Goodwill and Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2019

The changes in the carrying value of goodwill for the nine month period ended March 31, 2019 are as follows (in thousands):


					Optoelectronics
					and
	Security		Healthcare		Manufacturing
	Division		Division		Division		Consolidated
Balance as of June 30, 2018	$	191,810	$	40,157	$	60,246	$	292,213
Goodwill acquired or adjusted during the period		7,992		—		7,472		15,464
Foreign currency translation adjustment		(135)		6		(87)		(216)
Balance as of March 31, 2019	$	199,667	$	40,163	$	67,631	$	307,461

Intangible assets consisted of the following (in thousands):


		June 30, 2018						March 31, 2019
	Weighted	Gross						Gross
	Average	Carrying		Accumulated		Intangibles		Carrying		Accumulated		Intangibles
	Lives	Value		Amortization		Net		Value		Amortization		Net
Amortizable assets:
Software development costs	8 years	$	28,174	$	(9,423)	$	18,751	$	28,706	$	(11,730)	$	16,976
Patents	19 years		8,401		(1,618)		6,783		8,456		(1,785)		6,671
Developed technology	10 years		52,780		(9,706)		43,074		54,604		(13,861)		40,743
Customer relationships/backlog	7 years		63,398		(17,891)		45,507		66,085		(22,842)		43,243
Total amortizable assets			152,753		(38,638)		114,115		157,851		(50,218)		107,633
Non-amortizable assets:
Trademarks and trade names			25,596		—		25,596		26,509		—		26,509
IPR&D			2,290		—		2,290		2,290		—		2,290
Total intangible assets		$	180,639	$	(38,638)	$	142,001	$	186,650	$	(50,218)	$	136,432

At March 31, 2019, the estimated future amortization expense of intangible assets was as follows (in thousands):


2019 (remaining 3 months)	$	5,329
2020		20,022
2021		18,732
2022		14,832
2023		13,750
Thereafter, including assets that have not yet begun to be amortized		34,968
Total	$	107,633