Sales of Receivables (Tables)

9 Months Ended

Mar. 31, 2022

Transfers And Servicing Of Financial Assets [Abstract]

Summary of MARPA Activity

MARPA activity consisted of the following (in thousands):

	As of and for the Nine Months Ended
	March 31,
	2022			2021
Beginning balance:	$	182,027		$	200,000
Sales of receivables		2,041,215			2,048,585
Cash collections		(2,065,575	)		(2,058,725	)
Outstanding balance sold to Purchaser: (1)		157,667			189,860
Cash collected, not remitted to Purchaser (2)		(17,491	)		(76,388	)
Remaining sold receivables	$	140,176		$	113,472

(1) For the nine months ended March 31, 2022 and 2021, the Company recorded a net cash outflow of $24.4 million and a net cash outflow of $10.1 million in its cash flows from operating activities, respectively, from sold receivables.  MARPA cash flows are calculated as the change in the outstanding balance during the fiscal year.

(2) Includes the cash collected on behalf of but not yet remitted to the Purchaser as of March 31, 2022 and 2021.  This balance is included in other accrued expenses and current liabilities as of the balance sheet date.