XML 31 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquired Intangible Assets
12 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS
ACQUIRED INTANGIBLE ASSETS
 
As of June 30, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
985,226

 
$
(439,774
)
 
$
545,452

Customer assets
1,348,510

 
(597,325
)
 
751,185

Total
$
2,333,736

 
$
(1,037,099
)
 
$
1,296,637

 
 
 
 
 
 
 
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


The above balances as of June 30, 2018 have been reduced to reflect the impact of intangible assets relating to acquisitions where the gross cost has become fully amortized during the year ended June 30, 2018. The impact of this resulted in a reduction of $19.0 million related to Technology assets and $3.0 million related to Customer assets.
The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight years, respectively.
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,
2019
$
352,401

2020
280,888

2021
190,763

2022
177,208

2023
115,015

2024 and beyond
180,362

Total
$
1,296,637