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Leases (Tables)
3 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are as follows:

 

Three Months Ended September 30,

 

(In thousands)

2025

 

 

2024

 

Operating lease cost

$

4,213

 

 

$

3,518

 

 

 

 

 

 

 

Finance leases:

 

 

 

 

 

Amortization of leased assets

 

77

 

 

 

151

 

Interest on lease liabilities

 

18

 

 

 

17

 

 

 

 

 

 

 

Total finance lease cost

$

95

 

 

$

168

 

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows:

 

Three Months Ended September 30,

 

(In thousands)

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

Operating cash flows paid for operating leases

$

3,435

 

 

$

2,830

 

Operating cash flows paid for interest portion of finance leases

 

18

 

 

 

17

 

Financing cash flows paid for principal portion of finance leases

 

71

 

 

 

158

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease liabilities:

 

 

 

 

 

Operating leases

$

3,497

 

 

$

796

 

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases are as follows:

 

September 30,

 

 

June 30,

 

(In thousands)

2025

 

 

2025

 

Operating leases:

 

 

 

 

 

Operating lease right-of-use assets

$

54,550

 

 

$

55,066

 

 

 

 

 

 

 

Current portion of operating lease liabilities

 

12,916

 

 

 

12,741

 

Operating lease liabilities, net of current portion

 

48,087

 

 

 

49,245

 

 

 

 

 

 

 

Total operating lease liabilities

$

61,003

 

 

$

61,986

 

 

 

 

 

 

 

Finance leases:

 

 

 

 

 

Property, technology, and equipment, net

$

1,135

 

 

$

1,212

 

 

 

 

 

 

 

Current portion of finance lease liabilities

 

272

 

 

 

282

 

Finance lease liabilities, net of current portion

 

909

 

 

 

969

 

 

 

 

 

 

 

Total finance lease liabilities

$

1,181

 

 

$

1,251

 

 

 

 

 

 

 

Weighted average remaining lease term:

 

 

 

 

 

Operating leases

5.9 years

 

 

6.1 years

 

Finance leases

4.5 years

 

 

4.6 years

 

 

 

 

 

 

 

Weighted average discount rate:

 

 

 

 

 

Operating leases

 

5.85

%

 

 

5.82

%

Finance leases

 

6.12

%

 

 

6.12

%

 

Maturities of Lease Liabilities

As of September 30, 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

 

2026 (Remaining)

$

12,096

 

 

$

260

 

2027

 

15,171

 

 

 

296

 

2028

 

10,794

 

 

 

282

 

2029

 

7,632

 

 

 

271

 

2030

 

6,765

 

 

 

184

 

Thereafter

 

20,854

 

 

 

55

 

 

 

 

 

 

 

Total lease payments

 

73,312

 

 

 

1,348

 

 

 

 

 

 

 

Less imputed interest

 

(12,309

)

 

 

(167

)

 

 

 

 

 

 

Total lease liabilities

$

61,003

 

 

$

1,181