XML 15 R11.htm IDEA: XBRL DOCUMENT
v3.19.3

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Sep. 30, 2019
Goodwill and Intangible Assets |
Goodwill and Intangible Assets | 4. Goodwill and Intangible Assets ​ The changes in the carrying value of goodwill by segment for the three month period ended September 30, 2019 were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​
​ |  | Security |  | Healthcare |  | Manufacturing |  | ​ | ​
​ | ​ | Division | ​ | Division | ​ | Division | ​ | Consolidated
Balance as of June 30, 2019 | ​ | $ | 200,079 | ​ | $ | 40,064 | ​ | $ | 66,965 | ​ | $ | 307,108
Goodwill adjusted during the period | ​ |  | 483 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 483
Foreign currency translation adjustment | ​ |  | (254) | ​ |  | (78) | ​ |  | (546) | ​ |  | (878)
Balance as of September 30, 2019 | ​ | $ | 200,308 | ​ | $ | 39,986 | ​ | $ | 66,419 | ​ | $ | 306,713
​ Intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2019 | ​ | September 30, 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 | ​ | $ | 29,393 | ​ | $ | (12,747) | ​ | $ | 16,646 | ​ | $ | 30,740 | ​ | $ | (13,992) | ​ | $ | 16,748
Patents | ​ | 19 years | ​ |  | 8,688 | ​ |  | (1,927) | ​ |  | 6,761 | ​ |  | 9,104 | ​ | ​ | (2,033) | ​ | ​ | 7,071
Developed technology | ​ | 10 years | ​ |  | 53,460 | ​ |  | (14,050) | ​ |  | 39,410 | ​ |  | 53,443 | ​ | ​ | (15,412) | ​ | ​ | 38,031
Customer relationships/backlog | ​ | 7 years | ​ |  | 63,101 | ​ |  | (22,132) | ​ |  | 40,969 | ​ |  | 62,484 | ​ | ​ | (23,862) | ​ | ​ | 38,622
Total amortizable assets | ​ | ​ | ​ |  | 154,642 | ​ |  | (50,856) | ​ |  | 103,786 | ​ |  | 155,771 | ​ | ​ | (55,299) | ​ | ​ | 100,472
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
IPR&D | ​ | ​ | ​ | ​ | 2,290 | ​ | ​ | — | ​ | ​ | 2,290 | ​ | ​ | 2,290 | ​ | ​ | — | ​ | ​ | 2,290
Trademarks | ​ | ​ | ​ |  | 26,878 | ​ |  | — | ​ |  | 26,878 | ​ |  | 26,871 | ​ | ​ | — | ​ | ​ | 26,871
Total intangible assets | ​ | ​ | ​ | $ | 183,810 | ​ | $ | (50,856) | ​ | $ | 132,954 | ​ | $ | 184,932 | ​ | $ | (55,299) | ​ | $ | 129,633
​ Amortization expense related to intangible assets was $5.3 million and $4.9 million for the three months ended September 30, 2018 and 2019, respectively. ​ At September 30, 2019, the estimated future amortization expense for intangible assets was as follows (in thousands): ​
​ | ​ | ​ | ​
2020 (remaining 9 months) |  | $ | 15,523
2021 | ​ |  | 19,009
2022 | ​ |  | 15,142
2023 | ​ |  | 14,001
2024 | ​ |  | 12,947
Thereafter, including assets that have not yet begun to be amortized | ​ |  | 23,850
Total | ​ | $ | 100,472
​ Software development costs for software products incurred before establishing technological feasibility are charged to operations. Software development costs incurred after establishing technological feasibility are capitalized on a product by product basis until the product is available for general release to customers at which time amortization begins. Annual amortization, charged to cost of goods sold, is the amount computed using the ratio that current revenues for a product bear to the total current and anticipated future revenues for that product. In the event that future revenues are not estimable, such costs are amortized on a straight-line basis over the remaining estimated economic life of the product. Amortizable assets that have not yet begun to be amortized are included in Thereafter in the table above. For the three months ended September 30, 2018 and 2019, we capitalized software development costs in the amount of $0.4 million and $1.3 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration