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Leases
12 Months Ended
Jun. 30, 2025
Leases  
Leases

 

9.   Leases

 

In general, our leases include office buildings for various facilities worldwide which are all classified as operating leases. We also have financing leases related to some office equipment in the U.S.

 

The following presents components of lease expense and supplemental cash flow information:

          
   Years Ended June 30, 
   2025   2024 
Components of lease expense  (In thousands) 
Operating lease cost  $2,369   $2,465 
Financing lease cost   107    110 
Financing lease interest expense   25    39 
           
Supplemental cash flow information          
Cash paid for amounts included in the measurement of operating lease liabilities  $1,765   $1,772 
Cash paid for amounts included in the measurement of financing lease liabilities  $213   $222 
           
Right-of-use assets obtained in exchange for lease obligation  $1,027   $ 

 

As of June 30, 2025 and 2024, the weighted average discount rate for leases was 4.8% and 4.6%, respectively, and the weighted average remaining lease term for leases was 2.9 years and 3.4 years, respectively.

  

Maturities of lease liabilities as of June 30, 2025 were as follows:

          
Years ending June 30,  Operating   Financing 
   (In thousands) 
2026  $1,959   $117 
2027   1,906    22 
2028   1,968    20 
2029   1,741     
2030   976     
Thereafter   2,025     
Total remaining lease payments   10,575    159 
less: imputed interest   (1,310)   (19)
Lease liability  $9,265   $140 
Reported as:          
Current liabilities  $1,489   $105 
Non-current liabilities  $7,776   $35