Goodwill and Intangible Assets (Tables)
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12 Months Ended |
Jun. 30, 2026 |
| Intangible Asset, Goodwill and Other [Abstract] |
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| Schedule of Goodwill by Reportable Segment |
The changes in the carrying amount of goodwill for the years ended June 30 are as follows (in thousands): | | | | | | | | | | | | | | | | | | | Domestic | | International | | Total | | Balance at June 30, 2024 | $ | 3,974,823 | | | $ | 180,021 | | | $ | 4,154,844 | | Goodwill acquired (1) | 798,885 | | | 50,139 | | | 849,024 | | | Foreign currency translation | (297) | | | 18,234 | | | 17,937 | | | Balance at June 30, 2025 | 4,773,411 | | | 248,394 | | | 5,021,805 | | Goodwill acquired (1) | 1,464,476 | | | 10,057 | | | 1,474,533 | | Goodwill divested (2) | — | | | (3,666) | | | (3,666) | | | Foreign currency translation | 857 | | | (9,073) | | | (8,216) | | | Balance at June 30, 2026 | $ | 6,238,744 | | | $ | 245,712 | | | $ | 6,484,456 | |
______________________ (1) Includes goodwill initially allocated to new business combinations as well as measurement period adjustments, when applicable. (2) We recognized a $7.3 million gain on the divestiture of a business which is reported in indirect costs and selling expenses on the consolidated statement of operations.
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| Schedule of Intangible Assets |
Intangible assets, net consists of the following as of the dates presented (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | June 30, 2025 | | Gross carrying value | | Accumulated amortization | | Net carrying value | | Gross carrying value | | Accumulated amortization | | Net carrying value | | Customer contracts and related customer relationships | $ | 1,725,053 | | | $ | (546,140) | | | $ | 1,178,913 | | | $ | 1,062,718 | | | $ | (432,520) | | | $ | 630,198 | | | Acquired technologies | 1,073,225 | | | (179,147) | | | 894,078 | | | 646,823 | | | (185,745) | | | 461,078 | | | Total intangible assets | $ | 2,798,278 | | | $ | (725,287) | | | $ | 2,072,991 | | | $ | 1,709,541 | | | $ | (618,265) | | | $ | 1,091,276 | |
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| Schedule of Estimated Annual Amortization Expense |
As of June 30, 2026, the estimated annual amortization expense is as follows (in thousands): | | | | | | | Fiscal year ending June 30, | | | 2027 | $ | 216,608 | | | 2028 | 205,944 | | | 2029 | 197,106 | | | 2030 | 185,454 | | | 2031 | 168,190 | | | Thereafter | 1,099,689 | | | Total | $ | 2,072,991 | |
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