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Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
 12 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Disclosure
As of June 30, 2025, goodwill of $282.7 million was allocated to the Metal Cutting reporting unit. We completed annual tests of goodwill impairment and recorded no impairments during 2025, 2024 or 2023 for our Metal Cutting reporting unit.
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$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 year ended June 30, 2024:
Acquisition3,800 — 3,800 
Change in gross goodwill due to translation(1,784)— (1,784)
Gross goodwill449,228 633,211 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 year ended June 30, 2025:
Change in gross goodwill due to translation11,159 — 11,159 
Gross goodwill460,387 633,211 1,093,598 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2025$282,726 $— $282,726 
The components of our other intangible assets were as follows: 
 Estimated
Useful Life
(in years)		June 30, 2025June 30, 2024
(in thousands)Gross Carrying
Amount		Accumulated
Amortization		Gross Carrying
Amount		Accumulated
Amortization
Technology-based and other
4 to 20
$32,699 $(26,243)$31,715 $(24,476)
Customer-related
10 to 21
159,722 (111,184)179,529 (120,091)
Unpatented technology
10 to 30
26,373 (24,281)31,485 (27,130)
Trademarks
5 to 20
23,917 (13,793)23,044 (12,655)
Total$242,711 $(175,501)$265,773 $(184,352)
Amortization expense for intangible assets was $10.8 million, $11.6 million and $12.6 million for 2025, 2024 and 2023, respectively. Estimated amortization expense for 2026 through 2030 is $10.6 million, $9.1 million, $8.0 million, $7.9 million and $7.9 million, respectively.