The Company has finance leases for equipment, and operating leases for office space, warehouse space, and other equipment with lease terms expiring at various dates through October 2034. During the year ended June 30, 2025, the Company recorded lease termination costs of $1,491 for exiting an existing warehouse facility prior to the conclusion of the lease term and relocating to a larger facility in British Columbia to expand its existing operations.

As of June 30, 2026, the Company has lease commitments that have been executed but not yet commenced with undiscounted future lease payments totaling $2,262 and are excluded from the tables below.

The components of lease expense, including the lease terminations costs, are as follows:


	Year Ended June 30,
(In thousands)	2026		2025
Operating lease cost	$	16,327	$	16,186

Finance leases:
Amortization of leased assets		299		605
Interest on lease liabilities		67		86

Total finance lease cost	$	366	$	691

Supplemental cash flow information related to leases are as follows:


	Year Ended June 30,
(In thousands)	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases	$	13,523	$	12,333
Operating cash flows paid for interest portion of finance leases		67		86
Financing cash flows paid for principal portion of finance leases		282		917

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	7,521	$	17,290
Finance leases		—		848

Supplemental balance sheet information related to leases are as follows:


	June 30,			June 30,
(In thousands)	2026			2025
Operating leases:
Operating lease right-of-use assets	$	48,327		$	55,066

Current portion of operating lease liabilities		13,199			12,741
Operating lease liabilities, net of current portion		41,115			49,245

Total operating lease liabilities	$	54,314		$	61,986

Finance leases:
Property, technology, and equipment, net	$	913		$	1,212

Current portion of finance lease liabilities		245			282
Finance lease liabilities, net of current portion		724			969

Total finance lease liabilities	$	969		$	1,251

Weighted average remaining lease term:
Operating leases	5.6 years			6.1 years
Finance leases	3.9 years			4.6 years

Weighted average discount rate:
Operating leases		5.93	%		5.82	%
Finance leases		6.12	%		6.12	%

As of June 30, 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
2027	$	15,995		$	296
2028		11,531			282
2029		8,383			271
2030		7,524			184
2031		6,619			35
Thereafter		14,465			20

Total lease payments		64,517			1,088

Less imputed interest		(10,203	)		(119	)

Total lease liabilities	$	54,314		$	969