Long-term Debt (Tables)

9 Months Ended

Mar. 31, 2018

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

	March 31,			June 30,
	2018			2017
Bank credit facility – term loans	$	938,393		$	978,867
Bank credit facility – revolver loans		154,500			265,000
Principal amount of long-term debt		1,092,893			1,243,867
Less unamortized debt issuance costs		(8,993	)		(12,304	)
Total long-term debt		1,083,900			1,231,563
Less current portion		(94,438	)		(53,965	)
Long-term debt, net of current portion	$	989,462		$	1,177,598

Cash Flow Hedges

The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three and nine months ended March 31, 2018 and 2017 is as follows (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2018		2017		2018		2017
Gain (loss) recognized in other comprehensive income	$	3,257	$	124	$	4,778	$	8,649
Amounts reclassified to earnings from accumulated other comprehensive loss		87		1,921		1,687		6,295
Net current period other comprehensive income	$	3,344	$	2,045	$	6,465	$	14,944

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at March 31, 2018 are as follows (in thousands):

Twelve months ending March 31,
2018	$	94,438
2019		107,930
2020		890,525
Principal amount of long-term debt		1,092,893
Less unamortized debt issuance costs		(8,993	)
Total long-term debt	$	1,083,900