GOODWILL AND INTANGIBLE ASSETS (Tables)

14 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill for the two months ended June 30, 2021 are as follows:


(in 000s)
	Goodwill		Accumulated Impairment Losses		Net
Balances as of May 1, 2021	$	895,956	$	(138,297)	$	757,659

Acquisitions	166		—		166
Disposals and foreign currency changes, net	(3,304)		—		(3,304)
Impairments	—		—		—
Balances as of June 30, 2021	$	892,818	$	(138,297)	$	754,521

Schedule of Intangible Assets

Components of intangible assets are as follows:


(in 000s)
	Gross Carrying Amount		Accumulated Amortization		Net
As of June 30, 2021:
Reacquired franchise rights	$	370,405	$	(182,366)	$	188,039
Customer relationships	316,547		(255,294)		61,253
Internally-developed software	160,315		(119,460)		40,855
Noncompete agreements	41,228		(35,802)		5,426
Franchise agreements	19,201		(16,108)		3,093
Purchased technology	122,700		(74,913)		47,787
Trade name	5,800		(1,160)		4,640
	$	1,036,196	$	(685,103)	$	351,093










As of April 30, 2021:
Reacquired franchise rights	$	370,112	$	(179,356)	$	190,756
Customer relationships	316,508		(251,160)		65,348
Internally-developed software	156,308		(116,126)		40,182
Noncompete agreements	41,212		(35,484)		5,728
Franchise agreements	19,201		(15,894)		3,307
Purchased technology	122,700		(72,609)		50,091
Trade name	5,800		(1,064)		4,736

	$	1,031,841	$	(671,693)	$	360,148

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The amounts and weighted-

average lives of intangible assets acquired during the two months ended June 30, 2021, including amounts capitalized related to internally-developed software, are as follows:


(dollars in 000s)
	Amount		Weighted-Average life (in years)
Internally-developed software	$	4,051	3
Customer relationships	514		5
Reacquired franchise rights	200		7
Noncompete agreements	24		5
Total	$	4,789	3