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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying value of goodwill by segment
The changes in the carrying amount of goodwill by segment are as follows:
 
 
Electrical
Infrastructure
 
Oil Gas &
Chemical
 
Storage
Solutions
 
Industrial
 
Total
 
 
(In thousands)
Goodwill
 
$
29,666

 
$
5,841

 
$
11,213

 
$
7,338

 
$
54,058

Cumulative impairment loss
 
(17,653
)
 
(3,000
)
 
(922
)
 
(3,425
)
 
(25,000
)
Net balance at June 30, 2011
 
12,013

 
2,841

 
10,291

 
3,913

 
29,058

Acquisition related adjustment
 

 

 

 
(241
)
 
(241
)
Translation adjustment
 

 

 
(142
)
 

 
(142
)
Net balance at June 30, 2012
 
12,013

 
2,841

 
10,149

 
3,672

 
28,675

Purchase of Pelichem (Note 2)
 

 
2,247

 

 

 
2,247

Translation adjustment
 

 

 
(86
)
 

 
(86
)
Net balance at June 30, 2013
 
$
12,013

 
$
5,088

 
$
10,063

 
$
3,672

 
$
30,836

Carrying value of other intangible assets
Information on the carrying value of other intangible assets is as follows: 
 
 
 
 
At June 30, 2013
 
 
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
 
(Years)
 
(In thousands)
Intellectual property
 
6 to 15
 
$
2,460

 
$
(753
)
 
$
1,707

Customer based
 
1 to 15
 
4,250

 
(542
)
 
3,708

Non-compete Agreements
 
3 to 5
 
808

 
(287
)
 
521

Trade Name
 
5
 
165

 

 
165

Total amortizing intangibles
 
 
 
7,683

 
(1,582
)
 
6,101

Trade name
 
Indefinite     
 
1,450

 

 
1,450

Total intangible assets
 
 
 
$
9,133

 
$
(1,582
)
 
$
7,551

 
 
 
 
At June 30, 2012
 
 
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
 
(Years)
 
(In thousands)
Intellectual property
 
6 to 15
 
$
2,460

 
$
(586
)
 
$
1,874

Customer based
 
1 to 15
 
2,657

 
(285
)
 
2,372

Non-compete agreements
 
3 to 5
 
547

 
(159
)
 
388

Total amortizing intangibles
 
 
 
5,664

 
(1,030
)
 
4,634

Trade name
 
Indefinite     
 
1,870

 

 
1,870

Total intangible assets
 
 
 
$
7,534

 
$
(1,030
)
 
$
6,504