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Goodwill and Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets  
Schedule of goodwill

 

Activity related to goodwill consisted of the following (in thousands):

 

 

 

Six Months

 

Year

 

 

 

Ended

 

Ended

 

 

 

December 31,

 

June 30,

 

 

 

2016

 

2016

 

Balance at the beginning of the period

 

$

57,848

 

$

58,054

 

Currency translation

 

(136

)

(206

)

 

 

 

 

 

 

Balance at the end of the period

 

$

57,712

 

$

57,848

 

 

 

 

 

 

 

 

 

 

Schedule of intangible assets associated with completed acquisitions

 

The Company’s unamortized intangible assets associated with completed acquisitions at December 31, 2016 and June 30, 2016 are as follows (in thousands):

 

 

 

 

 

December 31, 2016

 

June 30, 2016

 

 

 

 

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

Carrying

 

Accumulated

 

Net

 

Carrying

 

Accumulated

 

Net

 

 

 

Useful Lives

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

 

 

 

(in years)

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

5 — 6

 

$

46,743

 

$

(43,109

)

$

3,634

 

$

46,743

 

$

(39,132

)

$

7,611

 

 

Schedule of estimated future amortization expense of purchased intangible assets

 

The estimated future amortization expense of purchased intangible assets as of December 31, 2016 is as follows (in thousands):

 

Year Ending June 30,

 

Amount

 

2017 (remaining 6 months)

 

$

3,634