Intangible Assets

9 Months Ended

Mar. 31, 2012

Intangible Assets [Abstract]

Intangible Assets

4. Intangible Assets

Intangible assets increased due to the acquisition of four businesses (see Note 3) and consisted of the following (in thousands):

		March 31,			June 30,
		2012			2011
Customer contracts and related customer relationships	$	330,558		$	291,174
Acquired technologies		27,177			27,177
Covenants not to compete		3,409			3,070
Other		1,639			1,637
Intangible assets		362,783			323,058
Less accumulated amortization		(240,600	)		(214,956	)
Total intangible assets, net	$	122,183		$	108,102

Intangible assets are primarily amortized on an accelerated basis over periods ranging from 12 to 120 months. The weighted-average period of amortization for all customer contracts and related customer relationships as of March 31, 2012 is 8.7 years, and the weighted-average remaining period of amortization is 7.4 years. The weighted-average period of amortization for acquired technologies as of March 31, 2012 is 6.7 years, and the weighted-average remaining period of amortization is 5.9 years.

Expected amortization expense for the remainder of the fiscal year ending June 30, 2012, and for each of the fiscal years thereafter, is as follows (in thousands):

Fiscal year ending June 30,		Amount
2012 (three months)	$	8,603
2013		28,357
2014		23,385
2015		17,983
2016		13,262
Thereafter		30,593
Total intangible assets, net	$	122,183