Goodwill and Intangible Assets

12 Months Ended

Jun. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

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

	June 30, 2020		June 30, 2019
Balance at beginning of period	$	138,577	$	139,082
Additions due to acquisitions (see Note 4)		192,582		—
Adjustments		—		(505	)
Balance at end of period	$	331,159	$	138,577

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

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2020
Developed technology	2.4 years	$	156,100	$	103,806	$	52,294
Customer relationships	4.8 years		63,039		49,598		13,441
Backlog	— years		400		400		—
Trade names	1.4 years		10,700		8,554		2,146
License agreements	5.8 years		2,445		1,932		513
Other intangibles	— years		1,382		1,382		—
Total intangibles, net		$	234,066	$	165,672	$	68,394

	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 following table summarizes the amortization expense of intangibles for the periods presented (in thousands):

	Year Ended
	June 30, 2020		June 30, 2019		June 30, 2018
Amortization in “Cost of revenues: Product and Service”	$	26,793	$	19,638	$	16,870
Amortization of intangibles in "Operations"		8,425		6,346		8,715
Total amortization	$	35,218	$	25,984	$	25,585

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.

The estimated future amortization expense to be recorded for each of the respective future fiscal years is as follows (in thousands):

For the fiscal year ending:
2021	$	32,356
2022		17,674
2023		12,278
2024		2,515
2025		1,700
Thereafter		1,871
Total	$	68,394