Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.3
Leases (Tables)
3 Months Ended
Sep. 30, 2025
Notes Tables  
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 Condensed Consolidated Financial Statements include the following amounts related to operating leases where the Company is the lessee ($ in thousands):

Quarter Ended

September, 30

2025

2024

Condensed Consolidated Statements of Earnings

Fixed operating lease expense

$

4,409

$

4,385

Variable operating lease expense

1,326

1,262

Total operating lease expense

$

5,735

$

5,647

Condensed Consolidated Statements of Cash Flows

Cash paid for amounts included in the measurement of operating lease liabilities

$

4,455

$

3,885

ROU assets obtained in exchange for operating lease obligations

278

799

As of

Condensed Consolidated Balance Sheets

September 30,

June 30,

Lease Assets and Liabilities

Balance Sheet Classification

2025

2025

Operating lease ROU assets

Right-of-use asset

$

70,725

$

73,399

Operating lease liabilities - current

Operating lease liabilities - current

$

13,771

$

14,098

Operating lease liabilities - long-term

Operating lease liabilities

80,702

83,960

Total operating lease liabilities

$

94,473

$

98,058

Weighted average remaining lease term:

7.4 years

7.6 years

Weighted average discount rate:

4.3

%

4.3

%

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):

    

September 30, 

2025

Remaining 2026

$

12,958

2027

 

16,710

2028

 

16,353

2029

 

15,893

2030

 

13,436

Thereafter

 

35,873

Total

$

111,223

Less: Amounts representing interest

 

16,750

Total lease obligations

$

94,473