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Leases (Tables) | 12 Months Ended
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Jun. 30, 2024
Leases [Abstract] |
Lease, Cost | The following table sets forth the components of the Company's lease cost for the fiscal years ended June 30, 2024, 2023 and 2022:
|  | Years Ended June 30,
($ in millions) |  | 2024 |  | 2023 |  | 2022
Operating lease cost |  | $ | 11.0 |  |  | $ | 11.3 |  |  | $ | 10.9 |
Short-term lease cost |  | 4.4 |  |  | 3.8 |  |  | 3.5 |
Variable lease cost |  | 0.2 |  |  | 0.1 |  |  | 0.1 |
Sublease income |  | (1.0) |  |  | (1.2) |  |  | (1.0) |
Total lease cost |  | $ | 14.6 |  |  | $ | 14.0 |  |  | $ | 13.5 |
Operating cash flow payments from operating leases |  | $ | 11.6 |  |  | $ | 12.3 |  |  | $ | 11.4 |
Noncash ROU assets obtained in exchange for lease obligations |  | $ | 4.3 |  |  | $ | 9.9 |  |  | $ | 16.5 |
The leases have a remaining term of one to thirteen years. The following table sets forth the Company's weighted-average remaining lease term and weighted-average discount rate at June 30, 2024, 2023 and 2022:
|  | Years Ended June 30,
|  | 2024 |  | 2023 |  | 2022
Weighted-average remaining lease term - operating leases |  | 7.4 years |  | 8.0 years |  | 8.5 years
Weighted-average discount rate - operating leases |  | 4.4 | % |  | 4.1 | % |  | 3.7 | %
Assets and Liabilities Lessee | The following table sets forth the Company's ROU assets and lease liabilities at June 30, 2024 and June 30, 2023:
|  | June 30,
($ in millions) |  | 2024 |  | 2023
Operating lease assets: |  |  |  |
Other assets |  | $ | 39.0 |  |  | $ | 43.9 |
Operating lease liabilities: |  |  |  |
Accrued liabilities |  | $ | 8.8 |  |  | $ | 9.1 |
Other liabilities |  | 38.4 |  |  | 43.6 |
Total operating lease liabilities |  | $ | 47.2 |  |  | $ | 52.7 |
Schedule of Minimum Lease Payments for Operating Leases | Minimum lease payments by fiscal year for operating leases expiring subsequent to June 30, 2024, are as follows:
($ in millions) |  | Lease Payments
2025 |  | $ | 10.4 |
2026 |  | 8.1 |
2027 |  | 7.6 |
2028 |  | 6.4 |
2029 |  | 4.9 |
Thereafter |  | 17.7 |
Total future minimum lease payments |  | 55.1 |
Less: imputed interest |  | 7.9 |
Total |  | $ | 47.2 |

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- Definition Assets And Liabilities Lessee [Table Text Block] + References No definition available. + Details
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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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