LONG-TERM DEBT (Tables)

12 Months Ended

Jun. 30, 2020

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

	June 30,
	2020			2019
Bank credit facility – term loans	$	844,555		$	891,475
Bank credit facility – revolver loans		569,000			785,000
Principal amount of long-term debt		1,413,555			1,676,475
Less unamortized discounts and debt issuance costs		(9,116	)		(11,462	)
Total long-term debt		1,404,439			1,665,013
Less current portion		(46,920	)		(46,920	)
Long-term debt, net of current portion	$	1,357,519		$	1,618,093

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at June 30, 2020 are as follows (in thousands):

Year ending June 30,
2021	$	46,920
2022		46,920
2023		46,920
2024		1,272,795
Principal amount of long-term debt		1,413,555
Less unamortized discounts and debt issuance costs		(9,116	)
Total long-term debt	$	1,404,439

Cash Flow Hedges

The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the years ended June 30, 2020, 2019 and 2018 is as follows (in thousands):

	Interest Rate Swaps
	2020			2019			2018
Gain (loss) recognized in other comprehensive income	$	(26,915	)	$	(14,011	)	$	6,344
Amounts reclassified to earnings from accumulated other comprehensive loss		2,635			(3,903	)		1,129
Net current period other comprehensive income (loss)	$	(24,280	)	$	(17,914	)	$	7,473