Schedule of Goodwill |
Changes in the carrying amount of goodwill by segment follows:
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ODS |
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AGP |
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Total |
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Goodwill as of March 31, 2023 |
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$ |
80,176 |
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$ |
481,400 |
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$ |
561,576 |
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Foreign currency translation |
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— |
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(2,930) |
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(2,930) |
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Goodwill as of June 30, 2023 |
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$ |
80,176 |
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$ |
478,470 |
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$ |
558,646 |
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Components of Intangible Assets |
The components of intangible assets were as follows as of the periods indicated:
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As of June 30, 2023 |
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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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12.02 years |
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$ |
169,131 |
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$ |
(44,674) |
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$ |
124,457 |
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Developed technology |
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5.04 years |
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146,609 |
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(43,988) |
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|
102,621 |
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Trade names |
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2.08 years |
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69,988 |
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(31,710) |
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|
38,278 |
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Publisher relationships |
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17.59 years |
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108,993 |
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(11,808) |
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|
97,185 |
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Total |
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|
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$ |
494,721 |
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|
$ |
(132,180) |
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|
$ |
362,541 |
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As of March 31, 2023 |
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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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12.06 years |
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$ |
170,281 |
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$ |
(39,925) |
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$ |
130,356 |
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Developed technology |
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5.28 years |
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146,596 |
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(38,813) |
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|
107,783 |
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Trade names |
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2.33 years |
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69,983 |
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(27,115) |
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|
42,868 |
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Publisher relationships |
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17.83 years |
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109,028 |
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(10,403) |
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|
98,625 |
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Total |
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$ |
495,888 |
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$ |
(116,256) |
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$ |
379,632 |
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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 2024 |
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$ |
48,272 |
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Fiscal year 2025 |
|
55,724 |
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Fiscal year 2026 |
|
41,460 |
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Fiscal year 2027 |
|
35,335 |
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Fiscal year 2028 |
|
35,335 |
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Thereafter |
|
146,415 |
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Total |
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$ |
362,541 |
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