| Schedule of consolidated financial statements in relation to operating leases |
The Condensed Consolidated Financial Statements include the following amounts related to operating leases where the Company is the lessee ($ in thousands): | | | | | | | | | | | | | | | | | Quarter Ended | Nine Months Ended | | | | March 31, | March 31, | | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | Condensed Consolidated Statements of Earnings | | | | | | | | | | | | | | | Fixed operating lease expense | | | $ | 4,826 | | $ | 4,307 | | $ | 13,636 | | $ | 13,030 | | Variable operating lease expense | | | | 1,154 | | | 1,413 | | | 3,651 | | | 3,994 | | Total operating lease expense | | | $ | 5,980 | | $ | 5,720 | | $ | 17,287 | | $ | 17,024 | | | | | | | | | | | | | | | | | Condensed Consolidated Statements of Cash Flows | | | | | | | | | | | | | | | Cash paid for amounts included in the measurement of operating lease liabilities | | | $ | 4,935 | | $ | 4,271 | | $ | 13,870 | | $ | 12,339 | | ROU assets obtained in exchange for operating lease obligations | | | | 2,627 | | | 1,166 | | | 3,275 | | | 2,487 | | | | | | | | | | | | | | | | | | | As of | | Condensed Consolidated Balance Sheets | | | March 31, | | June 30, | | Lease Assets and Liabilities | Balance Sheet Classification | | 2026 | | 2025 | | Operating lease ROU assets | Right-of-use assets | | $ | 68,316 | | $ | 73,399 | | | | | | | | | | | Operating lease liabilities - current | Operating lease liabilities - current | | $ | 14,181 | | $ | 14,098 | | Operating lease liabilities - long-term | Operating lease liabilities | | | 76,141 | | | 83,960 | | Total operating lease liabilities | | | $ | 90,322 | | $ | 98,058 | | | | | | | | | | | Weighted average remaining lease term: | | | | 7.0 years | | | 7.6 years | | Weighted average discount rate: | | | | 4.3 | % | | 4.3 | % |
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| Schedule of the fair value of the lease liability by payment date for the operating leases by fiscal year |
The following table summarizes payments by date for the Company’s operating leases, which is then reconciled to our total lease obligation (in thousands): | | | | | | | | | | March 31, | | | 2026 | Remaining 2026 | | $ | 4,108 | 2027 | | | 17,618 | 2028 | | | 17,093 | 2029 | | | 16,484 | 2030 | | | 13,377 | Thereafter | | | 36,432 | Total | | $ | 105,112 | Less: Amounts representing interest | | | 14,790 | Total lease obligations | | $ | 90,322 |
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