Schedule of Goodwill [Table Text Block] |
A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such, is as follows: | | | | | | | | | | | | | | | | | | (in thousands) | Metal Cutting | | Infrastructure | | Total | Gross goodwill | $ | 448,241 | | | $ | 633,211 | | | $ | 1,081,452 | | Accumulated impairment losses | (177,661) | | | (633,211) | | | (810,872) | | Balance as of June 30, 2020 | $ | 270,580 | | | $ | — | | | $ | 270,580 | | | | | | | | Activity for the year ended June 30, 2021: | | | | | | | | | | | | | | | | | | Change in gross goodwill due to translation | 7,035 | | | — | | | 7,035 | | | | | | | | | | | | | | Gross goodwill | 455,276 | | | 633,211 | | | 1,088,487 | | Accumulated impairment losses | (177,661) | | | (633,211) | | | (810,872) | | Balance as of June 30, 2021 | $ | 277,615 | | | $ | — | | | $ | 277,615 | | | | | | | | Activity for the year ended June 30, 2022: | | | | | | | | | | | | | | | | | | Change in gross goodwill due to translation | (13,385) | | | — | | | (13,385) | | | | | | | | | | | | | | Gross goodwill | 441,891 | | | 633,211 | | | 1,075,102 | | Accumulated impairment losses | (177,661) | | | (633,211) | | | (810,872) | | Balance as of June 30, 2022 | $ | 264,230 | | | $ | — | | | $ | 264,230 | |
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Components of Other Intangible Assets [Table Text Block] |
The components of our other intangible assets were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Estimated Useful Life (in years) | | June 30, 2022 | | | June 30, 2021 | (in thousands) | | Gross Carrying Amount | | Accumulated Amortization | | | Gross Carrying Amount | | Accumulated Amortization | Technology-based and other | 4 to 20 | | $ | 31,592 | | | $ | (22,734) | | | | $ | 33,632 | | | $ | (24,413) | | Customer-related | 10 to 21 | | 180,263 | | | (104,698) | | | | 183,338 | | | (98,901) | | Unpatented technology | 10 to 30 | | 31,807 | | | (22,950) | | | | 31,957 | | | (20,575) | | Trademarks | 5 to 20 | | 12,403 | | | (10,317) | | | | 13,268 | | | (10,083) | | Trademarks | Indefinite | | 10,359 | | | — | | | | 11,818 | | | — | | Total | | | $ | 266,424 | | | $ | (160,699) | | | | $ | 274,013 | | | $ | (153,972) | |
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