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Leases (Tables)
6 Months Ended
Dec. 31, 2020
Lessee Disclosure [Abstract]  
Summary of components of lease cost

The components of lease cost were as follows (in thousands):

Three Months Ended

Six Months Ended

December 31, 

 

December 31, 

2020

2019

2020

2019

Operating lease cost

$

13,964

$

15,305

$

26,744

$

29,008

Sublease income

 

(4,035)

 

(5,060)

 

(8,376)

 

(10,186)

Total lease cost

$

9,929

$

10,245

$

18,368

$

18,822

Summary of maturities of lease liabilities

Maturities of lease liabilities by fiscal year as of December 31, 2020 were as follows (in thousands):

Operating

Fiscal Year

Leases

2021 (remaining)

$

32,576

2022

64,076

2023

54,260

2024

40,604

2025

30,818

Thereafter

70,929

Total lease payments

 

293,263

Less: imputed interest

(45,473)

Present value of lease liabilities

$

247,790

Summary of lease term and discount rate

December 31, 

2020

Weighted-average remaining operating lease term (years)

5.8

Weighted-average operating lease discount rate

5.6%

Summary of supplemental disclosures of cash flow information related to leases

Supplemental disclosures of cash flow information related to leases were as follows (in thousands):

Three Months Ended

Six Months Ended

December 31, 

December 31, 

2020

2019

2020

2019

Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts)

$

11,472

$

12,055

$

22,899

$

24,017

Operating lease assets obtained in exchange for operating lease liabilities

$

18,548

$

787

$

45,076

$

5,655

Schedule of Future minimum lease and sublease rental income Future minimum lease and sublease rental income under these agreements as of December 31, 2020, were as follows (in thousands):

Fiscal Year

Amount

2021 (remaining)

$

9,344

2022

17,311

2023

 

16,078

2024

 

10,261

2025

 

5,121

Thereafter

2,038

Total lease and sublease rental income

$

60,153