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Goodwill and Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2014
Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill consisted of the following:

 

(In thousands)    At March 31, 2014      At June 30, 2013  

Balance at the beginning of the period

   $ 56,850       $ 56,850  

Current period acquisitions

     109,896         —    
  

 

 

    

 

 

 

Balance at the end of the period

   $ 166,746       $ 56,850  
  

 

 

    

 

 

 
Summarized Amounts Reported as Intangible Assets

The following summarizes the amounts reported as intangible assets:

 

(In thousands)    Gross
Carrying
Amount
     Accumlated
Amortization
    Net  

March 31, 2014:

       

Purchased licenses and technologies

   $ 201,100       $ (3,779   $ 197,321   

Customer relationships

     4,650         (1,325     3,325   

Trademarks

     3,000         (150     2,850  
  

 

 

    

 

 

   

 

 

 

Total amortizable intangible assets

     208,750         (5,254     203,496   
  

 

 

    

 

 

   

 

 

 

In-process research and development

     4,800        —          4,800  
  

 

 

    

 

 

   

 

 

 

Total non-amortizable intangible assets

     4,800        —          4,800  
  

 

 

    

 

 

   

 

 

 

Total intangible assets

   $ 213,550      $ (5,254   $ 208,296  
  

 

 

    

 

 

   

 

 

 

 

(In thousands)    Gross
Carrying
Amount
     Accumlated
Amortization
    Net  

June 30, 2013:

       

Purchased licenses and technologies

   $ 4,500       $ (2,644   $ 1,856   

Customer relationships

     4,650         (976     3,674   

Trademarks

     3,000         —          3,000   
  

 

 

    

 

 

   

 

 

 

Total amortizable intangible assets

     12,150         (3,620     8,530   
  

 

 

    

 

 

   

 

 

 

In-process research and development

     4,800         —          4,800   
  

 

 

    

 

 

   

 

 

 

Total non-amortizable intangible assets

     4,800         —          4,800   
  

 

 

    

 

 

   

 

 

 

Total intangible assets

   $ 16,950       $ (3,620   $ 13,330   
  

 

 

    

 

 

   

 

 

 
Amortization for Intangible Assets

The Company recorded amortization expense during the respective periods for these intangible assets as follows:

 

     Three months ended      Nine months ended  
     March 31,      March 31,  
(In thousands)    2014      2013      2014      2013  

Amortization on intangible assets

   $ 1,146       $ 194         1,634       $ 701