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REVENUES (Tables)
 9 Months Ended
Mar. 31, 2024
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 March 31,Nine Months Ended March 31,
2024202320242023
Total Revenues by Geography:
Americas (1)
$828,830 $750,999 $2,558,344 $1,892,389 
EMEA (2)
481,175 379,430 1,431,500 843,088 
Asia Pacific (3)
137,126 114,245 417,584 258,673 
Total revenues$1,447,131 $1,244,674 $4,407,428 $2,994,150 
Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue
$454,528 $435,449 $1,355,633 $1,248,774 
Customer support revenue
691,441 575,884 2,084,916 1,209,743 
Total recurring revenues
$1,145,969 $1,011,333 $3,440,549 $2,458,517 
License revenue (perpetual, term and subscriptions) 200,363 139,722 662,627 310,230 
Professional service and other revenue100,799 93,619 304,252 225,403 
Total revenues$1,447,131 $1,244,674 $4,407,428 $2,994,150 
Total Revenues by Timing of Revenue Recognition:
Point in time $200,363 $139,722 $662,627 $310,230 
Over time (including professional service and other revenue)1,246,768 1,104,952 3,744,801 2,683,920 
Total revenues$1,447,131 $1,244,674 $4,407,428 $2,994,150 
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(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 March 31, 2024
As of June 30, 2023
Short-term contract assets (1)
$66,124 $71,196 
Long-term contract assets (1)
$42,659 $64,553 
Short-term deferred revenues (1)
$1,583,638 $1,721,781 
Long-term deferred revenues (1)
$170,544 $217,771 
______________________
(1)Excludes $5.5 million of short-term contract assets and $2.9 million of long-term contract assets that have been reclassified to Assets held for sale, as well as $176.9 million of short-term deferred revenues and $24.5 million of long-term deferred revenues that have been reclassified to Liabilities held for sale as of March 31, 2024, related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.
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 incurred47,961 
Amortization of capitalized costs(30,493)
Impact of foreign exchange rate changes(233)
Reclassification to Assets held for sale (1)
(4,143)
Capitalized costs to obtain a contract as of March 31, 2024
$110,299 
______________________
(1)Adjustment to reclassify capitalized costs to obtain a contract to Assets held for sale related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.