Leases

3 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

LEASES

The Company has non-cancelable operating leases for office and other facilities in various locations, and certain equipment, which expire through 2031. Also, the Company subleases part of its office facility in Draper, Utah under a non-cancellable operating lease that expires in December 2025. The Company's leases do not contain any material residual value guarantees.

As of September 30, 2022, the weighted-average remaining term of these operating leases is 7.9 years and the weighted-average discount rate used to estimate the net present value of the operating lease liabilities was 5.10%.

The total amount paid for amounts included in the measurement of operating lease liabilities was $3.6 million and $3.1 million during the three months ended September 30, 2022 and 2021, respectively.

The total amount of right-of-use assets obtained in exchange for new operating lease liabilities was $1.5 million and $1.2 million during the three months ended September 30, 2022 and 2021, respectively.

The components of lease expense during the three months ended September 30, 2022 and 2021 is shown on the table below (in thousands).

	Three Months Ended September 30,
	2022		2021
Operating lease expense	$	3,118	$	3,180
Short-term lease expense	204		82
Variable lease expense, net of credit	513		598
Sublease income	(144)		(182)
Total	$	3,691	$	3,678