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Goodwill and Other Intangible Assets
3 Months Ended
Sep. 30, 2024
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, is as follows:
(in thousands)Metal CuttingInfrastructureTotal
Gross goodwill$449,228 $633,211 $1,082,439 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2024
$271,567 $— $271,567 
Activity for the three months ended September 30, 2024:
Change in gross goodwill due to translation5,773 — 5,773 
Gross goodwill455,001 633,211 1,088,212 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of September 30, 2024
$277,340 $— $277,340 
The components of our other intangible assets were as follows:
 Estimated
Useful Life
(in years)
September 30, 2024June 30, 2024
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Technology-based and other
4 to 20
$32,266 $(25,211)$31,715 $(24,476)
Customer-related
10 to 21
180,870 (123,149)179,529 (120,091)
Unpatented technology
10 to 30
31,621 (27,671)31,485 (27,130)
Trademarks
5 to 20
23,596 (13,045)23,044 (12,655)
Total$268,353 $(189,076)$265,773 $(184,352)