The Company has operating leases primarily for its office facilities. The leases expire at various dates through fiscal year 2026, some of which include options to renew, with renewal terms of up to 5 years. The Company does not include any renewal options in the lease terms for calculating lease liability, as the renewal options allow the Company to maintain operational flexibility and the Company is not reasonably certain that it will exercise these renewal options at the time of the lease commencement.

	Three Months Ended		Six Months Ended
	December 31, 2019		December 31, 2019
Operating lease expense	$	999	$	2,003
Short-term lease expense		268		556
Variable lease expense ⁽¹⁾		154		298
Total lease expense	$	1,421	$	2,857

Rent expense was $1.0 million and $2.0 million during the three and six months ended December 31, 2018, which was recognized using the straight-line method over the term of a lease in accordance with legacy guidance.

Supplemental information related to operating leases was as follows (in thousands, except lease term and discount rate):

	Six Months Ended
	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	1,846

Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	43

Weighted average remaining lease term - operating leases	3.7 years
Weighted average discount rate - operating leases		4.5	%

The implicit rate within each lease is not readily determinable and therefore the Company uses its incremental borrowing rate at the lease commencement date to determine the present value of the lease payments. The determination of the incremental borrowing rate requires judgement. The Company determined its incremental borrowing rate for each lease using indicative bank borrowing rates, adjusted for various factors including level of collateralization, term and currency to align with the terms of a lease.

Maturities of operating lease liabilities as of December 31, 2019 were as follows (in thousands):

Fiscal Year Ending June 30,	Amount
2020 (remaining six months)	$	1,911
2021		4,563
2022		4,273
2023		3,834
2024		1,810
Thereafter		183
Total minimum lease payments	$	16,574
Less imputed interest		(1,726	)
Present value of net minimum lease payments	$	14,848
Operating lease liabilities:
Current		4,079
Noncurrent		10,769
Total	$	14,848

Total future principal contractual obligations for operating lease commitments exceeded the undiscounted lease liability by $0.7 million as of December 31, 2019, primarily because the lease liability excluded short-term lease payments (due to the adoption of the short-term lease exemption).

Future annual minimum lease payments under noncancellable operating leases as of June 30, 2019 were as follows (in thousands):

	Operating
Fiscal Year Ending June 30,	Leases
2020	$	3,529
2021		4,263
2022		4,234
2023		3,801
2024		1,312
Thereafter		176
Total	$	17,315