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MARKETABLE SECURITIES (Tables)
 3 Months Ended
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Marketable Securities
The amortized cost and fair value of marketable securities as of the dates indicated below were as follows:
As of September 30, 2020 (In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Corporate debt securities$402,338 $2,046 $(88)$404,296 
Money market funds and other682,785 — — 682,785 
Municipal securities35,368 261 — 35,629 
U.S. Government agency securities137,169 326 (8)137,487 
U.S. Treasury securities177,076 1,101 — 178,177 
Subtotal1,434,736 3,734 (96)1,438,374 
Add: Time deposits(1)
133,836 — — 133,836 
Less: Cash equivalents744,577 — — 744,577 
Marketable securities$823,995 $3,734 $(96)$827,633 
As of June 30, 2020 (In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Corporate debt securities$379,334 $2,673 $(50)$381,957 
Money market funds and other694,950 — — 694,950 
Municipal securities28,859 251 — 29,110 
Sovereign securities2,009 8 — 2,017 
U.S. Government agency securities106,091 252 (7)106,336 
U.S. Treasury securities179,631 1,564 (2)181,193 
Subtotal1,390,874 4,748 (59)1,395,563 
Add: Time deposits(1)
124,153 — — 124,153 
Less: Cash equivalents773,653 — — 773,653 
Marketable securities$741,374 $4,748 $(59)$746,063 
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(1) Time deposits excluded from fair value measurements.
Schedule of Investments with Gross Unrealized Losses The following table summarizes the fair value and gross unrealized losses of our investments that were in an unrealized loss position as of the date indicated below, none of which were in a continuous loss position for 12 months or more:
As of September 30, 2020 (In thousands)Fair ValueGross
Unrealized
Losses
Corporate debt securities$54,747 $(88)
Municipal securities2,328 — 
U.S. Government agency securities24,762 (8)
U.S Treasury securities18,564 — 
Total$100,401 $(96)
As of June 30, 2020 (In thousands)Fair ValueGross
Unrealized
Losses
Corporate debt securities$44,429 $(50)
Municipal securities870 — 
U.S. Government agency securities9,951 (7)
U.S Treasury securities19,010 (2)
Total$74,260 $(59)
Contractual Maturities of Securities
The contractual maturities of securities classified as available-for-sale, regardless of their classification on our Condensed Consolidated Balance Sheets, as of the date indicated below were as follows:
As of September 30, 2020 (In thousands)Amortized CostFair Value
Due within one year$498,336 $500,622 
Due after one year through three years325,659 327,011 
$823,995 $827,633 
As of June 30, 2020 (In thousands)Amortized CostFair Value
Due within one year$415,915 $418,169 
Due after one year through three years325,459 327,894 
$741,374 $746,063