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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2024
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 2023 and 2024 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Optoelectronics | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Security | ​ | Manufacturing | ​ | Healthcare | ​ | ​ | ​
​ |  | Division |  | Division |  | Division |  | Consolidated
Balance as of June 30, 2022 | ​ | $ | 225,555 | ​ | $ | 67,615 | ​ | $ | 43,187 | ​ | $ | 336,357
Goodwill acquired or adjusted during the period | ​ |  | 5,021 | ​ | ​ | 2,574 | ​ | ​ | 5,161 | ​ | ​ | 12,756
Foreign currency translation adjustment | ​ |  | 86 | ​ | ​ | 199 | ​ | ​ | 107 | ​ | ​ | 392
Balance as of June 30, 2023 | ​ | $ | 230,662 | ​ | $ | 70,388 | ​ | $ | 48,455 | ​ | $ | 349,505
Goodwill acquired or adjusted during the period | ​ |  | 1,628 | ​ | ​ | 827 | ​ | ​ | — | ​ | ​ | 2,455
Foreign currency translation adjustment | ​ |  | (75) | ​ | ​ | (408) | ​ | ​ | 3 | ​ | ​ | (480)
Balance as of June 30, 2024 | ​ | $ | 232,215 | ​ | $ | 70,807 | ​ | $ | 48,458 | ​ | $ | 351,480
Schedule of intangible assets | Intangible assets consisted of the following (dollar amounts in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2023 | ​ | June 30, 2024
​ | ​ | Weighted | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Average | ​ | Carrying | ​ | Accumulated | ​ | Intangibles | ​ | Carrying | ​ | Accumulated | ​ | Intangibles
​ |  | Lives |  | Value |  | Amortization |  | Net |  | Value |  | Amortization |  | Net
Amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Software development costs |  | 7 years | ​ | $ | 77,844 | ​ | $ | (20,285) | ​ | $ | 57,559 | ​ | $ | 79,228 | ​ | $ | (10,646) | ​ | $ | 68,582
Patents |  | 19 years | ​ | ​ | 8,636 | ​ | ​ | (3,404) | ​ | ​ | 5,232 | ​ | ​ | 9,116 | ​ | ​ | (3,861) | ​ | ​ | 5,255
Developed technology |  | 10 years | ​ | ​ | 68,274 | ​ | ​ | (38,353) | ​ | ​ | 29,921 | ​ | ​ | 70,186 | ​ | ​ | (45,740) | ​ | ​ | 24,446
Customer relationships |  | 7-8 years | ​ | ​ | 55,780 | ​ | ​ | (39,101) | ​ | ​ | 16,679 | ​ | ​ | 51,113 | ​ | ​ | (41,421) | ​ | ​ | 9,692
Total amortizable assets | ​ | ​ | ​ |  | 210,534 | ​ | ​ | (101,143) | ​ | ​ | 109,391 | ​ | ​ | 209,643 | ​ | ​ | (101,668) | ​ | ​ | 107,975
Non-amortizable assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
In-process R&D | ​ | ​ | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | 533 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Trademarks | ​ | ​ | ​ |  | 30,933 | ​ | ​ | — | ​ | ​ | 30,933 | ​ | ​ | 31,554 | ​ | ​ | — | ​ | ​ | 31,554
Total intangible assets | ​ | ​ | ​ | $ | 242,000 | ​ | $ | (101,143) | ​ | $ | 140,857 | ​ | $ | 241,197 | ​ | $ | (101,668) | ​ | $ | 139,529
Schedule of estimated future amortization expense for intangible assets | At June 30, 2024, the estimated future amortization expense was as follows (in thousands): ​
​ | ​ | ​ | ​
2025 |  | $ | 15,531
2026 | ​ |  | 12,144
2027 | ​ |  | 8,544
2028 | ​ |  | 5,602
2029 | ​ | ​ | 3,686
Thereafter | ​ |  | 62,468
Total | ​ | $ | 107,975

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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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