XML 33 R26.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amounts of Goodwill | Changes in the carrying amounts of goodwill were as follows (in thousands):
|  | Carrying Amount |
Balance as of June 30, 2024 |  | $ | 285,969 |
Foreign currency translation adjustment |  |  | (62 | )
Balance as of December 31, 2024 |  | $ | 285,907 |
Schedule of Intangible Assets Amortized on Straight Line Basis | Intangible assets acquired through business combinations consisted of the following (in thousands):
|  | December 31, 2024 |
|  | Useful Life (In years) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Client relationships |  | 9 to 15 |  | $ | 48,900 |  |  | $ | (31,150 | ) |  | $ | 17,750 |
Non-compete agreements |  | 3 to 5 |  |  | 4,907 |  |  |  | (4,361 | ) |  |  | 546 |
Trademarks and trade names |  | Indefinite |  |  | 4,683 |  |  |  | — |  |  |  | 4,683 |
Trademarks and trade names |  | 5 to 10 |  |  | 7,822 |  |  |  | (5,983 | ) |  |  | 1,839 |
Core technology |  | 2 to 7 |  |  | 60,584 |  |  |  | (51,134 | ) |  |  | 9,450 |
Backlog |  | 2 |  |  | 1,000 |  |  |  | (917 | ) |  |  | 83 |
Intangible assets, net |  |  |  | $ | 127,896 |  |  | $ | (93,545 | ) |  | $ | 34,351 |
|  | June 30, 2024 |
|  | Useful Life (In years) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Client relationships |  | 9 to 15 |  | $ | 48,900 |  |  | $ | (28,949 | ) |  | $ | 19,951 |
Non-compete agreements |  | 3 to 5 |  |  | 4,907 |  |  |  | (4,035 | ) |  |  | 872 |
Trademarks and trade names |  | Indefinite |  |  | 4,683 |  |  |  | — |  |  |  | 4,683 |
Trademarks and trade names |  | 5 to 10 |  |  | 7,822 |  |  |  | (5,773 | ) |  |  | 2,049 |
Core technology |  | 2 to 7 |  |  | 60,584 |  |  |  | (48,054 | ) |  |  | 12,530 |
Backlog |  | 2 |  |  | 1,000 |  |  |  | (792 | ) |  |  | 208 |
Intangible assets, net |  |  |  | $ | 127,896 |  |  | $ | (87,603 | ) |  | $ | 40,293 |
Schedule of Amortization Expense Related to Acquired Intangible Assets | Amortization expense related to acquired intangible assets was recognized as follows (in thousands):
|  | Three Months Ended December 31, |  |  | Six Months Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Cost of SaaS |  | $ | 1,509 |  |  | $ | 1,055 |  |  | $ | 3,080 |  |  | $ | 2,110 |
Sales and marketing |  |  | 1,268 |  |  |  | 1,396 |  |  |  | 2,536 |  |  |  | 2,883 |
General and administrative |  |  | 163 |  |  |  | 163 |  |  |  | 326 |  |  |  | 326 |
Total amortization expense |  | $ | 2,940 |  |  | $ | 2,614 |  |  | $ | 5,942 |  |  | $ | 5,319 |
Schedule of Estimated Future Amortization Expense for Acquired Intangible Assets | As of December 31, 2024, the estimated future amortization expense for acquired intangible assets is as follows (in thousands):
Fiscal Year Ending June 30, |  | Amount |
2025 (remaining 6 months) |  | $ | 5,221 |
2026 |  |  | 7,835 |
2027 |  |  | 5,121 |
2028 |  |  | 4,623 |
2029 |  |  | 3,252 |
2030 and thereafter |  |  | 3,616 |
Total remaining amortization |  | $ | 29,668 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration