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Leases (Tables)
9 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Summary of Lease Balances Lease balances in our consolidated balance sheet are as follows (in thousands):

 

 

March 31, 2021

 

 

June 30, 2020

 

Operating lease right-of-use assets

 

$

371,151

 

 

$

330,767

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

 

59,357

 

 

 

67,549

 

Operating lease liabilities, noncurrent

 

 

377,044

 

 

 

309,680

 

 

 

$

436,401

 

 

$

377,229

 

Summary of Lease Costs

The Company’s total lease cost is recorded primarily within indirect costs and selling expenses and had the following impact on the consolidated statement of operations (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease cost

 

$

22,312

 

 

$

21,674

 

 

$

66,899

 

 

$

64,262

 

Short-term and variable lease cost

 

 

3,427

 

 

 

3,850

 

 

 

10,706

 

 

 

10,844

 

Sublease income

 

 

(84

)

 

 

(94

)

 

 

(296

)

 

 

(998

)

Total lease cost

 

$

25,655

 

 

$

25,430

 

 

$

77,309

 

 

$

74,108

 

 

 

Schedule of Future Minimum Operating Lease Payments

The Company’s future minimum lease payments under non-cancelable operating leases for the remainder of the fiscal year ending June 30, 2021, and for each of the fiscal years thereafter, are as follows (in thousands):  

 

Fiscal year ending June 30,

 

 

 

 

2021 (three months)

 

$

13,188

 

2022

 

 

77,841

 

2023

 

 

76,895

 

2024

 

 

70,669

 

2025

 

 

62,468

 

Thereafter

 

 

180,313

 

Total undiscounted lease payments

 

 

481,374

 

Less:  imputed interest

 

 

(44,973

)

Total discounted lease liabilities

 

$

436,401