| Goodwill and Intangible Assets |
Goodwill and Intangible Assets Goodwill There were no changes to the carrying amount of goodwill for the three months ended September 30, 2026. Intangible Assets Intangible assets acquired through business combinations consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Useful Life (In years) | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Client relationships | 9 to 15 | | $ | 52,074 | | | $ | (37,917) | | | $ | 14,157 | | | Non-compete agreements | 3 to 5 | | 4,907 | | | (4,865) | | | 42 | | | Trademarks and trade names | Indefinite | | 4,778 | | | — | | | 4,778 | | | | | | | | | | | Core technology | 2 to 7 | | 68,090 | | | (59,924) | | | 8,166 | | | | | | | | | | | Intangible assets, net | | | $ | 129,849 | | | $ | (102,706) | | | $ | 27,143 | |
| | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Useful Life (In years) | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Client relationships | 9 to 15 | | $ | 52,074 | | | $ | (36,934) | | | $ | 15,140 | | | Non-compete agreements | 3 to 5 | | 4,907 | | | (4,850) | | | 57 | | | Trademarks and trade names | Indefinite | | 4,778 | | | — | | | 4,778 | | | Trademarks and trade names | 5 to 10 | | 3,625 | | | (3,625) | | | — | | | Core technology | 2 to 7 | | 68,090 | | | (59,064) | | | 9,026 | | | Backlog | 2 | | 1,027 | | | (1,027) | | | — | | | Intangible assets, net | | | $ | 134,501 | | | $ | (105,500) | | | $ | 29,001 | |
Amortization expense related to acquired intangible assets was recognized as follows (in thousands): | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | Cost of subscription | $ | 860 | | | $ | 1,711 | | | Sales and marketing | 984 | | | 1,100 | | | General and administrative | 15 | | | 57 | | | Total amortization expense | $ | 1,859 | | | $ | 2,868 | |
As of September 30, 2026, the estimated future amortization expense for acquired intangible assets is as follows (in thousands): | | | | | | | Fiscal Year Ending June 30, | Amount | | 2027 (remaining 9 months) | $ | 5,553 | | | 2028 | 6,915 | | | 2029 | 5,030 | | | 2030 | 2,295 | | | 2031 | 1,365 | | | 2032 and thereafter | 1,207 | | | Total remaining amortization | $ | 22,365 | |
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