Other Assets

9 Months Ended

Mar. 31, 2019

Other Assets, Noncurrent Disclosure [Abstract]



	As of March 31, 2019		As of June 30, 2018
Deposits and restricted cash	$	15,690	$	9,479
Deferred implementation costs	—		13,740
Capitalized costs to obtain a contract	34,449		13,027
Investments	56,109		49,635
Long-term prepaid expenses and other long-term assets	28,911		25,386
Total	$	135,159	$	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. Accordingly, these costs were adjusted through opening retained earnings as of July 1, 2018.

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 and nine months ended March 31, 2019, our share of income (loss) from these investments was $2.8 million and $10.7 million, respectively (three and nine months ended March 31, 2018 —$(0.3) million and $(0.5) million, respectively).

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.