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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2019
GOODWILL AND INTANGIBLE ASSETS |
Schedule of changes in carrying amount of goodwill | The changes in the carrying amount of goodwill by segment for fiscal 2018 and 2019 are as follows (in thousands):
|  |  |  |  |  |  |  | Optoelectronics |  |  |
|  |  |  |  |  |  |  | and |  |  |
|  | Security |  | Healthcare |  | Manufacturing |  |  |
|  | Division |  | Division |  | Division |  | Consolidated
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)
Balance as of June 30, 2018 |  | $ | 191,810 |  | $ | 40,157 |  | $ | 60,246 |  | $ | 292,213
Goodwill acquired or adjusted during the period |  |  | 8,340 |  |  | — |  |  | 7,019 |  |  | 15,359
Foreign currency translation adjustment |  |  | (71) |  |  | (93) |  |  | (300) |  |  | (464)
Balance as of June 30, 2019 |  | $ | 200,079 |  | $ | 40,064 |  | $ | 66,965 |  | $ | 307,108
Schedule of intangible assets | Intangible assets subject to amortization consisted of the following (amounts in thousands):
|  |  |  | June 30, 2018 |  | June 30, 2019
|  | Weighted |  | Gross |  |  |  |  |  |  |  | Gross |  |  |  |  |  |
|  | Average |  | Carrying |  | Accumulated |  | Intangibles |  | Carrying |  | Accumulated |  | Intangibles
|  | Lives |  | Value |  | Amortization |  | Net |  | Value |  | Amortization |  | Net
Amortizable assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Software development costs |  | 9 years |  | $ | 28,174 |  | $ | (9,423) |  | $ | 18,751 |  | $ | 29,393 |  | $ | (12,747) |  | $ | 16,646
Patents |  | 19 years |  |  | 8,401 |  |  | (1,618) |  |  | 6,783 |  |  | 8,688 |  |  | (1,927) |  |  | 6,761
Developed technology |  | 10 years |  |  | 52,780 |  |  | (9,706) |  |  | 43,074 |  |  | 53,460 |  |  | (14,050) |  |  | 39,410
Customer relationships/backlog |  | 7 years |  |  | 63,398 |  |  | (17,891) |  |  | 45,507 |  |  | 63,101 |  |  | (22,132) |  |  | 40,969
Total amortizable assets |  |  |  |  | 152,753 |  |  | (38,638) |  |  | 114,115 |  |  | 154,642 |  |  | (50,856) |  |  | 103,786
Non-amortizable assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IPR&D |  |  |  |  | 2,290 |  |  | — |  |  | 2,290 |  |  | 2,290 |  |  | — |  |  | 2,290
Trademarks |  |  |  |  | 25,596 |  |  | — |  |  | 25,596 |  |  | 26,878 |  |  | — |  |  | 26,878
Total intangible assets |  |  |  | $ | 180,639 |  | $ | (38,638) |  | $ | 142,001 |  | $ | 183,810 |  | $ | (50,856) |  | $ | 132,954
Schedule of estimated future amortization expense | At June 30, 2019, the estimated future amortization expense was as follows (in thousands):
2020 |  | $ | 19,960
2021 |  |  | 18,825
2022 |  |  | 14,984
2023 |  |  | 13,904
2024 |  |  | 12,883
Thereafter, including assets that have not yet begun to be amortized |  |  | 23,230
Total |  | $ | 103,786

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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://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=108376223&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=108376223&loc=d3e13854-109267 + Details
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