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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets
The fair values of outstanding derivative instruments are as follows:

As of
June 30, 2025
As of
June 30, 2024
InstrumentBalance Sheet LocationAssetLiabilityAssetLiability
Derivatives designated as hedges:
Cash flow hedgePrepaid expenses and other current assets (Accounts payable and accrued liabilities)$2,068 $— $— $(828)
Net investment hedgePrepaid expenses and other current assets (Accounts payable and accrued liabilities)124 (161,304)654 (88,186)
Total derivatives designated as hedges:2,192 (161,304)654 (89,014)
Derivatives not designated as hedges:
Cross currency swap contractsPrepaid expenses and other current assets (Accounts payable and accrued liabilities)792 (114,506)1,473 (70,220)
Total derivatives not designated as hedges:792 (114,506)1,473 (70,220)
Total derivatives$2,984 $(275,810)$2,127 $(159,234)
The effects of gains (losses) from derivative instruments on our Consolidated Statements of Income is as follows:
Year Ended June 30,
InstrumentIncome Statement Location202520242023
Derivatives designated as hedges:
Cash flow hedgeOperating expenses$(3,443)$(1,312)$(3,702)
Net investment hedgeInterest and other related expense, net3,300 3,707 1,344 
Derivatives not designated as hedges:
Deal-contingent forward contract Other income (expense), net— — 9,354 
Non-contingent forward contract Other income (expense), net— — 9,052 
Cross currency swap contractsOther income (expense), net(54,666)3,116 (9,779)
Cross currency swap contractsInterest and other related expense, net2,842 3,441 1,421 
Total$(51,967)$8,952 $7,690 
Schedule of Effects of the Cash Flow and Net Investment Hedges
The effects of the cash flow and net investment hedges on our Consolidated Statements of Comprehensive Income:
Year Ended June 30,
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income Location
202520242023
Gain (loss) recognized in OCI (loss) on cash flow hedge (effective portion)Unrealized gain (loss) on cash flow hedge$(548)$(3,670)$(1,280)
Gain (loss) recognized in OCI (loss) on net investment hedge (effective portion)Net foreign currency translation adjustment(73,060)(331)(32,347)
Gain (loss) reclassified from AOCI into income (effective portion) - cash flow hedgeOperating expenses(3,443)(1,312)(3,702)
Gain (loss) reclassified from AOCI into income (excluded from effectiveness testing) - net investment hedgeInterest and other related expense, net2,244 2,244 748