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Acquisitions (Tables)
6 Months Ended
Dec. 31, 2019
Carbonite  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of December 24, 2019, are set forth below:
Current assets (inclusive of cash acquired of $62.9 million)
$
131,119

Non-current tangible assets (inclusive of restricted cash acquired of $2.4 million)
93,111

Intangible customer assets
549,000

Intangible technology assets
291,000

Liabilities assumed
(578,747
)
Total identifiable net assets
485,483

Goodwill
885,547

Net assets acquired
$
1,371,030


Schedule of Unaudited Pro Forma Information
The amount of Carbonite's revenues and net income included in our Condensed Consolidated Statements of Income for the three months ended December 31, 2019 is set forth below:
 
December 24, 2019 -
December 31, 2019
Revenues
$
9,511

Net Loss *
(3,654
)
* Net loss includes one-time fees of approximately $2.6 million on account of special charges and $4.2 million of amortization charges relating to intangible assets, all net of tax.

The unaudited pro forma revenues and net income (loss) of the combined entity for the three and six months ended December 31, 2019 and 2018, respectively, had the acquisition been consummated on July 1, 2018, are set forth below:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2019
 
2018
 
2019
 
2018
Supplemental Unaudited Pro Forma Information(1)
 
 
 
 
 
 
 
Total Revenues
887,563

 
812,197

 
1,710,047

 
1,557,036

Net Income (loss) (2) (3)
78,571

 
76,024

 
117,789

 
(9,748
)
(1)Carbonite had recently purchased Webroot Inc. in March 2019. The supplemental pro forma revenues and net income (loss) shown above do not include the results of operations of Webroot Inc. for periods prior to the Webroot acquisition date.
(2) Included in pro forma net income (loss) for the six months ended December 31, 2018 are approximately $127 million of one-time expenses incurred by Carbonite on account of the acquisition and the related tax effect of approximately $33 million. These one-time expenses included i) approximately $74 million related to the accelerated vesting of historical Carbonite equity
awards, ii) approximately $29 million of one time fees, primarily related to transaction costs triggered by the closing of the acquisition, iii) $21 million related to the extinguishment of certain of Carbonite's historical debt and interest rate swaps and iv) approximately $3 million in employee severance costs.
(3) Included in pro forma net income for the three and six months ended December 31, 2019 and 2018 are estimated amortization charges relating to the allocated value of intangible assets.
Catalyst Repository Systems Inc  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of January 31, 2019, are set forth below:
Current assets
$
9,699

Non-current tangible assets
5,754

Intangible customer assets
30,607

Intangible technology assets
11,658

Liabilities assumed
(17,891
)
Total identifiable net assets
39,827

Goodwill
30,973

Net assets acquired
$
70,800


Liaison Technologies Inc.  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of December 17, 2018, are set forth below:
Current assets
$
23,006

Non-current tangible assets
5,168

Intangible customer assets
68,300

Intangible technology assets
107,000

Liabilities assumed
(57,265
)
Total identifiable net assets
146,209

Goodwill
164,434

Net assets acquired
$
310,643