XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.22.1

Leases (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2022
Leases [Abstract] |
Schedule of Maturities of Operating Lease Liabilities | The following table provides details of the Company’s future minimum lease payments under operating lease liabilities recorded on the Company’s condensed consolidated balance sheet as of March 31, 2022. The table below does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.
Fiscal years ending June 30, |  | Total Operating Lease Obligations (in thousands)
2022 (remainder of) |  | $ | 688 |
2023 |  |  | 2,579 |
2024 |  |  | 1,727 |
2025 |  |  | 1,169 |
2026 |  |  | 803 |
Thereafter |  |  | 1,921 |
Total minimum lease payments |  | $ | 8,887 |
Less: amounts representing interest |  |  | 645 |
Present value of minimum lease payments |  | $ | 8,242 |
Less: current portion |  |  | 2,458 |
Long-term portion |  | $ | 5,784 |
Schedule of Operating Leases | The table below presents additional information related to the Company’s operating leases (in thousands):
|  | Nine months ended March 31, |  | Three months ended March 31,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating lease cost (1) |  |  | 1,781 |  |  |  | 1,475 |  |  | $ | 671 |  |  | $ | 482 |
Short-term lease cost (1) |  |  | - |  |  |  | 12 |  |  |  | - |  |  |  | - |
Variable lease cost (1) |  |  | 320 |  |  |  | 287 |  |  |  | 44 |  |  |  | 122 |
Total lease cost |  |  | 2,101 |  |  |  | 1,774 |  |  | $ | 715 |  |  | $ | 604 |
(1) | Expenses are classified within selling, general and administrative expenses in the Company’s condensed consolidated statements of operations.
The table below presents lease-related terms and discount rates as of March 31, 2022:
|  | March 31, 2022
Weighted average remaining lease terms |  |
Operating leases |  | 4.9 years
Weighted average discount rate |  |
Operating leases |  | 3.1%
Schedule of Supplemental Cash Flow Information Related to Company's Long-Term Operating Lease Liabilities | The table below presents supplemental cash flow information related to the Company’s long-term operating lease liabilities for the nine months ended March 31, 2022 and 2021 (in thousands):
|  | Nine months ended March 31,
|  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  | $ | 1,919 |  |  | $ | 1,475 |
Operating lease right-of-use assets obtained in exchange for operating lease liabilities: |  | $ | 2,010 |  |  | $ | 3,793 |
Schedule of Minimum future rental commitments | The future minimum lease payments receivable for sales type leases are as follows (in thousands):
Fiscal years ending June 30, |  | Total Minimum Lease Payments Receivable |  | Amortization of Unearned Income |  | Net Investment in Sales Type Leases
2022 (remainder of) |  | $ | 1,004 |  |  | $ | 595 |  |  | $ | 409 |
2023 |  |  | 3,356 |  |  |  | 1,995 |  |  |  | 1,361 |
2024 |  |  | 2,577 |  |  |  | 1,476 |  |  |  | 1,101 |
2025 |  |  | 1,825 |  |  |  | 973 |  |  |  | 852 |
2026 |  |  | 1,211 |  |  |  | 551 |  |  |  | 660 |
Thereafter |  |  | 935 |  |  |  | 419 |  |  |  | 516 |
|  |  |  |  |  |  |  |  |  | $ | 4,899 | *
* Excludes residual values of $2.5 million.

X
- Definition Tabular disclosure of supplemental cash flow information related to company's long-term operating lease liabilities. + References No definition available. + Details
Name: | evi_ScheduleOfSupplementalCashFlowInformationRelatedToCompanysLongtermOperatingLeaseLiabilitiesTableTextBlock
Namespace Prefix: | evi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919396-209981 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration