Goodwill and Intangible Assets (Tables)

6 Months Ended

Dec. 31, 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):

	December 31,			June 30,
	2021			2021
Balance, beginning	$	1,772,043		$	—
Addition related to acquisition during the period		585,448			1,772,043
Measurement period adjustments		(2,660	)		—
ASU 2021-08 adoption		8,278			—
Balance, ending	$	2,363,109		$	1,772,043

Schedule of Intangible Assets

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

	Gross amount						Accumulated amortization									Net carrying amount
	June 30, 2021		Additions		December 31, 2021		June 30, 2021			Amortization expense			December 31, 2021			June 30, 2021		December 31, 2021		Weighted- average remaining useful life (in years)
Customer relationships	$	198,000	$	61,269	$	259,269	$	(2,062	)	$	(11,530	)	$	(13,592	)	$	195,938	$	245,677	9.5
Developed technology		191,000		15,908		206,908		(2,653	)		(17,686	)		(20,339	)		188,347		186,569	5.2
Trade name		34,000		14,042		48,042		(944	)		(7,224	)		(8,168	)		33,056		39,874	2.5
Total	$	423,000	$	91,219	$	514,219	$	(5,659	)	$	(36,440	)	$	(42,099	)	$	417,341	$	472,120	7.2

Schedule of Amortization of Finite-Lived Intangible Assets

Amortization of finite-lived intangible assets was as follows during the three and six months ended December 31, 2021 (in thousands):

	Three months ended		Six months ended
	December 31, 2021		December 31, 2021
Cost of revenue	$	9,285	$	17,686
Sales and marketing		10,483		18,754
Total	$	19,768	$	36,440

Schedule of Future Amortization of Finite-Lived Intangible Assets

As of December 31, 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
Remainder of 2022	$	39,537
2023		79,075
2024		78,147
2025		59,425
2026		57,763
2027		55,094
Thereafter		103,079
Total	$	472,120