XML 52 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
12 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Lease Term and Discount Rate
Operating lease expense was as follows (in thousands):
Year ended
June 30,
202320222021
Operating lease expense (1) (2)
$18,954 $15,200 $15,300 
(1)During the year ended June 30, 2023, we incurred charges of $4.7 million, within restructuring and other, on our consolidated statements of operations, related to a reduction to our ROU lease assets.
(2)Lease expenses for our short-term leases were immaterial for the years presented.
Lease term and discount rate information are summarized as follows:
June 30, 2023
Weighted average remaining lease term (in years)3.9
Weighted average discount rate4.8%
Schedule of Maturities of Lease Liabilities
Maturities of operating lease liabilities as of June 30, 2023 are as follows (in thousands) for the years ended:
2024$16,496 
202516,317 
202615,371 
20272,680 
20282,185 
Thereafter5,503 
Total lease payments58,552 
Less imputed interest(5,995)
Present value of total lease liabilities$52,557