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Leases (Tables)
6 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of Lease Balances Lease balances in our consolidated balance sheet are as follows (in thousands):

 

 

 

December 31, 2020

 

 

June 30, 2020

 

Operating lease right-of-use assets

 

$

374,310

 

 

$

330,767

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

 

60,175

 

 

 

67,549

 

Operating lease liabilities, noncurrent

 

 

376,039

 

 

 

309,680

 

 

 

$

436,214

 

 

$

377,229

 

Summary of Lease Costs

The Company’s total lease cost is recorded primarily within indirect costs and selling expenses and had the following impact on the consolidated statement of operations (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease cost

 

$

22,615

 

 

$

21,382

 

 

$

44,587

 

 

$

42,588

 

Short-term and variable lease cost

 

 

3,611

 

 

 

3,623

 

 

 

7,279

 

 

 

6,993

 

Sublease income

 

 

(86

)

 

 

(438

)

 

 

(212

)

 

 

(902

)

Total lease cost

 

$

26,140

 

 

$

24,567

 

 

$

51,654

 

 

$

48,679

 

 

 

Schedule of Future Minimum Operating Lease Payments

The Company’s future minimum lease payments under non-cancelable operating leases for the remainder of the fiscal year ending June 30, 2021, and for each of the fiscal years thereafter, are as follows (in thousands):  

 

Fiscal year ending June 30,

 

 

 

 

2021 (six months)

 

$

33,167

 

2022

 

 

77,286

 

2023

 

 

73,707

 

2024

 

 

66,459

 

2025

 

 

58,069

 

Thereafter

 

 

174,510

 

Total undiscounted lease payments

 

 

483,198

 

Less:  imputed interest

 

 

(46,984

)

Total discounted lease liabilities

 

$

436,214