Leases (Tables)
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12 Months Ended |
Jun. 30, 2025 |
Leases [Abstract] |
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Schedule of Lease Costs |
The following table presents lease costs, which include leases for arrangements with an initial term of more than 12 months, lease term, and discount rates ($000): | | | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2025 | | 2024 | | 2023 | Finance lease cost | | | | | | | Amortization of right-of-use assets | | $ | 1,528 | | $ | 1,667 | | $ | 1,667 | Interest on lease liabilities | | 947 | | 1,040 | | 1,124 | Total finance lease cost | | 2,475 | | 2,707 | | 2,791 | Operating lease cost | | 59,213 | | 52,909 | | 53,127 | | | | | | | | Total lease cost | | $ | 61,688 | | $ | 55,616 | | $ | 55,918 | | | | | | | | Cash paid for amounts included in the measurement of lease liabilities | | | | | | | Operating cash flows from finance leases | | $ | 947 | | | $ | 1,040 | | | $ | 1,124 | | Operating cash flows from operating leases | | 58,117 | | | 50,672 | | | 50,503 | | Financing cash flows from finance leases | | 1,749 | | | 1,584 | | | 1,430 | | | | | | | | | Assets obtained in exchange for lease liabilities | | | | | | | Right-of-use assets obtained in acquisitions | | $ | — | | | $ | — | | | $ | 56,315 | | Right-of-use assets obtained in exchange for new operating lease liabilities | | 51,357 | | | 64,385 | | | 27,720 | | Total assets obtained in exchange for new operating lease liabilities | | $ | 51,357 | | | $ | 64,385 | | | $ | 84,035 | | | | | | | | | Weighted-average remaining lease term (in years) | | | | | | | Finance leases | | 6.5 | | 7.5 | | 8.5 | Operating leases | | 6.2 | | 6.6 | | 6.9 | | | | | | | | Weighted-average discount rate | | | | | | | Finance leases | | 5.6 | % | | 5.6 | % | | 5.6 | % | Operating leases | | 6.9 | % | | 6.8 | % | | 5.5 | % |
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Schedule of Future Minimum Operating Lease Payments |
The following table presents future minimum lease payments, which includes leases for arrangements with an initial term of more than 12 months ($000): | | | | | | | | | | | | | | | | | | Future Years | Operating Leases | | Finance Leases | | Total | Year 1 | $ | 57,830 | | | $ | 2,771 | | | $ | 60,601 | | Year 2 | 47,261 | | | 2,847 | | | 50,108 | | Year 3 | 34,712 | | | 2,925 | | | 37,637 | | Year 4 | 32,103 | | | 3,006 | | | 35,109 | | Year 5 | 21,712 | | | 3,088 | | | 24,800 | | Thereafter | 69,092 | | | 4,669 | | | 73,761 | | Total minimum lease payments | $ | 262,710 | | | $ | 19,306 | | | $ | 282,016 | | Less: amounts representing interest | 55,973 | | | 3,172 | | | 59,145 | | Present value of total lease liabilities | $ | 206,737 | | | $ | 16,134 | | | $ | 222,871 | |
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Schedule of Future Minimum Finance Lease Payments |
The following table presents future minimum lease payments, which includes leases for arrangements with an initial term of more than 12 months ($000): | | | | | | | | | | | | | | | | | | Future Years | Operating Leases | | Finance Leases | | Total | Year 1 | $ | 57,830 | | | $ | 2,771 | | | $ | 60,601 | | Year 2 | 47,261 | | | 2,847 | | | 50,108 | | Year 3 | 34,712 | | | 2,925 | | | 37,637 | | Year 4 | 32,103 | | | 3,006 | | | 35,109 | | Year 5 | 21,712 | | | 3,088 | | | 24,800 | | Thereafter | 69,092 | | | 4,669 | | | 73,761 | | Total minimum lease payments | $ | 262,710 | | | $ | 19,306 | | | $ | 282,016 | | Less: amounts representing interest | 55,973 | | | 3,172 | | | 59,145 | | Present value of total lease liabilities | $ | 206,737 | | | $ | 16,134 | | | $ | 222,871 | |
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