Intangible Assets Including Goodwill (Tables)

3 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Value of Goodwill by Segment

The changes in the carrying value of goodwill by segment are as follows:

	Electrical Infrastructure			Oil Gas & Chemical			Storage Solutions			Industrial			Total
	(In thousands)
Goodwill	$	60,896		$	13,943		$	10,949		$	9,049		$	94,837
Cumulative impairment loss (1)	(17,653		)	(3,000		)	(922		)	(3,425		)	(25,000		)
Net balance at June 30, 2014	43,243			10,943			10,027			5,624			69,837
Acquisition related adjustment	117			—			—			39			156
Acquisition of HDB (2)	—			2,586			—			—			2,586
Translation adjustment (3)	(298		)	—			(117		)	(99		)	(514		)
Net balance at September 30, 2014	$	43,062		$	13,529		$	9,910		$	5,564		$	72,065

(1) A $25.0 million impairment charge was recorded in February 2005 as a result of the Company’s operating performance in fiscal 2005.

(2) Amount represents goodwill in connection with the Company's acquisition of HDB. The acquisition is discussed further in Note 2 - Acquisitions.

(3)

Carrying Value of Other Intangible Assets

Information on the carrying value of other intangible assets is as follows:

		At September 30, 2014
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	6 to 15	$	2,460	$	(962	)	$	1,498
Customer based	1.5 to 15	28,348		(4,030		)	24,318
Non-compete agreements	3 to 5	1,353		(585		)	768
Trade Name	5	165		(41		)	124
Total amortizing intangibles		32,326		(5,618		)	26,708
Trade name	Indefinite	1,450		—			1,450
Total intangible assets		$	33,776	$	(5,618	)	$	28,158

		At June 30, 2014
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	6 to 15	$	2,460	$	(920	)	$	1,540
Customer based	1.5 to 15	27,662		(2,949		)	24,713
Non-compete agreements	3 to 5	1,312		(471		)	841
Trade Name	5	165		(33		)	132
Total amortizing intangibles		31,599		(4,373		)	27,226
Trade name	Indefinite	1,450		—			1,450
Total intangible assets		$	33,049	$	(4,373	)	$	28,676