XML 94 R38.htm IDEA: XBRL DOCUMENT
v3.20.1

Leases (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2020
Leases [Abstract] |
Lease Costs and Other Information | The following illustrates the various components of operating lease costs for the period indicated:
| Three Months Ended March 31, 2020 |  | Nine Months Ended March 31, 2020
Operating lease cost | $ | 19,157 |  |  | $ | 51,259 |
Short-term lease cost | 455 |  |  | 743 |
Variable lease cost | 1,140 |  |  | 2,647 |
Sublease income | (1,481 | ) |  | (4,618 | )
Total lease cost | $ | 19,271 |  |  | $ | 50,031 |
The following table summarizes the weighted average remaining lease term and discount rate as of March 31, 2020:
Weighted-average remaining lease term | 5.82 years |
Weighted-average discount rate | 3.25 | %
Supplemental Cash Flow Information The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payment made for variable lease cost and short-term lease are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
| Three Months Ended March 31, 2020 |  | Nine Months Ended March 31, 2020
Cash paid for amounts included in the measurement of operating lease liabilities: | $ | 17,926 |  |  | $ | 53,996 |
Right of use assets obtained in exchange for new operating lease liabilities(1) : | $ | 4,129 |  |  | $ | 15,964 |
Maturity of Lease Liabilities | The following table presents the future minimum lease payments under our operating leases liabilities as of March 31, 2020:
Fiscal years ending June 30, |
2020 (three months ended June 30) | $ | 23,221 |
2021 | 68,819 |
2022 | 56,128 |
2023 | 41,905 |
2024 | 30,921 |
Thereafter | 79,646 |
Total Lease payments | $ | 300,640 |
Less: Imputed interest | (25,980 | )
Total | $ | 274,660 |
Reported as |
Current operating lease liabilities | 68,871 |
Non-current operating lease liabilities | 205,789 |
Total | $ | 274,660 |
Maturity of Non-cancellable Operating Leases | The following table presents the future minimum lease payments under our operating leases, based on the expected due dates of the various agreements as of June 30, 2019, as previously reported in our Annual Report on Form 10-K for the year ended June 30, 2019, prior to the adoption of Topic 842:
Fiscal years ending June 30, |
2020 | $ | 72,853 |
2021 | 59,451 |
2022 | 46,943 |
2023 | 33,871 |
2024 | 25,570 |
Thereafter | 80,163 |
Total minimum lease payments (1) | $ | 318,851 |
(1) Net of $30.7 million of sublease income to be received from properties which we have subleased to third parties.

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 http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 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 http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration