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Goodwill and Intangible Assets | 9 Months Ended
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Mar. 31, 2023
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 nine-month period ended March 31, 2023 were as follows (in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | And | ​ | ​ | ​
​ | ​ | Security | ​ | Healthcare | ​ | Manufacturing | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Consolidated
Balance as of June 30, 2022 | ​ | $ | 225,555 | ​ | $ | 43,187 | ​ | $ | 67,615 | ​ | $ | 336,357
Goodwill acquired or adjusted during the period | ​ |  | 5,659 | ​ |  | 5,050 | ​ |  | — | ​ |  | 10,709
Foreign currency translation adjustment | ​ |  | 48 | ​ |  | 44 | ​ |  | (442) | ​ |  | (350)
Balance as of March 31, 2023 | ​ | $ | 231,262 | ​ | $ | 48,281 | ​ | $ | 67,173 | ​ | $ | 346,716
​ Intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022 | ​ | March 31, 2023
​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Accumulated | ​ | Intangibles | ​ | Carrying | ​ | Accumulated | ​ | Intangibles
​ |  | Value |  | Amortization |  | Net |  | Value |  | Amortization |  | Net
Amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Software development costs | ​ | $ | 64,096 | ​ | $ | (18,934) | ​ | $ | 45,162 | ​ | $ | 73,826 | ​ | $ | (19,289) | ​ | $ | 54,537
Patents | ​ |  | 8,541 | ​ |  | (2,987) | ​ |  | 5,554 | ​ |  | 8,611 | ​ |  | (3,297) | ​ |  | 5,314
Developed technology | ​ |  | 66,901 | ​ |  | (31,071) | ​ |  | 35,830 | ​ |  | 68,411 | ​ |  | (36,487) | ​ |  | 31,924
Customer relationships | ​ |  | 53,736 | ​ |  | (32,785) | ​ |  | 20,951 | ​ |  | 54,109 | ​ |  | (37,114) | ​ |  | 16,995
Total amortizable assets | ​ |  | 193,274 | ​ |  | (85,777) | ​ |  | 107,497 | ​ |  | 204,957 | ​ |  | (96,187) | ​ |  | 108,770
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
In-process R&D | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533 | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533
Trademarks | ​ |  | 30,340 | ​ |  | — | ​ |  | 30,340 | ​ |  | 30,889 | ​ |  | — | ​ |  | 30,889
Total intangible assets | ​ | $ | 224,147 | ​ | $ | (85,777) | ​ | $ | 138,370 | ​ | $ | 236,379 | ​ | $ | (96,187) | ​ | $ | 140,192
​ Amortization expense related to intangible assets was $4.4 million and $4.8 million for the three months ended March 31, 2022 and 2023, respectively. For the nine months ended March 31, 2022 and 2023, amortization expense related to intangible assets was $13.0 million and $14.2 million, respectively. ​ At March 31, 2023, the estimated future amortization expense for intangible assets was as follows (in thousands): ​ Fiscal Year ​
​ | ​ | ​ | ​
2023 (remaining 3 months) |  | $ | 4,820
2024 | ​ |  | 19,076
2025 | ​ |  | 15,950
2026 | ​ |  | 12,614
2027 | ​ | ​ | 8,731
Thereafter | ​ |  | 47,579
Total | ​ | $ | 108,770
​ 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 March 31, 2022 and 2023, we capitalized software development costs in the amounts of $4.0 million and $4.1 million, respectively. For the nine months ended March 31, 2022 and 2023, we capitalized software development costs in the amounts of $11.7 million and $12.0 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 https://asc.fasb.org/topic&trid=2144416 + Details
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