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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
The carrying amount of goodwill
A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such, is as follows:
(in thousands)
Industrial

 
Infrastructure

 
Total

Gross goodwill
$
472,337

 
$
654,081

 
$
1,126,418

Accumulated impairment losses
(150,842
)
 

 
(150,842
)
Balance as of June 30, 2014
$
321,495

 
$
654,081

 
$
975,576

 
 
 
 
 
 
Activity for the six months ended December 31, 2014:
 
 
 
 
 
Acquisition
2,984

 

 
2,984

Translation
(11,082
)
 
(12,911
)
 
(23,993
)
Change in gross goodwill
(8,098
)
 
(12,911
)
 
(21,009
)
Impairment charge

 
(375,000
)
 
(375,000
)
 
 
 
 
 
 
Gross goodwill
464,239

 
641,170

 
1,105,409

Accumulated impairment losses
(150,842
)
 
(375,000
)
 
(525,842
)
Balance as of December 31, 2014
$
313,397

 
$
266,170

 
$
579,567

The components of intangible assets
The components of our other intangible assets were as follows:
 
 
Estimated
Useful Life
(in years)
 
December 31, 2014
June 30, 2014
(in thousands)
 
Gross Carrying
Amount

 
Accumulated
Amortization

 
 
Gross Carrying
Amount

 
Accumulated
Amortization

Contract-based
3 to 15
 
$
8,534

 
$
(7,624
)
 
 
$
23,446

 
$
(10,820
)
Technology-based and other
4 to 20
 
53,657

 
(28,361
)
 
 
54,842

 
(28,516
)
Customer-related
10 to 21
 
278,993

 
(82,567
)
 
 
285,751

 
(76,376
)
Unpatented technology
10 to 30
 
60,201

 
(13,395
)
 
 
61,867

 
(12,549
)
Trademarks
5 to 20
 
18,764

 
(11,408
)
 
 
19,256

 
(10,984
)
Trademarks
Indefinite
 
33,457

 

 
 
37,259

 

Total
 
 
$
453,606

 
$
(143,355
)
 
 
$
482,421

 
$
(139,245
)