SEC EDGAR · 10-Q
10-Q – 2025-11-06 – R13.htm
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XML 25 R13.htm IDEA: XBRL DOCUMENT v3.25.3 GOODWILL AND INTANGIBLE ASSETS 9 Months Ended Mar. 31, 2026 Goodwill and Intangible Assets Disclosure [Abstract] GOODWILL AND INTANGIBLE ASSETS NOTE 5: GOODWILL AND INTANGIBLE ASSETS Changes in the carrying amount of goodwill for the three months ended September 30, 2025 are as follows: (in 000s) Goodwill Accumulated Impairment Losses Net Balances as of July 1, 2025 $ 940,350 $ (138,297) $ 802,053 Acquisitions (1) 1,897 — 1,897 Disposals and foreign currency changes, net (6,211) — (6,211) Impairments — — — Balances as of September 30, 2025 $ 936,036 $ (138,297) $ 797,739 (1) All goodwill added during the period is expected to be tax-deductible for federal income tax reporting. We test goodwill for impairment annually as of February 1, or more frequently if events occur or circumstances change which would, more likely than not, reduce the fair value of a reporting unit below its carrying value. Components of intangible assets are as follows: (in 000s) Gross Carrying Amount Accumulated Amortization Net As of September 30, 2025: Reacquired franchise rights $ 417,736 $ (246,916) $ 170,820 Customer relationships 356,998 (292,643) 64,355 Internally-developed software 120,434 (117,622) 2,812 Noncompete agreements 23,178 (20,405) 2,773 Purchased technology 68,100 (56,899) 11,201 Trade name 5,800 (3,625) 2,175 $ 992,246 $ (738,110) $ 254,136 As of June 30, 2025: Reacquired franchise rights $ 415,700 $ (243,330) $ 172,370 Customer relationships 354,107 (287,067) 67,040 Internally-developed software 119,959 (117,604) 2,355 Noncompete agreements 23,070 (20,188) 2,882 Purchased technology 68,100 (55,655) 12,445 Trade name 5,800 (3,480) 2,320 $ 986,736 $ (727,324) $ 259,412 We made payments to acquire businesses totaling $5.1 million and $5.9 million during the three months ended September 30, 2025 and 2024, respectively. The amounts and weighted-average lives of intangible assets acquired during the three months e nded September 30, 2025, including amounts capitalized related to internally-developed software, a re as follows: (dollars in 000s) Amount Weighted-Average Life (in years) Customer relationships $ 3,043 5 Reacquired franchise rights 2,117 7 Internally-developed software 556 3 Noncompete agreements 127 5 Total $ 5,843 6 Amortization of intangible assets for the three months ended September 30, 2025 was $11.1 million compared to $12.9 million for the three months ended September 30, 2024. Estimated amortization of intangible assets for fiscal years ending June 30, 2026, 2027, 2028, 2029, and 2030 is $42.6 million, $36.1 million, $27.8 million, $19.1 million and $9.4 million, respectively. X - References No definition available. + Details Name: us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration X - Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details Name: us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: dtr-types:textBlockItemType Balance Type: na Period Type: duration