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Leases (Tables)
3 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Components of Lease Cost

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

 

 

 

Three Months Ended

September 30,

2019

 

Operating lease cost

 

$

24,068

 

Variable lease cost

 

 

6,553

 

Finance lease cost:

 

 

 

 

Amortization of right-of-use assets

 

 

71

 

Interest on lease liabilities

 

 

8

 

Total lease cost

 

$

30,700

 

 

Schedule of Additional Information Related to Leases

The table below presents additional information related to the Company’s leases as of September 30, 2019:

 

 

 

Three Months Ended

September 30,

2019

 

Weighted average remaining lease term (in years)

 

 

 

 

Operating leases

 

 

6.4

 

Finance leases

 

 

3.4

 

Weighted average discount rate

 

 

 

 

Operating leases

 

 

5.8

%

Finance leases

 

 

3.8

%

 

Schedule of Other Information Related to Leases Including Supplemental Disclosures of Cash Flow Information

Other information related to leases, including supplemental disclosures of cash flow information, is as follows (in thousands):

 

 

 

Three Months Ended

September 30,

2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

21,281

 

Operating cash flows from finance leases

 

 

8

 

Financing cash flows from finance leases

 

 

71

 

Right-of-use assets obtained in exchange

   for operating lease liabilities

 

 

12,256

 

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows as of September 30, 2019 (in thousands):

 

 

Operating

Leases

 

 

Finance

Leases

 

 

Total

 

Fiscal year:

 

 

 

 

 

 

 

 

 

 

 

2020 (remaining)

$

65,529

 

 

$

233

 

 

$

65,762

 

2021

 

79,932

 

 

 

315

 

 

 

80,247

 

2022

 

68,669

 

 

 

236

 

 

 

68,905

 

2023

 

59,936

 

 

 

97

 

 

 

60,033

 

2024

 

51,815

 

 

 

10

 

 

 

51,825

 

2025

 

45,043

 

 

 

 

 

 

45,043

 

Thereafter

 

84,966

 

 

 

 

 

 

84,966

 

Total lease payments

$

455,890

 

 

$

891

 

 

$

456,781

 

Less:  Interest

 

77,862

 

 

 

53

 

 

 

77,915

 

Total lease liabilities

$

378,028

 

 

$

838

 

 

$

378,866

 

Less:  Current lease liabilities

 

66,914

 

 

 

288

 

 

 

67,202

 

Non-current lease liabilities

$

311,114

 

 

$

550

 

 

$

311,664