GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Jun. 30, 2014

GOODWILL AND OTHER INTANGIBLES [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill, substantially all of which is allocated to the manufacturing segment, for the years ended June 30, 2014 and 2013 were as follows (in thousands):

	Gross Carrying Amount		Accumulated Impairment			Net Book Value
Balance at June 30, 2012	$	16,786	$	(3,670	)	$	13,116
Translation adjustment		116		-			116
Balance at June 30, 2013		16,902		( 3,670	)		13,232
Translation adjustment		231		-			231
Balance at June 30, 2014	$	17,133	$	(3,670	)	$	13,463

Acquired Intangible Assets with Finite Lives

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

	2014
	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment			Net Book Value
Licensing agreements	$	3,015	$	(2,445	)	$	-		$	570
Non-compete agreements		2,128		( 2,045	)		( 83	)		-
Trade name		2,009		( 100	)		-			1,909
Other		6,482		( 5,193	)		( 1,194	)		95
	$	13,634	$	(9,783	)	$	(1,277	)	$	2,574

	2013
	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment			Net Book Value
Licensing agreements	$	3,015	$	(2,385	)	$	-		$	630
Non-compete agreements		2,124		( 1,939	)		( 83	)		102
Other		6,468		( 4,982	)		( 1,194	)		292
	$	11,607	$	(9,306	)	$	(1,277	)	$	1,024

Estimated Intangible Amortization Expense

Estimated intangible amortization expense for each of the next five fiscal years is as follows (in thousands):

Fiscal Year
2015	$	251
2016		165
2017		160
2018		160
2019		160
Thereafter		1,678
	$	2,574