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Intangible Assets
 3 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets 
We include in our amortizable intangible assets those intangible assets acquired in our business and asset acquisitions. We amortize acquired intangible assets with finite lives over their estimated economic lives, generally using the straight-line method. Each period, we evaluate the estimated remaining useful lives of acquired intangible assets to determine whether events or changes in circumstances warrant a revision to the remaining period of amortization. Acquired intangibles are removed from the accounts when fully amortized and no longer in use.
Intangible assets consisted of the following as of September 30, 2019 and June 30, 2019:
 
Gross Carrying Amount
 
Accumulated Amortization
 
Effect of Currency Translation
 
Net Carrying Amount
 
(Dollars in Thousands)
September 30, 2019:
 
 
 
 
 
 
 
Technology
$
56,797

 
$
(9,844
)
 
$
(291
)
 
$
46,662

Customer relationships
15,740

 
(1,210
)
 
(252
)
 
14,278

Non-compete agreements
553

 
(538
)
 
—

 
15

Total
$
73,090

 
$
(11,592
)
 
$
(543
)
 
$
60,955

June 30, 2019:
 
 
 
 
 
 
 
Technology
$
37,168

 
$
(8,868
)
 
$
(118
)
 
$
28,182

Customer relationships
6,503

 
(1,039
)
 
(100
)
 
5,364

Non-compete agreements
553

 
(492
)
 
—

 
61

Total
$
44,224

 
$
(10,399
)
 
$
(218
)
 
$
33,607


Total amortization expense related to intangible assets is included in cost of license revenue and operating expenses and amounted to approximately $1.2 million and $1.1 million for the three months ended September 30, 2019 and 2018, respectively.
Future amortization expense as of September 30, 2019 is expected to be as follows:
Year Ended June 30,
Amortization Expense
 
(Dollars in Thousands)
2020
$
6,863

2021
9,237

2022
9,176

2023
9,092

2024
8,399

Thereafter
18,188

Total
$
60,955