Leases (Tables)
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12 Months Ended |
Jun. 30, 2026 |
| Leases [Abstract] |
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| Schedule of Right-of-Use Asset and Lease Liability |
The right-of-use assets and lease liabilities were as follows as of June 30: | | | | | | | | | | | | | | | | | | | (in thousands) | Balance Sheet Classification | | 2026 | | 2025 | | Assets | | | | | | | Operating leases | Operating lease right-of-use assets | | $ | 20,511 | | | $ | 24,635 | | | Finance leases | Property and equipment–net | | 1,485 | | | 1,552 | | | Total lease right-of-use assets | | | $ | 21,996 | | | $ | 26,187 | | | | | | | | | Liabilities | | | | | | | Current | | | | | | | Operating leases | Operating lease liabilities–current | | $ | 4,448 | | | $ | 4,820 | | | Finance leases | Other current liabilities | | 615 | | | 400 | | | Non-current | | | | | | | Operating leases | Operating lease liabilities | | 21,753 | | | 25,982 | | | Finance leases | Other liabilities | | 1,032 | | | 1,200 | | | Total lease liabilities | | | $ | 27,848 | | | $ | 32,402 | |
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| Schedule of Lease Costs |
The components of lease costs were as follows for the periods presented: | | | | | | | | | | | | | Year Ended June 30, | | (in thousands) | 2026 | | 2025 | Finance lease costs(1) | $ | 874 | | | $ | 577 | | Operating lease costs(2) | 7,577 | | | 7,383 | | | Short-term lease costs | 266 | | | 251 | | Variable lease costs(3) | 768 | | | 609 | | | Sublease income | (2,038) | | | (2,225) | | | Total net lease costs | $ | 7,447 | | | $ | 6,595 | |
(1) Primarily consists of amortization of finance lease right-of-use assets and an immaterial amount of interest on finance lease liabilities recorded in selling, general, and administrative expense and interest expense, net in the consolidated statements of comprehensive income (loss). (2) Recorded in selling, general, and administrative expense in the consolidated statements of comprehensive income (loss). (3) Variable lease costs are not included in the measurement of the lease liability or right-of-use asset as they are not based on an index or rate and primarily represents common area maintenance charges and real estate taxes recorded in operating costs and expenses in the consolidated statements of comprehensive income (loss). Supplemental Information—Supplemental information related to leases was as follows as of and for the periods presented:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | (in thousands) | Operating leases | | Finance leases | | Total | | Operating leases | | Finance leases | | Total | | Cash paid for amounts included in measurement of liabilities: | | | | | | | | | | | | | Operating cash flows from leases | $ | 8,056 | | | $ | 251 | | | $ | 8,307 | | | $ | 8,145 | | | $ | 176 | | | $ | 8,321 | | | Financing cash flows from leases | — | | 527 | | | 527 | | | — | | | 327 | | | 327 | | | Right-of-use assets obtained in exchange for new lease liabilities | $ | — | | | $ | 569 | | | $ | 569 | | | $ | 5,093 | | | $ | 1,731 | | | $ | 6,824 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | Operating leases | | Finance leases | | Operating leases | | Finance leases | | Weighted-average remaining lease term (in years) | 6.01 | | 2.61 | | 6.41 | | 3.65 | | Weighted-average discount rate | 12.85 | % | | 12.73 | % | | 12.61 | % | | 14.22 | % |
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| Schedule of Maturity of Operating Lease Liabilities |
As of June 30, 2026, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Operating leases | | Finance leases | | Total | | 2027 | | $ | 7,268 | | | $ | 785 | | | $ | 8,053 | | | 2028 | | 6,906 | | | 709 | | | 7,615 | | | 2029 | | 7,006 | | | 417 | | | 7,423 | | | 2030 | | 4,615 | | | 30 | | | 4,645 | | | 2031 | | 4,259 | | | — | | | 4,259 | | | Thereafter | | 8,726 | | | — | | | 8,726 | | | Total undiscounted lease payments | | 38,780 | | | 1,941 | | | 40,721 | | | Less: interest | | 12,579 | | | 294 | | | 12,873 | | | Present value of lease liabilities | | $ | 26,201 | | | $ | 1,647 | | | $ | 27,848 | |
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| Schedule of Maturity of Finance Lease Liabilities |
As of June 30, 2026, remaining maturities of lease liabilities for each of the next five fiscal years and thereafter are as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Operating leases | | Finance leases | | Total | | 2027 | | $ | 7,268 | | | $ | 785 | | | $ | 8,053 | | | 2028 | | 6,906 | | | 709 | | | 7,615 | | | 2029 | | 7,006 | | | 417 | | | 7,423 | | | 2030 | | 4,615 | | | 30 | | | 4,645 | | | 2031 | | 4,259 | | | — | | | 4,259 | | | Thereafter | | 8,726 | | | — | | | 8,726 | | | Total undiscounted lease payments | | 38,780 | | | 1,941 | | | 40,721 | | | Less: interest | | 12,579 | | | 294 | | | 12,873 | | | Present value of lease liabilities | | $ | 26,201 | | | $ | 1,647 | | | $ | 27,848 | |
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| Schedule of Sublease, Future Minimum Receipts, Fiscal Year Maturity |
As of June 30, 2026, the future minimum fixed sublease receipts under non-cancelable operating lease agreements are as follows: | | | | | | | | | | (in thousands) | | Total | | 2027 | | $ | 2,102 | | | 2028 | | 1,931 | | | 2029 | | 1,931 | | | 2030 | | 161 | | | | | | | | | Total sublease income | | $ | 6,125 | |
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