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Leases | 12 Months Ended
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Jun. 30, 2020
Leasing Disclosures [Abstract] |
Leases | Leases We lease certain machinery and plant equipment, office space, and production and warehouse facilities under non-cancelable operating leases that expire on various dates through 2034. Our finance leases primarily relate to machinery and plant equipment. The following table presents the classification of right-of-use assets and lease liabilities as of June 30, 2020:
Leases |  | Consolidated Balance Sheet Classification |  | June 30, 2020
Assets: |  |  |  |
Operating right-of-use assets |  | Operating lease assets, net |  | $ | 156,258 |
Finance right-of-use assets |  | Property, plant, and equipment, net |  | 20,842 |
Total lease assets |  |  |  | $ | 177,100 |
Liabilities: |  |  |  |
Current: |  |  |  |
Operating lease liabilities |  | Operating lease liabilities, current |  | $ | 41,772 |
Finance lease liabilities |  | Other current liabilities |  | 8,055 |
Non-current: |  |  |  |
Operating lease liabilities |  | Operating lease liabilities, non-current |  | 128,963 |
Finance lease liabilities |  | Other liabilities |  | 18,617 |
Total lease liabilities |  |  |  | $ | 197,407 |
The following table represents the lease expenses for the year ended June 30, 2020:
|  | Year Ended
|  | June 30, 2020
Operating lease expense |  | $ | 43,058 |
Finance lease expense: |  |
Amortization of finance lease assets |  | 5,766 |
Interest on lease liabilities |  | 698 |
Variable lease expense |  | 10,775 |
Less: sublease income |  | (3,545 | )
Net operating and finance lease cost |  | $ | 56,752 |
Future minimum lease payments under non-cancelable leases as of June 30, 2020 were as follows:
Payments Due by Period | Operating lease obligations |  | Finance lease obligations |  | Total lease obligations
Less than 1 year | $ | 42,320 |  |  | $ | 8,031 |  |  | $ | 50,351 |
2 years | 34,306 |  |  | 7,606 |  |  | 41,912 |
3 years | 27,663 |  |  | 5,142 |  |  | 32,805 |
4 years | 22,606 |  |  | 3,277 |  |  | 25,883 |
5 years | 16,511 |  |  | 1,921 |  |  | 18,432 |
Thereafter | 43,089 |  |  | 1,796 |  |  | 44,885 |
Total | 186,495 |  |  | 27,773 |  |  | 214,268 |
Less: present value discount | (15,760 | ) |  | (1,101 | ) |  | (16,861 | )
Lease liability | $ | 170,735 |  |  | $ | 26,672 |  |  | $ | 197,407 |
As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting standard, the following is a summary of future minimum lease payments under non-cancelable leases and build-to-suit arrangements as of June 30, 2019:
| Operating lease obligations |  | Build-to-suit lease obligations (1) |  | Finance lease obligations |  | Total lease obligations
2020 | $ | 30,269 |  |  | $ | 13,482 |  |  | $ | 11,468 |  |  | $ | 55,219 |
2021 | 22,849 |  |  | 13,836 |  |  | 6,414 |  |  | 43,099 |
2022 | 16,592 |  |  | 13,877 |  |  | 3,724 |  |  | 34,193 |
2023 | 12,553 |  |  | 12,426 |  |  | 2,544 |  |  | 27,523 |
2024 | 9,032 |  |  | 12,163 |  |  | 1,565 |  |  | 22,760 |
Thereafter | 8,338 |  |  | 40,656 |  |  | 2,403 |  |  | 51,397 |
Total | $ | 99,633 |  |  | $ | 106,440 |  |  | $ | 28,118 |  |  | $ | 234,191 |
___________________ (1) Build-to-suit minimum payments at June 30, 2019 related to our Waltham, MA and Dallas, TX leases, refer to Note 2 for additional details. Other information about leases is as follows:
Lease Term and Discount Rate |  | June 30, 2020
Weighted-average remaining lease term (years): |  |
Operating leases |  | 6.18 |
Finance leases |  | 4.61 |
Weighted-average discount rate: |  |
Operating leases |  | 2.83 | %
Finance leases |  | 2.62 | %
Our leases have remaining lease terms of 1 year to 15 years, inclusive of renewal or termination options that we are reasonably certain to exercise.
|  | Year Ended
Supplemental Cash Flow Information |  | June 30, 2020
Cash paid for amounts included in measurement of lease liabilities: |  |
Operating cash flows from operating leases (1) |  | $ | 40,777 |
Operating cash flows from finance leases |  | 698 |
Financing cash flows from finance leases (1) |  | 9,511 |
___________________ (1) During the fourth quarter of fiscal 2020, we negotiated rent payment holidays with several leasing counterparties for both operating and finance leases as a lease concession in response to the COVID-19 pandemic. Our cash flows from operating and finance leases in fiscal 2020 were higher by $6,385 and $1,833, respectively, due to these deferrals of lease payments.

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- Definition Leasing Disclosures [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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