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Goodwill and Intangible Assets, Net | 9 Months Ended
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Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | 9. Goodwill and Intangible Assets, Net 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, 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 of intangible assets was $2.8 million and $8.8 million for the three and nine months ended March 31, 2021, and $1.9 million and $5.8 million for the three and nine months ended March 31, 2020. 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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- 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
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