XML 49 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
REVENUES (Tables)
 6 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following tables disaggregate our revenue by significant geographic area, based on the location of our direct end customer, by type of performance obligation and timing of revenue recognition for the periods indicated:
Three Months Ended December 31,Six Months Ended December 31,
2023202220232022
Total Revenues by Geography:
Americas (1)
$884,287 $583,602 $1,729,514 $1,141,390 
EMEA (2)
504,885 235,305 950,325 463,658 
Asia Pacific (3)
145,696 78,533 280,458 144,428 
Total revenues$1,534,868 $897,440 $2,960,297 $1,749,476 
Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue
$450,091 $408,674 $901,105 $813,325 
Customer support revenue
695,762 316,508 1,393,475 633,859 
Total recurring revenues
$1,145,853 $725,182 $2,294,580 $1,447,184 
License revenue (perpetual, term and subscriptions) 289,238 107,960 462,264 170,508 
Professional service and other revenue99,777 64,298 203,453 131,784 
Total revenues$1,534,868 $897,440 $2,960,297 $1,749,476 
Total Revenues by Timing of Revenue Recognition:
Point in time $289,238 $107,960 $462,264 $170,508 
Over time (including professional service and other revenue)1,245,630 789,480 2,498,033 1,578,968 
Total revenues$1,534,868 $897,440 $2,960,297 $1,749,476 
______________________
(1)Americas consists of countries in North, Central and South America.
(2)EMEA consists of countries in Europe, the Middle East and Africa.
(3)Asia Pacific primarily consists of Japan, Australia, China, Korea, Philippines, Singapore, India and New Zealand.
(4)Recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue.
Schedule of Contract Balances
The balance for our contract assets and contract liabilities (i.e. deferred revenues) for the periods indicated below were as follows:
As of December 31, 2023
As of June 30, 2023
Short-term contract assets (1)
$70,656 $71,196 
Long-term contract assets (1)
$45,427 $64,553 
Short-term deferred revenues (1)
$1,535,322 $1,721,781 
Long-term deferred revenues (1)
$170,273 $217,771 
______________________
(1)Excludes $4.9 million of short-term contract assets and $2.7 million of long-term contract assets that have been reclassified to Assets held for sale, as well as $172.8 million of short-term deferred revenues and $23.1 million of long-term deferred revenues that have been reclassified to Liabilities held for sale as of December 31, 2023, related to the proposed divestiture of the AMC business. See Note 19 “Acquisitions and Divestitures.”
Schedule of Incremental Costs of Obtaining a Contract with a Customer The following table summarizes the changes in total capitalized costs to obtain a contract, since June 30, 2023:
Capitalized costs to obtain a contract as of June 30, 2023
$97,207 
New capitalized costs incurred26,522 
Amortization of capitalized costs(19,507)
Impact of foreign exchange rate changes400 
Reclassification to Assets held for sale (1)
(2,588)
Capitalized costs to obtain a contract as of December 31, 2023
$102,034 
______________________
(1)Capitalized costs to obtain a contract of $2.6 million have been reclassified to Assets held for sale related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”