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Note 20 - Leases | 12 Months Ended
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Jun. 30, 2024
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-five 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 recorded in the Company's Consolidated Balance Sheet and Statement of Operations related to leases are as follows (in thousands):
|  | June 30, 2024 |  |  | June 30, 2023 |
Assets |  |  |  |  |  |  |  |
Operating lease right-of-use-asset |  | $ | 37,078 |  |  | $ | 33,273 |
Liabilities |  |  |  |  |  |  |  |
Current accrued liabilities |  | $ | 8,289 |  |  | $ | 8,036 |
Operating lease long-term liabilities |  |  | 30,725 |  |  |  | 25,774 |
Total lease liability |  | $ | 39,014 |  |  | $ | 33,810 |
Lease cost The components of lease costs are as follows (in thousands):
|  | Year Ended |  |  | Year Ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Operating lease cost |  | $ | 11,477 |  |  | $ | 10,391 |
Variable lease cost |  |  | 1,270 |  |  |  | 1,365 |
Net lease cost |  | $ | 12,747 |  |  | $ | 11,756 |
Maturity of lease liability The maturity of the Company's lease liabilities included in continuing operations at June 30, 2024 were as follows (in thousands):
|  | Operating Leases |
2025 |  | $ | 9,596 |
2026 |  |  | 8,019 |
2027 |  |  | 7,025 |
2028 |  |  | 5,574 |
2029 |  |  | 4,327 |
After 2029 |  |  | 9,937 |
Less: interest |  |  | (5,464 | )
Present value of lease liabilities |  | $ | 39,014 |
The weighted average remaining lease term and discount rates are as follows:
Lease Term and Discount Rate |  | June 30, 2024 |
Weighted average remaining lease term (years) |  |  | 6.59 |
Weighted average discount rate (percentage) |  |  | 3.94 | %
Other Information Supplemental cash flow information related to leases is as follows:
|  | Year Ended |  |  | Year Ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Operating cash outflows from operating leases |  | $ | 11,204 |  |  | $ | 9,553 |

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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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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