Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v2.4.0.8
Intangible Assets and Goodwill (Tables)
9 Months Ended
Mar. 31, 2014
Intangible Assets

Intangible assets and goodwill consist of (in thousands):

 

     March 31,     June 30,  
     2014     2013  

Developed technology

   $ 45,279      $ 28,656   

Trade names

     20,985        17,659   

Customer relationships

     49,904        8,613   

Non-compete agreement

     2,800        400   
  

 

 

   

 

 

 
     118,968        55,328   

Accumulated amortization

     (22,858     (14,776
  

 

 

   

 

 

 
   $ 96,110      $ 40,552   
  

 

 

   

 

 

 

Goodwill

   $ 144,654      $ 84,336   
  

 

 

   

 

 

 
Changes to Carrying Amount of Net Intangible Assets

Changes to the carrying amount of net intangible assets for the nine months ended March 31, 2014 consists of (in thousands):

 

Beginning balance

   $ 40,552   

Acquisition

     60,500   

Amortization expense

     (7,380

Currency translation

     2,438   
  

 

 

 

Ending balance

   $ 96,110   
  

 

 

 
Estimated Future Amortization Expense for Intangible Assets

The estimated future amortization expense for intangible assets as of March 31, 2014 is as follows (in thousands):

 

Period Ending June 30:

      

2014

   $ 2,611   

2015

     10,442   

2016

     10,422   

2017

     9,612   

2018

     9,562   

Thereafter

     53,461   
  

 

 

 
   $ 96,110