GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2013

5. GOODWILL AND INTANGIBLE ASSETS

		June 30, 2013							June 30, 2012

	Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(dollars in 000s)
Computer software	3 - 5	$	39,484	$	(35,796	)	$	3,688	$	39,633	$	(34,442	)	$	5,191
License rights	3 - 13		12,819		(7,215	)		5,604		8,440		(4,251	)		4,189
Trademarks	5 - 10		2,430		(2,239	)		191		2,430		(2,216	)		214
Core technology	5 - 14		27,063		(21,887	)		5,176		27,063		(17,935	)		9,128
Contract rights	2 - 10		10,943		(9,766	)		1,177		15,496		(8,522	)		6,974
Other intangibles	3 - 5		2,548		(808	)		1,740		6,574		(604	)		5,970

Total finite-lived intangible assets		$	95,287	$	(77,711	)	$	17,576	$	99,636	$	(67,970	)	$	31,666
Trademark	indefinite		7,500		—			7,500		7,500		—			7,500

Total		$	102,787	$	(77,711	)	$	25,076	$	107,136	$	(67,970	)	$	39,166

Total amortization expense related to finite-lived intangible assets totaled $10.9 million, $9.8 million and $9.3 million for the years ended June 30, 2013, 2012 and 2011, respectively, which included computer software amortization expense of $2.1 million, $2.3 million and $3.3 million, respectively.

During the year ended June 30, 2013, contract rights of approximately $4.6 million associated with HBG were derecognized in conjunction with the settlement agreement (see Note 12 to consolidated financial statements, Commitments and Contingencies).

During the year ended June 30, 2012, the Company acquired substantially all the assets and liabilities of MacroView Labs and Chiligaming LTD for approximately $8.8 million and $7.1 million, respectively. As part of the transactions, the Company recognized $4.3 million in core technology, $0.9 million in contract rights, and $10.7 million in goodwill. The Company has not presented pro forma information for the acquisitions as the impact was insignificant both individually, and in the aggregate, to the Company's most recent consolidated financial statements.

The Company's indefinite-lived intangible asset of approximately $7.5 million was for one-time consideration given for a perpetual, world-wide license for the use of the Bally trademark in connection with the Company's business.

Future amortization of finite-lived intangible assets is scheduled as follows:

Year Ended June 30,	(in 000s)

2014	$	8,283
2015		4,495
2016		2,648
2017		858
2018		248
Thereafter		1,044

Total	$	17,576

All goodwill is associated with continuing operations. The changes in the carrying amount of goodwill for the years ended June 30, 2013 and 2012 are as follows:

	(in 000s)

Balance as of June 30, 2011	$	162,110
Additions		10,656
Foreign currency translation adjustment		(795	)

Balance as of June 30, 2012		171,971
Foreign currency translation adjustment		191

Balance as of June 30, 2013	$	172,162

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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