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Intangible Assets Including Goodwill (Tables)
9 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Period ending:
 
Remainder of Fiscal 2015
$
1,245

Fiscal 2016
3,326

Fiscal 2017
3,242

Fiscal 2018
2,901

Fiscal 2019
2,534

Fiscal 2020
2,534

Thereafter
9,374

Total estimated remaining amortization expense at March 31, 2015
25,156

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
175

 

 

 
44

 
219

Acquisition of HDB (2)

 
3,054

 

 

 
3,054

Translation adjustment (3)
(1,072
)
 

 
(395
)
 
(266
)
 
(1,733
)
Net balance at March 31, 2015
$
42,346

 
$
13,997

 
$
9,632

 
$
5,402

 
$
71,377

 
(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 March 31, 2015
  
Useful Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
(Years)
 
(In thousands)
Intellectual property
6 to 15
 
$
2,460

 
$
(1,045
)
 
$
1,415

Customer based
1.5 to 15
 
27,771

 
(6,091
)
 
21,680

Non-compete agreements
3 to 5
 
1,354

 
(730
)
 
624

Trade names
3 to 5
 
1,615

 
(178
)
 
1,437

Total amortizing intangible assets
 
 
33,200

 
(8,044
)
 
25,156

 
 
 
 
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