Long-term Debt (Tables)

3 Months Ended

Sep. 30, 2016

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

	September 30,			June 30,
	2016			2016
Bank credit facility – term loans	$	1,019,341		$	1,032,833
Bank credit facility – revolver loans		395,000			440,000
Principal amount of long-term debt		1,414,341			1,472,833
Less unamortized debt issuance costs		(15,660	)		(16,789	)
Total long-term debt		1,398,681			1,456,044
Less current portion		(53,965	)		(53,965	)
Long-term debt, net of current portion	$	1,344,716		$	1,402,079

Cash Flow Hedges

The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three months ended September 30, 2016 and 2015 is as follows (in thousands):

	Three Months Ended
	September 30,
	2016		2015
Gain (loss) recognized in other comprehensive income	$	605	$	(5,456	)
Amounts reclassified to earnings from accumulated other comprehensive loss		2,249		2,422
Net current period other comprehensive income (loss)	$	2,854	$	(3,034	)

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at September 30, 2016 are as follows (in thousands):

Twelve months ending September 30,
2017	$	53,965
2018		67,456
2019		107,930
2020		1,184,990
Principal amount of long-term debt		1,414,341
Less unamortized debt issuance costs		(15,660	)
Total long-term debt	$	1,398,681