Goodwill and Intangible Assets

12 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

The changes in the carrying value of goodwill are as follows:

	Amount
	(in millions)
June 30, 2018	$	4.2
Acquisition	0.1
June 30, 2019	4.3
Acquisition	32.3
Foreign currency translation	2.6
June 30, 2020	$	39.1

The gross carrying amount and accumulated amortization of the Company's intangible assets, net, as of June 30, 2020 were as follows:

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life (Years)
Acquired developed technology	$	24.8	$	10.3	$	14.5	3.0
Definite-lived intangibles	1.6		0.1		1.5		4.7
Total intangible assets	$	26.4	$	10.4	$	16.0

The gross carrying amount and accumulated amortization of the Company's intangible assets, net, as of June 30, 2019 were as follows:

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life (Years)
Acquired developed technology	$	24.8	$	5.3	$	19.5	4.0

The Company recognized intangible asset amortization in the consolidated statements of operations in the amount of $5.1 million, $5.0 million, and $0.3 million for the fiscal years ended June 30, 2020, 2019, and 2018, respectively.

As of June 30, 2020, estimated amortization related to the Company's identifiable acquisition-related intangible assets in future periods were as follows:

Fiscal Year Ending June 30,	Amount
	(in millions)
2021	$	5.3
2022	5.3
2023	4.9
2024	0.3
2025	0.2
Total	$	16.0