Leases (Notes)

12 Months Ended

Jun. 30, 2022

Leases [Abstract]

Leases

Leases

Supplemental consolidated balance sheet information related to leases is as follows:

		As of June 30,
(In thousands)	Classification	2022		2021
Operating lease assets	Right-of-use operating lease assets	$	27,957	$	26,254
Finance lease assets	Property, plant and equipment, net	574		739
Total lease assets		$	28,531	$	26,993
Operating lease liabilities - current	Operating lease liabilities - current	7,721		6,262
Finance lease liabilities - current	Other current liabilities	193		192
Operating lease liabilities - noncurrent	Operating lease liabilities - noncurrent	20,762		20,049
Finance lease liabilities -noncurrent	Other long-term liabilities	409		563
Total lease liabilities		$	29,085	$	27,066

The components of lease expense are as follows:

	For the Years Ended June 30,
(In thousands)	2022		2021		2020
Operating lease expense	$	7,526	$	7,195	$	5,354
Finance lease expense:
Amortization of finance lease assets	164		82		52
Interest on finance lease liabilities	44		26		2
Total lease expense	$	7,734	$	7,303	$	5,408

The maturities of the lease liabilities are as follows:

	For the Years Ended June 30,
(In thousands)	Operating Leases		Finance Leases
2023	$	7,721	$	193
2024	7,444		193
2025	6,175		193
2026	4,957		96
2027	3,495		—
Thereafter	2,999		—
Total lease payments	32,791		675
Less: interest	(4,308)		(73)
Total lease obligations	$	28,483	$	602

Lease term and discount rate:

	For the Years Ended June 30,
	2022		2021
Weighted-average remaining lease terms (in years):
Operating lease	6.3		7.3
Finance lease	3.5		4.5
Weighted-average discount rate:
Operating lease	5.69	%	5.23	%
Finance lease	6.50	%	6.50	%

Other Information:

	For the Years Ended June 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	7,049	$	7,529
Operating cash flows from finance leases	44		70
Financing cash flows from finance leases	193		26

Leases

Leases

Supplemental consolidated balance sheet information related to leases is as follows:

		As of June 30,
(In thousands)	Classification	2022		2021
Operating lease assets	Right-of-use operating lease assets	$	27,957	$	26,254
Finance lease assets	Property, plant and equipment, net	574		739
Total lease assets		$	28,531	$	26,993
Operating lease liabilities - current	Operating lease liabilities - current	7,721		6,262
Finance lease liabilities - current	Other current liabilities	193		192
Operating lease liabilities - noncurrent	Operating lease liabilities - noncurrent	20,762		20,049
Finance lease liabilities -noncurrent	Other long-term liabilities	409		563
Total lease liabilities		$	29,085	$	27,066

The components of lease expense are as follows:

	For the Years Ended June 30,
(In thousands)	2022		2021		2020
Operating lease expense	$	7,526	$	7,195	$	5,354
Finance lease expense:
Amortization of finance lease assets	164		82		52
Interest on finance lease liabilities	44		26		2
Total lease expense	$	7,734	$	7,303	$	5,408

The maturities of the lease liabilities are as follows:

	For the Years Ended June 30,
(In thousands)	Operating Leases		Finance Leases
2023	$	7,721	$	193
2024	7,444		193
2025	6,175		193
2026	4,957		96
2027	3,495		—
Thereafter	2,999		—
Total lease payments	32,791		675
Less: interest	(4,308)		(73)
Total lease obligations	$	28,483	$	602

Lease term and discount rate:

	For the Years Ended June 30,
	2022		2021
Weighted-average remaining lease terms (in years):
Operating lease	6.3		7.3
Finance lease	3.5		4.5
Weighted-average discount rate:
Operating lease	5.69	%	5.23	%
Finance lease	6.50	%	6.50	%

Other Information:

	For the Years Ended June 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	7,049	$	7,529
Operating cash flows from finance leases	44		70
Financing cash flows from finance leases	193		26