v3.26.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such, is as follows:
(in thousands)Metal CuttingInfrastructureTotal
Gross goodwill$449,228 $633,211 $1,082,439 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2024$271,567 $— $271,567 
Activity for the year ended June 30, 2025:
Change in gross goodwill due to translation11,159 — 11,159 
Gross goodwill460,387 633,211 1,093,598 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2025$282,726 $— $282,726 
Activity for the year ended June 30, 2026:
Change in gross goodwill due to translation(3,513)— (3,513)
Gross goodwill456,874 633,211 1,090,085 
Accumulated impairment losses(177,661)(633,211)(810,872)
Balance as of June 30, 2026$279,213 $— $279,213 
Components of Other Intangible Assets
The components of our other intangible assets were as follows: 
Estimated
Useful Life
(in years)
June 30, 2026June 30, 2025
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Technology-based and other
4 to 20
$27,800 $(23,805)$32,699 $(26,243)
Customer-related
10 to 21
159,836 (117,352)159,722 (111,184)
Unpatented technology
10 to 30
26,586 (25,852)26,373 (24,281)
Trademarks
5 to 20
23,542 (14,869)23,917 (13,793)
Total$237,764 $(181,878)$242,711 $(175,501)