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Acquired Intangibles (Tables)
9 Months Ended
Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Life, Gross Carrying Value and Related Accumulated Amortization of Acquired Intangible Assets

The following table summarizes the life, the gross carrying value and the related accumulated amortization of our acquired intangible assets as of March 31, 2017 and June 30, 2016 (in millions):

 

 

 

Weighted Average

Life in Years

 

 

March 31, 2017

 

 

June 30, 2016

 

Display driver technology

 

 

5.3

 

 

$

164.0

 

 

$

164.0

 

Fingerprint authentication technology

 

 

4.3

 

 

 

63.5

 

 

 

75.6

 

Customer relationships

 

 

2.8

 

 

 

48.4

 

 

 

48.4

 

Licensed technology and other

 

 

5.0

 

 

 

1.3

 

 

 

1.3

 

Patents

 

 

7.7

 

 

 

4.7

 

 

 

4.8

 

Supplier arrangement

 

 

 

 

 

 

-

 

 

 

22.0

 

Acquired intangibles, gross

 

 

4.5

 

 

 

281.9

 

 

 

316.1

 

Accumulated amortization

 

 

 

 

 

 

(166.8

)

 

 

(155.8

)

Acquired intangibles, net

 

 

 

 

 

$

115.1

 

 

$

160.3

 

 

Schedule of Expected Annual Aggregate Amortization Expense

The following table presents expected annual fiscal year aggregate amortization expense as of March 31, 2017 (in millions):

 

Remainder of 2017

 

$

14.1

 

2018

 

 

48.6

 

2019

 

 

34.2

 

2020

 

 

10.6

 

2021

 

 

3.5

 

2022

 

 

3.5

 

Thereafter

 

 

0.6

 

Future amortization

 

$

115.1