v3.26.1
Leases (Tables)
12 Months Ended
Jun. 30, 2026
Lessee Disclosure [Abstract]  
Summary of components of lease cost

The components of lease cost were as follows (in thousands):

Year Ended June 30,

2026

2025

2024

Operating lease cost

$

49,727

$

45,942

$

44,365

Sublease income

 

(2,002)

 

(5,315)

 

(9,107)

Total lease cost

$

47,725

$

40,627

$

35,258

Summary of maturities of lease liabilities

Maturities of lease liabilities as of June 30, 2026 were as follows (in thousands):

Operating

Fiscal Year

Leases

2027

$

50,440

2028

50,170

2029

43,683

2030

41,323

2031

35,628

Thereafter

189,388

Total lease payments

 

410,632

Less: lease incentives not yet received

(36,658)

Less: imputed interest

(131,329)

Present value of lease liabilities

$

242,645

Summary of lease term and discount rate

Lease term and discount rate were as follows:

June 30, 2026

Weighted-average remaining operating lease term (years)

8.9

Weighted-average operating lease discount rate

7.7%

Summary of supplemental disclosures of cash flow information related to leases

Supplemental disclosures of cash flow information related to leases were as follows (in thousands):

Year Ended June 30,

2026

2025

2024

Cash paid for amounts in the measurement of operating lease liabilities (net of sublease and lease incentive receipts)

$

37,433

$

35,975

$

41,063

Operating lease assets obtained in exchange for operating lease liabilities

$

41,116

$

46,982

$

34,719