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Goodwill and Other Intangible Assets
9 Months Ended
Mar. 31, 2025
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 nine months ended March 31, 2025:
Change in gross goodwill due to translation1,290 — 1,290 
Gross goodwill450,518 633,211 1,083,729 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of March 31, 2025
$272,857 $— $272,857 
The components of our other intangible assets were as follows:
 Estimated
Useful Life
(in years)
March 31, 2025June 30, 2024
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Technology-based and other
4 to 20
$31,786 $(25,158)$31,715 $(24,476)
Customer-related
10 to 21
179,630 (125,631)179,529 (120,091)
Unpatented technology
10 to 30
31,490 (28,416)31,485 (27,130)
Trademarks
5 to 20
23,142 (13,495)23,044 (12,655)
Total$266,048 $(192,700)$265,773 $(184,352)