Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.3
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of other purchased intangible assets
The carrying value of goodwill and other purchased intangibles as of September 30, 2019 and June 30, 2019 is as described below:
dollar amounts in thousands
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2019
 
June 30, 2019

Estimated Useful Lives (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Accumulated Impairment
 
Net Book Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Accumulated Impairment
 
Net Book Value
Identifiable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Existing customer relationships
5 - 15
 
$
8,848

 
$
(6,605
)
 
$
—

 
$
2,243

 
$
8,848

 
$
(6,376
)
 
$
—

 
$
2,472

Non-compete and other
3 - 5
 
2,300

 
(2,138
)
 
—

 
162

 
2,300

 
(2,122
)
 
—

 
178

Employment agreement
3
 
295

 
(264
)
 
—

 
31

 
295

 
(256
)
 
—

 
39

Intangibles subject to amortization
 
11,443

 
(9,007
)
 
—

 
2,436

 
11,443

 
(8,754
)
 
—

 
2,689

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade name
Indefinite
 
$
4,454

 
$
—

 
$
(1,291
)
 
$
3,163

 
$
4,454

 
$
—

 
$
(1,291
)
 
$
3,163

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Identifiable intangible assets
 
$
15,897

 
$
(9,007
)
 
$
(1,291
)
 
$
5,599

 
$
15,897

 
$
(8,754
)
 
$
(1,291
)
 
$
5,852

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
Indefinite
 
$
10,245


$
—

 
$
(1,364
)
 
$
8,881

 
$
10,245

 
$
—

 
$
(1,364
)
 
$
8,881

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule of future amortization expense
Estimated annual amortization expense related to definite-lived intangible assets for the succeeding five years is as follows (in thousands):
Fiscal Year Ending June 30,
 
Amount
2020 (9 months remaining)
 
$
758

2021
 
599

2022
 
571

2023
 
128

2024
 
47

Thereafter
 
333

Total
 
$
2,436