Conversion from IFRS to GAAP (Tables)

3 Months Ended

Sep. 30, 2022

Accounting Changes and Error Corrections [Abstract]

Reconciliation Between IFRS and U.S. GAAP

The reconciliation between IFRS net loss and GAAP net loss for the three months ended September 30, 2021 in the condensed consolidated statements of operations is as follows (in thousands):

	Note	Three Months Ended September 30, 2021
Net loss - IFRS		$	(400,102)
Cost of revenues	(a), (b)	1,762
Operating expenses	(a), (b)	15,069
Other expense, net	(c)	(30,871)
Interest income	(b)	(3)
Interest expense	(b), (d)	(4,407)
Provision for income taxes	(e)	7,348
Net loss - GAAP		$	(411,204)

Net losses per share were as follows:

	Three Months Ended September 30, 2021
	IFRS		GAAP
Net loss per share attributable to ordinary shareholders:
Basic and diluted	$	(1.59)	$	(1.63)

Conversion adjustments impacting condensed consolidated balance sheets, were as follows (in thousands):

		Fiscal Year Ended June 30, 2022
	Note	IFRS		Adjustments		GAAP
Assets:
Prepaid expenses and other current assets	(b)	$	72,303	$	(2,301)	$	70,002
Property and equipment, net	(b)	98,554		2,108		100,662
Operating lease right-of-use assets	(b)	267,328		9,948		277,276
Goodwill	(a)	732,666		(9,828)		722,838
Deferred tax assets	(e)	42,760		(32,425)		10,335
Other assets	(b)	60,740		(1,878)		58,862
Total conversion adjustments				$	(34,376)
Liabilities and Stockholders' Equity:
Deferred tax liabilities	(e)	$	26,457	$	(26,145)	$	312
Common stock and Additional paid in capital	(a), (e)	2,710,349		(527,811)		2,182,538
Accumulated other comprehensive income	(c), (e)	53,829		(39,965)		13,864
Accumulated deficit	(a), (b), (c), (e)	(2,428,575)		559,545		(1,869,030)
Total conversion adjustments				$	(34,376)