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Intangible Assets
12 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
Intangible assets consisted of the following:
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Useful
Life
June 30, 2018
 
 
 
 
 
 
 
Customer relationships
$
171,940

 
$
(46,505
)
 
$
125,435

 
10.7 years
Licensing agreements and patents
1,506

 
(640
)
 
866

 
3.5 years
Completed technologies
62,392

 
(13,101
)
 
49,291

 
8.1 years
Backlog
7,650

 
(5,338
)
 
2,312

 
1.6 years
 
$
243,488

 
$
(65,584
)
 
$
177,904

 
 
June 30, 2017
 
 
 
 
 
 
 
Customer relationships
$
117,630

 
$
(31,533
)
 
$
86,097

 
10.0 years
Licensing agreements and patents
1,131

 
(277
)
 
854

 
3.7 years
Completed technologies
44,503

 
(6,079
)
 
38,424

 
7.9 years
Backlog
5,430

 
(1,768
)
 
3,662

 
2.0 years
 
$
168,694

 
$
(39,657
)
 
$
129,037

 
 

Estimated future amortization expense for intangible assets remaining at June 30, 2018 is as follows:
 
Year Ending
June 30,
2019
$
25,372

2020
21,524

2021
20,867

2022
20,771

2023
18,789

Thereafter
70,581

Total future amortization expense
$
177,904


The following table summarizes the preliminary estimated fair value of acquired intangible assets arising as a result of the Themis acquisition. These assets are included in the Company's gross and net carrying amounts as of June 30, 2018.
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted Average
Useful
Life
Customer relationships
$
52,600

 
$
(1,753
)
 
$
50,847

 
12.5 years
Completed technologies
17,150

 
(752
)
 
16,398

 
9.5 years
Backlog
1,970

 
(821
)
 
1,149

 
1.0 year
 
$
71,720

 
$
(3,326
)
 
$
68,394