Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Leases (Tables)

v3.19.3
Note 6 - Leases (Tables)
3 Months Ended
Sep. 30, 2019
Notes Tables  
Lease, Cost [Table Text Block]
   
September 30, 2019
 
Weighted-average remaining lease term (in years)
       
Operating leases
   
6.7
 
Finance leases
   
1.8
 
Weighted-average discount rate
       
Operating leases
   
3.7
%
Finance leases
   
4.6
%
 
Statement of Comprehensive Income Location
 
Three months ended
September 30, 2019
 
Operating lease cost
Selling, general and administrative (“SG&A”)
  $
8,022
 
Finance lease cost:
         
Depreciation of property
SG&A
   
146
 
Interest on lease liabilities
Interest income, net of interest (expense)
   
9
 
Short-term lease cost
SG&A
   
387
 
Variable lease cost
(1)
SG&A
   
2,463
 
Less: Sublease income
SG&A
   
(506
)
Total lease expense
  $
10,521
 
Lease, Balance Sheet Disclosure [Table Text Block]
 
Consolidated Balance Sheet Location
 
September 30, 2019
 
Assets
         
Operating leases
Operating lease right-of-use assets (non-current)
  $
127,837
 
Finance leases
Property, plant and equipment, net
   
953
 
Total lease assets
  $
128,790
 
           
Liabilities
         
Current:
         
Operating leases
Current operating lease liabilities
  $
30,662
 
Finance leases
Other current liabilities
   
582
 
Noncurrent:
         
Operating leases
Operating lease liabilities, long-term
   
119,235
 
Finance leases
Other long-term liabilities
   
347
 
Total lease liabilities
  $
150,826
 
Retail
  $
127,904
 
Wholesale
   
886
 
Total ROU assets
  $
128,790
 
Lessee, Leases, Liability, Maturity [Table Text Block]
Fiscal Year
 
Operating Leases
   
Finance Leases
 
Remainder of fiscal 2020 (nine months)
  $
25,971
    $
441
 
2021
   
31,627
     
440
 
2022
   
27,563
     
59
 
2023
   
21,189
     
20
 
2024
   
16,100
     
-
 
Thereafter
   
49,489
     
-
 
Total undiscounted future minimum lease payments
   
171,939
     
960
 
Less: imputed interest
   
(22,042
)    
(31
)
Total present value of lease obligations
  $
149,897
    $
929
 
Lease, Supplemental Lease Information [Table Text Block]
   
Three months ended
September 30, 2019
 
Cash paid for amounts included in the measurement of lease liabilities:
       
Operating cash flows from operating leases
  $
8,851
 
Operating cash flows from finance leases
  $
147
 
Operating lease assets obtained in exchange for new operating lease liabilities
  $
6,916
 
Schedule of Future Minimum Rental Payments for Leases [Table Text Block]
Fiscal Year
 
Operating Leases
   
Finance Leases
(1)
 
2020
  $
33,761
    $
550
 
2021
   
30,534
     
437
 
2022
   
26,443
     
60
 
2023
   
20,276
     
19
 
2024
   
15,345
     
-
 
Thereafter
   
43,500
     
-
 
Total
  $
169,859
    $
1,066