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Leases (Tables)
12 Months Ended
Jun. 30, 2022
Leases  
Summary of operating lease information

The following table summarizes the ROU assets and the related lease liabilities recorded on the consolidated balance sheet:

As of June 30,

    

2022

    

2021

    

Balance Sheet Classification

Assets:

 

  

 

  

 

  

Operating lease ROU assets

$

37,680

$

32,962

 

Other Assets

Liabilities:

 

  

 

  

 

  

Current portion

 

6,051

 

6,618

 

Accrued expenses and
other current liabilities

Non-current portion

 

31,508

 

28,003

 

Other liabilities

Total operating lease liabilities

$

37,559

$

34,621

 

  

The following table summarizes the composition of net lease expense:

For the Year Ended June 30

    

2022

    

2021

Operating lease expense

$

8,461

$

7,989

Variable lease expense

 

1,376

 

1,176

Short-term lease expense

 

1,214

 

873

Total lease expense

$

11,051

$

10,038

The following tables include other supplemental information:

For the Year Ended June 30

    

2022

    

2021

Operating cash flows used for ROU operating leases

$

8,642

$

8,292

Non-cash changes to ROU operating assets and lease liabilities

$

11,930

$

16,665

As of June 30

    

2022

    

2021

Weighted average remaining lease term (in years) - operating leases

 

11.46

%

8.42

%

Weighted average discount rate - operating leases

 

3.66

%

4.04

%

Summary of maturities of future lease liabilities

For the Years Ending June 30, 

    

2023

$

7,169

2024

 

5,895

2025

 

4,556

2026

 

3,413

2027

 

2,981

2028 and thereafter

 

22,129

Total lease payments

 

46,143

Less: interest

 

8,584

Total operating lease liabilities

$

37,559