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v3.22.2.2

Leases (Notes) | 12 Months Ended
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Jun. 30, 2022
Leases [Abstract] |
Leases | Leases Supplemental consolidated balance sheet information related to leases is as follows:
|  |  |  | As of June 30,
(In thousands) |  | Classification |  | 2022 |  | 2021
Operating lease assets |  | Right-of-use operating lease assets |  | $ | 27,957 |  |  | $ | 26,254 |
Finance lease assets |  | Property, plant and equipment, net |  | 574 |  |  | 739 |
Total lease assets |  |  |  | $ | 28,531 |  |  | $ | 26,993 |
Operating lease liabilities - current |  | Operating lease liabilities - current |  | 7,721 |  |  | 6,262 |
Finance lease liabilities - current |  | Other current liabilities |  | 193 |  |  | 192
Operating lease liabilities - noncurrent |  | Operating lease liabilities - noncurrent |  | 20,762 |  |  | 20,049 |
Finance lease liabilities -noncurrent |  | Other long-term liabilities |  | 409 |  |  | 563
Total lease liabilities |  |  |  | $ | 29,085 |  |  | $ | 27,066 |
The components of lease expense are as follows:
|  | For the Years Ended June 30,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Operating lease expense |  | $ | 7,526 |  |  | $ | 7,195 |  |  | $ | 5,354 |
Finance lease expense: |  |  |  |  |  |
Amortization of finance lease assets |  | 164 |  |  | 82 |  |  | 52 |
Interest on finance lease liabilities |  | 44 |  |  | 26 |  |  | 2 |
Total lease expense |  | $ | 7,734 |  |  | $ | 7,303 |  |  | $ | 5,408 |
The maturities of the lease liabilities are as follows:
|  | For the Years Ended June 30,
(In thousands) |  | Operating Leases |  | Finance Leases
2023 |  | $ | 7,721 |  |  | $ | 193 |
2024 |  | 7,444 |  |  | 193 |
2025 |  | 6,175 |  |  | 193 |
2026 |  | 4,957 |  |  | 96 |
2027 |  | 3,495 |  |  | — |
Thereafter |  | 2,999 |  |  | — |
Total lease payments |  | 32,791 |  |  | 675 |
Less: interest |  | (4,308) |  |  | (73) |
Total lease obligations |  | $ | 28,483 |  |  | $ | 602 |
Lease term and discount rate:
|  | For the Years Ended June 30,
|  | 2022 |  | 2021
Weighted-average remaining lease terms (in years): |  |  |  |
Operating lease |  | 6.3 |  | 7.3
Finance lease |  | 3.5 |  | 4.5
Weighted-average discount rate: |  |  |  |
Operating lease |  | 5.69 | % |  | 5.23 | %
Finance lease |  | 6.50 | % |  | 6.50 | %
Other Information:
|  | For the Years Ended June 30,
|  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 7,049 |  |  | $ | 7,529 |
Operating cash flows from finance leases |  | 44 |  |  | 70 |
Financing cash flows from finance leases |  | 193 |  |  | 26 |
Leases | Leases Supplemental consolidated balance sheet information related to leases is as follows:
|  |  |  | As of June 30,
(In thousands) |  | Classification |  | 2022 |  | 2021
Operating lease assets |  | Right-of-use operating lease assets |  | $ | 27,957 |  |  | $ | 26,254 |
Finance lease assets |  | Property, plant and equipment, net |  | 574 |  |  | 739 |
Total lease assets |  |  |  | $ | 28,531 |  |  | $ | 26,993 |
Operating lease liabilities - current |  | Operating lease liabilities - current |  | 7,721 |  |  | 6,262 |
Finance lease liabilities - current |  | Other current liabilities |  | 193 |  |  | 192
Operating lease liabilities - noncurrent |  | Operating lease liabilities - noncurrent |  | 20,762 |  |  | 20,049 |
Finance lease liabilities -noncurrent |  | Other long-term liabilities |  | 409 |  |  | 563
Total lease liabilities |  |  |  | $ | 29,085 |  |  | $ | 27,066 |
The components of lease expense are as follows:
|  | For the Years Ended June 30,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Operating lease expense |  | $ | 7,526 |  |  | $ | 7,195 |  |  | $ | 5,354 |
Finance lease expense: |  |  |  |  |  |
Amortization of finance lease assets |  | 164 |  |  | 82 |  |  | 52 |
Interest on finance lease liabilities |  | 44 |  |  | 26 |  |  | 2 |
Total lease expense |  | $ | 7,734 |  |  | $ | 7,303 |  |  | $ | 5,408 |
The maturities of the lease liabilities are as follows:
|  | For the Years Ended June 30,
(In thousands) |  | Operating Leases |  | Finance Leases
2023 |  | $ | 7,721 |  |  | $ | 193 |
2024 |  | 7,444 |  |  | 193 |
2025 |  | 6,175 |  |  | 193 |
2026 |  | 4,957 |  |  | 96 |
2027 |  | 3,495 |  |  | — |
Thereafter |  | 2,999 |  |  | — |
Total lease payments |  | 32,791 |  |  | 675 |
Less: interest |  | (4,308) |  |  | (73) |
Total lease obligations |  | $ | 28,483 |  |  | $ | 602 |
Lease term and discount rate:
|  | For the Years Ended June 30,
|  | 2022 |  | 2021
Weighted-average remaining lease terms (in years): |  |  |  |
Operating lease |  | 6.3 |  | 7.3
Finance lease |  | 3.5 |  | 4.5
Weighted-average discount rate: |  |  |  |
Operating lease |  | 5.69 | % |  | 5.23 | %
Finance lease |  | 6.50 | % |  | 6.50 | %
Other Information:
|  | For the Years Ended June 30,
|  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 7,049 |  |  | $ | 7,529 |
Operating cash flows from finance leases |  | 44 |  |  | 70 |
Financing cash flows from finance leases |  | 193 |  |  | 26 |

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