Schedule of Goodwill |
Changes in the carrying amount of goodwill, net, by segment follows:
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ODS |
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AGP |
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Consolidated |
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Goodwill as of March 31, 2022 |
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$ |
80,176 |
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$ |
479,616 |
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$ |
559,792 |
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Foreign currency translation and purchase price adjustments |
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— |
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(4,829) |
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(4,829) |
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Goodwill as of June 30, 2022 |
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$ |
80,176 |
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$ |
474,787 |
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$ |
554,963 |
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Components of Intangible Assets |
The components of intangible assets as of June 30, 2022, and March 31, 2022, were as follows:
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As of June 30, 2022 |
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Weighted-Average Remaining Useful Life |
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Cost |
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Accumulated Amortization |
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Net |
Customer relationships |
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12.26 years |
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$ |
170,057 |
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$ |
(24,894) |
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$ |
145,163 |
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Developed technology |
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6.02 years |
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146,144 |
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(23,566) |
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122,578 |
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Trade names |
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3.08 years |
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69,865 |
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(13,243) |
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56,622 |
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Publisher relationships |
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18.56 years |
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108,638 |
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(6,092) |
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102,546 |
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Total |
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$ |
494,704 |
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$ |
(67,795) |
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$ |
426,909 |
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As of March 31, 2022 |
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Weighted-Average Remaining Useful Life |
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Cost |
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Accumulated Amortization |
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Net |
Customer relationships |
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12.01 years |
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$ |
171,060 |
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$ |
(19,636) |
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$ |
151,424 |
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Developed technology |
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6.26 years |
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144,581 |
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(18,103) |
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126,478 |
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Trade names |
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3.33 years |
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69,205 |
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(8,523) |
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60,682 |
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Publisher relationships |
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18.77 years |
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106,514 |
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(4,509) |
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102,005 |
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Total |
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$ |
491,360 |
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$ |
(50,771) |
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$ |
440,589 |
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Schedule of Future Amortization Expense |
Estimated amortization expense in future fiscal years is expected to be:
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Fiscal year 2023 |
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$ |
48,226 |
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Fiscal year 2024 |
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64,301 |
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Fiscal year 2025 |
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55,696 |
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Fiscal year 2026 |
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41,459 |
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Fiscal year 2028 |
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35,346 |
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Thereafter |
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181,881 |
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Total |
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$ |
426,909 |
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