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OTHER LONG-TERM LIABILITIES
12 Months Ended
Jun. 30, 2018
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,

 

 

 

2018

 

 

2017

 

Deferred rent, net of current portion

 

$

32,768

 

 

$

33,284

 

Interest rate swap agreements

 

 

 

 

 

3,110

 

Deferred and contingent acquisition consideration (see Note 4)

 

 

11,000

 

 

 

658

 

Deferred revenue

 

 

4,642

 

 

 

6,514

 

Accrued post-retirement obligations

 

 

5,651

 

 

 

6,423

 

Long-term incentive compensation

 

 

11,935

 

 

 

5,605

 

Reserve for unrecognized tax benefits (see Note 19)

 

 

4,195

 

 

 

1,639

 

Transition tax (see Note 19)

 

 

8,128

 

 

 

 

Other

 

 

6,868

 

 

 

643

 

Total other long-term liabilities

 

$

85,187

 

 

$

57,876

 

 

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, 2018 and $0.4 million during the year ended June 30, 2017, respectively.