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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Goodwill | 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 |
Components of Gross and Net Intangible Asset Balances | 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 |
Summary of Amortization Expense of Intangibles | 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 |
Schedule of Expected Amortization Expenses | 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 |

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