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Leases (Tables)
12 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Assets And Liabilities Lessee
The following table presents amounts recorded on the Condensed Consolidated Balance Sheet related to operating leases at June 30, 2023 and 2022:

Operating leasesBalance Sheet locationJune 30, 2023June 30, 2022
(in thousands)
Operating lease right-of-use assetsOther non-current assets$12,539 $16,217 
Current operating lease liabilitiesAccrued expenses and other current liabilities4,355 4,499 
Long-term operating lease liabilitiesOther long-term liabilities9,329 13,085 
Lease, Cost
The following table presents amounts recorded in operating lease expense as part of selling general and administrative expenses on the Condensed Consolidated Income Statements during the fiscal years ended June 30, 2023, 2022 and 2021. Operating lease costs contain immaterial amounts of short-term lease costs for leases with an initial term of 12 months or less.

Fiscal year ended June 30,
202320222021
(in thousands)
Operating lease cost$5,224 $5,239 $5,256 
Variable lease cost1,460 1,208 1,068 
$6,684 $6,447 $6,324 
Supplemental cash flow information related to the Company's operating leases for the fiscal years ended June 30, 2023, 2022 and 2021 are presented in the table below:

Fiscal year ended June 30,
202320222021
(in thousands)
Cash paid for amounts in the measurement of lease liabilities$5,463 $5,182 $5,456 
Right-of-use assets obtained in exchange for lease obligations897 2,313 — 


The weighted-average remaining lease term and discount rate at June 30, 2023 and 2022 are presented in the table below:

June 30, 2023June 30, 2022
Weighted-average remaining lease term3.624.37
Weighted-average discount rate4.30 %3.98 %
Lessee, Operating Lease, Liability, Maturity
The following table presents the maturities of the Company's operating lease liabilities at June 30, 2023:

Operating leases
(in thousands)
2024$4,836 
20253,577 
20263,038 
20272,678 
2028632 
Thereafter— 
Total future payments14,761 
Less: amounts representing interest1,077 
Present value of lease payments$13,684