XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Other Intangible Assets | 9 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such carrying amounts, is as follows:
(in thousands) | Industrial |  | Widia |  | Infrastructure |  | Total
Gross goodwill | $ | 411,458 |  |  | $ | 41,186 |  |  | $ | 633,211 |  |  | $ | 1,085,855 |
Accumulated impairment losses | (137,204 | ) |  | (13,638 | ) |  | (633,211 | ) |  | (784,053 | )
Balance as of June 30, 2018 | $ | 274,254 |  |  | $ | 27,548 |  |  | $ | — |  |  | $ | 301,802 |
Activity for the nine months ended March 31, 2019: |  |  |  |  |  |  |
Change in gross goodwill due to translation | (3,409 | ) |  | (114 | ) |  | — |  |  | (3,523 | )
Gross goodwill | 408,049 |  |  | 41,072 |  |  | 633,211 |  |  | 1,082,332 |
Accumulated impairment losses | (137,204 | ) |  | (13,638 | ) |  | (633,211 | ) |  | (784,053 | )
Balance as of March 31, 2019 | $ | 270,845 |  |  | $ | 27,434 |  |  | $ | — |  |  | $ | 298,279 |
The components of our other intangible assets were as follows:
| Estimated Useful Life (in years) |  | March 31, 2019 | June 30, 2018
(in thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  |  | Gross Carrying Amount |  | Accumulated Amortization
Contract-based | 3 to 15 |  | $ | 7,060 |  |  | $ | (7,055 | ) |  |  | $ | 7,061 |  |  | $ | (7,036 | )
Technology-based and other | 4 to 20 |  | 46,446 |  |  | (31,732 | ) |  |  | 46,666 |  |  | (30,923 | )
Customer-related | 10 to 21 |  | 205,338 |  |  | (92,188 | ) |  |  | 206,162 |  |  | (85,301 | )
Unpatented technology | 10 to 30 |  | 31,796 |  |  | (14,921 | ) |  |  | 31,854 |  |  | (13,096 | )
Trademarks | 5 to 20 |  | 12,384 |  |  | (9,219 | ) |  |  | 12,450 |  |  | (8,978 | )
Trademarks | Indefinite |  | 17,238 |  |  | — |  |  |  | 17,609 |  |  | — |
Total |  |  | $ | 320,262 |  |  | $ | (155,115 | ) |  |  | $ | 321,802 |  |  | $ | (145,334 | )

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration