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

Intangible assets consisted of the following (in thousands):

 

 

 

December 31,

 

 

June 30,

 

 

 

2019 (1)

 

 

2019

 

Intangible assets:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

$

576,285

 

 

$

549,552

 

Acquired technologies

 

 

138,176

 

 

 

137,959

 

Other

 

 

813

 

 

 

800

 

Intangible assets

 

 

715,274

 

 

 

688,311

 

Less accumulated amortization:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

 

(255,474

)

 

 

(236,935

)

Acquired technologies

 

 

(22,438

)

 

 

(14,750

)

Other

 

 

(803

)

 

 

(511

)

Less accumulated amortization

 

 

(278,715

)

 

 

(252,196

)

Total intangible assets, net

 

$

436,559

 

 

$

436,115

 

__________________

 

(1)

During the six months ended December 31, 2019, the Company removed $3.6 million in fully amortized intangible assets.

Expected Amortization Expense

 


Expected amortization expense for the remainder of the fiscal year ending June 30, 2020, and for each of the fiscal years thereafter, is as follows (in thousands):

 

Fiscal year ending June 30,

 

Amount

 

2020 (six months)

 

$

29,335

 

2021

 

 

58,358

 

2022

 

 

55,236

 

2023

 

 

50,127

 

2024

 

 

43,337

 

Thereafter

 

 

200,166

 

Total intangible assets, net

 

$

436,559