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Leases (Tables)

9 Months Ended

Mar. 31, 2025

Leases [Abstract]

Components of Lease Expense

The components of lease expense are as follows:


	Three Months Ended March 31,								Nine Months Ended March 31,
(In thousands)	2025				2024				2025				2024
Operating lease cost	$	3,591			$	3,529			$	12,254			$	10,905

Finance leases:
Amortization of leased assets		186				171				526				555
Interest on lease liabilities		24				20				67				53

Total finance lease cost	$	210			$	191			$	593			$	608

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows:


					Nine Months Ended March 31,
(In thousands)					2025				2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases					$	8,954			$	10,595
Operating cash flows paid for interest portion of finance leases						67				53
Financing cash flows paid for principal portion of finance leases						555				452

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases					$	16,969			$	5,278
Finance leases						848				211

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases are as follows:


					March 31,				June 30,
(In thousands)					2025				2024
Operating leases:
Operating lease right-of-use assets					$	55,242			$	49,850

Current portion of operating lease liabilities						12,484				11,629
Operating lease liabilities, net of current portion						49,855				45,026

Total operating lease liabilities					$	62,339			$	56,655

Finance leases:
Property, technology, and equipment, net					$	1,536			$	1,236

Current portion of finance lease liabilities						566				643
Finance lease liabilities, net of current portion						1,036				677

Total finance lease liabilities					$	1,602			$	1,320

Weighted average remaining lease term:
Operating leases					6.2 years				5.7 years
Finance leases					4.1 years				3.3 years

Weighted average discount rate:
Operating leases						5.79	%			5.52	%
Finance leases						5.83	%			5.62	%

Maturities of Lease Liabilities

As of March 31, 2025, maturities of lease liabilities for each of the next five fiscal years ending June 30 and thereafter are as follows:


(In thousands)					Operating				Finance
2025 (remaining)					$	5,408			$	284
2026						15,028				511
2027						13,716				296
2028						9,411				282
2029						6,565				271
Thereafter						26,285				238

Total lease payments						76,413				1,882

Less imputed interest						(14,074	)			(280	)

Total lease liabilities					$	62,339			$	1,602