Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.1
Leases (Tables)
9 Months Ended
Mar. 31, 2022
Notes Tables  
Lessee, Operating Lease, Asset and Liabilities [Table Text Block]

The following table summarizes the balance sheet classification of the Company’s operating leases and amounts of right of use assets and lease liabilities and the weighted average remaining lease term and weighted average discount rate for the Company’s operating leases (asset and liability amounts are in thousands):

    

    

As of

 

March 31, 

 

Balance Sheet Classification

2022

 

Operating leases:

 

  

 

  

Operating lease right of use assets

 

Right of Use Asset

$

63,450

Current operating lease liabilities

 

Operating lease liabilities current

$

11,864

Noncurrent operating lease liabilities

 

Operating lease liabilities

 

56,348

Total operating lease liabilities

$

68,212

Weighted average remaining lease term (in years):

 

 

6.98

Weighted average discount rate:

 

 

3.89

%  

Lessee, Operating Lease, Cash Flow Information [Table Text Block]

The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right of use assets obtained in exchange for new operating lease liabilities for the nine months ended (in thousands):

Nine months ended

March 31, 

    

2022

Cash amounts paid on operating lease liabilities

$

11,221

Right of use assets obtained in exchange for lease liabilities

 

2,812

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table summarizes the fair value of the lease liability by payment date for the Company’s operating leases by fiscal year (in thousands):

Operating

Leases

Remainder of fiscal 2022

$

3,686

2023

 

13,874

2024

 

12,214

2025

 

11,057

2026

 

9,634

Thereafter

 

27,819

Total

$

78,284

Less: Amounts representing interest

 

10,072

Total Lease obligations

$

68,212