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PREPAID EXPENSES AND OTHER ASSETS (Tables)
6 Months Ended
Dec. 31, 2023
Other Assets [Abstract]  
Schedule of Components of Prepaid Expenses and Other Assets
Prepaid expenses and other current assets:
As of December 31, 2023As of June 30, 2023
Deposits and restricted cash$4,253 $2,621 
Capitalized costs to obtain a contract (2)
37,922 39,685 
Short-term prepaid expenses and other current assets (2)
169,574 175,879 
Derivative asset (1)
3,647 3,547 
Total$215,396 $221,732 
______________________
(1)Represents the asset related to our derivative instrument activity. See Note 17 “Derivative Instruments and Hedging Activities.”
(2)Excludes Capitalized costs to obtain a contract of $1.2 million and Short-term prepaid expenses and other current assets of $0.1 million that have been reclassified to Assets held for sale as of December 31, 2023 related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”
Other assets:
As of December 31, 2023As of June 30, 2023
Deposits and restricted cash$19,463 $20,418 
Capitalized costs to obtain a contract (1)
64,112 57,522 
Investments127,320 147,974 
Available-for-sale financial assets40,877 39,858 
Long-term prepaid expenses and other long-term assets
67,011 76,546 
Total$318,783 $342,318 
______________________
(1)Excludes Capitalized costs to obtain a contract of $1.4 million that has been reclassified to Assets held for sale as of December 31, 2023 related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”