XML 37 R28.htm IDEA: XBRL DOCUMENT v3.22.1

Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Mar. 31, 2022

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, 2022 were as follows (in thousands):

								Goodwill
Balance as of June 30, 2021								$	117,833
Goodwill acquired (1)									1,756
Balance as of March 31, 2022								$	119,589

⁽¹⁾ Represents goodwill acquired associated with an immaterial acquisition completed in the second quarter of fiscal year 2022.

Intangible Assets

Intangible Assets, Net

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

		March 31, 2022												June 30, 2021
		Gross								Net				Gross								Net
		Carrying				Accumulated				Carrying				Carrying				Accumulated				Carrying
		Amount				Amortization				Amount				Amount				Amortization				Amount
Customer/publisher/advertiser relationships		$	90,830			$	(50,269	)		$	40,561			$	90,830			$	(43,485	)		$	47,345
Content			43,056				(43,056	)			—				43,056				(42,790	)			266
Website/trade/domain names			25,102				(18,713	)			6,389				25,102				(18,303	)			6,799
Acquired technology and others			34,934				(30,381	)			4,553				33,834				(29,067	)			4,767
Total		$	193,922			$	(142,419	)		$	51,503			$	192,822			$	(133,645	)		$	59,177

Amortization Expense

Future amortization expense for the Company’s intangible assets as of March 31, 2022 was as follows (in thousands):

Fiscal Year Ending June 30,								Amortization
2022 (remaining three months)								$	2,787
2023									10,882
2024									9,945
2025									7,805
2026									5,197
Thereafter									14,887
Total								$	51,503

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

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration