
	As of March 31, 2024		As of June 30, 2023
Deposits and restricted cash	$	3,809	$	2,621
Capitalized costs to obtain a contract (1)	42,279		39,685
Short-term prepaid expenses and other current assets (1)	165,358		175,879
Derivative asset (2)	815		3,547
Total	$	212,261	$	221,732

(1)Excludes capitalized costs to obtain a contract of $1.8 million and short-term prepaid expenses and other current assets of $0.1 million that have been reclassified to Assets held for sale as of March 31, 2024 related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.


	As of March 31, 2024		As of June 30, 2023
Deposits and restricted cash (1)	$	19,031	$	20,418
Capitalized costs to obtain a contract (1)	68,020		57,522

Investments	124,123		147,974
Available-for-sale financial assets	40,615		39,858
Long-term prepaid expenses and other long-term assets	62,791		76,546
Total	$	314,580	$	342,318

______________________

(1)Excludes deposits and restricted cash of $1.4 million and capitalized costs to obtain a contract of $2.3 million that have been reclassified to Assets held for sale as of March 31, 2024 related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.

Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.

Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see Note 3 “Revenues”).

Investments relate to certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments, which approximates fair value and is subject to volatility based on market trends and business conditions, is recorded as a component of Other income (expense), net in our Condensed Consolidated Statements of Income (see Note 22 “Other Income (Expense), Net”). During the three and nine months ended March 31, 2024, our share of income (loss) from these investments was $(0.8) million and $(19.0) million, respectively (three and nine months ended March 31, 2023—$(4.7) million and $(11.5) million, respectively).

As part of the Micro Focus Acquisition, we acquired the rights to certain available-for-sale financial assets. A portion of the available-for-sale financial assets relate to contractual arrangements under insurance policies held by the Company with guaranteed interest rates that are utilized to meet certain pension and post-retirement obligations but do not meet the definition of a plan asset. The remaining portion of available-for-sale financial assets are primarily comprised of various debt and equity funds, which are valued utilizing market quotes provided by our third-party custodian. These arrangements are treated as available-for-sale financial assets measured at fair value quarterly (see Note 16 “Fair Value Measurement”) with unrealized gains and losses recorded within “Other Comprehensive Income (Loss) Net” (see Note 20 “Accumulated Other Comprehensive Income (Loss)”).

Prepaid expenses and other assets, both short-term and long-term, include advance payments on licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.