LONG-TERM DEBT (Tables)

12 Months Ended

Jun. 30, 2021

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

	June 30,
	2021			2020
Bank credit facility – term loans	$	797,635		$	844,555
Bank credit facility – revolver loans		945,000			569,000
Principal amount of long-term debt		1,742,635			1,413,555
Less unamortized discounts and debt issuance costs		(6,796	)		(9,116	)
Total long-term debt		1,735,839			1,404,439
Less current portion		(46,920	)		(46,920	)
Long-term debt, net of current portion	$	1,688,919		$	1,357,519

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at June 30, 2021 are as follows (in thousands):

Year ending June 30,
2022	$	46,920
2023		46,920
2024		1,648,795
Principal amount of long-term debt		1,742,635
Less unamortized discounts and debt issuance costs		(6,796	)
Total long-term debt	$	1,735,839

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, 2021, 2020 and 2019 is as follows (in thousands):

	Interest Rate Swaps
	2021			2020			2019
Gain (loss) recognized in other comprehensive income	$	(1,458	)	$	(26,915	)	$	(14,011	)
Amounts reclassified to earnings from accumulated other comprehensive loss		14,211			2,635			(3,903	)
Net current period other comprehensive income (loss)	$	12,753		$	(24,280	)	$	(17,914	)