Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

9 Months Ended

Mar. 31, 2022

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