Goodwill and intangible assets (Tables)
 12 Months Ended
Jun. 30, 2012
Changes in Carrying Amount of Goodwill

Changes to the carrying amount of goodwill consists of (in thousands)

 

     Year Ended June 30,  
     2012     2011  

Beginning balance

    $ 86,633      $ 25,068   

Acquisitions

      0        62,865   

Currency translation

      (951 )      (1,300 ) 
  

 

 

    

 

 

  

Ending balance

    $ 85,682      $ 86,633   
  

 

 

    

 

 

  
Intangible Assets

Intangible assets consist of (in thousands):

 

            June 30,  
     Useful Life      2012     2011  

Developed technology

      8-12 years       $ 29,410      $ 29,943   

Trade names

      12-15 years         17,871        18,021   

Customer relationships

      8-14 years         8,712        8,781   

Non-compete agreement

      5 years         400        400   
     

 

 

    

 

 

  
        56,393        57,145   

Accumulated amortization

         (9,917 )      (4,863 ) 
     

 

 

    

 

 

  
      $ 46,476      $ 52,282   
     

 

 

    

 

 

  
Changes in Carrying Amount of Net Intangible Assets

Changes to the carrying amount of net intangible assets consists of (in thousands)

 

     Year Ended June 30,  
     2012     2011  

Beginning balance

    $ 52,282      $ 2,044   

Acquisitions

      0        52,725   

Amortization expense

      (5,094 )      (1,464 ) 

Currency translation

      (712 )      (1,023 ) 
  

 

 

    

 

 

  

Ending balance

    $ 46,476      $ 52,282   
  

 

 

    

 

 

  
Estimated Future Amortization Expense for Intangible Assets

The estimated future amortization expense for intangible assets as of June 30, 2012 is as follows (in thousands):

 

Year Ending June 30:

       

2013

    $ 5,067   

2014

      4,386   

2015

      4,385   

2016

      4,366   

2017

      4,306   

Thereafter

      23,966   
  

 

 

  
   $ 46,476