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Goodwill and Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets  
Schedule of carrying amount of goodwill

 

The changes in the carrying value of goodwill for the nine month period ended March 31, 2015 are as follows (in thousands):

 

 

 

Security

 

Healthcare

 

Optoelectronics
and
Manufacturing

 

Consolidated

 

Balance as of June 30, 2014

 

$

29,507

 

$

37,237

 

$

25,863

 

$

92,607

 

Goodwill acquired or adjusted during the period

 

957

 

6,210

 

37

 

7,204

 

Foreign currency translation adjustment

 

(818

)

(1,352

)

(929

)

(3,099

)

Balance as of March 31, 2015

 

$

29,646

 

$

42,095

 

$

24,971

 

$

96,712

 

 

Schedule of intangible assets

 

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

June 30, 2014

 

March 31, 2015

 

 

 

Weighted
Average
Lives

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Intangibles
Net

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Intangibles
Net

 

Amortizable assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development costs

 

9 years

 

$

21,165 

 

$

6,716 

 

$

14,449 

 

$

23,891 

 

$

7,269 

 

$

16,622 

 

Patents

 

17 years

 

6,566 

 

765 

 

5,801 

 

7,456 

 

916 

 

6,540 

 

Developed and core technology

 

11 years

 

20,597 

 

13,709 

 

6,888 

 

23,343 

 

14,497 

 

8,846 

 

Customer relationships/ backlog

 

7 years

 

11,419 

 

7,011 

 

4,408 

 

10,076 

 

4,664 

 

5,412 

 

Total amortizable assets

 

 

 

59,747 

 

28,201 

 

31,546 

 

64,766 

 

27,346 

 

37,420 

 

Non-amortizable assets - Trademarks

 

 

 

12,069 

 

 

12,069 

 

12,776 

 

 

12,776 

 

Total intangible assets

 

 

 

$

71,816 

 

$

28,201 

 

$

43,615 

 

$

77,542 

 

$

27,346 

 

$

50,196 

 

 

Schedule of estimated future amortization expense

At March 31, 2015, the estimated future amortization expense was as follows (in thousands):

 

Fiscal Years

 

 

 

2015 (remaining 3 months)

 

$

944 

 

2016

 

4,290 

 

2017

 

4,642 

 

2018

 

4,824 

 

2019

 

3,838 

 

2020

 

3,394 

 

2021 and thereafter, including assets that have not yet begun to be amortized

 

15,488 

 

Total

 

$

37,420