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Fair Value of Financial Instruments (Tables)
9 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Recurring Fair Value Measurements

The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2021 and June 30, 2020, and the level they fall within the fair value hierarchy (in thousands):

 

 

 

 

 

 

 

March 31,

 

 

June 30,

 

 

 

Financial Statement

 

Fair Value

 

2021

 

 

2020

 

Description of Financial Instrument

 

Classification

 

Hierarchy

 

Fair Value

 

Interest rate swap agreements

 

Other accrued expenses and

   current liabilities

 

Level 2

 

$

1,934

 

 

$

 

Interest rate swap agreements

 

Other long-term liabilities

 

Level 2

 

$

25,817

 

 

$

43,168