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Leases (Tables) | 6 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Summary of Lease Expense and Other Information | The components of lease expense are as follows:
|  |  |  | Three Months Ended December 31, |  | Six Months Ended December 31, |  |  |
(In thousands) |  |  |  | 2024 |  | 2023 |  | 2024 |  | 2023 |  |  |
Operating lease expense |  |  |  | $ | 4,904 |  |  | $ | 3,445 |  |  | $ | 9,134 |  |  | $ | 6,322 |  |  |  |
Finance lease expense: |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of finance lease assets |  |  |  | 41 |  |  | 41 |  |  | 82 |  |  | 82 |  |  |  |
Interest on finance lease liabilities |  |  |  | 4 |  |  | 7 |  |  | 8 |  |  | 13 |  |  |  |
Total lease expense |  |  |  | $ | 4,949 |  |  | $ | 3,493 |  |  | $ | 9,224 |  |  | $ | 6,417 |  |  |  |
Other Information:
|  | Six Months Ended December 31,
(In thousands) |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 8,532 |  |  | $ | 6,319 |
Operating cash flows from finance leases |  | 8 |  |  | 13 |
Financing cash flows from finance leases |  | 96 |  |  | 96 |
Summary of Maturities of Lease Liabilities, Operating Leases | Maturities of lease liabilities are as follows:
|  | December 31, 2024
(In thousands) |  | Operating Leases |  | Finance Leases
2025 |  | $ | 8,742 |  |  | $ | 96 |
2026 |  | 13,910 |  |  | 96 |
2027 |  | 8,734 |  |  | — |
2028 |  | 6,632 |  |  | — |
2029 |  | 3,353 |  |  | — |
Thereafter |  | 346 |  |  | — |
Total lease payments |  | 41,717 |  |  | 192 |
Less: interest |  | (4,337) |  |  | (4) |
Total lease obligations |  | $ | 37,380 |  |  | $ | 188 |
Summary of Maturities of Lease Liabilities, Finance Leases | Maturities of lease liabilities are as follows:
|  | December 31, 2024
(In thousands) |  | Operating Leases |  | Finance Leases
2025 |  | $ | 8,742 |  |  | $ | 96 |
2026 |  | 13,910 |  |  | 96 |
2027 |  | 8,734 |  |  | — |
2028 |  | 6,632 |  |  | — |
2029 |  | 3,353 |  |  | — |
Thereafter |  | 346 |  |  | — |
Total lease payments |  | 41,717 |  |  | 192 |
Less: interest |  | (4,337) |  |  | (4) |
Total lease obligations |  | $ | 37,380 |  |  | $ | 188 |
Summary of Lease Term and Discount Rate | Lease term and discount rate:
|  | December 31, 2024 |  | June 30, 2024
Weighted-average remaining lease terms (in years): |  |  |  |
Operating lease |  | 4.0 |  | 5.2
Finance lease |  | 1.0 |  | 1.5
Weighted-average discount rate: |  |  |  |
Operating lease |  | 6.81 | % |  | 6.65 | %
Finance lease |  | 6.50 | % |  | 6.50 | %

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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