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REVENUES (Tables)
3 Months Ended
Sep. 30, 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 September 30,
20242023
Total Revenues by Geography:
Americas (1)
$728,243 $845,227 
EMEA (2)
419,231 445,440 
Asia Pacific (3)
121,531 134,762 
Total revenues$1,269,005 $1,425,429 
Total Revenues by Type of Performance Obligation:
Recurring revenues (4)
Cloud services and subscriptions revenue
$457,024 $451,014 
Customer support revenue
595,490 697,713 
Total recurring revenues
$1,052,514 1,148,727 
License revenue (perpetual, term and subscriptions) 125,813 173,026 
Professional service and other revenue90,678 103,676 
Total revenues$1,269,005 $1,425,429 
Total Revenues by Timing of Revenue Recognition:
Point in time $125,813 $173,026 
Over time (including professional service and other revenue)1,143,192 1,252,403 
Total revenues$1,269,005 $1,425,429 
______________________
(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 September 30, 2024
As of June 30, 2024
Short-term contract assets $70,203 $66,450 
Long-term contract assets
42,314 38,684 
Short-term deferred revenues1,450,456 1,521,416 
Long-term deferred revenues162,397 162,401 
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, 2024:
Capitalized costs to obtain a contract as of June 30, 2024
$109,488 
New capitalized costs incurred9,052 
Amortization of capitalized costs(10,324)
Impact of foreign exchange rate changes1,834 
Capitalized costs to obtain a contract as of September 30, 2024
$110,050