LEASES (Tables)
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6 Months Ended |
Dec. 31, 2022 |
| Leases [Abstract] |
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| Lease Expenses and Other Information |
The components of lease expenses for the three and six months ended December 31, 2022 were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | December 31, 2022 | | December 31, 2021 | | December 31, 2022 | | December 31, 2021 | | Operating lease expenses | $ | 2,238 | | | $ | 3,665 | | | $ | 7,213 | | | $ | 7,417 | | | | | | | | | | | | | | | | | | | | | | | | | | | Finance lease expenses | 71 | | | 67 | | | 140 | | | 137 | | | Variable lease expenses | 169 | | | 306 | | | 349 | | | 709 | | | Short-term lease expenses | 390 | | | 677 | | | 886 | | | 2,042 | | | Total lease expenses | $ | 2,868 | | | $ | 4,715 | | | $ | 8,588 | | | $ | 10,305 | |
Additional information related to leases is as follows: | | | | | | | | | | | | | Six Months Ended | | December 31, 2022 | | December 31, 2021 | | Supplemental cash flow information | | | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | Operating cash flows from operating leases | $ | 8,173 | | | $ | 7,560 | | | Operating cash flows from finance leases | $ | 9 | | | $ | 10 | | | Financing cash flows from finance leases | $ | 106 | | | $ | 123 | | | ROU assets obtained in exchange for lease obligations: | | | | Operating leases(1) | $ | (4,764) | | | $ | 3,182 | | | Finance leases | $ | 60 | | | $ | 116 | | | ROU assets obtained in connection with an acquisition: | | | | | Operating leases | $ | — | | | $ | 4,098 | | | Weighted average remaining lease term: | | | | | Operating leases | 10.7 years | | 9.5 years | | Finance leases | 4.1 years | | 4.2 years | | Weighted average discount rate: | | | | | Operating leases | 4.7 | % | | 3.2 | % | | Finance leases | 4.6 | % | | 3.9 | % | (1) Includes adjustment for modification of an operating lease during the three months ended December 31, 2022 which resulted in a reduction of ROU assets and lease liabilities of $13,876 and $17,244 respectively, and recognition of a gain of $3,368 related to the modification.
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| Supplemental Balance Sheet Information |
Supplemental balance sheet information related to leases was as follows: | | | | | | | | | | | | | | | | | | | | | | Leases | | Classification | | December 31, 2022 | | June 30, 2022 | | Assets | | | | | | | | Operating lease ROU assets, net | | Operating lease right-of-use assets, net | | $ | 101,374 | | | $ | 114,691 | | | | | | | | | | Finance lease ROU assets, net | | Property, plant and equipment, net | | 366 | | 413 | | | | | | | | | | Total leased assets | | | | $ | 101,740 | | | $ | 115,104 | | | | | | | | | | Liabilities | | | | | | | | Current | | | | | | | | Operating | | Accrued expenses and other current liabilities | | $ | 13,448 | | | $ | 13,154 | | | | | | | | | | Finance | | Current portion of long-term debt | | 100 | | | 149 | | | | | | | | | | Non-current | | | | | | | | Operating | | Operating lease liabilities, noncurrent portion | | 92,587 | | | 107,481 | | | Finance | | Long-term debt, less current portion | | 279 | | | 278 | | | Total lease liabilities | | | | $ | 106,414 | | | $ | 121,062 | |
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| Maturities of Lease Liabilities |
Maturities of lease liabilities as of December 31, 2022 were as follows: | | | | | | | | | | | | | | | | | | | Fiscal Year | Operating leases | | Finance leases | | Total | | 2023 (remainder of year) | $ | 9,544 | | | $ | 64 | | | $ | 9,608 | | | 2024 | 14,842 | | | 101 | | | 14,943 | | | 2025 | 12,564 | | | 99 | | | 12,663 | | | 2026 | 11,919 | | | 74 | | | 11,993 | | | 2027 | 11,638 | | | 54 | | | 11,692 | | | Thereafter | 77,290 | | | 25 | | | 77,315 | | | Total lease payments | 137,797 | | | 417 | | | 138,214 | | | Less: Imputed interest | 31,762 | | | 38 | | | 31,800 | | | Total lease liabilities | $ | 106,035 | | | $ | 379 | | | $ | 106,414 | |
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| Maturities of Lease Liabilities |
Maturities of lease liabilities as of December 31, 2022 were as follows: | | | | | | | | | | | | | | | | | | | Fiscal Year | Operating leases | | Finance leases | | Total | | 2023 (remainder of year) | $ | 9,544 | | | $ | 64 | | | $ | 9,608 | | | 2024 | 14,842 | | | 101 | | | 14,943 | | | 2025 | 12,564 | | | 99 | | | 12,663 | | | 2026 | 11,919 | | | 74 | | | 11,993 | | | 2027 | 11,638 | | | 54 | | | 11,692 | | | Thereafter | 77,290 | | | 25 | | | 77,315 | | | Total lease payments | 137,797 | | | 417 | | | 138,214 | | | Less: Imputed interest | 31,762 | | | 38 | | | 31,800 | | | Total lease liabilities | $ | 106,035 | | | $ | 379 | | | $ | 106,414 | |
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