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Goodwill and Intangible Assets, Net (Tables) | 9 Months Ended
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Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for the nine months ended March 31, 2021 were as follows (in thousands):
|  |  |  |  |  |  |  | Goodwill |
Balance as of June 30, 2020 |  |  |  |  |  |  |  | $ | 80,677 |
Goodwill acquired (1) |  |  |  |  |  |  |  |  | 40,744 |
Goodwill disposed (2) |  |  |  |  |  |  |  |  | (3,212 | )
Balance as of March 31, 2021 |  |  |  |  |  |  |  | $ | 118,209 |
(1) | Represents goodwill acquired associated with the acquisitions completed in the first three quarters of fiscal year 2021. See Note 8, Acquisitions, for more information.
(2) | Represents goodwill disposed associated with the divestiture of the education client vertical completed in the first quarter of fiscal year 2021. See Note 7, Divestitures, for more information.
Intangible Assets | Intangible Assets, Net Intangible assets, net, consisted of the following (in thousands):
|  | March 31, 2021 |  |  | June 30, 2020 |
|  | Gross |  |  |  |  |  |  | Net |  |  | Gross |  |  |  |  |  |  | Net |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Carrying |  |  | Accumulated |  |  | Carrying |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amount |  |  | Amortization |  |  | Amount |
Customer/publisher/advertiser relationships |  | $ | 90,960 |  |  | $ | (41,297 | ) |  | $ | 49,663 |  |  | $ | 61,324 |  |  | $ | (36,213 | ) |  | $ | 25,111 |
Content |  |  | 43,705 |  |  |  | (43,305 | ) |  |  | 400 |  |  |  | 55,430 |  |  |  | (55,430 | ) |  |  | — |
Website/trade/domain names |  |  | 25,348 |  |  |  | (18,412 | ) |  |  | 6,936 |  |  |  | 23,059 |  |  |  | (20,717 | ) |  |  | 2,342 |
Acquired technology and others |  |  | 33,843 |  |  |  | (28,641 | ) |  |  | 5,202 |  |  |  | 27,941 |  |  |  | (27,220 | ) |  |  | 721 |
Total |  | $ | 193,856 |  |  | $ | (131,655 | ) |  | $ | 62,201 |  |  | $ | 167,754 |  |  | $ | (139,580 | ) |  | $ | 28,174 |
Amortization Expense | Future amortization expense for the Company’s intangible assets as of March 31, 2021 was as follows (in thousands):
Fiscal Year Ending June 30, |  |  |  |  |  |  |  | Amortization |
2021 (remaining three months) |  |  |  |  |  |  |  | $ | 3,013 |
2022 |  |  |  |  |  |  |  |  | 11,365 |
2023 |  |  |  |  |  |  |  |  | 10,503 |
2024 |  |  |  |  |  |  |  |  | 9,606 |
2025 |  |  |  |  |  |  |  |  | 7,622 |
Thereafter |  |  |  |  |  |  |  |  | 20,092 |
Total |  |  |  |  |  |  |  | $ | 62,201 |

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