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Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2019
Finite Lived Intangible Assets Net [Abstract]  
Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

March 31,

 

 

June 30,

 

 

 

2019 (1)

 

 

2018

 

Intangible assets:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

$

550,646

 

 

$

435,933

 

Acquired technologies

 

 

138,010

 

 

 

13,237

 

Other

 

 

800

 

 

 

804

 

Intangible assets

 

 

689,456

 

 

 

449,974

 

Less accumulated amortization:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

 

(226,769

)

 

 

(199,018

)

Acquired technologies

 

 

(11,357

)

 

 

(8,761

)

Other

 

 

(492

)

 

 

(440

)

Less accumulated amortization

 

 

(238,618

)

 

 

(208,219

)

Total intangible assets, net

 

$

450,838

 

 

$

241,755

 

__________________

 

(1)

During the nine months ended March 31, 2019, the Company removed $0.7 million in fully amortized intangible assets.

Expected Amortization Expense

Expected amortization expense for the remainder of the fiscal year ending June 30, 2019, and for each of the fiscal years thereafter, is as follows (in thousands):

 

Fiscal year ending June 30,

 

Amount

 

2019 (three months)

 

$

14,620

 

2020

 

 

57,638

 

2021

 

 

56,486

 

2022

 

 

53,335

 

2023

 

 

48,158

 

Thereafter

 

 

220,601

 

Total intangible assets, net

 

$

450,838