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Leases - (Tables)
3 Months Ended
Sep. 30, 2024
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):
Three Months Ended September 30,
20242023
Operating leases:
     Fixed rent expense$1,737 $2,437 
     Variable rent expense270 252 
Finance lease:
     Amortization of equipment128 128 
     Interest59 75 
Short-term leases
     Short-term lease expenses32 40 
               Total lease expenses$2,226 $2,932 
Supplemental cash flow information related to the Company’s operating and finance leases is as follows (in thousands):
Three Months Ended September 30,
20242023
Cash paid from amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$1,607 $1,590 
     Operating cash flows from finance lease$59 $75 
     Financing cash flows from finance lease$227 $211 
Non-cash investing and financing information:
    Operating lease right-of-use assets obtained in exchange for lease obligations$832 $3,588 
Schedule of Lease Assets and Liabilities
Supplemental balance sheet information related to the Company’s operating and finance leases is as follows (in thousands, except lease term and discount rate):
September 30, 2024June 30,
2024
Operating Leases:
     ROU assets associated with operating leases$24,758 $25,050 
Finance Lease:
     Property, plant and equipment, gross$5,133 $5,133 
     Accumulated depreciation(1,299)(1,171)
          Property, plant and equipment, net$3,834 $3,962 
Weighted average remaining lease term (in years)
     Operating leases5.365.54
     Finance lease3.003.25
Weighted average discount rate
     Operating leases4.91 %4.91 %
     Finance lease7.51 %7.51 %
Schedule of Operating Lease Future Minimum Lease Payments (Topic 842)
Future minimum lease payments are as follows as of September 30, 2024 (in thousands):
Year ending June 30,Operating LeasesFinance Leases
The remainder of fiscal 2025$4,882 $858 
20265,793 1,144 
20274,863 1,144 
20284,314 191 
20294,027 — 
Thereafter5,274 — 
Total minimum lease payments29,153 3,337 
Less amount representing interest(3,630)(348)
Total lease liabilities$25,523 $2,989 
Schedule of Finance Lease Future Minimum Lease Payments (Topic 842)
Future minimum lease payments are as follows as of September 30, 2024 (in thousands):
Year ending June 30,Operating LeasesFinance Leases
The remainder of fiscal 2025$4,882 $858 
20265,793 1,144 
20274,863 1,144 
20284,314 191 
20294,027 — 
Thereafter5,274 — 
Total minimum lease payments29,153 3,337 
Less amount representing interest(3,630)(348)
Total lease liabilities$25,523 $2,989