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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes In Carrying Amount Of Goodwill | The following table provides changes in the carrying value of goodwill by reportable segment:
| North America |  | International |  | Total
Balance as of June 30, 2022 | $ | 695,715 |  |  | $ | 238,081 |  |  | $ | 933,796 |
Acquisition(1) | (794) |  |  | — |  |  | (794) |
Divestiture(2) | (3,054) |  |  | — |  |  | (3,054) |
Translation and other adjustments, net | 4,364 |  |  | (2,583) |  |  | 1,781 |
Balance as of March 31, 2023 | $ | 696,231 |  |  | $ | 235,498 |  |  | $ | 931,729 |
(1) During the nine months ended March 31, 2023, the Company finalized purchase accounting related to THWR resulting in a $794 reduction to goodwill. See Note 4, Acquisition and Disposition. (2) During the nine months ended March 31, 2023, the Company completed the divestiture of Westbrae, a component of the United States reporting unit. Goodwill of $3,054 was assigned to the divested businesses on a relative fair value basis.
Schedule of Finite-Lived Intangible Assets | The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:
| March 31, 2023 |  | June 30, 2022
Non-amortized intangible assets: |  |  |
Trademarks and tradenames(1) | $ | 266,445 |  |  | $ | 379,466 |
Amortized intangible assets: |  |  |
Other intangibles(2) | 159,027 |  |  | 199,448 |
Less: Accumulated amortization | (110,936) |  |  | (101,381) |
Net amortized intangible assets | 48,091 |  |  | 98,067 |
Net other intangible assets | $ | 314,536 |  |  | $ | 477,533 |
(1) The gross carrying value of trademarks and trade names is reflected net of $205,373 and $94,873 of accumulated impairment charges as of March 31, 2023 and June 30, 2022, respectively. (2) The reduction in carrying value of other intangible assets as of March 31, 2023 reflected a non-cash impairment charge of $45,798 recognized in the third quarter of 2023.
Schedule of Indefinite-Lived Intangible Assets | The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:
| March 31, 2023 |  | June 30, 2022
Non-amortized intangible assets: |  |  |
Trademarks and tradenames(1) | $ | 266,445 |  |  | $ | 379,466 |
Amortized intangible assets: |  |  |
Other intangibles(2) | 159,027 |  |  | 199,448 |
Less: Accumulated amortization | (110,936) |  |  | (101,381) |
Net amortized intangible assets | 48,091 |  |  | 98,067 |
Net other intangible assets | $ | 314,536 |  |  | $ | 477,533 |
(1) The gross carrying value of trademarks and trade names is reflected net of $205,373 and $94,873 of accumulated impairment charges as of March 31, 2023 and June 30, 2022, respectively. (2) The reduction in carrying value of other intangible assets as of March 31, 2023 reflected a non-cash impairment charge of $45,798 recognized in the third quarter of 2023.
Finite-lived Intangible Assets Amortization Expense | Amortization expense included in the Consolidated Statements of Operations was as follows:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Amortization of acquired intangibles | $ | 2,842 |  |  | $ | 3,110 |  |  | $ | 8,415 |  |  | $ | 7,255 |
Schedule of Expected Amortization Expense | Expected amortization expense over the next five fiscal years is as follows:
| Fiscal Year Ending June 30,
| 2023 (remainder of year) |  | 2024 |  | 2025 |  | 2026 |  | 2027
Estimated amortization expense | $ | 2,036 |  |  | $ | 6,298 |  |  | $ | 5,245 |  |  | $ | 4,762 |  |  | $ | 4,073 |

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