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v3.26.1

Sales of Receivables (Tables) | 9 Months Ended
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Mar. 31, 2026
Transfers and Servicing of Financial Assets [Abstract] |
Schedule of MARPA Activity | MARPA activity consisted of the following (in thousands):
|  | As of and for the Nine Months Ended March 31,
|  | 2026 |  | 2025
Beginning balance: |  | $ | 288,909 |  |  | $ | 250,000 |
Sales of receivables |  | 2,841,139 |  |  | 2,814,912 |
Cash collections |  | (2,895,121) |  |  | (2,764,912) |
Outstanding balance sold to Purchaser (1) |  | 234,927 |  |  | 300,000 |
Cash collected, not remitted to Purchaser (2) |  | (29,104) |  |  | (79,150) |
Remaining sold receivables |  | $ | 205,823 |  |  | $ | 220,850 |
__________________________________________________ (1)For the nine months ended March 31, 2026 and 2025, the Company recorded a net cash outflow of $54.0 million and a net cash inflow of $50.0 million from operating activities, respectively, from sold receivables. (2)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 -Name Accounting Standards Codification -Section 50 -Paragraph 4D -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481326/860-20-50-4D + Details
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