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, 2022 and 2021 were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2022		2021		2022		2021
Operating lease expense	$	1,296	$	1,315	$	3,875	$	3,943
Short-term lease expense		143		170		469		624
Variable lease expense ⁽¹⁾		148		139		443		426
Total lease expense	$	1,587	$	1,624	$	4,787	$	4,993

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

	Nine Months Ended
	March 31,
	2022			2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	4,664		$	4,544

Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	564		$	6,247

Weighted average remaining lease term - operating leases	2.1 years			2.9 years
Weighted average discount rate - operating leases		5.1	%		5.0	%

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, 2022 were as follows (in thousands):

Fiscal Year Ending June 30,	Amount
2022 (remaining three months)	$	1,555
2023		5,869
2024		3,812
2025		876
2026		72
Total minimum lease payments		12,184
Less imputed interest		(1,842	)
Present value of net minimum lease payments	$	10,342
Operating lease liabilities:
Current	$	5,228
Noncurrent		5,114
Total	$	10,342

Total future principal contractual obligations for operating lease commitments exceeded the undiscounted lease liability by $0.3 million as of March 31, 2022, primarily because the lease liability excluded short-term lease payments (due to the adoption of the short-term lease exemption).