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

The following summarizes changes to the goodwill balance for the three months ended September 30, 2018

 

 

 

Carrying

amount

 

Beginning balance July 1, 2018

 

$

318.6

 

Acquisitions

 

 

94.9

 

Translation adjustments

 

 

(0.2

)

Ending balance September 30, 2018

 

$

413.3

 

 

Summarized Amounts Reported as Intangible Assets

The following summarizes the amounts reported as intangible assets

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

At September 30, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

Purchased licenses and technologies

 

$

819.1

 

 

$

(111.4

)

 

$

707.7

 

Customer relationships

 

 

4.6

 

 

 

(3.4

)

 

 

1.2

 

Trademarks

 

 

3.0

 

 

 

(1.0

)

 

 

2.0

 

Total amortized intangible assets

 

 

826.7

 

 

 

(115.8

)

 

 

710.9

 

In-process research and development

 

 

23.3

 

 

 

 

 

 

23.3

 

Total unamortized intangible assets

 

 

23.3

 

 

 

 

 

 

23.3

 

Total intangible assets

 

$

850.0

 

 

$

(115.8

)

 

$

734.2

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

At June 30, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

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 amortized 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

 

 

Amortization for Intangible Assets

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

 

 

 

Three months ended

 

 

 

September 30,

 

 

 

2018

 

 

2017

 

Amortization of intangible assets

 

$

13.4

 

 

$

9.3