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Intangible Assets
12 Months Ended
Jun. 30, 2011
Intangible Assets  
Intangible Assets

10.   Intangible assets:

 

      Purchased intangible assets are amortized over the estimated useful lives of the respective asset category unless such lives are deemed indefinite.  The following table provides information on the Company's intangible assets:

(in thousands, except for number of years)

Gross Carrying Amount

 

Accumulated Amortization

Net Carrying Amount

Useful

Life

(in years)

As of June 30, 2011:

 

 

 

 

  Customer lists

$ 35,938

$ (18,924)

$ 17,014

2- 10

  Non-compete agreements

445

(255)

190

2

  Product lines

281

(281)

0

 

  Service revenue backlog

78

(47)

31

5

  Trademarks

1,771

(558)

1,213

10- 25

     Finite-lived purchased intangible assets      

38,513

(20,065)

18,448

 

  Trademarks

845

0

845

 

     Total intangible assets

$ 39,358

$ (20,065)

$ 19,293

 

 

 

 

 

 

As of June 30, 2010:

 

 

 

 

  Customer lists

$ 30,951

$ (13,632)

$ 17,319

4- 10

  Non-compete agreement

309

(84)

225

2- 4

  Product lines

326

(326)

0

 

  Service revenue backlogs

833

(786)

47

5

  Trademarks

1,200

(92)

1,108

25

     Finite-lived purchased intangible assets      

33,619

(14,920)

18,699

 

  Trademarks

891

0

891

 

     Total intangible assets

$ 34,510

$ (14,920)

$ 19,590

 

 

      Certain of the Company's trademarks are deemed to have indefinite lives and therefore are not amortized.  Amortization expense related to finite-lived purchased intangible assets was approximately $5.3 million, $4.6 million and $4.4 million in the fiscal years 2011, 2010 and 2009, respectively.  During each of the fiscal years 2011, 2010 and 2009, the Company recorded approximately $1.5 million in accelerated amortization expenses related to finite-lived customer related intangible assets due to increased attrition.  During the fiscal year 2011, the Company wrote off approximately $0.5 million in finite-lived purchased intangible asset.  During the fiscal years 2010 and 2009, the Company did not recognize any impairment losses on long-lived assets, including finite-lived purchased intangible assets.

      Estimated amortization expense in future fiscal years ending June 30 is as follows (in thousands):

               

2012

$   3,277

2013

2,993

2014

2,362

2015

2,282

2016

2,122

Later years

5,412

     Total

$ 18,448