XML 69 R38.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table shows changes in the carrying amount of goodwill by reportable segment as of December 31, 2021 and 2020 (in millions):
Predecessor
| Medical |  | Industrial |  | Consolidated
Balance—June 30, 2019 | $ | 96.7 |  |  | $ | 414.9 |  |  | $ | 511.6 |
Acquisition of Capintec | 6.0 |  |  | — |  |  | 6.0 |
Acquisition of Premium Analyse | — |  |  | 4.3 |  |  | 4.3 |
Acquisition of Selmic | — |  |  | 2.7 |  |  | 2.7 |
Acquisition of AWST | 4.1 |  |  | — |  |  | 4.1 |
Translation adjustment | — |  |  | (6.1) |  |  | (6.1) |
Balance—June 30, 2020 | $ | 106.8 |  |  | $ | 415.8 |  |  | $ | 522.6 |
Acquisition of Sun Nuclear | 130.2 |  |  | — |  |  | 130.2 |
Acquisition of Biodex | 11.1 |  |  | — |  |  | 11.1 |
Acquisition of Dosimetrics | 1.6 |  |  | — |  |  | 1.6 |
Translation adjustment | (0.2) |  |  | 16.2 |  |  | 16.0 |
Balance—June 30, 2021 | $ | 249.5 |  |  | $ | 432.0 |  |  | $ | 681.5 |
Acquisition of Dosimetry Badge | 0.9 |  |  | — |  |  | 0.9 |
Balance—Translation adjustment | (0.4) |  |  | (4.6) |  |  | (5.0) |
Balance—October 19, 2021 | $ | 250.0 |  |  | $ | 427.4 |  |  | $ | 677.4 |
Successor
| Medical |  | Industrial |  | Consolidated
Balance—October 20, 2021 | $ | — |  |  | $ | — |  |  | $ | — |
Acquisition of Mirion | 675.2 |  |  | 963.8 |  |  | 1,639.0 |
Acquisition of CHP Badge | 1.5 |  |  | — |  |  | 1.5 |
Acquisition of Safeline | 0.8 |  |  | — |  |  | 0.8 |
Acquisition of CIRS | 35.0 |  |  | — |  |  | 35.0 |
Translation adjustment | — |  |  | (13.7) |  |  | (13.7) |
Balance—December 31, 2021 | $ | 712.5 |  |  | $ | 950.1 |  |  | $ | 1,662.6 |
Schedule of Finite-Lived Intangible Assets | A summary of intangible assets useful lives, gross carrying value and related accumulated amortization is below (in millions):
Successor
|  |  | December 31, 2021
| Original Average Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | 6-13 |  | $ | 341.0 |  |  | $ | (15.3) |  |  | $ | 325.8 |
Distributor relationships | 7-13 |  | 61.0 |  |  | (1.5) |  | 59.5
Developed technology | 5-16 |  | 251.2 |  |  | (5.9) |  | 245.3
Trade names | 3-10 |  | 100.0 |  |  | (2.1) |  | 97.9
Backlog and other | 1-4 |  | 85.7 |  |  | (7.2) |  | 78.4
Total |  |  | $ | 838.9 |  |  | $ | (32.0) |  |  | $ | 806.9 |
Predecessor
|  |  | June 30, 2021
| Original Average Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | 6-17 |  | $ | 420.4 |  |  | $ | (205.6) |  |  | $ | 214.8 |
Developed technology | 3-16 |  | 184.5 |  |  | (104.7) |  |  | 79.8 |
Trade names | 5-9 |  | 47.4 |  |  | (29.5) |  |  | 17.9 |
Backlog and other | 1-9 |  | 40.6 |  |  | (26.8) |  |  | 13.8 |
Total |  |  | $ | 692.9 |  |  | $ | (366.6) |  |  | $ | 326.3 |
|  |  | June 30, 2020
| Original Average Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | 6-15 |  | $ | 358.5 |  |  | $ | (170.5) |  |  | $ | 188.0 |
Developed technology | 3-16 |  | 130.0 |  |  | (81.0) |  |  | 49.0 |
Trade names | 5-9 |  | 32.9 |  |  | (22.4) |  |  | 10.5 |
Backlog and other | 1-9 |  | 22.8 |  |  | (22.0) |  |  | 0.8 |
Total |  |  | $ | 544.2 |  |  | $ | (295.9) |  |  | $ | 248.3 |
Schedule of Finite-lived Intangible Assets Amortization Expense | Aggregate amortization expense for intangible assets included in cost of revenues and operating expenses was as follows (in millions):
| Successor |  |  | Predecessor
| From October 20, 2021 through December 31, 2021 |  |  | From July 1, 2021 through October 19, 2021 |  | Fiscal Year Ended June 30, 2021 |  | Fiscal Year Ended June 30, 2020 |  | Fiscal Year Ended June 30, 2019
Amortization expense for intangible assets in: |  |  |  |  |  |  |  |  |  |
Cost of revenues | $ | 5.6 |  |  |  | $ | 6.6 |  |  | $ | 20.9 |  |  | $ | 17.9 |  |  | $ | 18.4 |
Operating expenses | $ | 26.4 |  |  |  | $ | 13.1 |  |  | $ | 41.9 |  |  | $ | 32.7 |  |  | $ | 34.5 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Future annual amortization expense at current exchange rates is as follows (in millions):
Fiscal year ending December 31: |
2022 | $ | 142.9 |
2023 | 126.9 |
2024 | 112.5 |
2025 | 90.4 |
2026 | 83.3 |
2027 and thereafter | 250.9 |
Total | $ | 806.9 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration