DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Sep. 30, 2026

The fair values of outstanding derivative instruments are as follows:


		As of September 30, 2026				As of June 30, 2026
Instrument	Balance Sheet Location	Asset		Liability		Asset		Liability
Derivatives designated as hedges:
Cash flow hedge	Accounts payable and accrued liabilities	$	—	$	(2,481)	$	—	$	(2,836)
Net investment hedge	Prepaid expenses and other current assets (Accounts payable and accrued liabilities)	—		(117,661)		—		(129,092)
Total derivatives designated as hedges		—		(120,142)		—		(131,928)

Derivatives not designated as hedges:
Cross currency swap contracts	Prepaid expenses and other current assets (Accounts payable and accrued liabilities)	157		(79,578)		204		(87,137)
Total derivatives not designated as hedges		157		(79,578)		204		(87,137)
Total		$	157	$	(199,720)	$	204	$	(219,065)

The effects of gains (losses) from derivative instruments on our Condensed Consolidated Statements of Income are as follows:


		Three Months Ended September 30,
Instrument	Income Statement Location	2026		2025
Derivatives designated as hedges:
Cash flow hedge	Operating expenses	$	(803)	$	153
Net investment hedge	Interest and other related expense, net	246		124

Derivatives not designated as hedges:
Cross currency swap contracts	Other income (expense), net	7,558		7,843
Cross currency swap contracts	Interest and other related expense, net	223		136
Total		$	7,224	$	8,256

The effects of the cash flow and net investment hedges on our Condensed Consolidated Statements of Comprehensive Income are as follows:


	Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Comprehensive Income Location	Three Months Ended September 30,
		2026		2025
Gain (loss) recognized in OCI (loss) on cash flow hedge (effective portion)	Unrealized gain (loss) on cash flow hedge	$	(449)	$	(2,279)
Gain (loss) recognized in OCI (loss) on net investment hedge (effective portion)	Net foreign currency translation adjustment	10,869		11,443
Gain (loss) reclassified from AOCI into income (effective portion) - cash flow hedge	Operating expenses	(803)		153
Gain (loss) reclassified from AOCI into income (excluded from effectiveness testing) - net investment hedge	Interest and other related expense, net	561		561