OTHER LONG-TERM LIABILITIES

12 Months Ended

Jun. 30, 2017

Other Liabilities Noncurrent [Abstract]

OTHER LONG-TERM LIABILITIES

NOTE 15. OTHER LONG-TERM LIABILITIES

Other long-term liabilities consisted of the following (in thousands):

	June 30,
	2017		2016
Deferred rent, net of current portion	$	33,284	$	32,907
Interest rate swap agreements		3,110		21,609
Deferred acquisition and contingent consideration		658		18,642
Deferred revenue		6,514		7,234
Accrued post-retirement obligations		6,423		6,569
Long-term incentive compensation		5,605		—
Reserve for unrecognized tax benefits		1,639		249
Other		643		110
Total other long-term liabilities	$	57,876	$	87,320

Deferred rent liabilities result from recording rent expense and incentives for tenant improvements on a straight-line basis over the life of the respective lease.

Accrued post-retirement obligations include projected liabilities for benefits the Company is obligated to provide under long-term care, group health, and executive life insurance plans, each of which is unfunded. Plan benefits are provided to certain current and former executives, their dependents and other eligible employees, as defined. Post-retirement obligations also include accrued benefits under supplemental retirement benefit plans covering certain executives. The expense recorded under these plans was $0.4 million during the years ended June 30, 2017 and 2016.  

The Company has entered into floating-to-fixed interest rate swap agreements related to a portion of the Company’s floating rate indebtedness (see Note 13).  See Note 22 for fair values of the swap agreements as of June 30, 2017 and 2016.