Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Leases (Tables)

v3.23.1
Note 6 - Leases (Tables)
9 Months Ended
Mar. 31, 2023
Notes Tables  
Lease, Cost [Table Text Block]
   

March 31,

 
   

2023

   

2022

 
Weighted average remaining lease term (in years)                    

Operating leases

    6.0         5.9    

Financing leases

    2.2         1.9    
Weighted average discount rate                    

Operating leases

    5.4 %       4.1 %  

Financing leases

    3.3 %       2.2 %  
     

Three months ended

March 31,

   

Nine months ended

March 31,

 
 

Statements of Comprehensive Income Location

 

2023

   

2022

   

2023

   

2022

 

Operating lease cost(1)

Selling, general and administrative (“SG&A”) expenses   $ 7,573     $ 7,557     $ 22,557     $ 22,505  
Financing lease cost                                  

Depreciation of property

SG&A expenses     124       119       379       371  

Interest on lease liabilities

Interest and other financing costs     6       5       21       18  

Short-term lease cost(2)

SG&A expenses     307       361       887       978  

Variable lease cost(3)

SG&A expenses     2,427       2,417       6,940       7,101  

Less: Sublease income

SG&A expenses     (288 )     (292 )     (874 )     (1,091 )

Total lease expense

  $ 10,149     $ 10,167     $ 29,910     $ 29,882  
Lessee, Leases, Liability, Maturity [Table Text Block]

Fiscal Year

 

Operating Leases

   

Financing Leases

 

2023 (remaining three months)

  $ 7,747     $ 136  

2024

    31,658       392  

2025

    28,839       80  

2026

    24,758       72  

2027

    18,372       66  

Thereafter

    44,917       -  

Total undiscounted future minimum lease payments

    156,291       746  

Less: imputed interest

    (23,897 )     (34 )

Total present value of lease obligations(1)

  $ 132,394     $ 712  
Lease, Supplemental Lease Information [Table Text Block]
   

Nine months ended
March 31,

 
   

2023

   

2022

 
Cash paid for amounts included in the measurement of lease liabilities                

Operating cash flows from operating leases

  $ 23,355     $ 25,027  

Operating cash flows from financing leases

  $ 395     $ 389  

Operating lease assets obtained in exchange for operating lease liabilities

  $ 36,375     $ 13,508