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Goodwill
12 Months Ended
Jun. 30, 2013
Goodwill And Intangible Assets [Abstract]  
Goodwill
9. Goodwill:

 

Goodwill allocated to the Company's reportable segments and changes in the carrying amount of goodwill are as follows:

 

(in thousands)   US/Canada     International     Total  
Balance, June 30, 2011   $ 162,720     $ 79,599     $ 242,319  
Goodwill adjustments for prior years' acquisitions     (75 )     74       (1 )
Goodwill on acquisitions:                        
Torex     3,434       199,736       203,170  
Others     1,051       0       1,051  
Foreign currency translation     174       (2,596 )     (2,422 )
Balance, June 30, 2012     167,304       276,813       444,117  
Goodwill adjustments for prior years' acquisitions:                        
Torex     (47 )     (7,775 )     (7,822 )
Others     117       24       141  
Foreign currency translation     (157 )     (3,329 )     (3,486 )
Balance, June 30, 2013   $ 167,217     $ 265,733     $ 432,950  

 

During fiscal year 2013, the Company finalized its purchase price allocation and also received approximately $1.5 million from the seller for working capital adjustments related to Torex. These adjustments resulted in an immaterial decrease in goodwill of approximately $7.8 million.

 

Based on the results of its annual impairment tests, the Company determined that no impairment of goodwill existed as of the end of and for fiscal years 2013, 2012 and 2011. Subsequent to the annual impairment analysis date of July 1, 2012, there have been no events or circumstances that would have caused the Company to determine that it is more likely than not that the fair values of the Company's reporting units are less than their respective carrying values.