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Intangible Assets and Goodwill (Tables)
12 Months Ended
Jun. 30, 2013
Intangible Assets

Intangible assets and goodwill consist of (in thousands):

 

            June 30,        
     Useful Life      2013     2012  

Developed technology

     8-12 years       $ 28,656      $ 29,410   

Trade names

     12-15 years         17,659        17,871   

Customer relationships

     8-14 years         8,613        8,712   

Non-compete agreement

     5 years         400        400   
     

 

 

   

 

 

 
        55,328        56,393   

Accumulated amortization

        (14,776     (9,917
     

 

 

   

 

 

 
      $ 40,552      $ 46,476   
     

 

 

   

 

 

 

Goodwill

      $ 84,336      $ 85,682   
     

 

 

   

 

 

 
Changes in Carrying Amount of Goodwill

Changes to the carrying amount of net intangible assets consists of (in thousands)

 

     Year Ended June 30,  
     2013     2012  

Beginning balance

   $ 46,476      $ 52,282   

Amortization expense

     (5,061     (5,094

Currency translation

     (863     (712
  

 

 

   

 

 

 

Ending balance

   $ 40,552      $ 46,476   
  

 

 

   

 

 

 
Estimated Future Amortization Expense for Intangible Assets

The estimated future amortization expense for intangible assets as of June 30, 2013 is as follows (in thousands):

 

Year Ending June 30:

      

2014

   $ 4,289   

2015

     4,289   

2016

     4,269   

2017

     4,209   

2018

     4,209   

Thereafter

     19,287   
  

 

 

 
   $ 40,552