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Leases (Tables)
12 Months Ended
Jun. 30, 2025
Leases  
Summary of operating lease information

The following table summarizes the ROU assets and the related lease liabilities recorded on the consolidated balance sheet:

As of June 30

    

2025

    

2024

    

Balance Sheet Classification

Assets:

 

  

 

  

 

  

Operating lease ROU assets

$

41,339

$

37,604

 

Other assets

Liabilities:

 

  

 

  

 

  

Current portion

 

9,127

 

7,460

 

Accrued expenses and
other current liabilities

Non-current portion

 

33,740

 

29,915

 

Other liabilities

Total operating lease liabilities

$

42,867

$

37,375

 

  

The following table summarizes the composition of net lease expense:

For the Year Ended June 30

    

2025

2024

    

2023

Operating lease expense

$

9,809

$

8,888

$

8,363

Variable lease expense

 

2,059

 

1,150

 

1,139

Short-term lease expense

 

1,477

 

1,397

 

1,522

Total lease expense

$

13,345

$

11,435

$

11,024

The following tables include other supplemental information:

For the Year Ended June 30

    

2025

    

2024

2023

Operating cash flows used for ROU operating leases

$

9,670

$

8,231

$

7,798

Non-cash changes to ROU operating assets and lease liabilities

$

11,458

$

9,283

$

5,114

As of June 30

    

2025

    

2024

Weighted average remaining lease term (in years) - operating leases

 

9.1

9.6

Weighted average discount rate - operating leases

 

5.01

%

4.73

%

 

Summary of maturities of future lease liabilities

For the Years Ending June 30

    

2026

$

10,151

2027

 

8,157

2028

 

6,232

2029

 

4,459

2030

 

3,613

2031 and thereafter

 

19,315

Total lease payments

 

51,926

Less: interest

 

9,059

Total operating lease liabilities

$

42,867