Goodwill and Intangible Assets

6 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

7.	Goodwill and Intangible Assets

The following table reflects the changes in the carrying amount of goodwill (in thousands):

	December 31, 2019
Balance as of June 30, 2019	$	138,577
Additions due to acquisition (see Note 4)		191,607
Balance at end of period	$	330,184

The following tables summarize the components of gross and net intangible asset balances (dollars in thousands):

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
December 31, 2019
Developed technology	2.8 years	$	157,000	$	90,673	$	66,327
Customer relationships	4.9 years		63,039		46,965		16,074
Backlog	— years		400		400		—
Trade names	1.6 years		10,700		7,034		3,666
License agreements	5.5 years		2,445		1,796		649
Other intangibles	0.1 years		1,382		1,358		24
Total intangibles, net		$	234,966	$	148,226	$	86,740

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2019
Developed technology	2.4 years	$	117,000	$	77,449	$	39,551
Customer relationships	2.0 years		51,639		44,410		7,229
Trade names	2.4 years		9,100		5,647		3,453
License agreements	5.4 years		2,445		1,661		784
Other intangibles	0.6 years		1,382		1,287		95
Total intangibles, net		$	181,566	$	130,454	$	51,112

The amortization expense of intangibles for the periods presented is summarized below (in thousands):

	Three Months Ended				Six Months Ended
	December 31, 2019		December 31, 2018		December 31, 2019		December 31, 2018
Amortization in “Cost of revenues: Product”	$	6,970	$	4,904	$	13,465	$	9,836
Amortization of intangibles in "Operations"		2,377		1,575		4,307		3,716
Total amortization	$	9,347	$	6,479	$	17,772	$	13,552

The amortization expense that is recognized in “Cost of revenues: Product” is comprised of amortization for developed technology, license agreements and other intangibles.