Acquired Intangible Assets

12 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

ACQUIRED INTANGIBLE ASSETS

ACQUIRED INTANGIBLE ASSETS

	As of June 30, 2019
	Cost		Accumulated Amortization			Net
Technology assets	$	835,498	$	(349,259	)	$	486,239
Customer assets	1,397,937		(737,672		)	660,265
Total	$	2,233,435	$	(1,086,931	)	$	1,146,504
	As of June 30, 2018
	Cost		Accumulated Amortization			Net
Technology assets	$	985,226	$	(439,774	)	$	545,452
Customer assets	1,348,510		(597,325		)	751,185
Total	$	2,333,736	$	(1,037,099	)	$	1,296,637

Where applicable, the above balances as of June 30, 2019 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the year ended June 30, 2019. The impact of this resulted in a reduction of $49.5 million related to Customer assets and $273.9 million related to Technology assets.

The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight years, respectively.

The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:

Fiscal years ending June 30,
2020	$	322,009
2021	230,648
2022	211,093
2023	144,128
2024	95,876
2025 and beyond	142,750
Total	$	1,146,504