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Acquired Intangibles (Tables)
12 Months Ended
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Life, Gross Carrying Value of Acquired Intangible Assets, and Related Accumulated Amortization

The following table summarizes the life, the gross carrying value of our acquired intangible assets, and the related accumulated amortization as of the end of fiscal 2018 and 2017 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

2018

 

 

2017

 

 

 

Life in Years

 

 

Gross Carrying Value

 

Accumulated Amortization

 

Net Carrying Value

 

 

Gross Carrying Value

 

Accumulated Amortization

 

Net Carrying Value

 

Display driver  technology

 

 

5.3

 

 

$

164.0

 

$

(116.5

)

$

47.5

 

 

$

164.0

 

$

(84.9

)

$

79.1

 

Audio and video technology

 

 

5.5

 

 

 

133.9

 

 

(22.8

)

 

111.1

 

 

 

-

 

 

-

 

 

-

 

Fingerprint authentication technology

 

 

4.0

 

 

 

55.7

 

 

(53.7

)

 

2.0

 

 

 

63.5

 

 

(47.6

)

 

15.9

 

Customer relationships

 

 

4.1

 

 

 

81.8

 

 

(38.5

)

 

43.3

 

 

 

48.4

 

 

(46.0

)

 

2.4

 

Licensed technology and other

 

 

4.3

 

 

 

9.0

 

 

(3.0

)

 

6.0

 

 

 

1.3

 

 

(1.3

)

 

-

 

Tradename

 

 

7.0

 

 

 

1.9

 

 

(0.2

)

 

1.7

 

 

 

-

 

 

-

 

 

-

 

Patents

 

 

7.7

 

 

 

4.6

 

 

(1.7

)

 

2.9

 

 

 

4.8

 

 

(1.2

)

 

3.6

 

Backlog

 

 

0.5

 

 

 

0.5

 

 

(0.5

)

 

-

 

 

 

-

 

 

-

 

 

-

 

In-process research and development

 

Not applicable

 

 

 

4.7

 

 

-

 

 

4.7

 

 

 

-

 

 

-

 

 

-

 

Acquired intangibles, gross

 

 

5.0

 

 

$

456.1

 

$

(236.9

)

$

219.2

 

 

$

282.0

 

$

(181.0

)

$

101.0

 

 

Schedule of Expected Annual Aggregate Amortization Expense

The following table presents expected annual aggregate amortization expense in future fiscal years (in millions):

 

2019

 

$

74.0

 

2020

 

 

50.5

 

2021

 

 

36.5

 

2022

 

 

32.0

 

2023

 

 

19.5

 

Thereafter

 

 

2.0

 

To be determined

 

 

4.7

 

Future amortization

 

$

219.2