XML 44 R32.htm IDEA: XBRL DOCUMENT v3.22.4
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In Carrying Amount Of Goodwill
The following table provides changes in the carrying value of goodwill by reportable segment:
North AmericaInternationalTotal
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, net4,252 (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 intangibles202,802 199,448 
Less: Accumulated amortization(106,618)(101,381)
Net amortized intangible assets96,184 98,067 
Net other intangible assets$470,956 $477,533 
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 intangibles202,802 199,448 
Less: Accumulated amortization(106,618)(101,381)
Net amortized intangible assets96,184 98,067 
Net other intangible assets$470,956 $477,533 
Finite-lived Intangible Assets Amortization Expense Amortization expense included in the Consolidated Statements of Operations was as follows:
Three Months Ended December 31,Six Months Ended December 31,
 2022202120222021
Amortization of acquired intangibles$2,785 $2,050 $5,573 $4,145