XML 62 R32.htm IDEA: XBRL DOCUMENT
v3.19.2

Goodwill and Other Identifiable Intangible Assets (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | Changes in the carrying amount of goodwill for the years ended June 30, 2019 and 2018, by reportable segment, are set forth in the table below. Additions to goodwill for fiscal years 2019 and 2018 are due to the recent acquisitions.
| Worldwide Barcode, Networking & Security Segment |  | Worldwide Communications & Services Segment |  | Total
| (in thousands)
Balance at June 30, 2017 | $ | 36,260 |  |  | $ | 164,621 |  |  | $ | 200,881 |
Additions | 101,198 |  |  | — |  |  | 101,198 |
Unrealized loss on foreign currency translation | (244 | ) |  | (3,661 | ) |  | (3,905 | )
Balance at June 30, 2018 | $ | 137,214 |  |  | $ | 160,960 |  |  | $ | 298,174 |
Additions | — |  |  | 21,854 |  |  | 21,854 |
Unrealized loss on foreign currency translation | (137 | ) |  | (353 | ) |  | (490 | )
Balance at June 30, 2019 | $ | 137,077 |  |  | $ | 182,461 |  |  | $ | 319,538 |
Schedule of Identifiable Intangible Assets | The following table shows the Company’s identifiable intangible assets as of June 30, 2019 and 2018, respectively.
| June 30, 2019 |  | June 30, 2018
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
| (in thousands)
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 143,541 |  |  | $ | 51,823 |  |  | $ | 91,718 |  |  | $ | 139,479 |  |  | $ | 40,337 |  |  | $ | 99,142 |
Trade names | 23,831 |  |  | 11,320 |  |  | 12,511 |  |  | 27,123 |  |  | 12,224 |  |  | 14,899 |
Non-compete agreements | 3,094 |  |  | 1,714 |  |  | 1,380 |  |  | 3,064 |  |  | 1,221 |  |  | 1,843 |
Distributor agreements | 354 |  |  | 210 |  |  | 144 |  |  | 363 |  |  | 188 |  |  | 175 |
Supplier partner program | 3,583 |  |  | 815 |  |  | 2,768 |  |  | 3,583 |  |  | 456 |  |  | 3,127 |
Encryption key library | 19,900 |  |  | 4,768 |  |  | 15,132 |  |  | 19,900 |  |  | 2,280 |  |  | 17,620 |
Developed technology | 4,512 |  |  | 226 |  |  | 4,286 |  |  | — |  |  | — |  |  | — |
Total intangibles | $ | 198,815 |  |  | $ | 70,876 |  |  | $ | 127,939 |  |  | $ | 193,512 |  |  | $ | 56,706 |  |  | $ | 136,806 |
Schedule of Estimated Future Amortization Expense | Estimated future amortization expense is as follows:
| Amortization Expense
| (in thousands)
Year Ended June 30, |
2020 | $ | 19,075 |
2021 | 19,489 |
2022 | 17,698 |
2023 | 16,588 |
2024 | 16,443 |
Thereafter | 38,646 |
Total | $ | 127,939 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration