Property and Equipment (Tables)

6 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method to allocate the cost over the estimated useful lives. The estimated useful lives for each asset class are as follows:

Equipment	3 years
Computer hardware and computer-related software	3 years
Furniture and fittings	5 years
Leasehold improvements	Shorter of the remaining lease term or 7 years

Property and equipment, net consisted of the following (in thousands):

	December 31, 2022		June 30, 2022
Equipment	$	9,660	$	9,140
Computer Hardware and Software	27,804		18,324
Furniture and Fittings	24,723		25,157
Leasehold Improvements and Other	128,443		124,758
Property and equipment, gross	190,630		177,379
Less: accumulated depreciation	(90,296)		(76,717)
Property and equipment, net	$	100,334	$	100,662