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Goodwill and Other Intangible Assets | 9 Months Ended
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Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible AssetsEffective July 1, 2019, the Company 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):
| Nine Months Ended March 31, 2020 |  |  |  |
| Compound Semiconductors |  | Photonic Solutions |  | Total
Balance-beginning of period | $ | 185,721 |  |  | $ | 134,057 |  |  | $ | 319,778 |
Goodwill acquired | — |  |  | 963,939 |  |  | 963,939 |
Foreign currency translation | 552 |  |  | (2,507) |  |  | (1,955) |
Balance-end of period | $ | 186,273 |  |  | $ | 1,095,489 |  |  | $ | 1,281,762 |
The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill as of March 31, 2020 and June 30, 2019 were as follows ($000):
| March 31, 2020 |  |  |  |  |  | June 30, 2019 |  |  |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Technology | $ | 427,034 |  |  | $ | (59,222) |  |  | $ | 367,812 |  |  | $ | 91,637 |  |  | $ | (39,679) |  |  | $ | 51,958 |
Trade Names | 22,367 |  |  | (3,000) |  |  | 19,367 |  |  | 15,759 |  |  | (1,601) |  |  | 14,158 |
Customer Lists | 458,964 |  |  | (82,687) |  |  | 376,277 |  |  | 132,872 |  |  | (59,664) |  |  | 73,208 |
Other | 1,568 |  |  | (1,568) |  |  | — |  |  | 1,572 |  |  | (1,572) |  |  | — |
Total | $ | 909,933 |  |  | $ | (146,477) |  |  | $ | 763,456 |  |  | $ | 241,840 |  |  | $ | (102,516) |  |  | $ | 139,324 |
At March 31, 2020, the preliminary purchase price allocation of acquired intangible assets from Finisar is as follows ($000):
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value | Weighted Average Remaining Amortization Period (Years)
Technology | $ | 334,700 |  |  | $ | (14,058) |  |  | $ | 320,642 |  | 12
Trade Names | 6,700 |  |  | (1,301) |  |  | 5,399 |  | 2.5
Customer Lists | 328,300 |  |  | (17,416) |  |  | 310,884 |  | 9.4
| $ | 669,700 |  |  | $ | (32,775) |  |  | $ | 636,925 |  |
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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