Schedule of other purchased intangible assets |
The carrying value of goodwill and other purchased intangibles as of March 31, 2019 and June 30, 2018 is as described below:
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dollar amounts in thousands |
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March 31, 2019 |
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June 30, 2018 |
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Estimated Useful Lives (Years) |
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Gross Carrying Amount |
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Accumulated Amortization |
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Accumulated Impairment |
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Net Book Value |
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Gross Carrying Amount |
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Accumulated Amortization |
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Accumulated Impairment |
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Net Book Value |
Identifiable intangible assets: |
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Existing customer relationships |
5 - 15 |
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$ |
8,848 |
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$ |
(6,148 |
) |
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$ |
— |
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$ |
2,700 |
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$ |
8,848 |
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$ |
(5,467 |
) |
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$ |
— |
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$ |
3,381 |
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Non-compete and other |
3 - 5 |
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2,300 |
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(2,106 |
) |
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— |
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194 |
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2,300 |
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(2,056 |
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— |
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244 |
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Employment agreement |
3 |
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295 |
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(247 |
) |
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— |
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48 |
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295 |
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(222 |
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— |
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73 |
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Intangibles subject to amortization |
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11,443 |
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(8,501 |
) |
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— |
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2,942 |
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11,443 |
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(7,745 |
) |
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— |
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3,698 |
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Trade name |
Indefinite |
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$ |
4,454 |
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$ |
— |
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$ |
(1,291 |
) |
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$ |
3,163 |
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$ |
4,454 |
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$ |
— |
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$ |
(1,291 |
) |
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$ |
3,163 |
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Identifiable intangible assets |
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$ |
15,897 |
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$ |
(8,501 |
) |
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$ |
(1,291 |
) |
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$ |
6,105 |
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$ |
15,897 |
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$ |
(7,745 |
) |
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$ |
(1,291 |
) |
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$ |
6,861 |
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Goodwill |
Indefinite |
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$ |
10,245 |
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$ |
— |
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$ |
(1,364 |
) |
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$ |
8,881 |
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$ |
10,245 |
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$ |
— |
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$ |
(1,364 |
) |
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$ |
8,881 |
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