Leases (Tables)

3 Months Ended

Sep. 30, 2021

Leases [Abstract]

Summary of lease cost

The following table sets forth the components of the Company's lease cost for the three months ended September 30, 2021 and September 30, 2020:

	Three Months Ended September 30,
($ in millions)	2021		2020
Operating lease cost	$	2.5	$	3.6
Short-term lease cost	0.8		0.8
Variable lease cost	0.2		0.2
Sublease income	(0.2)		—
Total lease cost	$	3.3	$	4.6
Operating cash flow payments from operating leases	$	2.8	$	3.5
Non-cash ROU assets obtained in exchange for lease obligations	$	0.2	$	1.4

The following table sets forth the Company's weighted-average remaining lease term and weighted-average discount rate at September 30, 2021 and June 30, 2021:

	September 30, 2021		June 30, 2021
Weighted-average remaining lease term - operating leases	8.3 years		8.4 years
Weighted-average discount rate - operating leases	4.0	%	4.0	%

Summary of right-of-use assets and lease liabilities

The following table sets forth the Company's ROU assets and lease liabilities at September 30, 2021 and June 30, 2021:

($ in millions)	September 30, 2021		June 30, 2021
Operating lease assets:
Other assets	$	32.2	$	34.3
Operating lease liabilities:
Accrued liabilities	$	8.8	$	9.0
Other liabilities	33.4		35.5
Total operating lease liabilities	$	42.2	$	44.5

Schedule of minimum lease payments for operating leases expiring

Minimum lease payments for operating leases expiring subsequent to September 30, 2021 are as follows:

($ in millions)	September 30, 2021
2022 (remaining period of fiscal year)	$	7.8
2023	8.7
2024	6.4
2025	4.1
2026	3.4
Thereafter	20.4
Total future minimum lease payments	50.8
Less imputed interest	(8.6)
Total	$	42.2