XML 45 R36.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
6 Months Ended
Dec. 31, 2022
Lessee Disclosure [Abstract]  
Summary of components of lease cost

The components of lease cost were as follows (in thousands):

Three Months Ended

Six Months Ended

December 31, 

 

December 31, 

2022

2021

2022

2021

Operating lease cost

$

11,595

$

14,362

$

23,970

$

28,587

Sublease income

 

(3,516)

 

(3,494)

 

(7,086)

 

(6,832)

Total lease cost

$

8,079

$

10,868

$

16,884

$

21,755

Summary of maturities of lease liabilities

Maturities of lease liabilities by fiscal year as of December 31, 2022 were as follows (in thousands):

Operating

Fiscal Year

Leases

2023 (remaining)

$

30,312

2024

55,548

2025

45,078

2026

32,245

2027

29,769

Thereafter

63,355

Total lease payments

 

256,307

Less: imputed interest

(41,366)

Present value of lease liabilities

$

214,941

Summary of lease term and discount rate

Lease term and discount rate were as follows:

December 31, 

2022

Weighted-average remaining operating lease term (years)

5.7

Weighted-average operating lease discount rate

5.8%

Summary of supplemental disclosures of cash flow information related to leases

Supplemental disclosures of cash flow information related to leases were as follows (in thousands):

Three Months Ended

Six Months Ended

December 31, 

December 31, 

2022

2021

2022

2021

Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts)

$

12,390

$

13,525

$

24,818

$

26,728

Operating lease assets obtained in exchange for operating lease liabilities

$

13,038

$

205

$

13,038

$

6,316

Schedule of Future minimum lease and sublease rental income Future minimum lease and sublease rental income under these agreements as of December 31, 2022, were as follows (in thousands):

Fiscal Year

Amount

2023 (remaining)

$

7,920

2024

10,261

2025

 

5,121

2026

 

2,038

Total lease and sublease rental income

$

25,340