Annual report pursuant to Section 13 and 15(d)

Note 6 - Leases - Lease Costs (Details)

v3.21.2
Note 6 - Leases - Lease Costs (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Operating lease cost(1)     $ 32,400
Less: Sublease income     $ (2,100)
Total lease expense $ 38,828 $ 41,112  
Operating leases (Year) 6 years 2 months 12 days 6 years 7 months 6 days  
Financing leases (Year) 2 years 7 months 6 days 1 year 7 months 6 days  
Operating leases 4.20% 4.20%  
Financing leases 2.30% 4.40%  
Selling, General and Administrative Expenses [Member]      
Operating lease cost(1) [1] $ 29,944 $ 31,995  
Depreciation of property 668 596  
Short-term lease cost(2) [2] 840 1,215  
Variable lease cost(3) [3] 9,068 9,457  
Less: Sublease income (1,716) (2,181)  
Interest Income [Member]      
Interest on lease liabilities $ 24 $ 30  
[1] Lease expense for operating leases consists of both fixed and variable components. Expense related to fixed lease payments are recognized on a straight-line basis over the lease term.
[2] Leases with initial terms of 12 months or less are not recorded on the balance sheet and instead expensed on a straight-line basis over the lease term.
[3] Variable lease payments are generally expensed as incurred, where applicable, and include certain index-based changes in rent, certain non-lease components, such as maintenance, real estate taxes, insurance and other services provided by the lessor, and other charges included in the lease.