v3.26.1
Goodwill
12 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Disclosure [Text Block]
The carrying amount of goodwill by reportable segment as of June 30, 2026 and 2025 was as follows:
VistaPrintPrintBrothersThe Print GroupAll Other BusinessesTotal
Balance as of June 30, 2024$295,285 $149,244 $147,688 $194,921 $787,138 
Acquisitions— 1,121 — — 1,121 
Effect of currency translation adjustments (2)9,521 14,415 13,961 — 37,897 
Balance as of June 30, 2025$304,806 $164,780 $161,649 $194,921 $826,156 
Acquisitions (1)— 4,984 30,858 — 35,842 
Adjustments— (671)— — (671)
Effect of currency translation adjustments (2)(1,577)(4,309)(4,663)— (10,549)
Balance as of June 30, 2026$303,229 $164,784 $187,844 $194,921 $850,778 
________________________
(1) In fiscal year 2026, we completed three individually immaterial acquisitions. Refer to Note 7 for additional details.
(2) Related to goodwill held by subsidiaries whose functional currency is not the U.S. dollar.
Annual Impairment Review
Fiscal years 2026 and 2025
Our goodwill accounting policy establishes an annual goodwill impairment test date of May 31. We identified nine and eight reporting units for fiscal year 2026 and 2025 with goodwill individually, respectively. We considered the timing of our most recent fair value assessments, associated headroom, actual operating results as compared to the forecasts used to assess fair value, the current long-term forecasts for each reporting unit, and the general economic environment of each reporting unit. After performing this qualitative assessment, we determined that there was no indication the carrying values for any of these reporting units exceeded their respective fair values. We concluded that sufficient headroom between the most recent estimated fair value and carrying value existed. Therefore, no quantitative goodwill impairment test was required for any of our reporting units.
Fiscal year 2024
For our annual goodwill impairment test date of May 31, 2024, after performing the initial qualitative assessment, we determined that there was no indication the carrying values for six of our eight reporting units exceeded their respective fair values. For the two remaining reporting units, which included Exaprint, which is part of The Print Group reportable segment, and BuildASign, which is included in the All Other Businesses reportable segment, we performed a quantitative goodwill impairment test that compared the estimated fair value to carrying value. We used the income approach, specifically the discounted cash flow method, to derive the fair value. As required, prior to performing the quantitative goodwill impairment test for the two reporting units mentioned above, we first evaluated the recoverability of long-lived assets and concluded that no impairment of long-lived assets existed. For both reporting units, we concluded that sufficient headroom between the estimated fair value and carrying value existed and that no goodwill impairment was identified.
Acquired Intangible Assets
June 30, 2026June 30, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Trade name$148,063 $(103,786)$44,277 $146,240 $(95,690)$50,550 
Developed technology103,590 (100,191)3,399 96,916 (96,178)738 
Customer relationships212,985 (195,159)17,826 197,314 (196,931)383 
Customer network and other24,919 (19,841)5,078 25,227 (18,550)6,677 
Print network25,123 (25,123)— 25,799 (25,799)— 
Total intangible assets$514,680 $(444,100)$70,580 $491,496 $(433,148)$58,348 
    Acquired intangible assets amortization expense for the years ended June 30, 2026, 2025, and 2024 was $13,792, $19,062, and $31,443 respectively. Estimated intangible assets amortization expense for each of the five succeeding fiscal years and thereafter is as follows:

2027$15,179 
202813,295 
202911,104 
20309,389 
20318,635 
Thereafter12,978 
$70,580