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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
9 Months Ended
Mar. 31, 2026
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
March 31, 2026
As of
June 30, 2025
InstrumentBalance Sheet LocationAssetLiabilityAssetLiability
Derivatives designated as hedges:
Cash flow hedgePrepaid expenses and other current assets (Accounts payable and accrued liabilities)$— $(1,372)$2,068 $— 
Net investment hedge
Prepaid expenses and other current assets (Accounts payable and accrued liabilities)
— (123,394)124 (161,304)
Total derivatives designated as hedges
— (124,766)2,192 (161,304)
Derivatives not designated as hedges:
Cross currency swap contracts
Prepaid expenses and other current assets (Accounts payable and accrued liabilities)
60 (89,244)792 (114,506)
Total derivatives not designated as hedges
60 (89,244)792 (114,506)
Total derivatives$60 $(214,010)$2,984 $(275,810)
The effects of gains (losses) from derivative instruments on our Condensed Consolidated Statements of Income are as follows:
Three Months Ended
March 31,
Nine Months Ended
March 31,
InstrumentIncome Statement Location2026202520262025
Derivatives designated as hedges:
Cash flow hedgeOperating expenses$348 $(1,865)$440 $(3,595)
Net investment hedgeInterest and other related expense, net1,204 239 3,050 
Derivatives not designated as hedges:
Cross currency swap contractsOther income (expense), net14,513 (20,216)25,262 398 
Cross currency swap contractsInterest and other related expense, net49 905 313 2,617 
Total$14,912 $(19,972)$26,254 $2,470 
Schedule of Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI)
The effects of the cash flow and net investment hedges on our Condensed Consolidated Statements of Comprehensive Income are as follows:
Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Comprehensive Income Location
Three Months Ended
March 31,
Nine Months Ended
March 31,
2026202520262025
Gain (loss) recognized in OCI (loss) on cash flow hedge (effective portion)Unrealized gain (loss) on cash flow hedge$(1,631)$(63)$(3,001)$(4,871)
Gain (loss) recognized in OCI (loss) on net investment hedge (effective portion)Net foreign currency translation adjustment20,977 (18,525)38,187 (2,049)
Gain (loss) reclassified from AOCI into income (effective portion) - cash flow hedgeOperating expenses348 (1,865)440 (3,595)
Gain (loss) reclassified from AOCI into income (excluded from effectiveness testing) - net investment hedgeInterest and other related expense, net561 561 1,683 1,683