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LEASES (Tables) | 6 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Schedule of Lease Costs and Other Information | The following illustrates the various components of operating lease costs for the period indicated:
| Three Months Ended December 31, |  | Six Months Ended December 31,
| 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease cost | $ | 13,991 |  |  | $ | 15,572 |  |  | $ | 28,302 |  |  | $ | 30,963 |
Short-term lease cost | 170 |  |  | 190 |  |  | 557 |  |  | 309 |
Variable lease cost | 621 |  |  | 577 |  |  | 1,200 |  |  | 1,165 |
Sublease income | (2,904) |  |  | (1,969) |  |  | (5,816) |  |  | (3,858) |
Total lease cost | $ | 11,878 |  |  | $ | 14,370 |  |  | $ | 24,243 |  |  | $ | 28,579 |
The weighted average remaining lease term and discount rate for the periods indicated below were as follows:
| As of December 31, 2022 |  | As of June 30, 2022
Weighted-average remaining lease term | 5.73 years |  | 6.13 years
Weighted-average discount rate | 3.43 | % |  | 2.95 | %
The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
| Six Months Ended December 31,
| 2022 |  | 2021
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 35,230 |  |  | $ | 35,046 |
Right of use assets obtained in exchange for new operating lease liabilities (1) | $ | 25,061 |  |  | $ | 20,416 |
___________________________ (1)The six months ended December 31, 2021 excludes the impact of $9.7 million of right of use assets obtained through the acquisition of Zix Corporation. See Note 19 "Acquisitions" for further details including the finalization of the purchase price allocation for the acquisition of Zix Corporation.
Schedule of Maturity of Lease Liabilities | The following table presents the future minimum lease payments under our operating leases liabilities as of December 31, 2022:
Fiscal years ending June 30, |
2023 (six months ended) | $ | 33,886 |
2024 | 59,744 |
2025 | 47,063 |
2026 | 33,634 |
2027 | 30,697 |
Thereafter | 66,621 |
Total lease payments | $ | 271,645 |
Less: Imputed interest | (24,537) |
Total | $ | 247,108 |
Reported as: |
Current operating lease liabilities | $ | 58,299 |
Non-current operating lease liabilities | 188,809 |
Total | $ | 247,108 |

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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 -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 + 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 -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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