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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2023
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 2022 and 2023 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Consolidated
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
Goodwill acquired or adjusted during the period | ​ |  | 5,021 | ​ |  | 5,161 | ​ |  | 2,574 | ​ |  | 12,756
Foreign currency translation adjustment | ​ |  | 86 | ​ |  | 107 | ​ |  | 199 | ​ |  | 392
Balance as of June 30, 2023 | ​ | $ | 230,662 | ​ | $ | 48,455 | ​ | $ | 70,388 | ​ | $ | 349,505
Schedule of intangible assets | Intangible assets consisted of the following (dollar amounts in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2022 | ​ | June 30, 2023
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Average | ​ | Carrying | ​ | Accumulated | ​ | Intangibles | ​ | Carrying | ​ | Accumulated | ​ | Intangibles
​ |  | Lives |  | Value |  | Amortization |  | Net |  | Value |  | Amortization |  | Net
Amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Software development costs |  | 7-8 years | ​ | $ | 64,096 | ​ | $ | (18,934) | ​ | $ | 45,162 | ​ | $ | 77,844 | ​ | $ | (20,285) | ​ | $ | 57,559
Patents |  | 19 years | ​ |  | 8,541 | ​ |  | (2,987) | ​ |  | 5,554 | ​ |  | 8,636 | ​ |  | (3,404) | ​ |  | 5,232
Developed technology |  | 10 years | ​ |  | 66,901 | ​ |  | (31,071) | ​ |  | 35,830 | ​ |  | 68,274 | ​ |  | (38,353) | ​ |  | 29,921
Customer relationships |  | 7-8 years | ​ |  | 53,736 | ​ |  | (32,785) | ​ |  | 20,951 | ​ |  | 55,780 | ​ |  | (39,101) | ​ |  | 16,679
Total amortizable assets | ​ | ​ | ​ |  | 193,274 | ​ |  | (85,777) | ​ |  | 107,497 | ​ |  | 210,534 | ​ |  | (101,143) | ​ |  | 109,391
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
In-process R&D | ​ | ​ | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533 | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533
Trademarks | ​ | ​ | ​ |  | 30,340 | ​ |  | — | ​ |  | 30,340 | ​ |  | 30,933 | ​ |  | — | ​ |  | 30,933
Total intangible assets | ​ | ​ | ​ | $ | 224,147 | ​ | $ | (85,777) | ​ | $ | 138,370 | ​ | $ | 242,000 | ​ | $ | (101,143) | ​ | $ | 140,857
Schedule of estimated future amortization expense for intangible assets | At June 30, 2023, the estimated future amortization expense was as follows (in thousands): ​
​ | ​ | ​ | ​
2024 |  | $ | 18,758
2025 | ​ |  | 16,042
2026 | ​ |  | 13,112
2027 | ​ |  | 9,054
2028 | ​ | ​ | 6,544
Thereafter | ​ |  | 45,881
Total | ​ | $ | 109,391

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- 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
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