Goodwill and Purchased Intangibles Assets

3 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Purchased Intangibles Assets

Goodwill and Purchased Intangibles Assets

The changes in the carrying amount of goodwill for the three months ended June 30, 2022 consisted of the following (in thousands):

Goodwill as of March 31, 2022	$	163,677
Goodwill acquired	—
Goodwill as of June 30, 2022	$	163,677

Purchased intangible assets subject to amortization as of June 30, 2022 consisted of the following (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	27,500	$	(14,156)	$	13,344

Purchased intangible assets subject to amortization as of March 31, 2022 consisted of the following (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Developed technology	$	27,500	$	(11,864)	$	15,636

Amortization expense of purchased intangible assets was $2.3 million and $1.7 million for the three months ended June 30, 2022 and 2021, respectively, and is included in cost of revenue on the Company’s condensed consolidated statements of operations.

Estimated future amortization expense as of June 30, 2022 was as follows (in thousands):

Fiscal Years Ending March 31,	Estimated Future Amortization Expense
2023 (remaining nine months)	$	6,708
2024	4,633
2025	2,003
	$	13,344