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Leases (Tables)
9 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Assets and Liabilities, Lessee
The following table presents amounts recorded on the Condensed Consolidated Balance Sheets related to operating leases at March 31, 2025 and June 30, 2024:

March 31, 2025June 30, 2024
Operating leasesBalance Sheet location(in thousands)
Operating lease right-of-use assetsOther non-current assets$11,155 $9,057 
Current operating lease liabilitiesAccrued expenses and other current liabilities$3,928 $3,398 
Long-term operating lease liabilitiesOther long-term liabilities$7,932 $6,507 
Schedule of Lease, Cost
The following table presents amounts recorded in operating lease expense as part of selling general and administrative expenses on the Condensed Consolidated Income Statements during the quarters and nine months ended March 31, 2025 and 2024. Operating lease costs contain immaterial amounts of short-term lease costs for leases with an initial term of 12 months or less.
Quarter ended March 31,Nine months ended March 31,
2025202420252024
(in thousands)
Operating lease cost$1,113 $1,143 $3,329 $3,786 
Variable lease cost398 364 1,072 1,069 
$1,511 $1,507 $4,401 $4,855 

Supplemental cash flow information related to the Company's operating leases for the nine months ended March 31, 2025 and 2024 are presented in the table below:

Nine months ended March 31,
20252024
(in thousands)
Cash paid for amounts in the measurement of lease liabilities$3,039 $4,019 
Right-of-use assets obtained in exchange for lease obligations5,035 840 

The weighted-average remaining lease term and discount rate at March 31, 2025 are presented in the table below:

March 31, 2025
Weighted-average remaining lease term3.22 years
Weighted-average discount rate5.26 %
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table presents the maturities of the Company's operating lease liabilities at March 31, 2025:

Operating leases
(in thousands)
2025$1,095 
20264,418 
20274,069 
20281,690 
20291,013 
Thereafter603 
Total future payments12,888 
Less: amounts representing interest1,028 
Present value of lease payments$11,860