XML 42 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Leases - (Tables)
 9 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Components of Operating and Finance Lease Costs The components of the Company’s operating and finance lease expenses are as follows for the periods presented (in thousands):
Nine Months Ended March 31,
20222021
Operating leases:
     Fixed rent expense$4,955 $5,089 
     Variable rent expense741 599 
Finance lease:
     Amortization of equipment787 1,682 
     Interest692 1,699 
Short-term leases
     Short-term lease expenses144 164 
               Total lease expenses$7,319 $9,233 
Supplemental cash flow information related to the Company’s operating and finance lease is as follows (in thousands):

Nine Months Ended March 31,
20222021
Cash paid from amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$4,965 $4,721 
     Operating cash flows from finance lease$421 $1,699 
     Financing cash flows from finance lease$4,176 $12,267 
Non-cash investing and financing information:
    Operating lease right-of-use assets obtained in exchange for lease obligations$5,901 $2,843 
Schedule of Lease Assets and Liabilities
Supplemental balance sheets information related to the Company’s operating and finance leases is as follows (in thousands, except lease term and discount rate):
March 31,
2022		June 30,
2021
Operating Leases:
     ROU assets associated with operating leases$24,971 $34,660 
Finance Lease:
     Property, plant and equipment, gross$4,831 $114,404 
     Accumulated depreciation(15)(96,470)
          Property, plant and equipment, net$4,816 $17,934 
Weighted average remaining lease term (in years)
     Operating leases7.488.44
     Finance lease4.961.72
Weighted average discount rate
     Operating leases4.24 %4.67 %
     Finance lease4.50 %5.46 %
Schedule of Operating Lease Future Minimum Lease Payments (Topic 842)
Future minimum lease payments are as follows as of March 31, 2022 (in thousands):

Year ending June 30,Operating LeasesFinance Leases
The remainder of fiscal 2022$1,550 $163 
20235,382 1,074 
20244,123 1,083 
20253,254 1,083 
20263,207 1,083 
Thereafter13,658 754 
Total minimum lease payments31,174 5,240 
Less amount representing interest(4,751)(544)
Total lease liabilities$26,423 $4,696 
Schedule of Finance Lease Future Minimum Lease Payments (Topic 842)
Future minimum lease payments are as follows as of March 31, 2022 (in thousands):

Year ending June 30,Operating LeasesFinance Leases
The remainder of fiscal 2022$1,550 $163 
20235,382 1,074 
20244,123 1,083 
20253,254 1,083 
20263,207 1,083 
Thereafter13,658 754 
Total minimum lease payments31,174 5,240 
Less amount representing interest(4,751)(544)
Total lease liabilities$26,423 $4,696