XML 39 R22.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2019
Goodwill and Intangible Assets |
Schedule of changes in carrying amount of goodwill | The changes in the carrying value of goodwill by segment for the six-month period ended December 31, 2019 are 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 | ​ |  | 1,843 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,843
Foreign currency translation adjustment | ​ |  | (116) | ​ |  | 90 | ​ |  | 504 | ​ |  | 478
Balance as of December 31, 2019 | ​ | $ | 201,806 | ​ | $ | 40,154 | ​ | $ | 67,469 | ​ | $ | 309,429
Schedule of intangible assets | Intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2019 | ​ | December 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 | ​ | $ | 29,393 | ​ | $ | (12,747) | ​ | $ | 16,646 | ​ | $ | 32,584 | ​ | $ | (14,761) | ​ | $ | 17,823
Patents | ​ | 19 years | ​ |  | 8,688 | ​ |  | (1,927) | ​ |  | 6,761 | ​ |  | 9,288 | ​ | ​ | (2,138) | ​ | ​ | 7,150
Developed technology | ​ | 10 years | ​ |  | 53,460 | ​ |  | (14,050) | ​ |  | 39,410 | ​ |  | 53,464 | ​ | ​ | (16,780) | ​ | ​ | 36,684
Customer relationships/backlog | ​ | 7 years | ​ |  | 63,101 | ​ |  | (22,132) | ​ |  | 40,969 | ​ |  | 62,767 | ​ | ​ | (26,217) | ​ | ​ | 36,550
Total amortizable assets | ​ | ​ | ​ |  | 154,642 | ​ |  | (50,856) | ​ |  | 103,786 | ​ |  | 158,103 | ​ | ​ | (59,896) | ​ | ​ | 98,207
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
IPR&D | ​ | ​ | ​ | ​ | 2,290 | ​ | ​ | — | ​ | ​ | 2,290 | ​ | ​ | 2,288 | ​ | ​ | — | ​ | ​ | 2,288
Trademarks | ​ | ​ | ​ |  | 26,878 | ​ |  | — | ​ |  | 26,878 | ​ |  | 26,969 | ​ | ​ | — | ​ | ​ | 26,969
Total intangible assets | ​ | ​ | ​ | $ | 183,810 | ​ | $ | (50,856) | ​ | $ | 132,954 | ​ | $ | 187,360 | ​ | $ | (59,896) | ​ | $ | 127,464
Schedule of estimated future amortization expense for intangible assets | ​ At December 31, 2019, the estimated future amortization expense for intangible assets was as follows (in thousands): ​
​ | ​ | ​ | ​
2020 (remaining 6 months) |  | $ | 9,308
2021 | ​ |  | 17,662
2022 | ​ |  | 15,406
2023 | ​ |  | 14,104
2024 | ​ |  | 13,321
Thereafter, including assets that have not yet begun to be amortized | ​ |  | 28,406
Total | ​ | $ | 98,207
​

X
- 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
Name: | osis_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix: | osis_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 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
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -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
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration