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Note 7 - Goodwill and Intangibles
6 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Text Block]
Note 7:                      Goodwill and Intangibles

The following represents the change in the carrying amount of goodwill for the three months ended December 31, 2011 (in thousands):

Balance at September 30, 2011
  $ -  
Acquisition of Bytewise
    2,950  
Balance at December 31, 2011
  $ 2,950  

Definite-lived intangible assets consist of the following (in thousands):

   
December 31, 2011
   
June 30, 2011
 
             
Non-Compete Agreement
    600       -  
Trademarks and Trade Names
    1,480       -  
Completed Technology
    2,010       -  
Customer Relationships
    4,950       -  
Backlog
    260       -  
Other intangible assets
    6,276       6,276  
Total
    15,576       6,276  
Accumulated Amortization
    (6,137 )     (6,045 )
Total Net Balance
    9,439       231  

Definite-lived intangible assets will be amortized on a straight-line basis over the period of expected economic benefit.  Amortization expense of $52 thousand was incurred on the Bytewise acquisition assets as of December 31, 2011.

The estimated useful lives of the intangible assets subject to amortization are 14 years for trademarks and trade names, 8 years for non-compete agreements, 10 years for completed technology, and 8 years for customer relationships.


The estimated aggregate amortization expense for the remainder of fiscal 2012, for each of the next five years and thereafter, is as follows (in thousands:

2012 Remainder of year
  $ 854  
2013
  $ 1,045  
2014
  $ 1,001  
2015
  $ 1,001  
2016
  $ 1,001  
2017
  $ 1,001  
Thereafter
  $ 3,538