Leases (Tables)

12 Months Ended

Jun. 30, 2020

Leases [Abstract]

Schedule of Operating and Finance Lease Expense

The components of the Company’s operating and finance lease expenses are as follows for the period presented (in thousands):

	Fiscal Year Ended June 30, 2020
Operating leases:
Fixed rent expense	$	6,077
Variable rent expense	797
Finance lease:
Amortization of equipment	2,839
Interest	2,783
Short-term leases:
Short-term lease expenses	306
Total lease expenses	$	12,802

Supplemental balance sheet information related to the Company’s operating and finance leases is as follows (in thousands, except lease term and discount rate):

	June 30, 2020
Operating Leases:
ROU assets associated with operating leases	$	32,948
Finance Lease:
Property, plant and equipment, gross	$	104,374
Accumulated depreciation	86,540
Property, plant and equipment, net	$	17,834
Weighted average remaining lease term (in years)
Operating leases	9.57
Finance lease	2.72
Weighted average discount rate
Operating leases	4.45		%
Finance lease	5.46		%

Supplemental cash flow information related to the Company’s operating and finance lease is as follows (in thousands):

	Fiscal Year Ended June 30, 2020
Cash paid from amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	5,241
Operating cash flows from finance lease	$	2,783
Financing cash flows from finance lease	$	11,028

Schedule of Operating Lease Liability Maturities

Future minimum lease payments are as follows as of June 30, 2020 (in thousands):

	Operating Leases			Finance Leases
2021	$	5,695		$	17,273
2022	5,223			16,428
2023	4,385			11,907
2024	3,938			—
2025	3,517			—
Thereafter	20,687			—
Total minimum lease payments	43,445			45,608
Less amount representing interest	(9,032		)	(3,508		)
Total lease liabilities	$	34,413		$	42,100

Schedule of Finance Lease Liability Maturities

Future minimum lease payments are as follows as of June 30, 2020 (in thousands):

	Operating Leases			Finance Leases
2021	$	5,695		$	17,273
2022	5,223			16,428
2023	4,385			11,907
2024	3,938			—
2025	3,517			—
Thereafter	20,687			—
Total minimum lease payments	43,445			45,608
Less amount representing interest	(9,032		)	(3,508		)
Total lease liabilities	$	34,413		$	42,100

Schedule of Future Minimum Rental Payments for Operating Leases

Prior to the adoption of the new lease standard, future minimum lease payments as of June 30, 2019 were as follows (in thousands):

Year ending June 30,	Operating Leases		Finance Leases
2020	$	4,357	$	14,219
2021	1,741		17,799
2022	1,164		16,928
2023	894		12,269
2024	1,002		—
Thereafter	149		—
Total minimum lease payments	9,307		61,215
Less amount representing interest	—		(6,479		)
Total lease liabilities	$	9,307	$	54,736

Schedule of Future Minimum Lease Payments for Capital Leases

Prior to the adoption of the new lease standard, future minimum lease payments as of June 30, 2019 were as follows (in thousands):

Year ending June 30,	Operating Leases		Finance Leases
2020	$	4,357	$	14,219
2021	1,741		17,799
2022	1,164		16,928
2023	894		12,269
2024	1,002		—
Thereafter	149		—
Total minimum lease payments	9,307		61,215
Less amount representing interest	—		(6,479		)
Total lease liabilities	$	9,307	$	54,736