Leases (Tables)

12 Months Ended

Jun. 30, 2021

The following table presents lease costs, which include short-term leases, lease term, and discount rates ($000):


	Year Ended June 30, 2021		Year Ended June 30, 2020
Finance Lease Cost
Amortization of right-of-use assets	$	1,667	$	1,667
Interest on lease liabilities	1,268		1,328
Total finance lease cost	2,935		2,995
Operating lease cost	37,361		32,466
Sublease income	1,471		368
Total lease cost	$	38,825	$	35,093

Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating cash flows from finance leases	1,268		1,328
Operating cash flows from operating leases	35,641		30,816
Financing cash flows from finance leases	1,152		1,026

Assets Obtained in Exchange for Lease Liabilities
Right-of-use assets obtained in acquisitions	13,391		29,247
Right-of-use assets obtained in exchange for new operating lease liabilities	52,839		29,458
Total assets obtained in exchange for new operating lease liabilities	66,230		58,705

Weighted-Average Remaining Lease Term (in Years)
Finance leases	10.5		11.5
Operating leases	7.0		7.2

Weighted-Average Discount Rate
Finance leases	5.6 %		5.6		%
Operating leases	6.1 %		7.3		%

The following table presents future minimum lease payments, which include short-term leases ($000):


Future Years	Operating Leases		Finance Leases		Total
Year 1	$	34,076	$	2,486	$	36,562
Year 2	31,121		2,554		33,675
Year 3	27,276		2,624		29,900
Year 4	23,332		2,697		26,029
Year 5	18,632		2,771		21,403
Thereafter	58,590		16,648		75,238
Total minimum lease payments	$	193,027	$	29,780	$	222,807
Less: amounts representing interest	42,128		7,484		49,612
Present value of total lease liabilities	$	150,899	$	22,296	$	173,195

The following table presents future minimum lease payments, which include short-term leases ($000):


Future Years	Operating Leases		Finance Leases		Total
Year 1	$	34,076	$	2,486	$	36,562
Year 2	31,121		2,554		33,675
Year 3	27,276		2,624		29,900
Year 4	23,332		2,697		26,029
Year 5	18,632		2,771		21,403
Thereafter	58,590		16,648		75,238
Total minimum lease payments	$	193,027	$	29,780	$	222,807
Less: amounts representing interest	42,128		7,484		49,612
Present value of total lease liabilities	$	150,899	$	22,296	$	173,195