Intangible Assets

6 Months Ended

Dec. 31, 2018

Finite Lived Intangible Assets Net [Abstract]

5.	Intangible Assets

Intangible assets consisted of the following (in thousands):

	December 31,			June 30,
	2018 (1)			2018
Intangible assets:
Customer contracts and related customer relationships	$	444,221		$	435,933
Acquired technologies		13,165			13,237
Other		800			804
Intangible assets		458,186			449,974
Less accumulated amortization:
Customer contracts and related customer relationships		(217,673	)		(199,018	)
Acquired technologies		(9,484	)		(8,761	)
Other		(473	)		(440	)
Less accumulated amortization		(227,630	)		(208,219	)
Total intangible assets, net	$	230,556		$	241,755

__________________

(1)

During the six months ended December 31, 2018, the Company removed $0.2 million in fully amortized intangible assets.

Intangible assets are primarily amortized on an accelerated basis over periods ranging from one to twenty years. The weighted-average period of amortization for all customer contracts and related customer relationships as of December 31, 2018 is 15.0 years, and the weighted-average remaining period of amortization is 11.5 years. The weighted-average period of amortization for acquired technologies as of December 31, 2018 is 7.0 years, and the weighted-average remaining period of amortization is 5.4 years.

Expected amortization expense for the remainder of the fiscal year ending June 30, 2019, and for each of the fiscal years thereafter, is as follows (in thousands):

Fiscal year ending June 30,	Amount
2019 (six months)	$	17,165
2020		32,440
2021		28,767
2022		25,000
2023		22,336
Thereafter		104,848
Total intangible assets, net	$	230,556