OTHER LONG-TERM LIABILITIES

12 Months Ended

Jun. 30, 2019

Other Liabilities Noncurrent [Abstract]

NOTE 16. OTHER LONG-TERM LIABILITIES

Other long-term liabilities consisted of the following (in thousands):

	June 30,
	2019		2018
Deferred rent, net of current portion	$	41,427	$	32,768
Interest rate swap agreements		12,264		—
Deferred and contingent acquisition consideration		6,510		11,000
Deferred revenue		7,445		4,642
Accrued post-retirement obligations		5,982		5,651
Long-term incentive compensation		13,085		11,935
Reserve for unrecognized tax benefits (see Note 19)		1,544		4,195
Transition tax		4,472		8,128
Other		15,203		6,868
Total other long-term liabilities	$	107,932	$	85,187

Deferred rent liabilities result from recording rent expense and incentives for tenant improvements on a straight-line basis over the life of the respective lease.

Accrued post-retirement obligations include projected liabilities for benefits the Company is obligated to provide under long-term care, group health, and executive life insurance plans, each of which is unfunded. Plan benefits are provided to certain current and former executives, their dependents and other eligible employees, as defined. Post-retirement obligations also include accrued benefits under supplemental retirement benefit plans covering certain executives. The expense recorded under these plans was $0.4 million during the year ended June 30, 2019 and $0.4 million during the year ended June 30, 2018, respectively.

The Company has entered into floating-to-fixed interest rate swap agreements related to a portion of the Company’s floating rate indebtedness (see Note 14). See Note 22 for fair values of the swap agreements as of June 30, 2019 and 2018.