Commitments and Contingencies (Tables)

3 Months Ended

Sep. 30, 2020

Commitments and Contingencies

Schedule of future payments of operating lease liabilities

Future payments of operating lease liabilities at June 30, 2020 and September 30, 2020 are as follows (in thousands):

Year Ending June 30,
2021	$	11,628
2022		10,336
2022		9,121
2024		7,858
2025		6,750
Thereafter		57,190
Total commitments		102,883
Less – effect of discounting		(35,741)
	$	67,142

Year Ending September 30,
2021	$	12,427
2022		11,441
2022		9,980
2024		8,720
2025		7,639
Thereafter		69,600
Total commitments		119,807
Less – effect of discounting		(41,894)
	$	77,913

Schedule of operating lease activity

Operating lease activity during the periods was as follows (in thousands):

	Quarter Ended September 30,
	2019		2020
Expense:
Short-term lease expense	$	925	$	822
Fixed lease expense		3,223		3,524
Variable lease expense		263		391
Sublease income		(1,163)		(1,080)
	$	3,248	$	3,657
Cash paid and new or modified operating lease information:
Operating cash flows from operating leases	$	2,932	$	3,230
Net operating lease assets obtained in exchange for new or modified operating lease liabilities		1,381		10,826