Leases (Tables)

3 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Components of Lease Expense

The following table summarizes the components of lease expense:

	Three Months Ended
(in thousands)	September 30, 2022
Operating lease expense	$	1,808
Finance lease expense
Amortization of right-of-use assets		70
Interest on lease liabilities		9
Total finance lease expense		79
Variable lease expense		157
Short-term lease expense		35
Total lease expense	$	2,079

Schedule of Supplemental Balance Sheet Related to Leases

The following table summarizes supplemental balance sheet related to leases:

(in thousands)	September 30, 2022
Operating Leases
Operating lease right-of-use assets	$	35,509
Current portion of operating lease liabilities		5,197
Long-term operating lease liabilities		31,637
Total operating lease liabilities		36,834
Finance Leases
Finance lease right-of-use assets		689
Current portion of finance lease liabilities		263
Long-term finance lease liabilities		429
Total finance lease liabilities	$	692

Schedule of Weighted Average Remaining Lease Term and Discount Rate

The following table summarizes the weighted-average remaining lease term and discount rate:

Weighted-average remaining lease term (in years)
Operating leases	6.7
Finance leases	2.8
Weighted-average discount rate
Operating leases	5.0	%
Finance leases	5.0	%

Schedule of Future Minimum Lease Payments

The minimum annual payments under our lease agreements as of September 30, 2022 are as follows:

(in thousands)	Operating Leases			Finance Leases
Remaining fiscal 2023	$	4,795		$	219
2024		6,849			285
2025		6,529			157
2026		6,521			79
2027		6,195			-
2028 and thereafter		12,479			-
Total lease payments		43,368			740
Less imputed interest		(6,534	)		(48	)
Present value of lease liabilities		36,834			692
Current portion of lease liabilities		(5,197	)		(263	)
Total long term lease liabilities	$	31,637		$	429

* Table excludes obligations for leases with original terms of 12 months or less which have not been recognized as ROU assets or liabilities in our condensed consolidated balance sheets.