Goodwill and Other Intangible Assets

9 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Changes in the carrying amount of goodwill were as follows ($000):

	Nine Months Ended March 31, 2023
	Networking		Materials		Lasers		Total
Balance-beginning of period	$	1,048,743	$	237,016	$	—	$	1,285,759
Transfer between segments(1)	(35,466)		35,466		—		—
Goodwill acquired	—		—		3,143,230		3,143,230
Foreign currency translation	(1,271)		859		76,560		76,148
Balance-end of period	$	1,012,006	$	273,341	$	3,219,790	$	4,505,137

(1) Refer to Note 13. Segment Reporting for information regarding the segment transfer of goodwill between segments.

The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill as of March 31, 2023 and June 30, 2022 were as follows ($000):

	March 31, 2023						June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Technology	$	1,669,863	$	(238,908)	$	1,430,955	$	473,845	$	(144,409)	$	329,436
Trade Names	452,461		(8,073)		444,388		22,536		(7,454)		15,082
Customer Lists	2,352,969		(296,873)		2,056,096		464,880		(173,994)		290,886
Backlog and Other	90,072		(67,313)		22,759		1,563		(1,563)		—
Total	$	4,565,365	$	(611,167)	$	3,954,198	$	962,824	$	(327,420)	$	635,404

Refer to Note 3. Coherent Acquisition for further information on intangibles acquired in the nine months ended March 31, 2023.