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Acquired Intangibles and Goodwill | 3 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Acquired Intangibles and Goodwill | . Acquired Intangibles and Goodwill Goodwill The following table represents the change in our goodwill balance for the three and twelve month periods ended September 2023 and June 2023, respectively (in millions):
| September |  |  | June |
| 2023 |  |  | 2023 |
Beginning balance | $ | 816.4 |  |  | $ | 806.6 |
Acquisition activity |  | — |  |  |  | 9.8 |
Ending balance | $ | 816.4 |  |  | $ | 816.4 |
Acquired Intangibles The following table summarizes the life, the gross carrying value and the related accumulated amortization of our acquired intangible assets (in millions):
|  |  |  |  | September 2023 |  |  | June 2023 |
|  | Weighted Average Life in Years |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
Audio and video technology |  |  | 5.6 |  |  | $ | 231.9 |  |  | $ | (158.1 | ) |  | $ | 73.8 |  |  | $ | 231.9 |  |  | $ | (150.7 | ) |  | $ | 81.2 |
Customer relationships |  |  | 4.1 |  |  |  | 158.2 |  |  |  | (123.0 | ) |  |  | 35.2 |  |  |  | 158.2 |  |  |  | (117.8 | ) |  |  | 40.4 |
Wireless connectivity technology |  |  | 5.6 |  |  |  | 171.5 |  |  |  | (65.6 | ) |  |  | 105.9 |  |  |  | 158.0 |  |  |  | (58.0 | ) |  |  | 100.0 |
Video interface technology |  |  | 3.0 |  |  |  | 82.0 |  |  |  | (82.0 | ) |  |  | — |  |  |  | 82.0 |  |  |  | (79.7 | ) |  |  | 2.3 |
Human presence detection technology |  |  | 5.0 |  |  |  | 5.2 |  |  |  | (1.0 | ) |  |  | 4.2 |  |  |  | 5.2 |  |  |  | (0.7 | ) |  |  | 4.5 |
Licensed technology and other |  |  | 4.4 |  |  |  | 10.8 |  |  |  | (9.1 | ) |  |  | 1.7 |  |  |  | 10.8 |  |  |  | (8.9 | ) |  |  | 1.9 |
Patents |  |  | 8.0 |  |  |  | 4.4 |  |  |  | (4.4 | ) |  |  | — |  |  |  | 4.4 |  |  |  | (4.3 | ) |  |  | 0.1 |
Tradename |  |  | 4.4 |  |  |  | 5.8 |  |  |  | (4.9 | ) |  |  | 0.9 |  |  |  | 5.8 |  |  |  | (4.7 | ) |  |  | 1.1 |
In process research and development |  | Not applicable |  |  |  | 67.0 |  |  |  | — |  |  |  | 67.0 |  |  |  | 67.0 |  |  |  | — |  |  |  | 67.0 |
Acquired intangibles totals |  |  | 4.9 |  |  | $ | 736.8 |  |  | $ | (448.1 | ) |  | $ | 288.7 |  |  | $ | 723.3 |  |  | $ | (424.8 | ) |  | $ | 298.5 |
The total amortization expense for the acquired intangible assets was $23.3 million and $33.0 million for the three months ended September 2023 and September 2022, respectively. During the three months ended September 2023 and September 2022, $17.8 million and $23.5 million, respectively, of amortization expense was included in our condensed consolidated statements of operations in cost of revenue; the remainder was included in acquired intangibles amortization. The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of September 2023 (in millions):
Remainder of 2024 |  | $ | 54.6 |
2025 |  |  | 71.4 |
2026 |  |  | 58.3 |
2027 |  |  | 23.5 |
2028 |  |  | 10.6 |
2029 |  |  | 3.3 |
Thereafter |  |  | — |
To be determined |  |  | 67.0 |
Future amortization |  | $ | 288.7 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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