Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.7.0.1
Debt (Tables)
 12 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Debt Long-term and Short-term Instruments
The following table summarizes the debt of the Company as of June 30, 2017 and June 30, 2016:
 
As of June 30, 2017
 
As of June 30, 2016
 
Amount
(in thousands)
 
Effective
Interest Rate
 
Amount
(in thousands)
 
Effective
Interest Rate
Fixed-rate 2.375% Senior notes due on November 1, 2017
$
250,000

 
2.396
%
 
$
250,000

 
2.396
%
Fixed-rate 3.375% Senior notes due on November 1, 2019
250,000

 
3.377
%
 
250,000

 
3.377
%
Fixed-rate 4.125% Senior notes due on November 1, 2021
500,000

 
4.128
%
 
500,000

 
4.128
%
Fixed-rate 4.650% Senior notes due on November 1, 2024(1)
1,250,000

 
4.682
%
 
1,250,000

 
4.682
%
Fixed-rate 5.650% Senior notes due on November 1, 2034
250,000

 
5.670
%
 
250,000

 
5.670
%
Term loans
446,250

 
2.137
%
 
576,250

 
1.714
%
Total debt
2,946,250

 
 
 
3,076,250

 
 
Unamortized discount
(2,901
)
 
 
 
(3,312
)
 
 
Unamortized debt issuance costs
(12,892
)
 
 
 
(15,002
)
 
 
Total debt
$
2,930,457

 
 
 
$
3,057,936

 
 
 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
Current portion of long-term debt
$
249,983

 
 
 
$
—

 
 
Long-term debt
2,680,474

 
 
 
3,057,936

 
 
Total debt
$
2,930,457

 
 
 
$
3,057,936

 
 
__________________ 
(1)
The effective interest rate disclosed above for this series of Senior Notes excludes the impact of the treasury rate lock hedge discussed below. The effective interest rate including the impact of the treasury rate lock hedge was 4.626%.
Schedule of Principal Payments and Maturities of Long-term Debt
As of June 30, 2017, future principal payments for the long-term debt are summarized as follows.
Fiscal year ending June 30,
Amount
(In thousands)
2018
$
250,000

2019
—

2020
696,250

2021
—

2022
500,000

Thereafter
1,500,000

Total payments
$
2,946,250