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Leases (Tables) | 9 Months Ended
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Mar. 31, 2021
Leases [Abstract] |
Schedule of Right-of-Use Asset and Lease Liability | The right-of-use assets and lease liabilities were as follows as of March 31, 2021:
(in thousands) | Balance Sheet Classification |  | Amount
Assets |  |  |
Operating leases | Operating lease right-of-use assets |  | $ | 30,381 |
Finance leases | Property and equipment - net |  | 228 |
Total lease right-of-use assets |  |  | 30,609 |
Liabilities |  |  |
Current |  |  |
Operating leases | Operating lease liabilities - current |  | 5,130 |
Finance leases | Other current liabilities |  | 202 |
Non-current |  |  |
Operating leases | Operating lease liabilities |  | 37,716 |
Finance leases | Other liabilities |  | 75 |
Total lease liabilities |  |  | $ | 43,123 |
Schedule of Lease Costs and Supplemental Information | The components of lease costs were as follows for the periods presented:
(in thousands) | Three Months Ended March 31, 2021 |  | Nine Months Ended March 31, 2021
Finance lease costs(1) | $ | 69 |  |  | $ | 194 |
Operating lease costs(2) | 1,980 |  |  | 5,859 |
Short-term lease costs | 42 |  |  | 168 |
Variable lease costs(3) | 201 |  |  | 915 |
Sublease income | (403) |  |  | (638) |
Total net lease costs | $ | 1,889 |  |  | $ | 6,498 |
(1) Primarily consists of amortization of finance lease right-of-use assets and an immaterial amount of interest on finance lease liabilities recorded in operating costs and expenses and interest expense, net in the condensed consolidated statements of comprehensive income. (2) Recorded in operating costs and expenses in the condensed consolidated statements of comprehensive income. (3) Variable lease costs are not included in the measurement of the lease liability or right-of-use asset as they are not based on an index or rate and primarily represents common area maintenance charges and real estate taxes recorded in operating costs and expenses in the condensed consolidated statements of comprehensive income. Supplemental Information—Supplemental information related to leases was as follows as of and for the nine months ended March 31, 2021:
(in thousands) | Operating Leases |  | Finance leases |  | Total
Cash paid for amounts included in measurement of liabilities: |  |  |  |  |
Operating cash flows from leases | $ | 5,045 |  |  | $ | 8 |  |  | $ | 5,053 |
Financing cash flows from leases | — |  |  | 201 |  |  | 201 |
Right-of-use assets obtained in exchange for new lease liabilities | $ | 3,632 |  |  | $ | 194 |  |  | $ | 3,826 |
| Operating Leases |  | Finance leases
Weighted-average remaining lease term (in years) | 7.05 |  | 1.31
Weighted-average discount rate | 9.63 | % |  | 6.51 | %
Schedule of Maturity of Operating Lease Liabilities | As of March 31, 2021, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows:
(in thousands) |  | Operating leases |  | Finance leases |  | Total
Remainder of 2021 |  | $ | 2,145 |  |  | $ | 65 |  |  | $ | 2,210 |
2022 |  | 8,946 |  |  | 196 |  |  | 9,142 |
2023 |  | 8,478 |  |  | 27 |  |  | 8,505 |
2024 |  | 8,857 |  |  | — |  |  | 8,857 |
2025 |  | 8,870 |  |  | — |  |  | 8,870 |
2026 |  | 6,591 |  |  | — |  |  | 6,591 |
Thereafter |  | 15,115 |  |  | — |  |  | 15,115 |
Total undiscounted lease payments |  | 59,002 |  |  | 288 |  |  | 59,290 |
Less: interest |  | 16,156 |  |  | 11 |  |  | 16,167 |
Present value of lease liabilities |  | $ | 42,846 |  |  | $ | 277 |  |  | $ | 43,123 |
Schedule of Maturity of Finance Lease Liabilities | As of March 31, 2021, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows:
(in thousands) |  | Operating leases |  | Finance leases |  | Total
Remainder of 2021 |  | $ | 2,145 |  |  | $ | 65 |  |  | $ | 2,210 |
2022 |  | 8,946 |  |  | 196 |  |  | 9,142 |
2023 |  | 8,478 |  |  | 27 |  |  | 8,505 |
2024 |  | 8,857 |  |  | — |  |  | 8,857 |
2025 |  | 8,870 |  |  | — |  |  | 8,870 |
2026 |  | 6,591 |  |  | — |  |  | 6,591 |
Thereafter |  | 15,115 |  |  | — |  |  | 15,115 |
Total undiscounted lease payments |  | 59,002 |  |  | 288 |  |  | 59,290 |
Less: interest |  | 16,156 |  |  | 11 |  |  | 16,167 |
Present value of lease liabilities |  | $ | 42,846 |  |  | $ | 277 |  |  | $ | 43,123 |
Schedule of Future Minimum Rental Payments for Operating Leases | The following table summarizes the future annual minimum lease obligations under non-cancelable operating leases at June 30, 2020, under the previous lease accounting standard ASC 840, Leases (in thousands):
2021 | $ | 8,781 |
2022 | 8,497 |
2023 | 7,991 |
2024 | 8,353 |
2025 | 8,306 |
Thereafter | 21,262 |
Total minimum lease payments | $ | 63,190 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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 http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- 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 http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- 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 http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
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