GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The following table shows the changes in the carrying amount of goodwill by reportable segment:

	North America		International		Total
Balance as of June 30, 2021(1)	600,812		270,255		$	871,067
Acquisition (See Note 4, Acquisition and Disposition)	95,645		—		95,645
Translation and other adjustments, net	(742)		(32,174)		(32,916)
Balance as of June 30, 2022	695,715		238,081		933,796
Acquisition(2)	(794)		—		(794)
Divestiture(3)	(3,054)		—		(3,054)
Translation and other adjustments, net	5,186		3,506		8,692
Balance as of June 30, 2023	$	697,053	$	241,587	$	938,640

(1) The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges.

(2) During the fiscal year ended June 30, 2023, the Company finalized purchase accounting related to THWR resulting in a $794 reduction to goodwill. See Note 4, Acquisition and Disposition.

(3) During the fiscal year ended June 30, 2023, the Company completed the divestiture of Westbrae, a component of the North America reportable segment. Goodwill of $3,054 was assigned to the divested component on a relative fair value basis.

Other Intangible Assets

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:

	Fiscal Year Ended June 30,
	2023		2022
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	250,860	$	379,466
Amortized intangible assets:
Other intangibles(2)	161,874		199,448
Less: Accumulated amortization	(114,629)		(101,381)
Net amortized intangible assets	$	47,245	$	98,067
Net other intangible assets	$	298,105	$	477,533

(1) The gross carrying value of trademarks and tradenames is reflected net of $223,981 and $94,873 of accumulated impairment charges as of June 30, 2023 and 2022, respectively.

(2) The reduction in carrying value of other intangible assets as of June 30, 2023 reflected a non-cash impairment charge of $45,798 recognized in the fiscal year ended June 30, 2023.

Other Intangible Assets

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:

	Fiscal Year Ended June 30,
	2023		2022
Non-amortized intangible assets:
Trademarks and tradenames(1)	$	250,860	$	379,466
Amortized intangible assets:
Other intangibles(2)	161,874		199,448
Less: Accumulated amortization	(114,629)		(101,381)
Net amortized intangible assets	$	47,245	$	98,067
Net other intangible assets	$	298,105	$	477,533

(1) The gross carrying value of trademarks and tradenames is reflected net of $223,981 and $94,873 of accumulated impairment charges as of June 30, 2023 and 2022, respectively.

(2) The reduction in carrying value of other intangible assets as of June 30, 2023 reflected a non-cash impairment charge of $45,798 recognized in the fiscal year ended June 30, 2023.

Summary of Amortization Expense

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

	Fiscal Year Ended June 30,
	2023		2022		2021
Amortization of acquired intangibles	$	10,016	$	10,214	$	8,931

Schedule of Expected Amortization Expense

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

	Fiscal Year Ending June 30,
	2024		2025		2026		2027		2028
Estimated amortization expense	$	6,401	$	5,348	$	4,981	$	4,871	$	4,239