v3.26.1
Leases
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company records leases on the Consolidated Balance Sheets as operating lease right-of-use ("ROU") assets, records the current portion of operating lease liabilities within accrued expenses and other current liabilities and, separately, records long-term operating lease liabilities. The difference between total ROU assets and total lease liabilities is primarily attributable to prepayments of our obligations and the recognition of various lease incentives.

The Company has entered into operating lease agreements for facilities and equipment. The Company's leases have remaining lease terms of up to approximately eleven years.

The components of operating lease expense were as follows:
Three Months EndedNine Months Ended
March 31,March 31,
2026202520262025
Operating lease cost$30.7 $27.4 $92.7 $82.3 
Short-term lease cost0.3 0.3 1.0 0.8 
Variable lease cost5.8 4.6 17.3 15.8 
Total operating lease cost$36.8 $32.3 $111.0 $98.9 
The following table provides supplemental cash flow information related to the Company's leases:
Nine Months Ended
March 31,
20262025
Cash paid for operating lease liabilities$125.9 $95.4 
Operating lease ROU assets obtained in exchange for new operating lease liabilities$116.4 $44.5 

Other information related to our operating lease liabilities is as follows:
March 31,June 30,
20262025
Weighted-average remaining lease term (in years)66
Weighted-average discount rate3.8 %3.6 %
Current operating lease liability$101.4 $100.8 
As of March 31, 2026, maturities of operating lease liabilities are as follows:
Three months ending June 30, 2026$28.0 
Twelve months ending June 30, 2027109.5 
Twelve months ending June 30, 202887.3 
Twelve months ending June 30, 202962.2 
Twelve months ending June 30, 203051.7 
Thereafter135.4 
Total undiscounted lease obligations474.1 
Less: Imputed interest(54.5)
Net lease obligations$419.6