XML 22 R12.htm IDEA: XBRL DOCUMENT

Leases

9 Months Ended

Mar. 31, 2020

We have entered into various non-cancelable office space operating leases with original lease periods expiring between 2020 and 2024. These do not contain material variable rent payments, residual value guarantees, covenants or other restrictions.

Operating lease costs for the three and nine months ended March 31, 2020 were $833,000 and $2.4 million, respectively. The weighted-average remaining term of our operating leases was 3.1 years and the weighted-average discount rate used to measure the present value of the operating lease liabilities was 5.0% as of March 31, 2020.

Maturities of our operating lease liabilities, which do not include short-term leases, as of March 31, 2020 were as follows (in thousands):



Fiscal Year
2020	$	868
2021	3,119
2022	2,753
2023	2,310
2024	619
Total lease payments	9,669
Less: imputed interest	(723		)
Total operating lease liabilities	$	8,946

Cash payments included in the measurement of our operating lease liabilities were $1.0 million and $2.8 million for the three and nine months ended March 31, 2020, respectively.