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Note 5 - Goodwill and Other Intangible Assets

12 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Text Block]

5. GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The change in the carrying amount of goodwill during the fiscal year ended June 30, 2012 and 2011 is as follows (in thousands):

Carrying amount as of June 30, 2010	$	13,188
Increase from acquisition of businesses		631
Tax benefit of amortization		(232	)
Carrying amount as of June 30, 2011		13,587
Increase from acquisition of businesses		12
CareCentric purchase price adjustment		(261	)
Carrying amount as of June 30, 2012	$	13,338

Other Intangible Assets

The carrying amount of other intangible assets as of June 30, 2012 is as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Remaining Useful Life (in years)
Purchased technology	$	5,696	$	(1,773	)	$	3,923		3.4
Customer relationships		6,670		(2,845	)		3,825		3.5
Non-compete agreements		137		(130	)		7		0.1
Tradename		24		(5	)		19		2.1
	$	12,527	$	(4,753	)	$	7,774

The carrying amount of our other intangible assets as of June 30, 2011 is as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Remaining Useful Life (in years)
Purchased technology	$	3,234	$	(961	)	$	2,273		3.5
Customer relationships		6,251		(1,763	)		4,488		4.3
Non-compete agreements		124		(121	)		3		-
Tradename		11		(1	)		10		3.6
	$	9,620	$	(2,846	)	$	6,774

Amortization expense for purchased technology was $810,000, $444,000 and $309,000 for fiscal year 2012, 2011 and 2010, respectively, and was recorded as selling, general and administrative expense. Amortization expense for other intangible assets amounted to $1,905,000, $1,336,000 and $1,087,000 for fiscal year 2012, 2011 and 2010, respectively. The following represents the expected amortization in future periods (in thousands):

Fiscal Year	Expected Amortization
2013	$	2,131
2014		2,038
2015		1,775
2016		1,265
2017		445
Thereafter		120
	$	7,774

The change in the net carrying amount at June 30, 2012 is due to acquisitions, amortization expense and the impact of foreign exchange movements.

- 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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