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PREPAID EXPENSES AND OTHER ASSETS (Tables)
9 Months Ended
Mar. 31, 2024
Other Assets [Abstract]  
Schedule of Components of Prepaid Expenses and Other Assets
Prepaid expenses and other current assets:
As of March 31, 2024As of June 30, 2023
Deposits and restricted cash$3,809 $2,621 
Capitalized costs to obtain a contract (1)
42,279 39,685 
Short-term prepaid expenses and other current assets (1)
165,358 175,879 
Derivative asset (2)
815 3,547 
Total$212,261 $221,732 
______________________
(1)Excludes capitalized costs to obtain a contract of $1.8 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 March 31, 2024 related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.
(2)Represents the asset related to our derivative instrument activity. See Note 17 “Derivative Instruments and Hedging Activities” for more details.
Other assets:
As of March 31, 2024As of June 30, 2023
Deposits and restricted cash (1)
$19,031 $20,418 
Capitalized costs to obtain a contract (1)
68,020 57,522 
Investments124,123 147,974 
Available-for-sale financial assets40,615 39,858 
Long-term prepaid expenses and other long-term assets
62,791 76,546 
Total$314,580 $342,318 
______________________
(1)Excludes deposits and restricted cash of $1.4 million and capitalized costs to obtain a contract of $2.3 million that have been reclassified to Assets held for sale as of March 31, 2024 related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.