Intangible Assets and Goodwill

12 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consist of the following:



		June 30, 2015							June 30, 2014
	Amortization			Accumulated			Carrying				Accumulated			Carrying
Description	Period	Amount		Amortization			Value		Amount		Amortization			Value
Wetpaint technology	84 months	$	10,600	$	(2,336	)	$	8,264	$	10,600	$	(820	)	$	9,780
Wetpaint trademarks	360 months	5,800		(296		)	5,504		5,800		(103		)	5,697
Wetpaint customer relationships	60 months	2,000		(617		)	1,383		2,000		(217		)	1,783
Wetpaint non-compete agreements	36 months	609		(313		)	296		609		(110		)	499
Watchpoints technology	36 months	—		—			—		4,209		(3,859		)	350
Dijit technology	84 months	1,820		(368		)	1,452		1,820		(108		)	1,712
Choose Digital intangible assets	84 months	—		—			—		5,797		(14		)	5,783
Choose Digital licenses	60 months	1,740		(355		)	1,385		—		—			—
Choose Digital software	60 months	550		(112		)	438		—		—			—
Internally generated capitalized software	36 months	5,006		(2,733		)	2,273		5,244		(2,364		)	2,880
Other	various	326		(8		)	318		333		(7		)	326

Total		$	28,451	$	(7,138	)	$	21,313	$	36,412	$	(7,602	)	$	28,810

See Note 4, Acquisitions, for a discussion of intangible assets related to the Wetpaint and Choose Digital acquisitions. The change in the gross amount of intangibles related to the Choose Digital acquisition is a result of the finalization of the purchase price valuation during the year ended June 30, 2015.

Amortization of intangible assets included in Selling, general and administrative expenses for the years ended June 30, 2015 and 2014 amounted to $5,324 and $5,198, respectively. Future annual amortization expense expected is as follows:



Years Ending June 30	Amount
2016	$	4,806
2017	3,631
2018	2,925
2019	2,597
2020	1,967

The activity in the goodwill balance consists of the following:



Description	Amount
Balance at June 30, 2014	$	36,627
Dijit final purchase price adjustment	303
Choose Digital final purchase price adjustment	(1,160		)
Other	63
Balance at June 30, 2015	$	35,833