CACI International (CACI) 10-Q 28 Apr 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2022	Apr. 13, 2022
Cover [Abstract]
Entity Registrant Name	CACI International Inc
Entity Central Index Key	0000016058
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		23,412,651
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock
Trading Symbol	CACI
Security Exchange Name	NYSE
Entity File Number	001-31400
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	54-1345888
Entity Address, Address Line One	12021 Sunset Hills Road
Entity Address, City or Town	Reston
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	20190
City Area Code	703
Local Phone Number	841-7800
Document Quarterly Report	true
Document Transition Report	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenues	$ 1,583,980	$ 1,551,918	$ 4,560,656	$ 4,480,135
Costs of revenues:
Direct costs	1,022,181	1,000,235	2,970,370	2,887,300
Indirect costs and selling expenses	402,227	369,015	1,114,310	1,071,826
Depreciation and amortization	34,216	31,230	99,484	93,608
Total costs of revenues	1,458,624	1,400,480	4,184,164	4,052,734
Income from operations	125,356	151,438	376,492	427,401
Interest expense and other, net	9,084	8,954	30,491	28,021
Income before income taxes	116,272	142,484	346,001	399,380
Income taxes	20,855	22,140	72,176	78,914
Net income	$ 95,417	$ 120,344	$ 273,825	$ 320,466
Basic earnings per share	$ 4.08	$ 4.83	$ 11.67	$ 12.81
Diluted earnings per share	$ 4.04	$ 4.78	$ 11.56	$ 12.66
Weighted-average basic shares outstanding	23,409	24,935	23,457	25,026
Weighted-average diluted shares outstanding	23,616	25,166	23,687	25,307

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 95,417	$ 120,344	$ 273,825	$ 320,466
Other comprehensive income (loss):
Foreign currency translation adjustment	(5,087)	440	(11,274)	21,946
Change in fair value of interest rate swap agreements, net of tax	17,361	6,467	24,999	11,363
Other comprehensive income, net of tax	12,274	6,907	13,725	33,309
Comprehensive income	$ 107,691	$ 127,251	$ 287,550	$ 353,775

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2022		Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 125,074		$ 88,031
Accounts receivable, net	857,181		879,851
Prepaid expenses and other current assets	210,988		363,294
Total current assets	1,193,243		1,331,176
Goodwill	4,069,954		3,632,578
Intangible assets, net	601,464	[1]	476,106
Property, plant and equipment, net	187,363		190,444
Operating lease right-of-use assets	332,844		356,887
Supplemental retirement savings plan assets	100,298		102,984
Accounts receivable, long-term	11,134		12,159
Other long-term assets	80,449		70,038
Total assets	6,576,749		6,172,372
Current liabilities:
Current portion of long-term debt	30,625		46,920
Accounts payable	218,026		148,636
Accrued compensation and benefits	377,456		409,275
Other accrued expenses and current liabilities	301,335		279,970
Total current liabilities	927,442		884,801
Long-term debt, net of current portion	1,823,240		1,688,919
Supplemental retirement savings plan obligations, net of current portion	104,644		104,490
Deferred income taxes	350,309		327,230
Operating lease liabilities, noncurrent	332,338		363,302
Other long-term liabilities	77,890		138,352
Total liabilities	3,615,863		3,507,094
COMMITMENTS AND CONTINGENCIES
Shareholders’ equity:
Preferred stock $0.10 par value, 10,000 shares authorized, no shares issued or outstanding
Common stock $0.10 par value, 80,000 shares authorized; 42,817 shares issued and 23,413 outstanding at March 31, 2022 and 42,676 shares issued and 23,554 outstanding at June 30, 2021	4,282		4,268
Additional paid-in capital	563,452		484,260
Retained earnings	3,462,912		3,189,087
Accumulated other comprehensive loss	(22,566)		(36,291)
Treasury stock, at cost (19,404 and 19,122 shares, respectively)	(1,047,329)		(976,181)
Total CACI shareholders’ equity	2,960,751		2,665,143
Noncontrolling interest	135		135
Total shareholders’ equity	2,960,886		2,665,278
Total liabilities and shareholders’ equity	$ 6,576,749		$ 6,172,372
[1]	During the nine months ended March 31, 2022, the Company removed $40.9 million in fully amortized intangible assets.

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parentheticals) - $ / shares	Mar. 31, 2022	Jun. 30, 2021
Statement Of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.10	$ 0.10
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	42,817,000	42,676,000
Common stock, shares outstanding	23,413,000	23,554,000
Treasury stock, shares at cost	19,404,000	19,122,000

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 273,825	$ 320,466
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	99,484	93,608
Amortization of deferred financing costs	1,712	1,743
Loss on extinguishment of debt	891
Non-cash lease expense	51,449	57,800
Stock-based compensation expense	23,085	23,841
Deferred income taxes	2,813	(585)
Changes in operating assets and liabilities, net of effect of business acquisitions:
Accounts receivable, net	66,953	(18,826)
Prepaid expenses and other assets	(27,227)	(27,068)
Accounts payable and other accrued expenses	23,056	27,933
Accrued compensation and benefits	(84,466)	41,691
Income taxes payable and receivable	201,112	10,102
Operating lease liabilities	(54,575)	(55,274)
Long-term liabilities	14,901	25,085
Net cash provided by operating activities	593,013	500,516
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(38,742)	(51,273)
Acquisition of businesses, net of cash acquired	(615,769)	(355,452)
Other	923	2,744
Net cash used in investing activities	(653,588)	(403,981)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings under bank credit facilities	2,087,095	2,478,500
Principal payments made under bank credit facilities	(1,965,386)	(2,062,690)
Payment of financing costs under bank credit facilities	(6,286)
Proceeds from employee stock purchase plans	7,398	6,840
Repurchases of common stock	(7,301)	(506,629)
Payment of taxes for equity transactions	(14,685)	(19,567)
Net cash provided by (used in) financing activities	100,835	(103,546)
Effect of exchange rate changes on cash and cash equivalents	(3,217)	5,366
Net change in cash and cash equivalents	37,043	(1,645)
Cash and cash equivalents at beginning of period	88,031	107,236
Cash and cash equivalents at end of period	125,074	105,591
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid (refunds received) during the period for income taxes	(146,985)	48,855
Cash paid during the period for interest	27,298	25,405
Non-cash financing and investing activities:
Landlord sponsored tenant incentives	2,256	15,468
Accrued capital expenditures	$ 952	$ 1,075

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total CACI Shareholders' Equity	Noncontrolling Interest
Beginning balance at Jun. 30, 2020	$ 2,661,310	$ 4,253	$ 573,744	$ 2,731,644	$ (72,285)	$ (576,181)	$ 2,661,175	$ 135
Beginning balance, shares at Jun. 30, 2020		42,525				17,432
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	320,466			320,466			320,466
Stock-based compensation expense	23,841		23,841				23,841
Tax withholdings on restricted share vestings	(19,486)	$ 14	(19,500)				(19,486)
Tax withholdings on restricted share vestings (in shares)		147
Other comprehensive (loss) income, net of tax	33,309				33,309		33,309
Repurchases of common stock	(506,629)		(100,065)			$ (406,564)	(506,629)
Repurchases of common stock (in shares)						(1,721)
Treasury stock issued under stock purchase plans	6,583		19			$ 6,564	6,583
Treasury stock issued under stock purchase plans (in shares)						(31)
Ending balance at Mar. 31, 2021	2,519,394	$ 4,267	478,039	3,052,110	(38,976)	$ (976,181)	2,519,259	135
Ending balance, shares at Mar. 31, 2021		42,672				19,122
Beginning balance at Dec. 31, 2020	2,884,279	$ 4,266	570,176	2,931,766	(45,883)	$ (576,181)	2,884,144	135
Beginning balance, shares at Dec. 31, 2020		42,663				17,432
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	120,344			120,344			120,344
Stock-based compensation expense	8,800		8,800				8,800
Tax withholdings on restricted share vestings	(904)	$ 1	(905)				(904)
Tax withholdings on restricted share vestings (in shares)		9
Other comprehensive (loss) income, net of tax	6,907				6,907		6,907
Repurchases of common stock	(502,209)		(100,032)			$ (402,177)	(502,209)
Repurchases of common stock (in shares)						(1,699)
Treasury stock issued under stock purchase plans	2,177					$ 2,177	2,177
Treasury stock issued under stock purchase plans (in shares)						(9)
Ending balance at Mar. 31, 2021	2,519,394	$ 4,267	478,039	3,052,110	(38,976)	$ (976,181)	2,519,259	135
Ending balance, shares at Mar. 31, 2021		42,672				19,122
Beginning balance at Jun. 30, 2021	2,665,278	$ 4,268	484,260	3,189,087	(36,291)	$ (976,181)	2,665,143	135
Beginning balance, shares at Jun. 30, 2021		42,676				19,122
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	273,825			273,825			273,825
Stock-based compensation expense	23,085		23,085				23,085
Tax withholdings on restricted share vestings	(14,571)	$ 14	(14,585)				(14,571)
Tax withholdings on restricted share vestings (in shares)		141
Other comprehensive (loss) income, net of tax	13,725				13,725		13,725
Repurchases of common stock	(7,301)		70,631			$ (77,932)	(7,301)
Repurchases of common stock (in shares)						(310)
Treasury stock issued under stock purchase plans	6,845		61			$ 6,784	6,845
Treasury stock issued under stock purchase plans (in shares)						(28)
Ending balance at Mar. 31, 2022	2,960,886	$ 4,282	563,452	3,462,912	(22,566)	$ (1,047,329)	2,960,751	135
Ending balance, shares at Mar. 31, 2022		42,817				19,404
Beginning balance at Dec. 31, 2021	2,845,710	$ 4,281	555,968	3,367,495	(34,840)	$ (1,047,329)	2,845,575	135
Beginning balance, shares at Dec. 31, 2021		42,810				19,404
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	95,417			95,417			95,417
Stock-based compensation expense	8,387		8,387				8,387
Tax withholdings on restricted share vestings	(772)	$ 1	(773)				(772)
Tax withholdings on restricted share vestings (in shares)		7
Other comprehensive (loss) income, net of tax	12,274				12,274		12,274
Repurchases of common stock	(2,306)		(130)			$ (2,176)	(2,306)
Repurchases of common stock (in shares)						(9)
Treasury stock issued under stock purchase plans	2,176					$ 2,176	2,176
Treasury stock issued under stock purchase plans (in shares)						(9)
Ending balance at Mar. 31, 2022	$ 2,960,886	$ 4,282	$ 563,452	$ 3,462,912	$ (22,566)	$ (1,047,329)	$ 2,960,751	$ 135
Ending balance, shares at Mar. 31, 2022		42,817				19,404

Basis of Presentation

Basis of Presentation	9 Months Ended
	Mar. 31, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	Note 1. Basis of Presentation The accompanying unaudited consolidated financial statements of CACI International Inc and subsidiaries (CACI or the Company) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC) and include the assets, liabilities, results of operations, comprehensive income and cash flows for the Company, including its subsidiaries and ventures that are majority-owned or otherwise controlled by the Company. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information presented not misleading. All intercompany balances and transactions have been eliminated in consolidation. The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and amounts included in other current assets and current liabilities that meet the definition of a financial instrument approximate fair value because of the short-term nature of these amounts. The fair value of the Company’s debt outstanding as of March 31, 2022 under its bank credit facility approximates its carrying value. The fair value of the Company’s debt under its bank credit facility was estimated using Level 2 inputs based on market data of companies with a corporate rating similar to CACI’s that have recently priced credit facilities. See Notes 10 and 15. In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments and reclassifications (all of which are of a normal, recurring nature) that are necessary for the fair presentation of the periods presented. It is suggested that these unaudited consolidated financial statements be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s latest annual report to the SEC on Form 10-K for the year ended June 30, 2021. The results of operations for the three and nine months ended March 31, 2022 are not necessarily indicative of the results to be expected for any subsequent interim period or for the full fiscal year.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Mar. 31, 2022
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements	Note 2. Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. The guidance in this ASU is optional and expedients may be elected over time through December 31, 2022, as reference rate reform activities occur. During the year ended June 30, 2020, CACI elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives consistent with past presentation. Application of these expedients assisted in preserving the Company's presentation of derivatives as qualifying cash flow hedges. The Company continues to evaluate this guidance and may apply other elections as relevant contract and hedge accounting relationship modifications are made during the course of the reference rate reform transition period. In October 2021, the FASB issued ASU 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. This ASU requires contract assets and contract liabilities acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606 )

Acquisitions

Acquisitions	9 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Acquisitions	Note 3. Acquisitions During the nine months ended March 31, 2022 CACI completed four acquisitions that provide mission and enterprise technology to sensitive government customers. Their capabilities include open source intelligence solutions, specialized cyber, satellite communications, multi-domain photonics technologies for free-space optical (FSO) communications, and commercial solutions for classified (CSfC) security technologies. The aggregate purchase consideration was approximately $609.7 million. The Company preliminarily recognized fair values of the assets acquired and liabilities assumed and allocated $444.6 million to goodwill and $180.6 million to intangible assets. The intangible assets consist of customer relationships of $98.4 million and technology of $82.2 million. The fair value attributed to intangible assets is being amortized on an accelerated basis over a range of approximately 15 to 20 years for customer relationships and over a range of approximately 5 to 10 years for technology. The fair value attributed to the intangible assets acquired was based on assumptions and other information compiled by management, including independent valuations that utilized established valuation techniques. Of the value attributed to goodwill and intangible assets, approximately $492.4 million is deductible for income tax purposes.

Intangible Assets

Intangible Assets	9 Months Ended
	Mar. 31, 2022
Finite Lived Intangible Assets Net [Abstract]
Intangible Assets	Note 4 . Intangible Assets Intangible assets, net including those allocated on a preliminary basis, consisted of the following (in thousands): March 31, June 30, 2022 (1) 2021 Intangible assets: Customer contracts and related customer relationships $ 658,475 $ 601,516 Acquired technologies 280,358 198,273 Intangible assets 938,833 799,789 Less accumulated amortization: Customer contracts and related customer relationships (266,260 ) (276,498 ) Acquired technologies (71,109 ) (47,185 ) Less accumulated amortization (337,369 ) (323,683 ) Total intangible assets, net $ 601,464 $ 476,106 (1) During the nine months ended March 31, 2022, the Company removed $40.9 million in fully amortized intangible assets. Intangible assets are primarily amortized on an accelerated basis over periods ranging from one to twenty years. The weighted-average period of amortization for all customer contracts and related customer relationships as of March 31, 2022 is 18 years, and the weighted-average remaining period of amortization is 15 years. The weighted-average period of amortization for acquired technologies as of March 31, 2022 is 10 years, and the weighted-average remaining period of amortization is 9 years. Amortization expense was $19.3 million and $54.9 million for the three and nine months ended March 31, 2022, respectively, and $17.0 million and $50.6 million for the three and nine months ended March 31, 2021, respectively. The estimated annual amortization expense as of March 31, 2022 was as follows (in thousands): Fiscal year ending June 30, Amount 2022 (remainder of year) $ 19,209 2023 75,506 2024 72,035 2025 67,872 2026 60,242 2027 and thereafter 306,600 $ 601,464

Goodwill

Goodwill	9 Months Ended
	Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	Note 5 . Goodwill The changes in the carrying amount of goodwill for the nine months ended March 31, 2022 are as follows (in thousands): Domestic International Total Balance at June 30, 2021 $ 3,491,747 $ 140,831 $ 3,632,578 Goodwill acquired (1) 444,648 — 444,648 Foreign currency translation (41 ) (7,231 ) (7,272 ) Balance at March 31, 2022 $ 3,936,354 $ 133,600 $ 4,069,954 (1) Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable.

Revenues from Contracts with Cu

Revenues from Contracts with Customers	9 Months Ended
	Mar. 31, 2022
Revenue From Contract With Customer [Abstract]
Revenues from Contracts with Customers	Note 6 . Revenues from Contracts with Customers Disaggregation of Revenues The Company disaggregates revenues by contract type, customer type, prime vs. subcontractor, and whether the solution provided is primarily expertise or technology. These categories represent how the nature, amount, timing, and uncertainty of revenues and cash flows are affected. Disaggregated revenues by contract type were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Cost-plus-fee $ 889,624 $ — $ 889,624 $ 2,672,695 $ — $ 2,672,695 Fixed-price 468,116 35,058 503,174 1,242,601 101,568 1,344,169 Time-and-materials 175,140 16,042 191,182 499,556 44,236 543,792 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Cost-plus-fee $ 905,774 $ — $ 905,774 $ 2,572,967 $ — $ 2,572,967 Fixed-price 424,580 32,519 457,099 1,245,278 86,456 1,331,734 Time-and-materials 174,683 14,362 189,045 532,039 43,395 575,434 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by customer type were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Department of Defense $ 1,118,665 $ — $ 1,118,665 $ 3,155,806 $ — $ 3,155,806 Federal Civilian agencies 380,837 — 380,837 1,166,398 — 1,166,398 Commercial and other 33,378 51,100 84,478 92,648 145,804 238,452 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Department of Defense $ 1,074,056 $ — $ 1,074,056 $ 3,091,126 $ — $ 3,091,126 Federal Civilian agencies 405,855 — 405,855 1,186,068 — 1,186,068 Commercial and other 25,126 46,881 72,007 73,090 129,851 202,941 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by prime vs. subcontractor were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Prime contractor $ 1,373,045 $ 46,760 $ 1,419,805 $ 3,964,227 $ 132,983 $ 4,097,210 Subcontractor 159,835 4,340 164,175 450,625 12,821 463,446 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Prime contractor $ 1,358,423 $ 43,210 $ 1,401,633 $ 3,935,661 $ 119,835 $ 4,055,496 Subcontractor 146,614 3,671 150,285 414,623 10,016 424,639 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by expertise or technology were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Expertise $ 697,347 $ 18,852 $ 716,199 $ 2,049,180 $ 56,374 $ 2,105,554 Technology 835,533 32,248 867,781 2,365,672 89,430 2,455,102 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Expertise $ 745,440 $ 18,979 $ 764,419 $ 2,184,449 $ 52,929 $ 2,237,378 Technology 759,597 27,902 787,499 2,165,835 76,922 2,242,757 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Changes in Estimates The Company recognizes revenues on many of its fixed price, award fee, and incentive fee arrangements over time primarily using a cost-to-cost input method based on the ratio of costs incurred to date to total estimated costs at completion. The process requires the Company to use professional judgment when assessing risks, estimating contract revenues and costs, estimating variable consideration, and making assumptions for schedule and technical issues. The Company periodically reassesses its assumptions and updates its estimates as needed. When estimates of total costs to be incurred on a contract exceed total revenues, a provision for the entire loss on the contract is recorded in the period in which the loss is determined. Aggregate net changes in estimates for the three and nine months ended March 31, 2022 reflected an increase to income before income taxes of $13.0 million ($0.40 per diluted share) and $21.2 million ($0.66 per diluted share), respectively, compared with $10.7 million ($0.31 per diluted share) and for the three and nine months ended March 31, 2021, respectively Revenues recognized from previously satisfied performance obligations were not material for the three and nine months ended March 31, 2022 compared to $0.7 million and $2.3 million for the three and nine months ended March 31, 2021, respectively. The change in revenues generally relates to final true-up adjustments for estimated award or incentive fees in the period in which the customer’s final performance score was received or when it can be determined that more objective, contractually-defined criteria have been fully satisfied. Remaining Performance Obligations Remaining performance obligations (RPO) represent the expected revenues to be recognized for the satisfaction of remaining performance obligations on existing contracts. This balance excludes unexercised contract option years and task orders that may be issued underneath an Indefinite Delivery/Indefinite Quantity (IDIQ) vehicle until such task orders are awarded. The RPO balance generally increases with the execution of new contracts and converts into revenues as contractual performance obligations are satisfied. The Company continues to monitor this balance as it is subject to change from execution of new contracts, contract modifications or extensions, government deobligations, or early terminations. As of March 31, 2022, the Company had $6.8 billion of RPO and expects to recognize approximately 90 percent over the next twelve months with the remainder thereafter

Contract Balances

Contract Balances	9 Months Ended
	Mar. 31, 2022
Revenue From Contract With Customer [Abstract]
Contract Balances	Note 7 . Contract Balances Contract balances consisted of the following (in thousands): March 31, June 30, Description of Contract Related Balance Financial Statement Classification 2022 2021 Billed and billable receivables Accounts receivable, net $ 720,032 $ 763,921 Contract assets – current unbilled receivables Accounts receivable, net 137,149 115,930 Contract assets – current costs to obtain Prepaid expenses and other current assets 4,907 4,144 Contract assets – noncurrent unbilled receivables Accounts receivable, long-term 11,134 12,159 Contract assets – noncurrent costs to obtain Other long-term assets 10,925 9,584 Contract liabilities – current deferred revenue and other contract liabilities Other accrued expenses and current liabilities (104,730 ) (70,907 ) Contract liabilities – noncurrent deferred revenue and other contract liabilities Other long-term liabilities (7,906 ) (6,837 ) During the three and nine months ended March 31, 2022, the Company recognized $4.1 million and $72.4 million of revenues, respectively, compared with $4.2 million and $57.1 million of revenues ,

Inventories

Inventories	9 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Inventories	Note 8 . Inventories Inventories consisted of the following (in thousands): March 31, June 30, 2022 2021 Materials, purchased parts and supplies $ 55,050 $ 52,615 Work in process 16,307 11,353 Finished goods 26,324 15,728 Total $ 97,681 $ 79,696 Inventories are stated at the lower of cost (average cost or first-in, first-out) or net realizable value and are included in prepaid expenses and other current assets on the accompanying consolidated balance sheets. The Company periodically assesses its current inventory balances and records a provision for damaged, deteriorated, or obsolete inventory based on historical patterns and forecasted sales.

Sales of Receivables

Sales of Receivables	9 Months Ended
	Mar. 31, 2022
Transfers And Servicing Of Financial Assets [Abstract]
Sales of Receivables	Note 9 . Sales of Receivables On December 23, 2021, the Company amended its Master Accounts Receivable Purchase Agreement (MARPA) with MUFG Bank, Ltd. (the Purchaser), for the sale of certain designated eligible U.S. government receivables. The amendment extended the term of the MARPA to December 22, 2022. Under the MARPA, the Company can sell eligible receivables, including certain billed and unbilled receivables up to a maximum amount of $200.0 million. The Company’s receivables are sold under the MARPA without recourse for any U.S. government credit risk. The Company accounts for receivable transfers under the MARPA as sales under ASC 860, Transfers and Servicing The Company does not retain an ongoing financial interest in the transferred receivables other than cash collection and administrative services. The Company estimated that its servicing fee was at fair value and therefore no servicing asset or liability related to these receivables was recognized as of March 31, 20 2 2 . Proceeds from the sold receivables are reflected in operating cash flows on the statement of cash flows. MARPA activity consisted of the following (in thousands): As of and for the Nine Months Ended March 31, 2022 2021 Beginning balance: $ 182,027 $ 200,000 Sales of receivables 2,041,215 2,048,585 Cash collections (2,065,575 ) (2,058,725 ) Outstanding balance sold to Purchaser: (1) 157,667 189,860 Cash collected, not remitted to Purchaser (2) (17,491 ) (76,388 ) Remaining sold receivables $ 140,176 $ 113,472 (1) For the nine months ended March 31, 2022 and 2021, the Company recorded a net cash outflow of $24.4 million and a net cash outflow of $10.1 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 the Purchaser as of March 31, 2022 and 2021. This balance is included in other accrued expenses and current liabilities as of the balance sheet date.

Long-term Debt

Long-term Debt	9 Months Ended
	Mar. 31, 2022
Long Term Debt [Abstract]
Long-term Debt	Note 1 0 . Long-term Debt Long-term debt consisted of the following (in thousands): March 31, June 30, 2022 2021 Bank credit facility – term loans $ 1,217,344 $ 797,635 Bank credit facility – revolver loans 647,000 945,000 Principal amount of long-term debt 1,864,344 1,742,635 Less unamortized discounts and debt issuance costs (10,479 ) (6,796 ) Total long-term debt 1,853,865 1,735,839 Less current portion (30,625 ) (46,920 ) Long-term debt, net of current portion $ 1,823,240 $ 1,688,919 Bank Credit Facility On December 13, 2021, the Company amended its credit facility (the Credit Facility) primarily to extend the maturity date, increase borrowing capacity, and improve pricing. As amended, the Company’s $3,200.0 million Credit Facility consists of a $1,975.0 million revolving credit facility (the Revolving Facility) and a $1,225.0 million term loan (the Term Loan). The Revolving Facility has subfacilities of $100.0 million for same-day swing line loan borrowings and $25.0 million for stand-by letters of credit. The Revolving Facility is a secured facility that permits continuously renewable borrowings of up to $1,975.0 million. As of March 31, 2022, the Company had $647.0 million outstanding under the Revolving Facility and no borrowings on the swing line. The Company pays a quarterly facility fee for the unused portion of the Revolving Facility. The Term Loan is a five-year The interest rates applicable to loans under the Credit Facility are floating interest rates that, at the Company’s option, equal a base rate or a Eurodollar rate plus, in each case, an applicable rate based upon the Company’s consolidated total leverage ratio. As of March 31, 2022, the effective interest rate, including the impact of the Company’s floating-to-fixed interest rate swap agreements and excluding the effect of amortization of debt financing costs, for the outstanding borrowings under the Credit Facility was 2.09 percent. The Credit Facility requires the Company to comply with certain financial covenants, including a maximum total leverage ratio and a minimum interest coverage ratio. The Credit Facility also includes customary negative covenants restricting or limiting the Company’s ability to guarantee or incur additional indebtedness, grant liens or other security interests to third parties, make loans or investments, transfer assets, declare dividends or redeem or repurchase capital stock or make other distributions, prepay subordinated indebtedness and engage in mergers, acquisitions or other business combinations, in each case except as expressly permitted under the Credit Facility. As of March 31, 2022, the Company was in compliance with all of the financial covenants. A majority of the Company’s assets serve as collateral under the Credit Facility. All debt issuance costs are being amortized from the date incurred to the expiration date of the Credit Facility. The aggregate maturities of long-term debt at March 31, 2022 were as follows (in thousands): Twelve months ending March 31, 2023 $ 30,625 2024 38,281 2025 61,250 2026 61,250 2027 1,672,938 Principal amount of long-term debt 1,864,344 Less unamortized discounts and debt issuance costs (10,479 ) Total long-term debt $ 1,853,865 Cash Flow Hedges The Company periodically uses derivative financial instruments as part of a strategy to manage exposure to market risks associated with interest rate fluctuations. The Company has entered into several floating-to-fixed interest rate swap agreements for an aggregate notional amount of $800.0 million which hedge a portion of the Company’s floating rate indebtedness. The swaps mature at various dates through 2028. The Company has designated the swaps as cash flow hedges. Unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. The interest rate swap agreements are highly correlated to the changes in interest rates to which the Company is exposed. Realized gains and losses in connection with each required interest payment are reclassified from accumulated other comprehensive income or loss to interest expense. The Company does not hold or issue derivative financial instruments for trading purposes. The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three and nine months ended March 31, 2022 and 2021 is as follows (in thousands): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Gain (loss) recognized in other comprehensive income $ 14,761 $ 2,945 $ 15,947 $ 757 Amounts reclassified to earnings from accumulated other comprehensive loss 2,600 3,522 9,052 10,606 Net current period other comprehensive income $ 17,361 $ 6,467 $ 24,999 $ 11,363

Legal Proceedings and Other Com

Legal Proceedings and Other Commitments and Contingencies	9 Months Ended
	Mar. 31, 2022
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings and Other Commitments and Contingencies	Note 1 1 . Legal Proceedings and Other Commitments and Contingencies Legal Proceedings The Company is involved in various claims, lawsuits, and administrative proceedings arising in the normal course of business, none of which, based on current information, are expected to have a material adverse effect on the Company’s financial position, results of operations or cash flows. Government Contracting Payments to the Company on cost-plus-fee and T&M contracts are subject to adjustment upon audit by the Defense Contract Audit Agency (DCAA) and other government agencies that do not utilize DCAA’s services. The DCAA has completed audits of the Company’s annual incurred cost proposals through fiscal year 2020. The Company is still negotiating the results of prior years’ audits with the respective cognizant contracting officers and believe its reserves for such are adequate. Adjustments that may result from these audits and the audits not yet started are not expected to have a material effect on the Company’s financial position, results of operations, or cash flows and the Company has accrued its best estimate of potential disallowances. Additionally, the DCAA continually reviews the cost accounting and other practices of government contractors, including the Company. In the course of those reviews, cost accounting and other issues may be identified, discussed and settled.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Note 1 2 . Earnings Per Share Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Net income $ 95,417 $ 120,344 $ 273,825 $ 320,466 Weighted-average number of basic shares outstanding during the period 23,409 24,935 23,457 25,026 Dilutive effect of RSUs after application of treasury stock method 207 231 230 281 Weighted-average number of diluted shares outstanding during the period 23,616 25,166 23,687 25,307 Basic earnings per share $ 4.08 $ 4.83 $ 11.67 $ 12.81 Diluted earnings per share $ 4.04 $ 4.78 $ 11.56 $ 12.66

Income Taxes

Income Taxes	9 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 1 3 . Income Taxes The Company is subject to income taxes in the U.S. and various state and foreign jurisdictions. Tax statutes and regulations within each jurisdiction are subject to interpretation and require the application of significant judgment. The Company is currently under examination by the Internal Revenue Service for fiscal years 2017 through 2021. The Company does not expect the resolution of these examinations to have a material impact on its results of operations, financial condition or cash flows. The Company’s total liability for unrecognized tax benefits as of March 31, 2022 and June 30, 2021 was $46.0 million and $31.5 million, respectively. During the quarter, the Company recognized an increase in the liability for unrecognized tax benefits related to an increase in research and development tax credits. The $46.0 million unrecognized tax benefit at March 31, 2022, if recognized, would positively impact the Company’s effective tax rate. The Company’s effective income tax rate was 17.9 percent and 20.9 percent for the three and nine months ended March 31, 2022, respectively, and 15.5 percent and 19.8 percent for the three and nine months ended March 31, 2021, respectively. Increases in the effective income tax rate were primarily due to the fact that comparative periods include additional research and development credits for prior year tax filings. On January 1, 2022, a provision of the Tax Cuts and Jobs Act of 2017 went into effect which eliminates the option to deduct domestic research and development costs in the year incurred and instead requires taxpayers to amortize such costs over five years. The House Ways and Means Committee has proposed tax legislation to delay the effective date of this change to 2026, but it is uncertain whether the proposed delay will ultimately be enacted into law. If no new legislation is passed, the provision would go into effect for the Company’s fiscal year 2023 and is expected to decrease cash flows from operations and increase net deferred tax assets by a similar amount. The Company is currently evaluating the potential impact on cash flows from operations.

Business Segment Information

Business Segment Information	9 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Business Segment Information	Note 1 4 . Business Segment Information The Company reports operating results and financial data in two segments: domestic operations and international operations. Domestic operations provide Expertise and Technology primarily to U.S. federal government agencies. International operations provide Expertise and Technology primarily to international government and commercial customers. The Company evaluates the performance of its operating segments based on net income. Summarized financial information for the Company’s reportable segments is as follows (in thousands): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Revenues: Domestic $ 1,532,880 $ 1,505,037 $ 4,414,852 $ 4,350,284 International 51,100 46,881 145,804 129,851 Total revenues $ 1,583,980 $ 1,551,918 $ 4,560,656 $ 4,480,135 Net income: Domestic $ 87,543 $ 113,536 $ 252,647 $ 301,594 International 7,874 6,808 21,178 18,872 Total net income $ 95,417 $ 120,344 $ 273,825 $ 320,466

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 1 5 . Fair Value of Financial Instruments ASC 820, Fair Value Measurements and Disclosures The Company’s financial assets and liabilities recorded at fair value on a recurring basis are categorized based on the priority of the inputs used to measure fair value. The inputs used in measuring fair value are categorized into three levels, as follows: • Level 1 Inputs – unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2 Inputs – unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. • Level 3 Inputs – amounts derived from valuation models in which unobservable inputs reflect the reporting entity’s own assumptions about the assumptions of market participants that would be used in pricing the asset or liability. The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2022 and June 30, 2021, and the level they fall within the fair value hierarchy (in thousands): March 31, June 30, Financial Statement Fair Value 2022 2021 Description of Financial Instrument Classification Hierarchy Fair Value Interest rate swap agreements Other long-term assets Level 2 $ 9,112 $ — Interest rate swap agreements Other accrued expenses and current liabilities Level 2 $ 390 $ 1,028 Interest rate swap agreements Other long-term liabilities Level 2 $ 671 $ 24,838 Changes in the fair value of the interest rate swap agreements are recorded as a component of accumulated other comprehensive income or loss.

Accelerated Share Repurchase

Accelerated Share Repurchase	9 Months Ended
	Mar. 31, 2022
Disclosure Of Repurchase Agreements [Abstract]
Accelerated Share Repurchase	Note 1 6 . Accelerated Share Repurchase On March 12, 2021, the Company entered into an accelerated share repurchase agreement (ASR Agreement) with JPMorgan Chase Bank, National Association (JPMorgan). Under the ASR Agreement, the Company paid $500.0 million to JPMorgan and received an initial delivery of 1.7 million shares of common stock which became treasury shares. During the nine months ended March 31, 2022, the ASR Agreement was completed and an additional 0.3 million shares of common stock were received which became treasury shares. In total, 2.0 million shares were repurchased at an average price per share of $253.47.

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Mar. 31, 2022
Finite Lived Intangible Assets Net [Abstract]
Schedule of Intangible Assets	Intangible assets, net including those allocated on a preliminary basis, consisted of the following (in thousands): March 31, June 30, 2022 (1) 2021 Intangible assets: Customer contracts and related customer relationships $ 658,475 $ 601,516 Acquired technologies 280,358 198,273 Intangible assets 938,833 799,789 Less accumulated amortization: Customer contracts and related customer relationships (266,260 ) (276,498 ) Acquired technologies (71,109 ) (47,185 ) Less accumulated amortization (337,369 ) (323,683 ) Total intangible assets, net $ 601,464 $ 476,106 (1) During the nine months ended March 31, 2022, the Company removed $40.9 million in fully amortized intangible assets.
Schedule of Estimated Annual Amortization Expense	Amortization expense was $19.3 million and $54.9 million for the three and nine months ended March 31, 2022, respectively, and $17.0 million and $50.6 million for the three and nine months ended March 31, 2021, respectively. The estimated annual amortization expense as of March 31, 2022 was as follows (in thousands): Fiscal year ending June 30, Amount 2022 (remainder of year) $ 19,209 2023 75,506 2024 72,035 2025 67,872 2026 60,242 2027 and thereafter 306,600 $ 601,464

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Roll Forward of Goodwill	The changes in the carrying amount of goodwill for the nine months ended March 31, 2022 are as follows (in thousands): Domestic International Total Balance at June 30, 2021 $ 3,491,747 $ 140,831 $ 3,632,578 Goodwill acquired (1) 444,648 — 444,648 Foreign currency translation (41 ) (7,231 ) (7,272 ) Balance at March 31, 2022 $ 3,936,354 $ 133,600 $ 4,069,954 (1) Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable.

Revenues from Contracts with _2

Revenues from Contracts with Customers (Tables)	9 Months Ended
	Mar. 31, 2022
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregated Revenues	Disaggregated revenues by contract type were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Cost-plus-fee $ 889,624 $ — $ 889,624 $ 2,672,695 $ — $ 2,672,695 Fixed-price 468,116 35,058 503,174 1,242,601 101,568 1,344,169 Time-and-materials 175,140 16,042 191,182 499,556 44,236 543,792 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Cost-plus-fee $ 905,774 $ — $ 905,774 $ 2,572,967 $ — $ 2,572,967 Fixed-price 424,580 32,519 457,099 1,245,278 86,456 1,331,734 Time-and-materials 174,683 14,362 189,045 532,039 43,395 575,434 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by customer type were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Department of Defense $ 1,118,665 $ — $ 1,118,665 $ 3,155,806 $ — $ 3,155,806 Federal Civilian agencies 380,837 — 380,837 1,166,398 — 1,166,398 Commercial and other 33,378 51,100 84,478 92,648 145,804 238,452 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Department of Defense $ 1,074,056 $ — $ 1,074,056 $ 3,091,126 $ — $ 3,091,126 Federal Civilian agencies 405,855 — 405,855 1,186,068 — 1,186,068 Commercial and other 25,126 46,881 72,007 73,090 129,851 202,941 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by prime vs. subcontractor were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Prime contractor $ 1,373,045 $ 46,760 $ 1,419,805 $ 3,964,227 $ 132,983 $ 4,097,210 Subcontractor 159,835 4,340 164,175 450,625 12,821 463,446 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Prime contractor $ 1,358,423 $ 43,210 $ 1,401,633 $ 3,935,661 $ 119,835 $ 4,055,496 Subcontractor 146,614 3,671 150,285 414,623 10,016 424,639 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135 Disaggregated revenues by expertise or technology were as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2022 March 31, 2022 Domestic International Total Domestic International Total Expertise $ 697,347 $ 18,852 $ 716,199 $ 2,049,180 $ 56,374 $ 2,105,554 Technology 835,533 32,248 867,781 2,365,672 89,430 2,455,102 Total $ 1,532,880 $ 51,100 $ 1,583,980 $ 4,414,852 $ 145,804 $ 4,560,656 Three Months Ended Nine Months Ended March 31, 2021 March 31, 2021 Domestic International Total Domestic International Total Expertise $ 745,440 $ 18,979 $ 764,419 $ 2,184,449 $ 52,929 $ 2,237,378 Technology 759,597 27,902 787,499 2,165,835 76,922 2,242,757 Total $ 1,505,037 $ 46,881 $ 1,551,918 $ 4,350,284 $ 129,851 $ 4,480,135

Contract Balances (Tables)

Contract Balances (Tables)	9 Months Ended
	Mar. 31, 2022
Revenue From Contract With Customer [Abstract]
Contract Assets and Liabilities	Contract balances consisted of the following (in thousands): March 31, June 30, Description of Contract Related Balance Financial Statement Classification 2022 2021 Billed and billable receivables Accounts receivable, net $ 720,032 $ 763,921 Contract assets – current unbilled receivables Accounts receivable, net 137,149 115,930 Contract assets – current costs to obtain Prepaid expenses and other current assets 4,907 4,144 Contract assets – noncurrent unbilled receivables Accounts receivable, long-term 11,134 12,159 Contract assets – noncurrent costs to obtain Other long-term assets 10,925 9,584 Contract liabilities – current deferred revenue and other contract liabilities Other accrued expenses and current liabilities (104,730 ) (70,907 ) Contract liabilities – noncurrent deferred revenue and other contract liabilities Other long-term liabilities (7,906 ) (6,837 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): March 31, June 30, 2022 2021 Materials, purchased parts and supplies $ 55,050 $ 52,615 Work in process 16,307 11,353 Finished goods 26,324 15,728 Total $ 97,681 $ 79,696

Sales of Receivables (Tables)

Sales of Receivables (Tables)	9 Months Ended
	Mar. 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 Nine Months Ended March 31, 2022 2021 Beginning balance: $ 182,027 $ 200,000 Sales of receivables 2,041,215 2,048,585 Cash collections (2,065,575 ) (2,058,725 ) Outstanding balance sold to Purchaser: (1) 157,667 189,860 Cash collected, not remitted to Purchaser (2) (17,491 ) (76,388 ) Remaining sold receivables $ 140,176 $ 113,472 (1) For the nine months ended March 31, 2022 and 2021, the Company recorded a net cash outflow of $24.4 million and a net cash outflow of $10.1 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 the Purchaser as of March 31, 2022 and 2021. This balance is included in other accrued expenses and current liabilities as of the balance sheet date.

Long-term Debt (Tables)

Long-term Debt (Tables)	9 Months Ended
	Mar. 31, 2022
Long Term Debt [Abstract]
Schedule of Long-term Debt	Long-term debt consisted of the following (in thousands): March 31, June 30, 2022 2021 Bank credit facility – term loans $ 1,217,344 $ 797,635 Bank credit facility – revolver loans 647,000 945,000 Principal amount of long-term debt 1,864,344 1,742,635 Less unamortized discounts and debt issuance costs (10,479 ) (6,796 ) Total long-term debt 1,853,865 1,735,839 Less current portion (30,625 ) (46,920 ) Long-term debt, net of current portion $ 1,823,240 $ 1,688,919
Aggregate Maturities of Long-term Debt	The aggregate maturities of long-term debt at March 31, 2022 were as follows (in thousands): Twelve months ending March 31, 2023 $ 30,625 2024 38,281 2025 61,250 2026 61,250 2027 1,672,938 Principal amount of long-term debt 1,864,344 Less unamortized discounts and debt issuance costs (10,479 ) Total long-term debt $ 1,853,865
Cash Flow Hedges	The effect of derivative instruments in the consolidated statements of operations and accumulated other comprehensive loss for the three and nine months ended March 31, 2022 and 2021 is as follows (in thousands): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Gain (loss) recognized in other comprehensive income $ 14,761 $ 2,945 $ 15,947 $ 757 Amounts reclassified to earnings from accumulated other comprehensive loss 2,600 3,522 9,052 10,606 Net current period other comprehensive income $ 17,361 $ 6,467 $ 24,999 $ 11,363

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Calculation of basic and diluted earnings per share	Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Net income $ 95,417 $ 120,344 $ 273,825 $ 320,466 Weighted-average number of basic shares outstanding during the period 23,409 24,935 23,457 25,026 Dilutive effect of RSUs after application of treasury stock method 207 231 230 281 Weighted-average number of diluted shares outstanding during the period 23,616 25,166 23,687 25,307 Basic earnings per share $ 4.08 $ 4.83 $ 11.67 $ 12.81 Diluted earnings per share $ 4.04 $ 4.78 $ 11.56 $ 12.66

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Summarized Financial Information of Reportable Segments	Summarized financial information for the Company’s reportable segments is as follows (in thousands): Three Months Ended Nine Months Ended March 31, March 31, 2022 2021 2022 2021 Revenues: Domestic $ 1,532,880 $ 1,505,037 $ 4,414,852 $ 4,350,284 International 51,100 46,881 145,804 129,851 Total revenues $ 1,583,980 $ 1,551,918 $ 4,560,656 $ 4,480,135 Net income: Domestic $ 87,543 $ 113,536 $ 252,647 $ 301,594 International 7,874 6,808 21,178 18,872 Total net income $ 95,417 $ 120,344 $ 273,825 $ 320,466

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements	The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2022 and June 30, 2021, and the level they fall within the fair value hierarchy (in thousands): March 31, June 30, Financial Statement Fair Value 2022 2021 Description of Financial Instrument Classification Hierarchy Fair Value Interest rate swap agreements Other long-term assets Level 2 $ 9,112 $ — Interest rate swap agreements Other accrued expenses and current liabilities Level 2 $ 390 $ 1,028 Interest rate swap agreements Other long-term liabilities Level 2 $ 671 $ 24,838

Acquisitions (Detail Textual)

Acquisitions (Detail Textual) $ in Thousands	9 Months Ended
	Mar. 31, 2022USD ($)Acquisition	Jun. 30, 2021USD ($)
Business Acquisition [Line Items]
Goodwill	$ 4,069,954	$ 3,632,578
Customer contracts and related customer relationships
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	18 years
Technology
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Other Acquisitions
Business Acquisition [Line Items]
Purchase consideration	$ 609,700
Number of acquisitions | Acquisition	4
Goodwill	$ 444,600
Identifiable intangible assets	180,600
Amount of tax deductible goodwill and intangibles	492,400
Other Acquisitions | Customer contracts and related customer relationships
Business Acquisition [Line Items]
Identifiable intangible assets	$ 98,400
Other Acquisitions | Customer contracts and related customer relationships | Minimum
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years
Other Acquisitions | Customer contracts and related customer relationships | Maximum
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	20 years
Other Acquisitions | Technology
Business Acquisition [Line Items]
Identifiable intangible assets	$ 82,200
Other Acquisitions | Technology | Minimum
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Other Acquisitions | Technology | Maximum
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	[1]	Jun. 30, 2021
Finite Lived Intangible Assets [Line Items]
Intangible assets	$ 938,833		$ 799,789
Less accumulated amortization	(337,369)		(323,683)
Total intangible assets, net	601,464		476,106
Customer contracts and related customer relationships
Finite Lived Intangible Assets [Line Items]
Intangible assets	658,475		601,516
Less accumulated amortization	(266,260)		(276,498)
Acquired technologies
Finite Lived Intangible Assets [Line Items]
Intangible assets	280,358		198,273
Less accumulated amortization	$ (71,109)		$ (47,185)
[1]	During the nine months ended March 31, 2022, the Company removed $40.9 million in fully amortized intangible assets.

Intangible Assets - Schedule _2

Intangible Assets - Schedule of Intangible Assets Net (Parenthetical) (Detail) $ in Millions	9 Months Ended
	Mar. 31, 2022USD ($)
Finite Lived Intangible Assets Net [Abstract]
Removal of fully amortized intangible assets	$ 40.9

Intangible Assets (Detail Textu

Intangible Assets (Detail Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 19.3	$ 17	$ 54.9	$ 50.6
Minimum
Finite Lived Intangible Assets [Line Items]
Intangible asset amortization period			1 year
Maximum
Finite Lived Intangible Assets [Line Items]
Intangible asset amortization period			20 years
Customer contracts and related customer relationships
Finite Lived Intangible Assets [Line Items]
Weighted-average amortization period			18 years
Weighted-average remaining amortization period			15 years
Acquired technologies
Finite Lived Intangible Assets [Line Items]
Weighted-average amortization period			10 years
Weighted-average remaining amortization period			9 years

Intangible Assets - Schedule _3

Intangible Assets - Schedule of Estimated Annual Amortization Expense (Detail) - USD ($) $ in Thousands	Mar. 31, 2022		Jun. 30, 2021
Finite Lived Intangible Assets Net [Abstract]
2022 (remainder of year)	$ 19,209
2023	75,506
2024	72,035
2025	67,872
2026	60,242
2027 and thereafter	306,600
Total intangible assets, net	$ 601,464	[1]	$ 476,106
[1]	During the nine months ended March 31, 2022, the Company removed $40.9 million in fully amortized intangible assets.

Goodwill - Roll Forward of Good

Goodwill - Roll Forward of Goodwill (Detail) $ in Thousands	9 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Roll Forward]
Balance	$ 3,632,578
Goodwill acquired	444,648	[1]
Foreign currency translation	(7,272)
Balance	4,069,954
Domestic
Goodwill [Roll Forward]
Balance	3,491,747
Goodwill acquired	444,648	[1]
Foreign currency translation	(41)
Balance	3,936,354
International
Goodwill [Roll Forward]
Balance	140,831
Foreign currency translation	(7,231)
Balance	$ 133,600
[1]	Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable.

Revenues from Contracts with _3

Revenues from Contracts with Customers - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Disaggregation Of Revenue [Line Items]
Revenues	$ 1,583,980	$ 1,551,918	$ 4,560,656	$ 4,480,135
Expertise
Disaggregation Of Revenue [Line Items]
Revenues	716,199	764,419	2,105,554	2,237,378
Technology
Disaggregation Of Revenue [Line Items]
Revenues	867,781	787,499	2,455,102	2,242,757
Prime contractor
Disaggregation Of Revenue [Line Items]
Revenues	1,419,805	1,401,633	4,097,210	4,055,496
Subcontractor
Disaggregation Of Revenue [Line Items]
Revenues	164,175	150,285	463,446	424,639
Department of Defense
Disaggregation Of Revenue [Line Items]
Revenues	1,118,665	1,074,056	3,155,806	3,091,126
Federal civilian agencies
Disaggregation Of Revenue [Line Items]
Revenues	380,837	405,855	1,166,398	1,186,068
Commercial and other
Disaggregation Of Revenue [Line Items]
Revenues	84,478	72,007	238,452	202,941
Cost-plus-fee
Disaggregation Of Revenue [Line Items]
Revenues	889,624	905,774	2,672,695	2,572,967
Fixed-price
Disaggregation Of Revenue [Line Items]
Revenues	503,174	457,099	1,344,169	1,331,734
Time and materials
Disaggregation Of Revenue [Line Items]
Revenues	191,182	189,045	543,792	575,434
Domestic
Disaggregation Of Revenue [Line Items]
Revenues	1,532,880	1,505,037	4,414,852	4,350,284
Domestic | Expertise
Disaggregation Of Revenue [Line Items]
Revenues	697,347	745,440	2,049,180	2,184,449
Domestic | Technology
Disaggregation Of Revenue [Line Items]
Revenues	835,533	759,597	2,365,672	2,165,835
Domestic | Prime contractor
Disaggregation Of Revenue [Line Items]
Revenues	1,373,045	1,358,423	3,964,227	3,935,661
Domestic | Subcontractor
Disaggregation Of Revenue [Line Items]
Revenues	159,835	146,614	450,625	414,623
Domestic | Department of Defense
Disaggregation Of Revenue [Line Items]
Revenues	1,118,665	1,074,056	3,155,806	3,091,126
Domestic | Federal civilian agencies
Disaggregation Of Revenue [Line Items]
Revenues	380,837	405,855	1,166,398	1,186,068
Domestic | Commercial and other
Disaggregation Of Revenue [Line Items]
Revenues	33,378	25,126	92,648	73,090
Domestic | Cost-plus-fee
Disaggregation Of Revenue [Line Items]
Revenues	889,624	905,774	2,672,695	2,572,967
Domestic | Fixed-price
Disaggregation Of Revenue [Line Items]
Revenues	468,116	424,580	1,242,601	1,245,278
Domestic | Time and materials
Disaggregation Of Revenue [Line Items]
Revenues	175,140	174,683	499,556	532,039
International
Disaggregation Of Revenue [Line Items]
Revenues	51,100	46,881	145,804	129,851
International | Expertise
Disaggregation Of Revenue [Line Items]
Revenues	18,852	18,979	56,374	52,929
International | Technology
Disaggregation Of Revenue [Line Items]
Revenues	32,248	27,902	89,430	76,922
International | Prime contractor
Disaggregation Of Revenue [Line Items]
Revenues	46,760	43,210	132,983	119,835
International | Subcontractor
Disaggregation Of Revenue [Line Items]
Revenues	4,340	3,671	12,821	10,016
International | Commercial and other
Disaggregation Of Revenue [Line Items]
Revenues	51,100	46,881	145,804	129,851
International | Fixed-price
Disaggregation Of Revenue [Line Items]
Revenues	35,058	32,519	101,568	86,456
International | Time and materials
Disaggregation Of Revenue [Line Items]
Revenues	$ 16,042	$ 14,362	$ 44,236	$ 43,395

Revenues from Contracts with _4

Revenues from Contracts with Customers (Detail Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Change In Accounting Estimate [Line Items]
Income before income taxes	$ 116,272	$ 142,484	$ 346,001	$ 399,380
Diluted earnings per share	$ 4.04	$ 4.78	$ 11.56	$ 12.66
EAC Adjustments
Change In Accounting Estimate [Line Items]
Income before income taxes	$ 13,000	$ 10,700	$ 21,200	$ 36,600
Diluted earnings per share	$ 0.40	$ 0.31	$ 0.66	$ 1.06
Revenue from previously satisfied performance obligations		$ 700		$ 2,300

Revenues from Contracts with _5

Revenues from Contracts with Customers - Remaining Performance Obligations (Detail) $ in Billions	Mar. 31, 2022USD ($)
Revenue From Contract With Customer [Abstract]
Remaining performance obligations	$ 6.8

Revenues from Contracts with _6

Revenues from Contracts with Customers - Remaining Performance Obligations (Detail 1)	Mar. 31, 2022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-04-01
Remaining Performance Obligations [Line Items]
Remaining performance obligations, expected satisfaction, percentage	90.00%
Remaining performance obligations, expected timing of satisfaction	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-04-01
Remaining Performance Obligations [Line Items]
Remaining performance obligations, expected satisfaction, percentage	10.00%
Remaining performance obligations, expected timing of satisfaction

Contract Balances - Contract As

Contract Balances - Contract Assets and Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Contract with Customer, Asset and Liability [Abstract]
Billed and billable receivables	$ 720,032	$ 763,921
Contract assets – current unbilled receivables	137,149	115,930
Contract assets – current costs to obtain	4,907	4,144
Contract assets – noncurrent unbilled receivables	11,134	12,159
Contract assets – noncurrent costs to obtain	10,925	9,584
Contract liabilities – current deferred revenue and other contract liabilities	(104,730)	(70,907)
Contract liabilities – noncurrent deferred revenue and other contract liabilities	$ (7,906)	$ (6,837)

Contract Balances (Detail Textu

Contract Balances (Detail Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Revenue From Contract With Customer [Abstract]
Liability, revenue recognized	$ 4.1	$ 4.2	$ 72.4	$ 57.1

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Inventory Disclosure [Abstract]
Materials, purchased parts and supplies	$ 55,050	$ 52,615
Work in process	16,307	11,353
Finished goods	26,324	15,728
Total	$ 97,681	$ 79,696

Sales of Receivables (Detail Te

Sales of Receivables (Detail Textual) $ in Millions	Dec. 23, 2021USD ($)
MARPA
MARPA maturity date	Dec. 22, 2022
MARPA maximum commitment	$ 200

Sales of Receivables - Summary

Sales of Receivables - Summary of MARPA Activity (Detail) - USD ($) $ in Thousands		Mar. 31, 2022		Jun. 30, 2021	Mar. 31, 2021		Jun. 30, 2020
Transfers And Servicing Of Financial Assets [Abstract]
Outstanding balance sold to Purchaser		$ 157,667	[1]	$ 182,027	$ 189,860	[1]	$ 200,000
Sales of receivables		2,041,215			2,048,585
Cash collections		(2,065,575)			(2,058,725)
Cash collected, not remitted to Purchaser	[2]	(17,491)			(76,388)
Remaining sold receivables		$ 140,176			$ 113,472
[1]	For the nine months ended March 31, 2022 and 2021, the Company recorded a net cash outflow of $24.4 million and a net cash outflow of $10.1 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 the Purchaser as of March 31, 2022 and 2021.  This balance is included in other accrued expenses and current liabilities as of the balance sheet date.

Sales of Receivables - Summar_2

Sales of Receivables - Summary of MARPA Activity (Parentheticals) (Detail) - USD ($) $ in Millions	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Transfers And Servicing Of Financial Assets [Abstract]
Cash provided (used) by MARPA	$ (24.4)	$ (10.1)

Long-term Debt - Schedule of Lo

Long-term Debt - Schedule of Long-term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 1,864,344	$ 1,742,635
Less unamortized discounts and debt issuance costs	(10,479)	(6,796)
Total long-term debt	1,853,865	1,735,839
Less current portion	(30,625)	(46,920)
Long-term debt, net of current portion	1,823,240	1,688,919
Bank credit facility - term loans
Debt Instrument [Line Items]
Principal amount of long-term debt	1,217,344	797,635
Bank credit facility - revolver loans
Debt Instrument [Line Items]
Principal amount of long-term debt	$ 647,000	$ 945,000

Long-term Debt (Detail Textual)

Long-term Debt (Detail Textual) - USD ($)	9 Months Ended
	Mar. 31, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Outstanding amount under Credit Facility	$ 1,864,344,000	$ 1,742,635,000
Interest Rate Swap | Cash Flow Hedging
Debt Instrument [Line Items]
Aggregate notional amount	800,000,000
Bank Credit Facility
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 3,200,000,000
Outstanding borrowings interest rate	2.09%
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 1,975,000,000
Outstanding amount under Credit Facility	647,000,000	945,000,000
Term loans
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	1,225,000,000
Outstanding amount under Credit Facility	$ 1,217,344,000	$ 797,635,000
Term loan period	5 years
Loan maturity date	Dec. 13, 2026
Term loan frequency of payment	quarterly
Term loan principal payment	$ 7,700,000
Term loans | Principal Payment After December 31, 2023
Debt Instrument [Line Items]
Term loan principal payment	15,300,000
Same-Day Swing Line Loan Revolving Credit Sub-Facility
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	100,000,000
Outstanding amount under Credit Facility	0
Stand-By Letters Of Credit Revolving Credit Sub-Facility
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 25,000,000

Long-term Debt - Aggregate Matu

Long-term Debt - Aggregate Maturities of Long-Term Debt (Detail 2) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Long Term Debt [Abstract]
2023	$ 30,625
2024	38,281
2025	61,250
2026	61,250
2027	1,672,938
Principal amount of long-term debt	1,864,344	$ 1,742,635
Less unamortized discounts and debt issuance costs	(10,479)	(6,796)
Total long-term debt	$ 1,853,865	$ 1,735,839

Long-term Debt - Cash Flow Hedg

Long-term Debt - Cash Flow Hedges (Detail 3) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Long Term Debt [Abstract]
Gain (loss) recognized in other comprehensive income	$ 14,761	$ 2,945	$ 15,947	$ 757
Amounts reclassified to earnings from accumulated other comprehensive loss	2,600	3,522	9,052	10,606
Net current period other comprehensive income	$ 17,361	$ 6,467	$ 24,999	$ 11,363

Earnings Per Share - Calculatio

Earnings Per Share - Calculation of Basic and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income	$ 95,417	$ 120,344	$ 273,825	$ 320,466
Weighted-average basic shares outstanding	23,409	24,935	23,457	25,026
Dilutive effect of RSUs after application of treasury stock method	207	231	230	281
Weighted-average number of diluted shares outstanding during the period	23,616	25,166	23,687	25,307
Basic earnings per share	$ 4.08	$ 4.83	$ 11.67	$ 12.81
Diluted earnings per share	$ 4.04	$ 4.78	$ 11.56	$ 12.66

Income Taxes (Detail Textual)

Income Taxes (Detail Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Liability for unrecognized tax benefits	$ 46		$ 46		$ 31.5
Unrecognized tax benefit that would impact the company's effective tax rate	$ 46		$ 46
Effective income tax rate	17.90%	15.50%	20.90%	19.80%

Business Segment Information (D

Business Segment Information (Detail Textual)	9 Months Ended
	Mar. 31, 2022Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Business Segment Information -

Business Segment Information - Summarized Financial Information of Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 1,583,980	$ 1,551,918	$ 4,560,656	$ 4,480,135
Net income	95,417	120,344	273,825	320,466
Domestic
Segment Reporting Information [Line Items]
Revenues	1,532,880	1,505,037	4,414,852	4,350,284
Net income	87,543	113,536	252,647	301,594
International
Segment Reporting Information [Line Items]
Revenues	51,100	46,881	145,804	129,851
Net income	$ 7,874	$ 6,808	$ 21,178	$ 18,872

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Recurring Fair Value Measurements (Detail) - Fair Value, Measurements, Recurring - Level 2 - Interest Rate Swap - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Other long-term assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap agreements	$ 9,112
Other accrued expenses and current liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap agreements	390	$ 1,028
Other long-term liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap agreements	$ 671	$ 24,838

Accelerated Share Repurchase (D

Accelerated Share Repurchase (Detail Textual) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	Mar. 12, 2021	Mar. 31, 2022	Mar. 31, 2021
Accelerated Share Repurchases [Line Items]
Payment for repurchase of common stock		$ 7,301	$ 506,629
Accelerated Share Repurchase
Accelerated Share Repurchases [Line Items]
Payment for repurchase of common stock	$ 500,000
Shares repurchased	1.7	0.3
Total shares repurchased		2
Shares repurchased, average price per share		$ 253.47