Note D - Goodwill and Intangible Assets, Net

12 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Intangible Asset and Goodwill [Text Block]

D. GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill represents the excess of the consideration transferred net of the acquisition-date fair values of the identifiable assets acquired and the liabilities assumed.

As of June 30, 2026, changes in the carrying amount of goodwill is summarized as follows:

		Net Book Value Rollforward
Balance at June 30, 2025		$	2,892
Translation adjustment			(120	)
Balance at June 30, 2026		$	2,772

At June 30, the following acquired intangible assets have definite useful lives and are subject to amortization:

		Net Book Value Rollforward												Net Book Value By Asset Type
		Gross Carrying Amount				Accumulated Amortization / Impairment				Net Book Value				Customer Relationships				Technology Know-how				Trade Names				Other				Total
Balance at June 30, 2024		$	36,427			$	(23,741	)		$	12,686			$	6,720			$	2,089			$	1,520			$	2,357			$	12,686
Additions			3,471				-				3,471				1,187				908				628				748				3,471
Amortization			-				(3,959	)			(3,959	)			(1,341	)			(1,312	)			(281	)			(1,025	)			(3,959	)
Translation adjustment			3,505				(2,342	)			1,163				629				149				169				216				1,163
Balance at June 30, 2025			43,403				(30,042	)			13,361				7,195				1,834				2,036				2,296				13,361
Additions			3,825				-				3,825				-				-				-				3,825				3,825
Amortization			-				(2,878	)			(2,878	)			(1,305	)			(198	)			(307	)			(1,068	)			(2,878	)
Translation adjustment			(1,091	)			904				(187	)			(159	)			(27	)			(38	)			37				(187	)
Balance at June 30, 2026		$	46,137			$	(32,016	)		$	14,121			$	5,731			$	1,609			$	1,691			$	5,090			$	14,121

Other intangibles consist mainly of computer software. Amortization is recorded on the basis of straight-line or accelerated, as appropriate, over the estimated useful lives of the assets.

The weighted average remaining useful life of the intangible assets included in the table above is approximately 7 years.

Intangible amortization expense for the years ended June 30, 2026 and 2025 was $2,878 and $3,959, respectively. Estimated intangible amortization expense for each of the next five fiscal years is as follows:

Fiscal Year
2027		$	2,807
2028			2,603
2029			2,272
2030			938
2031			621
Thereafter			4,880
Total		$	14,121