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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2013
GOODWILL AND INTANGIBLE ASSETS  
Schedule of intangible assets

 

 

 

 

 

December 31, 2013

 

June 30, 2013

 

 

 

Useful
Life
(Years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

 

 

(dollars in 000s)

 

Computer software

 

2 - 5

 

$

44,067

 

$

(37,054

)

$

7,013

 

$

39,484

 

$

(35,796

)

$

3,688

 

License rights

 

3 - 13

 

15,180

 

(9,099

)

6,081

 

12,819

 

(7,215

)

5,604

 

Trademarks

 

5 - 10

 

9,430

 

(2,370

)

7,060

 

2,430

 

(2,239

)

191

 

Core technology and content

 

4 – 18(1)

 

482,305

 

(27,434

)

454,871

 

27,063

 

(21,887

)

5,176

 

Customer relationships

 

7

 

42,770

 

(411

)

42,359

 

 

 

 

Contracts

 

2 - 10

 

10,943

 

(10,388

)

555

 

10,943

 

(9,766

)

1,177

 

Other intangibles

 

3 - 5

 

4,702

 

(915

)

3,787

 

2,548

 

(808

)

1,740

 

Total finite lived intangible assets

 

 

 

$

609,397

 

$

(87,671

)

$

521,726

 

$

95,287

 

$

(77,711

)

$

17,576

 

Trademark

 

indefinite

 

7,500

 

 

7,500

 

7,500

 

 

7,500

 

Total

 

 

 

$

616,897

 

$

(87,671

)

$

529,226

 

$

102,787

 

$

(77,711

)

$

25,076

 

 

 

(1)                                 Includes $46 million of in-process research and development assets that are not yet subject to amortization until they reach commercial feasibility.

Schedule of future amortization of finite-lived intangible assets

 

Year Ended June 30,

 

(in 000s)

 

2014 (remaining six months of fiscal year)

 

$

32,705

 

2015

 

60,904

 

2016

 

62,613

 

2017

 

59,393

 

2018

 

63,947

 

Thereafter

 

242,164

 

Total

 

$

521,726

 

Schedule of changes in the carrying amount of goodwill

 

 

 

(in 000s)

 

Balance at June 30, 2013

 

$

172,162

 

Acquisition of SHFL

 

821,423

 

Foreign currency translation adjustment

 

(3,502

)

Balance at December 31, 2013

 

$

990,083