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Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2020
Finite Lived Intangible Assets Net [Abstract]  
Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

December 31,

 

 

June 30,

 

 

 

2020 (1)

 

 

2020

 

Intangible assets:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

$

639,294

 

 

$

570,562

 

Acquired technologies

 

 

198,243

 

 

 

129,925

 

Other

 

 

7

 

 

 

8

 

Intangible assets

 

 

837,544

 

 

 

700,495

 

Less accumulated amortization:

 

 

 

 

 

 

 

 

Customer contracts and related customer relationships

 

 

(293,304

)

 

 

(271,708

)

Acquired technologies

 

 

(34,137

)

 

 

(21,900

)

Other

 

 

(2

)

 

 

(2

)

Less accumulated amortization

 

 

(327,443

)

 

 

(293,610

)

Total intangible assets, net

 

$

510,101

 

 

$

406,885

 

__________________

 

(1)

During the six months ended December 31, 2020, the Company removed $0.6 million in fully amortized intangible assets.

Expected Amortization Expense

Expected amortization expense for the remainder of the fiscal year ending June 30, 2021, and for each of the fiscal years thereafter, is as follows (in thousands):

 

Fiscal year ending June 30,

 

Amount

 

2021 (six months)

 

$

33,878

 

2022

 

 

68,590

 

2023

 

 

65,160

 

2024

 

 

57,809

 

2025

 

 

50,551

 

Thereafter

 

 

234,113

 

Total intangible assets, net

 

$

510,101