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Acquired Intangible Assets
9 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
 
As of March 31, 2019
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
907,984

 
$
(384,313
)
 
$
523,671

Customer assets
1,400,641

 
(691,176
)
 
709,465

Total
$
2,308,625

 
$
(1,075,489
)
 
$
1,233,136

 
 
 
 
 
 
 
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 March 31, 2019 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the nine months ended March 31, 2019. The impact of this resulted in a reduction of $46.8 million related to Customer assets and $195.9 million related to Technology 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 (three months ended June 30)
$
92,081

2020
321,079

2021
229,729

2022
210,174

2023
143,209

2024 and beyond
236,864

Total
$
1,233,136