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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS:
Goodwill represents the excess of the consideration transferred over the net assets recognized and represents the estimated future economic benefits arising from other assets acquired.
Changes in the carrying amount of goodwill are presented below:
Balance at July 1, 2020$733,801 
7Geese Acquisition15,793 
Foreign currency translation1,208 
Balance at June 30, 2021$750,802 
Foreign currency translation(647)
Balance at June 30, 2022$750,155 
Components of intangible assets were as follows:
 June 30,
2022		June 30,
2021
Cost:
  Technology$142,165 $140,665 
  Customer relationships443,187 434,983 
  Trade name105,672 105,672 
Total cost$691,024 $681,320 
Accumulated amortization:
  Technology$(135,982)$(116,669)
  Customer relationships(266,129)(190,538)
  Trade name(25,844)(18,790)
Total accumulated amortization$(427,955)$(325,997)
Intangible assets, net$263,069 $355,323 
Amortization expense for intangible assets was approximately $101,959, $125,590, and $120,862 for the fiscal years ended June 30, 2022, 2021, and 2020 respectively.
The following is a schedule of future amortization expense as of June 30, 2022:
2023$89,516 
202483,380 
202531,478 
20267,043 
20277,043 
Thereafter44,609 
$263,069