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Sales of Receivables (Tables) | 9 Months Ended
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Mar. 31, 2020
Transfers And Servicing Of Financial Assets [Abstract] |
Summary of MARPA Activity | MARPA activity consisted of the following (in thousands):
|  | As of and for the |
|  | Nine Months Ended |
|  | March 31, 2020 |
Outstanding balance – June 30, 2019: |  | $ | 192,527 |
Sales of receivables |  |  | 1,750,496 |
Cash collections |  |  | (1,749,524 | )
Outstanding balance sold to Purchaser – March 31, 2020: (1) |  |  | 193,499 |
Cash collected, not remitted to Purchaser (2) |  |  | (55,588 | )
Remaining sold receivables |  | $ | 137,911 |
| (1) | For the nine months ended March 31, 2020, the Company recorded a cash inflow in its cash flows from operating activities of $1.0 million from sold receivables. The cash inflow is calculated as the change in the outstanding balance of sold receivables as of March 31, 2020, compared with the outstanding balance as of June 30, 2019.
| (2) | Includes the cash collected on behalf of but not yet remitted to the Purchaser as of March 31, 2020. This balance represents an obligation to the Purchaser and is included in other accrued expenses and current liabilities in the accompanying consolidated balance sheet.

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- Definition Tabular disclosure of derecognized financial assets from transactions which comprise an initial transfer and an agreement entered into in contemplation of the initial transfer resulting in retention of substantially all of the exposure to the economic return throughout the term of the transaction. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -URI http://asc.fasb.org/extlink&oid=118948506&loc=SL51823488-111719 + Details
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- References No definition available. + Details
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