Goodwill And Intangible Assets, Net (Tables)

12 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets, Net [Abstract]

Summary Of Movement In Carrying Value Of Goodwill


		Gross			Accumulated			Carrying
		value			impairment			value
Balance as of July 1, 2016	$	179,478		$	-		$	179,478
Acquisition of Ceevo FS (Note 3)		2,475			-			2,475
Foreign currency adjustment⁽¹⁾		6,880			-			6,880
Balance as of June 30, 2017		188,833			-			188,833
Impairment loss		-			(20,917	)		(20,917	)
Foreign currency adjustment⁽¹⁾		1,019			144			1,163
Balance as of June 30, 2018		189,852			(20,773	)		169,079
Impairment loss		-			(14,440	)		(14,440	)
Foreign currency adjustment⁽¹⁾		(5,308	)		56			(5,252	)
Balance as of June 30, 2019	$	184,544		$	(35,157	)	$	149,387

(1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, the Euro and the Korean won, and the U.S. dollar on the carrying value.

Goodwill Allocated To Reportable Segments


		South						Financial
		African			International			inclusion and
		transaction			transaction			applied			Carrying
		processing			processing			technologies			value
Balance as of July 1, 2016	$	20,425		$	136,185		$	22,868		$	179,478
Acquisition of Ceevo FS (Note 3)		-			2,475			-			2,475
Foreign currency adjustment⁽¹⁾		2,706			1,910			2,264			6,880
Balance as of June 30, 2017		23,131			140,570			25,132			188,833
Impairment loss		(1,052	)		(19,865	)		-			(20,917	)
Foreign currency adjustment⁽¹⁾		(1,133	)		3,243			(947	)		1,163
Balance as of June 30, 2018		20,946			123,948			24,185			169,079
Impairment of goodwill		(1,180	)		(7,011	)		(6,249	)		(14,440	)
Foreign currency adjustment⁽¹⁾		(558	)		(4,209	)		(485	)		(5,252	)
Balance as of June 30, 2019	$	19,208		$	112,728		$	17,451		$	149,387

(1) – the foreign currency adjustment represents the effects of the fluctuations between the South African rand, the Euro and the Korean won, and the U.S. dollar on the carrying value.

Fair Value Of Intangible Assets Acquired


			Weighted-
		Fair value as	Average
		of acquisition	Amortization
		date	period (in years)
Finite-lived intangible asset:
Acquired during the year ended June 30, 2017
Pros Software – customer relationships	$	2,311	0.75
Ceevo FS – customer relationships		186	0.65
Ceevo FS – software and unpatented technology		147	1.25

Indefinite-lived intangible asset:
Acquired during the year ended June 30, 2017
Ceevo FS – Financial institution license	$	745	n/a

Carrying Value And Accumulated Amortization Of Intangible Assets


		As of June 30, 2019							As of June 30, 2018
		Gross					Net		Gross					Net
		carrying		Accumulated			carrying		carrying		Accumulated			carrying
		value		amortization			value		value		amortization			value
Finite-lived intangible assets:
Customer relationships	$	96,653		$(86,285	)	$	10,368	$	100,421	$	(76,237	)	$	24,184
Software and unpatented
technology		32,071		(31,829	)		242		33,121		(32,342	)		779
FTS patent		2,721		(2,721	)		-		2,792		(2,792	)		-
Exclusive licenses		-		-			-		4,506		(4,506	)		-
Trademarks		6,772		(6,265	)		507		6,962		(5,589	)		1,373
Total finite-lived intangible
assets		138,217		(127,100	)		11,117		147,802		(121,466	)		26,336
Indefinite-lived intangible assets:
Financial institution license		772		-			772		793		-			793
Total indefinite-lived
intangible assets		772		-			772		793		-			793
Total intangible assets	$	138,989	$	(127,100	)	$	11,889	$	148,595	$	(121,466	)	$	27,129

Future Estimated Annual Amortization Expense


2020	$	7,955
2021		2,803
2022		72
2023		71
2024		71
Thereafter		145
Total future estimated amortization expense	$	11,117