XML 81 R51.htm IDEA: XBRL DOCUMENT v3.24.2.u1
LEASES (Tables)
12 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of lease cost
The following table provides additional information about the Company’s operating leases for the fiscal years ended June 30, 2024, 2023 and 2022.
Lease Cost:Year Ended
June 30, 2024
Year Ended
June 30, 2023
Year Ended
June 30, 2022
Operating lease cost$74.5 $76.2 $90.4 
Short-term lease cost3.4 0.9 1.2 
Variable lease cost41.7 40.3 39.3 
Sublease income(16.7)(15.8)(20.0)
Net lease cost$102.9 $101.6 $110.9 
Other information:
Operating cash outflows from operating leases(72.0)(73.8)$(83.8)
Right-of-use assets obtained in exchange for lease obligations32.6 25.7 $104.9 
Weighted-average remaining lease term - real estate6.8 years7.2 years7.6 years
Weighted-average discount rate - real estate leases4.52 %4.13 %3.85 %
Schedule of future minimum lease payments for operating leases
Future minimum lease payments for the Company’s operating leases as of June 30, 2024 are as follows:
Fiscal Year Ending June 30,
2025$68.1 
202656.0 
202749.2 
202837.2 
202933.2 
Thereafter81.3 
Total future lease payments325.0 
Less: imputed interest(48.5)
Total present value of lease liabilities$276.5 
Current operating lease liabilities57.8 
Long-term operating lease liabilities218.7 
Total operating lease liabilities$276.5 
Table excludes obligations for leases with original terms of twelve months or less which have not been recognized as ROU assets or liabilities in the Consolidated Balance Sheets.