GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

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


	North America		International		Total
Balance as of June 30, 2022	$	695,715	$	238,081	$	933,796
Acquisition(1)	(794)		—		(794)
Divestiture(2)	(3,054)		—		(3,054)


Translation and other adjustments, net	4,252		(7,122)		(2,870)
Balance as of December 31, 2022	$	696,119	$	230,959	$	927,078

(1) During the second quarter of fiscal year 2023, the Company finalized purchase accounting related to THWR resulting in a $794 reduction to goodwill. See Note 4.

(2) During December 2022, the Company completed the divestiture of Westbrae, a component of the United States reporting unit. Goodwill of $3,054 was assigned to the divested businesses on a relative fair value basis.

Other Intangible Assets

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


	December 31, 2022		June 30, 2022
Non-amortized intangible assets:
Trademarks and tradenames	$	374,772	$	379,466
Amortized intangible assets:
Other intangibles	202,802		199,448
Less: Accumulated amortization	(106,618)		(101,381)
Net amortized intangible assets	96,184		98,067
Net other intangible assets	$	470,956	$	477,533

There were no events or circumstances that warranted an interim impairment test for indefinite-lived intangible assets during the three and six months ended December 31, 2022 or 2021.

Amortized intangible assets, which are deemed to have a finite life, primarily consist of customer relationships, trademarks and tradenames and are amortized over their estimated useful lives of 7 to 25 years. Amortization expense included in the Consolidated Statements of Operations was as follows:


	Three Months Ended December 31,				Six Months Ended December 31,
	2022		2021		2022		2021
Amortization of acquired intangibles	$	2,785	$	2,050	$	5,573	$	4,145