v3.26.1
Leases (Tables)
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are as follows:

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

(In thousands)

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost

$

4,245

 

 

$

3,591

 

 

$

12,691

 

 

$

12,254

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance leases:

 

 

 

 

 

 

 

 

 

 

 

Amortization of leased assets

 

76

 

 

 

186

 

 

 

229

 

 

 

526

 

Interest on lease liabilities

 

16

 

 

 

24

 

 

 

52

 

 

 

67

 

 

 

 

 

 

 

 

 

 

 

 

 

Total finance lease cost

$

92

 

 

$

210

 

 

$

281

 

 

$

593

 

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows:

 

 

 

 

 

Nine Months Ended March 31,

 

(In thousands)

 

 

 

 

2026

 

 

2025

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows paid for operating leases

 

$

10,089

 

 

$

8,954

 

Operating cash flows paid for interest portion of finance leases

 

 

52

 

 

 

67

 

Financing cash flows paid for principal portion of finance leases

 

 

215

 

 

 

555

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease liabilities:

 

 

 

 

 

 

Operating leases

 

$

6,825

 

 

$

16,969

 

Finance leases

 

 

 

 

 

848

 

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases are as follows:

 

 

 

 

 

March 31,

 

 

June 30,

 

(In thousands)

 

 

 

 

2026

 

 

2025

 

Operating leases:

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

 

 

 

 

$

51,562

 

 

$

55,066

 

 

 

 

 

 

 

 

 

 

 

Current portion of operating lease liabilities

 

 

 

 

 

13,602

 

 

 

12,741

 

Operating lease liabilities, net of current portion

 

 

 

 

 

44,156

 

 

 

49,245

 

 

 

 

 

 

 

 

 

 

 

Total operating lease liabilities

 

 

 

 

$

57,758

 

 

$

61,986

 

 

 

 

 

 

 

 

 

 

 

Finance leases:

 

 

 

 

 

 

 

 

 

Property, technology, and equipment, net

 

 

 

 

$

982

 

 

$

1,212

 

 

 

 

 

 

 

 

 

 

 

Current portion of finance lease liabilities

 

 

 

 

 

252

 

 

 

282

 

Finance lease liabilities, net of current portion

 

 

 

 

 

783

 

 

 

969

 

 

 

 

 

 

 

 

 

 

 

Total finance lease liabilities

 

 

 

 

$

1,035

 

 

$

1,251

 

 

 

 

 

 

 

 

 

 

 

Weighted average remaining lease term:

 

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

5.7 years

 

 

6.1 years

 

Finance leases

 

 

 

 

4.1 years

 

 

4.6 years

 

 

 

 

 

 

 

 

 

 

 

Weighted average discount rate:

 

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

 

5.90

%

 

 

5.82

%

Finance leases

 

 

 

 

 

6.12

%

 

 

6.12

%

 

Maturities of Lease Liabilities

As of March 31, 2026, maturities of lease liabilities for each of the next five fiscal years ending June 30 and thereafter are as follows:

(In thousands)

Operating

 

 

Finance

 

2026 (Remaining)

$

4,211

 

 

$

82

 

2027

 

15,995

 

 

 

296

 

2028

 

11,497

 

 

 

282

 

2029

 

8,362

 

 

 

271

 

2030

 

7,514

 

 

 

184

 

Thereafter

 

21,260

 

 

 

54

 

 

 

 

 

 

 

Total lease payments

 

68,839

 

 

 

1,169

 

 

 

 

 

 

 

Less imputed interest

 

(11,081

)

 

 

(134

)

 

 

 

 

 

 

Total lease liabilities

$

57,758

 

 

$

1,035