GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The following table provides the changes in the carrying value of goodwill by reportable segment:

	North America		International		Total
Balance as of June 30, 2020 (a)	$	606,055	$	255,903	$	861,958
Reclassification of goodwill to Assets held for sale	—		(14,323)		(14,323)
Translation and other adjustments, net	2,150		27,208		29,358
Balance as of December 31, 2020 (a)	$	608,205	$	268,788	$	876,993

(a) The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges, of which $97,358 related to the Company’s United Kingdom operating segment, $29,219 related to the Company’s Europe operating segment and $7,700 related to the Company’s former Hain Ventures operating segment, whose goodwill and accumulated impairment charges were reallocated within the North America reportable segment to the United States and Canada operating segments on a relative fair value basis.

As of September 30 and December 31, 2020, operations of the United Kingdom Fruit business, a part of the International reportable segment, were classified as held for sale and therefore, goodwill associated with Fruit was reclassified to Assets held for sale within the Consolidated Balance Sheet as of December 31, 2020. See Note 4, Assets Held for Sale and Discontinued Operations, for more information. The Fruit business was a component of the Company's Hain Daniels reporting unit prior to being classified as held for sale. The decision to sell the business was a triggering event requiring an interim goodwill impairment test for the Hain Daniels reporting unit. No impairment was recorded during the six months ended December 31, 2020.

Other Intangible Assets

The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:

	December 31, 2020		June 30, 2020
Non-amortized intangible assets:
Trademarks and tradenames (a)	$	280,385	$	278,103
Amortized intangible assets:
Other intangibles	155,146		184,854
Less: accumulated amortization	(109,259)		(116,495)
Net carrying amount	$	326,272	$	346,462

(a) The gross carrying value of trademarks and tradenames is reflected net of $93,273 of accumulated impairment charges as of both December 31, 2020 and June 30, 2020.

There were no events or circumstances that warranted an interim impairment test for indefinite-lived intangible assets during the six months ended December 31, 2020 or 2019.

As of September 30 and December 31, 2020, $36,074 of customer relationship assets, net, and $1,230 of tradenames, were reclassified to Assets held for sale in relation to the held for sale classification of the Fruit business.

During the six months ended December 31, 2020, the Company reclassified certain of its indefinite-lived intangible assets consisting of trademarks and tradenames to definite-lived intangible assets and began amortization of these assets. The annualized amortization expense of these assets is $914 and will amortize over an estimated useful life of 10 years.

Amortized intangible assets, which are deemed to have a finite life, primarily consist of customer relationships and trademarks and tradenames and are amortized over their estimated useful lives of 3 to 25 years. Amortization expense included in continuing operations was as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2020		2019		2020		2019
Amortization of acquired intangibles	$	2,193	$	3,189	$	4,626	$	6,272