XML 26 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquired Intangible Assets
3 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
 
As of September 30, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
985,226

 
$
(487,251
)
 
$
497,975

Customer assets
1,301,734

 
(596,425
)
 
705,309

Total
$
2,286,960

 
$
(1,083,676
)
 
$
1,203,284

 
 
 
 
 
 
 
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


The above balances as of September 30, 2018 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the three months ended September 30, 2018. The impact of this resulted in a reduction of $46.8 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 (nine months ended June 30)
$
259,048

2020
280,888

2021
190,763

2022
177,208

2023
115,015

2024 and beyond
180,362

Total
$
1,203,284