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Goodwill and Other Intangible Assets | 3 Months Ended
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Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets |
Note 9. | Goodwill and Other Intangible Assets
Effective July 1, 2019, the Company has realigned its organizational structure into two reporting segments for the purpose of making operational decisions and assessing financial performance: (i) Compound Semiconductors and (ii) Photonic Solutions. All applicable information has been restated to reflect this change. Changes in the carrying amount of goodwill were as follows ($000):
|  | Three months ended September 30, 2019 |
|  | Compound |  |  | Photonic |  |  | Unallocated |  |  |  |  |
|  | Semiconductors |  |  | Solutions |  |  | & Other |  |  | Total |
Balance-beginning of period |  | $ | 185,721 |  |  | $ | 134,057 |  |  | $ | - |  |  | $ | 319,778 |
Goodwill acquired |  |  | - |  |  |  | - |  |  |  | 759,239 |  |  |  | 759,239 |
Foreign currency translation |  |  | 664 |  |  |  | (1,112 | ) |  |  | - |  |  |  | (448 | )
Balance-end of period |  | $ | 186,385 |  |  | $ | 132,945 |  |  | $ | 759,239 |  |  | $ | 1,078,569 |
The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill as of September 30, 2019 and June 30, 2019 were as follows ($000):
|  | September 30, 2019 |  |  | June 30, 2019 |
|  | Gross |  |  |  |  |  |  | Net |  |  | Gross |  |  |  |  |  |  | Net |
|  | Carrying |  |  | Accumulated |  |  | Book |  |  | Carrying |  |  | Accumulated |  |  | Book |
|  | Amount |  |  | Amortization |  |  | Value |  |  | Amount |  |  | Amortization |  |  | Value |
Technology and Patents |  | $ | 92,369 |  |  | $ | (41,340 | ) |  | $ | 51,028 |  |  | $ | 91,637 |  |  | $ | (39,679 | ) |  | $ | 51,958 |
Trademarks |  |  | 15,672 |  |  |  | (1,634 | ) |  |  | 14,038 |  |  |  | 15,759 |  |  |  | (1,601 | ) |  |  | 14,158 |
Customer Lists |  |  | 132,225 |  |  |  | (61,465 | ) |  |  | 70,760 |  |  |  | 132,872 |  |  |  | (59,664 | ) |  |  | 73,208 |
Other |  |  | 829,256 |  |  |  | (3,523 | ) |  |  | 825,733 |  |  |  | 1,572 |  |  |  | (1,572 | ) |  |  | - |
Total |  | $ | 1,069,522 |  |  | $ | (107,962 | ) |  | $ | 961,560 |  |  | $ | 241,840 |  |  | $ | (102,516 | ) |  | $ | 139,324 |
Other intangible assets include $828 million related to the preliminary purchase price allocation of Finisar. This includes preliminary amounts for technology of $615 million, customer list of $125 million, in process research and development of $76 million, and tradenames of $11 million. As a result of the July 1, 2019 segment realignment, the Company reviewed the recoverability of the carrying value of goodwill at its reporting units. The Company performed a quantitative test to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill and other intangible assets. The Company did not record any impairment of goodwill or long-lived assets, as the quantitative assessment did not indicate deterioration in the fair value of its reporting units.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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