Intangible Assets

3 Months Ended

Sep. 30, 2012

Intangible Assets [Abstract]

Intangible Assets

4. Intangible Assets

Intangible assets increased due to the Delta acquisition (see Note 3) and consisted of the following (in thousands):

		September 30,			June 30,
		2012			2012
Customer contracts and related customer relationships	$	339,971		$	331,548
Acquired technologies		27,177			27,177
Covenants not to compete		3,401			3,401
Other		1,639			1,639
Intangible assets		372,188			363,765
Less accumulated amortization		(256,798	)		(248,949	)
Total intangible assets, net	$	115,390		$	114,816

Intangible assets are primarily amortized on an accelerated basis over periods ranging from one to fifteen years. The weighted-average period of amortization for all customer contracts and related customer relationships as of September 30, 2012 is 8.8 years, and the weighted-average remaining period of amortization is 7.6 years. The weighted-average period of amortization for acquired technologies as of September 30, 2012 is 6.7 years, and the weighted-average remaining period of amortization is 5.5 years.

Expected amortization expense for the remainder of the fiscal year ending June 30, 2013, and for each of the fiscal years thereafter, is as follows (in thousands):

Fiscal year ending June 30,		Amount
2013 (nine months)	$	21,958
2014		24,390
2015		18,880
2016		14,101
2017		12,064
Thereafter		23,997
Total intangible assets, net	$	115,390