Goodwill and Intangible Assets

12 Months Ended

Jun. 30, 2022

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, 2022		June 30, 2021
Balance at beginning of period		331,159	$	331,159
Additions due to acquisitions (see Note 4)		68,985		—
Balance at end of period	$	400,144	$	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, 2022
Developed technology	3.3 years	$	170,600	$	146,560	$	24,040
Customer relationships	3.9 years		64,839		56,704		8,135
Trade names	0.1 years		10,700		10,680		20
License agreements	4.4 years		2,445		2,125		320
Total intangibles, net		$	248,584	$	216,069	$	32,515

	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

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

	Year Ended
	June 30, 2022		June 30, 2021		June 30, 2020
Amortization of intangibles in “Total cost of revenues”	$	16,711	$	26,246	$	26,793
Amortization of intangibles in "Operations"		3,235		6,110		8,425
Total amortization expense	$	19,946	$	32,356	$	35,218

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:
2023	$	15,513
2024		5,571
2025		4,757
2026		3,411
2027		1,528
Thereafter		1,735
Total	$	32,515