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Goodwill and Intangible Assets | 6 Months Ended
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Dec. 31, 2020
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 six-month period ended December 31, 2020 were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Consolidated
Balance as of June 30, 2020 | ​ | $ | 203,627 | ​ | $ | 39,983 | ​ | $ | 67,017 | ​ | $ | 310,627
Goodwill acquired or adjusted during the period | ​ |  | 1,412 | ​ |  | 3,244 | ​ |  | — | ​ |  | 4,656
Foreign currency translation adjustment | ​ |  | 483 | ​ |  | 266 | ​ |  | 2,255 | ​ |  | 3,004
Balance as of December 31, 2020 | ​ | $ | 205,522 | ​ | $ | 43,493 | ​ | $ | 69,272 | ​ | $ | 318,287
​ Intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2020 | ​ | December 31, 2020
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Average | ​ | Carrying | ​ | Accumulated | ​ | Intangibles | ​ | Carrying | ​ | Accumulated | ​ | Intangibles
​ |  | Lives |  | Value |  | Amortization |  | Net |  | Value |  | Amortization |  | Net
Amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Software development costs |  | 8 years | ​ | $ | 41,332 | ​ | $ | (16,295) | ​ | $ | 25,037 | ​ | $ | 46,136 | ​ | $ | (17,268) | ​ | $ | 28,868
Patents |  | 19 years | ​ |  | 9,962 | ​ |  | (2,584) | ​ |  | 7,378 | ​ |  | 9,986 | ​ |  | (2,744) | ​ |  | 7,242
Developed technology |  | 10 years | ​ |  | 55,719 | ​ |  | (19,556) | ​ |  | 36,163 | ​ |  | 60,894 | ​ |  | (22,733) | ​ |  | 38,161
Customer relationships/backlog |  | 7 years | ​ |  | 64,128 | ​ |  | (32,110) | ​ |  | 32,018 | ​ |  | 62,401 | ​ |  | (33,816) | ​ |  | 28,585
Total amortizable assets | ​ | ​ | ​ |  | 171,141 | ​ |  | (70,545) | ​ |  | 100,596 | ​ |  | 179,417 | ​ |  | (76,561) | ​ |  | 102,856
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
IPR&D | ​ | ​ | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533 | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533
Trademarks | ​ | ​ | ​ |  | 27,150 | ​ |  | — | ​ |  | 27,150 | ​ |  | 28,687 | ​ |  | — | ​ |  | 28,687
Total intangible assets | ​ | ​ | ​ | $ | 198,824 | ​ | $ | (70,545) | ​ | $ | 128,279 | ​ | $ | 208,637 | ​ | $ | (76,561) | ​ | $ | 132,076
​ Amortization expense related to intangible assets was $4.5 million and $5.6 million for the three months ended December 31, 2019 and 2020, respectively. For the six months ended December 31, 2019 and 2020, amortization expense related to intangible assets was $9.4 million and $10.3 million, respectively. ​ At December 31, 2020, the estimated future amortization expense for intangible assets was as follows (in thousands): ​
​ | ​ | ​ | ​
2021 (remaining 6 months) | ​ | $ | 9,957
2022 | ​ |  | 17,338
2023 | ​ |  | 17,393
2024 | ​ |  | 16,723
2025 | ​ |  | 13,997
Thereafter | ​ |  | 27,448
Total | ​ | $ | 102,856
​ 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 December 31, 2019 and 2020, we capitalized software development costs in the amounts of $1.9 million and $2.4 million, respectively. For the six months ended December 31, 2019 and 2020, we capitalized software development costs in the amounts of $3.2 million and $6.5 million, respectively.

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- 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
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