Goodwill and Intangible Assets

9 Months Ended

Mar. 31, 2020

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):

	March 31, 2020
Balance as of June 30, 2019	$	138,577
Additions due to acquisition (see Note 4)		192,507
Balance at end of period	$	331,084

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
March 31, 2020
Developed technology	2.6 years	$	156,100	$	97,193	$	58,907
Customer relationships	4.8 years		63,039		48,281		14,758
Backlog	— years		400		400		—
Trade names	1.5 years		10,700		7,794		2,906
License agreements	5.6 years		2,445		1,864		581
Other intangibles	— years		1,382		1,382		—
Total intangibles, net		$	234,066	$	156,914	$	77,152

	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				Nine Months Ended
	March 31, 2020		March 31, 2019		March 31, 2020		March 31, 2019
Amortization in “Cost of revenues: Product and Service”	$	6,629	$	4,890	$	20,094	$	14,726
Amortization of intangibles in "Operations"		2,059		1,292		6,366		5,008
Total amortization	$	8,688	$	6,182	$	26,460	$	19,734

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