Goodwill and Acquired Intangible Assets (Notes)

12 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The carrying amount of goodwill by segment as of June 30, 2013 and June 30, 2014 is as follows:



	Vistaprint Business Unit			All Other Business Units			Total
Balance as of June 30, 2012 (1)	$	134,805		$	5,624		$	140,429
Adjustments	(679		)	—			(679		)
Effect of currency translation adjustments (2)	996			147			1,143
Balance as of June 30, 2013	135,122			5,771			140,893
Acquisitions	—			174,887			174,887
Effect of currency translation adjustments (2)	2,885			(1,478		)	1,407
Balance as of June 30, 2014	$	138,007		$	179,180		$	317,187

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(1) Our segment reporting has been revised as of July 1, 2014 and, as such, we have re-allocated our goodwill by segment for the historical periods presented. See Note 17 for additional details.

(2) Relates to goodwill held by subsidiaries whose functional currency is not the U.S. Dollar.

Acquired Intangible Assets



	June 30, 2014							June 30, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Trade Name	$	32,092	$	(4,495	)	$	27,597	$	9,407	$	(2,393	)	$	7,014
Developed Technology	27,205		(13,404		)	13,801		14,103		(8,267		)	5,836
Customer Relationships	77,774		(12,164		)	65,610		20,816		(6,938		)	13,878
Customer Network	4,876		(1,670		)	3,206		4,600		(991		)	3,609
Total Intangible Assets	$	141,947	$	(31,733	)	$	110,214	$	48,926	$	(18,589	)	$	30,337

Acquired intangible assets amortization expense for the years ended June 30, 2014, 2013 and 2012 was $12,723, $10,778, and $6,172, respectively. Estimated intangible assets amortization expense for each of the five succeeding fiscal years is as follows:



2015	$	20,342
2016	18,089
2017	16,219
2018	13,046
2019	9,216
	$	76,912

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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