Debt and Bank Borrowings (Tables)

12 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

Debt and borrowings consisted of the following as of the dates present (in thousands):

	June 30,
	2022		2021
Convertible senior notes:
2027 Notes, principal	$	575,000	$	—
2025 Notes, principal	1,150,000		1,150,000
Total principle amount of convertible senior notes	1,725,000		1,150,000
Credit facilities:
2021 revolving credit agreement (Class A)	75,000		37,500
2021 revolving credit agreement (Class B)	—		10,000
2019 credit agreement	—		30,000
Total principal borrowings from credit facilities	75,000		77,500
Total principal amount of debt and borrowings	1,800,000		1,227,500
Less: unamortized debt discount and issuance costs	(26,918)		(238,119)
Net carrying value of debt and borrowings	$	1,773,082	$	989,381
Net carrying value of debt and borrowings consisted of:
Current liabilities:
Borrowings from credit facilities    (including unamortized debt premium)	$	75,097	$	—
Non-current liabilities:
2027 Notes, net	562,127		—
2025 Notes, net	1,135,858		909,847
Borrowings from credit facilities    (including unamortized debt premium)	—		79,534
Total	$	1,773,082	$	989,381

Convertible Debt

As of June 30, 2022 and 2021, the Notes consisted of the following (in thousands):

	June 30, 2022				June 30, 2021
	2027 Notes		2025 Notes		2025 Notes
Liability component:
Principal	$	575,000	$	1,150,000	$	1,150,000
Less: unamortized debt discount and issuance costs	$	(12,873)	$	(14,142)	$	(240,153)
Net carrying amount	$	562,127	$	1,135,858	$	909,847
Amount allocated to equity component, net of issuance costs and tax	$	—	$	—	$	245,066