Sales of Receivables (Tables)

9 Months Ended

Mar. 31, 2026

Transfers and Servicing of Financial Assets [Abstract]

Schedule of MARPA Activity

MARPA activity consisted of the following (in thousands):

	As of and for the Nine Months Ended March 31,
	2026		2025
Beginning balance:	$	288,909	$	250,000
Sales of receivables	2,841,139		2,814,912
Cash collections	(2,895,121)		(2,764,912)
Outstanding balance sold to Purchaser (1)	234,927		300,000
Cash collected, not remitted to Purchaser (2)	(29,104)		(79,150)
Remaining sold receivables	$	205,823	$	220,850

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(1)For the nine months ended March 31, 2026 and 2025, the Company recorded a net cash outflow of $54.0 million and a net cash inflow of $50.0 million from operating activities, respectively, from sold receivables.

(2)This balance is included in other accrued expenses and current liabilities as of the balance sheet date.