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Leases
 12 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases Leases
All of the Company’s leases are operating leases. The current portion of operating lease liabilities is included in other accrued expenses and current liabilities on the consolidated balance sheets. Lease balances on the consolidated balance sheets are as follows (dollars in thousands):
June 30,
20252024
Operating lease right-of-use assets$343,944 $305,637 
Operating lease liabilities, current$40,009 $51,223 
Operating lease liabilities, noncurrent377,080 325,046 
$417,089 $376,269 
The Company’s total lease cost is recorded primarily within indirect costs and selling expenses and had the following impact on the consolidated statements of operations (dollars in thousands):
Year Ended June 30,
202520242023
Operating lease cost$82,082 $82,441 $80,057 
Short-term and variable lease cost17,831 17,390 16,287 
Sublease income(1,121)(366)(344)
Total lease cost$98,792 $99,465 $96,000 
The Company’s future minimum lease payments under non-cancelable operating leases as of June 30, 2025 are as follows (dollars in thousands):
Fiscal Year Ending June 30:
2026$57,726 
202787,201 
202872,260 
202962,575 
203053,322 
Thereafter166,400 
Total undiscounted lease payments499,484 
Less: imputed interest(82,395)
Total discounted lease liabilities$417,089 
Cash paid for operating leases was $87.5 million, $88.0 million, and $86.1 million in fiscal 2025, 2024, and 2023, respectively. ROU assets obtained in exchange for new operating lease obligations were $106.5 million, $61.3 million, and $64.5 million in fiscal 2025, 2024, and 2023, respectively, including all non-cash changes arising from new or remeasured operating lease arrangements.
The weighted average remaining lease terms as of June 30, 2025 and 2024 were 7.11 and 6.22 years, respectively, and the weighted average discount rates were 4.46% and 3.91%, respectively.
As of June 30, 2025, the Company had future lease payments of $25.3 million for facility leases that have not yet commenced. These leases have a weighted average remaining lease term of approximately 14.73 years.