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Investments (Tables)
3 Months Ended
Sep. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investments
Equity investments by measurement category were as follows (in thousands):
Measurement categorySeptember 30,
2025
June 30,
2025
Fair value$8,018 $13,080 
Measurement alternative64,527 63,642 
Equity method77,599 76,178 
Total$150,144 $152,900 
Schedule of Changes in Equity Investments
The following tables show a reconciliation of the changes in our equity investments (in thousands):
 Three Months Ended September 30, 2025
 Non-marketable securitiesMarketable securitiesEquity method investmentsTotal
Balance at the beginning of the period$63,642 $13,080 $76,178 $152,900 
Additions to investments2,017 — 156 2,173 
Impairment of investments(1,128)— — (1,128)
Unrealized gains (losses) on marketable equity securities— (5,062)— (5,062)
Gain attributable to equity method investments
— — 1,489 1,489 
Foreign currency translation adjustments(4)— (224)(228)
Carrying value at the end of the period$64,527 $8,018 $77,599 $150,144 
Three Months Ended September 30, 2024
Non-marketable securitiesMarketable securitiesEquity method investmentsTotal
Balance at the beginning of the period$73,739 $12,026 $65,462 $151,227 
Additions to investments
1,000 — 350 1,350 
Realized gains on marketable and non-marketable equity securities389 — — 389 
Proceeds from exits of investments
(4,128)— — (4,128)
Impairment of investments
(5,259)— — (5,259)
Unrealized gains (losses) on marketable equity securities
— 4,190 — 4,190 
Gain attributable to equity method investments
— — 963 963 
Foreign currency translation adjustments
43 — 2,512 2,555 
Carrying value at the end of the period$65,784 $16,216 $69,287 $151,287