Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

Leases (Tables)

12 Months Ended

Jun. 30, 2023

Schedule of table that 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

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


			As of
			June 30,
	Balance Sheet Classification		2023
Operating leases:
Operating lease right of use assets		Right of Use Asset	$	98,326

Current operating lease liabilities		Operating lease liabilities - current	$	11,199
Noncurrent operating lease liabilities		Operating lease liabilities		93,766
Total operating lease liabilities			$	104,965

Weighted average remaining lease term (in years):				9.33

Weighted average discount rate (%):				4.27

Schedule of the table that 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

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 year ended June 30, 2023 (in thousands):


	Year ended
	June 30,
	2023
Cash amounts paid on operating lease liabilities⁽¹⁾	$	14,934

Right of use assets obtained in exchange for lease liabilities	$	48,103

(1)

Total cash paid for the Company’s operating leases during the year ended June 30, 2023 include cash amounts paid on operating lease liabilities and variable lease expenses. Cash flow impacts from right of use assets and lease liabilities are presented net on the cash flow statement in changes in other operating activity.

Schedule of the fair value of the lease liability by payment date for the operating leases by fiscal year

The following table summarizes payments by date for the Company’s operating leases, which is then reconciled to our total lease obligation (in thousands):


	June 30, 2023
	Operating
	Leases
2024	$	15,167
2025		14,957
2026		15,097
2027		12,484
2028		12,482
Thereafter		59,715
Total	$	129,902
Less: Amounts representing interest		24,937
Total lease obligations	$	104,965