Quarterly report pursuant to Section 13 or 15(d)

DEBT - Revolving Credit Facility (Details)

v3.22.1
DEBT - Revolving Credit Facility (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 30, 2017
quarter
Mar. 31, 2022
USD ($)
Sep. 30, 2021
USD ($)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Debt Instrument            
Proceeds from revolving credit facility       $ 600,000,000 $ 0  
Line of credit | Revolving credit facility            
Debt Instrument            
Maximum borrowing capacity   $ 1,000,000,000   1,000,000,000    
Proceeds from revolving credit facility   300,000,000 $ 300,000,000      
Repayments of lines of credit   25,000,000        
Debt outstanding   $ 275,000,000   $ 275,000,000   $ 0
Commitment fee percentage (in bps)       0.10%    
Covenant compliance, number of consecutive quarters | quarter 4          
Covenant compliance, minimum interest expense coverage ratio 3.50          
Maximum leverage ratio 3.00 3.00   3.00    
Maximum leverage ratio under a material acquisition or series of material acquisitions 4.00          
Line of credit | Revolving credit facility | Minimum            
Debt Instrument            
Commitment fee percentage (in bps) 0.10%          
Line of credit | Revolving credit facility | Maximum            
Debt Instrument            
Commitment fee percentage (in bps) 0.25%          
Line of credit | Revolving credit facility | Alternative base rate | Minimum            
Debt Instrument            
Basis spread on variable rate (in bps) 0.00%          
Line of credit | Revolving credit facility | Alternative base rate | Maximum            
Debt Instrument            
Basis spread on variable rate (in bps) 0.75%          
Line of credit | Revolving credit facility | LIBOR            
Debt Instrument            
Basis spread on variable rate (in bps)       1.00%    
Line of credit | Revolving credit facility | LIBOR | Minimum            
Debt Instrument            
Basis spread on variable rate (in bps) 1.00%          
Line of credit | Revolving credit facility | LIBOR | Maximum            
Debt Instrument            
Basis spread on variable rate (in bps) 1.75%