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Intangible Assets
12 Months Ended
Jun. 30, 2012
Intangible Assets [Abstract]  
Intangible Assets

NOTE 8. INTANGIBLE ASSETS

Intangible assets consisted of the following (in thousands):

  June 30,
  2012 2011
Customer contracts and related customer relationships $ 331,548   $ 291,174  
Acquired technologies   27,177     27,177  
Covenants not to compete   3,401     3,070  
Other   1,639     1,637  
Intangible assets   363,765     323,058  
Less accumulated amortization   (248,949 )   (214,956 )
Total intangible assets, net $ 114,816   $ 108,102  

 

     Intangible assets are primarily amortized on an accelerated basis over periods ranging from 12 to 120 months. The weighted-average period of amortization for customer contracts and related customer relationships as of June 30, 2012 is 8.7 years, and the weighted-average remaining period of amortization is 7.3 years. The weighted-average period of amortization for acquired technologies as of June 30, 2012 is 6.7 years, and the weighted-average remaining period of amortization is 5.7 years.

     Amortization expense for the years ended June 30, 2012, 2011 and 2010 was $35.1 million, $38.8 million, and $37.2 million, respectively. Accumulated amortization as of June 30, 2012 for customer contracts and related customer relationships and for acquired technologies was $227.4 million and $18.0 million, respectively. Expected amortization expense for each of the fiscal years through June 30, 2017 and for periods thereafter is as follows (in thousands):

  Amount
Year ending June 30, 2013 $ 28,561
Year ending June 30, 2014   23,539
Year ending June 30, 2015   18,121
Year ending June 30, 2016   13,377
Year ending June 30, 2017   11,378
Thereafter   19,840
Total intangible assets, net $ 114,816