Debt (Tables)

9 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Components of Debt

The components of debt for the periods indicated were as follows ($000):

	March 31, 2020		June 30, 2019
Term A Facility, interest at LIBOR, as defined, plus 2.00%	$	1,209,975	$	—
Revolving Credit Facility, interest at LIBOR, as defined, plus 2.00%	90,000		—
Debt issuance costs, Term A Facility and Revolving Credit Facility	(33,928)		—
Term B Facility, interest at LIBOR, as defined, plus 3.50%	716,400		—
Debt issuance costs, Term B Facility	(25,892)		—
0.50% convertible senior notes, assumed in the Finisar acquisition	14,888		—
0.25% convertible senior notes	345,000		345,000
0.25% convertible senior notes unamortized discount attributable to cash conversion option and debt issuance costs including initial purchaser discount	(34,019)		(43,859)
Term loan, interest at LIBOR, as defined, plus 1.75%	—		45,000
Line of credit, interest at LIBOR, as defined, plus 1.75%	—		115,000
Credit facility unamortized debt issuance costs	—		(761)
Yen denominated line of credit, interest at LIBOR, as defined, plus 1.75%	—		2,783
Note payable assumed in IPI acquisition	—		3,834
Total debt	2,282,425		466,997
Current portion of long-term debt	(69,250)		(23,834)
Long-term debt, less current portion	$	2,213,175	$	443,163

Summary of Total Interest Expense Recognized

The following tables set forth total interest expense recognized related to the II-VI Notes for the three and nine months ended March 31, 2020 and 2019:

	Three Months Ended March 31, 2020		Nine Months Ended March 31, 2020
0.25% contractual coupon	$	218	$	659
Amortization of debt discount and debt issuance costs including initial purchaser discount	3,294		9,840
Interest expense	$	3,512	$	10,499

	Three Months Ended March 31, 2019		Nine Months Ended March 31, 2019
0.25% contractual coupon	$	216	$	656
Amortization of debt discount and debt issuance costs including initial purchaser discount	3,112		9,367
Interest expense	$	3,328	$	10,023