Long-term Debt (Tables)

6 Months Ended

Dec. 31, 2016

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

	December 31,			June 30,
	2016			2016
Bank credit facility – term loans	$	1,019,341		$	1,032,833
Bank credit facility – revolver loans		355,000			440,000
Principal amount of long-term debt		1,374,341			1,472,833
Less unamortized debt issuance costs		(14,537	)		(16,789	)
Total long-term debt		1,359,804			1,456,044
Less current portion		(67,456	)		(53,965	)
Long-term debt, net of current portion	$	1,292,348		$	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 and six months ended December 31, 2016 and 2015 is as follows (in thousands):

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2016		2015		2016		2015
Gain (loss) recognized in other comprehensive income	$	7,920	$	1,440	$	8,525	$	(4,016	)
Amounts reclassified to earnings from accumulated other comprehensive loss		2,125		2,392		4,374		4,814
Net current period other comprehensive income	$	10,045	$	3,832	$	12,899	$	798

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at December 31, 2016 are as follows (in thousands):

Twelve months ending December 31,
2017	$	67,456
2018		80,947
2019		107,930
2020		1,118,008
Principal amount of long-term debt		1,374,341
Less unamortized debt issuance costs		(14,537	)
Total long-term debt	$	1,359,804