Acquisitions and Investments (Tables)

6 Months Ended

Dec. 31, 2020

Acquisitions

Schedule of intangible assets

	December 31, 2020						June 30, 2020
($ in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	$	84.5	$	(14.5)	$	70.0	$	77.9	$	(12.0)	$	65.9
Customer and distributor relationships		37.7		(18.6)		19.1		25.3		(17.2)		8.1
Developed technology		21.3		(4.2)		17.1		6.6		(3.5)		3.1
Other		1.3		(1.0)		0.3		1.4		(1.0)		0.4
Total	$	144.8	$	(38.3)	$	106.5	$	111.2	$	(33.7)	$	77.5

Schedule of unaudited pro forma combined results of operations

		Three Months Ended December 31,				Six Months Ended December 31,
(In thousands)		2020		2019		2020		2019
Revenues	$	382,911	$	274,293	$	762,518	$	543,223
Income (loss) from operations		38,881		23,304		51,347		(4,851)
Net income (loss)		25,033		13,758		38,159		(3,085)

MedCerts

Acquisitions

Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed

Allocation of Purchase Price
Cash	$	225
Current assets, excluding cash		5,054
Property and equipment, net		1,896
Intangible assets, net		26,607
Goodwill		50,814
Current liabilities		(2,201)
Deferred revenue		(1,562)
Total consideration	$	80,833

Schedule of intangible assets

Intangible Assets
			Estimated
Intangible Assets		Amount	Useful Life
		(In thousands)	(In years)
Customer relationships	$	12,072	5.84
Developed technology		11,970	7.00
Trade names		2,565	5.00
	$	26,607

Tech Elevator

Acquisitions

Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed

Allocation of Purchase Price
Cash	$	1,862
Current assets, excluding cash		469
Property and equipment, net		513
Operating lease right-of-use assets, net		724
Intangible assets, net		7,105
Goodwill		18,562
Other assets		377
Current liabilities		(1,009)
Deferred revenue		(534)
Deferred tax asset (liability)		(1,650)
Current operating lease liability		(420)
Long-term operating lease liability		(304)
Total consideration	$	25,695

Schedule of intangible assets

Intangible Assets
			Estimated
Intangible Assets		Amount	Useful Life
		(In thousands)	(In years)
Customer relationships	$	311	3.92
Developed technology		2,796	5.00
Trade names		3,998	15.00
	$	7,105

Galvanize

Acquisitions

Schedule estimated fair value of consideration paid and identifiable assets acquired and liabilities assumed

Allocation of Purchase Price
Cash	$	9,232
Current assets, excluding cash		8,888
Property and equipment, net		11,270
Operating lease right-of-use assets, net		100,232
Intangible assets, net		68,483
Goodwill		81,225
Other assets		1,802
Current liabilities		(4,370)
Deferred revenue		(3,374)
Deferred tax asset (liability)		2,372
Current operating lease liability		(11,620)
Long-term operating lease liability		(89,782)
Other long-term liabilities		(130)
Total consideration	$	174,228

Schedule of intangible assets

Intangible Assets
			Estimated
Intangible Assets		Amount	Useful Life
		(In thousands)	(In years)
Customer relationships	$	4,785	4.22
Developed technology		3,357	4.00
Trade names		60,341	15.00
	$	68,483