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Subsequent Event (Tables)
9 Months Ended
Mar. 31, 2021
Subsequent Event  
Summary of amount repayable in quarterly installments with the balance payable at maturity

Payment Date

    

Quarterly Installment

June 30, 2021, September 30, 2021, December 31, 2021, March 31, 2022

$

1,875

June 30, 2022, September 30, 2022, December 31, 2022, March 31, 2023

$

3,750

June 30, 2023, September 30, 2023, December 31, 2023, March 31, 2024

$

3,750

June 30, 2024, September 30, 2024, December 31, 2024, March 31, 2025

$

5,625

June 30, 2025, September 30, 2025, December 31, 2025, March 31, 2026

$

7,500

Summary of applicable rates of credit agreement

First Lien Net

2021 Credit Agreement

2017 Credit Agreement

 

Leverage Ratio

Applicable rates*

Applicable rates*

    

Base Rate loans

    

LIBOR loans

    

    

Base Rate loans

    

LIBOR loans

≥3.50:1.00

 

1.00%

2.00%

≥3.00:1.00

 

1.00%

2.00%

≥2.25:1.00 and <3.50:1.00

 

0.75%

1.75%

≥2.25:1.00 and <3.00:1.00

 

0.75%

1.75%

<2.25:1.00

 

0.50%

1.50%

<2.25:1.00

 

0.50%

1.50%