The Company is party to several operating leases, the majority of which are related to office, warehouse and manufacturing space. The related operating lease assets and obligations are reflected within

right-of-use

assets, net, current operating lease obligations and long-term operating lease obligations on the Condensed Consolidated Balance Sheets. Lease expense for these leases is recognized on a straight-line basis over the lease term, with variable lease payments recognized in the period those payments are incurred.

The lease costs for these operating leases reflected in our Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2021 and 2020, as well as the

right-of-use

assets, net obtained during these periods in exchange for operating lease liabilities, are as follows:


	Three Months Ended June 30,				Nine Months Ended June 30,
	2021		2020		2021		2020
Lease costs within cost of sales	$	213	$	165	$	569	$	424
Lease costs within operating expenses		390		330		1,151		889
Right-of-use assets, net obtained in exchange for operating lease liabilities		381		1,394		1,073		1,616

In addition, the Company periodically enters into other short-term operating leases, generally with an initial term of twelve months or less. These leases are not recorded on the Condensed Consolidated Balance Sheets and the related lease expense is immaterial for the three and nine months ended June 30, 2021 and 2020.

The Company often has options to renew lease terms, with the exercise of lease renewal options generally at the Company’s sole discretion. In addition, certain lease arrangements may be terminated prior to their original expiration date at our discretion. We evaluate renewal and termination options at the lease commencement date to determine if we are reasonably certain to exercise the option on the basis of economic factors. The discount rate implicit within our leases is generally not determinable and, therefore, the Company uses its incremental borrowing rate as the basis for its discount rate. The weighted average remaining lease term for our operating leases and the weighted average discount rate used to measure our operating leases as of June 30, 2021 and September 30, 2020 were as follows:


	June 30, 2021			September 30, 2020
	June 30, 2021			September 30, 2020
Weighted average remaining lease term		3.7 years			4.2 years
Average discount rate		3.2	%		3.7	%

Maturities of lease liabilities by fiscal year for the Company’s operating leases were as follows as of June 30, 2021:


2021 (represents remainder of fiscal year)	$	613
2022		2,202
2023		1,590
2024		1,213
2025		913
Thereafter		385

Total lease payments		6,916
Less amount of lease payments representing interest		(380	)

Total present value of lease payments	$	6,536

Supplemental cash flow information related to the Company’s operating leases are as follows:


Nine Months Ended June 30,	2021		2020
Nine Months Ended June 30,	2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,611	$	1,213