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Leases
 6 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Leases
The Company rents office space and equipment under non-cancelable operating leases with various expiration dates through fiscal year 2034. Certain lease agreements include varying terms, escalation clauses and renewal rights. The Company does not assume renewals in its determination of the lease term unless the renewals are deemed to be reasonably certain at lease commencement. The Company’s lease agreements generally do not contain any material residual value guarantees or material restrictive covenants.
The components of lease costs and other information related to leases were as follows (in thousands):
 Three Months Ended December 31,Six Months Ended December 31,
2022202120222021
Operating lease costs$13,143 $12,824 $26,337 $24,415 
Short-term lease costs71 110 98 268 
Total lease costs$13,214 $12,934 $26,435 $24,683 
 December 31, 2022June 30, 2022
Weighted average remaining lease term (in years)88
Weighted average discount rate2.4 %2.4 %
Supplemental cash flow information related to operating leases were as follows (in thousands):
 Three Months Ended December 31,Six Months Ended December 31,
2022202120222021
Cash paid for amounts included in the measurement of operating lease liabilities$12,480 $11,626 $25,662 $23,812 
Lease liabilities arising from obtaining right-of-use assets and receipt of lease incentive$— $994 $11,905 $92,743 
Future lease payments under non-cancelable operating leases with initial lease terms in excess of one year included in the Company’s lease liabilities as of December 31, 2022 were as follows (in thousands):
Fiscal years:Operating Lease Payments
Remainder of 2023$27,892 
202451,351 
202548,701 
202641,710 
202736,755 
Thereafter127,981 
Total future operating lease payments334,390 
Less: imputed interest(30,078)
Total lease liability balance$304,312 
The Company entered into an Agreement for Lease (the “AFL”) for its new global headquarters in Sydney, Australia (the “Australian HQ Property”) in March 2022. Following completion of the development of the Australian HQ Property, the AFL requires the Company to enter into a lease agreement for the planned headquarters office space. The lease is expected to commence in fiscal year 2027 and will continue for 15 years, with the Company’s option to extend the term for up to two additional ten-year periods. Future lease payments are approximately $944.6 million as of December 31, 2022, for the initial term of 15 years. Please refer to Note 5, “Investments,” and Note 10, “Assets held for sale,” for details of the transaction.