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ACQUIRED INTANGIBLE ASSETS
 6 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of December 31, 2021
CostAccumulated AmortizationNet
Technology assets$951,339 $(648,562)$302,777 
Customer assets1,722,395 (670,169)1,052,226 
Total$2,673,734 $(1,318,731)$1,355,003 
As of June 30, 2021
CostAccumulated AmortizationNet
Technology assets$1,003,730 $(635,965)$367,765 
Customer assets1,386,533 (567,038)819,495 
Total$2,390,263 $(1,203,003)$1,187,260 
Where applicable, the above balances as of December 31, 2021 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, 2021. The impact of this resulted in a reduction of $91.0 million to technology assets cost and accumulated amortization.
The weighted average amortization periods for acquired technology and customer intangible assets are approximately five 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,
2022 (six months ended)$210,184 
2023358,142 
2024277,100 
2025165,527 
2026121,780 
Thereafter222,270 
Total$1,355,003