LEASES

3 Months Ended

Sep. 30, 2020

LEASES

LEASES

6.    LEASES

Our significant lease arrangements relate to our office spaces. These arrangements are for leases of assets such as corporate office space and office equipment. We lease office space and office equipment under operating leases expiring at various

dates through the fiscal year ending June 30, 2030. The following amounts were recorded in the consolidated balance sheets at September 30, 2020 (amounts in thousands):

	Classification	September 30, 2020
Operating Leases
Right-of-use assets - current	Prepaid expenses and other	$	829
Right-of-use assets - non-current	Other assets		6,878
Total right-of-use assets		$	7,707
Lease liabilities - current	Other current liabilities	$	918
Lease liabilities - non-current	Other long-term liabilities		8,118
Total operating lease liabilities		$	9,036

Maturities of operating lease liabilities at September 30, 2020 were as follows (amounts in thousands):

Fiscal Years:	Operating Leases
2021	$	847
2022		1,127
2023		1,114
2024		1,125
2025		1,097
Thereafter		4,815
Total lease payments	$	10,125
Less imputed interest		(1,089)
Total	$	9,036

Other information pertaining to leases consist of the following:

	September 30, 2020
Operating Lease Term and Discount Rate
Weighted average remaining lease term in years		9
Weighted average discount rate		2.5%

We did not have any finance leases as of September 30, 2020.