Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

The carrying amount of goodwill

A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such carrying amounts, is as follows:

(in thousands)	Metal Cutting		Infrastructure		Total
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
Activity for the nine months ended March 31, 2023:
Change in gross goodwill due to translation	4,554		—		4,554
Gross goodwill	446,445		633,211		1,079,656
Accumulated impairment losses	(177,661)		(633,211)		(810,872)
Balance as of March 31, 2023	$	268,784	$	—	$	268,784

The components of intangible assets

The components of our other intangible assets were as follows:

	Estimated Useful Life (in years)	March 31, 2023				June 30, 2022
(in thousands)		Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Technology-based and other	4 to 20	$	31,993	$	(23,728)		$	31,592	$	(22,734)
Customer-related	10 to 21	180,515		(111,283)			180,263		(104,698)
Unpatented technology	10 to 30	31,700		(24,723)			31,807		(22,950)
Trademarks	5 to 20	12,447		(11,186)			12,403		(10,317)
Trademarks	Indefinite	10,827		—			10,359		—
Total		$	267,482	$	(170,920)		$	266,424	$	(160,699)