Goodwill and Intangible Assets

3 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

The changes in the carrying amount of goodwill for the three months ended September 30, 2024 are as follows (in thousands):

	Domestic		International		Total
Balance at June 30, 2024	$	3,974,823	$	180,021	$	4,154,844
Goodwill acquired (1)	—		74		74
Foreign currency translation	636		10,461		11,097
Balance at September 30, 2024	$	3,975,459	$	190,556	$	4,166,015

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(1)Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable.

There were no impairments of goodwill during the periods presented.

Intangible Assets

Intangible assets consisted of the following (in thousands):

	September 30, 2024						June 30, 2024
	Gross carrying value		Accumulated amortization		Net carrying value		Gross carrying value		Accumulated amortization		Net carrying value
Customer contracts and related customer relationships	$	697,112	$	(363,603)	$	333,509	$	695,944	$	(353,159)	$	342,785
Acquired technologies	271,381		(147,803)		123,578		271,285		(139,716)		131,569
Total intangible assets	$	968,493	$	(511,406)	$	457,087	$	967,229	$	(492,875)	$	474,354

Amortization expense related to intangible assets was $18.0 million and $18.4 million for the three months ended September 30, 2024 and 2023, respectively.