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.

The components of lease expense for the three and nine months ended March 31, 2021 and 2020 were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2021		2020		2021		2020
Operating lease expense	$	1,315	$	981	$	3,943	$	2,984
Short-term lease expense		170		275		624		831
Variable lease expense ⁽¹⁾		139		126		426		416
Total lease expense	$	1,624	$	1,382	$	4,993	$	4,231

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

	Nine Months Ended
	March 31,
	2021			2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	4,544		$	2,513

Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	6,247		$	476

Weighted average remaining lease term - operating leases	2.9 years			3.4 years
Weighted average discount rate - operating leases		5.0	%		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 March 31, 2021 were as follows (in thousands):

Fiscal Year Ending June 30,	Amount
2021 (remaining three months)	$	1,482
2022		5,932
2023		5,506
2024		3,452
2025		726
Thereafter		33
Total minimum lease payments	$	17,131
Less imputed interest		(2,278	)
Present value of net minimum lease payments	$	14,853
Operating lease liabilities:
Current		5,411
Noncurrent		9,442
Total	$	14,853

Total future principal contractual obligations for operating lease commitments exceeded the undiscounted lease liability by $0.5 million as of March 31, 2021, primarily because the lease liability excluded short-term lease payments (due to the adoption of the short-term lease exemption).