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ACQUIRED INTANGIBLE ASSETS

9 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]


	As of March 31, 2022
	Cost		Accumulated Amortization		Net
Technology assets	$	1,001,167	$	(694,088)	$	307,079
Customer assets	1,599,646		(725,459)		874,187
Total	$	2,600,813	$	(1,419,547)	$	1,181,266

	As of June 30, 2021
	Cost		Accumulated Amortization		Net
Technology assets	$	1,003,730	$	(635,965)	$	367,765
Customer assets	1,386,533		(567,038)		819,495
Total	$	2,390,263	$	(1,203,003)	$	1,187,260

Where applicable, the above balances as of March 31, 2022 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, 2022. 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 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,
2022 (three months ended)	$	102,692
2023	348,540
2024	268,185
2025	156,819
2026	113,316
Thereafter	191,714
Total	$	1,181,266