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GOODWILL AND INTANGIBLE ASSETS
 6 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
NOTE 5: GOODWILL AND INTANGIBLE ASSETS
Changes in the carrying amount of goodwill for the six months ended December 31, 2025 are as follows:
(in 000s)
GoodwillAccumulated Impairment LossesNet
Balances as of July 1, 2025$940,350 $(138,297)$802,053 
Acquisitions(1)
15,720 — 15,720 
Disposals and foreign currency changes, net(2,155)— (2,155)
Impairments— — — 
Balances as of December 31, 2025$953,915 $(138,297)$815,618 
(1)    All goodwill added during the period is expected to be tax-deductible for federal income tax reporting.
We test goodwill for impairment annually as of February 1, or more frequently if events occur or circumstances change which would, more likely than not, reduce the fair value of a reporting unit below its carrying value.
Components of intangible assets are as follows:
(in 000s)
Gross Carrying AmountAccumulated
Amortization		Net
As of December 31, 2025:
Reacquired franchise rights$429,290 $(250,627)$178,663 
Customer relationships372,444 (298,667)73,777 
Internally-developed software121,282 (117,768)3,514 
Noncompete agreements23,774 (20,660)3,114 
Purchased technology68,100 (58,144)9,956 
Trade name5,800 (3,770)2,030 
$1,020,690 $(749,636)$271,054 
As of June 30, 2025:
Reacquired franchise rights$415,700 $(243,330)$172,370 
Customer relationships354,107 (287,067)67,040 
Internally-developed software119,959 (117,604)2,355 
Noncompete agreements23,070 (20,188)2,882 
Purchased technology68,100 (55,655)12,445 
Trade name5,800 (3,480)2,320 
$986,736 $(727,324)$259,412 
We made payments to acquire businesses totaling $35.4 million and $28.0 million during the six months ended December 31, 2025 and 2024, respectively. The amounts and weighted-average lives of intangible assets acquired during the six months ended December 31, 2025, including amounts capitalized related to internally-developed software, are as follows:
(dollars in 000s)
AmountWeighted-Average Life (in years)
Customer relationships$18,426 5
Reacquired franchise rights13,669 6
Internally-developed software1,348 3
Noncompete agreements712 5
Total$34,155 5
Amortization of intangible assets for the three and six months ended December 31, 2025 was $11.3 million and $22.4 million respectively, compared to $12.1 million and $25.0 million for the three and six months ended December 31, 2024. Estimated amortization of intangible assets for fiscal years ending June 30, 2026, 2027, 2028, 2029, and 2030 is $47.3 million, $45.0 million, $36.6 million, $27.7 million and $17.8 million, respectively.