XML 57 R16.htm IDEA: XBRL DOCUMENT
v3.19.3

Leases | 3 Months Ended
--- | ---
Sep. 30, 2019
Leases [Abstract] |
LEASES | NOTE 9– LEASES We have operating leases for facilities, vehicles, and other equipment. Our facility leases are primarily used for administrative functions, research and development, manufacturing, and storage and distribution. Our finance leases are not material. Our existing leases do not contain significant restrictive provisions or residual value guarantees; however, certain leases contain provisions for payment of maintenance, real estate taxes, or insurance costs by us. Our leases have remaining lease terms ranging from less than one year to eleven years, including periods covered by options to extend the lease when it is reasonably certain that the option will be exercised. Total lease expense for the three months ended September 30, 2019 was $8.7 million and included $0.2 million of costs related to short term leases which are not recorded on the Condensed Consolidated Balance Sheets. At September 30, 2019, the weighted average remaining lease term and weighted average discount rate for operating leases was 5.2 years and 1.7%, respectively. Supplemental cash flow information related to leases was as follows:
Three months ended September 30, 2019 | Amount (In thousands)
Operating cash outflows from operating leases | 8,374 |
ROU assets obtained in exchange for new operating lease liabilities | 2,805 |
Maturities of lease liabilities as of September 30, 2019 were as follows:
Fiscal year ending June 30, | Amount (In thousands)
2020 (remaining 9 months) | 23,347 |
2021 | 24,802 |
2022 | 18,374 |
2023 | 12,827 |
2024 | 8,760 |
2025 and thereafter | 20,856 |
Total lease payments | 108,966 |
Less imputed interest | (4,559 | )
Total | 104,407 |
As of September 30, 2019, we did not have material leases that had not yet commenced. As of June 30, 2019, future minimum lease payments as defined under the previous lease accounting guidance of ASC 840 under noncancelable operating leases were as follows:
Fiscal year ending June 30, | Amount (In thousands)
2020 | $ | 30,296 |
2021 | 22,250 |
2022 | 16,217 |
2023 | 11,878 |
2024 | 7,912 |
2025 and thereafter | 15,018 |
Total minimum lease payments | $ | 103,571 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration