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Note 4: Other Assets | 12 Months Ended
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Jun. 30, 2011
Deferred Costs, Capitalized, Prepaid, and Other Assets |
Other Assets Disclosure [Text Block] | NOTE 4: OTHER ASSETS Goodwill Changes in the carrying amount of goodwill for the years ended June 30, 2011 and 2010, by reportable segments, are:
|  | Banking Systems and Services |  | Credit Union Systems and Services |  | Total
Balance, as of July 1, 2009 |  | $ 267,602 |  | $ 24,798 |  | $ 292,400
Goodwill acquired during the year |  | 136,347 |  | 104,773 |  | 241,120
Balance, as of June 30, 2010 |  | 403,949 |  | 129,571 |  | 533,520
Goodwill acquired during the year |  | - |  | - |  | -
Balance, as of June 30, 2011 |  | $ 403,949 |  | $ 129,571 |  | $ 533,520
The banking systems and services segment additions for fiscal 2010 relate primarily to the acquisitions of iPay and GFSI. The credit union systems and services segment additions for fiscal 2010 relate to the acquisitions of iPay and PTSI. See Note 12 for further details. Trade names & Customer relationships Information regarding other identifiable intangible assets is as follows:
|  |  | June 30,
|  |  | 2011 |  | 2010
|  |  | Carrying |  | Accumulated |  |  |  | Carrying |  | Accumulated |  |
|  |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
Customer relationships | $ 278,617 |  | $ (99,484) |  | $ 179,133 |  | $ 279,273 |  | $ (82,945) |  | $ 196,328
Trade names |  | 11,064 |  | (467) |  | 10,597 |  | 11,064 |  | (249) |  | 10,815
Totals |  |  | $ 289,681 |  | $ (99,951) |  | $ 189,730 |  | $ 290,337 |  | $ (83,194) |  | $ 207,143
Most of our trade name assets have been determined to have indefinite lives and are not amortized. Customer relationships have lives ranging from five to 20 years. Computer software Computer software includes the unamortized cost of software products developed or acquired by the Company, which are capitalized and amortized over useful lives ranging from five to ten years. Following is an analysis of the computer software capitalized:
|  | Carrying |  | Accumulated |  |
|  | Amount |  | Amortization |  | Total
Balance, July 1, 2009 |  | $ 129,271 |  | $ (46,592) |  | $ 82,679
Acquired software |  | 30,801 |  | (4,870) |  | 25,931
Capitalized development cost |  | 25,586 |  | - |  | 25,586
Disposals |  | (783) |  | 16 |  | (767)
Amortization expense |  | - |  | (17,782) |  | (17,782)
Balance, June 30, 2010 |  | 184,875 |  | (69,228) |  | 115,647
Capitalized development cost |  | 26,954 |  | - |  | 26,954
Disposals |  | (2,371) |  | 1,795 |  | (576)
Amortization expense |  | - |  | (31,189) |  | (31,189)
Balance, June 30, 2011 |  | $ 209,458 |  | $ (98,622) |  | $ 110,836
Amortization expense for all intangible assets was $48,602, $34,919, and $25,288 for the fiscal years ended June 30, 2011, 2010, and 2009, respectively. The estimated aggregate future amortization expense for each of the next five years for all intangible assets remaining as of June 30, 2011, is as follows:
Year |  | Software |  | Customer Relationships |  | Total
2012 |  | 29,543 |  | 16,169 |  | 45,712
2013 |  | 23,541 |  | 14,805 |  | 38,346
2014 |  | 19,629 |  | 14,805 |  | 34,434
2015 |  | 13,575 |  | 14,050 |  | 27,625
2016 |  | 6,263 |  | 13,427 |  | 19,690

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