XML 43 R28.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 20 - Leases | 12 Months Ended
--- | ---
Jun. 30, 2021
Notes to Financial Statements |
Lessee, Operating Leases [Text Block] | 20. LEASES In the normal course of its business, the Company enters into various leases as the lessee, primarily related to certain transportation vehicles, facilities, office space, and machinery and equipment. These leases have remaining lease terms between one and fifty-seven years, some of which may include options to extend the leases or options to terminate the leases. Some lease arrangements require variable payments that are dependent on usage, output, or index-based adjustments. Amounts (in thousands) recorded in the Company's Condensed Consolidated Balance Sheet and Statement of Operations related to leases are as follows:
|  | June 30, 2021 |  |  | June 30, 2020 |
Assets |  |  |  |  |  |  |  |
Operating lease right-of-use-asset |  | $ | 37,276 |  |  | $ | 44,788 |
Liabilities |  |  |  |  |  |  |  |
Current (accrued liabilities) |  | $ | 7,933 |  |  | $ | 8,016 |
Operating lease long-term liabilities |  |  | 29,041 |  |  |  | 36,293 |
Total lease liability |  | $ | 36,974 |  |  | $ | 44,309 |
Lease cost The components of lease costs for the years ended June 30, 2021 and 2020 are as follows (in thousands):
|  | Year Ended |  |  | Year Ended |
|  | June 30, 2021 |  |  | June 30, 2020 |
Operating lease cost |  | $ | 11,747 |  |  | $ | 10,791 |
Variable lease cost |  |  | 863 |  |  |  | 492 |
Net lease cost |  | $ | 12,610 |  |  | $ | 11,283 |
Maturity of lease liability The maturity of the Company's lease liabilities included in continuing operations at June 30, 2021 were as follows (in thousands):
|  | Operating Leases |
2022 |  |  | 8,823 |
2023 |  |  | 6,213 |
2024 |  |  | 4,995 |
2025 |  |  | 4,097 |
2026 |  |  | 3,313 |
After 2026 |  |  | 13,724 |
Less: interest |  |  | (4,191 | )
Present value of lease liabilities |  | $ | 36,974 |
The weighted average remaining lease term and discount rates are as follows:
Lease Term and Discount Rate |  | June 30, 2021 |
Weighted average remaining lease term (years) |  |  | 9.3 |
Weighted average discount rate (percentage) |  |  | 2.61 | %
Other Information Supplemental cash flow information related to leases is as follows:
|  | Year Ended |  |  | Year Ended |
|  | June 30, 2021 |  |  | June 30, 2020 |
Operating cash outflows from operating leases |  | $ | 11,025 |  |  | $ | 10,436 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration