Debt (Tables)

3 Months Ended

Sep. 30, 2022

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

	September 30,			June 30,
	2022			2022
Bank credit facility – term loans	$	1,202,031		$	1,209,688
Bank credit facility – revolver loans		435,000			533,000
Principal amount of long-term debt		1,637,031			1,742,688
Less unamortized discounts and debt issuance costs		(9,351	)		(9,915	)
Total long-term debt		1,627,680			1,732,773
Less current portion		(30,625	)		(30,625	)
Long-term debt, net of current portion	$	1,597,055		$	1,702,148

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, 2022 and 2021 is as follows (in thousands):

	Three Months Ended
	September 30,
	2022			2021
Gain (loss) recognized in other comprehensive income	$	15,586		$	(1,008	)
Amounts reclassified to earnings from accumulated other comprehensive loss		(57	)		3,222
Net current period other comprehensive income	$	15,529		$	2,214