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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

%