PREPAID EXPENSES AND OTHER ASSETS

12 Months Ended

Jun. 30, 2021

Prepaid expenses and other current assets:


	As of June 30, 2021		As of June 30, 2020
Deposits and restricted cash	$	3,027	$	7,464
Capitalized costs to obtain a contract	22,601		18,134
Short-term prepaid expenses and other current assets	72,923		110,838
Total	$	98,551	$	136,436

Other assets:


	As of June 30, 2021		As of June 30, 2020
Deposits and restricted cash	$	11,577	$	11,612
Capitalized costs to obtain a contract	50,299		43,029
Investments	121,777		76,002
Long-term prepaid expenses and other long-term assets	25,241		23,824
Total	$	208,894	$	154,467

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.

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 (see note 3 "Revenues").

Investments relate to certain investment funds 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, which approximates fair value, is recorded as a component of Other income (expense), net in our Consolidated Statements of Income (see note 23 "Other Income (Expense), Net"). During the year ended June 30, 2021, our share of income (loss) from these investments was $62.9 million (year ended June 30, 2020 and 2019 — $8.7 million and $13.7 million, respectively).

Prepaid expenses and other assets, both short-term and long-term, include advance payments on licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.