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LEASES | 12 Months Ended
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Jun. 30, 2022
Leases [Abstract] |
LEASES | LEASES The Company leases office space under operating lease agreements scheduled to expire at various dates. Operating lease expense for the years ended June 30, 2022, 2021 and 2020 was $10.8 million, $10.6 million, and $10.5 million, respectively. Supplemental balance sheet information related to leases as follows:
|  | Years End June 30,
(Dollars in thousands) |  | 2022 |  | 2021
Operating lease right-of-use assets |  | $ | 69,196 |  |  | $ | 64,077 |
Operating lease liabilities |  | 74,878 |  |  | 70,119 |
Weighted-average remaining lease term: |  |  |  |
Operating leases |  | 7.53 years |  | 8.30 years
Weighted-average discount rate: |  |  |  |
Operating leases |  | 2.79 | % |  | 2.90 | %
Supplemental cash flow information related to leases is as follows:
| Years End June 30,
(Dollars in thousands) | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows | $ | 9,888 |  |  | $ | 8,875 |
Maturities of Operating Lease Liabilities. The Company leases office space under operating lease agreements scheduled to expire at various dates. The following table represents maturities of lease liabilities as of June 30, 2022:
(Dollars in thousands) |
Within one year | $ | 10,509 |
After one year and within two years | 10,914 |
After two years and within three years | 11,104 |
After three years and within four years | 10,806 |
After four years and within five years | 10,865 |
After five years | 29,356 |
Total lease payments | 83,554 |
Less: amount representing interest | (8,676) |
Total Lease Liability | $ | 74,878 |
As of June 30, 2022, the Company is in compliance with all covenants contained in lease agreements.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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