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Leases (Notes)
 6 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessee, Operating Leases [Text Block] Leases
We enter into lease arrangements for real estate, construction equipment and information technology equipment in the normal course of business. Real estate leases accounted for approximately 98% of all right-of-use assets as of December 31, 2022. Most real estate and information technology equipment leases generally have fixed payments that follow an agreed upon payment schedule and have remaining lease terms ranging from less than one year to 13 years. Construction equipment leases generally have "month-to-month" lease terms that automatically renew as long as the equipment remains in use.
The components of lease expense in the Condensed Consolidated Statements of Income are as follows:
Three Months EndedSix Months Ended
December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Lease expenseLocation of Expense(in thousands)
Operating lease expenseCost of revenue and Selling, general and administrative expenses$1,788 $1,878 $3,551 $3,970 
Short-term lease expense(1)
Cost of revenue7,534 5,292 14,817 10,863 
Total lease expense$9,322 $7,170 $18,368 $14,833 
(1)Primarily represents the lease expense of construction equipment that is subject to month-to-month rental agreements with expected rental durations of less than one year.
The future undiscounted lease payments, as reconciled to the discounted operating lease liabilities presented in our Condensed Consolidated Balance Sheets, were as follows:
December 31, 2022
Maturity Analysis:(in thousands)
Remainder of Fiscal 2023$2,863 
Fiscal 20245,634 
Fiscal 20254,269 
Fiscal 20264,246 
Fiscal 20274,161 
Thereafter12,843 
Total future operating lease payments34,016 
Imputed interest (6,769)
Net present value of future lease payments27,247 
Less: current portion of operating lease liabilities4,534 
Non-current operating lease liabilities$22,713 

The following is a summary of the weighted average remaining operating lease term and weighted average discount rate as of December 31, 2022:
Weighted-average remaining lease term (in years)6.8 years
Weighted-average discount rate6.1 %

Supplemental cash flow information related to leases is as follows:
Six Months Ended
December 31, 2022
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating lease payments$3,617 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$5,219