|
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
|
3 Months Ended |
|
Sep. 30, 2014
|
| Inventories |
Inventories consist of (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
September 30,
|
|
|
June 30,
|
|
| |
|
2014 |
|
|
2014 |
|
|
Raw materials
|
|
$ |
15,346 |
|
|
$ |
9,852 |
|
|
Finished goods
|
|
|
36,849 |
|
|
|
28,995 |
|
|
|
|
|
|
|
|
|
|
|
Inventories, net
|
|
$ |
52,195 |
|
|
$ |
38,847 |
|
|
|
|
|
|
|
|
|
|
|
| Property and Equipment |
Property and equipment consist of (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
September 30,
|
|
|
June 30,
|
|
| |
|
2014 |
|
|
2014 |
|
|
Land
|
|
$ |
7,405 |
|
|
$ |
7,468 |
|
|
Buildings and improvements
|
|
|
153,728 |
|
|
|
149,442 |
|
|
Machinery and equipment
|
|
|
55,898 |
|
|
|
53,067 |
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, cost
|
|
|
217,031 |
|
|
|
209,977 |
|
|
Accumulated depreciation and amortization
|
|
|
(95,025 |
) |
|
|
(92,857 |
) |
|
|
|
|
|
|
|
|
|
|
Property and equipment, net
|
|
$ |
122,006 |
|
|
$ |
117,120 |
|
|
|
|
|
|
|
|
|
|
|
| Intangible Assets |
Intangible assets consist of (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
September 30
|
|
|
June 30,
|
|
| |
|
2014 |
|
|
2014 |
|
|
Developed technology
|
|
$ |
93,109 |
|
|
$ |
48,166 |
|
|
Trade names
|
|
|
65,995 |
|
|
|
24,280 |
|
|
Customer relationships
|
|
|
176,262 |
|
|
|
59,240 |
|
|
Non-compete agreements
|
|
|
3,309 |
|
|
|
3,109 |
|
|
|
|
|
|
|
|
|
|
|
Intangible assets
|
|
|
338,675 |
|
|
|
134,795 |
|
|
Accumulated amortization
|
|
|
(31,167 |
) |
|
|
(26,019 |
) |
|
|
|
|
|
|
|
|
|
|
Intangible assets, net
|
|
$ |
307,508 |
|
|
$ |
108,776 |
|
|
|
|
|
|
|
|
|
|
|
| Changes to Carrying Amount of Net Intangible Assets |
Changes to the carrying amount of net intangible assets for the
quarter ended September 30, 2014 consist of (in
thousands):
|
|
|
|
|
|
Beginning balance
|
|
$ |
108,776 |
|
|
Acquisitions
|
|
|
205,810 |
|
|
Amortization expense
|
|
|
(5,726 |
) |
|
Currency translation
|
|
|
(1,352 |
) |
|
|
|
|
|
|
Ending balance
|
|
$ |
307,508 |
|
|
|
|
|
|
|
| Estimated Future Amortization Expense for Intangible Assets |
The estimated future amortization expense for intangible assets as
of September 30, 2014 is as follows (in thousands):
|
|
|
|
|
|
Period Ending June 30:
|
|
|
|
|
2015
|
|
$ |
20,380 |
|
|
2016
|
|
|
27,153 |
|
|
2017
|
|
|
26,326 |
|
|
2018
|
|
|
26,129 |
|
|
2019
|
|
|
25,515 |
|
|
Thereafter
|
|
|
182,005 |
|
|
|
|
|
|
|
|
$ |
307,508 |
|
|
|
|
|
|
|
| Changes in Carrying Amount of Goodwill |
Changes to the carrying amount of goodwill for the quarter ended
September 30, 2014 consist of (in thousands):
|
|
|
|
|
|
Beginning balance
|
|
$ |
151,473 |
|
|
Acquisitions
|
|
|
156,200 |
|
|
Currency translation
|
|
|
(2,439 |
) |
|
|
|
|
|
|
Ending balance
|
|
$ |
305,234 |
|
|
|
|
|
|
|