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GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2022

GOODWILL AND INTANGIBLE ASSETS

Schedule of changes in the carrying value of goodwill by segment

The changes in the carrying amount of goodwill by segment for fiscal 2021 and 2022 are 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

​

2,322

​

3,244

​

—

​

5,566

Foreign currency translation adjustment

​

477

​

357

​

3,277

​

4,111

Balance as of June 30, 2021

​

$

206,426

​

$

43,584

​

$

70,294

​

$

320,304

Goodwill acquired or adjusted during the period

​

19,436

​

—

​

—

​

19,436

Foreign currency translation adjustment

​

(307)

​

(397)

​

(2,679)

​

(3,383)

Balance as of June 30, 2022

​

$

225,555

​

$

43,187

​

$

67,615

​

$

336,357

Schedule of intangible assets

Intangible assets consisted of the following (amounts in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2021

​

June 30, 2022

​

​

Weighted

​

Gross

​

​

​

​

​

​

​

Gross

​

​

​

​

​

​

​

​

Average

​

Carrying

​

Accumulated

​

Intangibles

​

Carrying

​

Accumulated

​

Intangibles

​

Lives

Value

Amortization

Net

Value

Amortization

Net

Amortizable assets:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Software development costs

8-9 years

​

$

49,183

​

$

(15,679)

​

$

33,504

​

$

64,096

​

$

(18,934)

​

$

45,162

Patents

19 years

​

8,753

​

(2,597)

​

6,156

​

8,541

​

(2,987)

​

5,554

Developed technology

10 years

​

60,665

​

(25,923)

​

34,742

​

66,901

​

(31,071)

​

35,830

Customer relationships

7 years

​

50,676

​

(26,588)

​

24,088

​

53,736

​

(32,785)

​

20,951

Total amortizable assets

​

​

​

169,277

​

(70,787)

​

98,490

​

193,274

​

(85,777)

​

107,497

Non-amortizable assets:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

In-process R&D

​

​

​

​

533

​

​

—

​

​

533

​

​

533

​

​

—

​

​

533

Trademarks

​

​

​

28,585

​

—

​

28,585

​

30,340

​

—

​

30,340

Total intangible assets

​

​

​

$

198,395

​

$

(70,787)

​

$

127,608

​

$

224,147

​

$

(85,777)

​

$

138,370

Schedule of estimated future amortization expense for intangible assets

At June 30, 2022, the estimated future amortization expense was as follows (in thousands):

​

​	​	​	​
2023		$	18,581
2024	​		17,617
2025	​		16,781
2026	​		15,174
2027	​	​	12,005
Thereafter	​		27,339
Total	​	$	107,497

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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.

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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