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Intangible Assets Including Goodwill (Tables)
6 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Period ending:
 
Remainder of Fiscal 2015
$
2,584

Fiscal 2016
3,375

Fiscal 2017
3,291

Fiscal 2018
2,950

Fiscal 2019
2,583

Thereafter
12,014

Total estimated remaining amortization expense at 12/31/2014
26,797

Carrying Value of Goodwill by Segment
The changes in the carrying value of goodwill by segment are as follows:
 
 
Electrical
Infrastructure
 
Oil Gas &
Chemical
 
Storage
Solutions
 
Industrial
 
Total
 
(In thousands)
Goodwill
$
60,896

 
$
13,943

 
$
10,949

 
$
9,049

 
$
94,837

Cumulative impairment loss (1)
(17,653
)
 
(3,000
)
 
(922
)
 
(3,425
)
 
(25,000
)
Net balance at June 30, 2014
43,243

 
10,943

 
10,027

 
5,624

 
69,837

Acquisition related adjustment
164

 

 

 
55

 
219

Acquisition of HDB (2)

 
3,054

 

 

 
3,054

Translation adjustment (3)
(521
)
 

 
(203
)
 
(174
)
 
(898
)
Net balance at December 31, 2014
$
42,886

 
$
13,997

 
$
9,824

 
$
5,505

 
$
72,212

 
(1)
A $25.0 million impairment charge was recorded in February 2005 as a result of the Company’s operating performance in fiscal 2005.
(2)
Amount represents goodwill in connection with the Company's acquisition of HDB. The acquisition is discussed further in Note 2 - Acquisitions.
(3)
The translation adjustments relate to the periodic translation of Canadian Dollar denominated goodwill recorded as a part of a prior Canadian acquisition as well as the periodic translation of the Canadian entity acquired with the purchase of KNAC. The acquisition of KNAC is discussed further in Note 2 - Acquisitions.
Carrying Value of Other Intangible Assets
Information on the carrying value of other intangible assets is as follows:
 
 
 
 
At December 31, 2014
  
Useful Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
(Years)
 
(In thousands)
Intellectual property
6 to 15
 
$
2,460

 
$
(1,003
)
 
$
1,457

Customer based
1.5 to 15
 
28,168

 
(5,090
)
 
23,078

Non-compete agreements
3 to 5
 
1,353

 
(657
)
 
696

Trade names
3 to 5
 
1,615

 
(49
)
 
1,566

Total amortizing intangible assets
 
 
33,596

 
(6,799
)
 
26,797

 
 
 
 
At June 30, 2014
 
Useful Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
(Years)
 
(In thousands)
Intellectual property
6 to 15
 
$
2,460

 
$
(920
)
 
$
1,540

Customer based
1.5 to 15
 
27,662

 
(2,949
)
 
24,713

Non-compete agreements
3 to 5
 
1,312

 
(471
)
 
841

Trade name
5
 
165

 
(33
)
 
132

Total amortizing intangibles
 
 
31,599

 
(4,373
)
 
27,226

Trade name
Indefinite     
 
1,450

 

 
1,450

Total intangible assets
 
 
$
33,049

 
$
(4,373
)
 
$
28,676