Leases - (Tables)

3 Months Ended

Sep. 30, 2020

Components of Operating and Finance Lease Costs

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



	Three Months Ended September 30,
	2020		2019
Cash paid from amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,642	$	1,160
Operating cash flows from finance lease	$	615	$	740
Financing cash flows from finance lease	$	3,989	$	1,691

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



	Three Months Ended September 30,
	2020		2019
Operating Leases:
Fixed rent expense	$	1,688	$	1,281
Variable rent expense	203		207
Finance Lease:
Amortization of equipment	559		1,093
Interest	615		740
Short-term leases
Short-term lease expenses	58		75
Total lease expenses	$	3,123	$	3,396

Schedule of Lease Assets and Liabilities

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



	September 30, 2020			June 30, 2020
Operating Leases:
ROU assets associated with operating leases	$	32,407		$	32,948
Finance Lease:
Property, plant and equipment, gross	$	108,387		$	104,374
Accumulated depreciation	(90,251		)	(86,540		)
Property, plant and equipment, net	$	18,136		$	17,834

Weighted average remaining lease term (in years)
Operating leases	9.46			9.57
Finance lease	2.47			2.72

Weighted average discount rate
Operating leases	4.83		%	4.45		%
Finance lease	5.46		%	5.46		%

Schedule of Operating Lease Future Minimum Lease Payments (Topic 842)

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



	Operating Leases			Finance Leases
The remainder of 2021	$	4,216		$	13,366
2022	5,401			17,059
2023	4,481			12,365
2024	4,001			—
2025	3,563			—
Thereafter	21,041			—
Total minimum lease payments	42,703			42,790
Less amount representing interest	(8,795		)	(3,033		)
Total lease liabilities	$	33,908		$	39,757

Schedule of Finance Lease Future Minimum Lease Payments (Topic 842)

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



	Operating Leases			Finance Leases
The remainder of 2021	$	4,216		$	13,366
2022	5,401			17,059
2023	4,481			12,365
2024	4,001			—
2025	3,563			—
Thereafter	21,041			—
Total minimum lease payments	42,703			42,790
Less amount representing interest	(8,795		)	(3,033		)
Total lease liabilities	$	33,908		$	39,757