v3.26.3
Leases (Tables)
12 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Components of Lease Expense, Including the Lease Terminations Costs

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

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

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

%

Maturities of Lease Liabilities

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