Intangible Assets Including Goodwill (Tables)

9 Months Ended

Mar. 31, 2019

Finite-Lived Intangible Assets [Line Items]

The changes in the carrying value of goodwill by segment are as follows:



	Electrical Infrastructure			Oil Gas & Chemical			Storage Solutions			Industrial			Total
	(In thousands)
Net balance at June 30, 2018	$	24,826		$	33,604		$	16,760		$	20,972		$	96,162
Disposal of business⁽¹⁾	—			(2,775		)	—			—			(2,775		)
Translation adjustment⁽²⁾	(19		)	—			(49		)	(3		)	(71		)
Net balance at March 31, 2019	$	24,807		$	30,829		$	16,711		$	20,969		$	93,316

(1)

In August 2018, the Company disposed of a business that marketed process heating equipment. See Note 3 - Disposals for more information about the disposal. The business disposed of constituted its own reporting unit and the amount of goodwill written off was all of the goodwill assigned to that reporting unit. None of the goodwill was considered impaired since the Company recorded a gain on the disposal.


(2)	The translation adjustments relate to the periodic translation of Canadian Dollar and South Korean Won denominated goodwill recorded as a part of prior acquisitions in Canada and South Korea, in which the local currency was determined to be the functional currency.

Carrying Value of Other Intangible Assets

Information on the carrying value of other intangible assets is as follows:



		At March 31, 2019
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	10 to 15	$	2,579	$	(1,735	)	$	844
Customer-based	6 to 15	38,491		(19,074		)	19,417
Non-compete agreements	4	1,453		(1,432		)	21
Total amortizing intangible assets		$	42,523	$	(22,241	)	$	20,282



		At June 30, 2018
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	9 to 15	$	2,579	$	(1,603	)	$	976
Customer-based	6 to 15	38,562		(16,763		)	21,799
Non-compete agreements	4	1,453		(1,414		)	39
Total amortizing intangible assets		$	42,594	$	(19,780	)	$	22,814

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]



Period ending:
Remainder of Fiscal 2019	$	936
Fiscal 2020	3,735
Fiscal 2021	3,716
Fiscal 2022	2,875
Fiscal 2023	2,424
Fiscal 2024	2,122
Thereafter	4,474
Total estimated remaining amortization expense at March 31, 2019	$	20,282