Intangible Assets

9 Months Ended

Mar. 31, 2013

Intangible Assets [Abstract]

Intangible Assets

4. Intangible Assets

Intangible assets increased due to the Delta, Emergint and IDL acquisitions (see Note 3) and consisted of the following (in thousands):

		March 31,			June 30,
		2013			2012
Customer contracts and related customer relationships	$	351,347		$	331,548
Acquired technologies		27,177			27,177
Covenants not to compete		3,401			3,401
Other		1,639			1,639
Intangible assets		383,564			363,765
Less accumulated amortization		(271,885	)		(248,949	)
Total intangible assets, net	$	111,679		$	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 March 31, 2013 is 9.0 years, and the weighted-average remaining period of amortization is 8.1 years. The weighted-average period of amortization for acquired technologies as of March 31, 2013 is 6.7 years, and the weighted-average remaining period of amortization is 5.3 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 (three months)	$	7,673
2014		25,575
2015		19,938
2016		15,114
2017		13,016
Thereafter		30,363
Total intangible assets, net	$	111,679