Long-term Debt (Tables)

9 Months Ended

Mar. 31, 2019

Long Term Debt [Abstract]

Schedule of Long-term Debt

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

	March 31,			June 30,
	2019			2018
Bank credit facility – term loans	$	903,204		$	938,394
Bank credit facility – revolver loans		865,000			135,000
Principal amount of long-term debt		1,768,204			1,073,394
Less unamortized discounts and debt issuance costs		(10,644	)		(11,054	)
Total long-term debt		1,757,560			1,062,340
Less current portion		(46,920	)		(46,920	)
Long-term debt, net of current portion	$	1,710,640		$	1,015,420

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, 2019 and 2018 is as follows (in thousands):

	Three Months Ended					Nine Months Ended
	March 31,					March 31,
	2019			2018		2019			2018
Gain (loss) recognized in other comprehensive income	$	(1,107	)	$	3,257	$	(2,680	)	$	4,778
Amounts reclassified to earnings from accumulated other    comprehensive loss		(968	)		87		(2,956	)		1,687
Net current period other comprehensive income	$	(2,075	)	$	3,344	$	(5,636	)	$	6,465

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at March 31, 2019 are as follows (in thousands):

Twelve months ending March 31,
2020	$	46,920
2021		46,920
2022		82,109
2023		93,839
2024		1,498,416
Principal amount of long-term debt		1,768,204
Less unamortized discounts and debt issuance costs		(10,644	)
Total long-term debt	$	1,757,560