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Acquired Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Calculation of Acquired Intangibles by Asset Class
 
As of June 30, 2017
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
930,841

 
$
(272,872
)
 
$
657,969

Customer assets
1,230,806

 
(416,233
)
 
814,573

Total
$
2,161,647

 
$
(689,105
)
 
$
1,472,542

 
 
 
 
 
 
 
As of June 30, 2016
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
359,573

 
$
(155,848
)
 
$
203,725

Customer assets
790,506

 
(347,991
)
 
442,515

Total
$
1,150,079

 
$
(503,839
)
 
$
646,240

Calculation of Estimated Future Amortization Expense
The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
 
Fiscal years ending
June 30,
2018
$
338,332

2019
310,933

2020
239,419

2021
165,212

2022
158,722

2023 and beyond
259,924

Total
$
1,472,542