The Company has operating leases primarily for its office facilities. The leases expire at various dates through fiscal year 2028, 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 months ended September 30, 2022 and 2021 were as follows (in thousands):

	Three Months Ended
	September 30,
	2022		2021
Operating lease expense	$	1,226	$	1,301
Short-term lease expense		169		169
Variable lease expense ⁽¹⁾		143		120
Total lease expense	$	1,538	$	1,590

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

	Three Months Ended
	September 30,
	2022			2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	1,470		$	1,531

Lease liabilities arising from obtaining right-of-use assets
Operating leases	$	328		$	—

Weighted average remaining lease term - operating leases	1.8 years			2.5 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 September 30, 2022 were as follows (in thousands):

Fiscal Year Ending June 30,	Amount
2023 (remaining nine months)	$	4,416
2024		3,858
2025		923
2026		147
2027		79
Thereafter		34
Total minimum lease payments		9,457
Less imputed interest		(1,524	)
Present value of net minimum lease payments	$	7,933
Operating lease liabilities:
Current	$	5,042
Noncurrent		2,891
Total	$	7,933

Total future principal contractual obligations for operating lease commitments exceeded the undiscounted lease liability by $0.2 million as of September 30, 2022, primarily because the lease liability excluded short-term lease payments (due to the adoption of the short-term lease exemption).