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Leases (Tables)
 3 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Components of Lease Expense
The components of our lease expenses are as follows:
Three Months Ended
September 30
(Amounts in Millions)20222021
Operating lease expense$1.3 $1.2 
Variable lease expense1.7 1.4 
Total lease expense$3.0 $2.6 
Supplemental Cash Flow and Other Information Related to Leases Supplemental cash flow and other information related to leases are as follows:
Three Months Ended
September 30
(Amounts in Millions)20222021
Cash flow information:
Operating lease payments impacting lease liability$1.6 $1.7 
Non-cash impact of obtaining new right-of-use assets$1.5 $— 
As of
September 30
20222021
Other information:
Weighted-average remaining term (in years)4.64.1
Weighted-average discount rate4.5 %4.6 %
Future Minimum Lease Payments
The following table summarizes the future minimum lease payments as of September 30, 2022:
Fiscal Year Ended
(Amounts in Millions)
June 30 (1)
2023$4.6 
20244.4 
20253.8 
20262.8 
20272.1 
Thereafter2.1 
Total lease payments$19.8 
Less interest1.9 
Present value of lease liabilities$17.9 
(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 September 30, 2022, we have additional operating leases that have not yet commenced for which we will record both right-of-use assets and lease liabilities of $9.9 million. Two of the leases are expected to commence in our second quarter of fiscal year 2023 with lease terms of approximately 3 years at a total of $0.3 million. A third lease is expected to commence in our third quarter of fiscal year 2023 with a lease term of approximately 10 years at $5.7 million, while a fourth lease is expected to commence in our fourth quarter of fiscal year 2023 with a lease term of approximately 12 years at $3.9 million.