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Long-Term Debt
12 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
LONG-TERM DEBT LONG-TERM DEBT
Long-term debt consisted of the following at June 30:
(in thousands)
2020
 
2019
3.875% Senior Unsecured Notes due fiscal 2022, net of discount of $0.1 million for 2020 and 2019
299,940

 
299,903

4.625% Senior Unsecured Notes due fiscal 2028, net of discount of $1.7 million for 2020 and $2.0 million for 2019
298,264

 
298,046

Total term debt
598,204

 
597,949

Less unamortized debt issuance costs
(4,121
)
 
(5,475
)
Total long-term debt
$
594,083

 
$
592,474

Senior Unsecured Notes On June 7, 2018, we issued $300.0 million of 4.625 percent Senior Unsecured Notes with a maturity date of June 15, 2028. Interest will be paid semi-annually on June 15 and December 15 of each year. We used the net proceeds from the offering of the notes, plus cash on hand, for the early extinguishment of our $400.0 million of 2.650 percent Senior Unsecured Notes ($400.0 million Notes) in July of fiscal 2019. On February 14, 2012, we issued $300 million of 3.875 percent Senior Unsecured Notes with a maturity date of February 15, 2022. Interest on these Notes is paid semi-annually on February 15 and August 15 of each year.
Future principal maturities of long-term debt are $300 million in 2022 and $300 million in 2028.