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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2018
GOODWILL AND INTANGIBLE ASSETS |
Schedule of changes in carrying amount of goodwill | The changes in the carrying amount of goodwill for fiscal 2017 and 2018 are as follows (in thousands):
|  | Security Division |  | Healthcare Division |  | Optoelectronics and Manufacturing Division |  | Consolidated |
Balance as of June 30, 2016 |  | $ | 32,922 |  | $ | 42,574 |  | $ | 47,323 |  | $ | 122,819 |
Goodwill acquired or adjusted during the period |  |  | 122,022 |  |  | — |  |  | — |  |  | 122,022 |
Goodwill reduced as part of a divestiture |  |  | — |  |  | (2,200 | ) |  | — |  |  | (2,200 | )
Foreign currency translation adjustment |  |  | 139 |  |  | (245 | ) |  | (406 | ) |  | (512 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance as of June 30, 2017 |  | $ | 155,083 |  | $ | 40,129 |  | $ | 46,917 |  | $ | 242,129 |
Goodwill acquired or adjusted during the period |  |  | 36,889 |  |  | — |  |  | 13,986 |  |  | 50,875 |
Foreign currency translation adjustment |  |  | (162 | ) |  | 28 |  |  | (657 | ) |  | (791 | )
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Balance as of June 30, 2018 |  | $ | 191,810 |  | $ | 40,157 |  | $ | 60,246 |  | $ | 292,213 |
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Schedule of intangible assets | Intangible assets subject to amortization consisted of the following (in thousands):
|  |  |  | June 30, 2017 |  | June 30, 2018 |
|  | Weighted Average Lives |  | Gross Carrying Value |  | Accumulated Amortization |  | Intangibles Net |  | Gross Carrying Value |  | Accumulated Amortization |  | Intangibles Net |
Amortizable assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Software development costs |  | 9 years |  | $ | 26,753 |  | $ | (6,291 | ) | $ | 20,462 |  | $ | 28,474 |  | $ | (9,586 | ) | $ | 18,888 |
Patents |  | 19 years |  |  | 8,386 |  |  | (1,676 | ) |  | 6,710 |  |  | 8,401 |  |  | (1,618 | ) |  | 6,783 |
Developed technology |  | 10 years |  |  | 37,446 |  |  | (5,530 | ) |  | 31,916 |  |  | 51,780 |  |  | (9,656 | ) |  | 42,124 |
Customer relationships/backlog |  | 7 years |  |  | 38,289 |  |  | (7,667 | ) |  | 30,622 |  |  | 63,098 |  |  | (17,728 | ) |  | 45,370 |
IPR&D |  | 5 years |  |  | 3,200 |  |  | — |  |  | 3,200 |  |  | 3,290 |  |  | (50 | ) |  | 3,240 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total amortizable assets |  |  |  |  | 114,074 |  |  | (21,164 | ) |  | 92,910 |  |  | 155,043 |  |  | (38,638 | ) |  | 116,405 |
Non-amortizable assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  |  |  |  | 25,540 |  |  | — |  |  | 25,540 |  |  | 25,596 |  |  | — |  |  | 25,596 |
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Total intangible assets |  |  |  | $ | 139,614 |  | $ | (21,164 | ) | $ | 118,450 |  | $ | 180,639 |  | $ | (38,638 | ) | $ | 142,001 |
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Schedule of estimated future amortization expense | At June 30, 2018, estimated future amortization expense was as follows (in thousands):
2019 |  | $ | 19,384 |
2020 |  |  | 18,600 |
2021 |  |  | 17,842 |
2022 |  |  | 13,539 |
2023 |  |  | 12,743 |
Thereafter, including assets that have not yet begun to be amortized |  |  | 34,297 |
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Total |  | $ | 116,405 |
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- Definition Tabular disclosure of the carrying value of finite-lived and indefinite-lived intangible assets, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of the company. + References No definition available. + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -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
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