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Leases (Tables)

9 Months Ended

Mar. 31, 2023

Leases [Abstract]

Schedule of Lease Term and Discount Rate

Operating lease expense is as follows (in thousands):

												Three Months Ended March 31,												Nine Months Ended March 31,
												2023						2022						2023						2022
Operating lease expense (1)												$8,325						$3,900						$15,841						$11,400

(1)During the three and nine months ended March 31, 2023, we incurred charges of $4.7 million, within restructuring charges, net, on our interim consolidated statements of operations, related to a reduction to our ROU lease assets which were attributed to certain leased space we are no longer utilizing for our business operations.

Lease term and discount rate information are summarized as follows:

												March 31, 2023
Weighted average remaining lease term (in years)												4.0
Weighted average discount rate												4.8%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of March 31, 2023 are as follows (in thousands) for the years ended:

2023 (remaining three months)						$	4,095
2024						16,504
2025						16,317
2026						15,371
2027 and thereafter						10,354
Total lease payments						62,641
Less imputed interest						(6,664)
Present value of lease liabilities						$	55,977

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
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Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

+ Details

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