Long-term Debt (Tables)

9 Months Ended

Mar. 31, 2020

Long Term Debt [Abstract]

Schedule of Long-term Debt

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

	March 31,			June 30,
	2020			2019
Bank credit facility – term loans	$	856,284		$	891,475
Bank credit facility – revolver loans		665,000			785,000
Principal amount of long-term debt		1,521,284			1,676,475
Less unamortized discounts and debt issuance costs		(9,700	)		(11,462	)
Total long-term debt		1,511,584			1,665,013
Less current portion		(46,920	)		(46,920	)
Long-term debt, net of current portion	$	1,464,664		$	1,618,093

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at March 31, 2020 are as follows (in thousands):

Twelve months ending March 31,
2021	$	46,920
2022		46,920
2023		46,920
2024		46,920
2025		1,333,604
Principal amount of long-term debt		1,521,284
Less unamortized discounts and debt issuance costs		(9,700	)
Total long-term debt	$	1,511,584

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, 2020 and 2019 is as follows (in thousands):

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2020			2019			2020			2019
Gain (loss) recognized in other comprehensive income	$	(21,606	)	$	(1,107	)	$	(22,245	)	$	(2,680	)
Amounts reclassified to earnings from accumulated    other comprehensive loss		433			(968	)		(157	)		(2,956	)
Net current period other comprehensive income (loss)	$	(21,173	)	$	(2,075	)	$	(22,402	)	$	(5,636	)