GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2023

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 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	4,364		(2,583)		1,781
Balance as of March 31, 2023	$	696,231	$	235,498	$	931,729

(1) During the nine months ended March 31, 2023, the Company finalized purchase accounting related to THWR resulting in a $794 reduction to goodwill. See Note 4, Acquisition and Disposition.

(2) During the nine months ended March 31, 2023, 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.

Schedule of Finite-Lived Intangible Assets

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

	March 31, 2023		June 30, 2022
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	266,445	$	379,466
Amortized intangible assets:
Other intangibles(2)	159,027		199,448
Less: Accumulated amortization	(110,936)		(101,381)
Net amortized intangible assets	48,091		98,067
Net other intangible assets	$	314,536	$	477,533

(1) The gross carrying value of trademarks and trade names is reflected net of $205,373 and $94,873 of accumulated impairment charges as of March 31, 2023 and June 30, 2022, respectively.

(2) The reduction in carrying value of other intangible assets as of March 31, 2023 reflected a non-cash impairment charge of $45,798 recognized in the third quarter of 2023.

Schedule of Indefinite-Lived Intangible Assets

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

	March 31, 2023		June 30, 2022
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	266,445	$	379,466
Amortized intangible assets:
Other intangibles(2)	159,027		199,448
Less: Accumulated amortization	(110,936)		(101,381)
Net amortized intangible assets	48,091		98,067
Net other intangible assets	$	314,536	$	477,533

(1) The gross carrying value of trademarks and trade names is reflected net of $205,373 and $94,873 of accumulated impairment charges as of March 31, 2023 and June 30, 2022, respectively.

(2) The reduction in carrying value of other intangible assets as of March 31, 2023 reflected a non-cash impairment charge of $45,798 recognized in the third quarter of 2023.

Finite-lived Intangible Assets Amortization Expense

Amortization expense included in the Consolidated Statements of Operations was as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022
Amortization of acquired intangibles	$	2,842	$	3,110	$	8,415	$	7,255

Schedule of Expected Amortization Expense

Expected amortization expense over the next five fiscal years is as follows:

	Fiscal Year Ending June 30,
	2023 (remainder of year)		2024		2025		2026		2027
Estimated amortization expense	$	2,036	$	6,298	$	5,245	$	4,762	$	4,073