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Sales of Receivables (Tables) | 6 Months Ended
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Dec. 31, 2022
Transfers And Servicing Of Financial Assets [Abstract] |
Summary of MARPA Activity | MARPA activity consisted of the following (in thousands):
|  | As of and for the Six Months Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Beginning balance: |  | $ | 157,785 |  |  | $ | 182,027 |
Sales of receivables |  |  | 1,460,825 |  |  |  | 1,361,521 |
Cash collections |  |  | (1,418,648 | ) |  |  | (1,356,070 | )
Outstanding balance sold to Purchaser: (1) |  |  | 199,962 |  |  |  | 187,478 |
Cash collected, not remitted to Purchaser (2) |  |  | (59,827 | ) |  |  | (49,166 | )
Remaining sold receivables |  | $ | 140,135 |  |  | $ | 138,312 |
(1) | For the six months ended December 31, 2022 and 2021, the Company recorded net cash inflows of $42.2 million and $5.5 million in its cash flows from operating activities, respectively, from sold receivables. MARPA cash flows are calculated as the change in the outstanding balance during the fiscal year.
(2) | Includes the cash collected on behalf of but not yet remitted to Purchaser as of December 31, 2022 and 2021. This balance is included in other accrued expenses and current liabilities as of the balance sheet date.

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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 https://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 + Details
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