v3.25.1
LEASES (Tables)
9 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Costs
The following table summarizes our lease costs for the three and nine months ended March 31, 2025 and 2024 (in thousands):
Financial Statement ClassificationThree Months Ended March 31,Nine Months Ended March 31,
2025202420252024
Operating lease costs:
Fixed lease costsOperating expenses$2,925 $2,892 $8,770 $8,684 
Fixed lease costsCost of revenues1,161 1,126 3,478 2,951 
Variable lease costsOperating expenses111 229 363 555 
Variable lease costsCost of revenues192 44 579 511 
Total lease costs$4,389 $4,291 $13,190 $12,701 
Schedule of Undiscounted Future Fixed Payment Obligations Under Recognized Operating Leases and Reconciliation of Operating Lease Liabilities
The following table shows the Company’s undiscounted future fixed payment obligations under the Company’s recognized operating leases and a reconciliation to the operating lease liabilities as of March 31, 2025:
Remainder of Fiscal 2025
$3,780 
Fiscal 2026
12,382 
Fiscal 2027
7,973 
Fiscal 2028
6,191 
Fiscal 2029
4,034 
Thereafter14,043 
Total future fixed operating lease payments$48,403 
Less: Imputed interest$4,104 
Total operating lease liabilities$44,299 
Weighted-average remaining lease term - operating leases6 years
Weighted-average discount rate - operating leases3.8 %