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LEASES (Tables)
 12 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Assets And Liabilities, Lessee
The following illustrates the Consolidated Balance Sheets information related to leases:
As of June 30, 2025As of June 30, 2024
Operating LeasesBalance Sheet Location
Operating lease right of use assetsOperating lease right of use assets$197,977 $219,774 
Operating lease liabilities (current)Operating lease liabilities$75,914 $76,446 
Operating lease liabilities (non-current)Long-term operating lease liabilities189,949 218,174 
Total operating lease liabilities$265,863 $294,620 
Finance Leases
Finance lease receivables (current)Prepaid expenses and other current assets$1,867 $4,031 
Finance lease receivables (non-current)Other assets457 2,329 
Total finance lease receivables$2,324 $6,360 
Finance lease liabilities (current)Accounts payable and accrued liabilities$1,877 $3,173 
Finance lease liabilities (non-current)Accrued liabilities457 2,327 
Total finance lease liabilities$2,334 $5,500 
Schedule of Lease Costs and Other Information
The weighted average remaining lease term and discount rate for the periods indicated below were as follows:
As of June 30, 2025As of June 30, 2024
Weighted-average remaining lease term
Operating leases4.59 years5.13 years
Finance leases1.23 years1.85 years
Weighted-average discount rate
Operating leases4.92 %5.00 %
Finance leases5.33 %5.47 %
The following illustrates the various components of lease costs for the period indicated:
Year Ended June 30,
202520242023
Operating lease cost$82,174 $90,383 $72,977 
Short-term lease cost2,028 2,920 4,195 
Variable lease cost4,103 5,084 3,488 
Sublease income(11,254)(12,941)(12,518)
Total lease cost$77,051 $85,446 $68,142 
The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease costs and short-term leases are not included in the measurement of lease liabilities, and, as such, are excluded from the amounts below:
Year Ended June 30,
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating leases$98,418 $109,708 $93,556 
Finance leases3,369 5,722 2,473 
Right of use assets obtained in exchange for new lease liabilities:
Operating leases (1)
53,541 30,869 29,551 
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(1)The year ended June 30, 2023 excludes the impact of $129.7 million of right of use assets obtained through the Micro Focus Acquisition. See Note 19 “Acquisitions and Divestitures” for further details including the finalization of the purchase price allocation for the Micro Focus Acquisition.
Schedule of Maturity of Lease Liabilities
The following table presents the future minimum lease payments under our lease liabilities as of June 30, 2025:
Fiscal years ending June 30,Operating LeasesFinance Leases
2026$86,661 $1,947 
202774,153 459 
202853,427 — 
202931,315 — 
203018,105 — 
Thereafter30,950 — 
Total lease payments294,611 2,406 
Less: Imputed interest(28,748)(72)
Total$265,863 $2,334