XML 100 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Note 6. Leases (Tables)
6 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lease, Cost [Table Text Block]
The components of our lease expenses are as follows:
 
Three Months Ended
 
Six Months Ended
(Amounts in Millions)
December 31, 2019
 
December 31, 2019
Operating lease expense
$
0.8

 
$
1.6

Variable lease expense
0.6

 
1.3

Total lease expense
$
1.4

 
$
2.9

Supplemental cash flow and other information related to leases [Table Text Block]
Supplemental cash flow and other information related to leases are as follows:
 
Six Months Ended
(Amounts in Millions)
December 31, 2019
Cash flow information:
 
Operating lease payments impacting lease liability
$
2.4

Leased assets obtained in exchange for operating lease liabilities
$
0.1

 
 
 
 
 
As of
(Amounts in Millions)
December 31, 2019
Other information:
 
Weighted-average remaining term (in years)
6.0

Weighted-average discount rate
4.6
%
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
The following table summarizes the future minimum lease payments as of December 31, 2019:
 
Fiscal Year Ended
(Amounts in Millions)
June 30 (1)
2020
$
2.2

2021
4.5

2022
4.3

2023
3.8

2024
3.1

Thereafter
6.2

Total lease payments
$
24.1

Less interest
$
3.1

Present value of lease liabilities
$
21.0

(1) Lease payments include options to extend lease terms that are reasonably certain of being exercised. The payments exclude legally binding minimum lease payments for leases signed but not yet commenced. At December 31, 2019, we have an additional operating lease that has not yet commenced for which we will record a right-of-use asset and lease liability of $1.6 million. The lease will commence in our third quarter of fiscal year 2020 with a lease term of approximately 7 years.
Lessee, Operating Lease, Disclosure [Table Text Block]
The following table summarizes the future minimum lease payments as of June 30, 2019 before adoption of ASC 842:
 
Fiscal Year Ended
(Amounts in Millions)
June 30
2020
$
4.6

2021
4.2

2022
4.1

2023
3.6

2024
2.5

Thereafter
3.8

Total lease payments
$
22.8