Goodwill and Intangible Assets Goodwill and Intangible Assets (Notes)

12 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

GOODWILL AND INTANGIBLE ASSETS

Goodwill

The changes in the carrying amount of goodwill for Fiscal Years 2014 and 2013 were as follows:



(in thousands)	Fiscal Year 2014		Fiscal Year 2013
Beginning Balance	$	319,478	$	255,455
Goodwill arising from LIQUENT acquisition	304		51,244
Goodwill arising from HERON acquisition	280		16,631
Effect of changes in exchange rates used for translation	9,458		(3,852		)
Ending Balance	$	329,520	$	319,478

As of June 30, 2014, the carrying value of our goodwill by reportable segment was $125.5 million in CRS, $22.1 million in PC, and $181.9 million in PI.

Long-lived Assets and Other Intangible Assets

As of June 30, 2014, intangible assets consisted of the following:



(in thousands)	Weighted Average Useful Life (years)	Cost		Accumulated Amortization/ Effect of Exchange Rate Changes			Net
Intangible Asset	Weighted Average Useful Life (years)	Cost		Accumulated Amortization/ Effect of Exchange Rate Changes			Net
Customer relationships	12.8	$	104,048	$	(45,028	)	$	59,020
Technology and other intangibles	7.9	35,647		(24,191		)	11,456
Definite-life tradename	7.7	3,900		(673		)	3,227
Indefinite-life tradename *	indefinite	22,158		(4,006		)	18,152
Total intangible assets		$	165,753	$	(73,898	)	$	91,855
* The tradename acquired in the ClinPhone acquisition has an indefinite useful life.

As of June 30, 2013, intangible assets consisted of the following:



(in thousands)	Weighted Average Useful Life (years)	Cost		Accumulated Amortization/ Effect of Exchange Rate Changes			Net
Intangible Asset	Weighted Average Useful Life (years)	Cost		Accumulated Amortization/ Effect of Exchange Rate Changes			Net
Customer relationships and backlog	12.1	$	112,274	$	(44,706	)	$	67,568
Technology and other intangibles	7.9	35,647		(20,582		)	15,065
Definite-life tradename	7.7	3,800		(235		)	3,565
Indefinite-life tradename *	indefinite	22,158		(4,842		)	17,316
Total intangible assets		$	173,879	$	(70,365	)	$	103,514
* The tradename acquired in the ClinPhone acquisition has an indefinite useful life.

The changes in the carrying amounts of other intangible assets for Fiscal Years 2014 and 2013 were as follows:



(in thousands)	Fiscal Year 2014			Fiscal Year 2013
Beginning Balance	$	103,514		$	70,004
Intangibles assets (adjusted) acquired from LIQUENT acquisition	(400		)	32,600
Intangibles assets acquired from HERON acquisition	—			15,500
Amortization	(14,952		)	(9,999		)
Effect of changes in exchange rates used for translation	3,693			(4,591		)
Ending Balance	$	91,855		$	103,514

Estimated amortization expense for the next five years is as follows:



(in thousands)
FY 2015	FY 2016	FY 2017	FY 2018	FY 2019
$13,983	$13,050	$10,313	$8,861	$7,753

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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