COMMITMENTS AND CONTINGENCIES

3 Months Ended

Sep. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

(16) COMMITMENTS AND CONTINGENCIES

Operating Leases

Operating lease expense for the three months ended September 30, 2019 was $2.9 million. As of September 30, 2019, the weighted average remaining lease term was 6.3 years and the weighted average discount rate was 3.9%.

Future minimum lease payments under noncancelable operating leases with initial lease terms in excess of one year were as follows (in thousands):



	September 30, 2019		June 30, 2019^(a)
2020	$	8,724	$	12,130
2021	11,105		11,539
2022	11,020		11,468
2023	11,342		11,533
2024	11,510		11,510
Thereafter	20,660		20,645
Total future minimum lease payments	74,361		78,825
Less: imputed interest	8,938		—
Total operating lease liabilities^(b)	$	65,423	$	—


(a)	Presented in accordance with ASC Topic 840.


(b)	As of September 30, 2019, $9.1 million of the total operating lease liabilities were included within other liabilities, current in the Condensed Consolidated Balance Sheets.

Other Matters

The Company is not currently involved in any litigation it believes to be material. The Company is periodically involved in litigation, arising in the ordinary course of business or otherwise, which from time to time may include claims relating to commercial, product liability, tort and personal injury, employment, antitrust, intellectual property, or other regulatory matters. If current or future government regulations, specifically, those with respect to antitrust or healthcare laws, are interpreted or enforced in a manner adverse to the Company or its business, the Company may be subject to enforcement actions, penalties and other material limitations which could have a material adverse effect on the Company's business, financial condition and results of operations.