Goodwill and Intangible Assets

12 Months Ended

Jun. 30, 2021

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, 2021		June 30, 2020
Balance at beginning of period	$	331,159	$	138,577
Additions due to acquisitions (see Note 4)		—		192,582
Balance at end of period	$	331,159	$	331,159

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, 2021
Developed technology	1.8 years	$	156,100	$	129,861	$	26,239
Customer relationships	4.8 years		63,039		54,204		8,835
Backlog	— years		400		400		—
Trade names	0.7 years		10,700		10,128		572
License agreements	5.4 years		2,445		2,053		392
Total intangibles, net		$	232,684	$	196,646	$	36,038

	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

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

	Year Ended
	June 30, 2021		June 30, 2020		June 30, 2019
Amortization of intangibles in “Total cost of revenues”	$	26,246	$	26,793	$	19,638
Amortization of intangibles in "Operations"		6,110		8,425		6,346
Total amortization expense	$	32,356	$	35,218	$	25,984

The amortization expense that is recognized in “Total cost of revenues” 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:
2022	$	17,674
2023		12,278
2024		2,515
2025		1,700
2026		1,700
Thereafter		171
Total	$	36,038