LEASES

9 Months Ended

Mar. 31, 2021

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 March 31, 2021 (amounts in thousands):

	Classification	March 31, 2021
Operating Leases
Right-of-use assets - current	Prepaid expenses and other	$	805
Right-of-use assets - non-current	Other assets		6,206
Total right-of-use assets		$	7,011
Lease liabilities - current	Other current liabilities	$	952
Lease liabilities - non-current	Other long-term liabilities		7,403
Total operating lease liabilities		$	8,355

Maturities of operating lease liabilities at March 31, 2021 were as follows (amounts in thousands):

Fiscal Years:	Operating Leases
2021	$	287
2022		1,143
2023		1,120
2024		1,120
2025		1,083
Thereafter		4,533
Total lease payments	$	9,286
Less imputed interest		(931)
Total	$	8,355

Other information pertaining to leases consists of the following:

	March 31, 2021
Operating Lease Term and Discount Rate
Weighted average remaining lease term in years		8.5
Weighted average discount rate		2.5%

We did not have any finance leases as of March 31, 2021.