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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2015
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 nine months ended March 31, 2015:
 
 
 
 
 
Acquisition
2,984

 

 
2,984

Translation
(24,910
)
 
(14,267
)
 
(39,177
)
Change in gross goodwill
(21,926
)
 
(14,267
)
 
(36,193
)
Impairment charges

 
(527,500
)
 
(527,500
)
 
 
 
 
 
 
Gross goodwill
450,411

 
639,814

 
1,090,225

Accumulated impairment losses
(150,842
)
 
(527,500
)
 
(678,342
)
Balance as of March 31, 2015
$
299,569

 
$
112,314

 
$
411,883

The components of intangible assets
The components of our other intangible assets were as follows:
 
 
Estimated
Useful Life
(in years)
 
March 31, 2015
June 30, 2014
(in thousands)
 
Gross Carrying
Amount

 
Accumulated
Amortization

 
 
Gross Carrying
Amount

 
Accumulated
Amortization

Contract-based
3 to 15
 
$
8,509

 
$
(6,781
)
 
 
$
23,446

 
$
(10,820
)
Technology-based and other
4 to 20
 
52,186

 
(28,644
)
 
 
54,842

 
(28,516
)
Customer-related
10 to 21
 
273,790

 
(84,640
)
 
 
285,751

 
(76,376
)
Unpatented technology
10 to 30
 
59,092

 
(13,679
)
 
 
61,867

 
(12,549
)
Trademarks
5 to 20
 
18,415

 
(11,500
)
 
 
19,256

 
(10,984
)
Trademarks
Indefinite
 
24,193

 

 
 
37,259

 

Total
 
 
$
436,185

 
$
(145,244
)
 
 
$
482,421

 
$
(139,245
)