Long-term Debt (Tables)

9 Months Ended

Mar. 31, 2021

Long Term Debt [Abstract]

Schedule of Long-term Debt

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

	March 31,			June 30,
	2021			2020
Bank credit facility – term loans	$	809,364		$	844,555
Bank credit facility – revolver loans		1,020,000			569,000
Principal amount of long-term debt		1,829,364			1,413,555
Less unamortized discounts and debt issuance costs		(7,373	)		(9,116	)
Total long-term debt		1,821,991			1,404,439
Less current portion		(46,920	)		(46,920	)
Long-term debt, net of current portion	$	1,775,071		$	1,357,519

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at March 31, 2021 are as follows (in thousands):

Twelve months ending March 31,
2022	$	46,920
2023		46,920
2024		46,920
2025		1,688,604
Principal amount of long-term debt		1,829,364
Less unamortized discounts and debt issuance costs		(7,373	)
Total long-term debt	$	1,821,991

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, 2021 and 2020 is as follows (in thousands):

	Three Months Ended					Nine Months Ended
	March 31,					March 31,
	2021		2020			2021		2020
Gain (loss) recognized in other comprehensive income	$	2,945	$	(21,606	)	$	757	$	(22,245	)
Amounts reclassified to earnings from accumulated other    comprehensive loss		3,522		433			10,606		(157	)
Net current period other comprehensive income (loss)	$	6,467	$	(21,173	)	$	11,363	$	(22,402	)