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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Dec. 31, 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
December 31, 2025
As of
June 30, 2025
InstrumentBalance Sheet LocationAssetLiabilityAssetLiability
Derivatives designated as hedges:
Cash flow hedgePrepaid expenses and other current assets$607 $— $2,068 $— 
Net investment hedge
Prepaid expenses and other current assets (Accounts payable and accrued liabilities)
— (144,841)124 (161,304)
Total derivatives designated as hedges
607 (144,841)2,192 (161,304)
Derivatives not designated as hedges:
Cross currency swap contracts
Prepaid expenses and other current assets (Accounts payable and accrued liabilities)
172 (103,756)792 (114,506)
Total derivatives not designated as hedges
172 (103,756)792 (114,506)
Total derivatives$779 $(248,597)$2,984 $(275,810)
The effects of gains (losses) from derivative instruments on our Condensed Consolidated Statements of Income is as follows:
Three Months Ended
December 31,
Six Months Ended
December 31,
InstrumentIncome Statement Location2025202420252024
Derivatives designated as hedges:
Cash flow hedgeOperating expenses$(61)$(1,374)$92 $(1,730)
Net investment hedgeInterest and other related expense, net113 1,119 237 1,846 
Derivatives not designated as hedges:
Cross currency swap contractsOther income (expense), net2,906 45,549 10,749 20,614 
Cross currency swap contractsInterest and other related expense, net128 1,031 264 1,712 
Total$3,086 $46,325 $11,342 $22,442 
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:
Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Comprehensive Income Location
Three Months Ended
December 31,
Six Months Ended
December 31,
2025202420252024
Gain (loss) recognized in OCI (loss) on cash flow hedge (effective portion)Unrealized gain (loss) on cash flow hedge$909 $(5,698)$(1,370)$(4,808)
Gain (loss) recognized in OCI (loss) on net investment hedge (effective portion)Net foreign currency translation adjustment$5,767 $42,553 $17,210 $16,476 
Gain (loss) reclassified from AOCI into income (effective portion) - cash flow hedgeOperating expenses$(61)$(1,374)$92 $(1,730)
Gain (loss) reclassified from AOCI into income (excluded from effectiveness testing) - net investment hedgeInterest and other related expense, net$561 $561 $1,122 $1,122