Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Mar. 31, 2016

The changes in the carrying amount of goodwill by business segment for the nine months ended March 31, 2016 were as follows:

	Connected Car			Lifestyle Audio			Professional Solutions			Connected Services			Other			Total
Balance, June 30, 2015	$	24,422		$	159,088		$	387,861		$	529,367		$	186,442		$	1,287,180
Realignment adjustments⁽¹⁾		(3,673	)		(6,738	)		-			196,853			(186,442	)		-
Balance, June 30, 2015 – adjusted		20,749			152,350			387,861			726,220			-			1,287,180
Acquisitions and adjustments⁽²⁾		60,936			(3,849	)		(4,249	)		88,481			-			141,319
Other adjustments⁽³⁾		402			(860	)		(1,114	)		(725	)		-			(2,297	)
Balance, March 31, 2016	$	82,087		$	147,641		$	382,498		$	813,976		$	-		$	1,426,202

⁽¹⁾	The realignment adjustments reallocate our goodwill based on our new reporting structure based on the relative fair value of each reporting unit.

⁽²⁾	Refer to Note 22—Acquisitions for more information.

⁽³⁾	The other adjustments to goodwill primarily consist of foreign currency translation adjustments.

Intangible Assets, Net

Net intangible assets were $496.3 million and $669.7 million at March 31, 2016 and June 30, 2015, respectively, and were comprised of the following:

		March 31, 2016							June 30, 2015
	Weighted Average Amortization	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer relationships	12 Years	$	386,608	$	(61,285	)	$	325,323	$	503,928	$	(30,924	)	$	473,004
Technology	6 Years		74,531		(24,531	)		50,000		87,090		(17,653	)		69,437
Patents	15 Years		7,288		(1,367	)		5,921		5,136		(1,265	)		3,871
Trade names⁽¹⁾	2 Years		100,627		(26,131	)		74,496		100,827		(15,282	)		85,545
Non-compete agreement	4 Years		2,627		(1,819	)		808		3,168		(1,543	)		1,625
Software	5 Years		49,942		(10,961	)		38,981		42,013		(6,863	)		35,150
Other	7 Years		7,109		(6,349	)		760		7,242		(6,207	)		1,035
Total		$	628,732	$	(132,443	)	$	496,289	$	749,404	$	(79,737	)	$	669,667

⁽¹⁾	Includes $55.7 million and $18.5 million of indefinite-lived intangible assets related to the acquisition of AMX LLC and AMX Holding Corporation (collectively “AMX”) and Martin Professional A/S, respectively.

At March 31, 2016, amortization expense is expected to approximate the following: