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Leases
3 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases
Note 3. Leases
The Company has entered into leases for building facilities, vehicles and other equipment. The Company’s leases have remaining contractual terms through March 31, 2032, some of which have options to extend the lease for up to 10 years. For purposes of calculating operating lease liabilities, lease terms are deemed not to include options to extend the lease renewal until it is reasonably certain that the Company will exercise that option. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants.
The components of lease expense are as follows:
Three Months Ended September 30,
(In thousands)20252024
Operating lease expense$4,695 $4,230 
Finance lease expense:
Amortization of finance lease assets41 41 
Interest on finance lease liabilities
Total lease expense$4,737 $4,275 
Maturities of lease liabilities are as follows:
September 30, 2025
(In thousands)Operating LeasesFinance Leases
2026$12,603 $48 
202711,657 — 
20288,428 — 
20295,060 — 
20301,818 — 
Thereafter1,204 — 
Total lease payments40,770 48 
Less: interest (4,218)— 
Total lease obligations$36,552 $48 
Lease term and discount rate:
September 30, 2025June 30, 2025
Weighted-average remaining lease terms (in years):
Operating lease3.94.0
Finance lease0.30.5
Weighted-average discount rate:
Operating lease6.55 %6.56 %
Finance lease6.50 %6.50 %
Other Information:
Three Months Ended September 30,
(In thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$4,626 $3,913 
Operating cash flows from finance leases
Financing cash flows from finance leases48 48 
Leases
Note 3. Leases
The Company has entered into leases for building facilities, vehicles and other equipment. The Company’s leases have remaining contractual terms through March 31, 2032, some of which have options to extend the lease for up to 10 years. For purposes of calculating operating lease liabilities, lease terms are deemed not to include options to extend the lease renewal until it is reasonably certain that the Company will exercise that option. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants.
The components of lease expense are as follows:
Three Months Ended September 30,
(In thousands)20252024
Operating lease expense$4,695 $4,230 
Finance lease expense:
Amortization of finance lease assets41 41 
Interest on finance lease liabilities
Total lease expense$4,737 $4,275 
Maturities of lease liabilities are as follows:
September 30, 2025
(In thousands)Operating LeasesFinance Leases
2026$12,603 $48 
202711,657 — 
20288,428 — 
20295,060 — 
20301,818 — 
Thereafter1,204 — 
Total lease payments40,770 48 
Less: interest (4,218)— 
Total lease obligations$36,552 $48 
Lease term and discount rate:
September 30, 2025June 30, 2025
Weighted-average remaining lease terms (in years):
Operating lease3.94.0
Finance lease0.30.5
Weighted-average discount rate:
Operating lease6.55 %6.56 %
Finance lease6.50 %6.50 %
Other Information:
Three Months Ended September 30,
(In thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$4,626 $3,913 
Operating cash flows from finance leases
Financing cash flows from finance leases48 48