Annual report pursuant to Section 13 and 15(d)

Note 6 - Leases - Lease Costs (Details)

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Note 6 - Leases - Lease Costs (Details) - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Total lease expense $ 39,818 $ 39,963
Selling, General and Administrative Expenses [Member]    
Operating lease cost(1) [1] 30,235 30,261
Depreciation of property 503 489
Short-term lease cost(2) [2] 1,099 1,222
Variable lease cost(3) [3] 9,117 9,351
Less: Sublease income (1,162) (1,384)
Interest Income [Member]    
Interest on lease liabilities $ 26 $ 24
[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 an initial term 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. In addition, certain of our equipment lease agreements include variable lease payments, which are based on the usage of the underlying asset. The variable portion of payments are not included in the initial measurement of the asset or lease liability due to uncertainty of the payment amount and are recorded as expense in the period incurred.