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Business Combinations (Tables)
12 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of Preliminary Purchase Price Allocation
The following table represents the purchase price allocation and summarizes the aggregate estimated fair value of the net assets acquired on the closing date of the acquisition:
 
Purchase Price Allocation
 
(in thousands)
Intangible assets
$
48,500

Assets acquired (including cash of $8.7 million)
11,463

Goodwill
98,917

Liabilities assumed
(21,269
)
Fair value of net assets acquired
$
137,611


Schedule of Identified Intangible Assets Assumed in the Acquisition
The identified intangible assets assumed in the acquisition of Coventor were recognized as follows based upon their fair values as of August 28, 2017:
 
Fair Value
 
Weighted-Average Estimated Useful Life
 
(In thousands)
 
(In years)
Existing technology
$
26,200

 
6.0
Customer relationships
15,000

 
6.0
Trade names and other intangible assets
7,300

 
6.4
Total identified intangible assets
$
48,500

 
6.0