XML 22 R12.htm IDEA: XBRL DOCUMENT v3.22.2.2
GOODWILL AND INTANGIBLE ASSETS
3 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
(6) GOODWILL AND INTANGIBLE ASSETS
Goodwill
At September 30, 2022 and June 30, 2022, the Company had goodwill balances recorded at Supply Chain Services and Performance Services of $388.5 million and $611.4 million, respectively.
Intangible Assets, Net
Intangible assets, net consisted of the following (in thousands):
Useful LifeSeptember 30, 2022June 30, 2022
Member relationships14.7 years$386,100 $386,100 
Technology7.2 years98,017 98,017 
Customer relationships10.4 years47,830 47,830 
Trade names6.9 years17,210 17,210 
Non-compete agreements5.2 years17,315 17,315 
Other (a)
10.2 years7,682 7,682 
Total intangible assets574,154 574,154 
Accumulated amortization(228,034)(217,582)
Total intangible assets, net$346,120 $356,572 
_________________________________
(a)Includes a $1.0 million indefinite-lived asset.
Intangible asset amortization was $10.5 million and $10.9 million for the three months ended September 30, 2022 and 2021, respectively.