Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2022

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:

	Utility and Power Infrastructure		Process and Industrial Facilities		Storage and Terminal Solutions		Total
	(In thousands)
Net balance at June 30, 2019	$	31,840	$	34,842	$	26,686	$	93,368
Goodwill impairment	(24,900)		(7,981)		—		(32,881)
Translation adjustment (1)	(35)		(15)		(68)		(118)
Net balance at June 30, 2020	6,905		26,846		26,618		60,369
Translation adjustment (1)	79		32		156		267
Net balance at June 30, 2021	6,984		26,878		26,774		60,636
Goodwill impairment	(2,659)		(8,445)		(7,208)		(18,312)
Translation adjustment(1)	(62)		(6)		(121)		(189)
Net balance at June 30, 2022	$	4,263	$	18,427	$	19,445	$	42,135

(1)The translation adjustments relate to the periodic translation of Canadian Dollar and South Korean Won denominated goodwill recorded as a part of prior acquisitions in Canada and South Korea, in which the local currency was determined to be the functional currency.

Carrying value of other intangible assets

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

		At June 30, 2022
	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	10 to 15	$	2,558	$	(2,276)	$	282
Customer based	6 to 15	17,331		(12,817)		4,514
Total other intangible assets		$	19,889	$	(15,093)	$	4,796

		At June 30, 2021
	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	10 to 15	$	2,483	$	(2,031)	$	452
Customer based	6 to 15	17,354		(11,192)		6,162
Total other intangible assets		$	19,837	$	(13,223)	$	6,614

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We estimate that future amortization of other intangible assets will be as follows (in thousands):

For year ending:
June 30, 2023	$	1,729
June 30, 2024	1,416
June 30, 2025	1,096
June 30, 2026	555
Total estimated amortization expense	$	4,796