General form of registration statement for all companies including face-amount certificate companies

Goodwill and Intangible Assets (Tables)

v3.21.2
Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in the Carrying Value of Goodwill
The following table shows changes in the carrying amount of goodwill by reportable segment for the years ended June 30, 2021 and 2020 (in millions):
 
    
Medical
    
Industrial
    
Consolidated
 
Balance—June 30, 2019
   $ 96.7      $ 414.9      $ 511.6  
Acquisition of Capintec
     6.0        —          6.0  
Acquisition of Premium Analyse
     —          4.3        4.3  
Acquisition of Selmic
     —          2.7        2.7  
Acquisition of AWST
     4.1        —          4.1  
Translation adjustment
     —          (6.1      (6.1
    
 
 
    
 
 
    
 
 
 
Balance—June 30, 2020
   $ 106.8      $ 415.8      $ 522.6  
Acquisition of Sun Nuclear
     130.2        —          130.2  
Acquisition of Biodex
     11.1        —          11.1  
Acquisition of Dosimetrics
     1.6        —          1.6  
Translation adjustment
     (0.2 )      16.2        16.0  
    
 
 
    
 
 
    
 
 
 
Balance—June 30, 2021
   $ 249.5      $ 432.0      $ 681.5  
    
 
 
    
 
 
    
 
 
 
Summary Of Intangible Assets and Related Accumulated A summary of intangible assets and related accumulated amortization (in millions) is below:
           
June 30, 2021
 
     Original Average
Life in Years
     Gross Carrying
Amount
     Accumulated
Amortization
     Net Book
Value
 
Customer relationships
    
6
-17
     $ 420.4      $ (205.6    $ 214.8  
Developed technology
    
3
-16
       184.5        (104.7      79.8  
Trade names
    
5
-9
       47.4        (29.5      17.9  
Backlog and other
    
1
-9
       40.6        (26.8      13.8  
             
 
 
    
 
 
    
 
 
 
Total
            $ 692.9      $ (366.6    $ 326.3  
             
 
 
    
 
 
    
 
 
 
     
           
June 30, 2020
 
     Original Average
Life in Years
     Gross Carrying
Amount
     Accumulated
Amortization
     Net Book
Value
 
Customer relationships
    
6-15
     $ 358.5      $ (170.5    $ 188.0  
Developed technology
    
3-16
       130.0        (81.0      49.0  
Trade names
    
5-9
       32.9        (22.4      10.5  
Backlog and other
    
1-9
       22.8        (22.0      0.8  
             
 
 
    
 
 
    
 
 
 
Total
            $ 544.2      $ (295.9    $ 248.3  
             
 
 
    
 
 
    
 
 
 
Summary Of Future Annual Amortization Expense at Current Exchange Rates Future annual amortization expense at current exchange rates is as follows (in millions):
Fiscal year ending June 30:
        
2022
   $ 63.8  
2023
     47.5  
2024
     39.7  
2025
     35.6  
2026 and thereafter
     139.7  
    
 
 
 
Total
   $ 326.3