3.	Intangible Assets

Intangible assets consisted of the following (in thousands):

	September 30,			June 30,
	2017 ⁽¹⁾			2017
Intangible assets
Customer contracts and related customer relationships	$	408,554		$	635,895
Acquired technologies		9,477			28,503
Covenants not to compete		310			3,305
Other		800			1,545
Intangible assets		419,141			669,248
Less accumulated amortization
Customer contracts and related customer relationships		(184,664	)		(402,934	)
Acquired technologies		(7,678	)		(26,542	)
Covenants not to compete		(306	)		(3,288	)
Other		(385	)		(1,113	)
Accumulated amortization		(193,033	)		(433,877	)
Total intangible assets, net	$	226,108		$	235,371

__________________

⁽¹⁾

During the first quarter of FY18, the Company wrote off $250.7 million in fully amortized intangible assets.

Intangible assets are primarily amortized on an accelerated basis over periods ranging from one to fifteen years. The weighted-average period of amortization for all customer contracts and related customer relationships as of September 30, 2017 is 14.2 years, and the weighted-average remaining period of amortization is 11.0 years. The weighted-average period of amortization for acquired technologies as of September 30, 2017 is 9.5 years, and the weighted-average remaining period of amortization is 6.2 years.

Expected amortization expense for the remainder of the fiscal year ending June 30, 2018, and for each of the fiscal years thereafter, is as follows (in thousands):

Fiscal year ending June 30,	Amount
2018 (nine months)	$	26,888
2019		31,631
2020		27,153
2021		23,952
2022		20,657
Thereafter		95,827
Total intangible assets, net	$	226,108