Leases Components of Lease Expenses (Tables)

9 Months Ended

Mar. 31, 2022

Lease, Cost [Table Text Block]

Operating lease costs are recognized on a straight-line basis over the term of the lease. Total lease expenses consisted of rent and fixed fees of $2.5 million and $2.5 million for the three months ended March 31, 2022 and 2021, respectively, and rent and fixed fees of $7.5 million and $7.4 million for the nine months ended March 31, 2022 and 2021, respectively.

The following table represents the weighted-average remaining lease term and discount rate information related to our operating leases as of March 31, 2022 and June 30, 2021:

	March 31, 2022		June 30, 2021
Weighted average remaining lease term	5.8 years		6.1 years
Weighted average discount rate	3.8	%	3.6	%