Acquisitions (Tables)

9 Months Ended

Mar. 31, 2020

The following table summarizes the consideration for each acquisition as of the acquisition dates (in thousands):

	AmOne		CCM			MBT
Cash	$	23,032	$	8,281		$	4,511
Post-closing adjustments for net assets acquired		138		(72	)		—
Post-closing payments, net of imputed interest ⁽¹⁾		7,514		6,671			3,708
Contingent consideration		—		3,553			1,505
Total	$	30,684	$	18,433		$	9,724

⁽¹⁾	The post-closing payment is net of imputed interest of $486 thousand for AmOne, $829 thousand for CCM and $292 thousand for MBT.

Summary of Allocation of Purchase Price and Estimated Useful Lives of the Identifiable Assets Acquired

The following table summarizes the allocation of the purchase price and the estimated useful lives of the identifiable assets acquired as of the date of the acquisition (in thousands):

	AmOne		Estimated Useful Life	CCM		Estimated Useful Life	MBT		Estimated Useful Life
Customer/publisher/advertiser relationships	$	21,300	7 years	$	4,500	3-4 years	$	3,400	3-12 years
Website/trade/domain names		900	15 years		300	5 years		1,100	15 years
Acquired technology and others		500	3 years		—	n/a		—	n/a
Net assets		2,838	n/a		2,071	n/a		1,671	n/a
Goodwill		5,146	Indefinite		11,562	Indefinite		3,553	Indefinite
Total	$	30,684		$	18,433		$	9,724

Summary of Unaudited Pro Forma Financial Information Combined Results of Operations

The unaudited pro forma financial information in the table below summarizes the combined results of operations for the Company and the acquired businesses as though these acquisitions occurred as of the beginning of fiscal year 2018. The unaudited pro-forma financial information is presented for illustrative purposes only and do not necessarily reflect what the combined company’s results of operations would have been had the acquisitions occurred as of the beginning of fiscal year 2018, nor is it necessarily indicative of the future results of operations of the combined Company.


	Three Months Ended		Nine Months Ended
	March 31, 2019		March 31, 2019
	(In thousands)		(In thousands)
Net revenue	$	116,225	$	339,680
Net income		941		60,320