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Leases (Tables)
12 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Assets And Liabilities, Lessee
Supplemental consolidated balance sheet information related to leases is as follows:
 
 
Classification
 
As of June 30, 2020
(In thousands)
 
 
 
 
Operating lease assets
 
Right-of-use operating lease assets
 
$
21,117

Finance lease assets
 
Property, plant and equipment, net
 
9

Total lease assets
 
 
 
$
21,126

 
 
 
 
 
Operating lease liabilities - current
 
Operating lease liabilities - current
 
$
5,854

Operating lease liabilities - noncurrent
 
Operating lease liabilities - noncurrent
 
15,628

Finance lease liabilities
 
Other long-term liabilities
 
9

Total lease liabilities
 
 
 
$
21,491


Lease, Cost
The components of lease expense are as follows:
 
 
Classification
 
For the Year Ended June 30, 2020
 
(In thousands)
 
 
 
 
 
Operating lease expense
 
General and administrative expenses and cost of goods sold
 
$
5,354

 
Finance lease expense:
 
 
 
 
 
Amortization of finance lease assets
 
General and administrative expenses
 
52

 
Interest on finance lease liabilities
 
Interest expense
 
2

 
Total lease expense
 
 
 
$
5,408

 

Lease term and discount rate:
 
 
As of June 30, 2020
Weighted-average remaining lease terms (in years):
 
 
Operating lease
 
8.3

Finance lease
 
0.2

 
 
 
Weighted-average discount rate:
 
 
Operating lease
 
4.50
%
Finance lease
 
4.50
%

Other Information:
 
 
For the Year Ended June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
 
 
Operating cash flows from operating leases
 
$
5,000

Operating cash flows from finance leases
 
$
2

Financing cash flows from finance leases
 
$
51

 
 
 
Leased assets obtained in exchange for new finance lease liabilities
 
$

Leased assets obtained in exchange for new operating lease liabilities
 
$


Lessee, Operating Lease, Liability, Maturity
 
 
For the Years Ended June 30,
(In thousands)
 
Operating Leases
 
Finance Leases
Maturities of lease liabilities are as follows:
 
 
 
 
2021
 
$
5,854

 
$
9

2022
 
4,454

 

2023
 
3,894

 

2024
 
3,654

 

2025
 
2,503

 

Thereafter
 
3,954

 

Total lease payments
 
24,313

 
9

Less: interest
 
(2,831
)
 

Total lease obligations
 
$
21,482

 
$
9


Schedule of Future Minimum Rental Payments for Operating Leases
The minimum annual payments under operating and capital leases as of June 30, 2019 are as follows: 
(In thousands)
 
Operating
 Lease
Obligations
 
Capital 
Lease
Obligations
Year Ended June 30,
 
 
 
 
2020
 
$
4,434

 
$
36

2021
 
3,238

 
1

2022
 
2,472

 

2023
 
2,131

 

2024
 
2,025

 

Thereafter
 
4,389

 

Total minimum lease payments
 
$
18,689

 
37

Less: imputed interest
(0.82% to 10.66%)
 
 
 
(2
)
Present value of future minimum lease payments
 
 
 
35

Less: current portion
 
 
 
(34
)
Long-term capital lease obligations
 
 
 
$
1