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Other Intangible Assets
6 Months Ended
Dec. 31, 2017
Goodwill And Other Intangible Assets [Abstract]  
Other Intangible Assets

(5)      Other Intangible Assets 

Other intangible assets were comprised of the following as of December 31, 2017 and June 30, 2017 (in thousands):





 

 

 

 

 

 



 

December 31,
2017

 

June 30,
2017

Developed/core product technology

 

$

208,445 

 

$

206,258 

Accumulated amortization

 

 

(108,715)

 

 

(93,079)

Developed/core product technology, net

 

 

99,730 

 

 

113,179 

Trade names

 

 

48,880 

 

 

48,768 

Accumulated amortization

 

 

(13,976)

 

 

(10,894)

Trade names, net

 

 

34,904 

 

 

37,874 

Non-compete agreements

 

 

3,688 

 

 

3,660 

Accumulated amortization

 

 

(2,490)

 

 

(2,236)

Non-compete agreements, net

 

 

1,198 

 

 

1,424 

Customer relationships

 

 

123,957 

 

 

122,458 

Accumulated amortization

 

 

(47,465)

 

 

(40,050)

Customer relationships, net

 

 

76,492 

 

 

82,408 

In-process research and development

 

 

4,100 

 

 

4,100 

Accumulated amortization

 

 

 -

 

 

 -

In-process research and development, net

 

 

4,100 

 

 

4,100 

Patents

 

 

92,116 

 

 

85,780 

Accumulated amortization

 

 

(68,513)

 

 

(62,965)

Patents, net

 

 

23,603 

 

 

22,815 

Total other intangibles, net

 

$

240,027 

 

$

261,800 



Intangible assets consist of developed/core product technology, trade names, non-compete agreements, customer relationships, and patents, which we amortize over the estimated useful life of the assets, generally between two and fifteen years. There are no expected residual values related to these intangible assets. In-process research and development is amortized over the estimated useful life of the assets, once the research and development efforts are completed. At least on an annual basis, we evaluate the in-process research and development balances for impairment.