Leases (Tables)

9 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of Operating Leases

The following table provides information related to the Company’s operating leases (in thousands):

	Three Months Ended March 31,				Nine Months Ended March 31,
	2024		2023		2024		2023
Operating lease costs (1)	$	2,039	$	2,354	$	7,049	$	7,005
Short-term operating lease costs		98		67		231		298
Cash paid for amounts included in the measurement of lease liabilities		1,987		2,461		7,012		6,904

(1)Excludes expenses related to short-term lease operating costs.

Schedule of Operating Lease Right-of-use Assets and Operating Lease Liabilities

Operating lease right-of-use assets and operating lease liabilities consisted of the following (in thousands):

	March 31, 2024			June 30, 2023
Operating lease right-of-use assets
Balance at the beginning of period	$	25,853		$	16,798
Lease assets added		8,464			17,157
Amortization for the period		(5,190	)		(8,102	)
Balance at the end of period	$	29,127		$	25,853
Operating lease liabilities
Balance at the beginning of period	$	27,753		$	19,020
Lease liabilities added		10,617			16,834
Repayment and interest accretion		(4,874	)		(8,101	)
Balance at the end of period	$	33,496		$	27,753
Current portion of operating lease liabilities	$	5,279		$	4,151
Non-current portion of operating lease liabilities		28,217			23,602

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of March 31, 2024 are presented in the table below (dollars in thousands):

	Amount
2024 (remaining three months)	$	1,962
2025		4,987
2026		5,963
2027		5,917
2028		4,805
Thereafter		27,650
Total operating lease payments		51,284
Less: imputed interest		(17,788	)
Present value of operating lease liabilities	$	33,496
Weighted average remaining lease term (in years)		8.7
Weighted average discount rate		10.0	%