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v3.21.1

Acquisitions and Investments (Tables) | 9 Months Ended
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Mar. 31, 2021
Acquisitions |
Schedule of intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2021 | ​ | June 30, 2020
($ in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names |  | $ | 84.5 |  | $ | (15.9) |  | $ | 68.6 | ​ | $ | 77.9 | ​ | $ | (12.0) | ​ | $ | 65.9
Customer and distributor relationships | ​ | ​ | 37.7 | ​ | ​ | (19.8) | ​ | ​ | 17.9 | ​ | ​ | 25.3 | ​ | ​ | (17.2) | ​ | ​ | 8.1
Developed technology | ​ | ​ | 21.3 | ​ | ​ | (5.0) | ​ | ​ | 16.3 | ​ | ​ | 6.6 | ​ | ​ | (3.5) | ​ | ​ | 3.1
Other | ​ | ​ | 1.3 | ​ | ​ | (1.1) | ​ | ​ | 0.2 | ​ | ​ | 1.4 | ​ | ​ | (1.0) | ​ | ​ | 0.4
Total | ​ | $ | 144.8 | ​ | $ | (41.8) | ​ | $ | 103.0 | ​ | $ | 111.2 |  | $ | (33.7) | ​ | $ | 77.5
Schedule of unaudited pro forma combined results of operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​ | ​ | Nine Months Ended March 31,
(In thousands) | ​ | 2021 | ​ | ​ | ​ | 2020 | ​ | ​ | 2021 | ​ | ​ | 2020
Revenues | $ | 392,145 | ​ | ​ | $ | 267,398 | ​ | $ | 1,154,663 | ​ | $ | 810,621
Income (loss) from operations | ​ | 38,553 | ​ | ​ | ​ | (4,706) | ​ | ​ | 89,900 | ​ | ​ | (9,557)
Net income (loss) | ​ | 23,789 | ​ | ​ | ​ | (10,360) | ​ | ​ | 61,948 | ​ | ​ | (13,447)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
MedCerts |
Acquisitions |
Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed | ​
​ | ​ | ​
Allocation of Purchase Price | ​ | ​
​ | ​ | ​
Cash | $ | 205
Current assets, excluding cash | ​ | 5,074
Property and equipment, net | ​ | 1,896
Intangible assets, net | ​ | 26,607
Goodwill | ​ | 50,814
Current liabilities | ​ | (2,201)
Deferred revenue | ​ | (1,562)
Total consideration | $ | 80,833
​ | ​ | ​
Schedule of intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Intangible Assets | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Estimated
Intangible Assets | ​ | Amount | ​ | Useful Life
​ | ​ | (In thousands) | ​ | (In years)
Customer relationships | $ | 12,072 | ​ | 5.84
Developed technology | ​ | 11,970 | ​ | 7.00
Trade names | ​ | 2,565 | ​ | 5.00
​ | $ | 26,607 | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Tech Elevator |
Acquisitions |
Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed | ​
​ | ​ | ​
Allocation of Purchase Price | ​ | ​
​ | ​ | ​
Cash | $ | 1,813
Current assets, excluding cash | ​ | 518
Property and equipment, net | ​ | 513
Operating lease right-of-use assets, net | ​ | 724
Intangible assets, net | ​ | 7,105
Goodwill | ​ | 18,014
Other assets | ​ | 377
Current liabilities | ​ | (461)
Deferred revenue | ​ | (534)
Deferred tax liability | ​ | (1,650)
Current operating lease liability | ​ | (420)
Long-term operating lease liability | ​ | (304)
Total consideration | $ | 25,695
​ | ​ | ​
Schedule of intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Intangible Assets | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Estimated
Intangible Assets | ​ | Amount | ​ | Useful Life
​ | ​ | (In thousands) | ​ | (In years)
Customer relationships | $ | 311 | ​ | 3.92
Developed technology | ​ | 2,796 | ​ | 5.00
Trade names | ​ | 3,998 | ​ | 15.00
​ | $ | 7,105 | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Galvanize |
Acquisitions |
Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed | ​
​ | ​ | ​
Allocation of Purchase Price | ​ | ​
​ | ​ | ​
Cash | $ | 9,232
Current assets, excluding cash | ​ | 8,888
Property and equipment, net | ​ | 11,270
Operating lease right-of-use assets, net | ​ | 100,232
Intangible assets, net | ​ | 68,483
Goodwill | ​ | 81,225
Other assets | ​ | 1,802
Current liabilities | ​ | (4,370)
Deferred revenue | ​ | (3,374)
Deferred tax asset (liability) | ​ | 2,372
Current operating lease liability | ​ | (11,620)
Long-term operating lease liability | ​ | (89,782)
Other long-term liabilities | ​ | (130)
Total consideration | $ | 174,228
​ | ​ | ​
Schedule of intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Intangible Assets | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Estimated
Intangible Assets | ​ | Amount | ​ | Useful Life
​ | ​ | (In thousands) | ​ | (In years)
Customer relationships | $ | 4,785 | ​ | 4.22
Developed technology | ​ | 3,357 | ​ | 4.00
Trade names | ​ | 60,341 | ​ | 15.00
​ | $ | 68,483 | ​ | ​ | ​ | ​

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