Finance and Operating Leases (Tables)

6 Months Ended

Dec. 31, 2020

Finance and Operating Leases

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

	December 31, 2020		June 30, 2020
	(in thousands)
2021	$	12,069	$	13,587
2022		20,943		2,653
2023		20,330		2,040
2024		8,100		—
Total minimum payments		61,442		18,280
Less: imputed interest		(2,140)		(342)
Finance lease liability		59,302		17,938
Less: current portion of finance lease liability		(21,506)		(13,304)
Long-term finance lease liability	$	37,796	$	4,634

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

	December 31, 2020		June 30, 2020
	(in thousands)
2021	$	12,091	$	23,626
2022		22,880		22,326
2023		16,164		15,841
2024		14,890		14,769
2025		13,956		13,949
Thereafter		38,544		38,544
Total minimum payments		118,525		129,055
Less: imputed interest		(10,344)		(11,822)
Operating lease liability		108,181		117,233
Less: current portion of operating lease liability		(21,204)		(20,689)
Long-term operating lease liability	$	86,977	$	96,544

Schedule of expected sublease income

	December 31, 2020		June 30, 2020
	(in thousands)
2021	$	980	$	1,960
2022		1,496		1,496
2023		797		797
2024		66		66
Total sublease income	$	3,339	$	4,319

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

	Three Months Ended December 31,				Six Months Ended December 31,
	2020		2019		2020			2019
Lease cost
Finance lease cost:
Amortization of right-of-use assets	$	8,341	$	4,241	$	13,178		$	8,186
Interest on lease liabilities		155		178		273			381
Operating lease cost		5,579		1,728		11,112			3,335
Short-term lease cost		315		319		600			707
Sublease income		(447)		(128)		(927)			(315)
Total lease cost	$	13,943	$	6,338	$	24,236		$	12,294
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	(5,199)	$	(2,016)	$	(10,364)		$	(4,089)
Financing cash flows from finance leases		(5,786)		(7,499)		(11,455)			(14,959)
Right-of-use assets obtained in exchange for new finance lease liabilities		30,111		6,329		46,865			12,775
Right-of-use assets obtained in exchange for new operating lease liabilities		377		—		589			4,847
Weighted-average remaining lease term - finance leases						2.84	yrs.		1.07	yrs.
Weighted-average remaining lease term - operating leases						6.81	yrs.		2.99	yrs.
Weighted-average discount rate - finance leases						2.49	%		3.33	%
Weighted-average discount rate - operating leases						2.76	%		3.86	%