XML 29 R18.htm IDEA: XBRL DOCUMENT v3.20.2
OTHER ASSETS
3 Months Ended
Sep. 30, 2020
Other Assets, Noncurrent Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
As of September 30, 2020As of June 30, 2020
Deposits and restricted cash$10,556 $11,612 
Capitalized costs to obtain a contract45,088 43,029 
Investments81,618 76,002 
Long-term prepaid expenses and other long-term assets23,880 23,824 
Total$161,142 $154,467 
Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.
Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see note 3 "Revenues").
Investments relate to certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments is recorded as a component of Other income (expense), net in our Condensed Consolidated Statements of Income (see note 22 "Other Income (Expense), Net"). During the three months ended September 30, 2020, our share of income (loss) from these investments was $6.2 million (three months ended September 30, 2019—$0.7 million).
Long-term prepaid expenses and other long-term assets includes advance payments on long-term licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.