Leases (Tables)

9 Months Ended

Mar. 31, 2021

Summary of Future Minimum Lease Payments

Future minimum lease payments as of March 31, 2021 are as follows (in thousands):

Fiscal years ending June 30:	Amount
Remainder of 2021	$	502
2022		8,139
2023		8,298
2024		7,936
2025		7,705
2026		7,416
Thereafter		40,525
Gross lease payments		80,521
Less - present value adjustments		(18,901	)
Less - tenant improvement allowance receivable		(1,588	)
Total operating lease liabilities, net	$	60,032

Components Of Lease Expense

The components of lease expense during the three and nine months ended March 31, 2021 is shown in the table below (in thousands), while the lease expense during the three and nine months ended March 31, 2020 was $1.7 million and $3.3 million, respectively.

	Three months ended March 31,		Nine months ended March 31,
	2021		2021
Operating lease expense	$	1,767	$	5,016
Short-term lease expense		52		381
Variable lease expense		598		1,917
Total	$	2,417	$	7,314