XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Leases | 6 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
Leases | 16. Leases The Company has entered into leasing arrangements classified as operating leases under accounting guidance. These leasing arrangements relate primarily to the lease of its corporate head office, administration offices and branch locations through which the Company operates its consumer business in South Africa. The Company’s operating leases have remaining lease terms of between one and five years . The Company also operates parts of its consumer business from locations which it leases for a period of less than one year . The Company’s operating lease expense during the three months ended December 31, 2023 and 2022 was $ 0.7 million and $ 0.8 million, respectively. The Company’s operating lease expense during the six months ended December 31, 2023 and 2022 was $ 1.4 million and $ 1.6 million, respectively. The Company has also entered into short-term leasing arrangements, primarily for the lease of branch locations and other locations, to operate its consumer business in South Africa. The Company’s short-term lease expense during the three months ended December 31, 2023 and 2022, was $ 1.0 million and $ 0.9 million, respectively. The Company’s short-term lease expense during the six months ended December 31, 2023 and 2022, was $ 1.9 million and $ 2.0 million, respectively. The following table presents supplemental balance sheet disclosure related to the Company’s right-of-use assets and its operating lease liabilities as of December 31, 2023 and June 30, 2023: December 31, June 30, 2023 2023 Right of use assets obtained in exchange for lease obligations: Weighted average remaining lease term (years) 3.7 1.8 Weighted average discount rate (percent) 10.0 9.7 16. Leases (continued) The maturities of the Company’s operating lease liabilities as of December 31, 2023, are presented below: Maturities of operating lease liabilities Year ended June 30, 2024 (excluding six months to December 31, 2023) $ 1,165 2025 1,863 2026 1,435 2027 1,297 2028 1,210 Thereafter 124 Total undiscounted operating lease liabilities 7,094 Less imputed interest 1,295 Total operating lease liabilities, included in 5,799 Operating lease liability - current 1,691 Operating lease liability - long-term $ 4,108

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 The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration