XML 38 R14.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 7. Goodwill and Intangible Assets The following table reflects the changes in the carrying amount of goodwill (in thousands):
|  | June 30, 2022 |  |  | June 30, 2021 |
Balance at beginning of period |  |  | 331,159 |  |  | $ | 331,159 |
Additions due to acquisitions (see Note 4) |  |  | 68,985 |  |  |  | — |
Balance at end of period |  | $ | 400,144 |  |  | $ | 331,159 |
The following tables summarize the components of gross and net intangible asset balances (in thousands, except years):
|  | Weighted Average |  |  |  |  |  |  |  |  |  |  |  |
|  | Remaining Amortization |  | Gross Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Period |  | Amount |  |  | Amortization |  |  | Amount |
June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 3.3 years |  | $ | 170,600 |  |  | $ | 146,560 |  |  | $ | 24,040 |
Customer relationships |  | 3.9 years |  |  | 64,839 |  |  |  | 56,704 |  |  |  | 8,135 |
Trade names |  | 0.1 years |  |  | 10,700 |  |  |  | 10,680 |  |  |  | 20 |
License agreements |  | 4.4 years |  |  | 2,445 |  |  |  | 2,125 |  |  |  | 320 |
Total intangibles, net |  |  |  | $ | 248,584 |  |  | $ | 216,069 |  |  | $ | 32,515 |
|  | Weighted Average |  |  |  |  |  |  |  |  |  |  |  |
|  | Remaining Amortization |  | Gross Carrying |  |  | Accumulated |  |  | Net Carrying |
|  | Period |  | Amount |  |  | Amortization |  |  | Amount |
June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology |  | 1.8 years |  | $ | 156,100 |  |  | $ | 129,861 |  |  | $ | 26,239 |
Customer relationships |  | 4.8 years |  |  | 63,039 |  |  |  | 54,204 |  |  |  | 8,835 |
Backlog |  | — years |  |  | 400 |  |  |  | 400 |  |  |  | — |
Trade names |  | 0.7 years |  |  | 10,700 |  |  |  | 10,128 |  |  |  | 572 |
License agreements |  | 5.4 years |  |  | 2,445 |  |  |  | 2,053 |  |  |  | 392 |
Total intangibles, net |  |  |  | $ | 232,684 |  |  | $ | 196,646 |  |  | $ | 36,038 |
The following table summarizes the amortization expense of intangibles for the periods presented (in thousands):
| Year Ended |
| June 30, 2022 |  |  | June 30, 2021 |  |  | June 30, 2020 |
Amortization of intangibles in “Total cost of revenues” | $ | 16,711 |  |  | $ | 26,246 |  |  | $ | 26,793 |
Amortization of intangibles in "Operations" |  | 3,235 |  |  |  | 6,110 |  |  |  | 8,425 |
Total amortization expense | $ | 19,946 |  |  | $ | 32,356 |  |  | $ | 35,218 |
The amortization expense that is recognized in “Total cost of revenues” is comprised of amortization for developed technology, license agreements and other intangibles. The estimated future amortization expense to be recorded for each of the respective future fiscal years is as follows (in thousands):
For the fiscal year ending: |  |  |  |
2023 |  | $ | 15,513 |
2024 |  |  | 5,571 |
2025 |  |  | 4,757 |
2026 |  |  | 3,411 |
2027 |  |  | 1,528 |
Thereafter |  |  | 1,735 |
Total |  | $ | 32,515 |

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 The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration