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Goodwill And Intangible Assets
 12 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets
NOTE 6: GOODWILL AND INTANGIBLE ASSETS
Changes in the carrying amount of goodwill for the periods ended June 30, 2024 and 2023 are as follows:
(in 000s)
GoodwillAccumulated Impairment LossesNet
Balances as of July 1,2022$898,698 $(138,297)$760,401 
Acquisitions(1)
23,832 — 23,832 
Disposals and foreign currency changes, net(8,780)— (8,780)
Impairments— — — 
Balances as of June 30, 2023913,750 (138,297)775,453 
Acquisitions(1)
19,086 — 19,086 
Disposals and foreign currency changes, net(9,313)— (9,313)
Impairments— — — 
Balances as of June 30, 2024$923,523 $(138,297)$785,226 
(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
June 30, 2024:
Reacquired franchise rights$403,955 $(228,157)$175,798 
Customer relationships331,435 (270,245)61,190 
Internally-developed software122,673 (119,610)3,063 
Noncompete agreements21,977 (19,494)2,483 
Purchased technology70,100 (51,432)18,668 
Trade name5,800 (2,900)2,900 
$955,940 $(691,838)$264,102 
June 30, 2023:
Reacquired franchise rights$392,452 $(212,495)$179,957 
Customer relationships351,695 (301,062)50,633 
Internally-developed software133,380 (120,054)13,326 
Noncompete agreements42,596 (39,617)2,979 
Franchise agreements19,201 (18,668)533 
Purchased technology122,700 (96,565)26,135 
Trade name5,800 (2,320)3,480 
$1,067,824 $(790,781)$277,043 
Amortization of intangible assets from continuing operations for the fiscal years ended June 30, 2024, 2023 and 2022 was $61.1 million, $72.0 million and $77.5 million, respectively. Estimated amortization of intangible assets for fiscal years 2025, 2026, 2027, 2028 and 2029 is $43.3 million, $33.6 million, $27.0 million, $19.1 million and $11.1 million, respectively.
We made payments to acquire businesses totaling $43.4 million, $48.2 million and $35.9 million during the fiscal years ended June 30, 2024, 2023 and 2022, respectively. The amounts and weighted-average lives of assets acquired during fiscal year 2024 are as follows:
(dollars in 000s)
AmountWeighted-Average Life (in years)
Customer relationships$35,040 5
Reacquired franchise rights11,778 5
Noncompete agreements1,611 5
Total$48,429 5