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Leases (Tables)
 6 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of operating lease liabilities 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)
2024 (remainder of)  $1,959 
2025   3,522 
2026   2,783 
2027   1,470 
2028   812 
Thereafter   1,152 
Total minimum lease payments   11,698 
Less: amounts representing interest   816 
Present value of minimum lease payments   10,882 
Less: current portion   3,495 
Long-term portion  $7,387 

 
Schedule of Operating Leases The table below presents additional information related to the Company’s operating leases (in thousands):
   Six months ended
December 31,		  Three months ended
December 31,
   2023  2022  2023  2022
Operating lease cost                    
Operating lease cost (1)  $2,036   $1,616   $1,035   $843 
Variable lease cost (2)   2,218    144    1,143    126 
Total lease cost  $4,254   $1,760   $2,178   $969 
(1)Expenses are classified as selling, general and administrative expenses in the Company’s condensed consolidated statements of operations.
(2)Certain of the Company’s subsidiaries lease space at locations where (i) they install laundry equipment and customers pay for the use of equipment and (ii) the leased space is paid for as part of a revenue sharing arrangement. The Company did not report this variable lease cost in the three or six months ended December 31, 2022 and does not believe the omission is material to the Company’s consolidated financial statements. These expenses are classified within cost of sales in the Company’s condensed consolidated statements of operations.
The table below presents lease-related terms and discount rates as of December 31, 2023:
    December 31, 2023
Weighted average remaining lease terms    
Operating leases   3.8 years
Weighted average discount rate    
Operating leases   3.49 %
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 six months ended December 31, 2023 and 2022 (in thousands):
   Six months ended December 31,
   2023  2022
Cash paid for amounts included in the measurement of lease liabilities:  $2,036   $1,616 
Operating lease right-of-use assets obtained in exchange for operating lease liabilities:  $3,095   $524 
Schedule of Minimum Lease Payments Receivable 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
2024 (remainder of)  $2,633   $1,680   $953 
2025   4,282    2,803    1,479 
2026   3,484    2,109    1,375 
2027   2,606    1,437    1,169 
2028   1,579    781    798 
Thereafter   1,611    758    853 
             $6,627*

* Excludes residual values of $2.9 million.