XML 46 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Dec. 31, 2016
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
 
Widia
 
Infrastructure
 
Total
Gross goodwill
$
408,705

 
$
40,624

 
$
633,211

 
$
1,082,540

Accumulated impairment losses
(137,204
)
 
(13,638
)
 
(633,211
)
 
(784,053
)
Balance as of June 30, 2016
$
271,501

 
$
26,986

 
$
—

 
$
298,487

 
 
 
 
 
 
 
 
Activity for the six months ended December 31, 2016:
 
 
 
 
 
 
 
Change in gross goodwill due to translation
(6,549
)
 
14

 
—

 
(6,535
)
Gross goodwill
402,156

 
40,638

 
633,211

 
1,076,005

Accumulated impairment losses
(137,204
)
 
(13,638
)
 
(633,211
)
 
(784,053
)
Balance as of December 31, 2016
$
264,952

 
$
27,000

 
$
—

 
$
291,952
The components of intangible assets
The components of our other intangible assets were as follows:
 
Estimated
Useful Life
(in years)
 
December 31, 2016
June 30, 2016
(in thousands)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
 
Gross Carrying
Amount
 
Accumulated
Amortization
Contract-based
3 to 15
 
$
7,058

 
$
(6,996
)
 
 
$
7,152

 
$
(6,886
)
Technology-based and other
4 to 20
 
45,914

 
(27,152
)
 
 
47,323

 
(27,011
)
Customer-related
10 to 21
 
203,731

 
(67,922
)
 
 
205,471

 
(66,938
)
Unpatented technology
10 to 30
 
31,659

 
(9,363
)
 
 
31,837

 
(4,614
)
Trademarks
5 to 20
 
12,230

 
(8,089
)
 
 
12,668

 
(8,644
)
Trademarks
Indefinite
 
16,197

 
—

 
 
16,850

 
—

Total
 
 
$
316,789

 
$
(119,522
)
 
 
$
321,301

 
$
(114,093
)