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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill

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

 

 

 

 

Three Months Ended September 30, 2014

 

 

 

II-VI Laser

 

 

II-VI

 

 

II- VI Performance

 

 

 

 

 

 

 

Solutions

 

 

Photonics

 

 

Products

 

 

Total

 

Balance-beginning of period

 

$

44,041

 

 

$

99,214

 

 

$

52,890

 

 

$

196,145

 

Foreign currency translation

 

 

(122

)

 

 

-

 

 

 

-

 

 

 

(122

)

Balance-end of period

 

$

43,919

 

 

$

99,214

 

 

$

52,890

 

 

$

196,023

 

 

Gross Carrying Amount and Accumulated Amortization

The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill as of September 30, 2014 and June 30, 2014 was as follows ($000):

 

 

 

 

September 30, 2014

 

 

June 30, 2014

 

 

 

Gross

 

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Book

 

 

Carrying

 

 

Accumulated

 

 

Book

 

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

Technology and Patents

 

$

50,505

 

 

$

(15,569

)

 

$

34,936

 

 

$

50,505

 

 

$

(14,474

)

 

$

36,031

 

Trademarks

 

 

17,870

 

 

 

(1,055

)

 

 

16,815

 

 

 

17,870

 

 

 

(1,037

)

 

 

16,833

 

Customer Lists

 

 

102,665

 

 

 

(21,152

)

 

 

81,513

 

 

 

102,839

 

 

 

(19,448

)

 

 

83,391

 

Other

 

 

1,580

 

 

 

(1,439

)

 

 

141

 

 

 

1,586

 

 

 

(1,437

)

 

 

149

 

Total

 

$

172,620

 

 

$

(39,215

)

 

$

133,405

 

 

$

172,800

 

 

$

(36,396

)

 

$

136,404

 

 

 

Estimated Amortization Expense for Existing Intangible Assets for Each of Five Succeeding Years

At September 30, 2014, the estimated amortization expense for existing intangible assets for each of the five succeeding fiscal years is as follows ($000):

 

 

Year Ending June 30,

 

 

 

 

 

 

Remaining 2015

 

 

 

$

8,764

 

2016

 

 

 

 

11,619

 

2017

 

 

 

 

11,609

 

2018

 

 

 

 

11,140

 

2019

 

 

 

 

10,715