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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill

The following summarizes changes to the goodwill balance for the years ended June 30, 2018 and 2017:

 

 

 

Years Ended June 30,

 

 

 

 

2018

 

 

 

2017

 

Beginning balance

 

$

316.1

 

 

$

195.3

 

Acquisitions (see note 3)

 

 

-

 

 

 

116.3

 

Adjustments to acquisitions (see note 3)

 

 

1.9

 

 

 

3.6

 

Translation adjustments

 

 

0.6

 

 

 

0.9

 

Ending balance

 

$

318.6

 

 

$

316.1

 

 

Summarized Amounts Reported as Intangible Assets

The following summarizes the amounts reported as intangible assets:

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

At June 30, 2018:

 

Amount

 

 

Amortization

 

 

Net

 

Purchased licenses and technologies

 

$

526.4

 

 

$

(98.0

)

 

$

428.4

 

Customer relationships

 

 

4.6

 

 

 

(3.3

)

 

 

1.3

 

Trademarks

 

 

3.0

 

 

 

(1.0

)

 

 

2.0

 

Total amortizable intangible assets

 

 

534.0

 

 

 

(102.3

)

 

 

431.7

 

In-process research and development

 

 

23.5

 

 

 

 

 

 

23.5

 

Total unamortized intangible assets

 

 

23.5

 

 

 

 

 

 

23.5

 

Total intangible assets

 

$

557.5

 

 

$

(102.3

)

 

$

455.2

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

At June 30, 2017:

 

Amount

 

 

Amortization

 

 

Net

 

Purchased licenses and technologies

 

$

525.7

 

 

$

(61.3

)

 

$

464.4

 

Customer relationships

 

 

4.6

 

 

 

(2.8

)

 

 

1.8

 

Trademarks

 

 

3.0

 

 

 

(0.8

)

 

 

2.2

 

Total amortizable intangible assets

 

 

533.3

 

 

 

(64.9

)

 

 

468.4

 

In-process research and development

 

 

23.1

 

 

 

 

 

 

23.1

 

Total unamortized intangible assets

 

 

23.1

 

 

 

 

 

 

23.1

 

Total intangible assets

 

$

556.4

 

 

$

(64.9

)

 

$

491.5

 

 

Amortization for Intangible Assets

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

 

 

 

Years Ended June 30,

 

 

 

 

2018

 

 

 

2017

 

 

 

2016

 

Amortization of intangible assets

 

$

37.3

 

 

$

33.3

 

 

$

12.7