Finance and Operating Leases (Tables)

9 Months Ended

Mar. 31, 2020

Finance and Operating Leases

Schedule of present value of the minimum lease payments on finance leases

	March 31, 2020		June 30, 2019
	(in thousands)
2020	$	6,449	$	20,070
2021		13,316		4,819
2022		2,383		340
2023		1,532		—
Total minimum payments		23,680		25,229
Less: imputed interest		(427)		(581)
Finance lease liability		23,253		24,648
Less: current portion of finance lease liability		(17,988)		(19,588)
Long-term finance lease liability	$	5,265	$	5,060

Schedule of future minimum lease payments under non-cancelable operating leases

	March 31, 2020		June 30, 2019
	(in thousands)
2020	$	5,991	$	8,441
2021		23,337		8,229
2022		22,054		6,735
2023		15,567		550
2024		14,486		137
Thereafter		52,393		—
Total minimum payments		133,828	$	24,092
Less: imputed interest		(12,584)
Operating lease liability		121,244
Less: current portion of operating lease liability		(20,441)
Long-term operating lease liability	$	100,803

Schedule of subleasing

	March 31, 2020		June 30, 2019
	(in thousands)
2020	$	494	$	930
2021		1,976		961
2022		1,513		528
2023		813		—
2024		67		—
Total sublease income	$	4,863	$	2,419

Schedule of lease cost, weighted-average remaining lease term, weighted-average discount rate

	Three months ended		Nine months ended
	March 31, 2020		March 31, 2020
Lease cost
Finance lease cost:
Amortization of right-of-use assets	$	4,232	$	12,418
Interest on lease liabilities		276		657
Operating lease cost		4,035		7,370
Short-term lease cost		280		987
Sublease income		(215)		(531)
Total lease cost	$	8,608	$	20,901
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	(4,062)	$	(8,151)
Financing cash flows from finance leases		(6,644)		(21,603)
Right-of-use assets obtained in exchange for new finance lease liabilities		3,715		16,490
Right-of-use assets obtained in exchange for new operating lease liabilities		502		5,349
Weighted-average remaining lease term - finance leases				0.90	yrs.
Weighted-average remaining lease term - operating leases				7.32	yrs.
Weighted-average discount rate - finance leases				2.88	%
Weighted-average discount rate - operating leases				2.78	%