XML 31 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Balance sheet information
 12 Months Ended
Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]  
Balance sheet information Balance sheet information
Property and equipment, net
Property and equipment consist of the following (in thousands):
 
 
June 30,
 
 
2019
 
2018
Computers and equipment
 
$
8,448

 
$
7,930

Computer software
 
2,866

 
2,858

Furniture and fixtures
 
2,338

 
2,107

Automobiles
 
815

 
819

Leasehold improvements
 
5,977

 
5,603

 
 
20,444

 
19,317

Less accumulated depreciation and amortization
 
(14,789
)
 
(12,330
)
Property and equipment, net
 
$
5,655

 
$
6,987



Depreciation and amortization expense related to property and equipment was $2.7 million, $2.3 million and $1.7 million for fiscal 2019, 2018 and 2017, respectively.
Goodwill and intangible assets, net
Intangible assets consist of the following (in thousands):
 
 
June 30,
 
 
2019
 
2018
Acquired developed technology
 
$
13,875

 
$
13,875

Less accumulated amortization
 
(12,494
)
 
(11,491
)
Intangible assets, net
 
$
1,381

 
$
2,384


Acquired developed technology is amortized on a straight-line basis over the expected useful life. Amortization expense related to intangibles was $1.0 million, $1.1 million and $1.1 million for fiscal 2019, 2018 and 2017, respectively.
As of June 30, 2019, amortization expense for intangible assets by fiscal year is as follows: $872,000 in fiscal 2020 and $509,000 in fiscal 2021.
Goodwill by reportable segment as of June 30, 2019 and 2018 was as follows (in thousands):
 
 
June 30, 2018
 
Impairment
 
June 30, 2019
Automotive
 
$
14,320

 
$
—

 
$
14,320

Advertising
 
14,342

 
(2,556
)
 
11,786

Goodwill
 
$
28,662

 
$
(2,556
)
 
$
26,106



Goodwill impairment
We reported results in three business segments through June 30, 2019. During fiscal 2019, we recognized a $2.6 million impairment of the goodwill associated with our advertising segment. During fiscal 2018, we recognized a $2.7 million impairment of all of the goodwill associated with our mobile navigation segment (see Note 1).
Accrued expenses
Accrued expenses consist of the following (in thousands):
 
 
June 30,
 
 
2019
 
2018
Accrued compensation and benefits
 
$
14,508

 
$
12,024

Accrued royalties
 
22,274

 
16,298

Accrued legal settlement and contingencies
 
—

 
50

Customer overpayments and related reserves
 
4,391

 
5,356

Other accrued expenses
 
10,126

 
5,075

 
 
$
51,299

 
$
38,803


The overpayment from customers and related reserves will either be refunded or be applied to future amounts owed to us.