Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2022, by the level within the fair value hierarchy (in thousands):

	Level 1		Level 2		Total
Assets measured at fair value
Cash and cash equivalents:
Money market funds	$	450,480	$	—	$	450,480
Marketable securities:
U.S. treasury securities	—		44,537		44,537
Certificates of deposit and time deposits	—		10,000		10,000
Derivative financial instruments	—		62,501		62,501
Other non-current assets:
Marketable equity securities	20,993		—		20,993
Total assets measured at fair value	$	471,473	$	117,038	$	588,511
Liabilities measured at fair value
Derivative financial instruments	$	—	$	37,521	$	37,521
Total liabilities measured at fair value	$	—	$	37,521	$	37,521

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2022, by level within the fair value hierarchy (in thousands):

	Level 1		Level 2		Total
Assets measured at fair value
Cash and cash equivalents:
Money market funds	$	555,247	$	—	$	555,247
Marketable securities:
U.S. treasury securities	—		70,294		70,294
Certificates of deposit and time deposits	—		3,000		3,000
Derivative financial instruments	—		44,052		44,052
Other non-current assets:
Marketable equity securities	30,801		—		30,801
Total assets measured at fair value	$	586,048	$	117,346	$	703,394
Liabilities measured at fair value
Derivative financial instruments	$	—	$	24,100	$	24,100
Total liabilities measured at fair value	$	—	$	24,100	$	24,100