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Long-term Debt (Tables)
3 Months Ended
Sep. 30, 2019
Long Term Debt [Abstract]  
Schedule of Long-term Debt

Long-term debt consisted of the following (in thousands):

 

 

 

September 30,

 

 

June 30,

 

 

 

2019

 

 

2019

 

Bank credit facility – term loans

 

$

879,744

 

 

$

891,475

 

Bank credit facility – revolver loans

 

 

730,000

 

 

 

785,000

 

Principal amount of long-term debt

 

 

1,609,744

 

 

 

1,676,475

 

Less unamortized discounts and debt issuance costs

 

 

(10,873

)

 

 

(11,462

)

Total long-term debt

 

 

1,598,871

 

 

 

1,665,013

 

Less current portion

 

 

(46,920

)

 

 

(46,920

)

Long-term debt, net of current portion

 

$

1,551,951

 

 

$

1,618,093

 

Aggregate Maturities of Long-term Debt

The aggregate maturities of long-term debt at September 30, 2019 are as follows (in thousands):

 

Twelve months ending September 30,

 

 

 

 

2020

 

$

46,920

 

2021

 

 

46,920

 

2022

 

 

46,920

 

2023

 

 

46,920

 

2024

 

 

1,422,064

 

Principal amount of long-term debt

 

 

1,609,744

 

Less unamortized discounts and debt issuance costs

 

 

(10,873

)

Total long-term debt

 

$

1,598,871

 

Cash Flow Hedges

The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three months ended September 30, 2019 and 2018 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Gain (loss) recognized in other comprehensive income

 

$

(4,196

)

 

$

1,025

 

Amounts reclassified to earnings from accumulated other comprehensive loss

 

 

(768

)

 

 

(808

)

Net current period other comprehensive income (loss)

 

$

(4,964

)

 

$

217