Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

The following table shows the changes in the carrying amount of goodwill by business segment:



	United States			United Kingdom			Rest of World			Total
Balance as of June 30, 2016 (a)	$	605,702		$	332,561		$	80,984		$	1,019,247
Acquisition activity	—			6,962			3,083			10,045
Reallocation of goodwill between reporting units (b)	(16,377		)	—			16,377			—
Translation and other adjustments, net	(992		)	(10,388		)	980			(10,400		)
Balance as of June 30, 2017 (a)	588,333			329,135			101,424			1,018,892
Acquisition activity	—			7,062			—			7,062
Reallocation of goodwill between reporting units (c)	(35,519		)	35,519			—			—
Impairment charge	—			—			(7,700		)	(7,700		)
Translation and other adjustments, net	—			5,447			435			5,882
Balance as of June 30, 2018 (d)	$	552,814		$	377,163		$	94,159		$	1,024,136

(a) The total carrying value of goodwill is reflected net of $126,577 of accumulated impairment charges, of which $97,358 related to the Company’s United Kingdom operating segment and $29,219 related to the Company’s Europe operating segment.

(b) Effective July 1, 2016, due to changes to the Company’s internal management and reporting structure resulting from the formation of Cultivate, certain brands previously included within the United States operating segment were moved to Cultivate, a new operating segment. Goodwill of $16,377 was reallocated to Rest of World in connection with this change.

(c) Effective July 1, 2017, due to changes to the Company’s internal management and reporting structure, the United Kingdom operations of the Ella’s Kitchen® brand, which was previously included within the United States reportable segment, was moved to the United Kingdom reportable segment. Goodwill totaling $35,519 was reallocated to the United Kingdom reportable segment in connection with this change. The change in operating segments was deemed a triggering event, resulting in the Company performing an interim goodwill impairment analysis on the reporting units impacted by this segment change as of immediately before and immediately after the change. There were no impairment indicators resulting from this analysis, which was performed in the first quarter of fiscal 2018. See Note 1, Business, and Note 19, Segment Information, for additional information on the Company’s operating and reportable segments.

(d) The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges, of which $97,358 related to the Company’s United Kingdom operating segment, $29,219 related to the Company’s Europe operating segment and $7,700 related to the Company’s Cultivate operating segment.

Components of Other Intangible Assets

The following table sets forth balance sheet information for intangible assets, excluding goodwill, subject to amortization and intangible assets not subject to amortization:



	June 30, 2018			June 30, 2017
Non-amortized intangible assets:
Trademarks and trade names (a)	$	385,609		$	384,917
Amortized intangible assets:
Other intangibles	239,323			232,112
Less: accumulated amortization	(114,545		)	(95,801		)
Net carrying amount	$	510,387		$	521,228

(a) The gross carrying value of trademarks and trade names is reflected net of $65,834 and $60,202 of accumulated impairment charges for the fiscal years ended June 30, 2018 and 2017, respectively.

Summary of Amortization Expense

Amortization expense included in continuing operations was as follows:



	Fiscal Year Ended June 30,
	2018		2017		2016
Amortization of intangible assets	$	18,202	$	16,988	$	17,544

Summary of Expected Amortization Expense Over the Next Five Years

Expected amortization expense over the next five fiscal years is as follows:



	Fiscal Year Ending June 30,
	2019		2020		2021		2022		2023
Estimated amortization expense	$	15,675	$	14,379	$	13,913	$	13,209	$	12,620