present value of future minimum lease payments 35 Less: current portion (34 ) Long-term capital lease obligations $ 1

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Positions	The following table summarizes the notional volumes for the coffee-related derivative instruments held by the Company at December 31, 2019 and June 30, 2019 : (In thousands) December 31, 2019 June 30, 2019 Derivative instruments designated as cash flow hedges: Long coffee pounds 40,725 42,113 Derivative instruments not designated as cash flow hedges: Long coffee pounds 1,238 6,070 Total 41,963 48,183
Schedule of Fair Values of Derivative Instruments on the Consolidated Balance Sheets	Fair values of derivative instruments on the Company’s condensed consolidated balance sheets: Derivative Instruments Designated as Cash Flow Hedges Derivative Instruments Not Designated as Accounting Hedges December 31, 2019 June 30, 2019 December 31, 2019 June 30, 2019 (In thousands) Financial Statement Location: Short-term derivative assets: Coffee-related derivative instruments(1) $ 8,718 $ 1,254 $ 333 $ 611 Long-term derivative assets: Coffee-related derivative instruments (2) $ 443 $ 671 $ — $ 3 Short-term derivative liabilities: Coffee-related derivative instruments (3) $ 1 $ 1,114 $ 7 $ 114 Interest rate swap derivative instruments (3) $ 360 $ 246 $ — $ — Long-term derivative liabilities: Coffee-related derivative instruments (4) $ — $ 13 $ — $ — Interest rate swap derivative instruments (4) $ 1,069 $ 1,599 $ — $ — ________________ (1) Included in “Short-term derivative assets” on the Company’s condensed consolidated balance sheets. (2) Included in “Long-term derivative assets” on the Company's condensed consolidated balance sheets. (3) Included in “Short-term liabilities” on the Company's condensed consolidated balance sheets. (4) Included in “Other long-term liabilities” on the Company's condensed consolidated balance sheets.
Schedule of Pretax Effect of Derivative Instruments on Earnings and OCI	The following table presents pretax net gains and losses for the Company's derivative instruments designated as cash flow hedges, as recognized in “AOCI,” “Cost of goods sold” and “Other, net”. Three Months Ended December 31, Six Months Ended December 31, Financial Statement Classification (In thousands) 2019 2018 2019 2018 Net gains (losses) recognized in AOCI - Interest rate swap $ 448 $ — $ (48 ) $ — AOCI Net losses recognized from AOCI to earnings - Interest rate swap $ (52 ) $ — $ (32 ) $ — Interest Expense Net losses reclassified from AOCI to earnings for partial unwind of our interest swap - Interest rate swap (1) $ (407 ) $ — $ (407 ) $ — Interest Expense Net gains (losses) recognized in AOCI - Coffee-related $ 12,130 $ 1,005 $ 7,431 $ (7,188 ) AOCI Net losses recognized in earnings - Coffee - related $ (3,451 ) $ (2,217 ) $ (6,922 ) $ (4,179 ) Cost of goods sold
Schedule of Net Realized and Unrealized Gains and Losses Recorded in 'Other, net'	Net gains and losses recorded in “Other, net” are as follows: Three Months Ended December 31, Six Months Ended December 31, (In thousands) 2019 2018 2019 2018 Net losses on coffee-related derivative instruments(1) $ 419 $ (920 ) $ (624 ) $ (2,025 ) Non-operating pension and other postretirement benefit plans cost (2) 1,248 1,763 2,496 3,526 Other (losses) gains, net (5 ) 110 (7 ) 109 Other, net $ 1,662 $ 953 $ 1,865 $ 1,610 ___________ (1) Excludes net gains and losses on coffee-related derivative instruments designated as cash flow hedges recorded in cost of goods sold in the three and six months ended December 31, 2019 and 2018 . (2) Presented in accordance with ASU 2017-07.
Schedule of Offsetting Assets	The following table presents the Company’s net exposure from its offsetting derivative asset and liability positions, as well as cash collateral on deposit with its counterparties as of the reporting dates indicated: (In thousands) Gross Amount Reported on Balance Sheet Netting Adjustments Cash Collateral Posted Net Exposure December 31, 2019 Derivative Assets $ 9,494 $ (8 ) $ — $ 9,486 Derivative Liabilities $ (1,437 ) $ (8 ) $ — $ (1,445 ) June 30, 2019 Derivative Assets $ 2,539 $ (698 ) $ — $ 1,841 Derivative Liabilities $ 3,086 $ (698 ) $ — $ 2,388
Schedule of Offsetting Liabilities	The following table presents the Company’s net exposure from its offsetting derivative asset and liability positions, as well as cash collateral on deposit with its counterparties as of the reporting dates indicated: (In thousands) Gross Amount Reported on Balance Sheet Netting Adjustments Cash Collateral Posted Net Exposure December 31, 2019 Derivative Assets $ 9,494 $ (8 ) $ — $ 9,486 Derivative Liabilities $ (1,437 ) $ (8 ) $ — $ (1,445 ) June 30, 2019 Derivative Assets $ 2,539 $ (698 ) $ — $ 1,841 Derivative Liabilities $ 3,086 $ (698 ) $ — $ 2,388

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis	Assets and liabilities measured and recorded at fair value on a recurring basis were as follows: (In thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Derivative instruments designated as cash flow hedges: Coffee-related derivative assets (1) $ 9,161 $ — $ 9,161 $ — Coffee-related derivative liabilities (1) $ 1 $ — $ 1 $ — Interest rate swap derivative liabilities (2) $ 1,429 $ — $ 1,429 $ — Derivative instruments not designated as accounting hedges: Coffee-related derivative assets(1) $ 333 $ — $ 333 $ — Coffee-related derivative liabilities(1) $ 7 $ — $ 7 $ — (In thousands) Total Level 1 Level 2 Level 3 June 30, 2019 Derivative instruments designated as cash flow hedges: Coffee-related derivative assets (1) $ 1,925 $ — $ 1,925 $ — Coffee-related derivative liabilities (1) $ 1,127 $ — $ 1,127 $ — Interest rate swap derivative liabilities (2) $ 1,845 $ — $ 1,845 $ — Derivative instruments not designated as accounting hedges: Coffee-related derivative assets (1) $ 614 $ — $ 614 $ — Coffee-related derivative liabilities (1) $ 114 $ — $ 114 $ — ____________________

Accounts Receivable, net (Table

Accounts Receivable, net (Tables)	6 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	(In thousands) December 31, 2019 June 30, 2019 Trade receivables $ 57,652 $ 53,593 Other receivables(1) 3,293 2,886 Allowance for doubtful accounts (541 ) (1,324 ) Accounts receivable, net $ 60,404 $ 55,155 __________ (1) Includes vendor rebates and other non-trade receivables.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	(In thousands) December 31, 2019 June 30, 2019 Coffee Processed $ 27,492 $ 25,769 Unprocessed 30,337 33,259 Total $ 57,829 $ 59,028 Tea and culinary products Processed $ 19,385 $ 21,767 Unprocessed 94 74 Total $ 19,479 $ 21,841 Coffee brewing equipment parts $ 7,826 $ 7,041 Total inventories $ 85,134 $ 87,910

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	(In thousands) December 31, 2019 June 30, 2019 Buildings and facilities (1) $ 100,316 $ 107,915 Machinery and equipment (1) 243,397 249,477 Capitalized software 28,770 27,666 Office furniture and equipment 13,858 14,035 $ 386,341 $ 399,093 Accumulated depreciation (227,671 ) (225,826 ) Land 13,313 16,191 Property, plant and equipment, net $ 171,983 $ 189,458 __________ (1) Decrease as of December 31, 2019 is due to the sale of assets. See Note 21 for details. Coffee Brewing Equipment (“CBE”) and Service Capitalized CBE included in machinery and equipment above are: (In thousands) December 31, 2019 June 30, 2019 Coffee Brewing Equipment $ 103,520 $ 106,593 Accumulated depreciation (69,581 ) $ (70,202 ) Coffee Brewing Equipment, net $ 33,939 $ 36,391 Depreciation expense related to capitalized CBE and other CBE related expenses (excluding CBE depreciation) provided to customers and reported in cost of goods sold were as follows: Three Months Ended December 31, Six Months Ended December 31, (In thousands) 2019 2018 2019 2018 Depreciation expense $ 2,327 $ 2,201 $ 4,666 $ 4,396 Other CBE expenses $ 8,446 $ 8,410 $ 16,171 $ 16,916

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure	The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill: December 31, 2019 June 30, 2019 (In thousands) Weighted Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Amortized intangible assets: Customer relationships 7.3 $ 33,003 $ (16,391 ) $ 16,612 $ 33,003 $ (15,291 ) $ 17,712 Non-compete agreements 2.2 220 (142 ) 78 220 (122 ) 98 Recipes 3.8 930 (420 ) 510 930 (354 ) 576 Trade name/brand name 4.5 510 (365 ) 145 510 (346 ) 164 Total amortized intangible assets $ 34,663 $ (17,318 ) $ 17,345 $ 34,663 $ (16,113 ) $ 18,550 Unamortized intangible assets: Trademarks, trade names and brand name with indefinite lives $ 10,328 $ — $ 10,328 $ 10,328 $ — $ 10,328 Total unamortized intangible assets $ 10,328 $ — $ 10,328 $ 10,328 $ — $ 10,328 Total intangible assets $ 44,991 $ (17,318 ) $ 27,673 $ 44,991 $ (16,113 ) $ 28,878

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
Schedule of Net Periodic Benefit Costs	The net periodic benefit cost for the defined benefit pension plans is as follows: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Service cost $ — $ — $ — $ — Interest cost 1,059 1,426 2,118 2,852 Expected return on plan assets (1,102 ) (1,485 ) (2,203 ) (2,970 ) Amortization of net loss(1) 370 370 740 740 Pension settlement charge — 10,948 — 10,948 Net periodic benefit cost $ 327 $ 11,259 $ 655 $ 11,570 ___________ (1) These amounts represent the estimated portion of the net loss in AOCI that is expected to be recognized as a component of net periodic benefit cost over the current fiscal year. Contributions made by the Company to the multiemployer pension plans were as follows: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Contributions $ 452 $ 283 $ 880 $ 778 Outstanding balance of settlement obligations of the Company to certain multiemployer pension plans are as follows: (In thousands) December 31, 2019 June 30, 2019 WCT Pension Trust (1) $ 344 $ 1,487 Local 807 Pension Fund (2) $ 182 $ 182 __________ (1) Initial liability amount of $3.4 million , including interest, commencing in September 10, 2018, payable in 17 monthly installments of $190,507 followed by a final monthly installment of $153,822 in February 2020. (2) Lump sum cash settlement payment of $3.0 million plus two remaining installment payments of $91,000 due on or before October 1, 2034 and on or before January 1, 2035. As of December 31, 2019 , the Company has paid the Local 807 Pension Fund $3.0 million and has accrued $0.2 million within “Accrued pension liabilities” on the Company’s condensed consolidated balance sheet. The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit for the three and six months ended December 31, 2019 and 2018 . Net periodic postretirement benefit cost was based on employee census information and asset information as of June 30, 2019 . Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 (In thousands) Components of Net Periodic Postretirement Benefit Cost (Credit): Service cost $ 147 $ 133 $ 294 $ 266 Interest cost 214 222 428 444 Amortization of net gain (125 ) (209 ) (250 ) (418 ) Amortization of prior service credit (392 ) (439 ) (784 ) (878 ) Net periodic postretirement benefit credit $ (156 ) $ (293 ) $ (312 ) $ (586 )
Defined Benefit Plan, Assumptions	Weighted-Average Assumptions Used to Determine Net Periodic Postretirement Benefit Cost Fiscal 2020 2019 Retiree Medical Plan discount rate 3.62% 4.25% Death Benefit discount rate 3.64% 4.25% Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost December 31, 2019 June 30, 2019 Discount rate 3.45% 4.05% Expected long-term return on plan assets 6.75% 6.75%

Debt Obligations (Tables)

Debt Obligations (Tables)	6 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Debt	The following table summarizes the Company’s debt obligations: December 31, 2019 June 30, 2019 (In thousands) Debt Origination Date Maturity Original Borrowing Amount Carrying Value Weighted Average Interest Rate Carrying Value Weighted Average Interest Rate Credit Facility Revolver 11/6/2023 N/A $ 70,000 4.05 % $ 92,000 3.98 %

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Tables)	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity	December 31, 2019 June 30, 2019 Allocated shares 1,393,530 1,393,530 Committed to be released shares — — Unallocated shares — — Total ESOP shares 1,393,530 1,393,530 (In thousands) Fair value of ESOP shares $ 20,987 $ 22,812

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Following are the assumptions used in the Black-Scholes valuation model for NQOs granted during the six months ended December 31, 2019 : Six Months Ended December 31, 2019 Weighted average fair value of NQOs $ 4.65 Risk-free interest rate 1.7 % Dividend yield — % Average expected term 4.6 years Expected stock price volatility 35.4 %
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes NQO activity for the six months ended December 31, 2019 : Outstanding NQOs: Number of NQOs Weighted Average Exercise Price ($) Weighted Average Remaining Life (Years) Aggregate Intrinsic Value ($ in thousands) Outstanding at June 30, 2019 198,049 27.35 5.25 40 Granted 431,344 14.48 — — Exercised (10,360 ) 12.48 — 28 Forfeited (104,288 ) 27.28 — — Expired (27,970 ) 31.66 — — Outstanding at December 31, 2019 486,775 16.03 6.54 432 Exercisable at December 31 , 2019 30,074 28.96 3.76 — The following table summarizes PNQ activity for the six months ended December 31, 2019 : Outstanding PNQs: Number of PNQs Weighted Average Exercise Price ($) Weighted Average Remaining Life (Years) Aggregate Intrinsic Value ($ in thousands) Outstanding at June 30, 2019 229,961 26.21 1.23 — Granted — — — — Exercised — — — — Forfeited (6,212 ) 32.85 — — Expired (202,753 ) 25.67 — — Outstanding at December 31, 2019 20,996 29.39 1.92 — Exercisable at December 31 , 2019 12,730 27.95 1.78 —
Schedule of Share-based Compensation, Nonvested Restricted Stock Shares Activity	The following table summarizes restricted stock activity for the six months ended December 31, 2019 : Outstanding and Nonvested Restricted Stock Awards: Shares Awarded Weighted Average Grant Date Fair Value ($) Outstanding and nonvested at June 30, 2019 32,056 21.10 Granted 48,654 15.05 Vested/Released (18,298 ) 23.98 Cancelled/Forfeited (1,704 ) 31.70 Outstanding and nonvested at December 31, 2019 60,708 15.66
Schedule of Nonvested Performance-Based Restricted Stock Units Activity	The following table summarizes PBRSU activity for the six months ended December 31, 2019 : Outstanding and Nonvested PBRSUs: PBRSUs Awarded(1) Weighted Average Grant Date Fair Value ($) Outstanding and nonvested at June 30, 2019 51,237 27.69 Granted(1) 76,256 14.42 Vested/Released — — Cancelled/Forfeited (36,049 ) 27.92 Outstanding and nonvested at December 31, 2019 91,444 16.54 _____________ (1) The target number of PBRSUs is presented in the table. Under the terms of the awards, the recipient may earn between 0% and 200% of the target number of PBRSUs depending on the extent to which the Company meets or exceeds the achievement of the applicable financial performance goals.

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	6 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Schedule of Other Current Liabilities	Other current liabilities consist of the following: (In thousands) December 31, 2019 June 30, 2019 Accrued postretirement benefits $ 1,068 $ 1,068 Accrued workers’ compensation liabilities 1,681 1,495 Cumulative preferred dividends, undeclared and unpaid (4) 1,198 305 Earnout payable (1) — 1,000 Working capital dispute payable(2) 354 354 Other (3) 3,681 3,087 Other current liabilities $ 7,982 $ 7,309 __ _________ (1) Represents estimated fair value of earnout payable in connection with the Company’s acquisition of substantially all of the assets of West Coast Coffee completed on February 7, 2017. (2) Represents accrued expenses related to working capital disputes in connection with the Company's acquisition of Boyd Coffee on October 2, 2017. (3) Includes accrued property taxes, sales and use taxes and insurance liabilities. (4) Per the agreement, all the cumulative preferred dividends, undeclared and unpaid are now payable. Therefore, the previously accrued long-term portion has been reclassified to current liabilities.

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	6 Months Ended
	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities	Other long-term liabilities include the following: (In thousands) December 31, 2019 June 30, 2019 Finance lease liabilities $ 35 $ 32 Derivative liabilities—noncurrent 1,068 1,612 Performance Cash Awards Liability 17 — Cumulative preferred dividends, undeclared and unpaid—noncurrent — 618 Deferred income taxes and other liabilities(1) 2,027 1,795 Other long-term liabilities $ 3,147 $ 4,057 ___________ (1) Includes deferred tax liabilities that have an indefinite reversal pattern.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Tax	The income tax expense (benefit) and the related effective tax rates are as follows (in thousands, except effective tax rate): Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 Income tax benefit $ (81 ) $ (2,725 ) $ (188 ) $ (4,012 ) Effective tax rate (1.1 )% 21.0 % (1.5 )% 23.3 %

Net Income (loss) Per Common _2

Net Income (loss) Per Common Share (Tables)	6 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) Per Common Share, Basic and Diluted	The following table presents the computation of basic and diluted earnings per common share: Three Months Ended December 31, Six Months Ended December 31, (In thousands, except share and per share amounts) 2019 2018 2019 2018 Undistributed net earnings (loss) available to common stockholders $ 7,595 $ (10,225 ) $ 12,104 $ (13,341 ) Undistributed net earnings (loss) available to nonvested restricted stockholders and holders of convertible preferred stock 21 (9 ) 29 (11 ) Net earnings (loss) available to common stockholders—basic $ 7,616 $ (10,234 ) $ 12,133 $ (13,352 ) Weighted average common shares outstanding—basic 17,159,108 16,985,157 17,127,153 16,971,995 Effect of dilutive securities: Shares issuable under stock options 1,236 — 1,819 — Shares issuable under PBRSUs 8,091 — 6,272 — Shares issuable under convertible preferred stock 414,900 — 414,900 — Weighted average common shares outstanding—diluted 17,583,335 16,985,157 17,550,144 16,971,995 Net earnings (loss) per common share available to common stockholders—basic $ 0.44 $ (0.60 ) $ 0.71 $ (0.79 ) Net earnings (loss) per common share available to common stockholders—diluted $ 0.43 $ (0.60 ) $ 0.69 $ (0.79 ) The following table summarizes anti-dilutive securities excluded from the computation of diluted net income (loss) per common share for the periods indicated: Three Months Ended December 31, Six Months Ended December 31, 2019 2018 2019 2018 Shares issuable under stock options 190,117 201,543 121,113 165,013 Shares issuable under convertible preferred stock — 400,691 — 400,691 Shares issuable under PBRSUs 16,195 64,991 8,097 52,890

Preferred Stock (Tables)

Preferred Stock (Tables)	6 Months Ended
	Dec. 31, 2019
Preferred Stock [Abstract]
Schedule of Auction Market Preferred Securities by Stock Series	At December 31, 2019 , Series A Preferred Stock consisted of the following: (In thousands, except share and per share amounts) Shares Authorized Shares Issued and Outstanding Stated Value per Share Carrying Value Cumulative Preferred Dividends, Undeclared and Unpaid Liquidation Preference 21,000 14,700 $ 1,082 $ 15,899 $ 1,199 $ 15,899

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	he Company disaggregates net sales from contracts with customers based on the characteristics of the products sold: Three Months Ended December 31, 2019 2018 (In thousands) $ % of total $ % of total Net Sales by Product Category: Coffee (Roasted) $ 96,177 63.1 % $ 99,286 62.1 % Coffee (Frozen Liquid) 8,556 5.6 % 9,318 5.8 % Tea (Iced & Hot) 7,563 5.0 % 8,651 5.4 % Culinary 15,158 10.0 % 16,795 10.5 % Spice 6,126 4.0 % 6,002 3.8 % Other beverages(1) 17,299 11.3 % 18,915 11.8 % Other revenues(2) 946 0.6 % — — % Net sales by product category 151,825 99.6 % 158,967 99 % Fuel surcharge 673 0.4 % 806 0.6 % Net sales $ 152,498 100.0 % $ 159,773 100 % ____________ (1) Includes all beverages other than roasted coffee, frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee. (2) Represents revenues for certain transition services related to the sale of the Company’s office coffee assets. Six Months Ended December 31, 2019 2018 (In thousands) $ % of total $ % of total Net Sales by Product Category: Coffee (Roasted) $ 183,547 63.1 % $ 194,640 63.4 % Coffee (Frozen Liquid) 16,484 5.7 % 17,874 5.8 % Tea (Iced & Hot) 15,268 5.2 % 17,555 5.7 % Culinary 29,361 10.1 % 32,789 10.7 % Spice 12,332 4.2 % 12,160 4.0 % Other beverages(1) 30,032 10.3 % 30,541 9.9 % Other revenues(2) 2,701 0.9 % — — % Net sales by product category 289,725 99.5 % 305,559 99.5 % Fuel surcharge 1,373 0.5 % 1,654 0.5 % Net sales $ 291,098 100.0 % $ 307,213 100.0 % ___________ (1) Includes all beverages other than roasted coffee, frozen liquid coffee, and iced and hot tea, including cappuccino, cocoa, granitas, and concentrated and ready-to drink cold brew and iced coffee. (2) Represents revenues for certain transition services related to the sale of the Company’s office coffee assets.

Sales of Assets (Tables)

Sales of Assets (Tables)	6 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Assets held-for-sale	During the six months ended December 31, 2019 , the Company completed the sale of five branch properties and entered into two operating lease agreements with the purchasers of two of the branch properties as detailed in the following table: (In thousands) Name of Branch Property Date Sold Sales Price Net Proceed Gain (loss) Long-Term Leaseback Lease Term Monthly Base Rent Seattle, Washington 8/28/2019 $ 7,900 $ 7,300 $ 6,800 No N/A N/A Indianapolis, Indiana 11/19/2019 $ 250 $ 186 $ (173 ) No N/A N/A Hayward, California(1) 12/23/2019 $ 7,050 $ 6,569 $ 2,016 Yes 5 years $ 28 Denver, Colorado(1) 12/31/2019 $ 2,300 $ 2,075 $ 1,989 Yes 7 years $ 17 Casper, Wyoming 12/31/2019 $ 385 $ 355 $ 304 No N/A N/A ___________ (1) Has an option to renew the lease for additional five years.

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2019
Leases [Abstract]
Lessee, Operating Lease, Term of Contract		10 years
Lessee, Operating Lease, Renewal Term		20 years
Payments for Rent	$ 6.4

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019	Jul. 01, 2019
Property, Plant and Equipment
% of total	100.00%	100.00%	100.00%	100.00%
Right-of-use operating lease assets	$ 19,696		$ 19,696		$ 0	$ 16,300
Operating Lease, Liability	$ 19,889		$ 19,889			$ 16,300
Accounts Receivable | Five Customers
Property, Plant and Equipment
% of total			34.00%		28.00%

Leases - Balance Sheet (Details

Leases - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jul. 01, 2019	Jun. 30, 2019
Leases [Abstract]
Right-of-use operating lease assets	$ 19,696	$ 16,300	$ 0
Finance Lease, Right-of-Use Asset	34
Leases, Right Of Use Assets	19,730
Operating Lease, Liability, Current	5,571		0
Operating lease liabilities - noncurrent	14,318		0
Finance Lease, Liability, Noncurrent	35		$ 32
Leases, Liabilities	$ 19,924

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2019
Leases [Abstract]
Operating Lease, Cost	$ 1,253	$ 2,363
Finance Lease, Right-of-Use Asset, Amortization	13	26
Finance Lease, Interest Expense	0	1
Lease, Cost	$ 1,266	$ 2,390

Leases - Lease Obligations (Det

Leases - Lease Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jul. 01, 2019
Operating Leases
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 2,826
Lessee, Operating Lease, Liability, Payments, Due Year Two	5,102
Lessee, Operating Lease, Liability, Payments, Due Year Three	3,631
Lessee, Operating Lease, Liability, Payments, Due Year Four	2,995
Lessee, Operating Lease, Liability, Payments, Due Year Five	2,699
Lessee, Operating Lease, Liability, Payments, Due after Year Five	5,375
Lessee, Operating Lease, Liability, Payments, Due	22,628
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(2,739)
Operating Lease, Liability	19,889	$ 16,300
Finance Leases
Finance Lease, Liability, Payments, Remainder of Fiscal Year	27
Finance Lease, Liability, Payments, Due Year Two	9
Finance Lease, Liability, Payments, Due Year Three	0
Finance Lease, Liability, Payments, Due Year Four	0
Finance Lease, Liability, Payments, Due Year Five	0
Finance Lease, Liability, Payments, Due after Year Five	0
Finance Lease, Liability, Payment, Due	36
Finance Lease, Liability, Undiscounted Excess Amount	(1)
Finance Lease, Liability	$ 35

Leases - Weighted Average Infor

Leases - Weighted Average Information (Details)	Dec. 31, 2019
Leases [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	8 years 9 months 23 days
Finance Lease, Weighted Average Remaining Lease Term	7 months 60 days
Operating Lease, Weighted Average Discount Rate, Percent	4.50%
Finance Lease, Weighted Average Discount Rate, Percent	4.50%

Leases - Cash Flow Information

Leases - Cash Flow Information (Details)	6 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating Lease, Payments	$ 2,165,000
Finance Lease, Interest Payment on Liability	1,000
Finance Lease, Principal Payments	25,000
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	0
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 0

Leases - Minimum Annual Payment

Leases - Minimum Annual Payments (Details) $ in Thousands	Jun. 30, 2019USD ($)
Operating Lease Obligations
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 4,434
Operating Leases, Future Minimum Payments, Due in Two Years	3,238
Operating Leases, Future Minimum Payments, Due in Three Years	2,472
Operating Leases, Future Minimum Payments, Due in Four Years	2,131
Operating Leases, Future Minimum Payments, Due in Five Years	2,025
Operating Leases, Future Minimum Payments, Due Thereafter	4,389
Operating Leases, Future Minimum Payments Due	18,689
Capital Lease Obligations
Capital Leases, Future Minimum Payments Due, Next Twelve Months	36
Capital Leases, Future Minimum Payments Due in Two Years	1
Capital Leases, Future Minimum Payments Due in Three Years	0
Capital Leases, Future Minimum Payments Due in Four Years	0
Capital Leases, Future Minimum Payments Due in Five Years	0
Capital Leases, Future Minimum Payments Due Thereafter	0
Capital Leases, Future Minimum Payments Due	37
Less: imputed interest (0.82% to 10.66%)	(2)
Capital Lease Obligations	35
Capital Lease Obligations, Current	(34)
Capital Lease Obligations, Noncurrent	$ 1

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Notional Volumes of Derivative Instruments (Details) - lb lb in Thousands	Dec. 31, 2019	Jun. 30, 2019
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(41,963)	(48,183)
Cash Flow Hedging | Designated as Hedging Instrument
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(40,725)	(42,113)
Cash Flow Hedging | Not Designated as Hedging Instrument | Long
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(1,238)	(6,070)

Derivative Instruments - Fair V

Derivative Instruments - Fair Value of Derivative Instruments on the Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Designated as Cash Flow Hedges | Short-term Investments | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	$ 8,718	$ 1,254
Designated as Cash Flow Hedges | Long-term Derivative Assets | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	443	671
Designated as Cash Flow Hedges | Short-Term Derivative Liabilities | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	1	1,114
Designated as Cash Flow Hedges | Long-term derivative liabilities | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	13
Not Designated as Hedging Instrument | Short-term Investments
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	333	611
Not Designated as Hedging Instrument | Long-term Derivative Assets
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	0	3
Not Designated as Hedging Instrument | Short-Term Derivative Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	7	114
Not Designated as Hedging Instrument | Long-term derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	0
Interest Rate Swap | Designated as Cash Flow Hedges | Short-Term Derivative Liabilities | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	360	246
Interest Rate Swap | Designated as Cash Flow Hedges | Long-term derivative liabilities | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	1,069	1,599
Interest Rate Swap | Not Designated as Hedging Instrument | Short-Term Derivative Liabilities
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	0	0
Interest Rate Swap | Not Designated as Hedging Instrument | Long-term derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	$ 0	$ 0

Derivative Instruments - Pretax

Derivative Instruments - Pretax Effect of Derivative Instruments on Earnings and OCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	$ 448	$ 0	$ (48)	$ 0
Coffee - related
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	12,130	1,005	7,431	(7,188)
Interest Expense | Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	(52)	0	(32)	0
Other Comprehensive Income (Loss), Cash Flow Hedge, Reclassification for Discontinuance, before Tax	407	0	407	0
Cost of goods sold | Coffee - related
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	$ (3,451)	$ (2,217)	$ (6,922)	$ (4,179)

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($)	3 Months Ended	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Jun. 30, 2019	Mar. 27, 2019
Derivative [Line Items]
Derivative Instruments, Percentage Designated As Cash Flow Hedges	97.00%	97.00%	87.00%
Gain (loss) from components excluded from assessment of cash flow hedge effectiveness, net	$ 0
Cash flow hedge gain (loss) to be reclassified within twelve months		$ 5,200,000
Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract		17 months
Interest Rate Swap
Derivative [Line Items]
Derivative, Notional Amount	$ 65,000,000	$ 65,000,000		$ 80,000,000
Derivative, Floor Interest Rate	0.00%	0.00%
Derivative, Fixed Interest Rate	2.1975%	2.1975%
Cash flow hedge gain (loss) to be reclassified within twelve months		$ (400,000)

Derivative Instruments - Net Re

Derivative Instruments - Net Realized and Unrealized Gains and Losses Recorded in "Other, net" (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Other, net	$ 1,662	$ 953	$ 1,865	$ 1,610
Coffee
Derivative Instruments, Gain (Loss) [Line Items]
Net realized and unrealized losses from coffee-related derivatives not designated as accounting hedges	419	(920)	(624)	(2,025)
Net (losses) gains on derivatives and investments	1,248	1,763	2,496	3,526
Other gains, net	(5)	110	(7)	109
Other, net	$ 1,662	$ 953	$ 1,865	$ 1,610

Derivative Instruments - Sche_2

Derivative Instruments - Schedule of Offsetting Derivative Asset and Liability Positions (Details) - Counterparty A - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	$ 9,494	$ 2,539
Derivative asset, netting adjustment	(8)	(698)
Derivative asset, cash collateral posted	0	0
Derivative asset, net	9,486	1,841
Derivative liability, fair value	(1,437)	3,086
Derivative liability, netting adjustment	(8)	(698)
Derivative liability, cash collateral posted	0	0
Derivative liability, net	$ (1,445)	$ 2,388

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis (Details) - Estimate of Fair Value Measurement - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Coffee-related Derivative Instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Coffee-related derivative assets (1)	$ 9,161	$ 1,925
Interest rate swap derivative liabilities (2)	1	1,127
Coffee-related derivative assets (1)	333	614
Coffee-related derivative liabilities (1)	7	114
Coffee-related Derivative Instruments | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Coffee-related derivative assets (1)	0	0
Interest rate swap derivative liabilities (2)	0	0
Coffee-related derivative assets (1)	0	0
Coffee-related derivative liabilities (1)	0	0
Coffee-related Derivative Instruments | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Coffee-related derivative assets (1)	9,161	1,925
Interest rate swap derivative liabilities (2)	1	1,127
Coffee-related derivative assets (1)	333	614
Coffee-related derivative liabilities (1)	7	114
Coffee-related Derivative Instruments | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Coffee-related derivative assets (1)	0	0
Interest rate swap derivative liabilities (2)	0	0
Coffee-related derivative assets (1)	0	0
Coffee-related derivative liabilities (1)	0	0
Interest Rate Swap Derivative Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap derivative liabilities (2)	1,429	1,845
Interest Rate Swap Derivative Liabilities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap derivative liabilities (2)	0	0
Interest Rate Swap Derivative Liabilities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap derivative liabilities (2)	1,429	1,845
Interest Rate Swap Derivative Liabilities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap derivative liabilities (2)	$ 0	$ 0

Accounts Receivable, net - Sche

Accounts Receivable, net - Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Receivables [Abstract]
Trade receivables	$ 57,652	$ 53,593
Other Receivables	3,293	2,886
Allowance for doubtful accounts	(541)	(1,324)
Accounts receivable, net	$ 60,404	$ 55,155

Accounts Receivable, net - Narr

Accounts Receivable, net - Narrative (Details) $ in Millions	6 Months Ended
	Dec. 31, 2019USD ($)
Receivables [Abstract]
Decrease in allowance for doubtful accounts	$ (0.8)

Inventories - Schedule of Inven

Inventories - Schedule of Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Product Information
Total	$ 85,134	$ 87,910
Coffee
Product Information
Processed	27,492	25,769
Unprocessed	30,337	33,259
Total	57,829	59,028
Tea and Culinary Products
Product Information
Processed	19,385	21,767
Unprocessed	94	74
Total	19,479	21,841
Coffee Brewing Equipment
Product Information
Total	$ 7,826	$ 7,041

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Property, Plant and Equipment
Property, plant and equipment gross	$ 386,341		$ 386,341		$ 399,093
Accumulated depreciation	(227,671)		(227,671)		(225,826)
Land	13,313		13,313		16,191
Property, plant and equipment, net	171,983		171,983		189,458
Building and Facilities
Property, Plant and Equipment
Property, plant and equipment gross	100,316		100,316		107,915
Machinery and Equipment
Property, Plant and Equipment
Property, plant and equipment gross	243,397		243,397		249,477
Capitalized Software Costs
Property, Plant and Equipment
Property, plant and equipment gross	28,770		28,770		27,666
Office furniture and equipment
Property, Plant and Equipment
Property, plant and equipment gross	13,858		13,858		14,035
Coffee Brewing Equipment
Property, Plant and Equipment
Property, plant and equipment gross	103,520		103,520		106,593
Accumulated depreciation	(69,581)		(69,581)		(70,202)
Property, plant and equipment, net	33,939		33,939		$ 36,391
Depreciation	2,327	$ 2,201	4,666	$ 4,396
Other Expenses	$ 8,446	$ 8,410	$ 16,171	$ 16,916

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 36,224		$ 36,224		$ 36,224
Amortization expense	$ 600	$ 700	$ 1,200	$ 1,300

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization	$ (17,318)	$ (16,113)
Finite-Lived Intangible Assets, Net	27,673	28,878
Total intangible assets	44,991	44,991
Trademarks, trade names and brand name with indefinite lives
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	10,328	10,328
Unamortized intangible assets, Gross Carrying Amount	10,328	10,328
Total unamortized intangible assets
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	10,328	10,328
Unamortized intangible assets, Gross Carrying Amount	$ 10,328	10,328
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	7 years 3 months 19 days
Amortized intangible assets, Gross Carrying Amount	$ 33,003	33,003
Accumulated Amortization	(16,391)	(15,291)
Finite-Lived Intangible Assets, Net	$ 16,612	17,712
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	2 years 2 months 12 days
Amortized intangible assets, Gross Carrying Amount	$ 220	220
Accumulated Amortization	(142)	(122)
Finite-Lived Intangible Assets, Net	$ 78	98
Recipes
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	3 years 9 months 18 days
Amortized intangible assets, Gross Carrying Amount	$ 930	930
Accumulated Amortization	(420)	(354)
Finite-Lived Intangible Assets, Net	$ 510	576
Trade name/brand name
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted average useful life	4 years 6 months
Amortized intangible assets, Gross Carrying Amount	$ 510	510
Accumulated Amortization	(365)	(346)
Finite-Lived Intangible Assets, Net	145	164
Total amortized intangible assets
Finite-Lived Intangible Assets [Line Items]
Amortized intangible assets, Gross Carrying Amount	34,663	34,663
Accumulated Amortization	(17,318)	(16,113)
Finite-Lived Intangible Assets, Net	$ 17,345	$ 18,550

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Single Employer Pension Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Components of net periodic benefit cost
Pension settlement charge	$ 0	$ 10,948	$ 0	$ 10,948
Pension Plan
Components of net periodic benefit cost
Service cost	0	0	0	0
Interest cost	1,059	1,426	2,118	2,852
Expected return on plan assets	(1,102)	(1,485)	(2,203)	(2,970)
Amortization of net loss (gain)	370	370	740	740
Pension settlement charge	0	10,948	0	10,948
Net periodic benefit cost	$ 327	$ 11,259	$ 655	$ 11,570
Weighted average assumptions used to determine benefit obligations
Discount rate			3.45%	4.05%
Expected long-term return on plan assets			6.75%	6.75%

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2019USD ($)planshares	Dec. 31, 2018USD ($)shares
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Amount	$ 0.6	$ 0.4	$ 1.3	$ 0.9
Other Postretirement Benefit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Multiemployer plans, number of plans | plan			9
Restated and Amended 401K Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined contribution plan, employer matching contribution, percent of eligible income			4.00%
Defined Contribution Plan, Number of Shares Contributed | shares			54,025	109,648.7
Defined Contribution Plan, Employer Discretionary Contribution Amount			$ 0.6	$ 1.4

Employee Benefit Plans - Sche_2

Employee Benefit Plans - Schedule of Multi-Employer Pension Plans (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Local 807 Pension Plan
Multiemployer Plans [Line Items]
Other Commitment	$ 182,000		$ 182,000
Multiemployer Plans, Pension
Multiemployer Plans [Line Items]
Defined Benefit Plan, Plan Assets, Contributions by Employer	452,000	$ 283,000	880,000	$ 778,000
Multiemployer Plans, Pension | WCT Pension Trust
Multiemployer Plans [Line Items]
Other Commitment	344,000		344,000		$ 1,487,000
Multiemployer Plans, Pension | Local 807 Pension Plan
Multiemployer Plans [Line Items]
Multiemployer plan, quarterly installments for withdrawal liability			91,000
Defined Benefit Plan, Benefit Obligation, Payment for Settlement			3,000,000
Other Commitment, Due after Fifth Year	200,000		200,000
Multiemployer Plans, Pension | WCTPP
Multiemployer Plans [Line Items]
Multiemployer Plans, Withdrawal Obligation, Assessment	3,400,000		3,400,000
Multiemployer Plans, Pension | Employee-related | WCTPP
Multiemployer Plans [Line Items]
Multiemployer plan, quarterly installments for withdrawal liability			190,507
Defined Benefit Plan, Benefit Obligation, Payment for Settlement			153,822
Other Postretirement Benefit Plan
Multiemployer Plans [Line Items]
Defined Benefit Plan, Service Cost	147,000	133,000	294,000	266,000
Defined Benefit Plan, Interest Cost	214,000	222,000	428,000	444,000
Defined Benefit Plan, Amortization of Gain (Loss)	(125,000)	(209,000)	(250,000)	(418,000)
Amortization of prior service credit	(392,000)	(439,000)	(784,000)	(878,000)
Net periodic benefit cost	$ (156,000)	$ (293,000)	$ (312,000)	$ (586,000)
Postretirement Health Coverage
Multiemployer Plans [Line Items]
Discount rate			3.62%	4.25%
Postretirement Life Insurance
Multiemployer Plans [Line Items]
Discount rate			3.64%	4.25%

Debt Obligations (Details)

Debt Obligations (Details) - USD ($)	Nov. 06, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019	Mar. 27, 2019
Line of Credit Facility
Long-term borrowings under revolving credit facility		$ 70,000,000		$ 70,000,000		$ 92,000,000
Revolving Credit Facility
Line of Credit Facility
Long-term borrowings under revolving credit facility		$ 70,000,000		$ 70,000,000		$ 92,000,000
Debt, weighted average interest rate		4.05%		4.05%		3.98%
JP Morgan Chase | Amended Credit Agreement | Revolving Credit Facility | Minimum
Line of Credit Facility
Line of credit, commitment fee percent	0.20%
JP Morgan Chase | Amended Credit Agreement | Revolving Credit Facility | Maximum
Line of Credit Facility
Line of credit, commitment fee percent	0.40%
JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility
Line of Credit Facility
Line of credit, maximum borrowing capacity	$ 150,000,000
Line of Credit Facility, Revolving Loan Commitment, Accordion Feature	75,000,000
JP Morgan Chase | JPM Chase Loan Agreement | Swing Line Loans
Line of Credit Facility
Line of credit, maximum borrowing capacity	$ 15,000,000
Prime Rate | JP Morgan Chase | Minimum
Line of Credit Facility
Line of credit, description of interest rate	PRIME + 0.25%
Prime Rate | JP Morgan Chase | Maximum
Line of Credit Facility
Line of credit, description of interest rate	PRIME + 0.875%
London Interbank Offered Rate (LIBOR) | JP Morgan Chase | Minimum
Line of Credit Facility
Line of credit, description of interest rate	Adjusted LIBO Rate + 1.25%
London Interbank Offered Rate (LIBOR) | JP Morgan Chase | Maximum
Line of Credit Facility
Line of credit, description of interest rate	Adjusted LIBO Rate + 1.875%
Interest Rate Swap
Line of Credit Facility
Derivative, Notional Amount		$ 65,000,000		$ 65,000,000			$ 80,000,000
Interest Rate Swap | Interest Expense
Line of Credit Facility
Other Comprehensive Income (Loss), Cash Flow Hedge, Reclassification for Discontinuance, before Tax		$ (407,000)	$ 0	$ (407,000)	$ 0
Option One | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility
Line of Credit Facility
Debt Instrument, Description of Variable Rate Basis	Prime Rate
Option One | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility | Minimum
Line of Credit Facility
Debt Instrument, Basis Spread on Variable Rate	0.25%
Option One | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility | Maximum
Line of Credit Facility
Debt Instrument, Basis Spread on Variable Rate	0.875%
Option Two | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility
Line of Credit Facility
Debt Instrument, Description of Variable Rate Basis	LIBOR Rate
Option Two | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility | Minimum
Line of Credit Facility
Debt Instrument, Basis Spread on Variable Rate	1.25%
Option Two | JP Morgan Chase | JPM Chase Loan Agreement | Revolving Credit Facility | Maximum
Line of Credit Facility
Debt Instrument, Basis Spread on Variable Rate	1.875%

Employee Stock Ownership Plan -

Employee Stock Ownership Plan - Number and Value of ESOP Shares (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Allocated shares	1,393,530	1,393,530
Committed to be released shares	0	0
Unallocated shares	0	0
Total ESOP shares	1,393,530	1,393,530
Fair value of ESOP shares	$ 20,987	$ 22,812

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended			6 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Proceeds from stock option exercises				$ 129,000	$ 507,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 2,100,000			2,100,000		$ 1,100,000
Restricted Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value				700,000
Unrecognized compensation cost related to restricted stock	700,000			700,000		400,000
Restricted Stock | General and Administrative Expense
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Compensation expense recognized	200,000		$ 100,000	400,000	200,000
Performance-Based Restricted Stock Units (PBRSUs)
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Compensation expense recognized	77,200		117,000	100,000	200,000
Unrecognized compensation cost related to restricted stock	$ 1,100,000			$ 1,100,000		$ 300,000
2017 Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Common Stock, Capital Shares Reserved for Future Issuance	565,112			565,112
NQOs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Weighted average fair value (in US$ per share)				$ 4.65
Share price (in US$ per share)	$ 15.06			$ 15.06		$ 16.37
Proceeds from stock option exercises				$ 100,000	300,000
Compensation expense recognized	$ 178,100		185,000	277,200	283,000
NQOs | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period	2 years 6 months 79 days
PNQs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Proceeds from stock option exercises					100,000
PNQs | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount						$ 39,700
Compensation expense recognized	$ 4,600		$ 146,400	18,300	$ 324,500
Restricted Stock | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period	9 months 2 days
Performance-Based Restricted Stock Units (PBRSUs)
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value				1,100,000
Performance-Based Restricted Stock Units (PBRSUs) | 2017 Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period	2 years 7 months 12 days
Performance Cash Awards
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Compensation expense recognized	$ 16,900
Unrecognized compensation cost related to restricted stock	400,000			400,000
Accrued Liabilities	$ 16,900			$ 16,900
Performance Cash Awards | 2017 Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period		2 years 9 months 72 days

Share-Based Compensation - Weig

Share-Based Compensation - Weighted-average assumptions using Black-Scholes model (Details) - PNQs	6 Months Ended
	Dec. 31, 2019$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 4.65
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.70%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	4 years 7 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	35.40%

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Activity NQOs and PNQs (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
NQOs
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of options granted (shares)	431,344
Number of options exercised (shares)	(10,360)
Number of options forfeited (shares)	(104,288)
Number of options expired (shares)	(27,970)
Number of options - Ending balance (in shares)	486,775
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average purchase price (in US$ per share)	$ 14.48
Weighted Average Exercise Price, Exercised (in US$ per share)	12.48
Weighted Average Exercise Price, Forfeited (in US$ per share)	27.28
Weighted Average Exercise Price, Expired (in US$ per share)	31.66
Weighted Average Exercise Price, Ending balance (in US$ per share)	$ 16.03
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Life, Beginning balance	6 years 6 months 14 days
Weighted Average Remaining Life, Ending balance	6 years 6 months 14 days
Aggregate Intrinsic Value, Beginning balance	$ 432
Aggregate intrinsic value, exercised	$ 28
PNQs
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Life, Beginning balance	1 year 9 months 63 days
Weighted Average Remaining Life, Ending balance	1 year 9 months 63 days
PNQs | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of options - Beginning balance (in shares)	229,961
Number of options granted (shares)	0
Number of options exercised (shares)	0
Number of options forfeited (shares)	(6,212)
Number of options expired (shares)	(202,753)
Number of options - Ending balance (in shares)	20,996
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted Average Exercise Price, Beginning balance (in US$ per share)	$ 26.21
Weighted average purchase price (in US$ per share)	0
Weighted Average Exercise Price, Exercised (in US$ per share)	0
Weighted Average Exercise Price, Forfeited (in US$ per share)	32.85
Weighted Average Exercise Price, Expired (in US$ per share)	25.67
Weighted Average Exercise Price, Ending balance (in US$ per share)	$ 29.39
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Life, Beginning balance		1 year 2 months 23 days
Weighted Average Remaining Life, Ending balance		1 year 2 months 23 days
Aggregate Intrinsic Value, Beginning balance			$ 0
Aggregate intrinsic value, exercised	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract]
Options, Vested and exercisable, Outstanding (in shares)	12,730
Options, Vested and exercisable, Weighted Average Exercise Price (in US$ per share)	$ 27.95
Options, Vested and exercisable, Weighted Average Remaining Contractual Term	1 year 8 months 41 days
Vested | NQOs
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of options - Beginning balance (in shares)	198,049
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted Average Exercise Price, Beginning balance (in US$ per share)	$ 27.35
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Life, Beginning balance		5 years 3 months
Weighted Average Remaining Life, Ending balance		5 years 3 months
Aggregate Intrinsic Value, Beginning balance			$ 40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract]
Options, Vested and exercisable, Outstanding (in shares)	30,074
Options, Vested and exercisable, Weighted Average Exercise Price (in US$ per share)	$ 28.96
Options, Vested and exercisable, Weighted Average Remaining Contractual Term	3 years 9 months 4 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 0

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Activity (Details) - Restricted Stock - $ / shares	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Number of Restricted Stock [Roll Forward]
Shares Awarded, Beginning balance (in shares)	32,056
Restricted stock granted (in shares)	48,654
Shares Awarded, Exercised/Released (in shares)	(18,298)
Shares Awarded, Cancelled/Forfeited (in shares)	(1,704)
Shares Awarded, Ending balance (in shares)	60,708
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 15.66	$ 21.10
Restricted stock granted, weighted average grant date fair value (in US$ per share)	15.05
Weighted Average Grant Date Fair Value, Exercised/Released (in US$ per share)	23.98
Weighted Average Grant Date Fair Value, Cancelled/Forfeited (in US$ per share)	$ 31.70

Share-Based Compensation - Perf

Share-Based Compensation - Performance-Based RSUs (Details) - Performance-Based Restricted Stock Units (PBRSUs) - $ / shares	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Number of PBRSUs [Roll Forward]
Shares Awarded, Beginning balance (in shares)	51,237
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	76,256
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	36,049
Shares Awarded, Ending balance (in shares)	91,444
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 16.54	$ 27.69
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	14.42
Weighted Average Grant Date Fair Value, Exercised/Released (in US$ per share)	0
Weighted Average Grant Date Fair Value, Cancelled/Forfeited (in US$ per share)	$ 27.92

Other Current Liabilities (Deta

Other Current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Payables and Accruals [Abstract]
Accrued postretirement benefits	$ 1,068	$ 1,068
Accrued workers’ compensation liabilities	1,681	1,495
Liability, Defined Benefit Plan, Current	1,198	305
Earnout payable	0	1,000
Working capital dispute payable	354	354
Other (including net taxes payable)	3,681	3,087
Other current liabilities	$ 7,982	$ 7,309

Other Long-Term Liabilities (De

Other Long-Term Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jun. 30, 2019
Other Liabilities Disclosure [Abstract]
Other long-term liabilities-capital leases	$ 35	$ 32
Derivative liabilities—noncurrent	1,068	1,612
Multiemployer Plan Holdback Liability, Long-Term	17	0
Cumulative preferred dividends, undeclared and unpaid—noncurrent	0	618
Deferred income taxes	2,027	1,795
Other long-term liabilities	$ 3,147	$ 4,057

Income Taxes - Income Taxes (De

Income Taxes - Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income tax benefit	$ (81)	$ (2,725)	$ (188)	$ (4,012)
Effective tax rate	(1.10%)	21.00%	(1.50%)	23.30%

Net Income (loss) Per Common _3

Net Income (loss) Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Undistributed Earnings (Loss) Available to Common Shareholders, Basic	$ 7,595	$ (10,225)	$ 12,104	$ (13,341)
Undistributed net earnings (loss) available to nonvested restricted stockholders and holders of convertible preferred stock	21	(9)	29	(11)
Undistributed net earnings (loss) available to common stockholders	$ 7,616	$ (10,234)	$ 12,133	$ (13,352)
Weighted average common shares outstanding - basic (in shares)	17,159,108	16,985,157	17,127,153	16,971,995
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock (in shares)	414,900	0	414,900	0
Weighted average common shares outstanding—diluted (in shares)	17,583,335	16,985,157	17,550,144	16,971,995
Earnings Per Share, Basic, Undistributed (in USD per share)	$ 0.44	$ (0.60)	$ 0.71	$ (0.79)
Earnings Per Share, Diluted, Undistributed (in USD per share)	$ 0.43	$ (0.60)	$ 0.69	$ (0.79)
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares issuable under stock options (in shares)	1,236	0	1,819	0
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	190,117	201,543	121,113	165,013
Cumulative Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	400,691	0	400,691
Performance-Based Restricted Stock Units (PBRSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares issuable under stock options (in shares)	8,091	0	6,272	0
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	16,195	64,991	8,097	52,890

Preferred Stock - Narrative (De

Preferred Stock - Narrative (Details) - $ / shares	Dec. 31, 2019	Jun. 30, 2019	Oct. 02, 2017
Class of Stock [Line Items]
Preferred Stock, Shares Authorized (in shares)	500,000	500,000
Preferred stock, par value (in US$ per share)	$ 1	$ 1
Convertible Preferred Stock
Class of Stock [Line Items]
Preferred Stock, Shares Authorized (in shares)	21,000
Cumulative Preferred Stock
Class of Stock [Line Items]
Preferred Stock, Shares Authorized (in shares)	21,000	21,000
Preferred stock, issued (in shares)	14,700	14,700	14,700
Series A Preferred Stock
Class of Stock [Line Items]
Preferred Stock, Shares Authorized (in shares)	21,000,000
Preferred stock, issued (in shares)	14,700,000
Preferred stock, par value (in US$ per share)	$ 1,082

Preferred Stock - Schedule of P

Preferred Stock - Schedule of Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2019
Auction Market Preferred Securities, Stock Series [Line Items]
Preferred Stock, Shares Authorized (in shares)	500,000	500,000
Preferred stock, par value (in US$ per share)	$ 1	$ 1
Preferred Stock, Value, Outstanding	$ 15	$ 15
Liquidation preference	$ 15,899	$ 15,624
Series A Preferred Stock
Auction Market Preferred Securities, Stock Series [Line Items]
Preferred Stock, Shares Authorized (in shares)	21,000,000
Preferred stock, issued (in shares)	14,700,000
Preferred stock, par value (in US$ per share)	$ 1,082
Preferred Stock, Value, Outstanding	$ 15,899
Cumulative Dividends	1,199
Liquidation preference	$ 15,899

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net Sales	$ 152,498	$ 159,773	$ 291,098	$ 307,213
% of total	100.00%	100.00%	100.00%	100.00%
Receivables from contracts with customers	$ 57,652		$ 57,652		$ 53,593
Coffee (Roasted)
Disaggregation of Revenue [Line Items]
Net Sales	$ 96,177	$ 99,286	$ 183,547	$ 194,640
% of total	63.10%	62.10%	63.10%	63.40%
Coffee (Frozen Liquid)
Disaggregation of Revenue [Line Items]
Net Sales	$ 8,556	$ 9,318	$ 16,484	$ 17,874
% of total	5.60%	5.80%	5.70%	5.80%
Tea (Iced & Hot)
Disaggregation of Revenue [Line Items]
Net Sales	$ 7,563	$ 8,651	$ 15,268	$ 17,555
% of total	5.00%	5.40%	5.20%	5.70%
Culinary
Disaggregation of Revenue [Line Items]
Net Sales	$ 15,158	$ 16,795	$ 29,361	$ 32,789
% of total	10.00%	10.50%	10.10%	10.70%
Spice
Disaggregation of Revenue [Line Items]
Net Sales	$ 6,126	$ 6,002	$ 12,332	$ 12,160
% of total	4.00%	3.80%	4.20%	4.00%
Other Beverages
Disaggregation of Revenue [Line Items]
Net Sales	$ 17,299	$ 18,915	$ 30,032	$ 30,541
% of total	11.30%	11.80%	10.30%	9.90%
Other Revenues
Disaggregation of Revenue [Line Items]
Net Sales	$ 946	$ 0	$ 2,701	$ 0
% of total	0.60%	0.00%	0.90%	0.00%
Product
Disaggregation of Revenue [Line Items]
Net Sales	$ 151,825	$ 158,967	$ 289,725	$ 305,559
% of total	99.60%	99.00%	99.50%	99.50%
Fuel Surcharge
Disaggregation of Revenue [Line Items]
Net Sales	$ 673	$ 806	$ 1,373	$ 1,654
% of total	0.40%	0.60%	0.50%	0.50%

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	6 Months Ended
	Dec. 31, 2019USD ($)
Contractual Obligations
Long-term Purchase Commitment, additional	$ 5.4
Inventories | Coffee
Contractual Obligations
Purchase Obligation, Due in Next Twelve Months	60.7
Inventories | Other Inventory
Contractual Obligations
Purchase Obligation, Due in Next Twelve Months	$ 6.2

Sales of Assets (Details)

Sales of Assets (Details) - USD ($)	Dec. 31, 2019	Dec. 23, 2019	Nov. 19, 2019	Aug. 28, 2019	Nov. 30, 2019	Jul. 31, 2019	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of property, plant and equipment								$ 35,247,000	$ 105,000
Sale Leaseback Transaction, Term								3 years
Sale Leaseback Transaction, Rent Expense								$ 50,000
Coffee Brewing Equipment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sales of property, plant and equipment						$ 9,300,000
Disposal Group, Including Discontinued Operation, Earnout Amount						$ 2,300,000	$ 7,200,000
Seattle Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration				$ 7,900,000
Proceeds From Sale of Property Held-for-Sale, Gross				7,300,000
Gain (Loss) on Sale of Properties				$ 6,800,000
Indianapolis, Indiana Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration			$ 250,000
Proceeds From Sale of Property Held-for-Sale, Gross			186,000
Gain (Loss) on Sale of Properties			$ (173,000)
Howard, California Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration		$ 7,050,000
Proceeds From Sale of Property Held-for-Sale, Gross		6,569,000
Gain (Loss) on Sale of Properties		$ 2,016,000
Sale Leaseback Transaction, Term		5 years
Sale Leaseback Transaction, Rent Expense		$ 28,000
Denver, Colorado Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration	$ 2,300,000						2,300,000	2,300,000
Proceeds From Sale of Property Held-for-Sale, Gross	2,075,000
Gain (Loss) on Sale of Properties	$ 1,989,000
Sale Leaseback Transaction, Term	7 years
Sale Leaseback Transaction, Rent Expense	$ 17,000
Casper, Wyoming Branch
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration	385,000						$ 385,000	385,000
Proceeds From Sale of Property Held-for-Sale, Gross	355,000
Gain (Loss) on Sale of Properties	$ 304,000
Houston Texas Facility
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration					$ 10,000,000
Proceeds From Sale of Property Held-for-Sale, Gross								$ 7,300,000
Proceeds from Sale of Property Held-for-sale					$ 9,000,000