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Leases (Tables)
9 Months Ended
Mar. 31, 2025
Lessee Disclosure [Abstract]  
Summary of components of lease cost

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

Three Months Ended

Nine Months Ended

March 31,

 

March 31,

2025

2024

2025

2024

Operating lease cost

$

11,712

$

10,944

$

33,822

$

34,014

Sublease income

 

(1,260)

 

(1,928)

 

(4,054)

 

(7,310)

Total lease cost

$

10,452

$

9,016

$

29,768

$

26,704

Summary of maturities of lease liabilities

Maturities of lease liabilities as of March 31, 2025 were as follows (in thousands):

Operating

Fiscal Year

Leases

2025 (remaining)

$

12,407

2026

49,916

2027

49,517

2028

44,943

2029

36,608

Thereafter

164,552

Total lease payments

 

357,943

Less: lease incentives not yet received

(25,216)

Less: imputed interest

(104,385)

Present value of lease liabilities

$

228,342

Summary of lease term and discount rate

Lease term and discount rate were as follows:

March 31,

2025

Weighted-average remaining operating lease term (years)

7.7

Weighted-average operating lease discount rate

7.6%

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

Nine Months Ended

March 31,

March 31,

2025

2024

2025

2024

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

$

9,388

$

9,596

$

25,673

$

31,210

Operating lease assets obtained in exchange for operating lease liabilities

$

20,903

$

$

47,040

$

19,526

Schedule of Future minimum lease and sublease rental income Future minimum sublease rental income under these agreements as of March 31, 2025 was as follows (in thousands):

Fiscal Year

Amount

2025 (remaining)

$

1,252

2026

2,038

Total sublease rental income

$

3,290