Goodwill and Intangible Assets

9 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

7.Goodwill and Intangible Assets

The following table reflects the changes in the carrying amount of goodwill (in thousands):

	March 31, 2019
Balance as of June 30, 2018	$	139,082
Changes due to additional property and equipment acquired (See Note 4)		(505	)
Balance at end of period	$	138,577

The following tables summarize the components of gross and net intangible asset balances (dollars in thousands):

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
March 31, 2019
Developed technology	2.6 years	$	117,000	$	72,659	$	44,341
Customer relationships	2.3 years		51,639		43,466		8,173
Maintenance contracts	— years		17,000		17,000		-
Trade names	2.7 years		9,100		5,236		3,864
License agreements	5.5 years		2,232		1,380		852
Other intangibles	0.8 years		1,382		1,250		132
Total intangibles, net		$	198,353	$	140,991	$	57,362

	Weighted Average
	Remaining Amortization	Gross Carrying		Accumulated		Net Carrying
	Period	Amount		Amortization		Amount
June 30, 2018
Developed technology	3.3 years	$	117,000	$	58,299	$	58,701
Customer relationships	3.0 years		51,639		40,634		11,005
Maintenance contracts	0.3 years		17,000		15,866		1,134
Trade names	3.4 years		9,100		4,141		4,959
Backlogs	— years		1,800		1,800		—
License agreements	5.8 years		2,445		1,390		1,055
Other intangibles	1.6 years		1,382		1,144		238
Total intangibles, net		$	200,366	$	123,274	$	77,092

The amortization expense of intangibles for the periods presented is summarized below (in thousands):

	Three Months Ended				Nine Months Ended
	March 31, 2019		March 31, 2018		March 31, 2019		March 31, 2018
Amortization in “Cost of revenues: Product”	$	4,890	$	4,647	$	14,726	$	11,310
Amortization of intangibles in "Operations"		1,292		2,101		5,008		6,461
Total amortization	$	6,182	$	6,748	$	19,734	$	17,771

The amortization expense that is recognized in “Cost of revenues: Product” is comprised of amortization for developed technology, license agreements and other intangibles.