Debt (Tables)

12 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Components of Debt

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

	June 30, 2021		June 30, 2020
Term A Facility, interest at LIBOR, as defined, plus 1.38%	$	1,057,412	$	1,194,463
Revolving Credit Facility, interest at LIBOR, as defined, plus 1.38%	—		74,000
Debt issuance costs, Term A Facility and Revolving Credit Facility	(25,191)		(32,174)
Term B Facility, interest at LIBOR, as defined, plus 3.50%	—		714,600
Debt issuance costs, Term B Facility	—		(24,747)
0.50% convertible senior notes, assumed in the Finisar acquisition	14,888		14,888
0.25% convertible senior notes	344,969		345,000
0.25% convertible senior notes unamortized discount attributable to cash conversion option and debt issuance costs including initial purchaser discount	(16,937)		(30,688)
Total debt	1,375,141		2,255,342
Current portion of long-term debt	(62,050)		(69,250)
Long-term debt, less current portion	$	1,313,091	$	2,186,092

Schedule of Maturities of Long-term Debt

The scheduled maturities of principal amounts of debt obligations for the next five years and thereafter is as follows ($000):

	Year Ending
	June 30,
2022	$	62,050
2023	407,019
2024	62,050
2025	871,263
2026	—
Thereafter	14,888
Total	$	1,417,270

Summary of Total Interest Expense Recognized

The following table sets forth total interest expense recognized related to the II-VI Notes for the years ended June 30, 2021, 2020 and 2019 ($000):

	Year Ended June 30, 2021		Year Ended June 30, 2020		Year Ended June 30, 2019
0.25% contractual coupon	$	874	$	876	$	874
Amortization of debt discount and debt issuance costs including initial purchaser discount	13,748		13,172		12,550
Interest expense	$	14,622	$	14,048	$	13,424