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Leases (Tables)
12 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Summary of ROU Assets and Lease Liabilities
The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheets as of June 30, 2024 and 2023:
As of
June 30,
2024
June 30,
2023
ROU assets$106,468 $84,912 
Lease liabilities:
Operating leases, current18,548 10,127 
Operating leases, non-current128,022 110,259 
Total lease liabilities$146,570 $120,386 
Lease, Cost
The following table summarizes the activity recorded within the Company’s consolidated statements of operations for Fiscal Years 2024, 2023 and 2022:
Line Item in the Company’s Consolidated Statements of OperationsYears Ended June 30,
202420232022
Operating lease costDirect operating expenses$3,984 $1,676 $1,287 
Operating lease cost
Selling, general and administrative expenses
14,549 15,925 16,977 
Variable lease costDirect operating expenses1,740 — — 
Variable lease costSelling, general and administrative expenses28 20 
Total lease cost$20,301 $17,602 $18,284 
Supplemental cash flow information related to operating leases is as follows:
Years Ended June 30,
202420232022
Cash paid for amounts included in the measurement of operating lease liabilities$19,000 $12,332 $14,400 
Lease assets obtained in exchange for new lease obligations33,900 6,435 43,834 
Operating Lease Maturity Schedule
Maturities of operating lease liabilities are as follows:
As of
June 30, 2024
Fiscal year ending June 30, 2025$19,555 
Fiscal year ending June 30, 202619,438 
Fiscal year ending June 30, 202715,866 
Fiscal year ending June 30, 202816,020 
Fiscal year ending June 30, 202916,574 
Thereafter118,613 
Total lease payments206,066 
Less imputed interest59,496 
Total lease liabilities $146,570 
The weighted average remaining lease term and weighted average discount rate for our operating leases as of June 30, 2024 and 2023 were as follows:
As of
June 30,
2024
June 30,
2023
Weighted average remaining lease term (in years)11.412.1
Weighted average discount rate5.89 %5.38 %
Lessor, Operating Lease, Payment to be Received, Maturity The following table summarizes the Company’s sublease revenues for Fiscal Years 2024, 2023 and 2022:
Years Ended June 30,
202420232022
Sublease arrangements$3,028 $2,610 $1,900 
The maturities of operating lease cash flows to be received on an undiscounted basis for non-cancelable subleases are as follows:
As of
June 30, 2024
Fiscal year ending June 30, 2025$2,813 
Fiscal year ending June 30, 20262,084 
Total future minimum receipts$4,897