Leases (Tables)

9 Months Ended

Mar. 31, 2020

Assets And Liabilities, Lessee [Table Text Block]

The following table presents the classification of right-of-use assets and lease liabilities as of March 31, 2020:



Leases	Consolidated Balance Sheet Classification	March 31, 2020

Assets:
Operating right-of-use assets	Operating lease assets, net	$	164,391
Finance right-of-use assets	Property, plant, and equipment, net	22,243
Total lease assets		$	186,634
Liabilities:
Current
Operating lease liabilities	Operating lease liabilities, current	$	37,405
Finance lease liabilities	Other current liabilities	7,833
Non-current
Operating lease liabilities	Operating lease liabilities, non-current	134,267
Finance lease liabilities	Other liabilities	19,360
Total lease liabilities		$	198,865

Other information about leases is as follows:



Lease Term and Discount Rate	March 31, 2020
Weighted-average remaining lease term (years)
Operating leases	6.17
Finance leases	4.63
Weighted-average discount rate
Operating leases	3.17	%
Finance leases	2.77	%

Lease, Cost [Table Text Block]

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.



	Nine Months Ended
Supplemental Cash Flow Information	March 31, 2020
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	32,379
Operating cash flows from finance leases	635
Financing cash flows from finance leases	8,354

The following table represents the lease expenses for the three and nine months ended March 31, 2020:



	Three Months Ended			Nine Months Ended
	March 31, 2020			March 31, 2020
Operating lease expense	$	10,962		$	32,416
Finance lease expense:
Amortization of finance lease assets	1,409			4,614
Interest on lease liabilities	195			635
Variable lease expense	2,808			8,433
Less: sublease income	(719		)	(2,478		)
Net lease cost	$	3,693		$	11,204

Lessee, Lease, Liability, Maturity [Table Text Block]

Future minimum lease payments under non-cancelable leases as of March 31, 2020 were as follows:



Payments Due by Period	Operating lease obligations			Finance lease obligations			Total lease obligations
Less than 1 year	$	42,136		$	8,393		$	50,529
2 years	35,915			7,822			43,737
3 years	29,907			5,308			35,215
4 years	23,618			3,338			26,956
5 years	18,075			1,933			20,008
Thereafter	37,878			1,925			39,803
Total	187,529			28,719			216,248
Less: present value discount	(15,857		)	(1,526		)	(17,383		)
Lease liability	$	171,672		$	27,193		$	198,865

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

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(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.