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LEASES (Tables) | 6 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Assets And Liabilities, Lessee | The following illustrates the Condensed Consolidated Balance Sheets information related to leases:
|  | As of December 31, 2023 |  | As of June 30, 2023
Operating Leases | Balance Sheet Location |  |  |
Operating lease right of use assets (1) | Operating lease right of use assets | $ | 245,118 |  |  | $ | 285,723 |
Operating lease liabilities (current) (1) | Operating lease liabilities | $ | 86,868 |  |  | $ | 91,425 |
Operating lease liabilities (noncurrent) (1) | Long-term operating lease liabilities | 236,481 |  |  | 271,579 |
Total operating lease liabilities |  | $ | 323,349 |  |  | $ | 363,004 |
Finance Leases |  |  |  |
Finance lease receivables (current) | Prepaid expenses and other current assets | $ | 4,911 |  |  | $ | 6,362 |
Finance lease receivables (noncurrent) | Other assets | 3,676 |  |  | 5,515 |
Total finance lease receivables |  | $ | 8,587 |  |  | $ | 11,877 |
Finance lease liabilities (current) | Accounts payable and accrued liabilities | $ | 4,413 |  |  | $ | 5,281 |
Finance lease liabilities (noncurrent) | Accrued liabilities | 3,672 |  |  | 5,500 |
Total finance lease liabilities |  | $ | 8,085 |  |  | $ | 10,781 |
______________________ (1)Excludes Operating lease right of use assets of $0.7 million that have been reclassified to Assets held for sale, as well as $0.3 million of Operating lease liabilities and $0.4 million of Long-term operating lease liabilities that have been reclassified to Liabilities held for sale related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”
Schedule of Lease Costs and Other Information | The weighted average remaining lease term and discount rate, inclusive of assets held, for sale for the periods indicated below were as follows:
| As of December 31, 2023 |  | As of June 30, 2023
Weighted-average remaining lease term |  |  |
Operating leases | 5.33 years |  | 5.62 years
Finance leases | 2.07 years |  | 2.40 years
Weighted-average discount rate |  |  |
Operating leases | 4.77 | % |  | 4.66 | %
Finance leases | 5.55 | % |  | 5.60 | %
The following illustrates the various components of lease costs for the period indicated:
| Three Months Ended December 31, |  | Six Months Ended December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease cost | $ | 22,594 |  |  | $ | 13,991 |  |  | $ | 46,334 |  |  | $ | 28,302 |
Short-term lease cost | 737 |  |  | 170 |  |  | 1,892 |  |  | 557 |
Variable lease cost | 1,321 |  |  | 621 |  |  | 2,456 |  |  | 1,200 |
Sublease income | (3,375) |  |  | (2,904) |  |  | (6,713) |  |  | (5,816) |
Total lease cost | $ | 21,277 |  |  | $ | 11,878 |  |  | $ | 43,969 |  |  | $ | 24,243 |
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 lease liabilities, and, as such, are excluded from the amounts below:
| Six Months Ended December 31,
| 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating leases | $ | 55,800 |  |  | $ | 35,230 |
Finance leases | $ | 2,763 |  |  | $ | — |
Right of use assets obtained in exchange for new lease liabilities: |  |  |
Operating leases | $ | 9,219 |  |  | $ | 25,061 |
Schedule of Maturity of Lease Liabilities | The following table presents the future minimum lease payments under our lease liabilities as of December 31, 2023:
Fiscal years ending June 30, | Operating Leases |  | Finance Leases
2024 (six months ended) | $ | 52,754 |  |  | $ | 2,757 |
2025 | 85,793 |  |  | 3,373 |
2026 | 65,735 |  |  | 1,941 |
2027 | 53,788 |  |  | 459 |
2028 | 40,336 |  |  | — |
Thereafter | 66,235 |  |  | — |
Total lease payments | $ | 364,641 |  |  | $ | 8,530 |
Less: Imputed interest | (40,636) |  |  | (445) |
Total | $ | 324,005 |  |  | $ | 8,085 |

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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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