Intangible Assets, Net and Goodwill (Tables)

12 Months Ended

Jun. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Intangible assets, net consisted of the following (in thousands):

	June 30, 2022							June 30, 2021
	Gross					Net		Gross					Net
	Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	Amount		Amortization			Amount		Amount		Amortization			Amount
Customer/publisher/advertiser relationships	$	91,629	$	(52,449	)	$	39,180	$	90,830	$	(43,485	)	$	47,345
Content		43,056		(43,056	)		—		43,056		(42,790	)		266
Website/trade/domain names		25,302		(18,853	)		6,449		25,102		(18,303	)		6,799
Acquired technology and others		34,934		(30,867	)		4,067		33,834		(29,067	)		4,767
Total	$	194,921	$	(145,225	)	$	49,696	$	192,822	$	(133,645	)	$	59,177

Amortization Expense

Future amortization expense for the Company’s intangible assets as of June 30, 2022 was as follows (in thousands):

Fiscal Year Ending June 30,	Amortization
2023	$	11,122
2024		10,185
2025		8,045
2026		5,420
2027		4,473
Thereafter		10,451
Total	$	49,696

Changes in Carrying Amount of Goodwill

Goodwill

The changes in the carrying amount of goodwill for fiscal years 2022 and 2021 were as follows (in thousands):

	Goodwill
Balance at June 30, 2020	$	80,677
Goodwill acquired ⁽¹⁾		40,368
Goodwill disposed ⁽²⁾		(3,212	)
Balance at June 30, 2021		117,833
Goodwill acquired ⁽¹⁾		3,308
Balance at June 30, 2022	$	121,141

⁽¹⁾ Represents goodwill acquired associated with the business acquisitions of Modernize, FCE and Mayo Labs completed in fiscal year 2021, and two immaterial business acquisitions completed in fiscal year 2022. See Note 6, Acquisitions, for more information.

⁽²⁾ Represents goodwill disposed associated with the business divestitures completed in fiscal year 2021. See Note 7, Divestitures, for more information.