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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2016
GOODWILL AND INTANGIBLE ASSETS  
Schedule of carrying amount of goodwill

        The changes in the carrying amount of goodwill for fiscal 2015 and 2016 are as follows (in thousands):

                                                                                                                                                                                    

 

 

 

Security
Division

 

Healthcare
Division

 

Optoelectronics
and
Manufacturing
Division

 

Consolidated

 

Balance as of June 30, 2014

 

$

29,507

 

$

37,237

 

$

25,863

 

$

92,607

 

Goodwill acquired or adjusted during the period

 

 

957

 

 

6,988

 

 

(49

)

 

7,896

 

Foreign currency translation adjustment

 

 

(734

)

 

(1,043

)

 

(559

)

 

(2,336

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of June 30, 2015

 

$

29,730

 

$

43,182

 

$

25,255

 

$

98,167

 

Goodwill acquired or adjusted during the period

 

 

3,187

 

 

 

 

23,980

 

 

27,167

 

Foreign currency translation adjustment

 

 

5

 

 

(608

)

 

(1,912

)

 

(2,515

)

​  

​  

​  

​  

​  

​  

​  

​  

Balance as of June 30, 2016

 

$

32,922

 

$

42,574

 

$

47,323

 

$

122,819

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of intangible assets subject to amortization

        Intangible assets subject to amortization consisted of the following (in thousands):

                                                                                                                                                                                    

 

 

 

 

 

June 30, 2015

 

June 30, 2016

 

 

 

Weighted
Average
Lives

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Intangibles
Net

 

Gross
Carrying
Value

 

Accumulated
Amortization

 

Intangibles
Net

 

Amortizable assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development costs

 

8 years

 

$

24,631 

 

$

7,500 

 

$

17,131 

 

$

22,091 

 

$

4,120 

 

$

17,971 

 

Patents

 

20 years

 

 

7,206 

 

 

994 

 

 

6,212 

 

 

8,111 

 

 

1,760 

 

 

6,351 

 

Developed technology

 

11 years

 

 

13,397 

 

 

4,528 

 

 

8,869 

 

 

12,901 

 

 

3,969 

 

 

8,932 

 

Customer relationships/backlog

 

7 years

 

 

8,619 

 

 

3,406 

 

 

5,213 

 

 

14,223 

 

 

4,862 

 

 

9,361 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total amortizable assets

 

 

 

 

53,853 

 

 

16,428 

 

 

37,425 

 

 

57,326 

 

 

14,711 

 

 

42,615 

 

Non-amortizable assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

12,988 

 

 

 

 

12,988 

 

 

13,668 

 

 

 

 

13,668 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total intangible assets

 

 

 

$

66,841 

 

$

16,428 

 

$

50,413 

 

$

70,994 

 

$

14,711 

 

$

56,283 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated future amortization expense

        At June 30, 2016, estimated future amortization expense was as follows (in thousands):

                                                                                                                                                                                    

 

2017

 

$

7,784 

 

2018

 

 

8,647 

 

2019

 

 

7,282 

 

2020

 

 

4,787 

 

2021

 

 

2,594 

 

2022 and thereafter, including assets that have not yet begun to be amortized

 

 

11,521 

 

​  

​  

Total

 

$

42,615 

 

​  

​  

​  

​