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COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
(18) COMMITMENTS AND CONTINGENCIES
Operating Leases
Operating lease expense was $10.1 million, $10.8 million and $12.3 million for the years ended June 30, 2022, 2021 and 2020, respectively. As of June 30, 2022, the weighted average remaining lease term was 3.8 years and the weighted average discount rate was 4%.
Future minimum lease payments under noncancelable operating leases with initial lease terms in excess of one year were as follows (in thousands):
2023$12,131 
202412,267 
202512,301 
20269,005 
20271,323 
Total future minimum lease payments47,027 
Less: imputed interest3,445 
Total operating lease liabilities (a)
$43,582 
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(a)As of June 30, 2022, total operating lease liabilities included $10.6 million within other liabilities, current in the Consolidated Balance Sheets.
Other Matters
The Company is not currently involved in any litigation it believes to be material. The Company is periodically involved in litigation, arising in the ordinary course of business or otherwise, which from time to time may include stockholder derivative or other similar litigation, claims relating to commercial, product liability, tort and personal injury, employment, antitrust, intellectual property, or other regulatory matters. If current or future government regulations, including but not limited to those with respect to antitrust or healthcare laws, are interpreted or enforced in a manner adverse to the Company or its business, the Company may be subject to regulatory inquiries or investigations, enforcement actions, penalties and other material limitations which could have a material adverse effect on the Company’s business, financial condition and results of operations.