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Acquired Intangible Assets
6 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
 
As of December 31, 2018
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
1,092,226

 
$
(535,617
)
 
$
556,609

Customer assets
1,370,034

 
(642,344
)
 
727,690

Total
$
2,462,260

 
$
(1,177,961
)
 
$
1,284,299

 
 
 
 
 
 
 
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


Where applicable, the above balances as of December 31, 2018 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the six months ended December 31, 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 (six months ended June 30)
$
182,456

2020
313,755

2021
222,403

2022
202,849

2023
135,884

2024 and beyond
226,952

Total
$
1,284,299