Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.8.0.1
Debt (Tables)
 3 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the debt of the Company as of September 30, 2017 and June 30, 2017:
 
As of September 30, 2017
 
As of June 30, 2017
 
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
290,000

 
2.550
%
 
446,250

 
2.137
%
Total debt
2,790,000

 
 
 
2,946,250

 
 
Unamortized discount
(2,798
)
 
 
 
(2,901
)
 
 
Unamortized debt issuance costs
(12,364
)
 
 
 
(12,892
)
 
 
Total debt
$
2,774,838

 
 
 
$
2,930,457

 
 
Reported as:
 
 
 
 
 
 
 
Current portion of long-term debt
$
249,996

 
 
 
$
249,983

 
 
Long-term debt
2,524,842

 
 
 
2,680,474

 
 
 Total debt
$
2,774,838

 
 
 
$
2,930,457

 
 
__________________ 
(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 Maturities of Term Loans
As of September 30, 2017, future principal payments for the debt are summarized as follows:
Fiscal year ending June 30:
Amount
(In thousands)
2018 (remaining 9 months)
$
250,000

2019
—

2020
540,000

2021
—

2022
500,000

Thereafter
1,500,000

Total payments
$
2,790,000