| Operating Leases |
Operating Leases The following table summarizes the right of use assets and lease liabilities (in thousands): | | | | | | | | | | | | | December 31,
2025 | | June 30,
2025 | | Operating right of use assets | $ | 113,450 | | | $ | 117,769 | | | Operating lease liabilities, current portion | $ | 7,787 | | | $ | 6,879 | | | Operating lease liabilities, net of current portion | 117,519 | | | 121,491 | | | Operating lease liabilities | $ | 125,306 | | | $ | 128,370 | |
The details of the Company’s lease expense were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
December 31, | | Six Months Ended
December 31, | | 2025 | | 2024 | | 2025 | | 2024 | | Operating lease expense | $ | 5,146 | | | $ | 4,069 | | | $ | 10,307 | | | $ | 7,134 | | | Variable lease expense | 915 | | | 319 | | | 1,409 | | | 779 | | | Short-term lease expense | 641 | | | 416 | | | 1,018 | | | 779 | | | Operating lease expense | $ | 6,702 | | | $ | 4,804 | | | $ | 12,734 | | | $ | 8,692 | |
Supplemental cash flow and other information related to operating leases were as follows (in thousands): | | | | | | | | | | | | | Six Months Ended
December 31, | | 2025 | | 2024 | | Operating cash flows from operating leases | $ | 11,261 | | | $ | 5,761 | | | Non-cash activities: | | | | | Operating lease liabilities from obtaining right of use assets | $ | — | | | $ | 72,420 | |
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