Debt (Tables)

6 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following (in thousands):

	December 31, 2024		June 30, 2024
Bank credit facility – term loans	$	1,102,500	$	1,133,125
Bank credit facility – revolver loans	1,220,000		415,000
Term loan B facility	750,000		—
Principal amount of long-term debt	3,072,500		1,548,125
Less unamortized discounts and debt issuance costs	(14,000)		(5,488)
Total long-term debt	3,058,500		1,542,637
Less current portion	(68,750)		(61,250)
Long-term debt, net of current portion	$	2,989,750	$	1,481,387

Schedule of Cash Flow Hedges

The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three and six months ended December 31, 2024 and 2023 is as follows (in thousands):

	Three Months Ended December 31,				Six Months Ended December 31,
	2024		2023		2024		2023
Gain (loss) recognized in other comprehensive income	$	12,963	$	(12,295)	$	1,342	$	(122)
Amounts reclassified to earnings from accumulated other comprehensive loss	(4,501)		(6,927)		(10,556)		(13,668)
Other comprehensive income (loss), net of tax	$	8,462	$	(19,222)	$	(9,214)	$	(13,790)