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LEASES (Tables)

6 Months Ended

Dec. 31, 2020

Leases [Abstract]

Lease Costs and Other Information

The following illustrates the various components of operating lease costs for the period indicated:

			Three Months Ended December 31,												Six Months Ended December 31,
			2020						2019						2020						2019
Operating lease cost			$	15,720					$	15,955					$	31,262					$	32,102
Short-term lease cost			239						190						502						288
Variable lease cost			607						764						1,300						1,507
Sublease income			(1,576)						(1,583)						(3,193)						(3,137)
Total lease cost			$	14,990					$	15,326					$	29,871					$	30,760

The weighted average remaining lease term and discount rate for the periods indicated below were as follows:

			As of December 31, 2020						As of June 30, 2020
Weighted-average remaining lease term			6.39 years						6.18 years
Weighted-average discount rate			2.85		%				3.12		%

The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payment made for variable lease cost and short-term lease are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:

			Six Months Ended December 31,
			2020						2019
Cash paid for amounts included in the measurement of operating lease liabilities			$	38,725					$	36,070
Right of use assets obtained in exchange for new operating lease liabilities (1) (2)			$	52,541					$	11,835

(1) Excludes the impact of $60.1 million of ROU assets acquired through the acquisition of Carbonite, Inc. (Carbonite) during the six months ended December 31, 2019.

(2) Excludes the release of $19.1 million of lease liabilities during the six months ended December 31, 2020 relating to office space that was abandoned during the fourth quarter of Fiscal 2020 and has since been early terminated or assigned to a third party. These recoveries have been recorded in "Special charges (recoveries)" in the Condensed Consolidated Statements of Income (Loss). Please see note 18 "Special Charges (Recoveries)".

Maturity of Lease Liabilities

The following table presents the future minimum lease payments under our operating leases liabilities as of December 31, 2020:

Fiscal years ending June 30,
2021 (six months ended)			$	34,501
2022			63,954
2023			53,078
2024			41,195
2025			30,109
Thereafter			90,379
Total Lease payments			$	313,216
Less: Imputed interest			(26,077)
Total			$	287,139
Reported as:
Current operating lease liabilities			$	59,874
Non-current operating lease liabilities			227,265
Total			$	287,139

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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