Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R3.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R5.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R4.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R6.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R9.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R8.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R2.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R7.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R1.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R31.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R21.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R35.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R20.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R24.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R45.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R16.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R25.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R34.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R46.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R17.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R11.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R22.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R19.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R44.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R41.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R49.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R26.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R48.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R43.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R47.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R15.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R29.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R13.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R30.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R23.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R28.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R50.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R39.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R27.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R38.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R32.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R33.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R36.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R12.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R37.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R14.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R40.htm
EX-31.1 - EXHIBIT 31.1 - AEROFLEX HOLDING CORP.v331865_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - AEROFLEX HOLDING CORP.v331865_ex32-1.htm
EX-31.2 - EXHIBIT 31.2 - AEROFLEX HOLDING CORP.v331865_ex31-2.htm
EX-32.2 - EXHIBIT 32.2 - AEROFLEX HOLDING CORP.v331865_ex32-2.htm
10-Q - FORM 10-Q - AEROFLEX HOLDING CORP.v331865_10q.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R42.htm
XML - IDEA: XBRL DOCUMENT - AEROFLEX HOLDING CORP.R18.htm
EX-31.3 - EXHIBIT 31.3 - AEROFLEX HOLDING CORP.v331865_ex31-3.htm
v2.4.0.6
Goodwill and Other Intangible Assets
6 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
3. Goodwill and Other Intangible Assets

 

We assess goodwill and other intangible assets with indefinite lives at least annually for impairment, in the fourth quarter of our fiscal year, or more frequently if certain events or circumstances indicate an impairment may have occurred. We test goodwill for impairment at the reporting unit level, which is one level below our operating segments.

 

The carrying amount of goodwill, by segment, was as follows:

 

    Microelectronic     Test        
    Solutions     Solutions     Total  
    (In thousands)  
                   
Balance at June 30, 2012   $ 248,090     $ 160,271     $ 408,361  
Foreign currency translation adjustments     1,026       1,075       2,101  
Balance at December 31, 2012   $ 249,116     $ 161,346     $ 410,462  

 

The components of amortizable intangible assets were as follows:

 

    December 31, 2012     June 30, 2012  
    Gross                 Gross              
    Carrying     Accumulated     Total Net     Carrying     Accumulated     Total Net  
    Amount     Amortization     Book Value     Amount     Amortization     Book Value  
    (In thousands)  
                                     
Developed technology   $ 203,610     $ 180,249     $ 23,361     $ 199,489     $ 164,065     $ 35,424  
Customer related intangibles     227,553       159,438       68,115       226,865       146,259       80,606  
Non-compete arrangements     10,396       8,782       1,614       10,292       8,007       2,285  
Trade names     3,366       2,344       1,022       3,298       2,137       1,161  
Total   $ 444,925     $ 350,813     $ 94,112     $ 439,944     $ 320,468     $ 119,476  

 

Based on a reduced forecast in one of our ATS reporting units, Avionics-Communications (Av-Comm), resulting from continued uncertainty in government spending, we have tested this reporting unit for impairment. As of December 31, 2012, the Av-Comm group had goodwill of $118.3 million and an enterprise carrying value of $202.3 million. We evaluated if there was impairment by comparing the fair value of the reporting unit with its enterprise carrying value. Based on our current analysis of the discounted estimated cash flows of this group, we have estimated that the fair value of this group was approximately $241 million at December 31, 2012 and that the goodwill has not been impaired. However, should actual results differ from our forecasts of cash flows and our estimated enterprise fair value decreases below the carrying value, then an impairment may occur and we would need to calculate the amount of the write-down of goodwill by comparing the implied fair value of the reporting unit’s goodwill (the excess of the fair value of the reporting unit over the fair value of its net identifiable assets) with the carrying amount of that goodwill.