XML 27 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Assets
3 Months Ended
Sep. 30, 2018
Other Assets, Noncurrent Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
 
As of September 30, 2018
 
As of June 30, 2018
Deposits and restricted cash
$
13,775

 
$
9,479

Deferred implementation costs

 
13,740

Capitalized costs to obtain a contract
26,987

 
13,027

Investments
47,109

 
49,635

Long-term prepaid expenses and other long-term assets
28,665

 
25,386

Total
$
116,536

 
$
111,267


Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.
Deferred implementation costs relate to direct and relevant costs on implementation of long-term contracts, to the extent such costs can be recovered through guaranteed contract revenues. As a result of the adoption of Topic 606, deferred implementation costs are no longer capitalized, but rather expensed as incurred as these costs do not relate to future performance obligations.
Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered.
Investments relate to certain non-marketable equity securities in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net
income or losses based on our interest in these investments is recorded as a component of other income (expense), net in our Condensed Consolidated Statements of Income. During the three months ended September 30, 2018, our share of income (loss) from these investments was $2.4 million (three months ended September 30, 2017$(0.5) million).
Long-term prepaid expenses and other long-term assets includes advance payments on long-term licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.