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Other Intangibles, Net
12 Months Ended
Jun. 30, 2011
Other Intangibles, Net  
Other Intangibles, Net

(8) Other Intangibles, net 

 

 

        Other intangibles, net is comprised of the following as of June 30, 2011 and June 30, 2010:  
                 
(In thousands)    June 30,
2011
    June 30,
2010
 

Developed/core product technology

   $ 59,293      $ 35,167   

Accumulated amortization

     (34,480     (22,413

Developed/core product technology, net of accumulated amortization

     24,813        12,754   

Trade names

     2,577        2,159   

Accumulated amortization

     (2,090     (1,547

Trade names, net of accumulated amortization

     487        612   

Non Compete Agreements

     1,928        0   

Accumulated amortization

     (333     0   

Non Compete Agreements, net of accumulated amortization

     1,595        0   

Customer relationships

     16,688        13,854   

Accumulated amortization

     (11,990     (8,316

Customer relationships, net of accumulated amortization

     4,698        5,538   

Patents

     54,300        37,146   

Accumulated amortization

     (37,982     (25,125

Patents, net of accumulated amortization

     16,318        12,021   

Patents and other intangibles, net of accumulated amortization

   $ 47,911      $ 30,925   

 

Intangible assets consist of patents, customer relationships, trade names, non-compete agreements and developed/core product technology and we amortize them over the estimated useful life of the assets, generally between three and nine years. There are no expected residual values related to these intangible assets.

 

Amortization expense related to identifiable intangible assets, including patents, for the year ended June 30, 2011 was $15.8 million. Estimated annual amortization expense for the years ending June 30, 2012 through June 30, 2016, is shown below (in thousands):

 

         
Fiscal Year    Amortization expense  

2012

   $ 16,157   

2013

     9,780   

2014

     8,148   

2015

     5,746   

2016

     4,036