| Schedule of Estimated Useful Lives |
The estimated useful lives for each asset class are as follows: | | | | | | | Equipment | 3 years | | Computer hardware and computer-related software | 3 - 5 years | | Furniture and fittings | 5 years | | Leasehold improvements | Shorter of the remaining lease term or 7 years |
Property and equipment, net consisted of the following (in thousands): | | | | | | | | | | | | | As of June 30, | | 2026 | | 2025 | | Equipment | $ | 16,270 | | | $ | 15,008 | | | Computer hardware and software | 73,057 | | | 58,559 | | | Furniture and fittings | 27,676 | | | 25,217 | | | Leasehold improvements and other | 125,604 | | | 154,113 | | | | | | | Property and equipment, gross | 242,607 | | | 252,897 | | | Less: accumulated depreciation | (156,305) | | | (147,779) | | | Property and equipment, net | $ | 86,302 | | | $ | 105,118 | |
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| Schedule of Estimated Useful Lives for Intangible Assets |
The estimated useful lives for each intangible asset class are as follows: | | | | | | Patents, trademarks, and other rights | 3 - 12 years | | Customer relationships | 3 - 10 years | | Acquired developed technology | 3 - 7 years |
Intangible assets consisted of the following as of June 30, 2026 (in thousands): | | | | | | | | | | | | | | | | | | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Acquired developed technology | $ | 700,032 | | | $ | (356,383) | | | $ | 343,649 | | | Patents, trade names, and other rights | 118,928 | | | (50,555) | | | 68,373 | | | Customer relationships | 143,487 | | | (123,251) | | | 20,236 | | | Total Intangible Assets | $ | 962,447 | | | $ | (530,189) | | | $ | 432,258 | |
Intangible assets consisted of the following as of June 30, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Acquired developed technology | $ | 466,932 | | | $ | (278,525) | | | $ | 188,407 | | | Patents, trade names, and other rights | 70,928 | | | (37,337) | | | 33,591 | | | Customer relationships | 135,687 | | | (112,845) | | | 22,842 | | | Total Intangible Assets | $ | 673,547 | | | $ | (428,707) | | | $ | 244,840 | |
The weighted-average remaining useful lives of the Company’s acquired intangible assets as of June 30, 2026 are as follows: | | | | | | | | | | | Weighted-Average Remaining Useful Lives (years) | | Acquired developed technology | | 4 | | Patents, trade names, and other rights | | 4 | | Customer relationships | | 3 |
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