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Intangible Assets
12 Months Ended
Jun. 30, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 4—Intangible Assets

Intangible assets are recorded at cost, less accumulated amortization. Other intangible assets as of June 30, 2013 and July 1, 2012 consist of:

 

     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Intangible
Assets
 
     (in thousands)  

Purchased technology

   $ 26,606       $ (24,633   $ 1,973   

Customer lists and trademarks

     7,303         (6,318     985   
  

 

 

    

 

 

   

 

 

 

Total as of June 30, 2013

   $ 33,909       $ (30,951   $ 2,958   
  

 

 

    

 

 

   

 

 

 

Purchased technology

   $ 25,970       $ (23,845   $ 2,125   

Customer lists and trademarks

     7,303         (5,970     1,333   
  

 

 

    

 

 

   

 

 

 

Total as of July 1, 2012

   $ 33,273       $ (29,815   $ 3,458   
  

 

 

    

 

 

   

 

 

 

 

The estimated future amortization expense is as follows:

 

     (in thousands)  

Fiscal year:

  

2014

   $ 1,087   

2015

     714   

2016

     540   

2017

     233   

2018

     212   

Thereafter

     172   
  

 

 

 

Total amortization

   $ 2,958   
  

 

 

 

Intangible asset amortization expense for fiscal 2013, 2012, and 2011 was approximately $1.4 million, $0.9 million, and $1.3 million, respectively. The remaining estimated weighted average useful life of purchased technology assets, and customer lists and trademarks was 2.5 years and 4 years, respectively. During fiscal 2013, the Company impaired approximately $0.3 million of intangible assets to write-down the value of the asset to its fair value of $0.1 million arising from a decline in expected future cash flows associated with this intangible asset. The impairment charge was included within “amortization of purchased technology” on the consolidated statements of operations.