Goodwill and Intangible Assets (Tables)

3 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill

Goodwill, which is primarily attributable to expected synergies from acquisitions and is not deductible for U.S. federal and state income tax purposes, consisted of the following (in thousands):

	September 30,			June 30,
	2021			2021
Balance, beginning	$	1,772,043		$	—
Addition related to acquisition during the period		585,448			1,772,043
Measurement period adjustments		(2,679	)		—
Balance, ending	$	2,354,812		$	1,772,043

Schedule of Intangible Assets

Intangible assets consisted of the following (amounts in thousands):

	Gross amount						Accumulated amortization									Net carrying amount				Weighted- average remaining useful life (in years)
	June 30, 2021		Additions		September 30, 2021		June 30, 2021			Amortization expense			September 30, 2021			June 30, 2021		September 30, 2021
Customer relationships	$	198,000	$	61,269	$	259,269	$	(2,062	)	$	(5,049	)	$	(7,111	)	$	195,938	$	252,158	9.7
Developed technology		191,000		15,908		206,908		(2,653	)		(8,401	)		(11,054	)		188,347		195,854	5.5
Trade name		34,000		14,042		48,042		(944	)		(3,222	)		(4,166	)		33,056		43,876	2.8
Total	$	423,000	$	91,219	$	514,219	$	(5,659	)	$	(16,672	)	$	(22,331	)	$	417,341	$	491,888	7.4

Schedule of Amortization of Finite-Lived Intangible Assets

Amortization of finite-lived intangible assets was as follows during the three months ended September 30, 2021 (in thousands):

Cost of revenue	$	8,401
Sales and marketing		8,271
Total	$	16,672

Schedule of Future Amortization of Finite-Lived Intangible Assets

As of September 30, 2021, future amortization of finite-lived intangible assets that will be recorded in cost of revenue and operating expenses is estimated as follows (in thousands):

Fiscal years ending June 30:	Amount
2022	$	59,306
2023		79,075
2024		78,147
2025		59,425
2026		57,763
Thereafter		158,172
Total	$	491,888