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Leases (Tables)
12 Months Ended
Jun. 30, 2023
Lessee Disclosure [Abstract]  
Summary of components of lease cost

The components of lease cost were as follows (in thousands):

Year Ended June 30, 

2023

2022

Operating lease cost

$

48,181

$

55,257

Sublease income

 

(13,329)

 

(13,920)

Total lease cost

$

34,852

$

41,337

Summary of maturities of lease liabilities

Maturities of lease liabilities by fiscal year as of June 30, 2023 were as follows (in thousands):

Operating

Fiscal Year

Leases

2024

$

49,487

2025

43,307

2026

37,468

2027

35,499

2028

28,350

Thereafter

59,538

Total lease payments

 

253,649

Less: tenant improvement allowance not yet received

(3,364)

Less: imputed interest

(49,171)

Present value of lease liabilities

$

201,114

Summary of lease term and discount rate

Lease term and discount rate were as follows:

June 30, 2023

Weighted-average remaining operating lease term (years)

6.2

Weighted-average operating lease discount rate

6.4%

Summary of supplemental disclosures of cash flow information related to leases

Supplemental disclosures of cash flow information related to leases were as follows (in thousands):

Year Ended June 30, 

2023

2022

Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts)

$

58,198

$

52,540

Operating lease assets obtained in exchange for operating lease liabilities

$

32,476

$

49,136

Schedule of Future minimum lease and sublease rental income Future minimum lease and sublease rental income under these agreements as of June 30, 2023, were as follows (in thousands):

Fiscal Year

Amount

2024

$

10,204

2025

5,082

2026

 

2,038

Total lease and sublease rental income

$

17,324