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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2023
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 carrying amounts, is as follows:
(in thousands)Metal CuttingInfrastructureTotal
Gross goodwill$447,212 $633,211 $1,080,423 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2023
$269,551 $— $269,551 
Activity for the three months ended September 30, 2023:
Change in gross goodwill due to translation(2,969)— (2,969)
Gross goodwill444,243 633,211 1,077,454 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of September 30, 2023
$266,582 $— $266,582 
The components of intangible assets
The components of our other intangible assets were as follows:
 Estimated
Useful Life
(in years)
September 30, 2023June 30, 2023
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Technology-based and other
4 to 20
$31,618 $(23,769)$31,872 $(23,838)
Customer-related
10 to 21
179,286 (114,264)179,889 (112,890)
Unpatented technology
10 to 30
31,467 (25,774)31,487 (25,177)
Trademarks
5 to 20
12,384 (11,674)12,426 (11,441)
TrademarksIndefinite10,543 — 10,836 — 
Total$265,298 $(175,481)$266,510 $(173,346)